LEADERSHIP GREATER CHICAGO

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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

1983

Legal Domicile

Principal Officer

DAVID TROPP

Phone

3125650300

Tax Period

2023-07-01 to 2024-06-30

LEADERSHIP GREATER CHICAGO, founded in 1983, is a community nonprofit in the Public & Societal Benefit sector that reported $2.2M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year.

Mission

TO ENHANCE THE QUALITY OF THE CHICAGO METROPOLITAN AREA'S FUTURE LEADERS IN WHOM THE COMMUNITY WILL VEST RESPONSIBILITY FOR ITS WELL BEING.

Program Service Accomplishments

Program 1

Expenses: $1,039,211 Revenue: $1,365,000

THE YEAR-LONG SIGNATURE FELLOWS PROGRAM IS A CIVIC LEADERSHIP DEVELOPMENT PROGRAM IMMERSING PARTICIPANTS WHO REPRESENT ALL SECTORS AND HAVE BEEN NOMINATED AND SPONSORED BY THEIR EMPLOYER IN THE MAJOR SOCIOECONOMIC ISSUES FACING THE CITY OF CHICAGO AND THE GREATER CHICAGO REGION THROUGH RETREATS, FULL-DAY SEMINARS, SITE VISITS, DISCUSSION GROUPS, CONVERSATIONS WITH LEADERS AND EXPERTS, SERVICE PROJECTS, AND CULTURAL EVENTS, FELLOWS SEEK TO BETTER UNDERSTAND HOW DECISIONS ARE MADE, HOW COMPLEX POLICIES ARE SHAPED, AND HOW TO INFLUENCE MEANINGFUL CHANGE. THE DANIEL BURNHAM FELLOWSHIP WAS LAUNCHED IN FEBRUARY 2019. THIS EXCLUSIVE PROGRAM IS AN ACCELERATED CIVIC ONBOARDING EXPERIENCE FOR SENIOR EXECUTIVES, DESIGNED TO INSPIRE THESE LEADERS TO MOBILIZE AND EXERT THEIR COMBINED INFLUENCE AND INTELLECT TO POSITIVELY IMPACT CHICAGO, ITS FUTURE, AND THE CONTINUED ECONOMIC PROGRESS OF THE REGION. THE FELLOWSHIP IS FOR C-SUITE OR SENIOR LEVEL EXECUTIVES WHO ARE NEW TO THEIR ROLE OR NEW TO CHICAGO, AND WHO WANT TO INTEGRATE INTO THE CIVIC FABRIC OF THE CITY BY UNDERSTANDING ITS HISTORY AND FUTURE TRAJECTORY, BUILDING RELATIONSHIPS AND NETWORKS ACROSS THE GREATER CHICAGO REGION, AND GAINING A DEEPER UNDERSTANDING OF THE CITY, ITS NETWORKS, AND THE BUSINESS COMMUNITY.

Program 2

Expenses: $535,593

THE LEADERSHIP FELLOWS ASSOCIATION (LFA) CONSISTS OF REPRESENTATIVES FROM EVERY LEADERSHIP GREATER CHICAGO FELLOWS CLASS (1985 TO PRESENT) - THAT IS CHARGED WITH FOSTERING THE ENGAGEMENT OF FELLOWS AFTER THEIR PROGRAM YEAR. THIS ENGAGEMENT IS ACCOMPLISHED THROUGH EDUCATION, SOCIAL, AND PHILANTHROPIC ACTIVITIES SHAPED BY THE CONVENE, CONNECT AND MOBILIZE COMMITTEES OF THE ORGANIZATION AND SUPPORTED BY THE PROFESSIONAL STAFF AT THE ORGANIZATION.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $381,146

Program Service Revenue $1,365,000

Investment Income $99,382

Other Revenue $357,859

TOTAL REVENUE $2,203,387

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,232,427

Fundraising Expenses $332,085

Program Expenses $1,574,804

Other Expenses $1,047,637

TOTAL EXPENSES $2,280,064

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,203,387	$2,380,653	-0.1%
Expenses	$2,280,064	$2,368,669	0.0%
Net Income	$-76,677	$11,984	-7.4%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

130

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

$382,906

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELLE STOHLMEYER RUSSELL	DIRECTOR	1.00	Director	$0	$0	$0
DAVID TROPP	TREASURER	1.00	Officer Director	$0	$0	$0
MIKE ANDOLINA	DIRECTOR	1.00	Director	$0	$0	$0
KATHLEEN CARROLL	EXECUTIVE COMMITTEE MEMBER - PAST	1.00	Director	$0	$0	$0
DENISE POOLE	DIRECTOR	1.00	Director	$0	$0	$0
LARRY SEROTA	EXECUTIVE COMMITTEE MEMBER	1.00	Officer Director	$0	$0	$0
RODRIGO SIERRA	EXECUTIVE COMMITTEE MEMBER	1.00	Officer Director	$0	$0	$0
MICHAEL SMALL	EXECUTIVE COMMITTEE MEMBER - PAST	1.00	Director	$0	$0	$0
PATRICK WHITESIDE	EXECUTIVE COMMITTEE MEMBER	1.00	Officer Director	$0	$0	$0
TERESA HARMON	DIRECTOR - PAST	1.00	Director	$0	$0	$0
CONNIE LINDSEY	DIRECTOR - PAST	1.00	Director	$0	$0	$0
JOSHUA MILBERG	DIRECTOR	1.00	Director	$0	$0	$0
CINDY MOELIS	DIRECTOR	1.00	Director	$0	$0	$0
TRACIE MORRIS	DIRECTOR - PAST	1.00	Director	$0	$0	$0
SEEMA PAJULA	DIRECTOR - PAST	1.00	Director	$0	$0	$0
MATTHEW PRIMACK	EXECUTIVE COMMITTEE MEMBER	1.00	Officer Director	$0	$0	$0
LOIS SCOTT	DIRECTOR	1.00	Director	$0	$0	$0
LUCINO SOTELO	DIRECTOR	1.00	Director	$0	$0	$0
ANDRES TAPIA	DIRECTOR	1.00	Director	$0	$0	$0
CEDRIC THURMAN	DIRECTOR	1.00	Director	$0	$0	$0
MANIKA TURNBULL	EXECUTIVE COMMITTEE MEMBER	1.00	Officer Director	$0	$0	$0
DAVID VITALE	DIRECTOR	1.00	Director	$0	$0	$0
MELISSA WASHINGTON	CHAIR	1.00	Director	$0	$0	$0
LEIF ELSMO	EX OFFICIO - PAST	1.00	Director	$0	$0	$0
ADOLFO HERNANDEZ	EXECUTIVE COMMITTEE MEMBER	1.00	Officer Director	$0	$0	$0
JOHN ROBAK	EXECUTIVE COMMITTEE MEMBER	1.00	Officer Director	$0	$0	$0
STACEY BOLTON	DIRECTOR	1.00	Director	$0	$0	$0
DAMION HERON	DIRECTOR	1.00	Director	$0	$0	$0
SANDEEP NAIN	DIRECTOR	1.00	Director	$0	$0	$0
KRISTEN SEEGER	DIRECTOR	1.00	Director	$0	$0	$0
ANN MARIE WRIGHT	DIRECTOR	1.00	Director	$0	$0	$0
ANN BRINKMAN	CHIEF OPERATING OFFICER - PAST	20.00	Officer	$227,437	$21,396	$248,833
MYETIE HAMILTON	CHIEF EXECUTIVE OFFICER	40.00	Officer	$132,573	$1,500	$134,073
MIJIN PARK	CHIEF OF STAFF	40.00	Officer	$0	$0	$0
MARIA WYNNE	CHIEF EXECUTIVE OFFICER - FORMER	0.00		$478,599	$22,611	$501,210

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	$2,203,387	$2,280,064	$4,664,177	$-76,677
2023	$2,380,653	$2,368,669	$4,183,225	$11,984
2022	$3,036,444	$1,757,555	$3,720,417	$1,278,889
2021	$2,316,739	$1,495,469	$2,863,395	$821,270
2020	$1,922,718	$1,763,824	$1,925,289	$158,894
2019	$1,679,730	$1,536,406	$1,809,137	$143,324
2018	$1,359,245	$1,355,304	$1,534,365	$3,941