2024-05-14T15:49:44-05:00 2023-06-30 363331802 GRAFF BLANSKI & KIM PC 2 NORTHFIELD PLAZA SUITE 200 NORTHFIELD IL 60093 990 2022-07-01 237076885 CHICAGO TEACHERS UNION FOUNDATION INC CHIC 3123299100 1901 WEST CARROLL AVENUE CHICAGO IL 60612 STACY DAVIS GATES PRESIDENT 3123299100 2024-05-10 1 STACY DAVIS GATES 999009999 0 MICHAEL BLANSKI P91800852 8478812540 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z STACY DAVIS GATES 1901 WEST CARROLL AVE CHICAGO IL 60612 3639299 0 X WWW.CTUF.ORG X 1969 IL THE FOUNDATION'S CIVIC & CHARITABLE PURPOSES INCLUDE THE FOLLOWING; SUPPORT OF PROJECTS, PROGRAMS, COMMUNITY ORGANIZATIONS AND OTHER NOT-FOR-PROFIT ORGANIZATIONS THAT PROVIDE SERVICES TO IMPROVE AND ASSIST PUBLIC SCHOOLS, TEACHERS AND THEIR DEPENDENTS AND RETIRED TEACHERS, INCLUDING FINANCIAL ASSISTANCE FOR ELIGIBLE ELDERLY AND RETIRED CHICAGO PUBLIC SCHOOL TEACHERS. 5 1 20 0 0 0 0 0 761223 788628 460509 336421 2417051 2514250 3638783 3639299 180047 39582 0 0 1273320 1304324 0 0 0 3241067 2280390 4694434 3624296 -1055651 15003 44201658 43922831 1759784 1188151 42441874 42734680 X THE CHICAGO TEACHERS UNION FOUNDATION, INC. ("FOUNDATION") WAS ORGANIZED FOR EDUCATIONAL AND SOCIAL WELFARE PURPOSES WITHIN THE MEANING OF SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE. THE FOUNDATION'S CIVIC AND CHARITABLE PURPOSES INCLUDE THE FOLLOWING: SUPPORT OF PROJECTS, PROGRAMS, COMMUNITY ORGANIZATIONS AND OTHER NOT-FOR-PROFIT ORGANIZATIONS THAT PROVIDE SERVICES TO IMPROVE AND ASSIST PUBLIC SCHOOLS, TEACHERS AND THEIR DEPENDENTS AND RETIRED TEACHERS, INCLUDING FINANCIAL ASSISTANCE FOR ELIGIBLE ELDERLY AND RETIRED CHICAGO PUBLIC SCHOOL TEACHERS. 0 0 2226651 39582 3302878 THE CHICAGO TEACHERS UNION FOUNDATION, INC. ("FOUNDATION") WAS ORGANIZED FOR EDUCATIONAL AND SOCIAL WELFARE PURPOSES WITHIN THE MEANING OF SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE. THE FOUNDATION'S CIVIC AND CHARITABLE PURPOSES INCLUDE THE FOLLOWING: SUPPORT OF PROJECTS, PROGRAMS, COMMUNITY ORGANIZATIONS AND OTHER NOT-FOR-PROFIT ORGANIZATIONS THAT PROVIDE SERVICES TO IMPROVE AND ASSIST PUBLIC SCHOOLS, TEACHERS AND THEIR DEPENDENTS AND RETIRED TEACHERS, INCLUDING FINANCIAL ASSISTANCE FOR ELIGIBLE ELDERLY AND RETIRED CHICAGO PUBLIC SCHOOL TEACHERS. 2226651 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 61 0 1 20 1 0 0 0 0 0 0 0 0 0 0 X 5 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 IL X STACY DAVIS GATES 3123299100 1901 WEST CARROL AVE CHICAGO IL 60612 PAULA BARAJAS DIRECTOR 0.30 0.00 X 0 0 0 JACKSON POTTER VICE PRESIDENT 0.30 50.00 X 0 140800 47540 CHRISTEL WILLIAMS RECORDING SECRETARY 0.30 50.00 X 0 155040 40300 MARIA MORENO FINANCIAL SECRETARY 0.30 50.00 X 0 155040 21554 STACY DAVIS GATES PRESIDENT 0.30 50.00 X 0 165058 41706 CARMEN CURET EXECUTIVE DIRECTOR 40.00 X 158875 0 40792 CHARISE BENNETT DIRECTOR OF OPERATIONS 40.00 X 105062 0 23353 ERIC LATTYAK BUILDING MANAGER 40.00 X 157394 0 26544 421331 615938 241789 3 0 1 0 0 CPS INCOME - NTL 900099 750000 750000 PD INCOME 900099 32418 32418 DONATION INCOME 900099 6210 6210 788628 336421 336421 2464462 0 2464462 2464462 2464462 MISCELLANEOUS INCOME 900099 49638 49638 NTL REPAYMENT 900099 150 150 49788 3639299 3302878 0 336421 X 39582 39582 421331 37920 383411 547110 49240 497870 97229 10695 86534 155432 6217 149215 83222 10819 72403 176229 176229 79708 79708 69751 69751 544503 544503 148513 19307 129206 1065196 1065196 103635 103635 81449 2443 79006 STAFF REIMBURSEMENTS 8889 8889 STAFF DEVELOPMENT 2240 2240 MISCELLANEOUS EXPENSES 277 277 3624296 2226651 1397645 0 44005 38917 47741 2146 1494 1494 4882794 4882794 14383 14383 35819441 6685610 29237466 29133831 6388801 6264293 3584974 3584973 44201658 43922831 836344 1166662 21489 21489 901951 1759784 1188151 X 42441874 42734680 42441874 42734680 44201658 43922831 15003 277803 0 X X 0 1 X 1 0 29780651 4233054 25547597 5426540 1966278 3460262 182999 178960 4039 429251 307318 121933 29133831 ACCRUED RENT 1766567 PREPAID LEASING COMMISSIONS 363243 DUE FROM CHILDREN AND TEACHERS FUND 1455163 3584973 X 3917102 277803 277803 3639299 0 3639299 3624296 0 3624296 0 3624296 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE FOUNDATION TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY IF THE FOUNDATION HAS TAKEN UNCERTAIN TAX POSITIONS THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS 1 PART I, LINE 2: THE FOUNDATION CHOOSES TO AWARD DONATIONS TO 501(C)(3) ORGANIZATIONS OR OTHER NOT-FOR-PROFIT ORGANIZATIONS PERMITTED BY LAW TO RECEIVE CHARITABLE DONATIONS. THESE ORGANIZATIONS MUST AGREE TO USE THE DONATOIN FOR CHARITABLE AND EDUCATOINAL PURPOSES. THESE ORGANZIATONS MUST ALSO PROVIDE A REPORT TO THE FOUNDATION ON THE USE OF THE DONATION FOR CHARITABLE OR EDUCATIONAL PURPOSES. THE FOUNDATION SUBSIDIZES THE RENT FOR THREE RETIRED TEACHERS. THE FOUNDATION PAYS THIS RENT SUBSIDY DIRECTLY TO THE LANDLORD OF THE BUILDING. PART 1, LINE 2: THE FOUNDATION CHOOSES TO AWARD DONATIONS TO 501(C)(3) ORGANIZATIONS OR OTHER-FOR-PROFIT ORGANIZATIONS PERMITTED BY LAW TO RECEIVE CHARITABLE DONATIONS. THESE ORGANIZATIONS MUST AGREE TO USE THE DONATION FOR CHARITABLE AND EDUCATIONAL PURPOSES. THESE ORGANIZATIONS MUST ALSO PROVIDE A REPORT TO THE FOUNDATION ON THE USE OF THE DONATION FOR CHARITABLE OR EDUCATIONAL PURPOSES. 0 0 0 0 0 0 0 0 0 STACY DAVIS GATES PRESIDENT 0 153058 0 0 0 12000 0 11250 0 30456 0 206764 0 0 CARMEN CURET EXECUTIVE DIRECTOR 158875 0 0 0 0 0 14298 0 26494 0 199667 0 0 0 CHRISTEL WILLIAMS RECORDING SECRETARY 0 143040 0 12000 0 0 0 9856 0 30444 0 195340 0 0 JACKSON POTTER VICE PRESIDENT 0 140800 0 0 0 0 0 27935 0 19605 0 188340 0 0 ERIC LATTYAK BUILDING MANAGER 157394 0 0 0 0 0 10800 0 15744 0 183938 0 0 0 MARIA MORENO FINANCIAL SECRETARY 0 143040 0 12000 0 0 0 10541 0 11013 0 176594 0 0 FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO OTHER COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS AUTHORIZED THE ACTING FINANCIAL DIRECTOR TO REVIEW AND APPROVE FORM 990 BEFORE FILING WITH THE APPROPRIATE AGENCY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS OR FINACIAAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC FORM 990, PART IX, LINE 11G OUTSIDE CONSULTANTS: PROGRAM SERVICE EXPENSES 544,503. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 544,503. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS OF THE FOUNDATION IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF THE INDEPENDENT AUDITOR. THERE HAS BEEN NO CHANGE FROM THE PRIOR YEAR. CHICAGO TEACHERS UNION 1901 W CARROLL AVE CHICAGO IL 60612 360906695 LABOR ORGANIZATION IL 501(C)(3) 0 CHILDRENS AND TEACHERS FOUNDATION OF THE CHICAGO TEACHERS UNION 1901 W CARROLL AVE CHICAGO IL 60612 798670132 FOUNDATION IL 501(C)(3) 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 CHICAGO TEACHERS UNION J 1685423 CHICAGO TEACHERS UNION O 134833 CHICAGO TEACHERS UNION P 27867