Chicago Bible Society
- Assets
- $176.1k
- Revenue
- $235.4k
- Investments
- $0.0
- Employees
- 3
- Location
- Chicago, IL
- Founding
- 03/1935
- Data as of
- 12/2022
- EIN
- 36-2495301
Organization Overview
Chicago Bible Society is located in Chicago, IL. The organization was established in 1935. According to its NTEE Classification (I43) the organization is classified as: Inmate Support, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2022, Chicago Bible Society employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago Bible Society 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, Chicago Bible Society generated $235.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $204.0k during the year ending 12/2022. 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
THE CHICAGO BIBLE SOCIETY IS A MINISTRY THAT DISTRIBUTES BIBLE'S TO PRISONS, HOSPITALS, AND SHELTERS AND PROMOTES INCREASED READING OF THE BIBLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM A - SCRIPTURE PROVISION - CHICAGO BIBLE SOCIETY DISTRIBUTES BIBLE SCRIPTURE PORTIONS, STUDY GUIDES TO JAILS, HOSPITALS, SHELTERS & CHURCHES.
PROGRAM B - SCRIPTURE ENCOURAGEMENT - CHICAGO BIBLE SOCIETY SPONSORS BIBLE STUDY AND EDUCATION PROGRAMS TO ENCOURAGE READING AND UNDERSTANDING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
M Renetzzky President | OfficerTrustee | 1 | $0 |
Wendy Cotter Vice President | Trustee | 1 | $0 |
Jaffrey Schwab Treasurer | OfficerTrustee | 1 | $0 |
Kenneth Oliver Executive Director | OfficerTrustee | 30 | $55,970 |
David Dault Secretary | Trustee | 1 | $0 |
Jesus Nunez Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $44,400 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $181,934 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $226,334 |
| Total Program Service Revenue | $9,018 |
| 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 | $235,352 |
| 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. | $53,971 |
| Compensation of current officers, directors, key employees. | $18,890 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $76,252 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,783 |
| Payroll taxes | $9,962 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,365 |
| 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 | $1,166 |
| Information technology | $2,316 |
| Royalties | $0 |
| Occupancy | $7,375 |
| Travel | $292 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $90 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,784 |
| All other expenses | $0 |
| Total functional expenses | $204,011 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $162,679 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $150 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $12,809 |
| Prepaid expenses and deferred charges | $500 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $176,138 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $122,798 |
| Net assets with donor restrictions | $53,340 |
| 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 | $176,138 |