2025-05-12T10:38:13-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 2021 SPRING ROAD SUITE 200 OAK BROOK IL 60523 990 2023-07-01 832851368 P33 P33 3128531200 1234 W FULTON MARKET CHICAGO IL 60607 BRAD HENDERSON CEO 3128531200 2025-05-06 1 0 MELISSA STRUCK P01310867 6305738600 2025-05-06 2023 2025-03-06 01:10:19Z BRAD HENDERSON 1234 W FULTON MARKET CHICAGO IL 60607 12737242 0 X WWW.P33CHICAGO.COM X 2019 IL SEE SCHEDULE O.WE WORK COLLABORATIVELY WITH CHICAGO COMMUNITIES TO MAKE OUR REGION A GLOBAL TECH LEADER WHERE ALL PEOPLE THRIVE. 24 24 20 24 0 0 3497423 12543572 0 101436 57938 92234 0 0 3555361 12737242 818500 661666 0 0 3157386 3794435 0 0 381449 1693169 1974644 5669055 6430745 -2113694 6306497 8026757 14424883 820670 722299 7206087 13702584 X TRANFORM CHICAGO INTO A TIER ONE TECHNOLOGY AND INNOVATION HUB AND PROMOTE INCLUSIVE ECONOMIC GROWTH. 0 0 1783661 645000 FOUNDERS - P33 IS ACTIVELY ENGAGED IN INCLUSIVE EFFORTS TO ACCELERATE THE FLOW OF CAPITAL IN OUR REGION SO THAT CHICAGO'S STARTUP AND VENTURE ECONOMY MAKES A SIGNIFICANT IMPACT ON THE PERCEPTION, ECONOMIC GROWTH, AND WELLBEING OF OUR CITY AND OUR TECH ECONOMY. 474313 16666 REGIONAL PRIORITIES - P33'S REGIONAL PRIORITIES WORKS TO INCLUSIVELY BUILD AND ACTIVATE REGIONAL DEEP TECH ECOSYSTEMS, IDENTIFYING AND PUSHING FORWARD PROMISING EMERGING MARKETS WHILE CONTINUING TO ADVANCE EXISTING SCIENTIFIC FIELDS. P33 LEANS ON LOCAL STRENGTHS AND FEDERAL INITIATIVES TO UNLOCK OPPORTUNITIES FOR DIVERSE LOCAL SCIENTISTS, RESEARCHERS, AND ENTREPRENEURS, WHILE ADVANCING OUR NATION'S TECHNOLOGICAL PROWESS AND VISION. 1279018 TALENT - P33 IS DEDICATED TO CULTIVATING, RETAINING, AND ATTRACTING TALENT THAT REFLECTS THE DIVERSE MAKEUP OF OUR REGION. WE'RE FOCUSED ON CREATING A ROBUST TECH TALENT PIPELINE INCLUSIVE OF ALL CHICAGOLAND RESIDENTS, ENABLING THEM TO CONTRIBUTE TO THE DIGITAL ECONOMY WHILE ALSO RETAINING OUR EXISTING TECH TALENT. BY BUILDING A MORE DIVERSE TECH TALENT PIPELINE, WE NOT ONLY FOSTER CONTINUED INNOVATION BUT ALSO POSITION OURSELVES AS A GLOBAL LEADER IN PROMOTING EQUITY IN TECH. 1488337 101436 MARKETING/COMMUNICATIONS AND IMPACT - P33 UNITES TO TELL CHICAGO'S TECH STORY TO RETAIN AND ATTRACT KEY AUDIENCES. 1488337 101436 5025329 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 44 0 1 20 1 0 0 0 0 0 0 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 IL X THE ORGANIZATION 3128531200 1234 W FULTON MARKET CHICAGO IL 60607 CHRIS GLADWIN CHAIR 1.00 X X 0 0 0 GARRY COOPER VICE CHAIR 1.00 X X 0 0 0 JENNY SCANLON VICE CHAIR 1.00 X X 0 0 0 MARIA WYNNE TREASURER 1.00 X X 0 0 0 PHILLIP ALPHONSE DIRECTOR 1.00 X 0 0 0 FEYI OLAPADE AYODELE DIRECTOR 1.00 X 0 0 0 BRIAN BARNES DIRECTOR 1.00 X 0 0 0 PETER BARRIS DIRECTOR 1.00 X 0 0 0 RASHID BASHIR DIRECTOR 1.00 X 0 0 0 CHRIS CARTWRIGHT DIRECTOR 1.00 X 0 0 0 MARGARITA CHAVEZ DIRECTOR 1.00 X 0 0 0 BRENDA DARDEN WILKERSON DIRECTOR 1.00 X 0 0 0 DEREK DOUGLAS DIRECTOR 1.00 X 0 0 0 RICHARD EDELMAN DIRECTOR 1.00 X 0 0 0 MIKE GAMSON DIRECTOR 1.00 X 0 0 0 KATE GEBO DIRECTOR 1.00 X 0 0 0 AMANDA LANNERT DIRECTOR 1.00 X 0 0 0 DIANE PRIMO DIRECTOR 1.00 X 0 0 0 JULIA STASCH DIRECTOR 1.00 X 0 0 0 HELEN SUN DIRECTOR 1.00 X 0 0 0 KATE TIMMERMAN DIRECTOR 1.00 X 0 0 0 TOM WILSON DIRECTOR 1.00 X 0 0 0 KELLY WELSH DIRECTOR 1.00 X 0 0 0 MARIA WYNNE DIRECTOR 1.00 X 0 0 0 BRAD HENDERSON CEO 40.00 X 611173 0 119654 NUWAN SAMARAWEERA COO & EVP 40.00 X 296931 0 44605 DESIREE VARGAS WRIGLEY CIO 40.00 X 294045 0 64843 TIFAIR GILLESPIE HAMED CHIEF GROWTH OFFICER 40.00 X 198326 0 4961 MEERA RAJA VP OF DEEP TECH 40.00 X 140199 0 8664 ALEENA AGRAWAL VICE PRESIDENT OF TALENT SOLUTIONS 40.00 X 133881 0 26712 CLUADE CIMEUS DIRECTOR OF PLATFORM 40.00 X 129357 0 16948 LEEN BNYAT SENIOR DEVELOPMENT DIRECTOR 40.00 X 125477 0 12841 ALEXANDRA KRALL DIRECTOR OF TALENT SOLUTIONS 40.00 X 103186 0 9000 2032575 0 308228 11 0 1 0 CLIFTON LARSON ALLEN LLP 220 S 6TH ST SUITE 300 MINNEAPOLIS MN 55402 ACCOUNTING AND CONSULTING 212991 1 731857 11811715 12543572 MEETING REVENUE 900099 101436 101436 101436 92234 92234 12737242 101436 0 92234 661666 661666 1572983 1211554 222215 139214 1793978 1381771 253434 158773 53938 41544 7620 4774 190150 146459 26862 16829 183386 141249 25907 16230 17249 17249 115889 115889 275066 226793 37023 11250 173665 173040 625 12053 9244 1896 913 135628 58643 71543 5442 331356 159726 151138 20492 26343 4231 20955 1157 714069 711500 2569 516 516 55241 44062 7998 3181 16911 16911 100658 53331 47327 6430745 5025329 1023967 381449 3654955 4544227 3306488 9258234 224729 93441 267169 324609 139288 122865 71664 16423 501752 187949 8026757 14424883 206248 460766 47743 49024 566679 212509 820670 722299 X 3125044 2993230 4081043 10709354 7206087 13702584 8026757 14424883 X 6306497 190000 X X 0 1 X 1 0 X 10911517 6722632 3437171 3497423 12543572 37112315 10911517 6722632 3437171 3497423 12543572 37112315 12277160 24835155 5962 1969 3080 57938 92234 161183 46 -1921 -1875 37271623 101436 0.66630 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11645 10481 1164 127643 112384 15259 16423 DUE TO CIVIC COMMITTEE 2239 LEASE LIABILITY 210270 212509 X 13854061 926819 190000 1116819 12737242 0 12737242 7357564 926819 926819 6430745 0 6430745 PART X, LINE 2: P33 WAS ORGANIZED AND INCORPORATED IN ILLINOIS AS A NOT-FOR-PROFIT ORGANIZATION IN 2019. P33 HAS RECEIVED A FAVORABLE DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE (IRS) STATING THAT IT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) OF 1986, AS AMENDED, EXCEPT FOR INCOME TAXES PERTAINING TO UNRELATED BUSINESS INCOME. THE FASB ISSUED GUIDANCE THAT REQUIRES TAX EFFECTS FROM UNCERTAIN TAX POSITION TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. MANAGEMENT HAS DETERMINED THERE ARE NO MATERIAL UNCERTAIN POSITIONS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. ADDITIONALLY, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THESE FINANCIAL STATEMENTS, AND THERE IS NO INTEREST OR PENALTIES RECOGNIZED IN THESE STATEMENTS OF ACTIVITIES OR STATEMENTS OF FINANCIAL POSITION. 1 AETERNAL UPCYCLING INC 1953 W SUNNYSIDE APT 3 CHICAGO IL 60640 883015204 25000 0 TECHRISE WINNER ASL ASPIRE INC 1917 MAYNARD DRIVE CHAMPAIGN IL 61822 921526092 25000 0 TECHRISE WINNER BABYGAMI CO 701 PROVENCAL DRIVE BURR RIDGE IL 60527 874596384 100000 0 TECHRISE WINNER CHICAGOFOOTWORKCOM 236 MANUTA STREET PARK FOREST IL 60466 934303280 25000 0 TECHRISE WINNER CRICKET HILL INC 4000 W MONTROSE AVE 2040 CHICAGO IL 60641 874428416 25000 0 TECHRISE WINNER CURIVA LLC 610 AMBERWOOD DR GOSHEN IN 46426 854228301 25000 0 TECHRISE WINNER ER DATA SOLUTIONS LLC 933 N RIDGEWAY AVE CHICAGO IL 60651 922028961 25000 0 TECHRISE WINNER FILLOW INC 160 CENTRAL AVE HIGHLAND PARK IL 60035 863579498 25000 0 TECHRISE WINNER FLASHHOOPS INC 5 FAIRFIELD LANE CHARLESTON IL 61920 923909142 25000 0 TECHRISE WINNER GREAT AMERICAN DOORS LLC 14036 S OAKDALE CIRCLE PLAINFIELD IL 60544 854288596 10000 0 TECHRISE WINNER LEVEE LABS INC 1135 W MADISON STREET UNIT 2C CHICAGO IL 60607 933434595 25000 0 TECHRISE WINNER LILY OF THE VALLEY EMPOWERMENT 1321 N MASON AVE CHICAGO IL 60651 934322128 25000 0 TECHRISE WINNER LUNUM INC 420 N WABASH AVE 500 CHICAGO IL 60611 882600314 25000 0 TECHRISE WINNER NCIF NFP INC 135 SOUTH LASALLE ST STE 3025 CHICAGO IL 60603 861472254 501C3 16666 0 REGIONAL PRIORITIES OASIS CAPITAL INVESTMENT GROUP INC PO BOX 470436 LOS ANGELES CA 90047 872722467 25000 0 TECHRISE WINNER OPNR INC 98 KERCHEVAL AVE GROSSE POINTE FARMS MI 48236 834606117 25000 0 TECHRISE WINNER ORDRSMART INC 2103 N CAMPBELL AVE APT 2N CHICAGO IL 60647 880921818 25000 0 TECHRISE WINNER PAINNAVIGATOR INC 222 W MERCHANDISE MART PLAZA STE 1230-101 CHICAGO IL 60654 843641390 25000 0 TECHRISE WINNER PIGGYBACK NETWORK INC 10357 S LEAVITT CHICAGO IL 60643 882005474 25000 0 TECHRISE WINNER PULSE CHARTER CONNECT INC 1463 E 53RD ST CHICAGO IL 60615 882132558 25000 0 TECHRISE WINNER REUSO TECHNOLOGIES INC 5315 N CLARK 226 CHICAGO IL 60640 883451839 25000 0 TECHRISE WINNER ROUTE INC 6120 N PULASKI ROAD CHICAGO IL 60646 320612845 25000 0 TECHRISE WINNER SATIN SHEEN CLEANING SERVICES LLC 7019 S MORGAN CHICAGO IL 60621 934233399 25000 0 TECHRISE WINNER SIMPLY GENTLE NATURAL PRODUCTS 2320 182ND LANE APT 2C LANSING IL 60438 821959233 10000 0 TECHRISE WINNER 1 23 PART I, LINE 2: P33 PARTICIPATES IN REGULAR MEETINGS WITH MANAGEMENT AND GOVERNING BOARD OF DUALITY TO REVIEW THE ACTIVITIES OF THE PROGRAM. TECHRISE GRANT RECIPIENTS ARE REQUIRED TO REPORT QUARTERLY ON THEIR USE OF THE FUNDS. X X X X X 0 0 0 0 0 0 0 0 0 BRAD HENDERSON CEO 611173 0 0 0 0 0 80364 0 39290 0 730827 0 0 0 DESIREE VARGAS WRIGLEY CIO 244045 0 50000 0 0 0 39900 0 24943 0 358888 0 25000 0 NUWAN SAMARAWEERA COO & EVP 246931 0 50000 0 0 0 39850 0 4755 0 341536 0 25000 0 TIFAIR GILLESPIE HAMED CHIEF GROWTH OFFICER 198326 0 0 0 0 0 0 0 4961 0 203287 0 0 0 ALEENA AGRAWAL VICE PRESIDENT OF TALENT SOLUTIONS 133881 0 0 0 0 0 6934 0 19778 0 160593 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A COMMITTEES OF THE GOVERNING BODY THE BOARD OF DIRECTORS, BY RESOLUTION ADOPTED BY A MAJORITY OF THE DIRECTORS IN OFFICE, MAY DESIGNATE AND APPOINT ONE OR MORE COMMITTEES EACH OF WHICH SHALL CONSIST OF TWO OR MORE DIRECTORS, WHICH COMMITTEES, TO THE EXTENT PROVIDED IN SUCH RESOLUTION, SHALL HAVE AND EXERCISE THE AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE CORPORATION. THE DESIGNATION AND APPOINTMENT OF ANY SUCH COMMITTEE AND THE DELEGATION THERETO OF AUTHORITY SHALL NOT OPERATE TO RELIEVE THE BOARD OF DIRECTORS, OR ANY INDIVIDUAL DIRECTOR, OR ANY RESPONSIBILITY IMPOSED BY LAW. FORM 990, PART VI, SECTION A, LINE 8B THERE WERE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY A NATIONAL PUBLIC ACCOUNTING FIRM IN CONJUNCTION WITH MANAGEMENT AND STAFF OF THE ORGANIZATION. A DRAFT WAS THEN PROVIDED TO MANAGEMENT. MANAGEMENT AND THE TREASURER REVIEWED A DRAFT VERSION OF THE FORM 990. SUBSEQUENT TO THEIR REVIEW, CLUB MANAGEMENT AND THE TREASURER, ALONG WITH THE COMMERCIAL CLUB'S VP, FINANCE & ADMIN DISCUSSED THE DRAFT VERSIONS WITH THE TAX PREPARERS INCLUDING ANY QUESTIONS OR NECESSARY REVISIONS. BASED ON FEEDBACK FROM THAT MEETING, THE FORM 990 WAS REVISED AS NECESSARY. THE BOARD OF DIRECTORS RECEIVED A COPY OF THE FORM 990 PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C NO DIRECTOR OR MEMBER OF ANY COMMITTEE SHALL DERIVE ANY PERSONAL PROFIT OR GAIN, DIRECTLY OR INDIRECTLY, BY REASON OF HIS OR HER MEMBERSHIP ON THE BOARD OF DIRECTORS OR A COMMITTEE. IF A DIRECTOR OR COMMITTEE MEMBER IS DIRECTLY OR INDIRECTLY A PARTY TO ANY TRANSACTION CONSIDERED BY THE BOARD OF DIRECTORS OR A COMMITTEE, THE DIRECTOR OR COMMITTEE MEMBER SHALL DISCLOSE THE MATERIAL FACTS OF THE TRANSACTION AND THE DIRECTOR'S INTEREST OR RELATIONSHIP PRIOR TO THE APPROVAL OR RATIFICATION OF THE TRANSACTION BY THE BOARD OF DIRECTORS OR COMMITTEE, AND SHALL NOT VOTE ON THE APPROVAL OR RATIFICATION OF THE TRANSACTION. TRANSACTIONS THAT INVOLVE A BOARD MEMBER OR OFFICER ARE ASSESSED TO DETERMINE IF A CONFLICT OF INTEREST EXISTS. THE DECISIONS REGARDING IF A CONFLICT EXISTS IS DETERMINED BY THE GOVERNING COMMITTEES OF THE ORGANIZATION. IF A CONFLICT IS IDENTIFIED (NONE IDENTIFIED TO DATE), THE MEMBER THAT IT RELATES TO IS ASKED TO ABSTAIN FROM THE CONVERSATION AND ANY RELATED DECISIONS MADE. ALTHOUGH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY DOES NOT REQUIRE AN ANNUAL COMPLETION OF A CONFLICT OF INTEREST STATEMENT, EACH OFFICER, DIRECTOR, AND KEY EMPLOYEE IS REQUIRED TO DISCLOSE ON A CONTEMPORANEOUS BASIS WHEN A CONFLICT ARISES. FORM 990, PART VI, SECTION B, LINE 15 P33 USES THE FOLLOWING TO ESTABLISH COMPENSATION FOR ALL EMPLOYEES: A COMPENSATION COMMITTEE, AN INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEYS, AND APPROVAL BY THE BOARD AND COMPENSATION COMMITTEE. COMPENSATION IS CONTEMPORANEOUSLY DOCUMENTED BY THE COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 P33 PROVIDES DOCUMENTS TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: BAD DEBT RECOVERY - CHANGE IN ALLOWANCE FOR DOUBTFUL ACCOUNTS 190,000. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.