Collective Chicago
- Assets
- $126.1k
- Revenue
- $396.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Chicago, IL
- Founding
- 07/2019
- Data as of
- 12/2021
- EIN
- 83-2674900
Organization Overview
Collective Chicago is located in Chicago, IL. The organization was established in 2019. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Collective Chicago employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Collective Chicago 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 12/2021, Collective Chicago generated $396.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 72.3% each year . All expenses for the organization totaled $278.6k during the year ending 12/2021. While expenses have increased by 72.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO DISRUPT CYCLES OF POVERTY WITH DIGNIFIED TRANSITIONAL HOUSING THAT HOLISTICALLY CONNECTS YOUNG MEN TO OPPORTUNITIES THAT CREATE AND SUSTAIN PERSONAL, PROFESSIONAL, AND RELATIONAL GROWTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRANSITIONAL HOUSING PROGRAM - THIS PROGRAM PROVIDES TEMPORARY HOUSING TO MEN AGES 18-35 EXPERIENCING HOMELESSNESS. THROUGH IN-HOUSE SERVICES AND OUT-OF-HOUSE PARTNERS WE OFFER ASSISTANCE WITH EMPLOYMENT, FINANCIAL LITERACY, COOKING SKILLS, PSYCHOTHERAPY AND PHYSICAL FITNESS TRAINING UNTIL RESIDENTS ARE ABLE TO TRANSITION INTO PERMANENT HOUSING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Gianforte Secretary And Treasurer | OfficerTrustee | 1 | $39,385 |
Daniel Minea President | OfficerTrustee | 1 | $33,231 |
Simone Halpin Vice President | OfficerTrustee | 1 | $0 |
Jason Welch Board Member | Trustee | 1 | $0 |
Jackie Taylor Board Member | Trustee | 1 | $0 |
Michael Chitwood Board Member | Trustee | 1 | $0 |
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 | $391,767 |
| Noncash contributions included in lines 1a–1f | $5,007 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $391,767 |
| Total Program Service Revenue | $0 |
| Investment income | $3 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,511 |
| Net Income from Fundraising Events | $6,076 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $396,759 |
| 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. | $72,615 |
| Compensation of current officers, directors, key employees. | $8,576 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,681 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,999 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $29,593 |
| 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 | $44 |
| Total functional expenses | $278,643 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,027 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $40,000 |
| 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 | $82,081 |
| Total assets | $126,108 |
| Accounts payable and accrued expenses | $3,076 |
| 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 | $3,076 |
| Net assets without donor restrictions | $123,032 |
| 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 | $126,108 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Collective Chicago has recieved totaling $97,629.
| Awarding Organization | Amount |
|---|---|
Gianforte Fam Charitable Tr Bozeman, MT PURPOSE: CHARITABLE PURPOSE | $80,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $7,211 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,413 |
Declaration Of Tr Establishing The Cuore E Mani Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
City Union Mission Inc Kansas City, MO | $45,807,179 | $22,233,320 |
Connections For The Homeless Inc Evanston, IL | $3,076,427 | $13,787,312 |
The Fort Wayne Rescue Mission Ministries Inc Fort Wayne, IN | $18,135,638 | $8,056,165 |
Hvaf Of Indiana Inc Indianapolis, IN | $15,568,459 | $14,316,615 |
Hope Center Inc Lexington, KY | $15,963,477 | $9,458,031 |
Dupage P A D S Inc Wheaton, IL | $16,069,911 | $10,468,502 |
Restart Inc Kansas City, MO | $6,621,835 | $7,572,954 |
Guest House Of Milwaukee Inc Milwaukee, WI | $4,668,756 | $7,591,185 |
Porchlight Inc Madison, WI | $20,932,700 | $8,054,019 |
La Casa Norte Chicago, IL | $17,596,315 | $9,177,000 |
Depaul Usa Inc Chicago, IL | $9,840,575 | $10,359,318 |
Home Of The Sparrow Inc McHenry, IL | $8,853,100 | $7,775,187 |