Public Charity

MHUB

MHUB, of CHICAGO, IL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $9.6M in revenue, $10.9M in expenses, $49.5M in total assets. 9 publicly reported grants to this organization, totaling roughly $2.6M, appear in IRS filings.

EIN: 463388438 CHICAGO, IL Latest filing: 2024
Total Revenue$9.6M
Total Expenses$10.9M
Total Assets$49.5M
Grant Records9
Funding Total$2.6M
Filing Years2019–2024

Mission

TO ENABLE U.S. HARDTECH INNOVATION AND COMMERCIALIZATION BY FUELING COLLABORATION AND PROVIDING AND ACCESSIBLE, HYPER-RESOURCED ENVIRONMENT TO DEVELOP, FUND AND ACCELERATE CLEAN ENERGY, HEALTH, SUSTAINABILITY, AND MANUFACTURING ENTREPRENEURSHIP.

Where $100 goes at Mhub

How Mhub divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$66 Programs the work itself
$28 Management running the organization
$6 Fundraising raising the next dollar

Inside the $66 for programs

$24
Innovation center
37% of program spending
$22
Hardtech development services (Mhub hd)
33% of program spending
$13
Mhub accelerator
19% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

CHIEF OF STAFF Allison Winstel
BOARD DIRECTOR Bob Weissbourd
BOARD DIRECTOR Corey Ryan
BOARD DIRECTOR Don Mcneill
BOARD DIRECTOR Edward Coleman
DIRECTOR OF STRATEGIC PARTNERSHIPS Elizabeth Andrews

Officer compensation and complete director data available with membership.

Top Grant Purposes

Health & Medicine
$1,000,000 1 grant
Economic Development
$850,000 3 grants
Environment & Conservation
$300,000 1 grant
Research & Policy
$249,888 1 grant
General Support
$175,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $9.6M $10.9M $49.5M
2023 $18.8M $9.2M $50.0M
2022 $9.1M $8.2M $9.4M
2020 $5.9M $6.4M $2.5M
2019 $4.3M $5.5M $2.6M

Between 2019 and 2024, reported annual revenue grew from $4.3M to $9.6M (+126%), with total assets most recently reported at $49.5M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for MHUB

Complete financials, all 9 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

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