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Nonprofit · EIN 45-4793381

CHASING DREAMS INC

Tax-exempt · VALPARAISO, IN 46385

Financials

$98K$88K2023$101K$96K2024$108K$97K2025
Revenue Expenses · by fiscal year end
Financials of CHASING DREAMS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$107,782$96,618$11,164$264,931$184,138$80,793
December 31, 2024990-EZ$100,505$95,921$4,584$255,528$185,899$69,629
December 31, 2023990-EZ$97,512$88,206$9,306$262,197$197,152$65,045
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$80,620
Net income from fundraising events
$16,962
Other revenue
$10,200

Expenses

Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$45,000
Occupancy
$17,729
Other expenses
$33,889

Balance sheet and other

Total assets, start of year
$255,528
Total assets, end of year
$264,931
Total liabilities, end of year
$184,138
Net assets, end of year
$80,793
Cash, savings and investments
$28,214
Land and buildings
$236,717
Gross receipts
$121,538

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
DENISE BABJAKPRESIDENT0$0
THOMAS NEUFFERSECRETARY0$0
ANKUR PREETTREASURER0$0
BILL SEDORISEXECUTIVE ADVISOR0$0
990-EZ for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
DENISE BABJAKPRESIDENT0$0
THOMAS NEUFFERSECRETARY0$0
ANKUR PREETTREASURER0$0
BILL SEDORISEXECUTIVE ADVISOR0$0
990-EZ for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
DENISE BABJAKPRESIDENT0$0
THOMAS NEUFFERSECRETARY0$0
ANKUR PREETTREASURER0$0
BILL SEDORISEXECUTIVE ADVISOR0$0

Address and contacts

Address (IRS master file)
104 N 350 W, VALPARAISO, IN 46385-7730
In care of
% DENISE BABJAK
Signed the 990-EZ
DENISE BABJAK, PRESIDENT
Phone
(219) 916-3653
Return prepared by
Karen J Robbins CPA

Mission

SERVICES FOR INDIVIDUALS WITH DOWN SYNDR

990-EZ for the year ended December 31, 2025

Program accomplishments

  • ENHANCE THE LIVES OF INDIVIDUALS WITH DOWNSYNDROME
    grants $18,500

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, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
45-4793381
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
2012
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$264,931
Income (IRS master file)
$121,538

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$107,782$96,618$264,931IRS
990-TDecember 2025–––IRS
990-EZDecember 2024$100,505$95,921$255,528IRS
990-TDecember 2024–––IRS
990-EZDecember 2023$97,512$88,206$262,197XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 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 45-4793381).

Questions about CHASING DREAMS INC

What is the EIN of CHASING DREAMS INC?
The employer identification number (EIN) of CHASING DREAMS INC is 45-4793381.
Is CHASING DREAMS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to CHASING DREAMS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CHASING DREAMS 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 CHASING DREAMS INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CHASING DREAMS INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of CHASING DREAMS INC?
The 990-EZ for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does CHASING DREAMS INC have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $107,782, expenses of $96,618 and total assets of $264,931 at year end.

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