CHICAGO FIRE DEPARTMENT FOUNDATION

EIN: 455005192 501(c)(3) Public Safety

CHICAGO, IL

Total Revenue
$340,448
Total Expenses
$371,140
Total Assets
$1,145,513
Net Assets
$1,066,214
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
IL
Principal Officer
RAY OROZCO
Phone
3126630222
Tax Period
2023-01-01 to 2023-12-31

CHICAGO FIRE DEPARTMENT FOUNDATION, founded in 2012, is a small nonprofit in the Public Safety sector that reported $340K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Net assets of $1.1M represent 38 months of operating reserves.

Mission

THE CFD FOUNDATION SUPPORTS THE CRITICAL LIFESAVING WORK OF THE CHICAGO FIRE DEPARTMENT. SEE SCHEDULE O.THE FOUNDATION WILL WORK COLLABORATIVELY WITH THE FIRE DEPARTMENT AND ITS MEMBERS TO SUPPORT ITS MOST CRUCIAL PRIORITIES; TO REDUCE FIREFIGHTER, PARAMEDIC, AND CIVILIAN DEATHS AND INJURY. THE FOUNDATION WILL SUPPORT CFD INITIATIVES FOR EDUCATION, FIRE PREVENTION, TRAINING AND EQUIPMENT NEEDS THAT ARE NOT FUNDED THROUGH CITY, STATE OR FEDERAL BUDGETS. THE FOUNDATION WILL ASSIST THE FIREFIGHTERS/PARAMEDICS AND THEIR FAMILIES IN TIME OF NEED.

Program Service Accomplishments

Program 1
Expenses: $129,197

FIRE SAFETY EDUCATION - PROVIDES PROGRAMS/FUNDING TO THE CFD TO EDUCATE, INFORM AND INVOLVE THE PUBLIC IN PROTECTING LIFE AND PROPERTY IN THE EVENT OF EMERGENCY. THE FOUNDATION, THROUGH THE...

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FIRE SAFETY EDUCATION - PROVIDES PROGRAMS/FUNDING TO THE CFD TO EDUCATE, INFORM AND INVOLVE THE PUBLIC IN PROTECTING LIFE AND PROPERTY IN THE EVENT OF EMERGENCY. THE FOUNDATION, THROUGH THE STATE-OF-THE-ART VIRTUAL REALITY EDUCATION PROGRAM, PROVIDES CHICAGO AREA PUBLIC AND PRIVATE SCHOOLS STUDENTS WITH FIRE SAFETY EDUCATION AND SAFETY. IN 2023 HUNDREDS OF SCHOOL AGE CHILDREN IN CHICAGO COMPLETED THE VIRTUAL REALITY SAFETY AND EDUCATION PROGRAM.

Program 2
Expenses: $103,261

LODD AND HEROES PROGRAM - ASSISTS THE FAMILIES OF FIREFIGHTERS AND PARAMEDICS IN TIMES OF NEED. LODD AND HEROES PROGRAMS PROVIDE BURIAL ASSISTANCE, PIPES AND DRUMS FOR FUNERAL PROCESSIONS, AND...

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LODD AND HEROES PROGRAM - ASSISTS THE FAMILIES OF FIREFIGHTERS AND PARAMEDICS IN TIMES OF NEED. LODD AND HEROES PROGRAMS PROVIDE BURIAL ASSISTANCE, PIPES AND DRUMS FOR FUNERAL PROCESSIONS, AND SCHOLARSHIP FUNDS TO THE CHILDREN OF FALLEN HEROES. DURING 2023, THE FOUNDATION PROVIDED SUPPORT TO FOUR (4) LINE OF DUTY DEATH FAMILIES. THE FOUNDATION ALSO PROVIDED SUPPORT FOR THE FAMILIES OF 9 ACTIVE CHICAGO FIRE DEPARTMENT MEMBERS WHO PASSED AWAY IN 2023. WE PROVIDED BACK-TO-SCHOOL SCHOLARSHIPS FOR 16 FAMILIES AND 36 CHILDREN OF LINE OF DUTY DEATH FAMILIES AND ACTIVE FIRE DEPARTMENT MEMBERS WHO PASSED AWAY DURING THE PAST YEARS.

Program 3
Expenses: $55,205

ADVOCACY AND DONATIONS - ASSISTS IN RESEARCH AND DEVELOPMENT THAT INCREASES THE SAFETY OF ALL PERSONNEL OPERATING ON THE FIREGROUND AS WELL AS CIVILIANS EXPOSED TO THE INCIDENT. THE PROGRAM ALSO...

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ADVOCACY AND DONATIONS - ASSISTS IN RESEARCH AND DEVELOPMENT THAT INCREASES THE SAFETY OF ALL PERSONNEL OPERATING ON THE FIREGROUND AS WELL AS CIVILIANS EXPOSED TO THE INCIDENT. THE PROGRAM ALSO PROVIDES FIRE AND CO ALARMS TO LOW-INCOME FAMILIES, AND DONATIONS TO CHARITIES THAT PROVIDE SERVICES AND SUPPORT TO THE CHICAGO FIRE DEPARTMENT. APPROXIMATELY 2,700 FIRE AND CO ALARMS WERE DISTRIBUTED TO LOW-INCOME FAMILIES THROUGH 6 FOOD PANTRIES AND SENIOR CITIZEN CENTERS ACROSS CHICAGO NEIGHBORHOODS.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $365,668
Program Service Revenue $0
Investment Income $21,343
Other Revenue $-46,563
TOTAL REVENUE $340,448

Expense Breakdown

Grants Paid $121,377
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $300,180
Other Expenses $249,763
TOTAL EXPENSES $371,140

Year-over-Year Comparison

2023 2022 Change
Revenue $340,448 $369,589 -0.1%
Expenses $371,140 $286,820 +0.3%
Net Income $-30,692 $82,769 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
16

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
4
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAY OROZCO PRESIDENT 5.00
Officer Director
$0 $0 $0
CHRIS HASBROOK TREASURER (END 10/23), BOARD MEMBER 5.00
Officer Director
$0 $0 $0
DAVID DAHLQUIST SECRETARY (END 03/23), BOARD MEMBER 1.00
Officer Director
$0 $0 $0
DAN GIBBONS BOARD MEMBER 5.00
Director
$0 $0 $0
MATT REVORD BOARD MEMBER 1.00
Director
$0 $0 $0
ED TWOHEY BOARD MEMBER 1.00
Director
$0 $0 $0
ALEX HOUSTEN BOARD MEMBER 1.00
Director
$0 $0 $0
JOE SCIARROTTA BOARD MEMBER 1.00
Director
$0 $0 $0
LORI HEALEY BOARD MEMBER 1.00
Director
$0 $0 $0
MATT GAMBS BOARD MEMBER 1.00
Director
$0 $0 $0
TERRY PETERSON BOARD MEMBER 1.00
Director
$0 $0 $0
ALLYSON COGLIANESE BOARD MEMBER 1.00
Director
$0 $0 $0
RICARDO NAVARRETE TREASURER(START 10/23), BOARD MEMBER 1.00
Officer Director
$0 $0 $0
SHARON DESH BOARD MEMBER (START 3/23) 1.00
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 No data No data No data No data
2023 $340,448 $371,140 $1,145,513 $-30,692
2022 $369,589 $286,820 $1,131,246 $82,769
2021 $242,932 $238,551 $1,074,212 $4,381
2020 $338,609 $311,885 $1,039,606 $26,724
2019 $515,429 $579,153 $475,121 $-63,724
2018 $428,961 $102,992 $538,845 $325,969
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