Chicago Dental Society
- Assets
- $31.2m
- Revenue
- $8.7m
- Investments
- $0.0
- Employees
- 16
- Location
- Chicago, IL
- Founding
- 09/1935
- Data as of
- 12/2022
- EIN
- 36-0898765
Organization Overview
Chicago Dental Society is located in Chicago, IL. The organization was established in 1935. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Chicago Dental Society employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago Dental Society is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Chicago Dental Society generated $8.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $8.7m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Chicago Dental Society has awarded 90 individual grants totaling $9,983,688. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE OTHE OBJECT OF THIS SOCIETY SHALL BE TO ENCOURAGE THE IMPROVEMENT OF THE HEALTH OF THE PUBLIC, TO PROMOTE THE ART AND SCIENCE OF DENTISTRY AND TO REPRESENT THE INTEREST OF THE MEMBERS OF THE PROFESSION AND THE PUBLIC WHICH IT SERVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MIDWINTER MEETING - PROVIDES PERPETUAL CONTINUING EDUCATION FOR ALL MEMBERS OF THE DENTAL PROFESSION, INCLUDING PRODUCTS AND SERVICES TO ASSIST IN THE PRACTICE OF DENTISTRY. 2022 MIDWINTER MEETING ATTENDEES - 16,201.
CDS REVIEW - BI-MONTHLY JOURNAL - TO DISSEMINATE INFORMATION AND MATERIAL FOR BOTH THE DENTAL PROFESSION AND THE PUBLIC. CIRCULATION 7,852.
ALL ACTIVITIES - COVERS ALL ASPECTS OF THE CHICAGO DENTAL SOCIETY'S ACTIVITIES INCLUDING WORK WITH NINE BRANCHES, FORMULATING PROGRAMS RELATING TO COMMUNITY ORAL HEALTH, ACCESS TO CARE AND TO PROVIDE ASSISTANCE, GUIDANCE, SUPPORT AND ADVOCACY FOR THE DENTAL PROFESSION AND THE PUBLIC THEY SERVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neil Singh Director | Trustee | 5 | $1,450 |
Theodore J Constantine Director | Trustee | 5 | $23,424 |
Victoria A Ursitti Director | Trustee | 5 | $23,774 |
Jun S Lim Director | Trustee | 5 | $22,614 |
Gordon J Ziols Director | Trustee | 5 | $22,614 |
Spencer Pope Director | Trustee | 5 | $22,119 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $8,046,321 |
| Investment income | $542,337 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $6,647 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $91,480 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,700,656 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $227,880 |
| 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. | $845,400 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,062,577 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $516,260 |
| Payroll taxes | $120,598 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $184,495 |
| Royalties | $0 |
| Occupancy | $1,158,529 |
| Travel | $228,803 |
| 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 | $12,832 |
| Insurance | $46,093 |
| All other expenses | $1,175,126 |
| Total functional expenses | $8,699,992 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $340,148 |
| Savings and temporary cash investments | $1,677,937 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $93,133 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $958,078 |
| Net Land, buildings, and equipment | $21,392 |
| Investments—publicly traded securities | $28,090,062 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,400 |
| Total assets | $31,195,150 |
| Accounts payable and accrued expenses | $488,546 |
| Grants payable | $0 |
| Deferred revenue | $7,049,732 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| 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 | $292,191 |
| Total liabilities | $7,830,469 |
| Net assets without donor restrictions | $23,364,681 |
| Net assets with donor restrictions | $0 |
| 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 | $31,195,150 |
Grants Awarded
Over the last fiscal year, Chicago Dental Society has awarded $227,880 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
NORTH SUBURBAN CDS BRANCH PURPOSE: ASSIST WITH PROGRAMS | $5,365 |
NORTHSIDE CDS BRANCH PURPOSE: ASSIST WITH PROGRAMS | $7,180 |
WEST SUBURBAN CDS BRANCH PURPOSE: ASSIST WITH PROGRAMS | $6,390 |
NORTHWEST SIDE CDS BRANCH PURPOSE: ASSIST WITH PROGRAMS | $6,455 |
DENT-IL-PAC PURPOSE: ASSIST WITH PROGRAMS | $15,000 |
CHICAGO DENTAL SOCIETY FOUNDATION PURPOSE: ASSIST WITH PROGRAMS | $167,075 |