Onechicagofund EIN 45-4661737 Form 990 (PDF) Claim this org

Onechicagofund

Not yet claimed Claim this org →

Funds Chicago initiatives in affordable housing, public safety, urban conservation, education, and arts, supporting neighborhood improvements. For fiscal year 2024 it reported $0 in revenue, $163K in expenses.Pt I

Type
Unknown exempt organization · Nonprofit
Location
Chicago, IL
Website
onechi.org
Filings
5 on file (2020–2024)
Revenue
$0FY2024
Expenses
$163K
Net assets
$0
People
8
Filings
5
Updates
0
More identity details & actions ⌄
EIN  45-4661737 Unknown exempt organization Chicago, IL
Form 990 (PDF)
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Onechicagofund claims this page.

Know this organization? Claim it to add your story

Size
<$100K
What they do
Funds Chicago initiatives in affordable housing, public safety, urban conservation, education, and arts, supporting neighborhood improvements.
Leadership
Trish Rooney · Chairperson and Director
Money in and out
$0 revenue, $163K expenses
Bottom line
70% program spending
Reported financial activity · FY2024
Total revenue
$0
Pt VIII · Ln 12
Total expenses
$163K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$163K
Where spending went · Part IX cols B–D
Program services $0.70 Management & general $0.30
Program spending
70%
of expenses reach programs▼ -19% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$0
FY2024▼ -100%
Expenses
$163K
FY2024▼ -82%
Total assets
$0
FY2024▼ -100%
Total liabilities
$0
FY2024▼ -100%
Total revenue
$0
Pt VIII · Ln 12
Total expenses
$163K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$163K
Total assetsPt X · Ln 16$0
Program-expense ratioPt IX · col B70%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COnechicagofund
EINHdr · item D45-4661737
Principal addressHdr · item CChicago, IL
WebsiteHdr · item Jonechi.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Chairperson and Director
$0Pt VII · Sec A
Secretary/Treasurer and Di
$0Pt VII · Sec A
Vice President and Directo
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
President and Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Sarah Pang$110,752$186,235$187,164$188,243
Lynn Lockwood$52,000$181,482$180,936$181,682
Katrina Waddy$137,965$125,969$112,618$107,886

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 Onechicagofund executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

1 program service account for $114K of program spending, described in the organization's own filed words · FY2024.
01

The fund has focused its fundraising and grant making activities on the priorty areas of affordable housing, public safety, urban conservation and open space, education, arts, and culture, and supporting and amplifying the positive work of neighbors and neighborhoods.

$114Kprogram expense

Run this program? Claim this org to tell your story

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.70 Management & general $0.30
Program services70%$114K
Management & general30%$49K
Total functional expensesLn 25$163K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$0
Total liabilitiesLn 26$0
Total net assetsLn 32$0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $163K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $114K · Total expenses $163K
70%
Management & General
Management & general $49K · Total expenses $163K
30%
Fundraising
Fundraising $0 · Total expenses $163K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $300K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $0
Government reliance
Government grants — · Total revenue $0
Earned-income share
Program service revenue $0 · Total revenue $0
Investment reliance
Investment income $0 · Total revenue $0
Program self-sufficiency
Program service revenue $0 · Total expenses $163K
0%
Growth & trend
Revenue growth (YoY)
This year $0 · Prior year $194K
-100%
Net-asset trend (YoY)
End of year $0 · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $0 · Expenses $163K
Liabilities-to-Assets
Total liabilities — · Total assets $0
Net-asset ratio
Net assets $0 · Total assets $0
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $0
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Trish Rooney · Reported title CHAIRPERSON AND DIRECTOR · Highest reported compensation $0 · Total expenses $163K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $163K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 70%
Overhead ratio 30%
Revenue growth -100%
Legal fee ratio 4%
Accounting fee ratio 15%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2022
See all 4 funders →
Grants paid · 31 grants · $1.3M · 2020–2024
B U I L D IncorporatedIL · FY2024$36,145
Chicago Architectural BiennialFY2024$35,000
B U I L D IncorporatedIL · FY2023$94,428
Chicago Architectural BiennialFY2023$80,000
Ella Flagg Young Elementary SchoolFY2023$9,600
City of ChicagoFY2022$191,959
Chicago Parks FoundationIL · FY2022$55,500
Build IncorporatedIL · FY2022$47,600
Phalanx Family ServicesIL · FY2022$11,500
Chi-RiseFY2022$11,500
The Baseball INCMA · FY2022$11,500
The Alliance 98IL · FY2022$11,500
Gary Comer Youth Center INCIL · FY2022$11,080
See all 31 grants →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$0 revenue · viewing · ⤓ 990 PDF
FY2023$194K revenue · ⤓ 990 PDF
FY2022$707K revenue · ⤓ 990 PDF
FY2021$1.8M revenue · ⤓ 990 PDF
FY2020$2.2M revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.