nonprofit logo

Chicago Community Bond Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 475015710 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Chicago Community Bond Fund?

The Chicago Community Bond Fund (CCBF) is a nonprofit organization situated in Chicago, Illinois. Its primary objective is to provide financial assistance by paying bonds for individuals charged with crimes in Cook County, Illinois. This fund operates through a revolving system, supporting those from communities unable to afford the bond costs themselves, often due to the effects of structural violence. By offering this financial aid, CCBF preserves the presumption of innocence before trial and allows recipients to remain free while battling their cases. Beyond bond payments, CCBF also engages in public education regarding the role of bond in the criminal legal system and advocates for the elimination of money bond. The organization is dedicated to fostering lasting relationships and working in close collaboration with individuals most affected by criminalization and policing, demonstrating a commitment to community involvement.


Official website here: www.chicagbond.org

Is Chicago Community Bond Fund legitimate?

Chicago Community Bond Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago Community Bond Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $722,884

For more financial information, click here


Official website here: www.chicagbond.org

What is the mission statement of Chicago Community Bond Fund?

The Chicago Community Bond Fund (CCBF) operates with a mission to provide financial support for individuals charged with crimes in Cook County, Illinois, who cannot afford their own bail. Utilizing a revolving fund, CCBF aids those impacted by structural violence, enabling them to remain free while awaiting trial and preserving the presumption of innocence. Beyond monetary assistance, CCBF is actively engaged in public education regarding the role of bail in the criminal justice system and advocates for the eventual abolition of money bond. The organization also fosters long-term relationships and organizes with communities directly affected by criminalization and policing.


Official website here: www.chicagbond.org

Who is the CEO of Chicago Community Bond Fund?

Ariana Steele is the Board Chair of Chicago Community Bond Fund.


Official website here: www.chicagbond.org

What is the revenue of Chicago Community Bond Fund?

Chicago Community Bond Fund's revenue in 2022 was $897,686.


Official website here: www.chicagbond.org

Who are the executives of Chicago Community Bond Fund and what are their salaries?

The average compensation at Chicago Community Bond Fund during 2022 was $42,523. There are 17 employees and 25 volunteers at Chicago Community Bond Fund.

Here are 7 key members and their salaries:

    Rizwaan Akhtar (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ricky Hamilton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ariana Steele (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrea Juracek (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maryam Kashani (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Victoria Moreno (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Cannon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.chicagbond.org

    Where can I find the form 990 for Chicago Community Bond Fund?

    The Chicago Community Bond Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.chicagbond.org

    Learn more at the official website: www.chicagbond.org

    Mission Statement of Chicago Community Bond Fund

    The Chicago Community Bond Fund, or CCBF, is an organization with a mission to support individuals charged with crimes in Cook County, Illinois. Utilizing a revolving fund, CCBF assists individuals from communities that cannot afford to pay their own bonds. These individuals have often been impacted by structural violence. By paying the bond, CCBF restores the presumption of innocence before trial, allowing recipients to remain free while they fight their cases.

    Beyond providing financial assistance, CCBF is actively engaged in public education about the role of bond in the criminal legal system. The organization advocates for the abolition of money bond, recognizing its potential to exacerbate inequality and unfairly incarcerate individuals who cannot afford to pay. CCBF's commitment to this cause stems from a desire to build long-term relationships and organize with people most directly impacted by criminalization and policing.

    In summary, the Chicago Community Bond Fund's mission is to support individuals in Cook County, Illinois, who cannot afford their own bonds due to structural violence. Through bond payments, public education, and advocacy, CCBF works to restore the presumption of innocence, challenge the systemic issues with money bond, and promote equity in the criminal legal system.

    Impact

    This information is meant to be a general summary of Chicago Community Bond Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Chicago Community Bond Fund's impact includes redefining the concept of presumption of innocence for individuals charged with crimes in Cook County, Illinois. By paying bond for those who cannot afford it, CCBF enables individuals to remain free while navigating the legal process. This not only supports those directly impacted by structural violence but also advocates for the abolition of money bond, thereby challenging the inequities within the criminal legal system. Additionally, through public education and community organizing efforts, CCBF is actively engaging with the community to drive systemic change and build long-term relationships with those most affected by criminalization and policing.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,997
  • Program Service Revenue: $1,285
  • Gross Receipts: $897,686

    • Assets and Liabilities:
  • Total Assets: $8,216,378
  • Total Liabilities: $158,991
  • Net Assets: $8,057,387
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Contract service fees

    Revenue

    $1,285

    Organization Details

    Founding Year

    2015

    Principal Officer

    Ariana Steele

    Main Address

    601 S California Ave, Chicago, IL, 60612

    NTEE Category

    Code: I43 - Crime

    If you are a representative of Chicago Community Bond Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.