Nonprofit · EIN 76-0821144
COMMUNITY FOUNDATION OF WILL COUNTY
Tax-exempt · FRANKFORT, IL 60423
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $1,852,863 | $1,391,064 | $461,799 | $11,239,760 | $517,266 | $10,722,494 |
| September 30, 2024 | 990 | $897,159 | $825,198 | $71,961 | $10,178,352 | $391,599 | $9,786,753 |
| September 30, 2023 | 990 | $853,001 | $758,833 | $94,168 | $8,533,618 | $349,210 | $8,184,408 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $1,120,172
- Program service revenue
- $125,169
- Investment income
- $607,522
- Net gain from sales of assets
- $155,008
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,025,186
- Other salaries and wages
- $120,411
- Salaries, compensation and benefits (total)
- $129,501
- Professional fundraising fees
- $0
- Legal fees
- $132
- Accounting fees
- $20,515
- Occupancy
- $19,314
- Depreciation
- $2,607
- Program services (functional)
- $1,212,804
- Management and general (functional)
- $74,824
- Fundraising (functional)
- $103,436
Balance sheet and other
- Total assets, start of year
- $10,178,352
- Total assets, end of year
- $11,239,760
- Total liabilities, end of year
- $517,266
- Net assets, end of year
- $10,722,494
- Land, buildings and equipment
- $8,520
- Publicly traded securities
- $10,780,821
- Net assets without donor restrictions
- $998,686
- Net assets with donor restrictions
- $9,723,808
- Gross receipts
- $2,764,231
- Employees
- 2
- Volunteers
- 16
- Year formed
- 2006
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATT SCHIMANSKI | CHAIR Trustee or director, Officer | 2 | $0 |
| DR THERESA ROUSE | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| DR NADIA CARPANZANO | SECRETARY Trustee or director, Officer | 1 | $0 |
| MARC GORSCH | TREASURER Trustee or director, Officer | 1 | $0 |
| EDNA BRASS | BOARD MEMBER Trustee or director | 1 | $0 |
| DR DAVID LIVINGSTON | BOARD MEMBER Trustee or director | 1 | $0 |
| TYLER QUALIO | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended September 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATT SCHIMANSKI | CHAIR Trustee or director, Officer | 2 | $0 |
| PETER COLARELLI | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| DR NADIA CARPANZANO | SECRETARY Trustee or director, Officer | 1 | $0 |
| MARC GORSCH | TREASURER Trustee or director, Officer | 1 | $0 |
| EDNA BRASS | BOARD MEMBER Trustee or director | 1 | $0 |
| DR DAVID LIVINGSTON | BOARD MEMBER Trustee or director | 1 | $0 |
| TYLER QUALIO JD | BOARD MEMBER Trustee or director | 1 | $0 |
| DR THERESA ROUSE | BOARD MEMBER Trustee or director | 1 | $0 |
| TRICIA SIMPSON | BOARD MEMBER Trustee or director | 1 | $0 |
| RODNEY TONELLI | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended September 30, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTIAN SPESIA JD | CHAIR Trustee or director, Officer | 2 | $0 |
| KATHY CAWLEY | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| PETER COLARELLI | SECRETARY Trustee or director, Officer | 1 | $0 |
| BRIAN MURPHY | TREASURER Trustee or director, Officer | 1 | $0 |
| EDNA BRASS | BOARD MEMBER Trustee or director | 1 | $0 |
| DR NADIA CARPANZANO | BOARD MEMBER Trustee or director | 1 | $0 |
| GLORIA DOLLINGER | BOARD MEMBER Trustee or director | 1 | $0 |
| MARC GORSCH | BOARD MEMBER Trustee or director | 1 | $0 |
| TOM LANCASTER | BOARD MEMBER Trustee or director | 1 | $0 |
| DR DAVID LIVINGSTON | BOARD MEMBER Trustee or director | 1 | $0 |
| BRIAN MURPHY | BOARD MEMBER Trustee or director | 1 | $0 |
| TYLER QUALIO JD | BOARD MEMBER Trustee or director | 1 | $0 |
| DR THERESA ROUSE | BOARD MEMBER Trustee or director | 1 | $0 |
| MATT SCHIMANSKI | BOARD MEMBER Trustee or director | 1 | $0 |
| TRICIA SIMPSON | BOARD MEMBER Trustee or director | 1 | $0 |
| RODNEY TONELLI | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 7777 W LINCOLN HWY STE A, FRANKFORT, IL 60423-9491
- In care of
- % CHICAGO COMMUNITY TR
- Principal officer (990 for 2024)
- MATT SCHIMANSKI, 663 N PARK BLVD, GLEN ELLYN, IL 60137
- Signed the 990
- MATT SCHIMANSKI, CHAIR
- Phone
- (815) 201-3700
- Website
- HTTPS://WILLCOUNTYCF.ORG/
- Return prepared by
- ESTEP BURKEY SIMMONS LLC
Mission
THE COMMUNITY FOUNDATION OF WILL COUNTY CONNECTS PEOPLE WHO CARE, TO CAUSES THAT MATTER TO IMPROVE THE LIVES OF WILL COUNTY RESIDENTS. THE FOUNDATION SEEKS TO BUILD PARTNERSHIPS TO STRENGTHEN RELATIONSHIPS AND IDENTIFY NEEDS AMONG NON-PROFIT ORGANIZATIONS, PROFESSIONAL ADVISORS, DONORS, AND COMMUNITY STAKEHOLDERS.
Program accomplishments
- THE COMMUNITY FOUNDATION OF WILL COUNTY IS THE LEADING FACILITATOR OF PHILANTHROPY IN OUR COMMUNITY AND A RESOURCEFUL LEADER IN MAKING A DIFFERENCE THROUGH EFFECTIVE COMMUNITY INVESTING.Expenses $1,212,804 · grants $1,025,186 · revenue $125,169
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 76-0821144
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2006
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S11)
- Assets (IRS master file)
- $11,239,760
- Income (IRS master file)
- $2,764,231
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $1,852,863 | $1,391,064 | $11,239,760 | XML |
| 990 | September 2024 | $897,159 | $825,198 | $10,178,352 | XML |
| 990 | September 2023 | $853,001 | $758,833 | $8,533,618 | XML |
| 990 | September 2022 | $3,556,261 | $1,007,430 | $8,084,543 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 76-0821144).
Questions about COMMUNITY FOUNDATION OF WILL COUNTY
- What is the EIN of COMMUNITY FOUNDATION OF WILL COUNTY?
- The employer identification number (EIN) of COMMUNITY FOUNDATION OF WILL COUNTY is 76-0821144.
- Is COMMUNITY FOUNDATION OF WILL COUNTY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to COMMUNITY FOUNDATION OF WILL COUNTY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does COMMUNITY FOUNDATION OF WILL COUNTY 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 COMMUNITY FOUNDATION OF WILL COUNTY due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COMMUNITY FOUNDATION OF WILL COUNTY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of COMMUNITY FOUNDATION OF WILL COUNTY?
- The 990 for the year ended September 30, 2025 names MATT SCHIMANSKI.
- Who are the officers and directors of COMMUNITY FOUNDATION OF WILL COUNTY?
- The 990 for the year ended September 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does COMMUNITY FOUNDATION OF WILL COUNTY have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $1,852,863, expenses of $1,391,064 and total assets of $11,239,760 at year end.
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All nonprofits in FRANKFORT · Illinois · Community improvement and capacity building