NonprofitsChicago Family Business Council Inc

Community Improvement & Capacity Building

Chicago Family Business Council Inc

CHICAGO, IL

Total revenue

$579K

Total expenses

$578K

Net assets

$587K

Grants received

$11K

1 grants

EIN

453803171

Tax year

2023

Mission

EFBC exists to help entrepreneurs, family businesses, and closely-held companies achieve their business goals through a unique peer support system and related educational programs that provide growth strategies for chief executives, their employees, their families and their businesses.EFBCs roots date back to 1993, when local businessman James P. Liautaud approached the University of Illinois at Chicago about underwriting an organization dedicated to family businesses. The Family Business Council (FBC) welcomed its first members in 1994 and operated under UICs College of Business Administration for nearly two decades. The FBC name still lives on at the College of Business Administrations home, Douglas Hall, where FBC sponsored a room in honor of the organizations long-standing relationship with the university.In 2011, the organization became an independent nonprofit organization and changed its name to Chicago Family Business Council. CFBC formed an affiliation with DePaul Universitys

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$564K
Investment income$13K
Other revenue$2K
Total revenue$579K

Expenses

Grants paid
Salaries & benefits$280K
Fundraising
Other expenses$298K
Total expenses$578K
Total assets$801K
Net assets$587K

People

11 listed

NameRoleCompensation

ELIZABETH FIDANOVSKI

Executive Dir.

Board

$107K

45 hrs/wk

DAVE HORVATH

President

Board

2 hrs/wk

BOB CARMODY

Director

Board

1 hrs/wk

BJ SLATER

Director

Board

1 hrs/wk

MARCUS NEWMAN

Director

Board

1 hrs/wk

JOEL SPENCER

Finance Officer

Board

1 hrs/wk

ANDY SANGHANI

Past President

Board

1 hrs/wk

DARRIN SHILLAIR

Vice President

Board

2 hrs/wk

BRUCE LEECH

Director

Board

1 hrs/wk

MARY BETH MCLEAN

Director

Board

1 hrs/wk

DAVE WESTERMAN

Forum Officer

Board

1 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$11K
Contribution
2022

Funded by

$11K from 1 funder · 1 grant · 2022

Frontstream Global Fund

$11K · 1 grant · 2022

Details

EIN453803171
NTEE codeS41
Subsection03
Ruling date2020-01
Formed2011
Employees4
Volunteers57
CHICAGO FAMILY BUSINESS COUNCIL INC — Mission, Financials & Grants Received | Grantivo