Overview

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Est.

2021

Latest Fiscal Year

Not available

Organization Type

Grantseeker

990s

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2024
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2023
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2022
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AI Summary

DEVELOPMENT NOW FOR CHICAGO is a business promotion nonprofit formed to promote economic development and improve business conditions in the Chicago metropolitan area. For filing year 2024, it reported an operating budget of $81.7M and total revenue of $81.5M, with funding from organizations including INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS, FUTURE FORWARD USA ACTION, and NATIONAL EDUCATION ASSOCIATION OF THE UNITED STATES.

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Mission Statement

DEVELOPMENT NOW FOR CHICAGO WAS FORMED TO PROMOTE ECONOMIC DEVELOPMENT AND IMPROVE BUSINESS CONDITIONS IN THE CHICAGO METROPOLITAN AREA.

Cause Areas

1
Business promotion
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Financials

2024
Revenues
$81.5M
Expenses
$81.7M
Net Income:
-$260.4K
Assets
$9M
Liabilities
$308.3K
Net Assets:
+$8.7M

Financial Trends

2024
Operating Budget
$81.7M
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
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Top Funders

Funder
Total Funding
Funding Share
INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS
Washington, DC, US
$5M
87%
FUTURE FORWARD USA ACTION
Washington, DC, US
$2M
< 1%
NATIONAL EDUCATION ASSOCIATION OF THE UNITED STATES
Washington, DC, US
$1.4M
1%

Grants Received

2024
Total No. of Grants
15
Median grant size
$375K
Largest grant received
$5M

Board & Team

C
Christy George
Board Member
M
Michelle Harris
Board Member
B
Brandon Salesberry
Board Member
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  • 17 funders
  • 7 board & team members
  • 3 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is DEVELOPMENT NOW FOR CHICAGO’s budget?
In 2024, DEVELOPMENT NOW FOR CHICAGO reported an annual operating budget of around $81.7 million. More detailed financial information is available to registered users.
What causes does DEVELOPMENT NOW FOR CHICAGO support?
DEVELOPMENT NOW FOR CHICAGO supports work in Business promotion.
Where does DEVELOPMENT NOW FOR CHICAGO operate?
DEVELOPMENT NOW FOR CHICAGO is headquartered in Chicago, IL.
Who funded DEVELOPMENT NOW FOR CHICAGO recently?
In 2025, DEVELOPMENT NOW FOR CHICAGO received grants from MID-AMERICA CARPENTERS REGIONAL COUNCIL, INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS, and FUTURE FORWARD USA ACTION. More information on this organization’s funders is available to registered users.
What is the largest grant DEVELOPMENT NOW FOR CHICAGO received in 2024?
The largest grant to DEVELOPMENT NOW FOR CHICAGO in 2024 exceeds $5 million.