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Nonprofit · EIN 36-4573388

SEIZE THE FUTURE DEVELOPMENT FOUNDATION

Tax-exempt · AURORA, IL 60506

Financials

$2M$1.4M2022$804K$964K2023$4M$5.1M2024
Revenue Expenses · by fiscal year end
Financials of SEIZE THE FUTURE DEVELOPMENT FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,049,088$5,066,823-$1,017,735$2,218,926$44,206$2,174,720
June 30, 2024990$804,439$964,184-$159,745$3,236,289$43,834$3,192,455
June 30, 2023990$1,988,055$1,373,076$614,979$3,398,655$71,775$3,326,880
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,957,403
of which government grants
$3,922,403
Program service revenue
$0
Investment income
$40,014
Other revenue
$51,671

Expenses

Grants and similar amounts paid
$3,181,485
Other salaries and wages
$240,280
Salaries, compensation and benefits (total)
$260,263
Professional fundraising fees
$0
Legal fees
$60,905
Accounting fees
$13,650
Travel
$5,342
Depreciation
$872
Program services (functional)
$4,770,077
Management and general (functional)
$296,746

Balance sheet and other

Total assets, start of year
$3,236,289
Total assets, end of year
$2,218,926
Total liabilities, end of year
$44,206
Net assets, end of year
$2,174,720
Land, buildings and equipment
$4,933
Net assets without donor restrictions
$532,594
Net assets with donor restrictions
$1,642,126
Gross receipts
$4,049,088
Employees
5
Volunteers
20
Year formed
2005
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
KELLY O'BRIENPRESIDENT/CE
Officer
40$118,587$9,072
DONALD PILMERCHAIRMAN
Trustee or director, Officer
4$0$0
NELSON SANTOSVICE CHAIRMA
Trustee or director, Officer
1$0$0
BRIAN DAHLDIRECTOR
Trustee or director
1$0$0
DANIEL DOLANDIRECTOR
Trustee or director
1$0$0
CHARLES DOSSDIRECTOR
Trustee or director
1$0$0
KAREN HALSTEADDIRECTOR
Trustee or director
1$0$0
RICHARD IRVINDIRECTOR & M
Trustee or director
1$0$0
BRIAN KNETLDIRECTOR
Trustee or director
1$0$0
DHARMISTH PATELDIRECTOR
Trustee or director
1$0$0
ALEXANDER POPEDIRECTOR
Trustee or director
1$0$0
COLETTE ROZANSKIDIRECTOR
Trustee or director
1$0$0
MATTHEW WINKLEDIRECTOR
Trustee or director
1$0$0
ALEJANDRO LOPEZDIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2024: 14 people
NameTitleHours / weekCompensationOther / benefits
LORETTA DALYFORMER CEO
Former
–$119,499$18,848
DONALD PILMERCHAIRMAN
Trustee or director, Officer
4$0$0
NELSON SANTOSVICE CHAIR
Trustee or director, Officer
4$0$0
BRIAN DAHLDIRECTOR
Trustee or director
4$0$0
CHARLES DOSSDIRECTOR
Trustee or director
4$0$0
DANIEL DOLANDIRECTOR
Trustee or director
4$0$0
KAREN HALSTEADDIRECTOR
Trustee or director
4$0$0
RICHARD IRVINDIRECTOR & M
Trustee or director
4$0$0
BRIAN KNETLDIRECTOR
Trustee or director
4$0$0
ALEJANDRO LOPEZDIRECTOR
Trustee or director
4$0$0
DHARMISTH PATELDIRECTOR
Trustee or director
4$0$0
ALEXANDER POPEDIRECTOR
Trustee or director
4$0$0
MATTHEW WINKLEDIRECTOR
Trustee or director
4$0$0
KELLY O'BRIENACTING PRESI
Officer
40$0$0
990 for the year ended June 30, 2023: 15 people
NameTitleHours / weekCompensationOther / benefits
BRYAN GAYFORMER CEO
Former
–$102,237$4,207
DONALD PILMERPRESIDENT
Trustee or director, Officer
4$0$0
NELSON SANTOSVICE CHAIRMA
Trustee or director, Officer
4$0$0
ALEX LOPEZDIRECTOR
Trustee or director
4$0$0
ALEX POPEDIRECTOR
Trustee or director
4$0$0
BRIAN DAHLDIRECTOR
Trustee or director
4$0$0
BRIAN KNETLDIRECTOR
Trustee or director
4$0$0
CHARLES DOSSDIRECTOR
Trustee or director
4$0$0
DANIEL DOLANDIRECTOR
Trustee or director
4$0$0
DHARMISTH PATELDIRECTOR
Trustee or director
4$0$0
KAREN HALSTEADDIRECTOR
Trustee or director
4$0$0
MATTHEW WINKLEDIRECTOR
Trustee or director
4$0$0
MAYOR RICHARD IRVINDIRECTOR
Trustee or director
4$0$0
TERRY BOHRDIRECTOR
Trustee or director
4$0$0
LORETTA DALYACTING PRESI
Officer
40$0$0

Address and contacts

Address (IRS master file)
43 W GALENA BLVD, AURORA, IL 60506-4129
Principal officer (990 for 2024)
KELLY O'BRIEN, 43 WEST GALENA BLVD, AURORA, IL 60506
Signed the 990
SUE BERTRAND, EXECUTIVE DIRECTOR
Phone
(630) 256-3160
Return prepared by
WEBER & ASSOCIATES CPA'S

Mission

TO MOTIVATE AND FACILITATE THE REVITALIZATION AND DEVELOPMENT OF AURORA AND ITS DOWNTOWN.

990 for the year ended December 31, 2024

Program accomplishments

  • CONTRIBUTED TO THE ECONOMIC AND WORKFORCE DEVELOPMENT OF THE CITY OF AURORA.
    Expenses $4,770,077 · grants $3,181,485
  • ASSISTANCE TO LOCAL ORGANIZATION.

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

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
36-4573388
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
2007
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,218,926
Income (IRS master file)
$4,049,088

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,049,088$5,066,823$2,218,926IRS
990June 2024$804,439$964,184$3,236,289IRS
990June 2023$1,988,055$1,373,076$3,398,655XML
990June 2022$1,785,249$1,680,098$2,921,280IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––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 36-4573388).

Questions about SEIZE THE FUTURE DEVELOPMENT FOUNDATION

What is the EIN of SEIZE THE FUTURE DEVELOPMENT FOUNDATION?
The employer identification number (EIN) of SEIZE THE FUTURE DEVELOPMENT FOUNDATION is 36-4573388.
Is SEIZE THE FUTURE DEVELOPMENT FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to SEIZE THE FUTURE DEVELOPMENT FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SEIZE THE FUTURE DEVELOPMENT 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 SEIZE THE FUTURE DEVELOPMENT FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SEIZE THE FUTURE DEVELOPMENT FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SEIZE THE FUTURE DEVELOPMENT FOUNDATION?
The 990 for the year ended December 31, 2024 names KELLY O'BRIEN.
Who are the officers and directors of SEIZE THE FUTURE DEVELOPMENT FOUNDATION?
The 990 for the year ended December 31, 2024 lists 14 people; 1 received compensation from the organization, the highest $118,587 (KELLY O'BRIEN, PRESIDENT/CE).
How much revenue does SEIZE THE FUTURE DEVELOPMENT FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,049,088, expenses of $5,066,823 and total assets of $2,218,926 at year end.

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