Nonprofit · EIN 45-4793381
CHASING DREAMS INC
Tax-exempt · VALPARAISO, IN 46385
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $107,782 | $96,618 | $11,164 | $264,931 | $184,138 | $80,793 |
| December 31, 2024 | 990-EZ | $100,505 | $95,921 | $4,584 | $255,528 | $185,899 | $69,629 |
| December 31, 2023 | 990-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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DENISE BABJAK | PRESIDENT | 0 | $0 |
| THOMAS NEUFFER | SECRETARY | 0 | $0 |
| ANKUR PREET | TREASURER | 0 | $0 |
| BILL SEDORIS | EXECUTIVE ADVISOR | 0 | $0 |
990-EZ for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DENISE BABJAK | PRESIDENT | 0 | $0 |
| THOMAS NEUFFER | SECRETARY | 0 | $0 |
| ANKUR PREET | TREASURER | 0 | $0 |
| BILL SEDORIS | EXECUTIVE ADVISOR | 0 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DENISE BABJAK | PRESIDENT | 0 | $0 |
| THOMAS NEUFFER | SECRETARY | 0 | $0 |
| ANKUR PREET | TREASURER | 0 | $0 |
| BILL SEDORIS | EXECUTIVE ADVISOR | 0 | $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
- Website
- WWW.CHASINGDREAMS.ORG
- Return prepared by
- Karen J Robbins CPA
Mission
SERVICES FOR INDIVIDUALS WITH DOWN SYNDR
Program accomplishments
- ENHANCE THE LIVES OF INDIVIDUALS WITH DOWNSYNDROMEgrants $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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-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
- Category (NTEE)
- Voluntary health associations and medical disciplines (G25)
- Assets (IRS master file)
- $264,931
- Income (IRS master file)
- $121,538
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $107,782 | $96,618 | $264,931 | IRS |
| 990-T | December 2025 | – | – | – | IRS |
| 990-EZ | December 2024 | $100,505 | $95,921 | $255,528 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990-EZ | December 2023 | $97,512 | $88,206 | $262,197 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 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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All nonprofits in VALPARAISO · Indiana · Voluntary health associations and medical disciplines