The Junior League of Chicago Inc

“New members - the new member course offers wide exposure to various aspects of the league. The new member period is intended to provide an introduction to the league and facilitate the on-boarding of new members. New member counselors serve as guides and mentors throughout the course. Active members - after completing the new member course, the member is promoted to active status and can now hold leadership positions and holds full voting rights. Sustainer member - after an active member earns 200 points through the flex credit system, the member has the option to change their status to sustainer. Sustainers pay annual dues to maintain their league membership. They have no other required responsibilities and no voting privileges. Sustainers can and are encourged to participate in any and all aspects of the league.”

“The membership votes to elect the governing body at the annual meeting.”

“Certain board recommendations are subject to member approval. They include, but may not be limited to, bylaw changes, the strategic plan, significant program changes and the disposition of assets.”

“The finance committee performs a detailed review of the 990 and a copy of the form 990 is provided electronically to the board of directors prior to its filing.”

“The organization has a conflict of interest policy that is completed annualy by the board of directors and management. If members become aware of conflicts, such member may not participate in nor be present for any discussion, vote, or subsequent negotiations in connection with such proposed transaction without written approval by the executive committee.”

“The organization has no compensated officers or key employees.”

“The organization makes its bylaws, conflict of interest policy and financial statements available upon request.”

“The process has not changed from the previous year.”

“The organization receives donated time from its members. This donated time does not meet the criteria for financial statement recognition in conformity with accounting principles generally accepted in the united states, and therefore is not reflected in the accompanying financial statements. Management estimates that these volunteers contributed approximately 37,626 hours in 2025 and 43,026 in 2024. An approximate economic value for this volunteer time contributed for the state of illinois is $34.29 and $33.76 per hour using the most recent data released by the u.s. Bureau of labor statistics for 2025 and 2024, respectively. Applying this rate, the organization's community volunteer services would be valued at $1,290,196 for 2025 and $1,452,558 for 2024. Including the economic value of donated community services as part of program expenses would result in the calculation of program expenses as 81% and 80% of total organization expenses and support services as 19% and 20% for 2025 and 2024, respectively. Program services as a percentage of total organization expenses in the audited financial statements are 37% and 34%, for 2025 and 2024, respectively. Support services as a percentage of total organization expenses in the audited financial statements are 63% and 66% for 2025 and 2024, respectively.”