NonprofitsChicago Inventors Organization

Education

Chicago Inventors Organization

CHICAGO, IL

Total revenue

$115K

Total expenses

$107K

Net assets

$19K

Grants received

$149K

8 grants

EIN

200971520

Tax year

2022

Mission

Chicago Inventors Organization assists inventors from low and moderate-income communities with limited financial resources whose products will create sustainable businesses and jobs in the Chicago metropolitan area during their navigation of the invention process.

Financials

FY 2022

Revenue

Contributions & grants$82K
Program service revenue$33K
Investment income
Other revenue
Total revenue$115K

Expenses

Grants paid
Salaries & benefits$54K
Fundraising
Other expenses$28K
Total expenses$107K
Total assets$92K
Net assets$19K

People

8 listed

NameRoleCompensation

Calvin Flowers

President

Board

$36K

35 hrs/wk

Dennis Daniels

Vice President

Board

$4K

10 hrs/wk

Jennifer Turner

Treasurer

Board

$2K

5 hrs/wk

Thomas Kuczmarski

Board Member

Board

0.05 hrs/wk

Millie Liggins

Board Member

Board

0

Adam Kelly

Board Member

Board

0

Kenneth A Matuszewski

Board Member

Board

2 hrs/wk

David Girzadas

Board Member

Board

1 hrs/wk

Grants received

Showing 8 of 8

FromAmountPurposeYear
$5K
Provides resources to Inventors in navigating the complex invention process to create marketable products
2023
$5K
Provides resources to Inventors in navigating the complex invention process to create marketable products
2022
$5K
Provides resources to Inventors in navigating the complex invention process to create marketable products
2021
$5K
Provides resources to Inventors in navigating the complex invention process to create marketable products
2020

Funded by

$149K from 2 funders · 8 grants · 2020–2024

Greater Southwest Development Corp

$129K · 4 grants · 2022–2024

The Chicago Innovation Foundation

$20K · 4 grants · 2020–2023

Details

EIN200971520
NTEE codeB99
Subsection03
Ruling date2004-07
CHICAGO INVENTORS ORGANIZATION — Mission, Financials & Grants Received | Grantivo