NonprofitsChicago New Business Nfp

Community Improvement & Capacity Building

Chicago New Business Nfp

CHICAGO, IL

Total revenue

$224K

Total expenses

$256K

Net assets

$2K

Grants received

$74K

2 grants

EIN

821466120

Tax year

2024

Mission

The 36Squared Business Incubator is a small business development organization that is unique in actively seeking to work with the disabled and disadvantaged entrepreneur community in the city of Chicago. In 2023 the 36squared business incubator assisted more than 97 clients with starting or growing their own businesss. The 90% of these clients were women and/or minorities and came from disadvantaged areas on Chicago's South and Southwest side. We held more than 11 training events focused on the basics of starting a small business in Illinois, finding funding, and access to available grants and incentives. We also hosted more than 50 women entrepreneurs at a free "Women in Business" luncheon where the attendees were able to network, build relationships, find clients and hear the success stories of other more established businesses. Also, in 2024 we hosted our annual "Boost Awards for Disabled Entrepreneurship". This is a breakfast event where our clients with disabilities .

Programs

2 programs

Hosted 6 areas business in an inclusive ( able and disabled, multi racial) shared workspace.

Expenses: $35K

Head more that 20 webinars and online trainings on business subjects like "where to go when the bank say No" (funding) "Business Plan Basics, as well as "Staring Your Business in Chicago"

Expenses: $25K

Financials

FY 2024

Revenue

Contributions & grants$86K
Program service revenue$138K
Investment income
Other revenue
Total revenue$224K

Expenses

Grants paid
Salaries & benefits$224K
Fundraising
Other expenses$32K
Total expenses$256K
Total assets$2K
Net assets$2K

People

3 listed

NameRoleCompensation

Andrew Fotrgaty

Executive Director

Board

$114K

40 hrs/wk

Erika G Gonzalez

Director of Program MAnagement

Board

$69K

40 hrs/wk

Laura Martinez

Advisor

Board

$13K

20 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$59K
BUSINESS SUPPORT ORGANIZATIONS PROVIDING TECHNICAL ASSISTANCE TO ENTREPRENEURS.
2023
$15K
SMALL BUSINESS ASSISTANCE GRANTS
2022

Funded by

$74K from 1 funder · 2 grants · 2022–2023

Women's Business Development Center

$74K · 2 grants · 2022–2023

Details

EIN821466120
NTEE codeS43
Subsection03
Ruling date2018-04
Formed2017
Employees0
CHICAGO NEW BUSINESS NFP — Mission, Financials & Grants Received | Grantivo