Chicago Chesed Fund INC FY2020 filing

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To raise and distribute funds, goods, food and assistance to the poverty-stricken in the jewish community

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
$113K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $1.0M a year · 12% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$113K
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
9 mo
of spending, in cash
Looks good: 9.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $22K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$95K
0.9% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$7.6M
Spent
$5.2M
To programs
89%
Net assets
$10.4M
By yearFY2020–FY2024
Revenue
$7.6M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$7.6M
FY2021$8.2M
FY2022$9.1M
FY2023$9.2M
FY2024$9.2M
Expenses
$5.2M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$5.2M
FY2021$5.9M
FY2022$7.8M
FY2023$8.8M
FY2024$10.3M
Net assets
$10.4M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$10.4M
FY2021$12.7M
FY2022$13.5M
FY2023$14.0M
FY2024$12.9M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1991.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $4.6M Management & general 9% · $465K Fundraising 2% · $103K

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

4 people listed on the 990; $113K paid to officers and key staff.

Part VII, Section A · reportable compensation
$112,663Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

David Gendel’s $150K as Development Manager is at the 73rd percentile of top reported officer pay among 3868 $1–10M human services 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
David Gendel$150,000$150,000$150,000——
Joseph Fuerst$52,000$102,000$102,000$102,000$112,663

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.

See Chicago Chesed Fund INC executive salaries →

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

Provides funds, goods, food, and assistance to Jewish individuals and families facing poverty.

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1 program · $4.6M · in their own filed words · FY2020
01

Assisting the poor and indigent by supplying food, clothing and monetary assistance to the poverty stricken in the jewish community

$4.6Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 3 funders$22K
See all 3 funders →
Grants paid · 117 grants · $27.9M · 2020–2024
Unitemized GrantFY2024$4,089,022
Unitemized GrantFY2024$1,023,650
Unitemized GrantFY2024$652,130
Unitemized GrantFY2024$363,312
Unitemized GrantFY2024$355,980
Unitemized GrantFY2024$220,911
Unitemized GrantFY2024$167,969
Unitemized GrantFY2024$83,151
Unitemized GrantFY2024$46,199
Unitemized GrantFY2024$32,662
Unitemized GrantFY2024$30,269
Neimas Bais Yaakov INCNJ · FY2024$24,000
Yotzer Ohr INCFL · FY2024$12,000
See all 117 grants →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$7.6M
Ln 12
Gifts and grantsLn 1h$7.1M
Other incomeLn 4–11$457K
Investment incomeLn 3$4K
Money outPt IX
$5.2M
Ln 25
Programscol B$4.6M
Managementcol C$465K
Fundraisingcol D$103K
Owns and owesPt X
$10.4M
net assets · Ln 32
Cash and savingsLn 1–2$4.1M
Total assetsLn 16$10.4M
LiabilitiesLn 26$95K
PeoplePt VI, VII
4
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$7.1M
Investment incomeLn 3$4K
Other incomeLn 4–11$457K
Total revenueLn 12$7.6M
Assets in detailPt X, end of year
CashLn 1$1.6M
SavingsLn 2$2.5M
Cash and savings togetherLn 1–2$4.1M
Notes and loans receivableLn 7$3.2M
Land, buildings, equipmentLn 10c$2.2M
InvestmentsLn 11–13$1.0M
Total assetsLn 16$10.4M
LiabilitiesLn 26$95K
Net assetsLn 32$10.4M
OperationsPt I, VI
EmployeesI 534
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$2.4M$4.1M
InvestmentsLn 11–13$1.0M
Land, buildings, equipmentLn 10c$2.3M$2.2M
Total assetsLn 16$8.5M$10.4M
LiabilitiesLn 26$95K$95K
Net assetsLn 32$8.4M$10.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$126K$126K
Grants to domestic individualsLn 2$3.8M$3.8M
Other salaries and wagesLn 7$768K$554K$214K
Payroll taxesLn 10$61K$36K$25K
Accounting feesLn 11c$36K$36K
Lobbying feesLn 11d$30K$30K
Advertising and promotionLn 12$103K$103K
Office expensesLn 13$16K$16K
TravelLn 17$19K$19K
Depreciation, depletion and amortizationLn 22$119K$107K$12K
InsuranceLn 23$41K$27K$14K
Other expenses (24a–d)Ln 24$93K$93K
All other expensesLn 24e$6K$6K
Total functional expensesLn 25$5.2M$4.6M$465K$103K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Oct 20, 2025 $9.2M$10.3M−$1.1M$12.9M 990 PDF
FY2023Filed with the IRS Nov 15, 2024 $9.2M$8.8M$357K$14.0M 990 PDF
FY2022Filed with the IRS Nov 13, 2023 $9.1M$7.8M$1.3M$13.5M 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $8.2M$5.9M$2.3M$12.7M 990 PDF
FY2020 ViewingFiled with the IRS Nov 3, 2021 $7.6M$5.2M$2.4M$10.4M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $7,560,060 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,654,692$7,099,304
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $9,450$3,588
I-11 Other revenuePrior year $353,364$457,168
I-12 Total revenuePrior year $5,017,506$7,560,060
I-13 Grants and similar amounts paidPrior year $3,655,319$3,907,267
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $659,071$828,963
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $528,329$463,613
I-18 Total expensesPrior year $4,842,719$5,199,843
I-19 Revenue less expensesPrior year $174,787$2,360,217
Part VI · Governance 3 of 3 board members independent, 1 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $7,560,060 across 5 lines filed
VIII-1f All other contributions, gifts and grants$7,099,304
VIII-1h Total contributions, gifts and grants$7,099,304
VIII-3 Investment incomeExcluded from tax $3,588$3,588
VIII-8 Net income from fundraising eventsExcluded from tax $457,168$457,168
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $460,756$7,560,060
Part IX · Statement of functional expenses $5,199,843 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $126,136$126,136
IX-2 Grants to domestic individualsPrograms $3,781,131$3,781,131
IX-7 Other salaries and wagesPrograms $553,917 · Management $213,933$767,850
IX-10 Payroll taxesPrograms $36,485 · Management $24,628$61,113
IX-11c Accounting feesManagement $36,093$36,093
IX-11d Lobbying feesManagement $30,000$30,000
IX-12 Advertising and promotionFundraising $103,426$103,426
IX-13 Office expensesManagement $15,619$15,619
IX-17 TravelManagement $19,444$19,444
IX-22 Depreciation, depletion and amortizationPrograms $106,831 · Management $11,870$118,701
IX-23 InsurancePrograms $26,900 · Management $14,207$41,107
IX-24 Other expenses (24a–d)Management $93,024$93,024
IX-24e All other expensesManagement $6,199$6,199
IX-25 Total functional expensesPrograms $4,631,400 · Management $465,017 · Fundraising $103,426$5,199,843
Part X · Balance sheet $10,445,276 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $2,353,813$1,579,898
X-2 Savings and temporary cash investments$2,500,380
X-7 Notes and loans receivableStart of year $3,447,018$3,173,220
X-10c Land, buildings and equipment, netStart of year $2,253,341$2,152,448
X-11 Publicly traded securities$10,715
X-12 Other securities$1,028,615
X-16 Total assetsStart of year $8,512,184$10,445,276
X-17 Accounts payable and accrued expensesStart of year $2,259$2,259
X-23 Secured mortgages and notes payableStart of year $90,700$90,700
X-25 Other liabilitiesStart of year $2,065$1,758
X-26 Total liabilitiesStart of year $95,024$94,717
X-27 Net assets without donor restrictionsStart of year $8,417,160$10,350,559
X-32 Total net assets or fund balancesStart of year $8,417,160$10,350,559
X-33 Total liabilities and net assetsStart of year $8,512,184$10,445,276
Part XI · Reconciliation of net assets $10,350,559 net assets at year end
XI-1 Total revenue$7,560,060
XI-2 Total expenses$5,199,843
XI-3 Revenue less expenses$2,360,217
XI-4 Net assets at start of year$8,417,160
XI-5 Net unrealized gains (losses) on investments$29,275
XI-8 Prior period adjustments−$456,093
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$10,350,559

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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