The Lawyers Club Of Chicago
- Assets
- $29.4k
- Revenue
- $19.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 03/1983
- Data as of
- 06/2023
- EIN
- 36-3094444
Organization Overview
The Lawyers Club Of Chicago is located in Chicago, IL. The organization was established in 1983. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lawyers Club Of Chicago 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 06/2023, Lawyers Club Of Chicago generated $19.3k 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 (15.1%) each year. All expenses for the organization totaled $21.7k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (13.4%) 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY EXEMPT PURPOSE FOR WHICH THE LAWYERS CLUB OF CHICAGO IS ORGANIZED ARE (1)TO ADVANCE THE CONDITION OF THE LAW AND INTERESTS OF PRACTITIONERS IN THE CITY OF CHICAGO THROUGH SOCIAL INTERACTION AND TOLERANT DISCUSSION OF QUESTIONS OF LAW AND PRACTICE AND (2) TO PROMOTE REFORM IN THE LAW, FACILITATE THE ADMINISTRATION OF JUSTICE, ELEVATE THE STANDARD OF INTEGRITY, HONOR AND COURTESY IN THE LEGAL PROFESSION AND CHERISH THE SIPRIT OF CAMARADERIE AMONG THE MEMBERS THEREOF. THE ORGANIZATION'S MEETINGS AND THE PAPERS READ AND DISCUSSIONS HELD AT THE MEETINGS, WHICH ARE FUNDED BY DUES AND ASSESSMENTS, CONSTITUTE THE MEANS BY WHICH THE ORGANIZATION ACCOMPLISHES ITS EXEMPT PURPOSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO FOSTER THE MISSION OF THE ORGANIZATION AS DESCRIBED IN SCHEDULE O. THE ORGANIZATION SPONSORS SEVERAL EVENTS FEATURING PROMINENT ATTORNEYS, AUTHORS, AND PUBLIC FIGURES WITHIN THE LEGAL PROFESSION AND THE GREATER CHICAGO COMMUNITY.
TO FOSTER THE MISSION OF THE ORGANIZATION AS DESCRIBED IN SCHEDULE O. THE ORGANIZATION SPONSORS SEVERAL MEMBER DINNERS FEATURING A GUEST SPEAKER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judge Nichole C Patton President | OfficerTrustee | $0 | |
Deidre Baumann Secretary/tr | OfficerTrustee | $0 | |
Maureen C Mullen Past Preside | OfficerTrustee | $0 | |
Steven Holtkamp Director | Trustee | $0 | |
Emil Khatchatourian Director | Trustee | $0 | |
Rowe W Snider Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $14,932 |
| 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 | $14,932 |
| Total Program Service Revenue | $4,390 |
| 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 | $19,322 |
| 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 | $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 | $675 |
| 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 | $11,913 |
| Information technology | $1,588 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,528 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $21,704 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,358 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $29,358 |
| 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 | $29,358 |
| 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 | $29,358 |