UNITED GERMAN AMERICAN SOCIETITES OF GREATER CHICAGO INC

EIN: 363250535 501(c)(3) Arts, Culture & Humanities

CHICAGO, IL

Total Revenue
$555,923
Total Expenses
$401,892
Total Assets
$2,004,427
Net Assets
$2,004,427
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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
1963
Legal Domicile
IL
Principal Officer
JOSEPH BRADTKE
Phone
7732382031
Tax Period
2024-01-01 to 2024-12-31

UNITED GERMAN AMERICAN SOCIETITES OF GREATER CHICAGO INC, founded in 1963, is a small nonprofit in the Arts, Culture & Humanities sector that reported $333K in total revenue in fiscal year 2018. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $625K exceeded revenue, resulting in a 88% operating deficit.

Mission

TO PROMOTE THE GERMAN HERITAGE

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $370,599
Investment Income $25,752
Other Revenue $159,572
TOTAL REVENUE $555,923

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $300,896
Other Expenses $401,892
TOTAL EXPENSES $401,892

Year-over-Year Comparison

2024 2023 Change
Revenue $555,923 $547,928 +0.0%
Expenses $401,892 $435,490 -0.1%
Net Income $154,031 $112,438 +0.4%
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
19
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
5
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW CROSS DIRECTOR 0.00
Director
$0 $0 $0
ANITA WALTHIER RECORD SEC. 0.00
Director
$0 $0 $0
WILLIAM MILIKER DIRECTOR 0.00
Director
$0 $0 $0
KLAUS LEICHT FIN. SECRETARY 0.00
Director
$0 $0 $0
INGE HIMMEL DIRECTOR 0.00
Director
$0 $0 $0
ALBERT MENDE DIRECTOR 0.00
Director
$0 $0 $0
ANGELA REITER ARCHIVIST 0.00
Director
$0 $0 $0
ALFRED MENDEL DIRECTOR 0.00
Director
$0 $0 $0
GREGORY WOLF DIRECTOR 0.00
Director
$0 $0 $0
LYNDA HOPPE DIRECTOR 0.00
Director
$0 $0 $0
JOSEF MATUSCHKA DIRECTOR 0.00
Director
$0 $0 $0
MARK HOPPE DIRECTOR 0.00
Director
$0 $0 $0
MARIANNA WEHLE DIRECTOR 0.00
Director
$0 $0 $0
DIANA KREWER DIRECTOR 0.00
Director
$0 $0 $0
JOSEF BRADTKE PRESIDENT 0.00
Officer
$0 $0 $0
CAROL HIMMEL 1ST. VICE PRESIDENT 0.00
Officer
$0 $0 $0
PETER KOLB 2ND VICE PRESIDENT 0.00
Officer
$0 $0 $0
ELFRIEDE PETERS PROTOCOL SECRETARY 0.00
Officer
$0 $0 $0
GEORGE RIEG TREASURER 0.00
Officer
$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 $555,923 $401,892 $2,004,427 $154,031
2023 $547,928 $435,490 $1,850,395 $112,438
2022 $301,512 $462,307 $1,737,957 $-160,795
2021 $594,189 $429,448 $1,898,753 $164,741
2020 $203,100 $96,797 $1,771,679 $106,303
2019 $869,871 $450,117 $1,665,376 $419,754
2018 $332,918 $625,362 $1,245,622 $-292,444
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