Chicago New Business Nfp
- Assets
- $33.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 04/2018
- Data as of
- 12/2023
- EIN
- 82-1466120
Organization Overview
Chicago New Business Nfp is located in Chicago, IL. The organization was established in 2018. According to its NTEE Classification (S43) the organization is classified as: Small Business Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago New Business Nfp 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 12/2023, Chicago New Business Nfp generated $130.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 24.1% each year . All expenses for the organization totaled $197.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
COUNSELING FOR SMALL BUSINESS FOR DISADVANTAGED PERSONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Veronica Pineau /manager | 17.5 | $11,200 | |
Andrew Forgaty Executive Director | 49.64 | $103,250 | |
Laura Martinez Advaisor | 6 | $12,400 | |
Erika Gonzalez Director Of Program Management | 31.71 | $26,636 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,373 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $45,000 |
| Total Revenue | $130,373 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $164,646 |
| Occupancy, rent, utilities, and maintenance | $9,100 |
| Printing, publications, postage, and shipping | $561 |
| Other expenses | $22,908 |
| Total expenses | $197,215 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,435 |
| Other assets | $0 |
| Total assets | $33,435 |
| Total liabilities | $0 |
| Net assets or fund balances | $33,435 |