INDUSTRIAL COUNCIL OF NEARWEST CHICAGO

INDUSTRIAL COUNCIL OF NEARWEST CHICAGO

Chicago, IL, US
501(c)(3)
EIN
36-3312341

INDUSTRIAL COUNCIL OF NEARWEST CHICAGO

Chicago, IL, US
501(c)(3)
EIN
36-3312341

Overview

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Est.

1984

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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The Industrial Council of Nearwest Chicago is a nonprofit organization dedicated to strengthening companies in the Kinzie Industrial Corridor while facilitating economic and community development through the provision of services and incubator space. With an operating budget of $10.2 million and total revenue of $8.8 million for the 2024 filing year, the organization demonstrates significant financial scale, supported by multiple funders. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base. More information can be found on their website at industrialcouncil.com.

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

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.
Overview
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