Is it real?
Yes. Exemption reinstated (2015-05-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in Oct 2015.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
57 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
15 people listed on the 990.
Micaela Vargas’s $129K as Executive Director is at the 86th percentile of top reported officer pay among 1032 $100K–1M civil rights & advocacy 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 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|
| Micaela Vargas | $129,000 | $80,560 | $45,500 |
| Sonia Del Real | — | — | $39,000 |
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 City Council Latino Caucus Foundation 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 15aNo
Programs and updates
Provides scholarships, internships, and mentoring for Latino youth, and leadership development for mid-level professionals.
Questions for Chicago City Council Latino Caucus Foundation
Your first name shows with your question. Chicago City Council Latino Caucus Foundation answers here, for everyone.
Geared for mid-level professional selected on merit and who demonstrate a passion for leadership, civic engagement, and potential for advancement in their field
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 80-0856462) · Dispute this lineTo serve as a vehicle for improving access to higher education by way of scholarships, internships, and mentoring opportunities for chicagos latino youth
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 80-0856462) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $486K | $506K |
| Total assetsLn 16 | $626K | $555K |
| LiabilitiesLn 26 | $1K | $5K |
| Net assetsLn 32 | $625K | $550K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $3K | $3K | ||
| Grants to domestic individualsLn 2 | $188K | $188K | ||
| Management feesLn 11a | $113K | $0 | $113K | $0 |
| Legal feesLn 11b | $97K | $42K | $11K | $45K |
| Accounting feesLn 11c | $22K | $9K | $2K | $10K |
| Other fees for servicesLn 11g | $252K | $108K | $28K | $116K |
| Advertising and promotionLn 12 | $3K | $3K | $0 | $0 |
| Office expensesLn 13 | $9K | $2K | $0 | $7K |
| TravelLn 17 | $37K | $36K | $0 | $671 |
| Conferences, conventions and meetingsLn 19 | $52K | $52K | $0 | $0 |
| Other expenses (24a–d)Ln 24 | $3K | $748 | $2K | $0 |
| Total functional expensesLn 25 | $778K | $443K | $156K | $178K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest ViewingFiled with the IRS Nov 17, 2025 | $701K | $778K | −$76K | $550K | 990 PDF |
| FY2023Filed with the IRS Nov 14, 2024 | $740K | $704K | $35K | $625K | 990 PDF |
| FY2022Filed with the IRS Nov 15, 2023 | $742K | $604K | $138K | $601K | 990 PDF |
| FY2021Filed with the IRS Nov 15, 2022 | $729K | $432K | $297K | $512K | 990 PDF |
| FY2020Filed with the IRS Nov 23, 2021 | $226K | $331K | −$105K | $199K | 990 PDF |
Schedules filed Part IV
See the full FY2024 990
Part I · Summary $701,412 revenue, 12 lines filed
Part VI · Governance 14 of 14 board members independent, 4 to look at
Part VIII · Statement of revenue $701,412 across 3 lines filed
Part IX · Statement of functional expenses $777,612 across 11 lines filed
Part X · Balance sheet $554,905 assets, 10 lines filed
Part XI · Reconciliation of net assets $549,658 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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