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Nonprofit · EIN 36-3833118

CHICAGO INSTRUCTIONAL TECHNOLOGY FOUNDATION INC

Tax-exempt · LONGMONT, CO 80501

Financials

$11.4M$11.1M2022$7M$6.9M2023
Revenue Expenses · by fiscal year end
Financials of CHICAGO INSTRUCTIONAL TECHNOLOGY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2024990$6,990,190$6,933,811$56,379$18,372,367$495,311$17,877,056
March 31, 2023990$11,398,180$11,100,655$297,525$16,910,873$454,099$16,456,774
Financial details: 990 for the year ended March 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$4,017,503
Investment income
$466,739
Royalties
$2,544,719
Net gain from sales of assets
$174,471
Other revenue
$2,505,948

Expenses

Grants and similar amounts paid
$1,616,410
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$87,414
Accounting fees
$23,650
Occupancy
$22,823
Travel
$259,720
Program services (functional)
$5,776,992
Management and general (functional)
$1,156,819

Balance sheet and other

Total assets, start of year
$16,910,873
Total assets, end of year
$18,372,367
Total liabilities, end of year
$495,311
Net assets, end of year
$17,877,056
Publicly traded securities
$13,366,857
Net assets without donor restrictions
$17,877,056
Gross unrelated business income
-$38,771
Gross receipts
$11,728,054
Employees
0
Volunteers
4
Year formed
1983
State of legal domicile
IL

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 for the year ended March 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DANIEL O'NEILCHAIR
Trustee or director, Officer
4$0
LILLY GLEICHTREASURER/DIRECTOR
Trustee or director, Officer
4$0
BARBARA IVERSONSECRETARY/DIRECTOR
Trustee or director, Officer
4$0
MARIA HADDENDIRECTOR
Trustee or director
4$0
BRENDA WILLIAMS-SEARSCEO/PRESIDENT
Officer
5$0
ADAM MILLERADVISOR TO CEO/ASST SECRET
Officer
5$0
LISA REEDCFO
Officer
5$0
KIM BUBONASSISTANT SECRETARY
Officer
5$0
990 for the year ended March 31, 2023: 8 people
NameTitleHours / weekCompensation
DANIEL O'NEILCHAIR
Trustee or director, Officer
4$0
LILLY GLEICHTREASURER/DIRECTOR
Trustee or director, Officer
4$0
BARBARA IVERSONSECRETARY/DIRECTOR
Trustee or director, Officer
4$0
MARIA HADDENDIRECTOR
Trustee or director
4$0
BRENDA WILLIAMS-SEARSCEO/PRESIDENT
Officer
5$0
ADAM MILLERADVISOR TO CEO/ASST SECRET
Officer
5$0
LISA REEDCFO
Officer
5$0
KIM BUBONASSISTANT SECRETARY
Officer
5$0

Address and contacts

Address (IRS master file)
205 KEN PRATT BLVD STE 120 PMB 1039, LONGMONT, CO 80501-8998
Principal officer (990 for 2023)
BRENDA SEARS, 205 KEN PRATT BLVD STE 120 PMB 1039, LONGMONT, CO 80501
Signed the 990
LISA REED, CFO
Phone
(303) 532-2852
Return prepared by
WIPFLI LLP

Mission

SEE SCHEDULE O

990 for the year ended March 31, 2024

Program accomplishments

  • VOQAL CHICAGO PARTICIPATES IN THE EDUCATION OPPORTUNITY PROJECT (EOP). THE EOP AIMS TO MEASURABLY REDUCE EDUCATIONAL OPPORTUNITY GAPS BY PROVIDING CAPITAL AND STRATEGIC ADVICE TO ENTREPRENEURS AND ORGANIZATIONS WORKING TO IMPROVE EDUCATIONAL OUTCOMES FOR DISADVANTAGED POPULATIONS. VOQAL NONPROFITS COLLECTIVELY SPENT $427,669, IN THE FISCAL YEAR 2024 PROGRAM WITH VOQAL CHICAGO CONTRIBUTING $302,605 TO THE PROGRAM.
    Expenses $302,693
  • VOQAL CHICAGO IS PROUD TO BE PART OF THE VOQAL FELLOWSHIP. THE VOQAL FELLOWSHIP IS AN INVESTMENT IN PEOPLE AS INDIVIDUALS AND BUDDING ENTREPRENEURS; A TALENT AND STARTUP ACCELERATOR AIMED AT GIVING THOSE OFTEN OVERLOOKED BY TRADITIONAL FUNDERS A CHANCE TO ENACT THEIR VISIONS. IN FISCAL YEAR 2024, EIGHT INDIVIDUALS WERE SELECTED AS FELLOWS AFTER A RIGOROUS SEARCH PROCESS. THEIR PROJECTS FOCUSED ON ISSUES RANGING FROM CIVIC MEDIA TO ONLINE TOOLS. VOQAL NONPROFITS COLLECTIVELY SPENT $384,103 IN THE FISCAL YEAR 2024 PROGRAM WITH VOQAL CHICAGO CONTRIBUTING $272,897 TO THE PROGRAM.VOQAL CHICAGO MAINTAINS A SEPARATE GRANTMAKING PROGRAM. IN FISCAL YEAR 2024, VOQAL CHICAGO MADE GRANTS TOTALING $1,539,750 TO 30 GRANTEES. EXPENSES TOTAL $271,778.
    Expenses $2,261,540 · grants $1,616,410
  • ON BEHALF OF VOQAL CHICAGO, MOBILE CITIZEN PLACES LTE WIRELESS BROADBAND ACCOUNTS WITH SCHOOLS AND NONPROFITS BOTH LOCALLY IN COLORADO AND NATIONWIDE. THE ESTIMATED NUMBER OF LTE WIRELESS BROADBAND ACCOUNTS IS BASED ON VOQAL CHICAGO'S OWNERSHIP PERCENTAGE OF ALL ACTIVE ACCOUNTS AT FISCAL YEAR-END. THE ESTIMATED MARKET VALUE, BASED ON $50/MONTH, OF ACTIVE ACCOUNTS IS MORE THAN $5.4 MILLION. VOQAL CHICAGO PROVIDES SCHOOLS IN THE CHICAGO METRO AREA WITH FREE AND SUBSIDIZED HIGH-SPEED WIRELESS BROADBAND INTERNET ACCOUNTS. THE SCHOOLS ARE BOTH PUBLIC AND PRIVATE, SERVICING GRADES K-12. WE ESTIMATE THAT THE FAIR MARKET VALUE OF THESE FREE AND SUBSIDIZED ACCOUNTS IS OVER $26,400 ANNUALLY.
    Expenses $3,212,759 · revenue $4,017,503

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 October, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2024October 31, 2025March 16, 2026Not on file
2023October 31, 2024March 17, 2025Not on file
2022October 31, 2023March 15, 2024Check at the IRS

IRS record

EIN
36-3833118
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2001
Accounting year ends
October
Files
Form 990 or 990-EZ

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2024$6,990,190$6,933,811$18,372,367XML
990March 2023$11,398,180$11,100,655$16,910,873XML
990March 2022$5,204,094$4,162,762$18,318,425IRS
990March 2021–––IRS
990March 2019–––IRS

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 36-3833118).

Questions about CHICAGO INSTRUCTIONAL TECHNOLOGY FOUNDATION INC

What is the EIN of CHICAGO INSTRUCTIONAL TECHNOLOGY FOUNDATION INC?
The employer identification number (EIN) of CHICAGO INSTRUCTIONAL TECHNOLOGY FOUNDATION INC is 36-3833118.
Is CHICAGO INSTRUCTIONAL TECHNOLOGY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2001.
Are donations to CHICAGO INSTRUCTIONAL TECHNOLOGY FOUNDATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CHICAGO INSTRUCTIONAL TECHNOLOGY FOUNDATION INC 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 CHICAGO INSTRUCTIONAL TECHNOLOGY FOUNDATION INC due?
The return for tax year 2024 (the year ending October 31, 2025) is due March 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CHICAGO INSTRUCTIONAL TECHNOLOGY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2024.
Who is the principal officer of CHICAGO INSTRUCTIONAL TECHNOLOGY FOUNDATION INC?
The 990 for the year ended March 31, 2024 names BRENDA SEARS.
Who are the officers and directors of CHICAGO INSTRUCTIONAL TECHNOLOGY FOUNDATION INC?
The 990 for the year ended March 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does CHICAGO INSTRUCTIONAL TECHNOLOGY FOUNDATION INC have?
On its 990 for the year ended March 31, 2024 it reported revenue of $6,990,190, expenses of $6,933,811 and total assets of $18,372,367 at year end.

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