Chicago United Inc is located in Chicago, IL. The organization was established in 1974. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Chicago United Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago United Inc 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, Chicago United Inc generated $1.9m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2022. 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
TO ACHIEVE PARITY IN ECONOMIC OPPORTUNITY FOR PEOPLE OF COLOR BY ADVANCING MULTIRACIAL LEADERSHIP IN CORPORATE GOVERNANCE, EXPANDING THE TALENT PIPELINE FOR EXECUTIVE LEVEL MANAGEMENT, AND GROWING MINORITY BUSINESSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER PROGRAMSCHICAGO UNITED IS THE PREMIER THOUGHT LEADER IN ADVANCING INCLUSION. OUR SIGNATURE PROGRAMS, INITIATIVES AND RESEARCH PROVIDE THE TANGIBLE TOOLS COMPANIES NEED TO TRANSFORM CULTURE WITHIN THEIR ORGANIZATIONS. PEER TO PEER FORUMS BRING TOGETHER THOUGHT LEADERS TO DISCUSS BEST PRACTICES IN ADDRESSING ISSUES AND ACTIONS NEEDED TO DEVELOP, ADVANCE AND SUSTAIN AN INCLUSIVE CULTURE.
CORPORATE INCLUSION INSTITUTEA TALENT DEVELOPMENT PROGRAM THAT DRIVES BUSINESS PERFORMANCE THROUGH INCLUSION. DESIGNED IN 2019 TO ADDRESS CHALLENGES WITHIN THE MIDDLE MANAGEMENT PIPELINE, CII HELPS BUSINESSES HARNESS THE POWER OF INCLUSION AND PROMOTES CULTURAL TRANSFORMATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tiffany Hamel Johnson President & CEO | OfficerTrustee | 40 | $329,933 |
Gail Arrigo Senior VP Of Strategy & Operations | 40 | $168,287 | |
Doris Salomon VP Of Programs And | 40 | $149,195 | |
Pamela Graves VP Of Marketing An | 40 | $122,393 | |
Deborah Cortez Dir. Minority Busi | 40 | $119,383 | |
Andrea Senz Board Member | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Hilton Chicago Consulting | 12/30/19 | $208,857 |
Nationwide Trust Company Consulting | 12/30/19 | $110,966 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $139,500 |
Fundraising events | $656,975 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $241,049 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,037,524 |
Total Program Service Revenue | $865,037 |
Investment income | $33,989 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$82,467 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,855,633 |
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. | $523,268 |
Compensation of current officers, directors, key employees. | $80,535 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $662,953 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $67,316 |
Payroll taxes | $85,836 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $61,136 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $211,322 |
Advertising and promotion | $1,918 |
Office expenses | $45,428 |
Information technology | $75,200 |
Royalties | $0 |
Occupancy | $104,411 |
Travel | $3,299 |
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 | $24,094 |
Insurance | $8,444 |
All other expenses | $0 |
Total functional expenses | $1,893,552 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $841,907 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $251,049 |
Accounts receivable, net | $21,450 |
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 | $2,365 |
Net Land, buildings, and equipment | $455,735 |
Investments—publicly traded securities | $0 |
Investments—other securities | $983,242 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,555,748 |
Accounts payable and accrued expenses | $58,727 |
Grants payable | $0 |
Deferred revenue | $26,500 |
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 | $407,534 |
Total liabilities | $492,761 |
Net assets without donor restrictions | $1,925,938 |
Net assets with donor restrictions | $137,049 |
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 | $2,555,748 |