2025-08-28T16:11:32-05:00 2024-12-31 933160456 Dibble & Associates 975 E Nerge Road Suite W20 Roselle IL 60172 990 2024-01-01 452877260 Champions for Cures CHAM 7082328737 2 Westbrook Corporate Center 220 Westchester IL 60154 Kort McCulley Co-founder/Trustee 6309451015 2025-08-27 1 0 Joanna Dibble P00844830 6309805610 2025-08-27 2024 2025-03-06 01:10:19Z Kort McCulley 2 Westbrook Corporate Center Westchester IL 60154 259853 0 X www.championsforcures.org X 2011 IL Champions for Cures provides financial support to families impacted by cancer and also provides funding for cancer research. 5 5 0 0 0 0 173289 225831 0 0 0 0 3048 -12618 176337 213213 47591 46253 0 0 0 0 0 0 0 74181 55954 121772 102207 54565 111006 139764 359966 0 0 139764 359966 Raising money for cancer research and supporting the fight against cancer. 0 0 84935 46253 To support research for cancer cures and financial support for affected family which are designated through an annually elected "Champion". 84935 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 IL X Kort McCulley 6309451015 2 Westbrook Corporate Center Suite Westchester IL 60154 X Kort McCulley Trustee 5.00 X X 0 0 0 Eric Kingdon Trustee 1.00 X 0 0 0 Jason Nash Trustee 1.00 X 0 0 0 James Sloan Trustee 1.00 X 0 0 0 Andy Wolf Trustee 1.00 X 0 0 0 0 0 0 0 0 0 0 0 219070 6761 33120 225831 34022 219070 46640 -12618 -12618 213213 0 0 -12618 45000 45000 1253 1253 1100 1100 1857 1857 4322 4322 1280 1280 Donated materials used 33120 33120 Administrative support 10500 10500 Bank and merchant fees 3705 3705 Licenses and fees 70 70 102207 84935 17272 0 139764 151770 1618 1618 0 0 208196 139764 359966 0 0 X 139764 359966 139764 359966 139764 359966 X 111006 6611 102585 X 0 0 0 X 33678 109284 152068 173289 225831 694150 14505 48315 42587 34600 34022 174029 48183 157599 194655 207889 259853 868179 0 0 0 868179 48183 157599 194655 207889 259853 868179 1.00000 1.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1618 1618 0 0 529 College Savings Trust for Champion families 208196 F 208196 Golf outing 253092 219070 34022 7258 31981 2000 2000 253092 219070 34022 7258 31981 2000 2000 43239 -9217 1 Childrens Hospital of Chicago 225 E Chicago Ave Box 4 Chicago IL 60611 363357006 501(c)(3) 45000 0 Donation for ongoing cancer research Medical bills paid for selected Champion 1 1253 X Auction items 52 33120 Estimated fair marke 0 0 0 Form 990, Part VI, Section B, line 11b 990 was completed along with trustee, Kort McCulley. After preparation of the 990, the draft was forwarded to him for review and discussion with the remaining trustees before filing. Form 990, Part VI, Section C, line 18 Organization documents are provided upon request. Form 990, Part VI, Section C, line 19 Organization documents are provided upon request. Form 990, Part XI, line 9: Prior period adjustment for 529 College Savings Trust accounts 102,585. Form 990, Part XI, Line 9 - explanation for prior period adjustment The organization provides financial support to families affected by cancer by providing 529 contributions for children of the elected "Champion". These amounts were previously reported as grants to the family and were reported as an expense for the 2018, 2021 and 2023 529 contributions, thereby reducing the the Organization's net assets. During preparation of the 2024 return, it was discovered that the 529 accounts are held in the name of the Organization. The 529 accounts should have been reported as an Organization asset instead of an expense during the years 2018, 2021 and 2023. An adjustment to increase net assets is being reported on the 2024 Form 990 in the amount of $102,585 to correct the begining balance. The adjustment includes a 2018 529 contribution amount of $22,700, a 2021 529 contribution amount of $20,000 and a 2023 529 contribution amount of $45,000 plus unrealized gain on these investments in the amount of $14,885 for a total adjustment of $102,585. The Organization maintains the 529 accounts as an Organizational asset until the children incur college related expenses to protect and ensure that the funds are used for the intended purpose. Disbursements from the 529 will only be approved for higher education expenses and at that time will be reported as a grant paid and the asset will be reduced.