NonprofitsDevelopment Now For Chicago

Community Improvement & Capacity Building

Development Now For Chicago

CHICAGO, IL

Total revenue

$81.5M

Total expenses

$81.7M

Net assets

$8.7M

Grants received

$14.8M

19 grants

EIN

873817002

Tax year

2023

Mission

Development now for chicago was formed to promote economic development and improve business conditions in the chicago metropolitan area.

Programs

1 program

Development now for chicago made grants for beautification, economic development, and improving community conditions.

Financials

FY 2023

Revenue

Contributions & grants$79.5M
Program service revenue
Investment income$748K
Other revenue$1.2M
Total revenue$81.5M

Expenses

Grants paid$73K
Salaries & benefits$2.7M
Fundraising
Other expenses$78.3M
Total expenses$81.7M
Total assets$9.0M
Net assets$8.7M

People

7 listed

NameRoleCompensation

CHRISTY GEORGE

EXECUTIVE DIRECTOR

Board

$83K

40 hrs/wk

MICHELLE HARRIS

TREASURER-BOD MEMBER

Board

1 hrs/wk

JESSE RUIZ

SECRETARY-BOD MEMBER

Board

1 hrs/wk

MICHAEL J SACKS

PRESIDENT-BOD MEMBER

Board

1 hrs/wk

ANNE CAPRARA

DIRECTOR

Board

1 hrs/wk

BRANDON SALESBERRY

ASSISTANT TREASURER

Board

1 hrs/wk

JASON LEE

DIRECTOR

Board

1 hrs/wk

Independent contractors

UNITED CENTER

VENUE LICENSE FEES

$3M

EVENTSPHERE LLC

HOTEL MANAGEMENT & CONSULTING SERVICES

$788K

MAGNIFY STRATEGIES LLC

MANAGEMENT STRATEGY

$702K

NEAL & LEROY LLC

LEGAL CONSULTING

$107K

Grants received

Showing 19 of 19

FromAmountPurposeYear
$2M
GENERAL SUPPORT
2024
$1.5M
DONATION TO 2024 DNC
2024
$1M
SOCIAL WELFARE CONTRIBUTION
2024
$400K
SPONSORSHIP
2024
$250K
2024 DEMOCRATIC NATIONAL CONVENTION SPONSORSHIP
2024
$20K
GENERAL CONTRIBUTION OF SUPPORT
2024
$20K
GENERAL CONTRIBUTION OF SUPPORT
2024
$10K
GENERAL CONTRIBUTION OF SUPPORT
2024
$5M
PROGRAMMATIC SUPPORT
2023
$1.4M
FINANCIAL ASSISTANCE
2023
$375K
GENERAL SUPPORT
2023
$102K
GRANT TO DEFRAY COSTS OF HOSTING 2024 DEMOCRATIC NATIONSL CONVENTION
2023
$100K
TO PROVIDE ASSITANCE TO PROMOTE ECONOMIC DEVELOPMENT AND IMPROVE BUSINESS CONDITIONS IN THE CHICAGO METROPOLITAN AREA.
2023
$50K
2024 Democratic National Convention
2023

Funded by

$14.8M from 19 funders · 19 grants · 2023–2024

International Brotherhood Of

$5M · 1 grant · 2023

Future Forward Usa Action

$2M · 1 grant · 2024

Int Union United Auto National

$1.5M · 1 grant · 2024

House Majority Forward

$1M · 1 grant · 2024

American Federation Of State County

$550K · 1 grant · 2024

Details

EIN873817002
NTEE codeS41
Subsection06
Ruling date2022-04
Formed2021
Employees12
Volunteers12000
DEVELOPMENT NOW FOR CHICAGO — Mission, Financials & Grants Received | Grantivo