Civic Intelligence

Illinois Science and Energy Innovation Foundation

990 • Fiscal year 2014 • EIN 45-5087827

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 05, 2015

Organization ProfileWWW.ENERGYFOUNDRY.COM
18 S Michigan Ave 12th FloorChicago, IL 60603

(312) 239-6546

Siviq Scores

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

Liabilities / Assets

41st percentile

0.10x

Higher debt load relative to assets than 41% of similar nonprofits.

2014 filings • $25M-$50M nonprofits • Source year 2014

Liabilities / Revenue

66th percentile

0.58x

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

2014 filings • $25M-$50M nonprofits • Source year 2014

Net Margin

11th percentile

-18%

Higher net margin than 11% of similar nonprofits.

2014 filings • $25M-$50M nonprofits • Source year 2014

Top Officer Pay

53rd percentile

$217,843

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 3.8% of source-year revenue.

2014 filings • $25M-$50M nonprofits • Source year 2014

Asset Growth

25th percentile

-1.0%

Faster asset growth than 25% of similar nonprofits.

2014 filings • $25M-$50M nonprofits • Annualized from 2013 to 2014

Revenue Growth

46th percentile

3.2%

Faster revenue growth than 46% of similar nonprofits.

2014 filings • $25M-$50M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets41st percentile

Assets

Down

$32,152,914

Down $339,928 (-1.0%) from 2013

Net Assets

Down

$28,880,968

Down $515,092 (-1.8%) from 2013

Liabilities

Up

$3,271,946

Up $175,164 (+5.7%) from 2013

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin11th percentile

Revenue

Up

$5,671,304

Up $177,683 (+3.2%) from 2013

Expenses

Up

$6,718,299

Up $2,834,476 (+73%) from 2013

Net Income

Down

-$1,046,995

Down $2,656,793 (-165%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

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

$40M$30M$20M$10M$0Assets 2012: $27,315,806Liabilities 2012: $25,497Net Assets 2012: $27,290,3092012Assets 2013: $32,492,842Liabilities 2013: $3,096,782Net Assets 2013: $29,396,0602013Assets 2014: $32,152,914Liabilities 2014: $3,271,946Net Assets 2014: $28,880,9682014Assets 2015: $31,315,665Liabilities 2015: $3,276,589Net Assets 2015: $28,039,0762015Assets 2016: $31,061,098Liabilities 2016: $3,342,177Net Assets 2016: $27,718,9212016Assets 2017: $32,258,186Liabilities 2017: $3,166,057Net Assets 2017: $29,092,1292017Assets 2018: $30,369,336Liabilities 2018: $3,097,242Net Assets 2018: $27,272,0942018Assets 2019: $31,344,605Liabilities 2019: $3,407,309Net Assets 2019: $27,937,2962019Assets 2020: $31,540,481Liabilities 2020: $2,697,080Net Assets 2020: $28,843,4012020Assets 2021: $33,001,510Liabilities 2021: $2,685,338Net Assets 2021: $30,316,1722021Assets 2022: $25,824,356Liabilities 2022: $460,937Net Assets 2022: $25,363,4192022Assets 2024: $25,693,762Liabilities 2024: $33,080Net Assets 2024: $25,660,6822024

Highlighted filing

2014

Assets$32,152,914
Liabilities$3,271,946
Net Assets$28,880,968
Open 2014 Filing

Operations Trend

Revenue Growth46th percentile

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

$30M$20M$10M$0-$10MRevenue 2012: $27,586,039Expenses 2012: $310,095Net Income 2012: $27,275,9442012Revenue 2013: $5,493,621Expenses 2013: $3,883,823Net Income 2013: $1,609,7982013Revenue 2014: $5,671,304Expenses 2014: $6,718,299Net Income 2014: -$1,046,9952014Revenue 2015: $5,958,076Expenses 2015: $6,030,309Net Income 2015: -$72,2332015Revenue 2016: $5,270,952Expenses 2016: $6,741,771Net Income 2016: -$1,470,8192016Revenue 2017: $7,121,820Expenses 2017: $5,748,612Net Income 2017: $1,373,2082017Revenue 2018: $3,823,324Expenses 2018: $5,643,359Net Income 2018: -$1,820,0352018Revenue 2019: $6,678,751Expenses 2019: $6,013,549Net Income 2019: $665,2022019Revenue 2020: $5,971,533Expenses 2020: $5,065,428Net Income 2020: $906,1052020Revenue 2021: $7,398,728Expenses 2021: $5,925,957Net Income 2021: $1,472,7712021Revenue 2022: -$969,566Expenses 2022: $3,983,187Net Income 2022: -$4,952,7532022Revenue 2024: $420,382Expenses 2024: $123,646Net Income 2024: $296,7362024

Highlighted filing

2014

Revenue$5,671,304
Expenses$6,718,299
Net Income-$1,046,995
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 5, 2015
Return Version
2014v5.0
Gross Receipts
$5,671,304
Mission and Program Overview

Mission

To support social welfare and economic development by providing financial and technical support for energy concepts and to provide consumer education regarding smart meters and related technologies and services.

To support social welfare and economic development through promotion of smart grid energy concepts and to provide consumer education about the latest technologies in energy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$14,011,883$18,631,581▲ $4,619,698
Savings and Temporary Cash Investments$12,654,216$6,502,001▼ $6,152,215
Cash and Non-Interest-Bearing Accounts$5,050,316$5,126,932▲ $76,616
Investments Other Securities$652,988$1,715,906▲ $1,062,918
Other Notes and Loans Receivable, Net$90,890$147,520▲ $56,630
Land, Buildings, and Equipment, Net$11,399$14,324▲ $2,925
Prepaid Expenses and Deferred Charges$8,650$3,650▼ $5,000
Accounts Receivable$2,500$1,000▼ $1,500
Total Assets$32,492,842$32,152,914▼ $339,928
Other Assets Total$10,000$10,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$3,096,782$3,271,946▲ $175,164
Total Liabilities$3,096,782$3,271,946▲ $175,164
Net Assets / Fund Balance
Unrestricted Net Assets$29,396,060$28,880,968▼ $515,092
Total Net Assets Fund Balance$29,396,060$28,880,968▼ $515,092
Total Liabilities and Net Assets / Fund Balance$32,492,842$32,152,914▼ $339,928

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$14,324$7,919$22,243
Closely Held Equity Interests$1,715,906--
Compensation and Service Providers
Top Officer Pay53rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jason BlumbergExecutive DiFT$193,114$24,729$217,843
Jason BlumbergExecutive Director-$193,114$24,729$217,843

Board Members and Trustees

NameTitle
Brendan ReillyDirector
Jonathan FeipelDirector
Kristin MunschDirector
Mark HarrisDirector
Mark LaufenburgDirector
Mark PetersDirector
Michael CornicelliDirector
Sharon HillmanDirector
Val JensonDirector
Robert GreenleeSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$5,165,695
Program Service Revenue
$0
Investment Income
$505,609
Other Revenue
$0
All Other Contributions
$5,165,695
Change in Net Assets
$-1,046,995

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,671,304
Total Revenue per Audited Statements
$5,671,304
Total Revenue per Form 990
$5,671,304
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$5,789,545
Salaries, Compensation, and Employee Benefits$649,520
Other Expenses$279,234
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$5,789,545--$5,789,545
Other Salaries and Wages$352,987$3,566-$356,553
Current Officers, Directors, Trustees, and Key Employees$191,183$1,931-$193,114
Fees for Service Investment Mgmnt Fees$80,414$812-$81,226
Other Employee Benefits$60,867$616-$61,483
Occupancy$37,230$6,570-$43,800
Office Expenses$40,066$1,549-$41,615
Advertising$39,689--$39,689
Payroll Taxes$37,986$384-$38,370
Fees for Services Accounting$17,131$9,224-$26,355
Travel$20,977$428-$21,405
Fees for Services Other$10,507$1,167-$11,674
Depreciation Depletion$4,090$1,324-$5,414
Insurance$3,062$1,021-$4,083
Fees for Services Legal$3,576$397-$3,973
Total Functional Expenses$6,689,310$28,989$0$6,718,299

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,718,299
Total Expenses per Audited Statements$6,718,299
Total Expenses per Form 990$6,718,299
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Accrued Grants to Be Disb in 2015---$3,217,173
Galvin CenterChicago, ILC3-$485,000
Elevate EnergyChicago, ILC3-$450,000
Citizens Utility BoardChicago, ILC3-$377,680
Delta InstituteChicago, ILC3-$362,500
Illinois Science and Technology CoaChicago, ILC3-$237,300
Illinois State UniversityNormal, ILC3-$215,000
The Kindling GroupChicago, ILC3-$214,892
Shedd AquariumChicago, ILC3-$185,000
ArcheworksChicago, ILC3-$45,000
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“After preparation the return is then reviewed by the organizations attorneys and executive director. The return is then distributed to the board for review.”

Form 990, Page 6, Part VI, Line 12C

“Conflict of interest policy is signed by the board of directors, officers and employees and retained by the organization. Policy specifically states actions required to conform with the policy and required disclosures.”

Form 990, Page 6, Part VI, Line 15A

“Compensation is reviewed annually by the board. Research of similar qualified individuals and positions in other organizations is performed and documented. The board then independently approves the compensation package.”

Form 990, Page 6, Part VI, Line 15B

“Annual performance evaluations are performed by the executive director.”

Form 990, Page 6, Part VI, Line 19

“Documents are avaialble upon request”

Filing and Contact Details

Filer

Filer Name
Illinois Science and Energy
EIN
45-5087827
Phone
3122396546
Address
18 S MICHIGAN AVE 12TH FLOOR, CHICAGO, IL 60603
Doing Business As
Energy Foundry

Signing Officer

Name
Jason Blumberg
Title
Executive Director
Phone
3122396546
Signed
2015-11-05

Organization Details

Principal Officer
Jason Blumberg
Formed
2012
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
5

Preparer

Firm
Vanhoeven & Vanhoeven
Address
2750 PINNACLE DR, ELGIN, IL 60124-7943
Preparer
R Matthew Vanhoeven
Phone
8478410510
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Promoting smart grid energy concepts and education about the latest energy technologies.”

Raw XML AppendixShowing 400 of 515 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03096782
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03271946
IRS990/AccountsReceivableGrp/BOYAmt02500
IRS990/AccountsReceivableGrp/EOYAmt01000
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO SUPPORT SOCIAL WELFARE AND ECONOMIC DEVELOPMENT THROUGH PROMOTION OF SMART GRID ENERGY CONCEPTS AND TO PROVIDE CONSUMER EDUCATION ABOUT THE LATEST TECHNOLOGIES IN ENERGY.
IRS990/AdvertisingGrp/ProgramServicesAmt039689
IRS990/AdvertisingGrp/TotalAmt039689
IRS990/AllOtherContributionsAmt05165695
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ILLINOIS SCIENCE AND ENERGY INNOVAT
IRS990/BooksInCareOfDetail/PhoneNum03122396546
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0222 MERCHANDISE MART STE 1212
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060654
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt05050316
IRS990/CashNonInterestBearingGrp/EOYAmt05126932
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt01931
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0191183
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0193114
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt05165695
IRS990/CYGrantsAndSimilarPaidAmt05789545
IRS990/CYInvestmentIncomeAmt0505609
IRS990/CYOtherExpensesAmt0279234
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-1046995
IRS990/CYSalariesCompEmpBnftPaidAmt0649520
IRS990/CYTotalExpensesAmt06718299
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05671304
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01324
IRS990/DepreciationDepletionGrp/ProgramServicesAmt04090
IRS990/DepreciationDepletionGrp/TotalAmt05414
IRS990/Desc0PRUSUANT TO CHAPTER 220, SECTION 5/16-180.7(D) OF THE PUBLIC UTILITIES ACT OF ILLINOIS COMPILED STATUTES, THE FOUNDATION RECEIVED 22,500,000 FROM TWO ILLINOIS UTILITY CORPORATIONS. THE FUNDS WERE AND WILL BE EXPENDED ON PROMOTING SMART GRID ENERGY CONCEPTS AND EDUCATION ABOUT THE LATEST ENERGY TECHNOLOGIES.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0ENERGY FOUNDRY
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0702499
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09224
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt017131
IRS990/FeesForServicesAccountingGrp/TotalAmt026355
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0397
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt03576
IRS990/FeesForServicesLegalGrp/TotalAmt03973
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01167
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt010507
IRS990/FeesForServicesOtherGrp/TotalAmt011674
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt0812
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt080414
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt081226
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt948.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt103.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt924729
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL CORNICELLI
IRS990/Form990PartVIISectionAGrp/PersonNm1JONATHAN FEIPEL
IRS990/Form990PartVIISectionAGrp/PersonNm2MARK HARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm3SHARON HILLMAN
IRS990/Form990PartVIISectionAGrp/PersonNm4VAL JENSON
IRS990/Form990PartVIISectionAGrp/PersonNm5MARK LAUFENBURG
IRS990/Form990PartVIISectionAGrp/PersonNm6KRISTIN MUNSCH
IRS990/Form990PartVIISectionAGrp/PersonNm7MARK PETERS
IRS990/Form990PartVIISectionAGrp/PersonNm8BRENDAN REILLY
IRS990/Form990PartVIISectionAGrp/PersonNm9JASON BLUMBERG
IRS990/Form990PartVIISectionAGrp/PersonNm10ROBERT GREENLEE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9193114
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt10SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0119370
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt05789545
IRS990/GrantsToDomesticOrgsGrp/TotalAmt05789545
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0119370
IRS990/GrossReceiptsAmt05671304
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01021
IRS990/InsuranceGrp/ProgramServicesAmt03062
IRS990/InsuranceGrp/TotalAmt04083
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0386239
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0386239
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0652988
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01715906
IRS990/InvestmentsPubTradedSecGrp/BOYAmt014011883
IRS990/InvestmentsPubTradedSecGrp/EOYAmt018631581
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07919
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011399
IRS990/LandBldgEquipBasisNetGrp/EOYAmt014324
IRS990/LandBldgEquipCostOrOtherBssAmt022243
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO SUPPORT SOCIAL WELFARE AND ECONOMIC DEVELOPMENT THROUGH PROMOTION OF SMART GRID ENERGY CONCEPTS AND TO PROVIDE CONSUMER EDUCATION ABOUT THE LATEST TECHNOLOGIES IN ENERGY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt029396060
IRS990/NetAssetsOrFundBalancesEOYAmt028880968
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0119370
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0119370
IRS990/NetUnrlzdGainsLossesInvstAmt0531903
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt06570
IRS990/OccupancyGrp/ProgramServicesAmt037230
IRS990/OccupancyGrp/TotalAmt043800
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01549
IRS990/OfficeExpensesGrp/ProgramServicesAmt040066
IRS990/OfficeExpensesGrp/TotalAmt041615
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt010000
IRS990/OtherAssetsTotalGrp/EOYAmt010000
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0616
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt060867
IRS990/OtherEmployeeBenefitsGrp/TotalAmt061483
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt03566
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0352987
IRS990/OtherSalariesAndWagesGrp/TotalAmt0356553
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt090890
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0147520
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0384
IRS990/PayrollTaxesGrp/ProgramServicesAmt037986
IRS990/PayrollTaxesGrp/TotalAmt038370
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08650
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03650
IRS990/PrincipalOfficerNm0JASON BLUMBERG
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0SECTION 5/16-180.6(F) PROVIDES FOR ADDITIONAL FUNDING FROM THE TWO UTILITY CORPORATIONS OF 5,000,000 PER YEAR BEGINNING IN 2012 AND CONTINUING FOR TEN YEARS. THE FUNDS WILL BE USED TO PROVIDE CONSUMER EDUCATION REGARDING SMART METERS AND RELATED TECHNOLOGIES AND SERVICES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt05791538
IRS990/ProgSrvcAccomActy2Grp/GrantAmt05789545
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROMOTING SMART GRID ENERGY CONCEPTS AND EDUCATION ABOUT THE LATEST ENERGY TECHNOLOGIES.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0195273
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt05151000
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt03053147
IRS990/PYInvestmentIncomeAmt0342621
IRS990/PYOtherExpensesAmt0237406
IRS990/PYRevenuesLessExpensesAmt01609798
IRS990/PYSalariesCompEmpBnftPaidAmt0593270
IRS990/PYTotalExpensesAmt03883823
IRS990/PYTotalRevenueAmt05493621
IRS990/ReconcilationRevenueExpnssAmt0-1046995
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt012654216
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06502001
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt01715906
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/MethodValuationCd0C
IRS990ScheduleD/ExpensesSubtotalAmt06718299
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt014324
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07919
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt022243
IRS990ScheduleD/RevenueSubtotalAmt05671304
IRS990ScheduleD/TotalBookValueLandBuildingsAmt014324
IRS990ScheduleD/TotalBookValueSecuritiesAmt01715906
IRS990ScheduleD/TotalExpensesPerForm990Amt06718299
IRS990ScheduleD/TotalRevenuePerForm990Amt05671304
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05671304
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06718299
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0377680
IRS990ScheduleI/RecipientTable/CashGrantAmt1485000
IRS990ScheduleI/RecipientTable/CashGrantAmt2215000
IRS990ScheduleI/RecipientTable/CashGrantAmt345000
IRS990ScheduleI/RecipientTable/CashGrantAmt4185000
IRS990ScheduleI/RecipientTable/CashGrantAmt5214892
IRS990ScheduleI/RecipientTable/CashGrantAmt6362500
IRS990ScheduleI/RecipientTable/CashGrantAmt7450000
IRS990ScheduleI/RecipientTable/CashGrantAmt8237300
IRS990ScheduleI/RecipientTable/CashGrantAmt93217173
IRS990ScheduleI/RecipientTable/IRCSectionDesc0C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc2C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc3C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc4C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc5C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc6C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc7C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc8C3
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CITIZENS UTILITY BOARD
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1GALVIN CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2ILLINOIS STATE UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3ARCHEWORKS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4SHEDD AQUARIUM
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5THE KINDLING GROUP
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6DELTA INSTITUTE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7ELEVATE ENERGY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8ILLINOIS SCIENCE AND TECHNOLOGY COA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9ACCRUED GRANTS TO BE DISB IN 2015
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine2Txt0ILLINOIS INSTITUTE OF TECHNOLOGY
IRS990ScheduleI/RecipientTable/RecipientEIN0204904719
IRS990ScheduleI/RecipientTable/RecipientEIN1362170136
IRS990ScheduleI/RecipientTable/RecipientEIN2376014070
IRS990ScheduleI/RecipientTable/RecipientEIN3363912263
IRS990ScheduleI/RecipientTable/RecipientEIN4362167918
IRS990ScheduleI/RecipientTable/RecipientEIN5364478085
IRS990ScheduleI/RecipientTable/RecipientEIN6364210191
IRS990ScheduleI/RecipientTable/RecipientEIN7364443093
IRS990ScheduleI/RecipientTable/RecipientEIN8352334171
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0309 W WASHINGTON ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt110 W 35TH ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2CAMPUS BOX 3040
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3625 N KINGSBURY
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt41200 S LAKESHORE DR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt51222 W WILSON AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt635 E WACKER DR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt7322 S GREEN ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt8222 MERCHANDISE MART
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt0SUITE 800
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt1SUITE 1600
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt2UNIT 2
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt3SUITE 1200
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt4SUITE 300
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt5SUITE 1212
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CHICAGO
IRS990ScheduleI/RecipientTable/USAddress/CityNm1CHICAGO
IRS990ScheduleI/RecipientTable/USAddress/CityNm2NORMAL
IRS990ScheduleI/RecipientTable/USAddress/CityNm3CHICAGO
IRS990ScheduleI/RecipientTable/USAddress/CityNm4CHICAGO
IRS990ScheduleI/RecipientTable/USAddress/CityNm5CHICAGO
IRS990ScheduleI/RecipientTable/USAddress/CityNm6CHICAGO
IRS990ScheduleI/RecipientTable/USAddress/CityNm7CHICAGO
IRS990ScheduleI/RecipientTable/USAddress/CityNm8CHICAGO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd8IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd060606
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd160616
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd261790
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd360654
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd460605
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd560640
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd660601
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd760607
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd860654
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0193114
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt024729
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JASON BLUMBERG
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0217843
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROMOTING SMART GRID ENERGY CONCEPTS AND EDUCATION ABOUT THE LATEST ENERGY TECHNOLOGIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AFTER PREPARATION THE RETURN IS THEN REVIEWED BY THE ORGANIZATIONS ATTORNEYS AND EXECUTIVE DIRECTOR. THE RETURN IS THEN DISTRIBUTED TO THE BOARD FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICT OF INTEREST POLICY IS SIGNED BY THE BOARD OF DIRECTORS, OFFICERS AND EMPLOYEES AND RETAINED BY THE ORGANIZATION. POLICY SPECIFICALLY STATES ACTIONS REQUIRED TO CONFORM WITH THE POLICY AND REQUIRED DISCLOSURES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION IS REVIEWED ANNUALLY BY THE BOARD. RESEARCH OF SIMILAR QUALIFIED INDIVIDUALS AND POSITIONS IN OTHER ORGANIZATIONS IS PERFORMED AND DOCUMENTED. THE BOARD THEN INDEPENDENTLY APPROVES THE COMPENSATION PACKAGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANNUAL PERFORMANCE EVALUATIONS ARE PERFORMED BY THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTS ARE AVAIALBLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$32,152,914
Liabilities
$3,271,946
Net assets
$28,880,968
Revenue
$5,671,304
Expenses
$6,718,299
Net income
-$1,046,995
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.7$0.03$25.7$0.42$0.12$0.30
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.8$0.46$25.4$0.97$3.98$4.95
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.0$2.69$30.3$7.40$5.93$1.47
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.5$2.70$28.8$5.97$5.07$0.91
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.3$3.41$27.9$6.68$6.01$0.67
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.4$3.10$27.3$3.82$5.64$1.82
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.3$3.17$29.1$7.12$5.75$1.37
2016Summary only. Only limited summary data is available for this year.$31.1$3.34$27.7$5.27$6.74$1.47
2015Detailed filing. Detailed filing data is available for this year.$31.3$3.28$28.0$5.96$6.03$0.07
2014Detailed filing. Detailed filing data is available for this year.$32.2$3.27$28.9$5.67$6.72$1.05
2013Detailed filing. Detailed filing data is available for this year.$32.5$3.10$29.4$5.49$3.88$1.61
2012Summary only. Only limited summary data is available for this year.$27.3$0.03$27.3$27.6$0.31$27.3