2021 Annual Report
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Fiancial Summary
Assets
Variance Explanations
- Increase in cash balance and decrease in investment balance due to transfer made from investment account, increase in revenues, and positive change in net assets for the year.
- Increase in work in progress due to payment made prior to year-end for new office space buildout.
Fiancial Summary
Liabilities
Variance Explanations
- Increase in accounts payable due to voided check close to year-end.
- Increase in deferred revenue due to more 2022 membership dues and CII training invoices issued prior to year-end.
Fiancial Summary
Revenue & Expense Variances
Variance Explanations
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A decrease in renewing membership dues was offset by an increase in new members, netting a $47,203 decrease in membership dues and contributions.
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Increase in CII training revenues due to increased development efforts and certain members purchasing multiple clusters.
Increase in Bridge Awards Dinner net revenues due to increased development efforts , in-person event compared to 2020 and increased support for 50 BLC recognized at the dinner. -
Increase in professional services due to shift to external accounting consultant from full-time bookkeeper and new research account.
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Decrease in marketing and communications due to reallocation performed in 2021 for all consulting expenses.
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Net decrease in professional services and marketing and communication
Fiancial Summary
Revenue & Expense Variances
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Chicago United monitors its liquidity to be able to meet its operating needs and other contractual commitments.
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CU’s policy is to hold a minimum of four months’ fixed expenses in cash.
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These amounts far exceed the minimum required.
A Special Thanks To
Our 2021 Donors
Federal Reserve Bank of Chicago
$219,000.00
Commonwealth Edison
$150,000.00
BMO Harris Bank N.A.
$96,000.00
Abbott Laboratories, Inc.
$95,000.00
Blue Cross Blue Shield of Illinois
$90,000.00
Nicor Gas, An AGL Resources Company
$80,000.00
Aon Risk Services Inc.
$65,000.00
Greeley and Hansen LLC
$65,000.00
Wintrust Financial Corporation
$61,000.00
Peoples Gas and North Shore Gas
$60,000.00
Astellas Pharma US, Inc.
$45,000.00
McDonald's Corporation
$45,000.00
PNC Bank
$35,000.00
UL
$34,000.00
Advocate Aurora Health Care
$34,000.00
Baxter International Inc
$30,000.00
Northern Trust
$30,000.00
Amazon
$30,000.00
Accenture
$25,000.00
Illinois Tool Works Inc.
$25,000.00
EY
$22,500.00
PwC
$20,000.00
CDW, LLC
$20,000.00
USG Corp./ L&W Supply Corporation
$20,000.00
Walgreens
$20,000.00
KPMG LLP
$20,000.00
Spaulding Ridge
$20,000.00
Univision Chicago
$20,000.00
Bank of America
$20,000.00
BP America Inc
$20,000.00
The Boldt Company
$15,000.00
Mesirow Financial
$15,000.00
Ariel Investments, LLC
$15,000.00
The Options Clearing Corporation
$15,000.00
Robert R. McCormick Foundation
$14,000.00
Joyce Foundation
$11,000.00
Parsons Partners
$10,500.00
SDI Presence LLC
$10,000.00
Friend Family Health Center
$10,000.00
Katten Muchin Rosenman LLP
$10,000.00
Sidley Austin LLP
$10,000.00
Slalom
$10,000.00
Sterling Bay
$10,000.00
Allstate Insurance Corporation
$10,000.00
Quarles & Brady, LLP
$10,000.00
TransUnion
$10,000.00
American Water Service Co.
$10,000.00
Goldman Sachs
$10,000.00
Grainger
$10,000.00
Nexus Pharmaceuticals, Inc.
$10,000.00
CNA
$10,000.00
Cleveland Avenue, LLC
$10,000.00
University of Illinois at Chicago
$10,000.00
Grant Thornton LLP
$10,000.00
Grosvenor Capital Management, L.P.
$10,000.00
Heidrick & Struggles, Inc.
$10,000.00
Pritzker Private Capital
$10,000.00
University of Chicago Medicine
$9,500.00
The Chicago Community Trust
$9,000.00
Northwestern Medicine
$9,000.00
Northwestern University
$9,000.00
Roosevelt University
$9,000.00
Comcast.
$8,500.00
Deloitte Tax LLP
$7,500.00
Primera Engineers, Ltd
$7,000.00
Shapiro & Raj
$7,000.00
Clarity Partners, LLC
$7,000.00
VisionIT
$7,000.00
Dominican University
$7,000.00
Cabrera Capital Markets
$7,000.00
Wynndalco Enterprises
$6,000.00
Grant Law, LLC
$5,500.00
Kinzie Capital Partners
$5,000.00
Kincentric
$5,000.00
Newell Brands
$5,000.00
Gemini Group II
$5,000.00
Stout
$5,000.00
Tiffany Johnson
$5,000.00
Tovar Snow Professionals
$5,000.00
U.S. Bank
$5,000.00
Ulta Beauty
$5,000.00
Univ of Chicago Office of Bus Div
$5,000.00
Clayco
$5,000.00
CCS Fundraising
$5,000.00
Bunzl Retails Services
$5,000.00
Weber Shandwick Worldwide
$5,000.00
Winston & Strawn LLP
$5,000.00
Adtalem Education Group
$5,000.00
Knnected Inc. d/b/a SupplyHive
$5,000.00
IGNITE Cities
$4,500.00
Delta Dental of Illinois
$4,500.00
University of Chicago
$4,500.00
Trilogy, Inc.
$4,000.00
Envision Unlimited
$4,000.00
Chicago Botanic Garden
$4,000.00
AbbVie
$3,000.00
Northwest Community Credit Union
$3,000.00
Shaw Legal Services
$2,500.00
Sam Pambah
$2,500.00
Aurora Austriaco
$2,500.00
CSMI
$2,000.00
Trice Construction Company
$2,000.00
Diversified Technology, Inc.
$2,000.00
DivIHN Integration Inc.
$2,000.00
Jasmine Guy
$2,000.00
PMI Energy Solutions, LLC
$2,000.00
SEEL, LLC
$2,000.00
Prado & Renteria CPA's PC
$2,000.00
Foley & Lardner
$2,000.00
Sanchez Daniels & Hoffman LLP
$2,000.00
Franczek P.C.
$2,000.00
RGMA IncRGMA Inc
$2,000.00
RK Management Consultants, Inc.
$2,000.00
Johnson, Blumberg & Associates, LLC
$2,000.00
Jose Luis Prado
$2,000.00
Kairos Consulting Worldwide
$2,000.00
Nash Brothers Construction Company, Inc.
$2,000.00
MZI Group, Inc.
$2,000.00
Caroline and Ora Smith Foundation
$2,000.00
Mitchell & Titus LLP
$2,000.00
KDM Engineering
$2,000.00
Laner Muchin
$2,000.00
LSL Healthcare, Inc.
$2,000.00
RME Rubinos & Mesia Engineers, Inc.
$2,000.00
LDK Advisory Services
$1,666.66
Exelon Corporation
$1,500.00
Flowers Comm Group
$1,500.00
Tianyi Zhu
$1,000.00
Cevallos Candau
$1,000.00
O'Connor & Battle, LLP
$1,000.00
Julieta LaMalfa
$1,000.00
Cristy Garcia-Thomas
$1,000.00
Christi Harrison
$1,000.00
Katherine Scherer
$522.50
Patricia Hamel
$500.00
Supply Logistics & Procurement Services
$500.00
Jay Stafford
$500.00
Diversity in Boardrooms
$500.00
David C. Rudd
$500.00
Family Focus
$500.00
Nicholas Farwig
$500.00
Shantanoo Govilkar
$500.00
Polaris Wealth Management
$500.00
Darrious Hilmon
$500.00
Vislario-CorpEdPartners
$500.00
Wheeler Coleman
$500.00
AGB Investigative Services
$500.00
Novolex
500
Chicago Urban League
300
Tawanna Streater
261.25
Daniel Broadhurst
261.25
Charities Aid Foundation
180
Jade Routson
150
Robert McGhee
150
Sendhil Revuluri
121.22
Jess Godt
104.5
Leslie Corbett Chenoweth
104.5
Gail Arrigo
5
Evans Food Group LTD.
0
Sodexo
0
University of Phoenix
0
SNtial Technologies, Inc.
0
Hyatt
0
Hispanic Housing Development Corporation
0
Montenegro Paper
0
MolsonCoors
0
Reyes Group Ltd.
0
Access Community Health Network
0
Eric Grant
0
Cushman & Wakefield, Inc.
0
Economic Club of Chicago
0
Odell Hicks & Company
0
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Jane Doe
SVP, DEI | Widget Company
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