Block Club Chicago Nfp
- Assets
- $3.3m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 43
- Location
- Chicago, IL
- Founding
- 04/2019
- Data as of
- 12/2023
- EIN
- 82-3844275
Organization Overview
Block Club Chicago Nfp is located in Chicago, IL. The organization was established in 2019. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2023, Block Club Chicago Nfp employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Block Club Chicago Nfp 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 12/2023, Block Club Chicago Nfp generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 23.0% each year . All expenses for the organization totaled $3.9m during the year ending 12/2023. 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
BLOCK CLUB CHICAGO IS A NONPROFIT NEWS ORGANIZATION DEDICATED TO DELIVERING RELIABLE, NONPARTISAN AND ESSENTIAL COVERAGE OF CHICAGO'S DIVERSE NEIGHBORHOODS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BLOCK CLUB IS THE MOST PROLIFIC HYPERLOCAL NEWS OPERATION IN THE CHICAGO AREA. WE'VE PUBLISHED MORE THAN 25,000 STORIES ON CHICAGO'S NEIGHBORHOODS, COVERED HUNDREDS OF COMMUNITY MEETINGS AND SEND OUR NEWSLETTER OUT TO MORE THAN 112,000 PEOPLE DAILY.BLOCK CLUB BELIEVES ALL NEIGHBORHOODS DESERVE TO BE COVERED IN A MEANINGFUL WAY. WE AMPLIFY POSITIVE STORIES, SHOW UP TO DEVELOPMENT AND LOCAL SCHOOL COUNCIL MEETINGS AND SERVE AS WATCHDOG IN NEIGHBORHOODS THAT ARE OFTEN OSTRACIZED BY TRADITIONAL NEWS MEDIA.OUR REPORTERS DON'T PARACHUTE IN ONCE TO COVER A STORY. THEY ARE IN THE NEIGHBORHOODS THEY COVER EVERY DAY BUILDING RELATIONSHIPS OVER TIME WITH NEIGHBORS. WE BELIEVE THIS GROUND-LEVEL APPROACH NOT ONLY BUILDS COMMUNITY BUT LEADS TO A MORE ACCURATE PORTRAYAL OF A NEIGHBORHOODS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Washington President | OfficerTrustee | 5 | $2,000 |
Brant Houston Secretary | OfficerTrustee | 5 | $0 |
Dan Israelite Treasurer | OfficerTrustee | 5 | $0 |
Charles F Whitaker Director | Trustee | 5 | $0 |
Shamus Toomey Editor-In-Chief | 60 | $156,002 | |
Jennifer Sabella Director Of Strategy | 60 | $155,942 |
Financial Statements
| 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 | $1,739,480 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,739,480 |
| Total Program Service Revenue | $1,377,211 |
| Investment income | $65,944 |
| 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 | $12,011 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,194,646 |
| 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 | $2,631,020 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $178,853 |
| Payroll taxes | $209,798 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $24,590 |
| Fees for services: Accounting | $30,288 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $295,028 |
| Advertising and promotion | $50,347 |
| Office expenses | $55,942 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $68,401 |
| 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 | $19,521 |
| Insurance | $23,220 |
| All other expenses | $48,522 |
| Total functional expenses | $3,865,946 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $390,879 |
| Savings and temporary cash investments | $496,072 |
| Pledges and grants receivable | $384,066 |
| 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 | $21,590 |
| Prepaid expenses and deferred charges | $70,915 |
| Net Land, buildings, and equipment | $60,887 |
| Investments—publicly traded securities | $1,881,797 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,038 |
| Total assets | $3,312,244 |
| Accounts payable and accrued expenses | $138,564 |
| Grants payable | $0 |
| Deferred revenue | $512,152 |
| 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 | $650,716 |
| Net assets without donor restrictions | $900,975 |
| Net assets with donor restrictions | $1,760,553 |
| 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 | $3,312,244 |