Chicago Farmers is located in Frankfort, IL. The organization was established in 1939. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago Farmers is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, Chicago Farmers generated $57.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.1%) each year. All expenses for the organization totaled $56.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (15.1%) per year over the past 6 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
2023
Describe the Organization's Program Activity:
Part 3
PROMOTE, FOSTER AND ENCOURAGE THE BUSINESS OF PRODUCING, HANDLING AND MARKETING AGRICULTURAL PRODUCTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kay Whitlock President | 2 | $0 | |
Ryan Tate Vice President | 2 | $0 | |
Judith Schneider Secretary | 2 | $0 | |
Roy L Mann Treasurer | 2 | $0 | |
Krishna Patel Administrator | 1 | $0 | |
Jenny Webb Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,600 |
| Total Program Service Revenue | $15,731 |
| Membership dues | $16,910 |
| Investment income | $68 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $57,309 |
| 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 | $36,191 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,341 |
| Other expenses | $19,007 |
| Total expenses | $56,539 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $148,041 |
| Other assets | $0 |
| Total assets | $149,301 |
| Total liabilities | $10,250 |
| Net assets or fund balances | $139,051 |