Chicago Democratic Socialists Of America
- Assets
- $111.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 11/1992
- Data as of
- 12/2022
- EIN
- 36-3552084
Organization Overview
Chicago Democratic Socialists Of America is located in Chicago, IL. The organization was established in 1992. According to its NTEE Classification (R03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago Democratic Socialists Of America 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, Chicago Democratic Socialists Of America generated $41.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $35.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Weishampel Co-Chair | 10 | $0 | |
Marcy Ford Secretary | 10 | $0 | |
Matthew Cason Treasurer | 10 | $0 | |
Sean Estelle Campaigns Coordinator | 10 | $0 | |
Keith Schnabel Communications Coordinator | 10 | $0 | |
Emily Mikhail Co-Chair | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,676 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | -$1,108 |
| Net Income from Gaming & Fundraising | -$8,719 |
| Other Revenue | $0 |
| Total Revenue | $41,849 |
| 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 | $488 |
| Occupancy, rent, utilities, and maintenance | $6,209 |
| Printing, publications, postage, and shipping | $15,830 |
| Other expenses | $8,297 |
| Total expenses | $35,268 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $107,114 |
| Other assets | $0 |
| Total assets | $111,436 |
| Total liabilities | $449 |
| Net assets or fund balances | $110,987 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Coalition To Prevent The Taxing Of Retirement Savings Inc Chicago, IL | $198,125 | $0 |
Kentucky Right To Life Association Inc Louisville, KY | $134,214 | $0 |
Chicago Democratic Socialists Of America Chicago, IL | $111,436 | $0 |
Edgar Fellows Geneseo, IL | $78,381 | $0 |
Illinois Congressional Debate Association Wonder Lake, IL | $14,049 | $0 |
Robotic Assisted Microsurgical & Endoscopic Society East Dundee, IL | $42,267 | $0 |
Forward Brown County Green Bay, WI | $250 | $0 |