Nonprofit · EIN 81-1504097
KEN LACHANCE FUND INC
Tax-exempt · HOFFMAN ESTATES, IL 60192
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $159,086 | $279,519 | -$120,433 | $521,437 | $0 | $521,437 |
| December 31, 2023 | 990 | $177,840 | $205,434 | -$27,594 | $641,870 | $0 | $641,870 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $135,836
- Program service revenue
- $0
- Investment income
- $23,250
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $278,448
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $278,448
- Management and general (functional)
- $1,071
Balance sheet and other
- Total assets, start of year
- $641,870
- Total assets, end of year
- $521,437
- Total liabilities, end of year
- $0
- Net assets, end of year
- $521,437
- Gross receipts
- $159,086
- Employees
- 0
- Volunteers
- 4
- Year formed
- 2016
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| L JENNIFER HILBER | CHAIRPERSON Trustee or director, Officer | 1 | $0 |
| ANDREW GROSS | TREASURER Trustee or director, Officer | 1 | $0 |
| THOMAS E FOSTER | SECRETARY Trustee or director, Officer | 1 | $0 |
| BARRY YATZOR | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| L JENNIFER HILBER | CHAIRPERSON Trustee or director, Officer | 1 | $0 |
| ANDREW GROSS | TREASURER Trustee or director, Officer | 1 | $0 |
| THOMAS E FOSTER | SECRETARY Trustee or director, Officer | 1 | $0 |
| BARRY YATZOR | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2000 CENTER DR STE A315, HOFFMAN ESTATES, IL 60192-5005
- Principal officer (990 for 2024)
- ANDREW GROSS, ONE COMMERCE DRIVE, SCHAUMBURG, IL 60173
- Signed the 990
- ANDREW GROSS, TREASURER
- Phone
- (847) 585-8743
- Website
- WWW.KENLACHANCEFUND.COM
- Return prepared by
- PLANTE & MORAN PLLC
Mission
THE FUND IS ORGANIZED AND OPERATED TO PROVIDE LIMITED FINANCIAL ASSISTANCE TO CURRENT AND FORMER EMPLOYEES OF CONVERGINT TECHNOLOGIES LLC (CONVERGINT) WHO ARE IN FINANCIAL NEED OR DISTRESS. THE FUND EXISTS TO ADDRESS TEMPORARY OR SHORT TERM NEED AND DISTRESS NOT CHRONIC SITUATIONS.
Program accomplishments
- THE FUND IS ORGANIZED AND OPERATED TO PROVIDE LIMITED FINANCIAL ASSISTANCE TO CURRENT AND FORMER EMPLOYEES OF CONVERGINT TECHNOLOGIES LLC (CONVERGINT) WHO ARE IN FINANCIAL NEED OR DISTRESS. THE FUND EXISTS TO ADDRESS TEMPORARY OR SHORT TERM NEED AND DISTRESS NOT CHRONIC SITUATIONS.Expenses $278,448 · grants $278,448
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 81-1504097
- 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
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $521,437
- Income (IRS master file)
- $159,086
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $159,086 | $279,519 | $521,437 | XML |
| 990 | December 2023 | $177,840 | $205,434 | $641,870 | XML |
| 990 | December 2022 | $148,223 | $205,306 | $672,149 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | 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 81-1504097).
Questions about KEN LACHANCE FUND INC
- What is the EIN of KEN LACHANCE FUND INC?
- The employer identification number (EIN) of KEN LACHANCE FUND INC is 81-1504097.
- Is KEN LACHANCE FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to KEN LACHANCE FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KEN LACHANCE FUND 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 KEN LACHANCE FUND INC 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 KEN LACHANCE FUND INC 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 KEN LACHANCE FUND INC?
- The 990 for the year ended December 31, 2024 names ANDREW GROSS.
- Who are the officers and directors of KEN LACHANCE FUND INC?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does KEN LACHANCE FUND INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $159,086, expenses of $279,519 and total assets of $521,437 at year end.
Other nonprofits in HOFFMAN ESTATES
- INDO-US FOUNDATION EIN 36-3741068 · last filed 990 for 2024
- SALVATION ARMY SERVICES INC EIN 36-3805307 · last filed 990 for 2025
- GREATER FAMILY HEALTH EIN 36-4249586 · last filed 990 for 2025
- FELLOWSHIP HOUSING CORPORATION EIN 36-3774128 · last filed 990 for 2025
- CONVERGINT CARES FOUNDATION EIN 84-2353837 · last filed 990 for 2024
- BATH-TENNIS CLUB OF HUNTINGTON ESTATES EIN 36-2971904 · last filed 990 for 2025
- MEDICAL AND DENTAL STAFF ASSN HUMANA HOSPITAL EIN 36-3309247 · last filed 990 for 2025
- NORTHWEST HISPANIC CHAMBER OF COMMERCE EIN 81-1554833 · last filed 990 for 2025
All nonprofits in HOFFMAN ESTATES · Illinois · Human services