NonprofitsAllies For Community Business Inc

Community Improvement & Capacity Building

Allies For Community Business Inc

CHICAGO, IL

Total revenue

$9.9M

Total expenses

$9.8M

Net assets

$14.2M

Grants received

$20.5M

144 grants

EIN

363966573

Tax year

2024

Mission

Provide credit and services to small businesses without access to traditional sources of financing.

Financials

FY 2024

Revenue

Contributions & grants$7.7M
Program service revenue$2.2M
Investment income$138K
Other revenue
Total revenue$9.9M

Expenses

Grants paid$902K
Salaries & benefits$4.2M
Fundraising$384K
Other expenses$4.7M
Total expenses$9.8M
Total assets$36.4M
Net assets$14.2M

People

18 listed

NameRoleCompensation

BRAD MCCONNELL

CHIEF EXECUTIVE OFFICER

Board

$207K

40 hrs/wk

CLEMENTE NICADO

DIRECTOR

Board

2.25 hrs/wk

JUAN ORTIZ

DIRECTOR

Board

2.25 hrs/wk

MARIAH VAN ERMEN

DIRECTOR

Board

2.25 hrs/wk

DARLENE HIGHTOWER

CHAIR, OUTREACH

Board

2.25 hrs/wk

SHANDRA RICHARDSON

DIRECTOR

Board

2.25 hrs/wk

TAZ GEORGE

DIRECTOR

Board

2.25 hrs/wk

OSCAR JOHNSON

DIRECTOR

Board

2.25 hrs/wk

HORACIO MENDEZ

TREASURER, FINANCE AND AUDIT CHAIR

Board

2.25 hrs/wk

S MICHAEL MCCRACKEN

CHAIR, PORTFOLIO AND CREDIT COMMITTEE CHAIR

Board

2.25 hrs/wk

ADRIANNE SPIVEY

DIRECTOR

Board

2.25 hrs/wk

ANTHONY WALLER

DIRECTOR

Board

2.25 hrs/wk

BEN BOCHNOWSKI

DIRECTOR

Board

2.25 hrs/wk

ROWAN RICHARDS

DIRECTOR OF COACHING AND C

Staff

$173K

40 hrs/wk

MARY TRITSIS

DIRECTOR OF COMMUNITY BUSI

Staff

$166K

40 hrs/wk

JILL KOZELUH

DIRECTOR OF DEVELOPMENT

Staff

$139K

40 hrs/wk

JENNIE MOTTO MESTERHARM

CHIEF OF STAFF

Staff

$135K

40 hrs/wk

MARY RILEY

DIRECTOR OF COMMUNITY RELA

Staff

$135K

40 hrs/wk

Independent contractors

ORION FIRST FINANCIAL LLC

LOAN SERVICER

$478K

Grants received

Showing 144 of 144

FromAmountPurposeYear
$250K
PROMOTE/SUPPORT SMALL BUS AND THEIR DEVELOPMENT
2024
$250K
OPERATING GRANT
2024
$200K
NEIGHBORHOOD ENTREPRENEURSHIP LAB (NEL)
2024
$100K
General Operating Support - Entrepreneurship
2024
$90K
GENERAL SUPPORT
2024
$50K
GENERAL OPERATING SUPPORT
2024
$50K
GENERAL AND UNRESTRICTED
2024
$50K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2024
$50K
COMMUNITY & HUMAN SERVICES
2024
$35K
SUPPORT NEIGHBORHOOD
2024
$25K
General Operating Support - Exploratory
2024
$20K
Neighborhood Entrepreneurship Lab
2024
$8K
TO FURTHER THE PURPOSE OF THE ORGANIZATION
2024
$5K
GENERAL OPERATION SUPPORT
2024
$5K
LEGAL AID NEW ENTREPRENEURS (LANE)
2024
$3K
GENERAL OPERATING SUPPORT
2024
$2K
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$790K
COOK COUNTY ARTS INITIATIVE
2023
$472K
General support for programs, operations and other charitable purposes
2023
$310K
BUSINESS SUPPORT ORGANIZATIONS PROVIDING TECHNICAL ASSISTANCE TO ENTREPRENEURS.
2023
$200K
NEIGHBORHOOD ENTREPRENEURSHIP LAB (NEL)
2023
$200K
For grant recipient's exempt purposes
2023
$125K
CAPACITY BUILDING/GENERAL SUPPORT
2023
$100K
General Operating Support - Entrepreneurship
2023
$100K
CHARITABLE DONATION
2023
$100K
GENERAL OPERATING
2023
$100K
PROGRAM/OPERATING SUPPORT
2023
$90K
GENERAL SUPPORT
2023
$50K
GENERAL AND UNRESTRICTED
2023
$50K
COMMUNITY & HUMAN SERVICES
2023
$48K
GENERAL SUPPORT
2023
$39K
PROMOTE/SUPPORT SMALL BUSINESS AND THEIR DEVELOPMENT
2023
$35K
GENERAL SUPPORT
2023
$25K
FOR GENERAL OPERATING SUPPORT
2023
$25K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2023
$25K
GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATIONGENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION
2023
$25K
TO SUPPORT NEIGHBORHOOD
2023
$20K
COMMUNITY SERVICES
2023
$20K
WORKFORCE DEVELOPMENT SUPPORT
2023
$20K
Neighborhood Entrepreneurship Lab
2023
$10K
TO FURTHER THE PURPOSE OF THE ORGANIZATION
2023
$10K
General & Unrestricted
2023
$10K
PROGRAM SUPPORT
2023
$5K
POST-PANDEMIC SUPPORT FOR DIVERSE ENTREPRENEURS
2023
$4K
COMMUNITY DEVELOPMENT
2023
$3K
GENERAL OPERATING SUPPORT
2023
$3K
General Operating Support - Entrepreneurship
2023
$50
GENERAL OPERATING SUPPORT
2023
$1.5M
support for activities on the South Side of Chicago, General Operating Support, support for NEL program run by Rowan Richards, support for Neighborhood Entrepreneurship Lab (Second-year Renewal Grant), support for Neighborhood Entrepreneurship Lab, Support for NEL, A4CB will offer revenue-based financing to a diverse set of Cook County entrepreneurs with high growth potential. A4CB will leverage a $1M loan loss reserve grant from the Trust in order to deploy $5M of loan capital. The loan loss reserve grant is crucial to offer this type of financing in an economically prudent manner. Funding from the Searle Funds at The Chicago Community Trust., Support of the Neighborhood Entrepreneurship Lab (NEL) and their ongoing grant program enabling small business owners of color to build individual and community wealth.
2022
$500K
OFN CDFI TECH GRANT PROGRAM SUPPORTED BY GOOGLE.ORG
2022
$333K
BUSINESS SUPPORT ORGANIZATIONS PROVIDING TECHNICAL ASSISTANCE TO ENTREPRENUERS.
2022
$262K
ECONOMIC RECOVERY PROGRAMMING
2022
$125K
PROGRAM/OPERATING SUPPORT
2022
$125K
General Operating Support - Entrepreneurship
2022
$120K
For grant recipient's exempt purposes
2022
$108K
PUBLIC, SOCIETAL BENEFIT
2022
$100K
Support of general operations
2022
$100K
GENERAL OPERATING
2022
$100K
MICRO-LENDING ACTIVITES & PROGRAM SUPPORT
2022
$100K
PROGRAM/OPERATING SUPPORT
2022
$75K
PROGRAM/OPERATING SUPPORT
2022
$75K
GENERAL SUPPORT
2022
$60K
COMMUNITY SERVICES
2022
$60K
Strong Communities
2022
$50K
COMMUNITY & HUMAN SERVICES
2022
$48K
GENERAL SUPPORT
2022
$30K
GENERAL AND UNRESTRICTED
2022
$25K
GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATIONGENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION
2022
$25K
TO SUPPORT COSTS FOR
2022
$25K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2022
$25K
GENERAL OPERATING GRANT
2022
$25K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2022
$23K
GENERAL SUPPORT
2022
$20K
Neighborhood Entrepreneurship Lab
2022
$15K
THE HATCHERY'S COMMUNITY-BASED KITCHEN PROGRAM
2022
$15K
GENERAL OPERATING SUPPORT
2022
$11K
GENERAL SUPPORT
2022
$10K
PUBLIC BENEFIT AND COMMUNITY IMPROVEMENT PROGRAM SUPPORT
2022
$10K
TO FURTHER PROGRAM SERVICES
2022
$10K
General Support
2022
$10K
PROGRAM SUPPORT
2022
$8K
General & Unrestricted
2022
$5K
GENERAL OPERATING SUPPORT
2022
$5K
FINANCIAL HEALTH AND INCLUSION
2022
$1.4M
General operating support. Support for Neighborhood Entrepreneurship Lab and (First-time Grant). Support to provide the capital, coaching and connections entrepreneurs need to grow great businesses that create jobs and wealth in communities in Chicago. Support for NEL cohort 2021-2022 - direct support for entrepreneurs.
2021
$1.4M
General operating support. Support for Neighborhood Entrepreneurship Lab and (First-time Grant). Support to provide the capital, coaching and connections entrepreneurs need to grow great businesses that create jobs and wealth in communities in Chicago. Support for NEL cohort 2021-2022 - direct support for entrepreneurs.
2021
$150K
MICRO-LENDING ACTIVITES & PROGRAM SUPPORT
2021
$150K
OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG
2021
$100K
General Operating Support
2021
$72K
GENERAL SUPPORT
2021
$60K
Strong Communities
2021
$50K
BUSINESS SUPPORT ORGANIZATIONS PROVIDING TECHNICAL ASSISTANCE TO ENTREPRENUERS.
2021
$50K
CHARITABLE DONATION
2021
$25K
CAPACITY BUILDING/GENERAL SUPPORT
2021
$10K
TO FURTHER THE PURPOSE OF THE ORGANIZATION
2021
$10K
For grant recipient's exempt purposes
2021
$10K
For grant recipient's exempt purposes
2021
$1.9M
TO SUPPORT GREATER ENGLEWOOD CHAMBER OF COMMERCE, TECHNOLOGY, STAFF, AND OTHER STRATEGIES FOR INCREASING CAPACITY TO TRACK DATA AND DELIVER INNOVATIVE PRODUCTS WITH THE GOAL OF CONTINUOUSLY IMPROVING OUTCOMES FOR SMALL BUSINESS OWNERS, JUSTICE OF THE PIES, OAKANDHEIR, NEIGHBORHOOD ENTREPRENEURSHIP LAB, THE HATCHERY PHASE II, AND GENERAL OPERATING SUPPORT
2020
$750K
COVID-19 RESPONSE PROGRAM
2020
$257K
MICRO-LENDING ACTIVITES & PROGRAM SUPPORT
2020
$161K
PERFORMING ARTS VENUE RELIEF
2020
$100K
GENERAL OPERATING
2020
$60K
Strong Communities
2020
$50K
COMMUNITY & HUMAN SERVICES
2020
$50K
CHARITABLE DONATION
2020
$50K
RESOLVED to make a grant of $50,000 to Allies for Community Businesses as fiscal agent for Waukegan business Drip & Culture Co. as LCCF's Small Business Growth Initiative pilot investment.
2020
$40K
COMMUNITY SERVICES
2020
$36K
GENERAL OPERATING SUPPORT
2020
$25K
ENGLEWOOD WOMEN'S INITIATIVE
2020
$25K
EQUALITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2020
$20K
COMMUNITY SUPPORT
2020
$20K
General Operating Support
2020
$15K
GENERAL OPERATING SUPPORT
2020
$15K
GENERAL SUPPORT
2020
$10K
SMALL BUSINESS DEVELOPMENT PROGRAM
2020
$8K
GENERAL SUPPORT
2020
$5K
For grant recipient's exempt purposes
2020
$1.1M
TO SUPPORT LOAN CAPITAL FOR ENTREPRENEURS, HIRING OF NEW BUSINESS COACHES, LOAN ADMINISTRATION SUPPORT, NEL COHORTS, COLLABORATIVE WORK WITH GREATER ENGLEWOOD CHAMBER OF COMMERCE, CAPITAL FUNDING, AND GENERAL OPERATING SUPPORT
2019
$50K
COMMUNITY & HUMAN SERVICES
2019
$23K
ENGLEWOOD WOMEN'S INITIATIVE
2019
$15K
FEMALE ENTREPRENEURSHIP PROGRAM
2019
$760K
GROWING NEIGHBORHOODS THROUGH ENTREPRENEURSHIP.
2018
$297K
MICRO-LENDING ACTIVITIES
2018
$50K
GENERAL SUPPORT
2018
$16K
Cost for acquiring and rehabbing a 67,000 square foot - $34 million complex
2018
$100K
SUPPORT WORK OF THE NEL PILOT PROGRAM IN SUPPORT OF ENTREPRENEURS
2017

Funded by

$20.5M from 60 funders · 144 grants · 2017–2024

The Chicago Community Trust

$8.6M · 8 grants · 2017–2023

John and Kathleen Schreiber Foundation

$1.9M · 3 grants · 2022–2024

Illinois Arts Alliance

$951K · 2 grants · 2020–2023

Opportunity Finance Network

$900K · 3 grants · 2021–2024

Citi Foundation

$750K · 1 grant · 2020

Accion Opportunity Fund Inc

$704K · 3 grants · 2018–2021

Women's Business Development Center

$693K · 3 grants · 2021–2023

The Bank of America Charitable Foundation Inc

$575K · 6 grants · 2021–2023

Details

EIN363966573
NTEE codeS43Z
Subsection03
Ruling date1995-03
Formed1994
Employees44
Volunteers46
ALLIES FOR COMMUNITY BUSINESS INC — Mission, Financials & Grants Received | Grantivo