Civic Intelligence

Choose Chicago Foundation

990 • Fiscal year 2022 • EIN 45-4847768

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 10, 2023

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

31st percentile

0.00x

Higher debt load relative to assets than 31% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

38th percentile

0.00x

Higher debt load relative to revenue than 38% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

1st percentile

-1727%

Higher net margin than 1% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

98th percentile

$340,111

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 4389.7% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

7th percentile

-27%

Faster asset growth than 7% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Down

$625,943

Down $233,838 (-27%) from 2021

Net Assets

Down

$625,908

Down $133,838 (-18%) from 2021

Liabilities

Down

$35

Down $100,000 (-100%) from 2021

Revenue

Down

$7,748

Down $2,542,252 (-100%) from 2021

Expenses

Down

$141,552

Down $2,267,320 (-94%) from 2021

Net Income

Down

-$133,804

Down $274,932 (-195%) from 2021

Historical Trend

Balance Sheet Trend

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

2022

Assets$625,943
Liabilities$35
Net Assets$625,908

Operations Trend

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

2022

Revenue$7,748
Expenses$141,552
Net Income-$133,804
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 10, 2023
Return Version
2022v5.0
Gross Receipts
$7,748
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$576,785$333,066▼ $243,719
Savings and Temporary Cash Investments$282,996$290,604▲ $7,608
Prepaid Expenses and Deferred Charges-$2,273-
Total Assets$859,781$625,943▼ $233,838
Liabilities
Accounts Payable and Accrued Expenses$100,035$35▼ $100,000
Total Liabilities$100,035$35▼ $100,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$759,746$625,908▼ $133,838
Total Net Assets Fund Balance$759,746$625,908▼ $133,838
Total Liabilities and Net Assets / Fund Balance$859,781$625,943▼ $233,838
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Rosilynn StuttlyDirectorPT$120,173$120,173

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$7,748
Change in Net Assets
$-133,804
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$76,174
Grants and Similar Amounts Paid$65,378
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$65,378--$65,378
Fees for Services Legal-$26,250-$26,250
Conferences and Meetings-$2,379-$2,379
Insurance-$2,200-$2,200
Office Expenses-$1,224-$1,224
Other Expenses-$520-$520
Total Functional Expenses$65,378$76,174$0$141,552
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
South Shore Chamber of CommerceChicago, IL501c6Community Beautufication Efforts$48,000
Woodlawn Chamber of CommerceChicago, IL501c6Community Beautufication Efforts$12,000
Uptown UnitedChicago, IL501c3Community Beautufication Efforts$11,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$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
Address
301 EAST CERMAK ROAD, CHICAGO, IL 60616

Signing Officer

Name
James Meyer
Title
CFO
Signed
2023-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Meyer
Formed
2012
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Mitchell & Titus Llp
Address
80 PINE STREET, 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, 2021 and 2020. 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 2019.

Raw XML AppendixShowing 400 of 431 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/BOYAmt0100035
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt035
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE CHOOSE CHICAGO FOUNDATION ACCELERATES THE CIVIC, CULTURAL, AND ECONOMIC GROWTH OF CHICAGO THROUGH TRAVEL AND TOURISM INITIATIVES.
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/BOYAmt0576785
IRS990/CashNonInterestBearingGrp/EOYAmt0333066
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt02379
IRS990/ConferencesMeetingsGrp/TotalAmt02379
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt065378
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt076174
IRS990/CYOtherRevenueAmt07748
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-133804
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0141552
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt07748
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
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/ExpenseAmt065378
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt026250
IRS990/FeesForServicesLegalGrp/TotalAmt026250
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt225.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt215.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt022662
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt116708
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt29838
IRS990/Form990PartVIISectionAGrp/PersonNm0LYNN OSMOND
IRS990/Form990PartVIISectionAGrp/PersonNm1W JAMES MEYER
IRS990/Form990PartVIISectionAGrp/PersonNm2ROSILYNN STUTTLY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0317449
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1295797
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2110335
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt065378
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt065378
IRS990/GrantsToDomesticOrgsGrp/TotalAmt065378
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt07748
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02200
IRS990/InsuranceGrp/TotalAmt02200
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/NetAssetsOrFundBalancesBOYAmt0759746
IRS990/NetAssetsOrFundBalancesEOYAmt0625908
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0759746
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0625908
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01224
IRS990/OfficeExpensesGrp/TotalAmt01224
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SPONSORSHIP
IRS990/OtherExpensesGrp/Desc1SUNDRY
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt043000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1601
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2520
IRS990/OtherExpensesGrp/TotalAmt043000
IRS990/OtherExpensesGrp/TotalAmt1601
IRS990/OtherExpensesGrp/TotalAmt2520
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0ANNUAL MEETING FEE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt07748
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt07748
IRS990/OtherRevenueTotalAmt07748
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02273
IRS990/PrincipalOfficerNm0JAMES MEYER
IRS990/PriorPeriodAdjustmentsAmt0-34
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02550000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt02364338
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt044534
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0141128
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt02408872
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02550000
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-133804
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0282996
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0290604
IRS990ScheduleA/FactsAndCircumstancesTestTxt0CHOOSE CHICAGO FOUNDATION MAINTAINS A CONTINUOUS AND BONAFIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC AND LOCAL CORPORATE COMMUNITY. IN ADDITION, THE FOUNDATION HOLDS AN ANNUAL FUNDRAISING EVENT WHICH IS OPEN TO THE GENERAL PUBLIC, PAST DONORS AND PAST SCHOLARSHIP RECIPIENTS. (THE FIRST SUCH EVENT WAS HELD IN FALL OF 2023).CHOOSE CHICAGO FOUNDATION PROVIDES SCHOLARSHIPS TO ELIGIBLE STUDENTS IN DISADVANTAGED NEIGHBORHOODS WHO ARE PURSUING AN INTEREST IN THE HOSPITALITY INDUSTRY. THE FOUNDATION ALSO PROVIDES EDUCATIONAL OPPORTUNITIES TO MIDDLE SCHOOL AND HIGH SCHOOL STUDENTS TO INTRODUCE THEM TO THE HOSPITALITY INDUSTRY VIA SPONSORED FIELDTRIPS AND MEETINGS WITH HOSPITALITY PROFESSIONALS.
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02550000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt075000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0149295
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0145674
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02919969
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0188
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01116
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01304
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.08960
IRS990ScheduleA/PublicSupportPY170Pct00.11380
IRS990ScheduleA/PublicSupportTotal170Amt0261819
IRS990ScheduleA/SubstantialContributorsTotAmt02658150
IRS990ScheduleA/TenPctFactsCrcmstncsTestPYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02550000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt075000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0149295
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0145674
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02919969
IRS990ScheduleA/TotalSupportAmt02921273
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/FootnoteTextInd0X
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, 2021 AND 2020. 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 2019.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt048000
IRS990ScheduleI/RecipientTable/CashGrantAmt112000
IRS990ScheduleI/RecipientTable/CashGrantAmt211000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C6
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501C6
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501C3
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0COMMUNITY BEAUTUFICATION EFFORTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1COMMUNITY BEAUTUFICATION EFFORTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2COMMUNITY BEAUTUFICATION EFFORTS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SOUTH SHORE CHAMBER OF COMMERCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1WOODLAWN CHAMBER OF COMMERCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2UPTOWN UNITED
IRS990ScheduleI/RecipientTable/RecipientEIN0364265009
IRS990ScheduleI/RecipientTable/RecipientEIN1471382082
IRS990ScheduleI/RecipientTable/RecipientEIN2364028056
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01750 E 71ST STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt16429 S KING DR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt24619 N BROADWAY
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CHICAGO
IRS990ScheduleI/RecipientTable/USAddress/CityNm1CHICAGO
IRS990ScheduleI/RecipientTable/USAddress/CityNm2CHICAGO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd060649
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd160637
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd260640
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0CASH
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc1CASH
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc2CASH
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE RECEIPIENT ORGANIZATIONS ARE REQUIRED TO A) SUBMIT TO GRANTOR A REPORT WITHIN 120 DAYS OF THE EFFECTIVE DATE DETAILING THE PROJECT AND ANALYZING THE IMPACT OF THE PROJECT. B) GRANTEE SHALL ALSO SUBMIT SUCH OTHER REPORTS OR INFORMATION GRANTOR MAY REQUIRE TIME TO TIME REQUIRE. C) GRANTEE SHALL MAINTAIN ALL RECORDS RELLATION TO THE PROJECT AND THE EXPENDITURE OF GRANT FUNDS FOR THREE YEARS FOLLOWING THE EFFECTIVE DATE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, SCHEDULE I DESCRIPTION OF ORGANIZATION'S PROCEDURES FOR MONITORIN
IRS990ScheduleI/TotalOtherOrgCnt03
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0317449
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1295797
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt013360
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt09302
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt116708
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0LYNN OSMOND
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1W JAMES MEYER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0340111
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1312505
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/TransactionsRelatedOrgGrp/InvolvedAmt05977
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1100584
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ALLOCATION OF COSTS
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1ALLOCATION OF COSTS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0CHICAGO CONVENTION AND TOURISM BUREAU
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1CHICAGO CONVENTION AND TOURISM BUREAU
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0N
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1O
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/TotalAssetsBOYAmt0859781
IRS990/TotalAssetsEOYAmt0625943
IRS990/TotalAssetsGrp/BOYAmt0859781
IRS990/TotalAssetsGrp/EOYAmt0625943
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt076174
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt065378
IRS990/TotalFunctionalExpensesGrp/TotalAmt0141552
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0100035
IRS990/TotalLiabilitiesEOYAmt035
IRS990/TotalLiabilitiesGrp/BOYAmt0100035
IRS990/TotalLiabilitiesGrp/EOYAmt035
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0759746
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0625908
IRS990/TotalOtherCompensationAmt049208
IRS990/TotalProgramServiceExpensesAmt065378
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt07748
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt07748
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0859781
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0625943
IRS990/TotReportableCompRltdOrgAmt0723581
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0301 EAST CERMAK ROAD
IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060616
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings