Progress Chicago is located in Chicago, IL. The organization was established in 2019. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Progress Chicago is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Progress Chicago generated $50.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (50.5%) each year. All expenses for the organization totaled $53.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (48.3%) per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE CORPORATION IS FORMED FOR THE PURPOSE OF PROMOTING THE ADVANCEMENT OF SOUND FISCAL, EDUCATION AND ECONOMIC DEVELOPMENT POLICIES FOR THE COMMON GOOD AND WELFARE OF THE CITY OF CHICAGO AND STATE OF ILLINOIS AND FOR SUCH OTHER RELATED PURPOSES PERMITTED TO BE EXEMPT FROM TAXATION UNDER SECTION 501(C)(4) OF THE UNITED STATES INTERNAL REVENUE CODE, AS MAY BE AMENDED FROM TIME TO TIME (THE "CODE"). ALL OF THE ASSETS AND THE EARNINGS OF THE CORPORATION SHALL BE USED FOR THE PURPOSES WITHIN THE MEANING OF SECTION 501(C)(4) OF THE CODE. NO PART OF THE NET EARNINGS OF THE CORPORATION SHALL INURE TO THE BENEFIT OF, OR BE DISTRIBUTABLE TO ANY MEMBER, DIRECTOR, OFFICER OR ANY OTHER PRIVATE PERSONS, EXCEPT THAT THE CORPORATION SHALL BE AUTHORIZED AND EMPOWERED TO PAY REASONABLE COMPENSATION FOR SERVICES RENDERED AND TO MAKE PAYMENTS AND DISTRIBUTIONS IN FURTHERANCE OF THE PURPOSES SET FORTH HEREIN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRESS CHICAGO AIMS TO HIGHLIGHT THE SIGNIFICANT GAINS THIS CITY HAS MADE IN RECENT YEARS IN EDUCATION, ECONOMIC DEVELOPMENT AND PUBLIC SAFETY. WE CELEBRATE AND FIGHT FOR THE ACHIEVEMENTS MADE ON BEHALF OF EVERYDAY CHICAGOANS TO MAKE THIS CITY A MORE EQUITABLE, PROSPEROUS, AND WELCOMING COMMUNITY FOR ALL. SPECIFICALLY, WE:COMMUNICATE: WE SPOTLIGHT THE PEOPLE AND POLICIES THAT ARE WORKING TO MAKE THIS CITY GREAT; ADVOCATE: WE ADVOCATE FOR MEASURES THAT WILL BENEFIT CHICAGO AND THE REGION, AND WE SEEK TO HOLD ELECTED OFFICIALS ACCOUNTABLE TO ADDRESSING ISSUES CHICAGOANS CARE ABOUT; COLLABORATE: WE PARTNER WITH ALLIED ORGANIZATIONS AND CIVIC LEADERS WHO SHARE OUR MISSION AND HELP ADVANCE AWARENESS ABOUT THE PROGRESS (SEE SCH O) CHICAGO IS MAKING IN THE CLASSROOM, IN COMMERCE AND IN NEIGHBORHOODS THROUGHOUT THE CITY. IN 2021, OUR MAJOR COMMUNICATION EFFORTS INCLUDED A ROBUST MULTI-CHANNEL ADVERTISING CAMPAIGN HIGHLIGHTING THE RECENT GAINS MADE BY CHICAGO PUBLIC SCHOOLS TO INCREASE AWARENESS ABOUT THE PEOPLE AND POLICIES THAT HAVE IMPROVED OUR SCHOOLS AND NEIGHBORHOODS. OUR CITY HAS MADE GREAT STRIDES IN RECENT YEARS IN EDUCATION BUT THE THREAT OF THIS WORK BEING UNDONE WAS REAL. PROGRESS CHICAGO'S EFFORTS HELPED GEAR UP FOR THE MAJOR LEGISLATIVE BATTLES IN SPRINGFIELD LAST SPRING THAT THREATEN TO ROLLBACK THE PROMISE OF FAIR FUNDING FOR OUR SCHOOLS AND OTHER POLICIES THAT SUPPORT THE CONTINUED GROWTH IN THE CITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sam Hobert President | OfficerTrustee | 1 | $0 |
Ashley Tate-Gilmore Secretary & Dir. | OfficerTrustee | 0.25 | $0 |
Lisa Duarte Chair/treasurer/dir | OfficerTrustee | 0.25 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Kdj Strategies Consulting | 12/30/18 | $192,500 |
Global Strategy Group Consulting | 12/30/18 | $221,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
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 | $0 |
Total Program Service Revenue | $0 |
Investment income | $1 |
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 | $50,101 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $46,524 |
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 | $5,708 |
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 | $0 |
Information technology | $0 |
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 | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $1,650 |
Total functional expenses | $53,882 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
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 | $0 |
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 | $0 |
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 | $0 |
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