Chicago District Golf Association Foundation
- Assets
- $5.6m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Lemont, IL
- Founding
- 10/1948
- Data as of
- 11/2023
- EIN
- 36-2374223
Organization Overview
Chicago District Golf Association Foundation is located in Lemont, IL. The organization was established in 1948. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago District Golf Association Foundation 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 11/2023, Chicago District Golf Association Foundation generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $894.9k during the year ending 11/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
FOUNDED IN 1944 FOR RETURNING VETERANS FROM WORLD WAR II, THE CDGA FOUNDATION SECURES AND ADMINISTERS PHILANTHROPIC SUPPORT TO ADVANCE THE MISSION AND PROGRAMS OF THE CDGA. WE RECOGNIZE THE LIFE-CHANGING BENEFITS OF GOLF AND THE IMPORTANCE OF GIVING BACK TO OUR COMMUNITY. EVERY DONATION TO THE CDGA FOUNDATION CONTRIBUTES TO FURTHERING ACCESS AND INCLUSION WITHIN OUR DISTRICT, SO THAT WE CAN GROW THE GAME FOR ALL FOR YOUTH, INDIVIDUALS WITH SPECIAL NEEDS AND VETERANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MIDWEST GOLF HOUSE ALONG WITH THE BOB BERRY SUNSHINE COURSE IS A PROGRAM THAT HELPS UTILIZE THE GAME OF GOLF THROUGH EDUCATION, MENTAL INTERACTION, AND PHYSICAL ACTIVITIES FOR VETERANS AND PEOPLE WITH SPECIAL NEEDS. THE COURSE ALSO ACTS AS A LIVING TURFGRASS RESEARCH FACILITY THAT THE CDGA TURFGRASS STAFF ROUTINELY CONDUCT EXPERIMENTS ON TO BETTER HELP GOLF COURSE OPERATORS THROUGHOUT THE COUNTRY.
THE SUNSHINE THROUGH GOLF CAMP PROGRAM BRINGS BENEFITS AND JOY TO PEOPLE WITH SPECIAL NEEDS BY HOSTING CLINICS AT GOLF COURSES AROUND THE CHICAGO DISTRICT. A LOT OF THE EXPERIENCES ARE IN-KIND AND THERE ARE MORE THAN 90 CLINICS FOR OVER 1,000 INDIVIDUALS WITH SPECIAL NEEDS. OUR VETERANS GOLF PROGRAM PARTNERING WITH REVELATION GOLF PROVIDES THERAPEUTIC GOLF CLINICS TO ACTIVE DUTY AND VETERANS OF THE MILITARY.
THE CDGA FOUNDATION SCHOLARSHIP, FORMERLY UNDER THE ADMINISTRATION OF THE CHICAGO AREA GOLF SWING CLUB, IS AWARDED TO DISABLED VETERANS OR DEPENDENTS OF DECEASED OR DISABLED VETERANS LIVING OR HOSPITALIZED IN THE CHICAGO DISTRICT. AWARDS COME IN VARYING AMOUNTS AND ARE GIVEN ON THE BASIS OF FINANCIAL NEED, SCHOLASTIC ACHIEVEMENT, COMMUNITY SERVICE AND PERSONAL GOALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Reed Ex Officio | Trustee | 1 | $0 |
John Hammond President | OfficerTrustee | 1 | $0 |
Mike Nass Vice President | OfficerTrustee | 1 | $0 |
Sheldon Solow Trustee | Trustee | 1 | $0 |
David Rathgeber General Counsel | OfficerTrustee | 1 | $0 |
Tom Allison Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wadsworth Golf Construction Company Golf Course Renovations | 11/29/21 | $179,419 |
Cotg Audio Services | 11/29/21 | $126,991 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $310,900 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $969,884 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,280,784 |
| Total Program Service Revenue | $22,970 |
| Investment income | $37,785 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $228,504 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,620,085 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $130,000 |
| Grants and other assistance to domestic individuals. | $32,638 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,924 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,000 |
| Advertising and promotion | $0 |
| Office expenses | $14,244 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $297,013 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $43,306 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $256,955 |
| Insurance | $100 |
| All other expenses | $6,805 |
| Total functional expenses | $894,947 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,031,823 |
| Savings and temporary cash investments | $186,247 |
| Pledges and grants receivable | $400,000 |
| Accounts receivable, net | $313,385 |
| 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 | $0 |
| Net Land, buildings, and equipment | $3,385,333 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $321,580 |
| Total assets | $5,638,368 |
| Accounts payable and accrued expenses | $182,297 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $55,498 |
| Total liabilities | $237,795 |
| Net assets without donor restrictions | $4,813,878 |
| Net assets with donor restrictions | $586,695 |
| 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 | $5,638,368 |