City Club Of Chicago
- Assets
- $59.8k
- Revenue
- $597.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Chicago, IL
- Founding
- 08/1944
- Data as of
- 12/2022
- EIN
- 36-2017165
Organization Overview
City Club Of Chicago is located in Chicago, IL. The organization was established in 1944. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, City Club Of Chicago employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. City Club Of Chicago 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 12/2022, City Club Of Chicago generated $597.2k 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 (11.0%) each year. All expenses for the organization totaled $574.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.7%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CITY CLUB OF CHICAGO ADVANCES OPEN DISCUSSION OF PUBLIC POLICY AND STRENGTHENS THE REGION BY CONVENING CIVIC-MINDED INDIVIDUALS IN THE PUBLIC, PRIVATE, AND NON-PROFIT SECTORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CITY CLUB OF CHICAGO HOLDS PUBLIC POLICY FORUMS FOR ITS MEMBERS AND THE PUBLIC TO ACHIEVE ITS MISSION OF PROVIDING A FORUM FOR THE DISCUSSION OF CIVIC AND PUBLIC AFFAIRS INVOLVING CHICAGO, THE METROPOLITAN REGION, AND THE STATE OF ILLINOIS. IN 2022, CITY CLUB OF CHICAGO HELD 33 IN-PERSON FORUMS. FORUMS ARE LIVESTREAMED AND ARCHIVED ON THE CITY CLUB'S WEBSITE FOR ALL TO VIEW FREE OF CHARGE. CITY CLUB MAINTAINED 761 MEMBERS IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jaclene Robinson-Ivy Chair | OfficerTrustee | 15 | $0 |
Daniel Gibbons Vice-Chair | OfficerTrustee | 15 | $0 |
Omar Daghestani Treasurer | OfficerTrustee | 15 | $0 |
Frances Kao Secretary | OfficerTrustee | 5 | $0 |
Edward Mazur Director | Trustee | 3 | $0 |
Jose Sanchez Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Maggiano's Banquets Venue, Food Service | 12/30/17 | $478,523 |
Video Parachute Inc Videography, Photography Services | 12/30/17 | $107,219 |
Maggiano's Banquets Venue, Food Service | 12/30/17 | $478,523 |
Video Parachute Inc Videography, Photography Services | 12/30/17 | $107,219 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $126,314 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,135 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,449 |
| Total Program Service Revenue | $469,615 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $597,184 |
| 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 | $127,582 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $14,061 |
| Payroll taxes | $10,840 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,700 |
| Fees for services: Accounting | $47,128 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $46,961 |
| Advertising and promotion | $0 |
| Office expenses | $21,570 |
| Information technology | $5,245 |
| Royalties | $0 |
| Occupancy | $21,270 |
| Travel | $2,696 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $242,342 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,613 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $574,464 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,826 |
| Savings and temporary cash investments | $451 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,595 |
| 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 | $2,777 |
| Net Land, buildings, and equipment | $2,299 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $23,872 |
| Total assets | $59,820 |
| Accounts payable and accrued expenses | $92,483 |
| Grants payable | $0 |
| Deferred revenue | $132,212 |
| 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 | $21,695 |
| Total liabilities | $246,390 |
| Net assets without donor restrictions | -$186,570 |
| 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 | $59,820 |