Nonprofit · EIN 36-3787503
MONROE FOUNDATION
Tax-exempt · HILLSIDE, IL 60162
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2026 | 990-EZ | $130,600 | $132,439 | -$1,839 | $136,853 | $0 | $136,853 |
| March 31, 2025 | 990-EZ | $175,000 | $167,270 | $7,730 | $138,692 | $0 | $138,692 |
| March 31, 2024 | 990 | $423,264 | $500,111 | -$76,847 | $55,081 | $0 | $55,081 |
Financial details: 990-EZ for the year ended March 31, 2026
Revenue
- Contributions, gifts and grants
- $130,600
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $65,000
- Other expenses
- $67,439
- Program services (functional)
- $65,000
Balance sheet and other
- Total assets, start of year
- $138,692
- Total assets, end of year
- $136,853
- Total liabilities, end of year
- $0
- Net assets, end of year
- $136,853
- Cash, savings and investments
- $136,853
- Gross receipts
- $130,600
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended March 31, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Paul Labonne | Chairman | 4 | $0 |
| Otis Monroe | President | 40 | $0 |
| Jurelene Rigsby | Treasurer | 5 | $0 |
| Virginia Hardrict | Secretary | 4 | $0 |
| Anibal Vega | Director | 2 | $0 |
| Kevin McCauley | Director | 2 | $0 |
| Athena Williams | Director | 2 | $0 |
| Joetta Jefferson | Director | 2 | $0 |
990-EZ for the year ended March 31, 2025: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Paul Labonne | Chairman | 4 | $0 |
| Otis Monroe | President | 40 | $0 |
| Jurelene Rigsby | Treasurer | 5 | $0 |
| Virginia Hardrict | Secretary | 4 | $0 |
| Anibal Vega | Director | 2 | $0 |
| Kevin McCauley | Director | 2 | $0 |
| Athena Williams | Director | 2 | $0 |
| Joetta Jefferson | Director | 2 | $0 |
990 for the year ended March 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JURELLENE RIBSBY | Director Trustee or director | 2 | $0 |
| OTIS MONROE | Executive Director Highest-paid employee | 50 | $0 |
| ANIBAL VEGA | Director Trustee or director | 2 | $0 |
| PAUL A LABONNE | Director Trustee or director, Officer | 2 | $0 |
| ATHENA WILLIAMS | Chair Trustee or director | 2 | $0 |
| FABIOLA CADISH | Director Trustee or director | 2 | $0 |
| DENNIS MUHAMMAD | Director Trustee or director | 2 | $0 |
| DEVONTA BOSTON | Director Trustee or director | – | $0 |
| VIRGINIA HARDRICT | Secretary Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1547 S WOLF RD, HILLSIDE, IL 60162-2112
- In care of
- % OTIS MONROE
- Mailing address (990-N for 2010)
- 4106 West 99th Street, Oak Lawn IL 60433
- Principal officer (990-N for 2010)
- Otis Monroe, 4106 West 99th Street, Oak Lawn IL 60433
- Signed the 990-EZ
- Otis Monroe, President
- Phone
- (773) 315-9720
Mission
To educate, link, and assist in the obtaining of funding for social and economic development programs in low-income communities in Chicago and surrounding suburbs
Program accomplishments
- Get Cleared reentry initiative to assist justice-involved individuals and their families with record expungement, workforce development, financial literacy, and housing support. 102 participants enrolled in the Get Cleared initiative, completing a financial literacy curriculum. 400 individuals participated in 3 workforce sessions with PLCCA. 175 participants gained employment. 75 individuals completed certification training. 27 participants established new lines of credit. 22 maintained six-month budgets and increased savings. 11 participants launched small businesses.Expenses $65,000 · grants $65,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | 990-EZ on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990-EZ on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 36-3787503
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1997
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X99J)
- Assets (IRS master file)
- $136,853
- Income (IRS master file)
- $130,600
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | March 2026 | $130,600 | $132,439 | $136,853 | IRS |
| 990-EZ | March 2025 | $175,000 | $167,270 | $138,692 | XML |
| 990 | March 2024 | $423,264 | $500,111 | $55,081 | XML |
| 990 | March 2023 | $614,111 | $635,945 | $101,492 | IRS |
| 990 | March 2022 | $815,425 | $738,841 | $123,284 | IRS |
| 990 | March 2021 | – | – | – | IRS |
| 990 | March 2019 | – | – | – | IRS |
| 990-N for 2010 Officer: Otis Monroe | March 31, 2011 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-3787503).
Questions about MONROE FOUNDATION
- What is the EIN of MONROE FOUNDATION?
- The employer identification number (EIN) of MONROE FOUNDATION is 36-3787503.
- Is MONROE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to MONROE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MONROE FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MONROE FOUNDATION due?
- The return for tax year 2026 (the year ending March 31, 2027) is due August 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MONROE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended March 2026.
- Who is the principal officer of MONROE FOUNDATION?
- The 990-N for 2010 names Otis Monroe.
- Who are the officers and directors of MONROE FOUNDATION?
- The 990-EZ for the year ended March 31, 2026 lists 8 people; 0 received compensation from the organization.
- How much revenue does MONROE FOUNDATION have?
- On its 990-EZ for the year ended March 31, 2026 it reported revenue of $130,600, expenses of $132,439 and total assets of $136,853 at year end.
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