Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
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Total |
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Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 49,152 | 27,009 | 507,181 | 7,531 | 11,441 | 602,314 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf .... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 49,152 | 27,009 | 507,181 | 7,531 | 11,441 | 602,314 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | 473,498 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 128,816 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 49,152 | 27,009 | 507,181 | 7,531 | 11,441 | 602,314 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 64,332 | 63,675 | 59,909 | 143,925 | 94,670 | 426,511 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | 1,028,825 | |||||
Calendar year (or fiscal
year beginning in) ![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2024 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2024 |
(iii) Distributable Amount for 2024 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2024 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2024 (reasonable cause required-- explain in Part VI).
See instructions. |
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| 3 Excess distributions carryover, if any, to 2024: | ||||
| a From 2019....... | ||||
| b From 2020....... | ||||
| c From 2021....... | ||||
| d From 2022....... | ||||
| e From 2023....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2024 distributable amount | ||||
|
i
Carryover from 2019 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2024 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2024 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2024, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2024. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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7 Excess distributions carryover to 2025. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2020..... | ||||
| b Excess from 2021..... | ||||
| c Excess from 2022..... | ||||
| d Excess from 2023..... | ||||
| e Excess from 2024..... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|---|
| PART II, LINE 17B | CHELSEA FUND'S PUBLIC SUPPORT IN 2023 WAS 14.76%. ITS BOARD MOBILIZED TO EXPAND THE NUMBER OF UNRELATED DONORS BY DEVELOPING NEW INITIATIVES IN ITS SMALL-DONOR PROGRAM THAT ENGAGES VOLUNTEERS AND PROGRAM BENEFICIARIES AND THEIR COMMUNITIES.ONE OF ITS BENEFICIARIES, THE WORKERS EDUCATION SOCIETY IN CHICAGO, ADDED LANGUAGE TO ITS WEBSITE ENCOURAGING SUPPORTERS AND THOSE WHO BENEFIT FROM ITS PROGRAMS TO DONATE TO THE FUND. AT EACH OF THE SCHOOLS AND CONFERENCES SUPPORTED BY THE FUND PARTICIPANTS WERE SUPPLIED WITH ONLINE DONATION INFORMATION OF THE FUND AND ENCOURAGED TO BECOME CONTRIBUTORS. THE FUND GARNERED SIGNIFICANT CONTRIBUTIONS FROM PEOPLE WHO REQUESTED ITS PAMPHLETS AND OTHER PUBLICATIONS FOR DISTRIBUTION. CHELSEA FUND CONTINUED ASSISTANCE TO CHICAGO WORKERS EDUCATION SOCIETY AND ITS PROJECT TO ASSIST LOW INCOME FAMILIES IN ACCESSING ASSISTANCE WITH ENERGY BILLS AND HOME WEATHERIZATION AND CONTINUED SUPPORT OF WORKERS. MANY OF THE VOLUNTEERS IN THIS PROGRAM MADE CONTRIBUTIONS TO THE FUND. |
| Software ID: | |
| Software Version: |
| Return Reference | Explanation |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THE CHELSEA FUND/PEOPLE BEFORE PROFITS EDUCATION FUND EXISTS TO ENCOURAGE AND SUPPORT EDUCATIONAL AND CULTURAL ACTIVITIES THAT PROMOTE PEACE, DEMOCRACY AND WORKERS' RIGHTS. WE AIM TO PARTNER WITH EXISTING COMMUNITY ORGANIZATIONS AND COALITIONS TO DEVELOP ORIGINAL PROGRAMMING THAT FOSTERS A DEEPER UNDERSTANDING OF SOCIETY TODAY, LEADERSHIP SKILLS, NEW INTERPERSONAL RELATIONSHIPS, AND STRONGER, MORE FOCUSED ORGANIZATIONS. |
| FORM 990, PAGE 2, PART III, LINE 4A | THE WORKING CLASS PROJECT THE WORKING CLASS PROJECT WAS FOUNDED IN THE FALL OF 2023. ITS PRIMARY EXPENSES WERE SALARIES, EQUIPMENT, AND BOOKS. TWO STAFF MEMBERS ARE PART OF THIS PROJECT. THE WORKING CLASS PROJECT CREATES CULTURAL ACTIVITIES THAT EXPLORE CIVIL RIGHTS AND DEMOCRACY. ITS WORK IS IN THREE MAJOR CATEGORIES: ORGANIZATION, TO HELP PROMOTE COMMUNITY ENGAGEMENT; MENTAL HEALTH, WELLBEING THROUGH THE CREATION OF SUPPORT SYSTEMS OF CULTURE, ART, SONG, WORKSHOPS AND CLASSES; AND EDUCATION TO PROMOTE A DEEPER UNDERSTANDING OF NEIGHBORHOOD, COMMUNITY, AND REGIONAL ETHNOGRAPHY AND HISTORY EMPHASIZING THE EXPERIENCES OF ORDINARY PEOPLE. THE PROJECT INCLUDES SUPPORTING LOCAL COMMUNITY MINI SCHOOLS, MENTAL HEALTH WORKSHOPS, THINK TANK DISCUSSIONS AND WRITERS EXCHANGE SESSIONS. THE 2024 ACTIVITIES GENERATED OVER 8300 PARTICIPATIONS. IN 2024, THE PROJECT HELD OVER TWENTY ONLINE EVENTS, INCLUDING A FOCUS ON MENTAL HEALTH, WRITERS' EXCHANGES, BOOK TALKS, AND GENERAL DISCUSSIONS. SOME OF THE HIGHLIGHTS WERE A FOUR-PART SERIES ON PHILOSOPHY AND HISTORICAL HIGHLIGHTS, A TWO-PART SERIES ON HISTORICAL EVOLUTION, AND PROGRAMS, INCLUDING POETRY READINGS AND WRITERS WORKSHOPS. IN 2024, THE PROJECT INCLUDED OVER 30 VOLUNTEER TEACHERS, DISCUSSION LEADERS, AND PRESENTERS. |
| FORM 990, PAGE 2, PART III, LINE 4B | THE LABOR EDUCATION PROJECT THE LABOR EDUCATION PROJECT WAS BEGUN AT THE END OF 2023 AND EMPLOYS ONE STAFF PERSON. IT AIMS TO BUILD THE TOOLS, KNOWLEDGE, AND STRATEGY NEEDED TO ORGANIZE, RESIST EXPLOITATION, AND FIGHT FOR A WORLD THAT PUTS PEOPLE BEFORE PROFITS THE PROJECT ACHIEVED ITS GOAL IN 2024 BY CONTRIBUTING ABOUT SIXTY ARTICLES ABOUT LABOR TO PEOPLE'S WORLD, DOCUMENTING STRIKES, UNION DRIVES, AND THE GROWING MOVEMENT FOR WORKER POWER. IN 2024 IT REPORTED FROM MAJOR LABOR CONVENTIONS SUCH AS THE COALITION OF BLACK TRADE UNIONISTS AND PROVIDED COVERAGE OF THE CONSEQUENTIAL UNITED AUTO WORKERS STRIKE. IT CONTRIBUTED TO LABOR-FOCUSED PAMPHLETS FOR PRO-WORKER ORGANIZATIONS, AND LABOR CLASSES ON TOPICS LIKE UNION ORGANIZING, SOCIALIST LABOR STRATEGY, AND YOUTH ENGAGEMENT IN THE LABOR MOVEMENT. IN JUNE 2024, IT HELPED ORGANIZE A 70-PERSON LABOR HISTORY TOUR IN CHICAGO, UNITING U.S. AND INTERNATIONAL TRADE UNIONISTS TO EXPLORE THE CITY'S MILITANT LABOR LEGACY-WITH PLANS FOR A SIMILAR PROJECT IN DETROIT. THE LABOR EDUCATION PROJECT ALSO WORKS CLOSELY WITH WORKER COLLECTIVES TO DEVELOP RANK-AND-FILE EDUCATION PROGRAMS, FOSTERING DISCUSSIONS ON TRADE UNIONISM, WORKPLACE ORGANIZING, AND FIGHTING BACK AGAINST CORPORATE DOMINATION. |
| FORM 990, PAGE 2, PART III, LINE 4C | SCHOOLS PROJECT IN THE CATEGORY OF SCHOOLS PROJECTS IS THE LITTLE RED SCHOOLHOUSE (LRSH), AN IN-PERSON, ALL-VOLUNTEER EVENT THAT AIMS TO PROVIDE IN-DEPTH EDUCATION AND TRAINING FOR YOUNG ACTIVISTS. IN 2024, THE LRSH WAS HELD IN NEW YORK CITY FROM JULY 26 TO AUGUST 4, AND HOSTED AROUND 30 ATTENDEES, WITH 18 CLASSES IN TOTAL. THE LRSH DEVELOPED A STRONG, WELL-ROUNDED MARXIST EDUCATION CURRICULUM, INCLUDING CLASSES ON THE WORKING CLASS AND THE BATTLE FOR DEMOCRACY, THE UNITED FRONT AGAINST FASCISM, AND THE ROLE OF THE YOUNG COMMUNIST LEAGUE. THE FUND HELPED SUPPORT TRAVEL, EDUCATIONAL MATERIALS, AND HOUSING COSTS. ALL OF THE SCHOOLS PROJECTS AIM TO FOSTER A DEEPER UNDERSTANDING OF SOCIETY AND POLITICAL ECONOMY, TO BUILD LEADERSHIP SKILLS AND INTERPERSONAL RELATIONSHIPS. |
| FORM 990, PAGE 2, PART III, LINE 4D | GRANT TO WORKERS EDUCATION SOCIETY- WORKERS EDUCATION SOCIETY IS A 501(C)(3)ORGANIZATION AND IS VOLUNTEER BASED. ITS MISSION IS TO PROMOTE THE EDUCATION AND WELFARE OF WORKING AND UNEMPLOYED FAMILIES IN ILLINOIS AND TO CONDUCT EDUCATIONAL AND CULTURAL ACTIVITIES WHICH ADVANCE THE WELL-BEING OF INDIVIDUALS AND FAMILIES IN THE COMMUNITY. THE GRANT TO WES SERVES TO CONTINUE TO SUPPORT THEIR WORK IN MAINTAINING A COMMUNITY LIBRARY, SUPPORTS THEIR WORK OF EDUCATING COMMUNITY MEMBERS ABOUT THEIR RIGHTS WHEN FACING UTILITY SHUT-OFFS AND SUPPORTS A VARIETY OF WES'S OTHER COMMUNITY EDUCATION ACTIVITIES. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE ORGANIZATION'S FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT AND PROVIDED TO THE ORGANIZATION'S VICE PRESIDENT FOR REVIEW. AFTER REVIEW BY THE ORGANIZATION'S OUTSIDE LEGAL COUNSEL THE FORM 990 IS SUBMITTED TO THE BOARD FOR REVIEW PRIOR TO FILING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | REGULAR REVIEW & DISCLOSURE OF CONFLICTS UNDER ARTICLE 7, CONFLICT OF INTEREST POLICY IN BY-LAWS OF ORGANIZATION. REGULAR REVIEW & DISCLOSURE OF POTENTIAL CONFLICTS. |
| FORM 990, PAGE 6, PART VI, LINE 19 | UPON REQUEST COPIES WILL BE MADE AVAILABLE TO THE PUBLIC. |
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