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Filing year 2024

BLACK UNITED FUND OF ILLINOIS INC

Chicago, Illinois·EIN 36-3397908·501(c)(3)
Total revenue
$2.5M
Total assets
$1.3M
Total expenses
$2.2M
Reported officers
10
Mission

TO IMPROVE THE QUALITY OF LIFE THROUGH RELIANCE ON SELF-HELP AT THE LOCAL COMMUNITY LEVEL. THE BLACK UNITED FUND OF ILLINOIS PROVIDES FUNDING, TECHNICAL ASSISTANCE, AND SUPPORT SERVICES TO NONPROFIT AGENCIES AND PROGRAMS.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Executive Dir.
Officer (Unspecified)
$95k
$102k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 21%
from 2023

From $121k in 2023 to $95k in 2024.

$121k
2023
$95k
2024
In today's dollarsEst.
Down 24% in real terms$134k to $102k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

BLACK UNITED FUND OF ILLINOIS INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.5M
$2.7M
2023
$2.5M
$2.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about BLACK UNITED FUND OF ILLINOIS INC

What are BLACK UNITED FUND OF ILLINOIS INC's revenue and expenses?

In 2024, BLACK UNITED FUND OF ILLINOIS INC reported $2.5M in total revenue and $2.2M in total expenses on its IRS Form 990.

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