Greater Chatham Initiative: Single Audit Reports and Findings
Greater Chatham Initiative filed 2 single audits between 2022 and 2024; the most recently observed auditor is RINGOLD FINANCIAL MANAGEMENT SERVICES (2024), and the 2024 report lists 12 findings. Data as of 2026-09-18.
Data as of Sep 18, 2026 · Source: Federal Audit Clearinghouse (public data)
Single audits by year
One row per audit year as the Federal Audit Clearinghouse accepted it. The auditor named is the one observed on that filing; Greater Chatham Initiative is recorded in CHICAGO, Illinois under EIN 813276803, and the Clearinghouse records it as a nonprofit.
| Audit year | Fiscal year end | Federal expended | Threshold applied | Auditor observed | Findings | MW / SD | FAC report |
|---|---|---|---|---|---|---|---|
| 2024 | 2024-12-31 | $823,406 | $750,000 | RINGOLD FINANCIAL MANAGEMENT SERVICES | 12 | — | 2024-12-GSAFAC-0000404873 |
| 2022 | 2022-12-31 | $764,769 | $750,000 | RINGOLD FINANCIAL MANAGEMENT SERVICES | 10 | — | 2022-12-GSAFAC-0000069490 |
Which federal programs did this organization report?
From the most recent accepted report. "Major" is the designation the auditor made under 2 CFR 200.518, not ours.
| ALN | Program | Expended | Major |
|---|---|---|---|
| 21.027 | CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS | $332,055 | Yes |
| 21.027 | CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS | $237,484 | Yes |
| 21.027 | CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS | $194,701 | Yes |
| 21.027 | CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS | $32,204 | Yes |
| 14.252 | SECTION 4 CAPACITY BUILDING FOR COMMUNITY DEVELOPMENT AND AFFORDABLE HOUSING | $26,962 | No |
What findings did the auditor report?
The reference and the requirement letter are the ones the auditor used. The finding text itself is not reproduced here; the FAC report linked above carries it in full.
| Reference | Requirement | Severity | Repeat |
|---|---|---|---|
| 2024-001 | L | Other | No |
| 2024-002 | B | Other | No |
| 2024-003 | L | Other | No |
Form 990 and IRS registration
Form 990 "accounting fees" (Part IX line 11c) cover all accounting services reported by the organization and are not the price of an audit engagement.
- Most recent return
- 990 for 2025-12
- Total revenue
- $2,318,000
- Total assets
- $1,541,476
- Accounting fees (Part IX line 11c)
- $89,496
- Paid preparer
- RINGOLD FINANCIAL MANAGEMENT SERVICES
- IRS object id
- 202632189349300318
- Exempt under
- 501(c)(3)
- Ruling year
- 2017
- BMF release
- 2026-09-17
Read next
- CPA firms that audit Illinois nonprofits
- Illinois single audit statistics
- Illinois nonprofit audit requirements
How we computed this
Every row comes from the Federal Audit Clearinghouse record named beside it, one report per audit year, with a resubmission superseding the filing it replaces. The auditor is the one named on that filing — it is not a statement about who audits Greater Chatham Initiative now. Form 990 figures come from the IRS e-filed return named by its object id. This page exists because the organization filed at least two single audits, or one with a finding.
Cite this page
AuditRadar. “Greater Chatham Initiative Single Audits and Findings (IL).” https://getauditradar.com/single-audits/il/greater-chatham-initiative-813276803/. Data as of 2026-09-18.