Chicago Network Inc

Organization Overview

Chicago Network Inc is located in Chicago, IL. The organization was established in 2015. According to its NTEE Classification (S81) the organization is classified as: Womens Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Chicago Network Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago Network Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Chicago Network Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $1.1m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO EDUCATE MEMBERS AND THE PUBLIC ON ISSUES RELATED TO ADVANCEMENT OF WOMEN IN THE WORKPLACE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE PROGRAMS OF INTEREST TO MEMBERS AND TO CREATE EMPOWERING RELATIONSHIPS FOR SENIOR WOMAN LEADERS THAT ENABLE THE NETWORK'S MEMBERS TO CONNECT WITH EACH OTHER FOR PERSONAL AND PROFESSIONAL GROWTH, ADVANCE OUR CIVIC, BUSINESS & PHILANTHROPIC COMMUNITIES, AND INSPIRE THE SUPPORT THE NEXT GENERATION.


WOMAN IN FOREFRONT LUNCHEON (WIFL). THIS IS THE NETWORK'S HALLMARK EVENT. THIS ANNUAL LUNCHEON, OPEN TO MEMBERS AND NON-MEMBERS ALIKE, FEATURES KEYNOTE SPEAKERS DISCUSSING THEIR EXPERIENCES AND ACHIEVEMENTS. DUE TO THE COVID-19 PANDEMIC, THE WOMEN IN THE FOREFRONT LUNCHEON WHICH WAS ORIGINALLY SCHEDULED FOR JUNE 2020 WAS DELAYED UNTIL OCTOBER 2020 AND HELD VIRTUALLY. THE WOMEN IN THE FOREFRONT LUNCHEON PLANNED FOR JUNE 2021 TOOK PLACE AS SCHEDULED.


THE FUTURE LEADERS PROGRAM OFFERS FEMALE COLLEGE STUDENTS AT LOCAL UNIVERSITIES AN OPPORTUNITY TO GAIN EXPOSURE TO DIFFERENT PROFESSIONAL CAREER PATHS. THE PROGRAM IS DESIGNED TO CULTIVATE FUTURE WOMEN LEADERS BY PROVIDING MULTIPLE PERSPECTIVES ON CAREERS IN THE FOR-PROFIT AND NON-PROFIT SECTORS AT NETWORK MEMBERS ORGANIZATIONS. DURING THESE VISITS, PARTICIPANTS LEARN ABOUT THE ORGANIZATION AND ITS SECTOR, INTERACT WITH EMPLOYEES AT ALL LEVELS AND LEARN ABOUT THE SKILLS, ABILITIES AND EDUCATION NECESSARY TO ACHIEVE THEIR FUTURE CAREER GOALS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,496,558
Related organizations$0
Government grants $66,991
All other contributions, gifts, grants, and similar amounts not included above$2,400
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,565,949
Total Program Service Revenue$449,150
Investment income $28,347
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $41,710
Net Income from Fundraising Events -$32,771
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,053,360

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Chicago Network Inc has recieved totaling $7,505.

Awarding OrganizationAmount
Mhnu Corporation

Chicago, IL

PURPOSE: Support organization initiatives

$7,500
Jp Morgan Chase Foundation

New York, NY

PURPOSE: GENERAL OPERATING SUPPORT

$5
View Grant Recipient Profile

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