CHICAGOLAND ENTREPRENEURIAL CENTER Charity Report

Public IRS 990 nonprofit record

CHICAGOLAND ENTREPRENEURIAL CENTER

EIN 20-8411320 · Chambers of Commerce & Business Leagues (S41)

What they do

THE CENTER PROMOTES and GROWS CHICAGOS ENTREPRENEURIAL COMMUNITY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $72.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders52 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

84.19%of revenue went to mission work72.1% of expenses · Program services

10.48%of revenue went to fundraising9.0% of expenses

$116.78spent for every $100 of revenueSpending was higher than revenue this year.

22.73%of revenue went to management and office costs19.5% of expenses

$0.50in assets for every $1 spent this yearSome assets cannot be spent right away.

32.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $731,127 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$4,357,988

Mission workProgram services$3,668,87984.19% of revenue72.1% of expenses

ManagementOffice and general costs$990,73122.73% of revenue19.5% of expenses

FundraisingAsking for donations$456,50610.48% of revenue9.0% of expenses

Total expenses$5,089,115116.78% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 72.1% mission · 19.5% management · 9.0% fundraisingTotal expenses: 116.78% of revenue

2023Expense mix: 80.8% mission · 16.4% management · 2.8% fundraisingTotal expenses: 160.16% of revenue

2022Expense mix: 82.1% mission · 14.9% management · 3.0% fundraisingTotal expenses: 152.11% of revenue

2021Expense mix: 79.7% mission · 16.9% management · 3.3% fundraisingTotal expenses: 112.03% of revenue

2020Expense mix: 80.3% mission · 17.1% management · 2.6% fundraisingTotal expenses: 116.71% of revenue

2019Expense mix: 89.7% mission · 9.7% management · 0.6% fundraisingTotal expenses: 110.23% of revenue

2018Expense mix: 89.5% mission · 9.9% management · 0.6% fundraisingTotal expenses: 112.74% of revenue

2017Expense mix: 87.8% mission · 10.7% management · 1.5% fundraisingTotal expenses: 114.93% of revenue

Money in and money out

Revenue$4,357,988

Expenses$5,089,115

Annual shortfall $731,127 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$3,668,879 · 72.1% of expenses

Management and office costs$990,731 · 19.5% of expenses

Fundraising$456,506 · 9.0% of expenses

See all reported dollar amounts

Revenue$4,357,988

Expenses$5,089,115

Assets$2,528,656

Income$4,584,415

Contributions$1,422,186

Mission work (program services)$3,668,879

Fundraising$456,506

Grants given$10,000

Average grant$5,000

Management and general$990,731

Executive compensation (total)$395,588

Accounting fees$57,414

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (52)

SAM YAGANBOARD MEMBER

LINDA DARRAGHBOARD MEMBER

LINDA RAYBOARD MEMBER

MARC SHIFFMANBOARD MEMBER

MARK LAWRENCEBOARD MEMBER

MATT RENNERBOARD MEMBER

MAURA OHARABOARD MEMBER

MICHAEL MCMURRAYBOARD MEMBER

MICHAEL D LYMANBOARD TREASURER

NEAL SALES-GRIFFINBOARD MEMBER

RANDY NORNESVICE PRESIDENT

ROB MATLESBOARD MEMBER

ROWAN RICHARDSBOARD MEMBER

LESLIE ANDERSONBOARD MEMBER

SARA STARBOARD MEMBER

SCOTT HOLLOWAYBOARD MEMBER

SCOTT SWANSONBOARD MEMBER

SEAN MCCARTHYBOARD MEMBER

SONIA NAGARBOARD MEMBER

STAN CHIABOARD MEMBER

STARR MACELLOBOARD MEMBER

SUZANNE MUCHINBOARD MEMBER

TED SOUDERBOARD SECRETARY

TROY HENIKOFFBOARD MEMBER

TYLER PRINCEBOARD MEMBER

VENKAT ATLURIBOARD MEMBER

JIM OCONNOR JRCHAIR EMERITUS

ANDY KOFOIDBOARD MEMBER

BRENNA BERMANBOARD MEMBER

BROOKE SCHULTZBOARD MEMBER

CASS BAKERBOARD MEMBER

DAVE TOLMIEBOARD MEMBER

DEAN DEBIASEBOARD MEMBER

DORRI MCWHORTERBOARD MEMBER

DR GARRY COOPERBOARD MEMBER

ELIZABETH A ZIEGLERCEO

JAI SHEKHAWATBOARD MEMBER

JEREMIE BACONBOARD MEMBER

JIM DUGANBOARD MEMBER

AMANDA LANNERTBOARD MEMBER

JOE SHENTONBOARD MEMBER

JOHN HOWARDBOARD MEMBER

JULIA KANOUSEBOARD MEMBER

JULIE ROTH NOVACKBOARD MEMBER

KAILI EMMRICHBOARD MEMBER

KEITH TONEYBOARD MEMBER

KEVIN WILLERBOARD MEMBER

KRISTI ROSSBOARD MEMBER

LARRY EPPLEYBOARD CHAIR

LAURA FERRIS ANDERSONBOARD MEMBER

LAURIE BAUERBOARD MEMBER

LEE ROSENBERGBOARD MEMBER

About this charity

Recognized since: January 2007
Location: 2045 W GRAND AVE STE B PMB 638419, CHICAGO, IL 60612-1577
County: Cook
In care of: LARRY EPPLEY
Primary officer: LARRY EPPLEY, BOARD CHAIR

How to reach them

EmailZulauf@mccullough.comEmail Phone(312) 239-0310 Officer phone(312) 499-6300

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
NTEE classification: Chambers of Commerce & Business Leagues (S41)
IRS tax category: Chambers of Commerce & Business Leagues
Grant-giving organization: Yes