WORLD BUSINESS CHICAGO
AI Summary
WORLD BUSINESS CHICAGO is the public-private economic development agency for the City of Chicago, focusing on urban development to drive inclusive economic growth and job creation. With an operating budget of $13 million and total revenue of $13.1 million for the 2023 filing year, the organization promotes Chicago as a leading global city by supporting business recruitment, expansion, and retention, while fostering strategic partnerships and multicultural engagement. The organization does not rely on a single funder for 50% or more of its revenue.
Mission Statement
WORLD BUSINESS CHICAGO IS THE CITY OF CHICAGO'S PUBLIC-PRIVATE ECONOMIC DEVELOPMENT AGENCY. OUR MISSION IS TO DRIVE INCLUSIVE ECONOMIC GROWTH AND JOB CREATION, SUPPORT BUSINESS, AND PROMOTE CHICAGO AS A LEADING GLOBAL CITY. OUR VISION IS TO ENSURE THAT ALL CHICAGOANS PROSPER. WE DRIVE GROWTH THROUGH BUSINESS RECRUITMENT, EXPANSION, AND RETENTION ASSISTANCE AND CONNECTING BUSINESSES TO RESOURCES AND OPPORTUNITIES. WE CHAMPION CHICAGO AS A WORLD-CLASS CITY THROUGH BUILDING STRATEGIC INDUSTRY PARTNERSHIPS, CONVENING POLICY MAKERS AND LEADERS, AND ADVANCING OPPORTUNITIES FOR MULTICULTURAL ENGAGEMENT. WE UNITE LEADERS TO ADVANCE GROWTH IN CHICAGO'S NEIGHBORHOODS THROUGH TALENT DEVELOPMENT, PROCUREMENT, AND INVESTMENT.
Cause Areas
1
Urban development
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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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Frequently Asked Questions
What is WORLD BUSINESS CHICAGO’s budget?
In 2023, WORLD BUSINESS CHICAGO reported an annual operating budget of around $13 million. More detailed financial information is available to registered users.
What causes does WORLD BUSINESS CHICAGO support?
WORLD BUSINESS CHICAGO supports work in Urban development.
Where does WORLD BUSINESS CHICAGO operate?
WORLD BUSINESS CHICAGO is headquartered in Chicago, IL.
Who funded WORLD BUSINESS CHICAGO recently?
In 2025, WORLD BUSINESS CHICAGO received grants from AMERICAN ONLINE GIVING FOUNDATION INC, CHARITIES AID FOUNDATION AMERICA, and NEW VENTURE FUND. More information on this organization’s funders is available to registered users.
What is the largest grant WORLD BUSINESS CHICAGO received in 2024?
The largest grant to WORLD BUSINESS CHICAGO in 2024 exceeds $491 thousand.
What is WORLD BUSINESS CHICAGO’s reliance on government grants?
WORLD BUSINESS CHICAGO relied on government grants for more than 45% of their total revenue in 2023.