Chicago Chess Foundation is located in Chicago, IL. The organization was established in 2015. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago Chess 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 08/2022, Chicago Chess Foundation generated $145.7k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $134.7k during the year ending 08/2022. While expenses have increased by 6.5% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Hayes President | 3 | $0 | |
Benjamin Wong Vice Preside | 1 | $0 | |
Edwin Walker Vice Preside | 3 | $0 | |
Michael Bologna Secretary | 1 | $0 | |
John Deligiannis Director | 1 | $0 | |
Adam Geisler Programs Com | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $102,741 |
Total Program Service Revenue | $14,698 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $28,302 |
Other Revenue | $0 |
Total Revenue | $145,741 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $71,928 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $714 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $62,068 |
Total expenses | $134,710 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $113,019 |
Other assets | $0 |
Total assets | $113,019 |
Total liabilities | $28,788 |
Net assets or fund balances | $84,231 |