Civic Intelligence

Choose Chicago Foundation

990 • Fiscal year 2019 • EIN 45-4847768

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 14, 2020

Organization ProfileN/A
301 East Cermak RoadChicago, IL 60616

(312) 567-8500

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

66th percentile

0.12x

Higher debt load relative to assets than 66% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

86th percentile

0.50x

Higher debt load relative to revenue than 86% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

98th percentile

92%

Higher net margin than 98% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

99th percentile

$531,222

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 353.2% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

84th percentile

32%

Faster asset growth than 84% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

85th percentile

47%

Faster revenue growth than 85% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets66th percentile

Assets

Up

$651,554

Up $157,729 (+32%) from 2018

Net Assets

Up

$575,813

Up $138,309 (+32%) from 2018

Liabilities

Up

$75,741

Up $19,420 (+34%) from 2018

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin98th percentile

Revenue

Up

$150,411

Up $48,303 (+47%) from 2018

Expenses

Up

$12,102

Up $9,470 (+360%) from 2018

Net Income

Up

$138,309

Up $38,833 (+39%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth84th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0-$5.0MAssets 2012: $233,094Liabilities 2012: $249,919Net Assets 2012: -$16,8252012Assets 2013: $1,150Liabilities 2013: $20,297Net Assets 2013: -$19,1472013Assets 2014: $212,077Liabilities 2014: $239,647Net Assets 2014: -$27,5702014Assets 2015: $127,601Liabilities 2015: $51,200Net Assets 2015: $76,4012015Assets 2016: $283,060Liabilities 2016: $35Net Assets 2016: $283,0252016Assets 2017: $394,278Liabilities 2017: $56,250Net Assets 2017: $338,0282017Assets 2018: $493,825Liabilities 2018: $56,321Net Assets 2018: $437,5042018Assets 2019: $651,554Liabilities 2019: $75,741Net Assets 2019: $575,8132019Assets 2020: $668,538Liabilities 2020: $50,000Net Assets 2020: $618,5382020Assets 2021: $859,781Liabilities 2021: $100,035Net Assets 2021: $759,7462021Assets 2022: $625,943Liabilities 2022: $35Net Assets 2022: $625,9082022Assets 2023: $8,510,181Liabilities 2023: $210Net Assets 2023: $8,509,9712023Assets 2024: $782,051Liabilities 2024: $1,733Net Assets 2024: $780,3182024

Highlighted filing

2019

Assets$651,554
Liabilities$75,741
Net Assets$575,813
Open 2019 Filing

Operations Trend

Revenue Growth85th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$10M$0-$10MRevenue 2012: $350,000Expenses 2012: $366,825Net Income 2012: -$16,8252012Revenue 2013: $14,500Expenses 2013: $16,822Net Income 2013: -$2,3222013Revenue 2014: $181,978Expenses 2014: $190,401Net Income 2014: -$8,4232014Revenue 2015: $770,086Expenses 2015: $666,114Net Income 2015: $103,9722015Revenue 2016: $278,708Expenses 2016: $72,084Net Income 2016: $206,6242016Revenue 2017: $59,056Expenses 2017: $4,053Net Income 2017: $55,0032017Revenue 2018: $102,108Expenses 2018: $2,632Net Income 2018: $99,4762018Revenue 2019: $150,411Expenses 2019: $12,102Net Income 2019: $138,3092019Revenue 2020: $75,188Expenses 2020: $32,417Net Income 2020: $42,7712020Revenue 2021: $2,550,000Expenses 2021: $2,408,872Net Income 2021: $141,1282021Revenue 2022: $7,748Expenses 2022: $141,552Net Income 2022: -$133,8042022Revenue 2023: $8,093,782Expenses 2023: $209,719Net Income 2023: $7,884,0632023Revenue 2024: $9,234,883Expenses 2024: $16,964,535Net Income 2024: -$7,729,6522024

Highlighted filing

2019

Revenue$150,411
Expenses$12,102
Net Income$138,309
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 14, 2020
Return Version
2019v5.1
Gross Receipts
$195,204
Mission and Program Overview

Mission

The Choose Chicago Foundation accelerates the civic, cultural, and economic growth of Chicago through travel and tourism initiatives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$487,175$360,758▼ $126,417
Savings and Temporary Cash Investments$0$279,996▲ $279,996
Accounts Receivable$6,650$10,800▲ $4,150
Total Assets$493,825$651,554▲ $157,729
Liabilities
Deferred Revenue$56,250$75,000▲ $18,750
Accounts Payable and Accrued Expenses$71$741▲ $670
Total Liabilities$56,321$75,741▲ $19,420
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$437,504$575,813▲ $138,309
Total Net Assets Fund Balance$437,504$575,813▲ $138,309
Total Liabilities and Net Assets / Fund Balance$493,825$651,554▲ $157,729
Compensation and Service Providers
Top Officer Pay99th percentile

Board Members and Trustees

NameTitle
David WhitakerPresident and CEO
W James MeyerCFO
Marc AndersonCOO
Revenue and Support

Revenue Composition

Contributions and Grants
$149,295
Program Service Revenue
$0
Investment Income
$1,116
Other Revenue
$0
All Other Contributions
$88,262
Change in Net Assets
$138,309

Audited Revenue Reconciliation

Revenue per Audited Statements
$150,411
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$44,793
Total Revenue per Audited Statements
$195,204
Total Revenue per Form 990
$150,411
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$12,102
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$2,775-$2,775
Office Expenses-$2,506-$2,506
Fees for Services Legal-$1,410-$1,410
Other Expenses-$411-$411
Total Functional Expenses$0$12,102$0$12,102

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$56,895
Expenses Not Reported on Form 990$44,793
Expenses per Audited Statements$12,102
Total Expenses per Form 990$12,102
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$44,793
Fundraising Gross Income$44,793
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Chicago Classic Golf Outing$105,826$44,793$44,793$0
Total Events$105,826$44,793$44,793$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Choose chicago foundation is a subsidiary of chicago convention and tourism bureau, inc d/b/a choose chicago (an illinois 501(c)(6) exempt organization) in which the ceo of choose chicago foundation is also the ceo of choose chicago.”

Form 990, Part VI, Section B, Line 11B

“The organization provides a copy of form 990 to the members of the governing body, who review and discuss issues related to form 990. Any explanation is discussed with the independent auditors also and when it is in full compliance the tax returns are filed with the authorities.”

Form 990, Part VI, Section B, Line 12C

“The organization has a written conflict of interest policy. The employees and the govern in g body members are required to sign and acknowledge the policy. The organization monitors compliance and updates every year.”

Form 990, Part VI, Section C, Line 19

“The organization maintains a website to provide information to the public. The information about the organization and its governance is also provided to the public only upon request. The organization's form 990 is also available on guidestar's website and the illinois attorney general website.”

Filing and Contact Details

Filer

Filer Name
Choose Chicago Foundation
EIN
45-4847768
Phone
3125678500
Address
301 EAST CERMAK ROAD, CHICAGO, IL 60616

Signing Officer

Name
David Whitaker
Title
President and CEO
Phone
3125678500
Signed
2020-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Whitaker
Formed
2012
Legal Domicile
Il
Voting Board Members
2
Independent Board Members
0
Employees
0
Volunteers
30

Preparer

Firm
Mitchell & Titus Llp
Address
80 PINE STREET 32 FL, NEW YORK, NY 10005
Preparer
Frederick E Davis Jr
Phone
2127094500
Supplemental Narrative

Additional Explanations

Form 990 Part XII Line 2C

“The organization has not changed either its oversight process or selection process during the tax year.”

Financial Statement Notes

PART X, LINE 2:

“Choose chicago follows the accounting standards for contingencies in evaluating uncertain tax positions. The guidance prescribes recognition threshold principles for the financial statement recognition of tax positions taken or expected to be taken on a tax return that are not certain to be realized. There are no uncertain tax positions by choose chicago as of december 31, 2019 and 2018. Choose chicago's management believes that tax returns are no longer subject to review and examination by federal and state authorities for years prior to 2016.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“FUNDRAISING EXPENSES”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“FUNDRAISING EXPENSES”

Raw XML AppendixShowing 400 of 440 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt071
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0741
IRS990/AccountsReceivableGrp/BOYAmt06650
IRS990/AccountsReceivableGrp/EOYAmt010800
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE CHOOSE CHICAGO FOUNDATION ACCELERATES THE CIVIC, CULTURAL, AND ECONOMIC GROWTH OF CHICAGO THROUGH TRAVEL AND TOURISM INITIATIVES.
IRS990/AllOtherContributionsAmt088262
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0W JAMES MEYER
IRS990/BooksInCareOfDetail/PhoneNum03125678500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0301 CERMAK RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060616
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0487175
IRS990/CashNonInterestBearingGrp/EOYAmt0360758
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContriRptFundraisingEventAmt061033
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0149295
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01116
IRS990/CYOtherExpensesAmt012102
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0138309
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt012102
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0150411
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt056250
IRS990/DeferredRevenueGrp/EOYAmt075000
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0CHOOSE CHICAGO FOUNDATION SHOWCASES THE CITY OF CHICAGO AS A PREMIERE DESTINATION FOR DOMESTIC AND INTERNATIONAL VISITORS AND PROVIDES EXPOSURE TO THE CITY'S CULTURAL EVENTS AND THE PERFORMING, VISUAL, AND PUBLIC ARTS. THESE ACTIVITIES ARE INTENDED TO PROVIDE COMMUNITY IMPROVEMENT THROUGH THE ECONOMIC VITALITY OF CITY CULTURAL EVENTS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt00
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02775
IRS990/FeesForServicesAccountingGrp/TotalAmt02775
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01410
IRS990/FeesForServicesLegalGrp/TotalAmt01410
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.25
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt011712
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110946
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210394
IRS990/Form990PartVIISectionAGrp/PersonNm0DAVID WHITAKER
IRS990/Form990PartVIISectionAGrp/PersonNm1W JAMES MEYER
IRS990/Form990PartVIISectionAGrp/PersonNm2MARC ANDERSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0519510
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1221638
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2402479
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT AND CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt2COO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt061033
IRS990/FundraisingDirectExpensesAmt044793
IRS990/FundraisingGrossIncomeAmt044793
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt02
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0195204
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt01116
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01116
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE CHOOSE CHICAGO FOUNDATION ACCELERATES THE CIVIC, CULTURAL, AND ECONOMIC GROWTH OF CHICAGO THROUGH TRAVEL AND TOURISM INITIATIVES
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0437504
IRS990/NetAssetsOrFundBalancesEOYAmt0575813
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0437504
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0575813
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02506
IRS990/OfficeExpensesGrp/TotalAmt02506
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SPONSORSHIP
IRS990/OtherExpensesGrp/Desc1SUNDRY
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1411
IRS990/OtherExpensesGrp/TotalAmt05000
IRS990/OtherExpensesGrp/TotalAmt1411
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DAVID WHITAKER
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0102108
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt02632
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt099476
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt02632
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0102108
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0138309
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0279996
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0149295
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0145674
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt096350
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0245081
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0773416
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01409816
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01116
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01116
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.82870
IRS990ScheduleA/PublicSupportPY170Pct00.93330
IRS990ScheduleA/PublicSupportTotal170Amt01169285
IRS990ScheduleA/SubstantialContributorsTotAmt0240531
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0149295
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0145674
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt096350
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0245081
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0773416
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01409816
IRS990ScheduleA/TotalSupportAmt01410932
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt044793
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt012102
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt044793
IRS990ScheduleD/OtherRevenueAmt044793
IRS990ScheduleD/RevenueNotReportedAmt044793
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0150411
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CHOOSE CHICAGO FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THE GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THERE ARE NO UNCERTAIN TAX POSITIONS BY CHOOSE CHICAGO AS OF DECEMBER 31, 2019 AND 2018. CHOOSE CHICAGO'S MANAGEMENT BELIEVES THAT TAX RETURNS ARE NO LONGER SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES FOR YEARS PRIOR TO 2016.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt012102
IRS990ScheduleD/TotalRevenuePerForm990Amt0150411
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0195204
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt056895
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt061033
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt061033
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt044793
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CHICAGO CLASSIC GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0105826
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0105826
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt044793
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt044793
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt044793
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt044793
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt095041
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt297593
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0405469
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1221638
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2304886
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt08400
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt16314
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt25762
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt03312
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt14632
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt24632
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt019000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DAVID WHITAKER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1W JAMES MEYER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2MARC ANDERSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT AND CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2COO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0531222
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1232584
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2412873
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE CEO'S COMPENSATION, PAID BY THE CHICAGO CONVENTION AND TOURISM BUREAU, IS DETERMINED AS A PART OF HIS WRITTEN EMPLOYMENT AGREEMENT WHICH WAS REVIEWED BY THE BOARD'S EXECUTIVE COMMITTEE PRIOR TO EXECUTION.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CHOOSE CHICAGO FOUNDATION IS A SUBSIDIARY OF CHICAGO CONVENTION AND TOURISM BUREAU, INC D/B/A CHOOSE CHICAGO (AN ILLINOIS 501(C)(6) EXEMPT ORGANIZATION) IN WHICH THE CEO OF CHOOSE CHICAGO FOUNDATION IS ALSO THE CEO OF CHOOSE CHICAGO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION PROVIDES A COPY OF FORM 990 TO THE MEMBERS OF THE GOVERNING BODY, WHO REVIEW AND DISCUSS ISSUES RELATED TO FORM 990. ANY EXPLANATION IS DISCUSSED WITH THE INDEPENDENT AUDITORS ALSO AND WHEN IT IS IN FULL COMPLIANCE THE TAX RETURNS ARE FILED WITH THE AUTHORITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY. THE EMPLOYEES AND THE GOVERN IN G BODY MEMBERS ARE REQUIRED TO SIGN AND ACKNOWLEDGE THE POLICY. THE ORGANIZATION MONITORS COMPLIANCE AND UPDATES EVERY YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAINTAINS A WEBSITE TO PROVIDE INFORMATION TO THE PUBLIC. THE INFORMATION ABOUT THE ORGANIZATION AND ITS GOVERNANCE IS ALSO PROVIDED TO THE PUBLIC ONLY UPON REQUEST. THE ORGANIZATION'S FORM 990 IS ALSO AVAILABLE ON GUIDESTAR'S WEBSITE AND THE ILLINOIS ATTORNEY GENERAL WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 PART XII LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CHICAGO CONVENTION AND TOURISM BUREAU
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0362704879
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SEE PART VII
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0301 E CERMAK ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CHICAGO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd060616
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0TO ACCELERATE THE CIVIC, CULTURAL AND ECONOMIC GROWTH OF CHICAGO THROUGH TRAVEL AND TOURISM INITIATIVES.
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE R PART II COLUMN (B) - PRIMARY ACTIVITY
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0493825
IRS990/TotalAssetsEOYAmt0651554
IRS990/TotalAssetsGrp/BOYAmt0493825
IRS990/TotalAssetsGrp/EOYAmt0651554
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0149295
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt012102
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt012102
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt056321
IRS990/TotalLiabilitiesEOYAmt075741
IRS990/TotalLiabilitiesGrp/BOYAmt056321
IRS990/TotalLiabilitiesGrp/EOYAmt075741
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0437504
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0575813
IRS990/TotalOtherCompensationAmt033052
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01116
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0150411
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0493825
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0651554
IRS990/TotReportableCompRltdOrgAmt01143627
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0301 EAST CERMAK ROAD
IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$651,554
Liabilities
$75,741
Net assets
$575,813
Revenue
$150,411
Expenses
$12,102
Net income
$138,309
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.78$0.00$0.78$9.23$17.0$7.73
2023Detailed filing. Detailed filing data is available for this year.$8.51$0.00$8.51$8.09$0.21$7.88
2022Detailed filing. Detailed filing data is available for this year.$0.63$0.00$0.63$0.01$0.14$0.13
2021Detailed filing. Detailed filing data is available for this year.$0.86$0.10$0.76$2.55$2.41$0.14
2020Detailed filing. Detailed filing data is available for this year.$0.67$0.05$0.62$0.08$0.03$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.65$0.08$0.58$0.15$0.01$0.14
2018Detailed filing. Detailed filing data is available for this year.$0.49$0.06$0.44$0.10$0.00$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.39$0.06$0.34$0.06$0.00$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.28$0.28$0.07$0.21
2015Detailed filing. Detailed filing data is available for this year.$0.13$0.05$0.08$0.77$0.67$0.10
2014Summary only. Only limited summary data is available for this year.$0.21$0.24$0.03$0.18$0.19$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.00$0.02$0.02$0.01$0.02$0.00
2012Summary only. Only limited summary data is available for this year.$0.23$0.25$0.02$0.35$0.37$0.02