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Allies for Community Business INC

Public charityFed auditsIRS 990
DBA: % BRADLEY MCCONNELL
Community Development · CHICAGO, IL · EIN 36-3966573

Money In (latest fiscal year)

990 · FY ending 2024-12-31
Very large (approx.)
Donor contributions
$7.7M
Investment income
$138K
Program-service revenue
$2.2M
→
Total revenue
$9.9M

Grants Received (Top 50 by amount)

2,120 grants · $368.1M total
GrantorEINFYCash grantPurpose
THE CHICAGO COMMUNITY TRUST3621670002023-09-30$1.5Msupport for activities on the South Side of Chicago, General Operating Support, support for NEL program run by Rowan Richards, support for Neighborhood Entrepreneurship Lab (Second-year Renewal Grant), support for Neighborhood Entrepreneurship Lab, Support for NEL, A4CB will offer revenue-based financing to a diverse set of Cook County entrepreneurs with high growth potential. A4CB will leverage a $1M loan loss reserve grant from the Trust in order to deploy $5M of loan capital. The loan loss reserve grant is crucial to offer this type of financing in an economically prudent manner. Funding from the Searle Funds at The Chicago Community Trust., Support of the Neighborhood Entrepreneurship Lab (NEL) and their ongoing grant program enabling small business owners of color to build individual and community wealth.
THE CHICAGO COMMUNITY TRUST3621670002022-09-30$1.4MGeneral operating support. Support for Neighborhood Entrepreneurship Lab and (First-time Grant). Support to provide the capital, coaching and connections entrepreneurs need to grow great businesses that create jobs and wealth in communities in Chicago. Support for NEL cohort 2021-2022 - direct support for entrepreneurs.
THE CHICAGO COMMUNITY TRUST3621670002025-09-30$1.2MGeneral support for programs, operations and other charitable purposes
ILLINOIS ARTS ALLIANCE3631775922024-09-30$790KCOOK COUNTY ARTS INITIATIVE