Chicago Veterans Economic Development Council
- Assets
- $9.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Forest Park, IL
- Founding
- 07/1987
- Data as of
- 12/2021
- EIN
- 36-3496204
Organization Overview
Chicago Veterans Economic Development Council is located in Forest Park, IL. The organization was established in 1987. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago Veterans Economic Development Council 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, Chicago Veterans Economic Development Council generated $7.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (23.6%) each year. All expenses for the organization totaled $8.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (22.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE FOOD AND CLOTHING TO HOMELESS WAR VETERANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barry Romo Director | 1 | $0 | |
Mike Devlin President | 1 | $0 | |
William Branson Secretary | 1 | $0 | |
Jeanne A Douglas PHD Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,479 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,105 |
| Other Revenue | $0 |
| Total Revenue | $7,584 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $525 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,587 |
| Total expenses | $8,112 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,369 |
| Other assets | $0 |
| Total assets | $9,369 |
| Total liabilities | $0 |
| Net assets or fund balances | $9,369 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Chicago Veterans Economic Development Council has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $10,000 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Legion Auxiliary Indianapolis, IN | $53,756,323 | $11,649,453 |
Veterans Of Foreign Wars Of The United States Auxillary Kansas City, MO | $115,995,007 | $13,500,016 |
Veterans Community Project Kansas City, MO | $14,262,405 | $11,060,934 |
American Legion Auxiliary Bowling Green, KY | $99,496 | $4,500,725 |
Disabled American Veterans Paid Time Off Plan And Tr Erlanger, KY | $4,127,164 | $2,957,196 |
American Legion Indianapolis, IN | $6,888,018 | $3,332,697 |
Amvets Springfield, IL | $604,546 | $3,188,714 |
American Legion Portage, WI | $4,372,734 | $2,507,173 |
Welcome Home Inc Columbia, MO | $4,815,089 | $2,743,236 |
American Legion Bloomington, IL | $4,519,203 | $2,240,833 |
Veterans Of Foreign Wars Of The Us Dept Of Kentucky Vine Grove, KY | $282,308 | $1,502,516 |
Operation Support Our Troops - America Inc Naperville, IL | $995,272 | $1,019,373 |