FRIENDS OF THE CHICAGO RIVER

EIN: 363559764 501(c)(3) Arts, Culture & Humanities

CHICAGO, IL

Total Revenue
$2,530,514
Total Expenses
$2,508,550
Total Assets
$2,685,210
Net Assets
$1,596,618
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
IL
Principal Officer
JOHN O'CONNELL
Phone
3129390490
Tax Period
2024-07-01 to 2025-06-30

FRIENDS OF THE CHICAGO RIVER, founded in 1988, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.5M in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum.

Mission

TO PROTECT AND RESTORE THE CHICAGO-CALUMET RIVER SYSTEM FOR ALL PEOPLE, WATER, AND WILDLIFE.

Program Service Accomplishments

Program 1
Expenses: $517,932 Revenue: $75,134

FRIENDS' EDUCATION AND OUTREACH PROGRAMS, SUCH AS THE CHICAGO RIVER SCHOOLS NETWORK AND THE MCCORMICK BRIDGEHOUSE & CHICAGO RIVER MUSEUM, ARE DESIGNED TO FOSTER AWARENESS, INVOLVEMENT, AND A...

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FRIENDS' EDUCATION AND OUTREACH PROGRAMS, SUCH AS THE CHICAGO RIVER SCHOOLS NETWORK AND THE MCCORMICK BRIDGEHOUSE & CHICAGO RIVER MUSEUM, ARE DESIGNED TO FOSTER AWARENESS, INVOLVEMENT, AND A STEWARDSHIP ETHIC.

Program 2
Expenses: $804,781 Revenue: $44,020

FRIENDS' ON THE GROUND PROJECTS SUCH AS THE RESTORATION OF RIVER-EDGE FOREST PRESERVES AND HABITAT DEVELOPMENT PHYSICALLY IMPROVE THE ECOLOGICAL HEALTH OF THE CHICAGO RIVER AND DEMONSTRATE WHAT IS...

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FRIENDS' ON THE GROUND PROJECTS SUCH AS THE RESTORATION OF RIVER-EDGE FOREST PRESERVES AND HABITAT DEVELOPMENT PHYSICALLY IMPROVE THE ECOLOGICAL HEALTH OF THE CHICAGO RIVER AND DEMONSTRATE WHAT IS POSSIBLE IN DEVELOPED AND WILD REACHES OF THE CHICAGO-CALUMET RIVER SYSTEM.

Program 3
Expenses: $653,659 Revenue: $14,258

FRIENDS WORKS THROUGH PUBLIC POLICY AND PLANNING EFFORTS THAT RESULT IN LONG TERM SYSTEMIC RIVER IMPROVEMENTS AND RESILIENCY. THEY INCLUDE A FOCUS ON WATER QUALITY AND HABITAT IMPROVEMENT...

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FRIENDS WORKS THROUGH PUBLIC POLICY AND PLANNING EFFORTS THAT RESULT IN LONG TERM SYSTEMIC RIVER IMPROVEMENTS AND RESILIENCY. THEY INCLUDE A FOCUS ON WATER QUALITY AND HABITAT IMPROVEMENT, RIVER-SENSITIVE RIVERFRONT DEVELOPMENT, AND ESTABLISHING A CONTINUOUS CHICAGO RIVER TRAIL.

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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 $2,301,940
Program Service Revenue $133,412
Investment Income $46,875
Other Revenue $48,287
TOTAL REVENUE $2,530,514

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,671,832
Fundraising Expenses $372,368
Program Expenses $1,976,372
Other Expenses $836,718
TOTAL EXPENSES $2,508,550

Year-over-Year Comparison

2024 2023 Change
Revenue $2,530,514 $1,913,974 +0.3%
Expenses $2,508,550 $2,262,295 +0.1%
Net Income $21,964 $-348,321 -1.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
27
Independent Members
26
Employees
22
Volunteers
5869

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
6
$246,712
Total Directors
27
$246,712
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SALLY FLETCHER PRESIDENT 2.00
Officer Director
$0 $0 $0
CY H GRIFFITH VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
JAMES C MARK JR VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
JACQUELINE LOEWE SECRETARY 2.00
Officer Director
$0 $0 $0
DANIEL KILDUFF TREASURER 2.00
Officer Director
$0 $0 $0
COREY BOSSARD DIRECTOR 2.00
Director
$0 $0 $0
CAMERON BRENSON DIRECTOR 2.00
Director
$0 $0 $0
ADITI CHAKRAVORTY DIRECTOR 2.00
Director
$0 $0 $0
KATHLEEN CHAPPELL DIRECTOR 2.00
Director
$0 $0 $0
CRAIG COIT DIRECTOR 2.00
Director
$0 $0 $0
ADAM COLLINS DIRECTOR 2.00
Director
$0 $0 $0
GRANT CROWLEY DIRECTOR 2.00
Director
$0 $0 $0
LAUREN FLAMANG DIRECTOR 2.00
Director
$0 $0 $0
RYAN CHRISTOPHER GREEN DIRECTOR 2.00
Director
$0 $0 $0
STACEE A HASENBALG DIRECTOR 2.00
Director
$0 $0 $0
WILLIAM R HOOVER DIRECTOR 2.00
Director
$0 $0 $0
HARRY LAMBERTON DIRECTOR 2.00
Director
$0 $0 $0
DANIEL LOEWENSTEIN DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL R MORAN DIRECTOR 2.00
Director
$0 $0 $0
JOHN O'CONNELL DIRECTOR 2.00
Director
$0 $0 $0
BRAD POLLOCK DIRECTOR 2.00
Director
$0 $0 $0
AL SAFRANCK DIRECTOR 2.00
Director
$0 $0 $0
JENNIFER SKOWLUND DIRECTOR 2.00
Director
$0 $0 $0
JO TRAHMS DIRECTOR 2.00
Director
$0 $0 $0
ALEXA WILCOX DIRECTOR 2.00
Director
$0 $0 $0
RICHARD WILSON DIRECTOR 2.00
Director
$0 $0 $0
MARGARET FRISBIE EXECUTIVE DIRECTOR 40.00
Officer Director
$213,938 $32,774 $246,712
ADAM FLICKINGER PLANNING DIRECTOR 40.00
Highest
$108,501 $11,779 $120,280
JOHN QUAIL DIRECTOR OF POLICY AND CONSERVATION 40.00
Highest
$109,750 $18,808 $128,558
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 $2,530,514 $2,508,550 $2,685,210 $21,964
2024 $1,913,974 $2,262,295 $2,715,086 $-348,321
2023 $2,208,984 $2,249,735 $3,088,465 $-40,751
2022 $1,822,157 $2,128,310 $1,960,790 $-306,153
2021 $1,643,887 $1,668,243 $2,312,071 $-24,356
2020 $1,814,289 $1,681,429 $2,283,684 $132,860
2019 $1,924,628 $1,882,449 $2,175,136 $42,179
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