CHICAGO REGIONAL GROWTH CORPORATION (EIN 823570310) - Form 990 Financial Analysis & Trantor Score

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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

2018

Legal Domicile

Principal Officer

JAMES ROOLF

Phone

3125895789

Tax Period

2019-01-01 to 2019-12-31

CHICAGO REGIONAL GROWTH CORPORATION, founded in 2018, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2018. The organization ran a surplus of $554K, a strong 55% operating margin.

Mission

CRGC IS A REGIONAL ECONOMIC DEVELOPMENT ORGANIZATION THAT DRIVES COLLABORATION BETWEEN PUBLIC AND PRIVATE PARTNERS TO GENERATE INCLUSIVE GROWTH AND PROSPERITY ACROSS NORTHEASTERN ILLINOIS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $425,000

Program Service Revenue $9,477

Investment Income $457

Other Revenue $0

TOTAL REVENUE $434,934

Expense Breakdown

Grants Paid $0

Salaries & Benefits $341,905

Fundraising Expenses $23,804

Program Expenses $542,113

Other Expenses $259,714

TOTAL EXPENSES $601,619

Year-over-Year Comparison

	2019	2018	Change
Revenue	$434,934	$1,014,930	-0.6%
Expenses	$601,619	$461,287	+0.3%
Net Income	$-166,685	$553,643	-1.3%

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

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

$165,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIM ROOLF	CHAIR	2.00	Officer Director	$0	$0	$0
LAUREN C CODY	VICE CHAIR	2.00	Officer Director	$0	$0	$0
ALBERTO PARACCHINI	TREASURER	2.00	Officer Director	$0	$0	$0
KEVIN CONSIDINE	SECRETARY	2.00	Officer Director	$0	$0	$0
STEVEN DAVIS	MEMBER	1.00	Director	$0	$0	$0
DEREK DOUGLAS	MEMBER	1.00	Director	$0	$0	$0
JOHN GREULING	MEMBER	1.00	Director	$0	$0	$0
SCOTT KOEPPEL	MEMBER	1.00	Director	$0	$0	$0
JIM MCCONOUGHEY	MEMBER	1.00	Director	$0	$0	$0
MICHAEL MOSKOW	MEMBER	1.00	Director	$0	$0	$0
GREG BEDALOV	MEMBER	1.00	Director	$0	$0	$0
XOCHITL FLORES	MEMBER	1.00	Director	$0	$0	$0
MARK VANKERKHOFF	MEMBER	1.00	Director	$0	$0	$0
ANDREA ZOPP	MEMBER	1.00	Director	$0	$0	$0
ANEESA MUTHANA	MEMBER	1.00	Director	$0	$0	$0
THOMAS HULSEMAN	EXECUTIVE DIRECTOR	40.00	Officer	$165,000	$0	$165,000

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
2019	$434,934	$601,619	$480,665	$-166,685
2018	$1,014,930	$461,287	$650,518	$553,643

CHICAGO REGIONAL GROWTH CORPORATION