Chicago Association For Research And Education In Science
- Assets
- $11.8m
- Revenue
- $5.7m
- Investments
- $0.0
- Employees
- 68
- Location
- Hines, IL
- Founding
- 03/2001
- Data as of
- 09/2022
- EIN
- 36-3334177
Organization Overview
Chicago Association For Research And Education In Science, operating under the name Cares, is located in Hines, IL. The organization was established in 2001. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. As of 09/2022, Cares employed 68 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cares 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 09/2022, Cares generated $5.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $6.0m during the year ending 09/2022. 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
ENHANCING THE HEALTH CARE OF AMERICAS VETERANS BY SUPPORTING RESEARCH AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
SEE SCHEDULE O
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Reutzel Mp Secretary/ceo | OfficerTrustee | 40 | $197,077 |
Kevin Hull JD Staff | 40 | $129,287 | |
Bharat Thakkar Staff | 40 | $109,450 | |
Rong Jiang Staff | 40 | $104,878 | |
William Wolf PHD President | OfficerTrustee | 1 | $0 |
Brian Moynihan Treasurer | OfficerTrustee | 1.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,471,466 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,477,966 |
| Total Program Service Revenue | $2,244,112 |
| Investment income | -$27,122 |
| 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 | $5,694,956 |
| 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. | $186,724 |
| Compensation of current officers, directors, key employees. | $186,724 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,058,339 |
| Pension plan accruals and contributions | $80,340 |
| Other employee benefits | $355,626 |
| Payroll taxes | $270,051 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,381 |
| Fees for services: Accounting | $33,302 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $256,958 |
| Advertising and promotion | $0 |
| Office expenses | $296,900 |
| Information technology | $24,542 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $54,479 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $44,603 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $102,007 |
| Insurance | $19,424 |
| All other expenses | $0 |
| Total functional expenses | $5,980,203 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,818 |
| Savings and temporary cash investments | $10,656,945 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $926,406 |
| 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 | $10,690 |
| Net Land, buildings, and equipment | $182,864 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,790,723 |
| Accounts payable and accrued expenses | $993,061 |
| 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 | $2,980,683 |
| Total liabilities | $3,973,744 |
| Net assets without donor restrictions | $6,193,967 |
| Net assets with donor restrictions | $1,623,012 |
| 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 | $11,790,723 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Chicago Association For Research And Education In Science has recieved totaling $1,140,257.
| Awarding Organization | Amount |
|---|---|
Prostate Cancer Foundation Santa Monica, CA PURPOSE: CANCER RESEARCH | $500,000 |
Fred Hutchinson Cancer Research Center Seattle, WA PURPOSE: VACCINE AND INFECTIOUS DISEASE | $490,257 |
Coleman Foundation Inc Chicago, IL PURPOSE: HEALTH AND REHABILITATION - PROGRAM SUPPORT | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Usona Institute Inc Madison, WI | $38,737,266 | $18,840,870 |
Chicago Association For Research And Education In Science Hines, IL | $11,790,723 | $5,694,956 |
International Association Of Assessing Officers Kansas City, MO | $8,352,276 | $4,892,120 |
Michael Reese Research And Education Foundation Chicago, IL | $25,901,146 | $3,650,987 |
International Society For Stem Cell Research Skokie, IL | $8,137,846 | $3,959,599 |
Well Resource Center Pella, IA | $3,360,975 | $3,363,505 |
Midwest Veterans Biomedical Research Foundation Kansas City, MO | $3,199,382 | $2,142,096 |
Association Of Records Managers & Administrators Lees Summit, MO | $1,165,887 | $1,993,906 |
National Headache Foundation Chicago, IL | $2,418,040 | $1,328,229 |
Alliance For The Great Lakes Chicago, IL | $11,314,434 | $5,836,934 |
Northern Indiana Education Foundation Inc Michigan City, IN | $18,815,733 | $2,249,251 |
Society For Adolescent Health And Medicine Chicago, IL | $1,917,252 | $1,159,346 |