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Industrial Council of Nearwest Chicago

Public charity
Other · CHICAGO, IL · EIN 36-3312341

About

Strengthen companies in the kinzie industrial corridor and facilitate economic and community development by providing services and incubator space.

Donations are tax-deductible
Category
Other
Employees
47
Volunteers
15

Financial Snapshot

FY ending 2024-12-31
Revenue
$8.8M
Expenses
$10.2M
Assets
$30.2M
Liabilities
$18.6M

Financial history

$10.2M$5.1M$0
161718192021222324
RevenueExpenses
Latest FY2024: $8.8M · Peak FY2022: $8.8M · Avg: $4.6M
INDUSTRIAL COUNCIL OF NEARWEST CHICAGO
Your actions

Address

320 N Damen Avenue 1ST Floor
Chicago, IL, 60612-247

Governance

Voting board members15
Independent members15
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Retained by contractors$50K
Public records
ProPublica Nonprofit Explorer
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IRS Tax Exempt Organization Search
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