Cbmc Chicagoland Inc Name Amended to Legacy Leadership Forums Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Our mission is Transforming Business Leaders into Kingdom Leaders. Kingdom meaning the Kingdom of our Sovereign God.
- Income
- $389,517
- Spending
- $218,314
- Reserves
- 0 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 3
- Highest pay
- $87,255, executive directore
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 42 out of 100. Higher than 10% of charities in its peer group (religion, $250k to $1m).
Reserves
4 of 35Spendable reserves would cover 0.0 months of spending.
Debt
2 of 20It owes 100% of what it owns.
Living within its means
15 of 15Income exceeded spending by 44% of income.
Income trend
15 of 15Income rose 88% on the year before.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 26 out of 100. Higher than 7% of charities in its peer group (religion, $250k to $1m).
Independent board
5 of 250 of 7 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $192,019 spent. Twelve Legacy Leadership Forums meet each month with approximately 6 members attending a 5-6 hour meeting. Each member was held accountable to leave a Godly legacy in business and encouraged to express religious evangelism in their business. Each member connects with other peer Christians owners who share similar business responsibilities. Each member is held accountable - the accountability helps match business policies and actions to the business person's religious commitment to God and His Word. Each member finds a large network of peers beyond Legacy Leadership Forums with the support of resources and materials designed for religious evangelism in the marketplace.
- $15,843 spent. Approximately 20 members gathered with their spouse to participate in a Marriage Retreat in Racine, WI in June 2025 called Marriage: Abiding in Christ. Each member was encouraged to love on their spouse by abiding in Christ. The event ran from a Friday evening to a Saturday evening.
- $6,175 spent. In March 2025 Legacy Leadership Forums hosted a Celebration Dinner for our members. Our speaker from Ozinga Concrete talked to our members about living out the call God has put on their lives thru the business He has given them to steward.
- Two Forum Prayer Retreats took place September, 2025. We had 25 members participate. It was a time for prayer personally for each member, as well as, a time of corporate prayer with others in attendance. Each retreat was a Thursday morning to a Friday morning.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2009.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.