Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2015.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
11 cents of each dollar spent went to programs.
Form 990 Part IX, line 25. Every line is in By the numbers.
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Who runs it and what they're paid
10 people listed on the 990; $130K paid to officers and key staff.
Ray Stout’s $107K as Executive Di is at the 77th percentile of top reported officer pay among 1709 $100K–1M 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 · 2 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Danielle D'Alessandro | — | — | — | $102,000 | $130,000 |
| Ray Stout | $106,923 | $113,238 | $105,000 | $12,115 | — |
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
Supports the growth and spread of Illinois' craft beer industry.
Questions for Icbg INC
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Fobab
The guild's largest annual event featuring a competition and festival to showcase the best of barrel-aging from brewers across the country.
Hosting several events & providing services throughout the year to help brewers & other members of the industry grow their business.
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $317K | $190K |
| Total assetsLn 16 | $354K | $234K |
| LiabilitiesLn 26 | $24K | $17K |
| Net assetsLn 32 | $330K | $217K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $130K | |||
| Other salaries and wagesLn 7 | $93K | |||
| Legal feesLn 11b | $36K | |||
| Lobbying feesLn 11d | $21K | |||
| Advertising and promotionLn 12 | $29K | |||
| Office expensesLn 13 | $30K | |||
| Information technologyLn 14 | $4K | |||
| TravelLn 17 | $3K | |||
| Conferences, conventions and meetingsLn 19 | $53K | |||
| InterestLn 20 | $689 | |||
| InsuranceLn 23 | $22K | |||
| Other expenses (24a–d)Ln 24 | $46K | |||
| All other expensesLn 24e | $11K | |||
| Total functional expensesLn 25 | $477K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $626K | $775K | −$149K | $68K | 990 PDF |
| FY2023 | $813K | $829K | −$16K | $212K | 990 PDF |
| FY2022 | $670K | $722K | −$52K | $278K | 990 PDF |
| FY2021 | $718K | $606K | $113K | $330K | 990 PDF |
| FY2020 Viewing | $364K | $477K | −$113K | $217K | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $363,882 revenue, 12 lines filed
Part VI · Governance 9 of 9 board members independent, 3 to look at
Part VIII · Statement of revenue $363,882 across 5 lines filed
Part IX · Statement of functional expenses $476,746 across 13 lines filed
Part X · Balance sheet $234,147 assets, 9 lines filed
Part XI · Reconciliation of net assets $217,119 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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