Chicago Surface Finishing Foundation is located in Downers Grove, IL. The organization was established in 2014. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago Surface Finishing Foundation 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 03/2024, Chicago Surface Finishing Foundation generated $12.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $15.6k during the year ending 03/2024. While expenses have increased by 7.2% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION IS SET UP TO PROVIDE SCHOLARSHIPS TO STUDENTS THAT ARE INTERESTED IN THE SURFACE FINISHING INDUSTRY AND ASSOCIATED MANUFACTURING PRINCIPLES. THE FOUNDATION SUPPORTS RESEARCH AND DEVELOPMENT PROJECTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Stone Director | 2 | $0 | |
Brian Kane President | 2 | $0 | |
George Gatto Jr Vice President | 2 | $0 | |
Stacey Bales Secretary/treas | 2 | $0 | |
Will Picciotti Director | 2 | $0 | |
Mike Delawder Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,007 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,200 |
| Other Revenue | $0 |
| Total Revenue | $12,207 |
| 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 | $1,340 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,079 |
| Total expenses | $15,611 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $88,984 |
| Other assets | $0 |
| Total assets | $88,984 |
| Total liabilities | $0 |
| Net assets or fund balances | $88,984 |