Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Greater Northwest Chicago Development Corp (EIN: 36-2941620) is a nonprofit organization dedicated to economic development by assisting small businesses in the Northwest Side of Chicago. With an operating budget of $94,000 and total revenue of $63,500 for the 2024 filing year, the organization focuses on helping local businesses hire and retain employees, secure grants, and improve their infrastructure through various services, including job fairs and business seminars. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. For more information, visit www.gncdc.org.

Mission Statement

THE GREATER NW CHICAGO DEVELOPMENT CORP. ASSISTS SMALL BUSINESSES TO HIRE AND RETAIN EMPLOYEES, GROW THEIR BUSINESS AND APPLY FOR GRANTS AND INCENTIVE PROGRAMS TO MAKE IMPROVEMENTS IN THEIR EMPLOYEE TRAINING AND FUND INFRASTRUCTURE IMPROVEMENTS MAINLY IN THE NORTHWEST SIDE OF CHICAGO ECONOMIC DEVELOPMENT AREAS. SOME OF THE SERVICES PROVIDED INCLUDE ORGANIZING/PARTICIPATING IN JOB FAIRS, OFFERING SEMINARS ON GENERAL BUSINESS TOPICS AND EMPLOYMENT PRACTICES FOR LOCAL BUSINESSES, ASSISTING SMALL BUSINESS OWNERS APPLY FOR AND RECEIVE BUSINESS INCENTIVES AND GRANTS OFFERED BY GOVERNMENT AND PRIVATE ENTITIES. THESE EFFORTS ALONG WITH OTHER SERVICES THE GNCDC PROVIDES HELP THE LOCAL BUSINESSES RETAIN AND HIRE EMPLOYEES, GROW THEIR REVENUE BASE AND MAKE IMPROVEMENTS AND UPGRADES TO THEIR PHYSICAL LOCATIONS.
Revenues
$63.5K
Expenses
$94K
Net Income:
-$30.5K
Assets
$59K
Liabilities
$0
Net Assets:
+$59K
Operating Budget
$94K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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C
Claudia Perez
Board Member
S
Ski Wysocki
Board Member
M
Marta Almodovar
Board Member

Frequently Asked Questions

What is GREATER NORTHWEST CHICAGO DEVELOPMENT CORP’s budget?
In 2024, GREATER NORTHWEST CHICAGO DEVELOPMENT CORP reported an annual operating budget of around $94 thousand. More detailed financial information is available to registered users.
What causes does GREATER NORTHWEST CHICAGO DEVELOPMENT CORP support?
GREATER NORTHWEST CHICAGO DEVELOPMENT CORP supports work in Economic development.
Where does GREATER NORTHWEST CHICAGO DEVELOPMENT CORP operate?
GREATER NORTHWEST CHICAGO DEVELOPMENT CORP is headquartered in Chicago, IL.