Greater Chicago Club Managers Scholarship Foundation
- Assets
- $324.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oak Brook, IL
- Founding
- 12/1997
- Data as of
- 12/2022
- EIN
- 36-4174539
Organization Overview
Greater Chicago Club Managers Scholarship Foundation is located in Oak Brook, IL. The organization was established in 1997. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Chicago Club Managers Scholarship 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 12/2022, Greater Chicago Club Managers Scholarship Foundation generated $82.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $48.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
AWARDING OF SCHOLARSHIP AND EDUCATIONAL GRANTS TO ENCOURAGE INDIVIDUALS TO PURSUE EDUCATIONAL AND CAREER OPPORTUNITIES IN CLUB MANAGEMENT.
Describe the Organization's Program Activity:
Part 3
AWARDED SCHOLARSHIPS TO QUALIFIED INDIVIDUALS AND FUNDED EDUCATIONAL PROGRAMS
AWARDED GRANTS TO NONPROFIT ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Disanto Secretary | 0.25 | $6,200 | |
Kyle Ruch Director | 0.25 | $0 | |
Brandon Arkush Director | 0.25 | $0 | |
Eric Risinger Director | 0.25 | $0 | |
Glen Grossman Director | 0.25 | $0 | |
Jeff Schenkel Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,580 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6,140 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,458 |
| Other Revenue | $0 |
| Total Revenue | $82,178 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,200 |
| Professional fees and other payments to independent contractors | $3,651 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,691 |
| Total expenses | $48,542 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $319,010 |
| Other assets | $0 |
| Total assets | $324,010 |
| Total liabilities | $25,000 |
| Net assets or fund balances | $299,010 |
Grants Awarded
Over the last fiscal year, Greater Chicago Club Managers Scholarship Foundation has awarded $140,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Inverness, IL PURPOSE: GENERAL SUPPORT | $90,000 |
Alexandria, VA PURPOSE: GENERAL SUPPORT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
AbbVie Employee Assistance Fund Inc North Chicago, IL | $0 | $8,759,468 |
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |
Alfred I Dupont Awards Foundation Chicago, IL | $0 | $4,985,997 |
Accenture Foundation Inc Chicago, IL | $134,926,823 | $15,596,009 |
Rooted Alliance Inc Chicago, IL | $2,335,555 | $4,487,602 |
Rsm Us Foundation Davenport, IA | $13,920,904 | $7,669,329 |
Cleveland Avenue Foundation For Education Group Chicago, IL | $12,236,345 | $15,309,295 |
Western Illinois Regional Council Community Action Agency Macomb, IL | $2,081,443 | $6,378,655 |
Pleasant T Rowland Foundation Brookfield, WI | $94,312,384 | $11,804,849 |
Catholic Education Foundation Inc Louisville, KY | $34,954,329 | $8,681,774 |
Guaranteed Rate Foundation Nfp Chicago, IL | $1,798,790 | $5,812,096 |
Foundation For The Realization Of Human Potential Nfp Chicago, IL | $6,540,045 | $5,725,099 |