THE LAWYERS CLUB OF CHICAGO

EIN: 363094444 Unknown

CHICAGO, IL

Total Revenue
$15,705
Total Expenses
$18,661
Total Assets
$26,402
Net Assets
$26,402
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
IL
Principal Officer
DEIDRE BAUMANN
Phone
3128325156
Tax Period
2023-07-01 to 2024-06-30

THE LAWYERS CLUB OF CHICAGO, founded in 2000, is a micro nonprofit in the Unknown sector that reported $16K in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. Expenses of $19K exceeded revenue, resulting in a 19% operating deficit.

Mission

THE PRIMARY EXEMPT PURPOSE FOR WHICH THE LAWYERS CLUB OF CHICAGO IS ORGANIZED ARE (1)TO ADVANCE THE CONDITION OF THE LAW AND INTERESTS OF PRACTITIONERS IN THE CITY OF CHICAGO THROUGH SOCIAL INTERACTION AND TOLERANT DISCUSSION OF QUESTIONS OF LAW AND PRACTICE AND (2) TO PROMOTE REFORM IN THE LAW, FACILITATE THE ADMINISTRATION OF JUSTICE, ELEVATE THE STANDARD OF INTEGRITY, HONOR AND COURTESY IN THE LEGAL PROFESSION AND CHERISH THE SIPRIT OF CAMARADERIE AMONG THE MEMBERS THEREOF. THE ORGANIZATION'S MEETINGS AND THE PAPERS READ AND DISCUSSIONS HELD AT THE MEETINGS, WHICH ARE FUNDED BY DUES AND ASSESSMENTS, CONSTITUTE THE MEANS BY WHICH THE ORGANIZATION ACCOMPLISHES ITS EXEMPT PURPOSE.

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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 $5,535
Program Service Revenue $10,170
Investment Income $0
Other Revenue $0
TOTAL REVENUE $15,705

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $18,661
TOTAL EXPENSES $18,661

Year-over-Year Comparison

2023 2022 Change
Revenue $15,705 $19,322 -0.2%
Expenses $18,661 $21,704 -0.1%
Net Income $-2,956 $-2,382 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
2
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEIDRE BAUMANN PRESIDENT N/A
Officer Director
$0 $0 $0
EMIL KHATCHATOURIAN SECRETARY/TR N/A
Officer Director
$0 $0 $0
MAUREEN C MULLEN PAST PRESIDE N/A
Director
$0 $0 $0
JUDGE NICHOLE C PATTON DIRECTOR N/A
Director
$0 $0 $0
STEVEN HOLTKAMP DIRECTOR N/A
Director
$0 $0 $0
LINTON J CHILDS DIRECTOR N/A
Director
$0 $0 $0
ROWE W SNIDER DIRECTOR N/A
Director
$0 $0 $0
JUDGE SANJAY T TAILOR DIRECTOR N/A
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
2025 No data No data No data No data
2024 $15,705 $18,661 $26,402 $-2,956
2023 $19,322 $21,704 $29,358 $-2,382
2022 $20,260 $20,510 $31,740 $-250
2021 $15,250 $14,102 $31,990 $1,148
2020 $27,852 $22,971 $30,842 $4,881
2019 $35,707 $28,152 $25,961 $7,555
2018 $38,060 $52,335 $18,406 $-14,275
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