Nonprofit · EIN 23-7128924
GW FOUNDATION INC
Also known as JEREMY KLEMANSKI
Tax-exempt · CHICAGO, IL 60607
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $16,258,346 | $1,534,452 | $14,723,894 | $131,724,440 | $10,000 | $131,714,440 |
| June 30, 2024 | 990 | $8,566,635 | $1,371,913 | $7,194,722 | $117,232,962 | $11,289 | $117,221,673 |
| June 30, 2023 | 990 | $7,326,944 | $1,475,949 | $5,850,995 | $106,065,400 | $95,800 | $105,969,600 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $6,343,800
- Investment income
- $9,914,546
- Net gain from sales of assets
- $8,256,335
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $54,823
- Salaries, compensation and benefits (total)
- $67,699
- Professional fundraising fees
- $0
- Occupancy
- $155,577
- Depreciation
- $1,090,726
- Program services (functional)
- $1,333,330
- Management and general (functional)
- $201,122
Balance sheet and other
- Total assets, start of year
- $117,232,962
- Total assets, end of year
- $131,724,440
- Total liabilities, end of year
- $10,000
- Net assets, end of year
- $131,714,440
- Land, buildings and equipment
- $17,470,263
- Publicly traded securities
- $68,038,002
- Net assets without donor restrictions
- $131,714,440
- Gross receipts
- $56,611,104
- Employees
- 0
- Volunteers
- 5
- Year formed
- 1970
- State of legal domicile
- IL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Jeremy Klemanski | President & CEO Officer | 1.33 | $0 | $852,680 | $47,029 |
| Tomas Del Rio | CFO (Until 5/27/25) Officer | 1.33 | $0 | $350,520 | $35,300 |
| Larry Singer | Chair Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Julie Brady | Treasurer Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Elio Montenegro | Secretary Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Ivy Walker | Vice Chair Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Arla Lach | Immediate Past Chair Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Jeremy Klemanski | President & CEO Officer | 1.33 | $0 | $769,938 | $27,619 |
| Tomas Del Rio | CFO Officer | 1.33 | $0 | $463,740 | $33,923 |
| Patricia Aitken | CHRO (Until 5/14/24) Trustee or director, Officer | 1.33 | $0 | $398,636 | $21,206 |
| Arla Lach | Chair Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Julie Brady | Treasurer Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Ivy Walker | Secretary Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Marc C Turner | Community Division President Trustee or director, Officer | 1.33 | $0 | $478,287 | $18,998 |
| Tomas Del Rio | CFO Trustee or director, Officer | 1.33 | $0 | $322,169 | $33,095 |
| Patricia Aitken | CHRO Trustee or director, Officer | 1.33 | $0 | $277,432 | $20,398 |
| Jeremy Klemanski | President & CEO as of 01/2023 Trustee or director, Officer | 1.33 | $0 | $76,453 | $0 |
Address and contacts
- Address (IRS master file)
- 315 N RACINE AVE STE 500, CHICAGO, IL 60607-1227
- In care of
- % BANK OF AMERICA NT & SA
- Principal officer (990 for 2024)
- Jeremy Klemanski, 500 W Monroe St 1800, Chicago, IL 60661
- Signed the 990
- Dennis R James, CFO
- Phone
- (312) 663-1130
- Website
- www.gatewayfoundation.org
- Return prepared by
- RSM US LLP
Mission
G.W. Foundation, Inc. is a national, non-profit organization committed to reducing substance abuse and co-occurring mental health problems through effective and efficient treatment programs.
Program accomplishments
- G.W. Foundation, Inc. holds the investments, indebtedness and property of its tax-exempt related organizations. The related entities are 501(c)(3) organizations that provide drug and alcohol prevention and rehabilitation services through residential and outpatient programs and facilities.Expenses $1,333,330 · revenue $6,343,800
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7128924
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1985
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mental health and crisis intervention (F120)
- Assets (IRS master file)
- $131,724,440
- Income (IRS master file)
- $56,611,104
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $16,258,346 | $1,534,452 | $131,724,440 | XML |
| 990 | June 2024 | $8,566,635 | $1,371,913 | $117,232,962 | XML |
| 990 | June 2023 | $7,326,944 | $1,475,949 | $106,065,400 | XML |
| 990 | June 2022 | $9,714,845 | $1,466,546 | $100,882,389 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7128924).
Questions about GW FOUNDATION INC
- What is the EIN of GW FOUNDATION INC?
- The employer identification number (EIN) of GW FOUNDATION INC is 23-7128924.
- Is GW FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
- Are donations to GW FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does GW FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GW FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GW FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of GW FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names Jeremy Klemanski.
- Who are the officers and directors of GW FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does GW FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $16,258,346, expenses of $1,534,452 and total assets of $131,724,440 at year end.
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All nonprofits in CHICAGO · Illinois · Mental health and crisis intervention