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Nonprofit · EIN 46-1913926

CLEAR WATER CAPITAL FOUNDATION

Tax-exempt (reinstated) · HOFFMAN EST, IL 60169

Financials

$172K$158K2023$216K$215K2024$214K$198K2025
Revenue Expenses · by fiscal year end
Financials of CLEAR WATER CAPITAL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$214,452$197,549$16,903$227,996$499$227,497
December 31, 2024990-PF$215,931$214,618$1,313$194,590$0$194,590
December 31, 2023990-PF$172,114$158,225$13,889$184,946$3,000$181,946
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$200,783
Dividends
$4,468
Interest
$5
Net gain from sales of assets
$9,196

Expenses

Grants and similar amounts paid
$143,296
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$195,990
Excise tax on investment income
$186

Balance sheet and other

Total assets, start of year
$194,590
Total assets, end of year
$227,996
Total liabilities, end of year
$499
Net assets, end of year
$227,497
Fair market value of assets
$227,996
Qualifying distributions
$195,990
Net investment income
$13,669

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-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
JOHN SLEETING
2800 W HIGGINS ROAD STE 1025, HOFFMAN ESTATES, IL 60169
CEO/DIRECTOR0.5$0
JOHN CHAPMAN
2800 W HIGGINS ROAD STE 1025, HOFFMAN ESTATES, IL 60169
SEC./DIRECTOR0.5$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
AL KRAUSE
2800 W HIGGINS ROAD STE 1025, HOFFMAN ESTATES, IL 60169
CFO/DIRECTOR0.5$0
JOHN SLEETING
2800 W HIGGINS ROAD STE 1025, HOFFMAN ESTATES, IL 60169
CEO/DIRECTOR0.5$0
JOHN CHAPMAN
2800 W HIGGINS ROAD STE 1025, HOFFMAN ESTATES, IL 60169
SEC./DIRECTOR0.5$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
AL KRAUSE
2800 W HIGGINS ROAD STE 1025, HOFFMAN ESTATES, IL 60169
CFO/DIRECTOR0.5$0
JOHN SLEETING
2800 W HIGGINS ROAD STE 1025, HOFFMAN ESTATES, IL 60169
CEO/DIRECTOR0.5$0
JOHN CHAPMAN
2800 W HIGGINS ROAD STE 1025, HOFFMAN ESTATES, IL 60169
SEC./DIRECTOR0.5$0

Address and contacts

Address (IRS master file)
2800 W HIGGINS RD STE 1025, HOFFMAN EST, IL 60169-7225
In care of
% AL KRAUSE
Signed the 990-PF
JOHN SLEETING, CEO/DIRECTOR
Phone
(847) 841-8650
Return prepared by
DAVIDSON PARGMAN & COMPANY LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
46-1913926
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2018
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$227,996
Income (IRS master file)
$228,405

Revocation and reinstatement

Exemption revoked
May 15, 2016
Posted by the IRS
August 8, 2016
Reinstated
Effective April 15, 2018

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$214,452$197,549$227,996IRS
990-PFDecember 2024$215,931$214,618$194,590IRS
990-PFDecember 2023$172,114$158,225$184,946XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––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 46-1913926).

Questions about CLEAR WATER CAPITAL FOUNDATION

What is the EIN of CLEAR WATER CAPITAL FOUNDATION?
The employer identification number (EIN) of CLEAR WATER CAPITAL FOUNDATION is 46-1913926.
Is CLEAR WATER CAPITAL FOUNDATION tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2016 and reinstated it effective April 15, 2018.
Are donations to CLEAR WATER CAPITAL FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does CLEAR WATER CAPITAL FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of CLEAR WATER CAPITAL FOUNDATION 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 CLEAR WATER CAPITAL FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of CLEAR WATER CAPITAL FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does CLEAR WATER CAPITAL FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $214,452, expenses of $197,549 and total assets of $227,996 at year end.

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