Nonprofit · EIN 36-3697502
ALDEN FOUNDATION
Tax-exempt · CHICAGO, IL 60646
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $3,446,671 | $2,834,351 | $612,320 | $30,305,292 | $17,151,903 | $13,153,389 |
| December 31, 2023 | 990-PF | $2,753,425 | $2,903,555 | -$150,130 | $28,615,130 | $16,593,506 | $12,021,624 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,144,521
- Interest
- $312,273
- Net rental income
- $599,404
- Other income
- $625,199
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $184,012
- Salaries, compensation and benefits (total)
- $153,709
- Disbursements for charitable purposes
- $1,470,049
- Excise tax on investment income
- $4,341
Balance sheet and other
- Total assets, start of year
- $28,615,130
- Total assets, end of year
- $30,305,292
- Total liabilities, end of year
- $17,151,903
- Net assets, end of year
- $13,153,389
- Fair market value of assets
- $30,305,292
- Qualifying distributions
- $1,470,049
- Net investment income
- $312,273
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVEN STIVERS 4200 W PETERSON AVENUE, CHICAGO, IL 60646 | FORMER EXECUTIVE DIRECTOR | 40 | $111,752 |
| EMMANUEL KINARD 4200 W PETERSON AVENUE, CHICAGO, IL 60646 | EXECUTIVE DIRECTOR | 40 | $72,260 |
| JOAN CARL 4200 W PETERSON AVENUE, CHICAGO, IL 60646 | PRESIDENT | 1 | $0 |
| DEREK SMART 4200 W PETERSON AVENUE, CHICAGO, IL 60646 | TREASURER | 1 | $0 |
| MARY CHELOTTI - SMITH 4200 W PETERSON AVENUE, CHICAGO, IL 60646 | SECRETARY | 1 | $0 |
| STEVEN FRIEDLAND 4200 W PETERSON AVENUE, CHICAGO, IL 60646 | VICE PRESIDENT | 1 | $0 |
| CARL JENKINS 4200 W PETERSON AVENUE, CHICAGO, IL 60646 | DIRECTOR | 1 | $0 |
| ESTHER DAVIS 4200 W PETERSON AVENUE, CHICAGO, IL 60646 | DIRECTOR | 1 | $0 |
| ROBERT P HERNANDEZ 4200 W PETERSON AVENUE, CHICAGO, IL 60646 | DIRECTOR | 1 | $0 |
| NISHA SHAH 4200 W PETERSON AVENUE, CHICAGO, IL 60646 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELIZABETH DEMES 4200 W PETERSON AVENUE, CHICAGO, IL 60646 | EXECUTIVE DIRECTOR | 40 | $122,235 |
| STEVEN STIVERS 4200 W PETERSON AVENUE, CHICAGO, IL 60646 | EXECUTIVE DIRECTOR | 40 | $83,770 |
| BARRY MULLEN 4200 W PETERSON AVENUE, CHICAGO, IL 60646 | DEVELOPMENT DIRECTOR Highest-paid employee | 40 | $58,941 |
| JOAN CARL 4200 W PETERSON AVENUE, CHICAGO, IL 60646 | PRESIDENT | 1 | $0 |
| DEREK SMART 4200 W PETERSON AVENUE, CHICAGO, IL 60646 | TREASURER | 1 | $0 |
| MARY CHELOTTI - SMITH 4200 W PETERSON AVENUE, CHICAGO, IL 60646 | SECRETARY | 1 | $0 |
| STEVEN FRIEDLAND 4200 W PETERSON AVENUE, CHICAGO, IL 60646 | VICE PRESIDENT | 1 | $0 |
| CARL JENKINS 4200 W PETERSON AVENUE, CHICAGO, IL 60646 | DIRECTOR | 1 | $0 |
| ESTHER DAVIS 4200 W PETERSON AVENUE, CHICAGO, IL 60646 | DIRECTOR | 1 | $0 |
| ROBERT P HERNANDEZ 4200 W PETERSON AVENUE, CHICAGO, IL 60646 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4200 W PETERSON AVE STE 140, CHICAGO, IL 60646-6819
- In care of
- % STEVEN KROLL
- Signed the 990-PF
- JOAN CARL, PRESIDENT
- Phone
- (773) 286-3883
- Return prepared by
- RUBINBROWN LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 36-3697502
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1991
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $30,305,292
- Income (IRS master file)
- $3,446,671
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $3,446,671 | $2,834,351 | $30,305,292 | XML |
| 990-PF | December 2023 | $2,753,425 | $2,903,555 | $28,615,130 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 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 36-3697502).
Questions about ALDEN FOUNDATION
- What is the EIN of ALDEN FOUNDATION?
- The employer identification number (EIN) of ALDEN FOUNDATION is 36-3697502.
- Is ALDEN FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to ALDEN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ALDEN FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ALDEN FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ALDEN FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of ALDEN FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 10 people; 2 received compensation from the organization, the highest $111,752 (STEVEN STIVERS, FORMER EXECUTIVE DIRECTOR).
- How much revenue does ALDEN FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $3,446,671, expenses of $2,834,351 and total assets of $30,305,292 at year end.
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