2024-03-28T09:29:02-05:00 2023-08-31 363963131 MANN WEITZ & ASSOCIATES LLC 570 LAKE COOK ROAD SUITE 330 DEERFIELD IL 60015 990 2022-09-01 362595074 CFA SOCIETY CHICAGO CFAS 3122511301 33 N LASALLE ST 910 CHICAGO IL 60602 KATHARINE H WYATT CFA TREASURER 3122511301 2024-03-28 1 KATHARINE WYATT CFA 999009999 0 MARCY STEINDLER P00573131 8472673400 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHRISTOPHER VINCENT 33 N LASALLE ST 910 CHICAGO IL 60602 2870252 0 X WWW.CFACHICAGO.ORG X 1965 IL CFA SOCIETY CHICAGO AIMS TO LEAD THE INVESTMENT MANAGEMENT AND FINANCIAL SERVICES PROFESSIONS BY PROMOTING THE HIGHEST STANDARDS OF ETHICS, CONTINUING EDUCATION, AND PROFESSIONAL EXCELLENCE FOR THE ULTIMATE BENEFIT OF SOCIETY. 17 17 9 135 9800 0 460832 617643 853346 881249 171338 566973 70189 47568 1555705 2113433 3006 500 0 0 827457 840755 0 0 0 817912 931771 1648375 1773026 -92670 340407 2288053 3272290 686547 1731934 1601506 1540356 X CFA SOCIETY CHICAGO, THE WORLD'S FIRST INVESTMENT ANALYSTS' SOCIETY, IS COMMITTED TO WORKING WITH OUR MEMBERS AND THE INVESTMENT COMMUNITY TO ACHIEVE OUR MISSION THROUGH THREE ORGANIZATIONAL PILLARS: (1) DELIVER MEMBER VALUE: DELIVER INDUSTRY-LEADING EVENTS FOCUSED ON CONTINUING EDUCATION AND PROFESSIONAL DEVELOPMENT. OFFER A RANGE OF NETWORKING OPPORTUNITIES TO OUR MEMBERS. IMPLEMENT NEW TECHNOLOGY AND BUILD A DIGITAL CONTENT LIBRARY. (2) DEVELOP FUTURE PROFESSIONALS: MEASURE OUR ENGAGEMENT WITH TOP EMPLOYERS OF CFA CHARTERHOLDERS AND IMPROVE THESE SCORES OVER TIME. BUILD BRAND AWARENESS THROUGH MARKETING, SOCIAL MEDIA, AND PARTNERSHIPS. (3) BUILD MARKET INTEGRITY: SUPPORT FINANCIAL LITERACY IN OUR COMMUNITY THROUGH PARTNERSHIPS AND VOLUNTEER OPPORTUNITIES. BUILD RELATIONSHIPS WITH LOCAL UNIVERSITIES AND SUPPORT STUDENTS WHO ARE STUDYING FOR OR CONSIDERING THE CFA EXAMS. ENCOURAGE A DIVERSITY OF GENDER, RACE, AND THOUGHT. 0 0 SPECIAL EDUCATIONAL EVENTS INCLUDE AN ANNUAL DINNER AND OTHER EVENTS DESIGNED TO FACILITATE NETWORKING AND INTERACTION AMONG THE MEMBERS AND INVESTMENT PROFESSIONALS. APPROXIMATELY 777 INVESTMENT PROFESSIONALS REGISTERED TO ATTEND OUR 2022 ANNUAL DINNER. ACADEMIC PROGRAMS ARE DESIGNED TO EDUCATE ATTENDEES ON CURRENT ISSUES OF IMPORTANCE IN THE PROFESSION. MEMBERS RECEIVE CONTINUING EDUCATION CREDITS WITH THE CFA INSTITUTE FOR MOST OF THESE EVENTS. THERE WERE OVER 44 PROGRAMS HELD DURING THE YEAR, WITH 3,413 REGISTERED TO ATTEND. MEMBER DEVELOPMENT FOCUSES ON ENHANCING THE MEMBERSHIP EXPERIENCE FOR, AND BUILDING A SENSE OF COMMUNITY AMONG, INVESTMENT PROFESSIONALS BY WELCOMING NEW MEMBERS INTO THE SOCIETY AND MAINTAINING A SENSE OF ENGAGEMENT WITH THE SOCIETY THROUGHOUT THE COURSE OF MEMBERS' CAREERS. IT ALSO FOCUSES ON MAINTAINING THE RELATIONSHIP BETWEEN CFA SOCIETY CHICAGO AND LOCAL UNIVERSITIES. CFA SOCIETY CHICAGO WORKED WITH LOCAL UNIVERSITIES TO ENGAGE UNDERGRADUTE AND GRADUATE STUDENTS IN THE CFA INSTITUTE RESEARCH CHALLENGE. CFA SOCIETY CHICAGO PARTNERS WITH THE ECONOMIC AWARENESS COUNCIL AND THE GREENWOOD PROJECT TO SHAPE THE INVESTMENT INDUSTRY AND SERVE THE GREATER GOOD BY SHARING FINANCIAL LITERACY VOLUNTEER OPPORTUNITIES FOR CFA MEMBERS TO TEACH INNER CITY HIGH SCHOOL STUDENTS THE BASICS OF SAVINGS AND INVESTMENTS AND TO MENTOR MINORITY COLLEGE STUDENTS AND TO INTRODUCE THEM TO CAREERS IN THE FINANCE INDUSTRY. 0 1 0 1 0 0 0 0 0 1 0 0 1 1 1 1 0 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 0 1 7 0 1 9 1 1 1 0 0 0 1 1 0 0 0 X 17 17 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X CHRISTOPHER VINCENT 3122511301 33 N LASALLE STREET SUITE 910 CHICAGO IL 60602 WILLIAM FITZPATRICK CHAIR 1.00 X X 0 0 0 GARRET GLAWE IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 CATHERINE DRAKE VICE CHAIR 1.00 X X 0 0 0 JEREMY HEER SECRETARY TREASURER 1.00 X X 0 0 0 JAMES BOUDREAULT DIRECTOR 0.50 X 0 0 0 MATTHEW MORRIS DIRECTOR 1.00 X 0 0 0 AARON MEDER DIRECTOR 0.50 X 0 0 0 BLAKE PONTIUS DIRECTOR 0.50 X 0 0 0 MAMADOU-ABOU SARR DIRECTOR 0.50 X 0 0 0 RICHARD EXCELL DIRECTOR 0.50 X 0 0 0 JENNIKA GOLD DIRECTOR 0.50 X 0 0 0 TIFFANY GREENHOUSE DIRECTOR 0.50 X 0 0 0 PEEYUSH SHUKLA DIRECTOR 0.50 X 0 0 0 CARLA TAYLOR DIRECTOR 1.00 X 0 0 0 KWEKU OBED DIRECTOR 0.50 X 0 0 0 SHERI HAWKINS DIRECTOR 0.50 X 0 0 0 KATHARINE WYATT DIRECTOR 0.50 X 0 0 0 CHRISTOPHER VINCENT CEO 40.00 X 201927 0 27599 JOYOLIN BROWN COO 40.00 X 132441 0 23123 PARAJ PATEL DIR OF MARKETING/COMMUNICATIONS 40.00 X 101120 0 10949 435488 0 61671 3 0 1 0 0 114041 503602 617643 MEMBERSHIP DUES 900099 768374 768374 ACADEMIC PROGRAMS 611600 66244 66244 EDUCATIONAL EVENTS 611600 26717 26717 MEMBER DEVELOPMENT 900099 10114 10114 COMMUNICATIONS AND JOB PLACEMENT 541800 9800 9800 881249 45832 45832 47568 47568 1277960 756819 521141 521141 521141 2113433 871449 9800 614541 500 400242 319116 12768 54422 54207 12703 46095 55185 6317 75090 67555 128399 9150 445728 27891 7434 BOD PROJECTS AND EXPENS 36002 MISCELLANEOUS 8448 SPECIAL PROJECTS 5774 1773026 389743 624409 31 46256 28800 101711 147836 207615 185881 49625 21734 1685718 1494977 15000 954503 2288053 3272290 80691 87348 605856 695746 0 948840 686547 1731934 X 1601506 1540356 1601506 1540356 2288053 3272290 340407 -401557 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 207615 185881 21734 21734 SECURITY DEPOSIT 15000 NEW LEASE STANDARD RIGHT OF USE ASSET 939503 954503 NEW LEASE STANDARD LEASE LIABILITY 948840 948840 X 1711876 -401557 -401557 2113433 0 2113433 1773026 0 1773026 0 1773026 PART X, LINE 2: THE FINANCIAL STATEMENT EFFECTS OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ARE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT, BASED ON THE TECHNICAL MERITS, THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. AS OF AUGUST 31, 2023, THE SOCIETY HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. X X X 0 0 0 CHRISTOPHER VINCENT CEO 150447 0 51480 0 0 0 10100 0 17499 0 229526 0 0 0 JOYOLIN BROWN COO 117441 0 15000 0 0 0 6183 0 16940 0 155564 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE MAY MEET AND ACT ON BEHALF OF THE BOARD OF DIRECTORS WITHOUT FORMAL NOTICE. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS APPROXIMATELY 4,500 MEMBERS WHO ARE INVESTMENT PROFESSIONALS. THEY ARE CATEGORIZED INTO 7 DIFFERENT CLASSES CONSISTING OF REGULAR, AFFILIATE, PROFESSIONAL LEAVE, STUDENT, CANDIDATE, ADJUNCT AND HONORARY MEMBERSHIPS. REGULAR MEMBERS SHALL HAVE VOTING PRIVILEGES. AFFILIATE, PROFESSIONAL LEAVE, STUDENT, CANDIDATE, ADJUNCT, AND HONORARY MEMBERS SHALL NOT HAVE VOTING PRIVILEGES. FORM 990, PART VI, SECTION A, LINE 7A THERE IS AN ANNUAL BUSINESS MEETING EACH YEAR WHERE MEMBERS VOTE ON THE PROPOSED SLATE OF OFFICERS AND DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B BYLAW CHANGES MUST BE PRESENTED TO THE FULL MEMBERSHIP AND APPROVED BY A MAJORITY OF MEMBERS WHO VOTE. THERE ARE NO OTHER REQUIREMENTS FOR FULL MEMBER APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B THE COO REVIEWS THE 990 FOR ACCURACY BEFORE GIVING IT TO THE TREASURER WHO ALSO REVIEWS AND THEN SIGNS IT. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ANNUALLY COLLECTS THE SIGNED CONFLICT OF INTEREST STATEMENTS. FORM 990, PART VI, SECTION B, LINE 15A THE BENEFITS AND COMPENSATION COMMITTEE CONSISTING OF 3 BOARD MEMBERS REVIEW THE PERFORMANCE ANNUALLY OF THE CEO/PRESIDENT WHO IS THE ONLY KEY EMPLOYEE AND RECOMMEND CHANGES IN SALARY IN COMPARISON TO THE CPI AND TO COMPENSATION SURVEYS. THEY ALSO RECOMMEND WHAT PORTION OF THE BONUS SHOULD BE PAID OUT AS WELL AS RECOMMENDING WHETHER FUTURE BENEFITS SHOULD BE KEPT IN EFFECT. FORM 990, PART VI, SECTION C, LINE 19 CFA CHICAGO PUBLISHES AN ANNUAL REPORT EACH YEAR THAT CONTAINS THE FULL AUDITED FINANCIAL STATEMENTS. THIS ANNUAL REPORT IS ACCESSIBLE ON A PUBLIC SECTION OF THE CFA CHICAGO WEBSITE. THE BYLAWS ARE ALSO POSTED ON A PUBLIC SECTION OF THE CFA CHICAGO WEBSITE. BOARD OF DIRECTORS' MEETING MINUTES ARE HOUSED ON BOARDEFFECT.