NonprofitsChicago Instructional Technology Foundation Inc

Arts, Culture & Humanities

Chicago Instructional Technology Foundation Inc

LONGMONT, CO

Total revenue

$7.0M

Total expenses

$6.9M

Net assets

$17.9M

Grants received

$485K

1 grants

EIN

363833118

Tax year

2023

Mission

See schedule o

Programs

2 programs

Voqal chicago is proud to be part of the voqal fellowship. The voqal fellowship is an investment in people as individuals and budding entrepreneurs; a talent and startup accelerator aimed at giving those often overlooked by traditional funders a chance to enact their visions. In fiscal year 2024, eight individuals were selected as fellows after a rigorous search process. Their projects focused on issues ranging from civic media to online tools. Voqal nonprofits collectively spent $384,103 in the fiscal year 2024 program with voqal chicago contributing $272,897 to the program.voqal chicago maintains a separate grantmaking program. In fiscal year 2024, voqal chicago made grants totaling $1,539,750 to 30 grantees. Expenses total $271,778.

Expenses: $2.3MGrants: $1.6M

On behalf of voqal chicago, mobile citizen places lte wireless broadband accounts with schools and nonprofits both locally in colorado and nationwide. The estimated number of lte wireless broadband accounts is based on voqal chicago's ownership percentage of all active accounts at fiscal year-end. The estimated market value, based on $50/month, of active accounts is more than $5.4 million. Voqal chicago provides schools in the chicago metro area with free and subsidized high-speed wireless broadband internet accounts. The schools are both public and private, servicing grades k-12. We estimate that the fair market value of these free and subsidized accounts is over $26,400 annually.

Expenses: $3.2M

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$4.0M
Investment income$467K
Other revenue$2.5M
Total revenue$7.0M

Expenses

Grants paid$1.6M
Salaries & benefits
Fundraising
Other expenses$5.3M
Total expenses$6.9M
Total assets$18.4M
Net assets$17.9M

People

8 listed

NameRoleCompensation

DANIEL O'NEIL

CHAIR

Board

4 hrs/wk

LILLY GLEICH

TREASURER/DIRECTOR

Board

4 hrs/wk

BARBARA IVERSON

SECRETARY/DIRECTOR

Board

4 hrs/wk

MARIA HADDEN

DIRECTOR

Board

4 hrs/wk

BRENDA WILLIAMS-SEARS

CEO/PRESIDENT

Board

5 hrs/wk

ADAM MILLER

ADVISOR TO CEO/ASST SECRET

Board

5 hrs/wk

LISA REED

CFO

Board

5 hrs/wk

KIM BUBON

ASSISTANT SECRETARY

Board

5 hrs/wk

Independent contractors

EBS SUPPORT SERVICES LLC

MGMT SUPPORT

$1.8M

DAETC

SUPPORT

$129K

Grants received

Showing 1 of 1

FromAmountPurposeYear

Funded by

$485K from 1 funder · 1 grant · 2022

Instructional Telecommunications

$485K · 1 grant · 2022

Details

EIN363833118
NTEE codeA32
Subsection04
Ruling date2001-03
Formed1983
Employees0
Volunteers4
CHICAGO INSTRUCTIONAL TECHNOLOGY FOUNDATION INC — Mission, Financials & Grants Received | Grantivo