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CHICAGO FAMILY BUSINESS COUNCIL INC

CHICAGO, Illinois, 60604

EIN: 45-3803171

Community Improvement, Capacity Building

DEMOGRAPHIC

ADDRESS
1 E JACKSON BLVD
60604
COUNTY
cook county, IL

ORGANIZATIONAL OVERVIEW & RANKINGS

CHICAGO FAMILY BUSINESS COUNCIL INC is a based in CHICAGO, IL, focused on Community Improvement, Capacity Building causes , specifically Promotion of Business. Established in January 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $751,196.00, this ranks 245,780 among 2,656,690 nonprofits nationally (Top 10%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 10,795 out of 106,037 organizations in IL (Top 11%).

In cook county, IL, the organization ranks 5,752 out of 46,103 nonprofits by assets (Top 13%), while locally in chicago, it stands at 4,123 among 28,197 organizations (Top 15%).

The organization reported annual revenue of $503,370.00, ranking 182,271 nationally (Top 7%) and 7,296 in IL (Top 7%).

Within its specific NTEE classification (S41 - S: Community Improvement, Capacity Building), which includes 21,510 similar organizations, CHICAGO FAMILY BUSINESS COUNCIL INC ranks 1,468 in assets (Top 7%) and 1,953 in revenue (Top 10%).

The organization files a 990 (all other) or 990EZ return and operates on a May fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S41: Promotion of Business
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
5: $500,000 to $999,999
INCOME AMOUNT
$559,930.00
FORM 990 REVENUE AMOUNT
$503,370.00
RULING DATE
01/2020
ASSET CODE
5: $500,000 to $999,999
ASSET AMOUNT
$751,196.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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