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Nonprofit · EIN 27-4499625

A BETTER CHICAGO

Tax-exempt · CHICAGO, IL 60606

Financials

$8.7M$7.6M2023$12.4M$7.5M2024$5.4M$8.7M2025
Revenue Expenses · by fiscal year end
Financials of A BETTER CHICAGO by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$5,386,709$8,671,785-$3,285,076$17,194,088$453,183$16,740,905
December 31, 2024990$12,430,343$7,456,065$4,974,278$20,736,281$696,818$20,039,463
December 31, 2023990$8,681,211$7,645,127$1,036,084$16,113,219$1,075,894$15,037,325
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$5,281,577
Program service revenue
$0
Investment income
$283,050
Net gain from sales of assets
-$5,912
Net income from fundraising events
-$177,918
Other revenue
-$177,918

Expenses

Grants and similar amounts paid
$4,527,254
Compensation of officers, directors and key employees
$1,111,650
Other salaries and wages
$1,255,702
Salaries, compensation and benefits (total)
$2,726,952
Professional fundraising fees
$0
Accounting fees
$108,605
Occupancy
$247,483
Travel
$36,526
Depreciation
$121,081
Program services (functional)
$6,481,685
Management and general (functional)
$749,830
Fundraising (functional)
$1,440,270

Balance sheet and other

Total assets, start of year
$20,736,281
Total assets, end of year
$17,194,088
Total liabilities, end of year
$453,183
Net assets, end of year
$16,740,905
Land, buildings and equipment
$12,381
Net assets without donor restrictions
$10,878,023
Net assets with donor restrictions
$5,862,882
Gross receipts
$6,835,990
Employees
18
Volunteers
130
Year formed
2011
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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Elizabeth SwansonCEO
Officer
50$417,498$21,709
Maura DalyCMEO
Officer
50$261,250$6,193
Walter McCloskeyCOO & Treasurer
Officer
50$212,084$17,959
Nataly BarreraCIO
Officer
50$172,522$16,669
Onel AbreuDirector of Data and Impact
Highest-paid employee
50$148,952$15,709
William V KrehbielDirector
Trustee or director
1$0$0
John R KellerDIRECTOR
Trustee or director
1$0$0
Taylor O'MalleyDirector
Trustee or director
1$0$0
Sean BerkowitzSecretary
Trustee or director
1$0$0
Timothy SchwertfegerDirector
Trustee or director
1$0$0
Stephen BeardChairman
Trustee or director
1$0$0
John GilliganDirector
Trustee or director
1$0$0
Tracy Schwartz-WardDirector
Trustee or director
1$0$0
Janice JacksonDIRECTOR
Trustee or director
1$0$0
Eric ChernDIRECTOR
Trustee or director
1$0$0
5 more people on this return
NameTitleHours / weekCompensation
Matt RainoDirector
Trustee or director
1$0
Myetie HamiltonDirector
Trustee or director
1$0
Brittany GraunkeDirector
Trustee or director
1$0
Matthew BrewerDirector
Trustee or director
1$0
Danny WirtzDirector
Trustee or director
1$0
990 for the year ended December 31, 2024: 19 people
NameTitleHours / weekCompensationOther / benefits
Elizabeth SwansonCEO
Officer
50$392,366$20,431
Walter McCloskeyCOO
Officer
50$188,839$16,083
Nataly BarreraCIO
Officer
50$163,082$15,243
Marshana PaceManaging Director
Highest-paid employee
50$137,341$14,082
Chelsea HuszarDirector of Development
Highest-paid employee
50$135,334$6,197
William V KrehbielDirector
Trustee or director
1$0$0
John R KellerDIRECTOR
Trustee or director
1$0$0
Taylor O'MalleyDirector
Trustee or director
1$0$0
Sean BerkowitzSecretary
Trustee or director
1$0$0
Timothy SchwertfegerDirector
Trustee or director
1$0$0
Stephen BeardDirector
Trustee or director
1$0$0
Christopher KeoghDirector
Trustee or director
1$0$0
John GilliganChairman
Trustee or director
1$0$0
Tracy Schwartz-WardDirector
Trustee or director
1$0$0
Janice JacksonDIRECTOR
Trustee or director
1$0$0
Eric ChernDIRECTOR
Trustee or director
1$0$0
Matt RainoDirector
Trustee or director
1$0$0
Myetie HamiltonDiretor
Trustee or director
1$0$0
Brittany GraunkeDirector
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 23 people
NameTitleHours / weekCompensationOther / benefits
Elizabeth SwansonCEO
Officer
50$371,688$19,288
Becky BettsChief Marketing Officer
Highest-paid employee
50$192,816$7,200
Walter McCloskeyCFO
Officer
50$179,759$15,088
Nataly BarreraPortfolio Director, Venture/Ca
Highest-paid employee
50$146,948$14,041
Chelsea HuszarDirector of Development
Highest-paid employee
50$142,923$6,336
William V KrehbielDirector
Trustee or director
1$0$0
John R KellerDIRECTOR
Trustee or director
1$0$0
Taylor O'MalleyDirector
Trustee or director
1$0$0
Sean BerkowitzSecretary
Trustee or director
1$0$0
Timothy SchwertfegerDirector
Trustee or director
1$0$0
Stephen BeardDirector
Trustee or director
1$0$0
Christopher KeoghDirector
Trustee or director
1$0$0
John GilliganChairman
Trustee or director
1$0$0
Tracy Schwartz-WardDirector
Trustee or director
1$0$0
Ginger OstroDirector
Trustee or director
1$0$0
Ricardo EstradaDirector
Trustee or director
1$0$0
Janice JacksonDIRECTOR
Trustee or director
1$0$0
Eric ChernDIRECTOR
Trustee or director
1$0$0
Arjun AggarwalDirector
Trustee or director
1$0$0
Matt RainoDirector
Trustee or director
1$0$0
Myetie HamiltonDiretor
Trustee or director
1$0$0
Brittany GraunkeDirector
Trustee or director
1$0$0
Timothy KnowlesDirector
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
200 W MADISON ST 3RD FLOOR, CHICAGO, IL 60606-3414
In care of
% ELIZABETH F SWANSON
Principal officer (990 for 2025)
Elizabeth F Swanson CEO, 200 W Madison St 3rd floor, Chicago, IL 60606
Signed the 990
ELIZABETH SWANSON, CEO
Phone
(312) 674-7066
Return prepared by
MILLER COOPER & CO LTD

Mission

A BETTER CHICAGO IS CHANGING HOW CHICAGO FIGHTS POVERTY BY INVESTING IN BOLD IDEAS THAT CREATE OPPORTUNITY FOR OUR YOUTH.

990 for the year ended December 31, 2025

Program accomplishments

  • In line with the organization's mission and values, A Better Chicago provided financial grants to organizations that are equipping people with education, skills and credentials to empower them to reach their potential.
    Expenses $6,481,685 · grants $4,527,254

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-4499625
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$17,194,088
Income (IRS master file)
$6,835,990

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$5,386,709$8,671,785$17,194,088XML
990December 2024$12,430,343$7,456,065$20,736,281XML
990December 2023$8,681,211$7,645,127$16,113,219XML
990December 2022$5,080,046$8,227,773$15,380,399IRS
990December 2021–––IRS
990December 2020–––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 27-4499625).

Questions about A BETTER CHICAGO

What is the EIN of A BETTER CHICAGO?
The employer identification number (EIN) of A BETTER CHICAGO is 27-4499625.
Is A BETTER CHICAGO tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to A BETTER CHICAGO tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does A BETTER CHICAGO 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 A BETTER CHICAGO due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did A BETTER CHICAGO last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of A BETTER CHICAGO?
The 990 for the year ended December 31, 2025 names Elizabeth F Swanson CEO.
Who are the officers and directors of A BETTER CHICAGO?
The 990 for the year ended December 31, 2025 lists 20 people; 5 received compensation from the organization, the highest $417,498 (Elizabeth Swanson, CEO).
How much revenue does A BETTER CHICAGO have?
On its 990 for the year ended December 31, 2025 it reported revenue of $5,386,709, expenses of $8,671,785 and total assets of $17,194,088 at year end.

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