Overview

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Est.

1984

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

INDUSTRIAL COUNCIL OF NEARWEST CHICAGO is a community service nonprofit focused on strengthening companies in the Kinzie Industrial Corridor and supporting economic and community development through services and incubator space. For filing year 2024, it reported an operating budget of $10.2 million and total revenue of $8.8 million, with major funders including The Chicago Community Trust, CHICAGO FOUNDATION FOR WOMEN, and John D and Catherine T MacArthur Foundation (Consolidated).

Mission Statement

STRENGTHEN COMPANIES IN THE KINZIE INDUSTRIAL CORRIDOR AND FACILITATE ECONOMIC AND COMMUNITY DEVELOPMENT BY PROVIDING SERVICES AND INCUBATOR SPACE.
Revenues
$8.8M
Expenses
$10.2M
Net Income:
-$1.4M
Assets
$30.2M
Liabilities
$18.6M
Net Assets:
+$11.6M
Operating Budget
$10.2M
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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Total No. of Grants
4
Median grant size
$128.9K
Largest grant received
$200.1K
S
Steve Debretto
Board Member
S
Shoushana Yarbrough
Board Member
E
Edward You
Board Member
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  • 22 funders
  • 41 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is INDUSTRIAL COUNCIL OF NEARWEST CHICAGO’s budget?
In 2024, INDUSTRIAL COUNCIL OF NEARWEST CHICAGO reported an annual operating budget of around $10.2 million. More detailed financial information is available to registered users.
What causes does INDUSTRIAL COUNCIL OF NEARWEST CHICAGO support?
INDUSTRIAL COUNCIL OF NEARWEST CHICAGO supports work in Community service.
Where does INDUSTRIAL COUNCIL OF NEARWEST CHICAGO operate?
INDUSTRIAL COUNCIL OF NEARWEST CHICAGO is headquartered in Chicago, IL.
Who funded INDUSTRIAL COUNCIL OF NEARWEST CHICAGO recently?
In 2024, INDUSTRIAL COUNCIL OF NEARWEST CHICAGO received grants from FIDELITY INVESTMENTS CHARITABLE GIFT FUND, BAYLESS FAMILY FOUNDATION, and The Chicago Community Trust. More information on this organization’s funders is available to registered users.
What is the largest grant INDUSTRIAL COUNCIL OF NEARWEST CHICAGO received in 2024?
The largest grant to INDUSTRIAL COUNCIL OF NEARWEST CHICAGO in 2024 exceeds $200 thousand.