Chicago Federation of Labor Workforce and Community Initiative

EIN: 363977262 501(c)(3) Employment

Chicago, IL

Total Revenue
$3,725,019
Total Expenses
$3,784,175
Total Assets
$1,310,954
Net Assets
$511,706
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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
1994
Legal Domicile
IL
Principal Officer
Robert G Reiter Jr
Phone
3125659561
Tax Period
2024-07-01 to 2025-06-30

Chicago Federation of Labor Workforce and Community Initiative, founded in 1994, is a community nonprofit in the Employment sector that reported $3.7M in total revenue in fiscal year 2024.

Mission

To engage working men and women, and the community at large, in order to improve health, income, and education. The organization's services are substantially supported through funding from governmental units or direct contributions from the general public.

Program Service Accomplishments

Program 1
Expenses: $2,000,568

The Employer Training Investment Program (ETIP), funded by the Illinois department of commerce and economic opportunity, helps keep Illinois workers' skills in pace with new technologies and business...

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The Employer Training Investment Program (ETIP), funded by the Illinois department of commerce and economic opportunity, helps keep Illinois workers' skills in pace with new technologies and business practices, which, in turn, helps businesses increase productivity, reduce costs, improve quality, and boost competitiveness. ETIP grants can reimburse Illinois companies for up to 50 percent of the cost of training their employees.

Program 2
Expenses: $624,466

Career counseling and occupational skills training funded by the Chicago cook county workforce partnership. Services are provided to individuals who are eligible as a dislocated worker or displaced...

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Career counseling and occupational skills training funded by the Chicago cook county workforce partnership. Services are provided to individuals who are eligible as a dislocated worker or displaced homemaker as definded under the WIOA regulations. This includes a broad group of individuals from a variety of backgrounds. Assisting individuals with obtaining sustainable employment.

Program 3
Expenses: $236,877

Services are provided to individuals 18 + seeking employment who meet the eligibility requirements as defined under the WIOA regulations. Target populations include but are not limited to unemployed...

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Services are provided to individuals 18 + seeking employment who meet the eligibility requirements as defined under the WIOA regulations. Target populations include but are not limited to unemployed, under-employed, low income, public assistance recipients, homeless, justice-involved, New Americans, refugees, and basic skills deficient. The purpose of the services to assist individuals with obtaining sustainable employment. Business services are also provided to employers seeking to hire and train individuals from target populations. These include but are not limited to recruitment, screening, referral to partners and other resources, referrals of job candidates.

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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 $3,820,191
Program Service Revenue $0
Investment Income $0
Other Revenue $-95,172
TOTAL REVENUE $3,725,019

Expense Breakdown

Grants Paid $2,101,967
Salaries & Benefits $1,216,725
Fundraising Expenses $11,203
Program Expenses $3,494,968
Other Expenses $465,483
TOTAL EXPENSES $3,784,175

Year-over-Year Comparison

2024 2023 Change
Revenue $3,725,019 $3,698,955 +0.0%
Expenses $3,784,175 $3,712,486 +0.0%
Net Income $-59,156 $-13,531 +3.4%
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
7
Independent Members
5
Employees
16
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
3
$828,164
Total Directors
7
$736,729
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Robert G Reiter Jr Chairman 0.50
Officer Director
$0 $98,390 $426,651
Don V Villar Secretary/Treasurer 0.50
Officer Director
$0 $67,664 $294,578
James P Connolly Member 0.50
Director
$0 $0 $5,500
Judith Conway Member 0.50
Director
$0 $0 $0
Rosetta Daylie Member 0.50
Director
$0 $0 $4,500
Matthew Hynes Member 0.50
Director
$0 $0 $0
Karen Kent Member 0.50
Director
$0 $0 $5,500
Jay Rowell Executive Director 40.00
Officer
$60,191 $46,744 $106,935
Teresa Balaszek Senior Accountant 40.00
Highest
$103,716 $59,615 $163,331
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 $3,725,019 $3,784,175 $1,310,954 $-59,156
2024 No data No data No data No data
2023 $3,548,922 $3,573,098 $1,237,994 $-24,176
2022 $2,864,981 $2,703,239 $1,174,861 $161,742
2021 $3,277,927 $3,024,536 $1,652,768 $253,391
2020 $3,696,314 $3,566,787 $1,973,386 $129,527
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