Chicago Law Firm Coalition Nfp

Nonprofit profile at a glance

EIN
843556907
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024
Location
Chicago, IL, USA
Phone
3128534105
Rating confidence
Limited
Sector
Chambers of Commerce & Business Leagues

Reported finances

Revenue
$158,797
Expenses
$90,512
Assets
$134,535

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • RICHARD M SILVERMAN (President)
  • Gail H Morse (Vice President)

People named in this filing

  • RICHARD M SILVERMAN (President)
  • Gail H Morse (Vice President)
  • NATALIE KELLER (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Chicago Law Firm Coalition, NFP (the "Coalition") plans to promote the common business interests of the legal profession with respect to governmental, economic, and fiscal policies, public policy, and the profession's impact on the community. Chicago Law Firm Coalition, NFPs Members ("Members") include the 16 largest law firms in Chicago. Law firms are distinct economic groups that add substantial value to the economy and society.

What it reported doing in 2024

The Coalition spend its time gathering, organizing, and disseminating information to the public and to civic and political leaders about the important civic and economic contributions of its Members (and other professional service firms) to the City of Chicago and State of Illinois, by creating jobs, supporting local businesses, participating in pro bono and social justice activities, and serving in leadership roles in charitable and civic organizations. The Coalition line up academics, experts, organizations, and other individuals to support that message, and will lobby local officials as necessary.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 71
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 43%; rating input score 91; 91st percentile among comparable filings
  • Total-asset coverage ratio: 1.49; rating input score 72; 72nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -16.4% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: 23% per year; rating input score 100; 83rd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 15 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Revenue growth scored 0/100.