NonprofitsBusiness Services Collective Nfp

Civil Rights, Social Action & Advocacy

Business Services Collective Nfp

CHICAGO, IL

Total revenue

$592K

Total expenses

$991K

Net assets

$27K

Grants received

$1.4M

13 grants

EIN

843973294

Tax year

2024

Mission

Our mission is to cultivate the financial health of diverse businesses in the construction industry through comprehensive coaching and training, and back-office support from local service providers. We take an innovative and holistic approach to help entrepreneurs strategically plan, effectively manage, and fund their growth.

Programs

2 programs

Cooperative: launched initiative to support the creation of a shared services cooperative for minority-owned and women-owned construction businesses to access vital back office services at affordable prices to increase business resiliency, growth, and hiring. 2024 programming included formation of leadership circle of founding members, creating mission, vision, values and draft operating model. Cooperative projected to launch in 2026.

Expenses: $173K

Youth apprenticeship: trained 12 workforce candidates in construction project management, construction cost estimating and bid packaging. Workforce candidates partnered with minority-owned and women-owned business enterprises within the construction industry to provide 765 hours of entry-level staffing support through on the job experience to partnered businesses.

Expenses: $112K

Financials

FY 2024

Revenue

Contributions & grants$510K
Program service revenue$64K
Investment income$1K
Other revenue$17K
Total revenue$592K

Expenses

Grants paid$19K
Salaries & benefits$453K
Fundraising$22K
Other expenses$519K
Total expenses$991K
Total assets$155K
Net assets$27K

People

5 listed

NameRoleCompensation

NITIKAJI NAUTIYAL

Treasurer

Board

$136K

40 hrs/wk

KYLE JOHNSON

SECRETARY&COO

Board

$123K

40 hrs/wk

DEON LUCAS

BOARD CHAIR

Board

1 hrs/wk

DELMAR GILLUS

Director

Board

1 hrs/wk

CLAUDETTE SOTO

Director

Board

1 hrs/wk

Independent contractors

MEJAI DYSON

ESTIMATOR PROGRAM SERVICE

$127K

Grants received

Showing 13 of 13

FromAmountPurposeYear
$85K
Program Services
2024
$150K
General support for programs, operations and other charitable purposes
2023
$100K
CAPACITY BUILDING/GENERAL SUPPORT
2023
$85K
Program Services
2023
$75K
To support general operations
2023
$235K
in support of strengthening BSC's accounting systems and back-office infrastructure to help them successfully compete for federally funded government grants.
2022
$75K
To provide support for 2022 operations.
2022
$150K
To provide back-office Support for neighborhood-based construction entrepreneurs to increase capacity for growth by teaching best practices for running a construction business in Chicago.
2021
$150K
To provide back-office Support for neighborhood-based construction entrepreneurs to increase capacity for growth by teaching best practices for running a construction business in Chicago.
2021
$60K
TO SUPPORT BUSINESS COACHING, AND INFRASTRUCTURE
2020
$45K
TO SUPPORT IT SERVICES AND UPDATES
2019

Funded by

$1.4M from 5 funders · 13 grants · 2019–2024

The Chicago Community Trust

$790K · 6 grants · 2019–2023

Local Initiatives Support Corporation

$200K · 2 grants · 2023–2024

Elevate Energy

$170K · 2 grants · 2023–2024

Builders Vision Foundation

$150K · 2 grants · 2022–2023

Forefront

$100K · 1 grant · 2023

Details

EIN843973294
NTEE codeR12
Subsection03
Ruling date2020-02
Formed2019
Employees4
Volunteers3
BUSINESS SERVICES COLLECTIVE NFP — Mission, Financials & Grants Received | Grantivo