Honor Flight Chicago Corp
- Assets
- $2.7m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 3
- Location
- Rosemont, IL
- Founding
- 06/2008
- Data as of
- 09/2021
- EIN
- 26-1978570
Organization Overview
Honor Flight Chicago Corp is located in Rosemont, IL. The organization was established in 2008. According to its NTEE Classification (P52) the organization is classified as: Transportation Assistance, under the broad grouping of Human Services and related organizations. As of 09/2021, Honor Flight Chicago Corp employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Honor Flight Chicago Corp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Honor Flight Chicago Corp generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $696.7k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (17.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO RECOGNIZE THE BRAVERY, DETERMINATION AND PATRIOTISM OF AMERICAS SENIOR VETERANS WITH AN ALL EXPENSE PAID ONE OF A KIND JOURNEY TO WASHINGTON DC FOR A DAY OF HONOR, THANKS AND INSPIRATION. SINCE FORMATION THE ORGANIZATION HAS FLOWN 8,954 VETERANS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO RECOGNIZE THE BRAVERY, DETERMINATION AND PATRIOTISM OF AMERICAS SENIOR VETERANS WITH AN ALL EXPENSE PAID ONE OF A KIND JOURNEY TO WASHINGTON DC FOR A DAY OF HONOR, THANKS AND INSPIRATION.SINCE FORMATION, THE ORGANIZATION HAS FLOWN 8,954 VETERANS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Pettinato Treasurer Former CEO | OfficerTrustee | 4 | $0 |
John Ptak President | OfficerTrustee | 4 | $0 |
William Hassett Secretary | OfficerTrustee | 4 | $0 |
Bonni Pear Vice President | OfficerTrustee | 4 | $0 |
Paul Meineke Director | Trustee | 4 | $0 |
Alan Garfield Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $59,684 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,036,839 |
| Noncash contributions included in lines 1a–1f | $23,465 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,096,523 |
| Total Program Service Revenue | $33,887 |
| Investment income | $348 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $6,183 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $8,274 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,145,215 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $221,426 |
| Pension plan accruals and contributions | $10,889 |
| Other employee benefits | $7,105 |
| Payroll taxes | $16,543 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,878 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,686 |
| Office expenses | $54,689 |
| Information technology | $25,172 |
| Royalties | $0 |
| Occupancy | $20,953 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,400 |
| Insurance | $2,911 |
| All other expenses | $0 |
| Total functional expenses | $696,667 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $609,604 |
| Savings and temporary cash investments | $1,822,516 |
| Pledges and grants receivable | $31,483 |
| Accounts receivable, net | $20,269 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $30,203 |
| Prepaid expenses and deferred charges | $191,815 |
| Net Land, buildings, and equipment | $1,247 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,707,137 |
| Accounts payable and accrued expenses | $68,177 |
| Grants payable | $0 |
| Deferred revenue | $1,025 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $148,804 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $218,006 |
| Net assets without donor restrictions | $2,377,648 |
| Net assets with donor restrictions | $111,483 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,707,137 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Honor Flight Chicago Corp has recieved totaling $137,604.
| Awarding Organization | Amount |
|---|---|
Masonic Family Health Foundation Downers Grove, IL PURPOSE: SERVICES FOR VETERANS | $50,000 |
Sunrise Rotary Club Charitable Projects Foundation Of Libertyville, IL PURPOSE: TO FUND CHARITABLE OPERATIONS | $25,000 |
The Albertsons Companies Foundation Pleasanton, CA PURPOSE: VETERANS | $25,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $24,494 |
Honor Flight Inc Arlington, VA PURPOSE: HUB ASSISTANCE GRANT | $13,110 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Federated Transportation Services Of The Bluegrass Inc Lexington, KY | $44,842,624 | $51,221,443 |
Oats Inc Columbia, MO | $40,304,103 | $26,027,644 |
Agency For Community Transit Pontoon Beach, IL | $30,558,179 | $26,502,047 |
Rural Transit Enterprises Coordinated Incorporation Mount Vernon, KY | $20,198,790 | $18,973,393 |
Show Bus Public Transportation Nfp Chenoa, IL | $860,811 | $3,830,879 |
Louisville Wheels Transportation Inc Louisville, KY | $5,176,976 | $3,070,785 |
City Wide Transportation Inc Kansas City, MO | $804,508 | $2,048,331 |
Independent Living Inc Madison, WI | $0 | $1,146,589 |
Honor Flight Chicago Corp Rosemont, IL | $2,707,137 | $1,145,215 |
Washington County Mini Bus Inc Washington, IA | $1,053,627 | $704,288 |
Dunklin County Transit Services Inc Malden, MO | $480,454 | $594,306 |
Samaritan Car Clinic Inc Covington, KY | $1,395,988 | $658,849 |