Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2015.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
31 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
22 people listed on the 990; $378K paid to officers and key staff.
Maria Doughty’s $424K as President & CEO is at the 94th percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 3 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Maria Doughty | $424,000 | $415,000 | $389,000 | $378,250 | $239,236 | — |
| Kate Bensen | — | — | — | — | — | $365,000 |
| Katharine Bensen | — | — | — | — | $113,496 | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Educates people on advancing women in the workplace.
Questions for The Chicago Network INC
Your first name shows with your question. The Chicago Network INC answers here, for everyone.
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Launchpad
The Chicago Network's mission is to connect with each other for personal and professional growth, advance our civic, business, and philanthropic communities, and inspire and support the next generation. Launchpad Women's Leadership Summit is one of our cornerstone initiatives to advance the next generation.
Equity Principles Campaign
The Chicago Network Equity Principles Campaign aims to achieve 50% representation of women in leadership positions across organizations throughout Chicagoland by 2030. With a purpose of empowering women to lead, The Chicago Network is uniquely positioned to lead a campaign for gender equity in the workplace.
Woman in Forefront Luncheon (wifl)
This is The Network's Hallmark event. This annual luncheon, open to members and non-members alike, features keynote speakers discussing their experiences and achievements.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $752K | $994K |
| InvestmentsLn 11–13 | $1.4M | $1.2M |
| Land, buildings, equipmentLn 10c | $116K | $80K |
| Total assetsLn 16 | $2.4M | $2.4M |
| LiabilitiesLn 26 | $635K | $560K |
| Net assetsLn 32 | $1.8M | $1.9M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $415K | $120K | $218K | $78K |
| Other salaries and wagesLn 7 | $171K | $46K | $94K | $31K |
| Pension plan contributionsLn 8 | $6 | $6 | ||
| Other employee benefitsLn 9 | $29K | $8K | $16K | $5K |
| Payroll taxesLn 10 | $28K | $8K | $15K | $5K |
| Accounting feesLn 11c | $59K | $59K | ||
| Investment management feesLn 11f | $10K | $10K | ||
| Other fees for servicesLn 11g | $57K | $32K | $25K | |
| Advertising and promotionLn 12 | $594 | $594 | ||
| Office expensesLn 13 | $31K | $24 | $21K | $10K |
| Information technologyLn 14 | $19K | $19K | ||
| OccupancyLn 16 | $108K | $29K | $59K | $19K |
| TravelLn 17 | $13K | $1K | $11K | $876 |
| Conferences, conventions and meetingsLn 19 | $92K | $80K | $11K | |
| Depreciation, depletion and amortizationLn 22 | $39K | $11K | $21K | $7K |
| InsuranceLn 23 | $7K | $7K | ||
| Other expenses (24a–d)Ln 24 | $20K | $3K | $15K | $2K |
| Total functional expensesLn 25 | $1.1M | $337K | $603K | $158K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 LatestFiled with the IRS Feb 3, 2026 | $1.7M | $1.4M | $293K | $2.9M | 990 PDF |
| FY2024Filed with the IRS Apr 29, 2025 | $1.6M | $1.3M | $210K | $2.5M | 990 PDF |
| FY2023Filed with the IRS Mar 26, 2024 | $1.5M | $1.2M | $302K | $2.2M | 990 PDF |
| FY2022 ViewingFiled with the IRS Apr 27, 2023 | $1.4M | $1.1M | $302K | $1.9M | 990 PDF |
| FY2021Filed with the IRS May 4, 2022 | $2.1M | $1.1M | $1000K | $1.8M | 990 PDF |
| FY2020Filed with the IRS Apr 29, 2021 | $480K | $1.4M | −$907K | $657K | 990 PDF |
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Schedules filed Part IV
See the full FY2022 990 (6 parts)
Part I · Summary $1,399,879 revenue, 12 lines filed
Part VI · Governance 21 of 21 board members independent, no flags
Part VIII · Statement of revenue $1,399,879 across 9 lines filed
Part IX · Statement of functional expenses $1,098,306 across 17 lines filed
Part X · Balance sheet $2,416,958 assets, 17 lines filed
Part XI · Reconciliation of net assets $1,856,955 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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