Pulaski Elston Business Association Incorporated is located in Chicago, IL. The organization was established in 2003. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Pulaski Elston Business Association Incorporated employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pulaski Elston Business Association Incorporated is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Pulaski Elston Business Association Incorporated generated $840.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 60.9% each year . All expenses for the organization totaled $705.1k during the year ending 12/2023. While expenses have increased by 60.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PEBA IS A NOT-FOR-PROFIT BUSINESS ASSOCIATION DESIGNED TO PROMOTE THE VISIBILITY AND GROWTH OF NEW AND EXISTING BUSINESSES IN THE PULASKI ELSTON BUSINESS CORRIDOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PEBA IS A NOT-FOR-PROFIT BUSINESS ASSOCIATION DESIGNED TO PROMOTE THE VISIBILITY AND GROWTH OF NEW AND EXISTING BUSINESSES IN THE PULASKI ELSTON BUSINESS CORRIDOR.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melanie Reshke Director | Trustee | 1 | $0 |
Jason Caref Director | Trustee | 1 | $0 |
Liz Mills President | Officer | 1 | $0 |
Ehern Mohammed Secretary | Officer | 1 | $0 |
Cezar Jordan Treasurer | Officer | 1 | $0 |
Amie Zander Executive Director | 40 | $103,333 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $5,322 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $715,102 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $720,424 |
| Total Program Service Revenue | $120,335 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $840,759 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $438,663 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $160,667 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,807 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,479 |
| Advertising and promotion | $30,738 |
| Office expenses | $9,745 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,360 |
| Travel | $57 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $326 |
| Interest | $109 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,338 |
| All other expenses | $0 |
| Total functional expenses | $705,071 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $185,910 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $185,910 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $185,910 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $185,910 |
Over the last fiscal year, Pulaski Elston Business Association Incorporated has awarded $438,663 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
EDGEBROOK SAUGANASH CHAMBER OF COMMERCE PURPOSE: COVID 19 Pandemic Recovery | $78,630 |
EDISON PARK CHAMBER OF COMMERCE PURPOSE: COVID 19 Pandemic Recovery | $38,717 |
GLADSTONE PARK CHAMBER OF COMMERCE PURPOSE: COVID 19 Pandemic Recovery | $80,302 |
JEFFERSON PARK CHAMBER OF COMMERCE PURPOSE: COVID 19 Pandemic Recovery | $31,922 |
NORTHWEST SIDE COMMUNITY DEVELOPMENT CORP PURPOSE: COVID 19 Pandemic Recovery | $50,841 |
NORWOOD PARK CHAMBER OF COMMERCE PURPOSE: COVID 19 Pandemic Recovery | $64,940 |