THE CHICAGO COUNCIL ON GLOBAL AFFAIRS

EIN: 362181969 501(c)(3) International Affairs

CHICAGO, IL

Total Revenue
$10,789,419
Total Expenses
$16,711,419
Total Assets
$30,119,849
Net Assets
$22,677,727
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1922
Legal Domicile
IL
Principal Officer
IVO H DAALDER
Phone
3127263860
Tax Period
2023-01-01 to 2023-12-31

THE CHICAGO COUNCIL ON GLOBAL AFFAIRS, founded in 1922, is a mid-sized nonprofit in the International Affairs sector that reported $10.8M in total revenue in fiscal year 2023. Expenses of $16.7M exceeded revenue, resulting in a 55% operating deficit.

Mission

THE CHICAGO COUNCIL ON GLOBAL AFFAIRS IS AN INDEPENDENT, NONPARTISAN ORGANIZATION THAT (SEE SCH O) PROVIDES INSIGHT ON CRITICAL GLOBAL ISSUES, ADVANCES POLICY SOLUTIONS, AND FOSTERS DIALOGUE ON WHAT IS HAPPENING IN THE WORLD AND WHY IT MATTERS TO PEOPLE IN CHICAGO, THE UNITED STATES, AND AROUND THE GLOBE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,865,613
Program Service Revenue $564,065
Investment Income $3,513,494
Other Revenue $-153,753
TOTAL REVENUE $10,789,419

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,927,167
Fundraising Expenses $3,567,758
Program Expenses $11,106,855
Other Expenses $7,784,252
TOTAL EXPENSES $16,711,419

Year-over-Year Comparison

2023 2022 Change
Revenue $10,789,419 $10,094,617 +0.1%
Expenses $16,711,419 $13,315,685 +0.3%
Net Income $-5,922,000 $-3,221,068 +0.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
91
Independent Members
90
Employees
87
Volunteers
91

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
10
$734,941
Total Directors
85
$734,941
Key Employees
2
$563,034
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
IVO DAALDER PRESIDENT 40.00
Officer Director
$722,255 $12,686 $734,941
BRIAN HANSON VP, STUDIES 40.00
Highest
$285,681 $12,186 $297,867
ROBERT CORDES CONTROLLER 40.00
Key Emp
$169,663 $2,015 $171,678
CATHERINE KING VP, DEVELOPMENT 40.00
Highest
$250,425 $10,049 $260,474
SAMANTHA SKINNER MONROE VP, MARKETING 40.00
Highest
$173,877 $9,810 $183,687
SARAH GILBERT PRESIDENT 40.00
Key Emp
$381,306 $10,050 $391,356
PEGGY YIH MANAGING DIRECTOR, GFAP 40.00
Highest
$179,122 $8,241 $187,363
JULIE MOOS EXECUTIVE EDITOR AND VP OF STUDIOS 40.00
Highest
$183,896 $1,567 $185,463
ADELE SIMMONS BOARD MEMBER 1.00
Director
$0 $0 $0
ALEJANDRO SILVA BOARD MEMBER 1.00
Director
$0 $0 $0
ALEX WASHINGTON BOARD MEMBER 1.00
Director
$0 $0 $0
ANGELO MANIOUDAKIS BOARD MEMBER 1.00
Director
$0 $0 $0
ASHISH LAL BOARD MEMBER 1.00
Director
$0 $0 $0
BARBARA HIGGINS BOARD MEMBER 1.00
Director
$0 $0 $0
BRAD HENDERSON BOARD MEMBER 1.00
Director
$0 $0 $0
BRETT HART VICE CHAIR 2.00
Officer Director
$0 $0 $0
BRUCE BRAUN BOARD MEMBER 1.00
Director
$0 $0 $0
CARLOS CALDERON BOARD MEMBER 1.00
Director
$0 $0 $0
CARYN HARRIS BOARD MEMBER 1.00
Director
$0 $0 $0
CHARLES EVANS BOARD MEMBER 1.00
Director
$0 $0 $0
CHARLES MOORE BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS KEOGH BOARD MEMBER 1.00
Director
$0 $0 $0
CLARE MUNANA BOARD MEMBER 1.00
Director
$0 $0 $0
CRAIG DUCHOSSOIS BOARD MEMBER 1.00
Director
$0 $0 $0
CRAIG MARTIN BOARD MEMBER 1.00
Director
$0 $0 $0
DARREN ZEIDEL BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID JACOBSON BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID REYES VICE CHAIR 2.00
Officer Director
$0 $0 $0
DAVID VITALE BOARD MEMBER 1.00
Director
$0 $0 $0
DECKER WALKER BOARD MEMBER 1.00
Director
$0 $0 $0
DONALD COOKE BOARD MEMBER 1.00
Director
$0 $0 $0
DORRI MCWHORTER BOARD MEMBER 1.00
Director
$0 $0 $0
DOUG PERTZ BOARD MEMBER 1.00
Director
$0 $0 $0
DOUGLAS DOETSCH SECRETARY 2.00
Officer Director
$0 $0 $0
EDUARDO ALVAREZ BOARD MEMBER 1.00
Director
$0 $0 $0
ENDY ZEMENIDES BOARD MEMBER 1.00
Director
$0 $0 $0
ERIC WHITAKER BOARD MEMBER 1.00
Director
$0 $0 $0
EVELYN DIAZ BOARD MEMBER 1.00
Director
$0 $0 $0
FABRIZIO VALENTINI BOARD MEMBER 1.00
Director
$0 $0 $0
FAY HARTOG-LEVIN BOARD MEMBER 1.00
Director
$0 $0 $0
FRANCESCA DEBIASE BOARD MEMBER 1.00
Director
$0 $0 $0
GREG MORRIS BOARD MEMBER 1.00
Director
$0 $0 $0
HEATHER RUSSELL BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES SPRAYREGEN BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF NEAL BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER SCANLON VICE CHAIR 2.00
Officer Director
$0 $0 $0
JOANN SEAGREN BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN DEBLASIO BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN ETTELSON CHAIR 2.00
Officer Director
$0 $0 $0
JOHN MADIGAN BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN MANLEY BOARD MEMBER 1.00
Director
$0 $0 $0
JOSE LUIS PRADO BOARD MEMBER 1.00
Director
$0 $0 $0
JOSH HALE BOARD MEMBER 1.00
Director
$0 $0 $0
JUSTIN BANDY BOARD MEMBER 1.00
Director
$0 $0 $0
KAREN GRAY-KREHBIEL BOARD MEMBER 1.00
Director
$0 $0 $0
KATHERINE BAICKER BOARD MEMBER 1.00
Director
$0 $0 $0
KAY TORSHEN BOARD MEMBER 1.00
Director
$0 $0 $0
KIM KEYWELL BOARD MEMBER 1.00
Director
$0 $0 $0
LESTER CROWN CHAIR EMERITUS 2.00
Officer Director
$0 $0 $0
LOU SUSMAN BOARD MEMBER 1.00
Director
$0 $0 $0
MARGOT PRITZKER BOARD MEMBER 1.00
Director
$0 $0 $0
MARILYN DIAMOND BOARD MEMBER 1.00
Director
$0 $0 $0
MARK WILLIAMS BOARD MEMBER 1.00
Director
$0 $0 $0
MARY DWYER BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL AMIRIDIS BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL FROY BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL MOSKOW VICE CHAIR 2.00
Officer Director
$0 $0 $0
MICHAEL WERNER BOARD MEMBER 1.00
Director
$0 $0 $0
OLUFUNMILAYO OLOPADE BOARD MEMBER 1.00
Director
$0 $0 $0
PAUL FINNEGAN BOARD MEMBER 1.00
Director
$0 $0 $0
PAUL SCHICKLER BOARD MEMBER 1.00
Director
$0 $0 $0
PIN NI BOARD MEMBER 1.00
Director
$0 $0 $0
QUINTIN PRIMO BOARD MEMBER 1.00
Director
$0 $0 $0
RAGHURAM RAJAN BOARD MEMBER 1.00
Director
$0 $0 $0
RAJ FERNANDO BOARD MEMBER 1.00
Director
$0 $0 $0
REBECCA KNIGHT BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD COOPER BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD EDELMAN BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD PORTER BOARD MEMBER 1.00
Director
$0 $0 $0
RICK WADDELL BOARD MEMBER 1.00
Director
$0 $0 $0
SAM BARNETT BOARD MEMBER 1.00
Director
$0 $0 $0
SAM SCOTT CHAIR EMERITUS 2.00
Officer Director
$0 $0 $0
SANJAY RISHI BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT SANTI BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE CRUISE BOARD MEMBER 1.00
Director
$0 $0 $0
STEVEN KOCH TREASURER 2.00
Officer Director
$0 $0 $0
SUSAN MORRISON BOARD MEMBER 1.00
Director
$0 $0 $0
TOM WYLER BOARD MEMBER 1.00
Director
$0 $0 $0
WANJI WALCOTT BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM DALEY BOARD MEMBER 1.00
Director
$0 $0 $0
XUAN FU BOARD MEMBER 1.00
Director
$0 $0 $0
ZACH EGAN BOARD MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $10,789,419 $16,711,419 $30,119,849 $-5,922,000
2022 $10,094,617 $13,315,685 $37,048,491 $-3,221,068
2021 $8,510,875 $11,463,179 $40,337,012 $-2,952,304
2020 $10,215,059 $12,453,168 $41,634,830 $-2,238,109
2019 $24,020,186 $17,340,518 $36,586,592 $6,679,668
2018 $20,978,928 $16,873,096 $30,612,875 $4,105,832
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