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The Commercial Club Foundation

Chicago, IL · EIN 36-3406446 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

The Commercial Club Foundation reported $21.5 million in revenue and $16.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $96.09 went to program services, $1.28 to management and general costs and $2.63 to fundraising. Its largest source of revenue was contributions and grants: 99.0% of the total. The highest compensation it reported for one person was $1,107,061 (DIRECTOR/PRESIDENT). Revenue rose 393% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $16M

For context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $22M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 2,433 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
96.1%86.7%
Management & general
Part IX 25(C) ÷ 25(A)
1.3%11.5%
Fundraising
Part IX 25(D) ÷ 25(A)
2.6%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.02$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
99.0%29.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%3.8%
Program service revenue share
Part VIII 2g ÷ 12
0.0%58.9%
Highest reported compensation
Part VII-A, columns D–F
$1,107,061$301,601
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
6.88%1.38%
People paid over $100,000
Part VII, line 2
06
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
24.86.8
Independent voting board members
Part VI 1a–1b
3 of 4100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$15M expenses · 99.0% of program spending · grants $15M

The foundation funds activities of the civic committee of the Commercial Club of chicago and its related and affiliated organizations in their mission to make the chicago region a better place for everyone to live, work, and do business

$160K expenses · 1.0% of program spending

The foundation pursues legislative actions on behalf of the affiliated organizations in the city of chicago and the state of illinois

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
DIRECTOR/PRESIDENT
Director/trustee, officer, 6.00 hrs/week
$155,824$883,004$68,233$1,107,061
EXECUTIVE VICE PRESIDENT
Key employee, 5.00 hrs/week
$55,940$391,580$46,504$494,024
VP, FINANCE & ADMIN
Highest compensated employee, 4.00 hrs/week
$23,764$166,347$45,613$235,724
CHIEF OF STAFF
Highest compensated employee, 2.00 hrs/week
$8,523$161,940$12,566$183,029
ACCOUNTING MANGER
Highest compensated employee, 3.00 hrs/week
$10,716$96,445$5,358$112,519

0 people received more than $100,000 in reportable compensation from The Commercial Club Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $253K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$22M$16M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$22M$16M96.1%$33M$1,107,061
FY2024 ⓘ$32M$7.2M96.0%$28M$1,062,240
FY2023 ⓘ$6.2M$5.6M95.0%$3.4M$649,951
FY2022 ⓘ$4.8M$5.5M98.1%$2.9M$561,758
FY2021 ⓘ$4.4M$4.7M97.4%$3.9M$524,843
FY2020 ⓘ$4.4M$4.9M97.8%$3.9M$506,759

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b4 · 3 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 510
  • Volunteers Part I, line 64

Private foundation grants it received

5 private foundations reported grants to The Commercial Club Foundation totaling $3.3M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from The Commercial Club Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Commercial Club Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All unclassified charities · Largest charities in Illinois

Questions people ask

How much of The Commercial Club Foundation's spending goes to programs?

In the fiscal year ending June 30, 2025, The Commercial Club Foundation reported that 96.1% of its $16.1 million in expenses went to program services, 1.3% to management and general and 2.6% to fundraising (Form 990, Part IX).

How much does The Commercial Club Foundation pay its top executive?

The largest total compensation The Commercial Club Foundation reported for one person in the fiscal year ending June 30, 2025 was $1,107,061, for the role of DIRECTOR/PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Commercial Club Foundation get its money?

Of $21.5 million in revenue in the fiscal year ending June 30, 2025, 99.0% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is The Commercial Club Foundation a registered charity?

The IRS lists EIN 36-3406446 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202533529349301308 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511359349310051 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202313529349300631 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202203549349301505 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202133549349301163 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202003509349301200 · read the filing

All filings for EIN 36-3406446: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.