Mission
STRENGTHEN COMPANIES IN THE KINZIE INDUSTRIAL CORRIDOR AND FACILITATE ECONOMIC AND COMMUNITY DEVELOPMENT BY PROVIDING SERVICES AND INCUBATOR SPACE.
Public Charity
INDUSTRIAL COUNCIL OF NEARWEST CHICAGO
INDUSTRIAL COUNCIL OF NEARWEST CHICAGO is a Public Charity headquartered in CHICAGO, IL. Financial data from the 2024 filing: $8.8M revenue, $10.2M expenses, $30.2M total assets. 19 publicly reported grants to this organization, totaling roughly $2.1M, appear in IRS filings.
EIN: 363312341
CHICAGO, IL
Latest filing: 2024
Total Revenue$8.8M
Total Expenses$10.2M
Total Assets$30.2M
Grant Records19
Funding Total$2.1M
Filing Years2019–2024
Where $100 goes at Industrial Council of Nearwest Chicago
How Industrial Council of Nearwest Chicago divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$77
Programs
the work itself
$13
Management
running the organization
$10
Fundraising
raising the next dollar
Inside the $77 for programs
$49
Rent space to tenants and provide business development services
$28
Provide business retention services to companies in the nearwest side and in the incubator to strengthen business and retain jobs
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.
Sample Grants Received
General support for programs, operations and other charitable purposes
$287,733
For grant recipient's exempt purposes
$209,300
BTAD PROGRAM SUPPORT
$25,000
For grant recipient's exempt purposes
$200,125
General support for programs, operations and other charitable purposes
$125,938
Showing up to 5 of 19 total records — full history available with membership.
Officers & Directors
MEMBER (THRU MAR 2024)
Andrew Wielgus
MEMBER (THRU MAR 2024)
Andy Bizub
VICE PRESIDENT
Calvin Gin
MEMBER
David Avram
MEMBER
Edward You
VICE TREASURER
Everett Bell
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $8.8M | $10.2M | $30.2M |
| 2023 | $8.6M | $9.8M | $32.1M |
| 2022 | $8.8M | $8.8M | $34.0M |
| 2020 | $3.9M | $3.7M | $9.3M |
| 2019 | $2.8M | $1.4M | $7.7M |
Between 2019 and 2024, reported annual revenue grew from $2.8M to $8.8M (+219%), with total assets most recently reported at $30.2M.
Interactive year-over-year charts and full filing details available with membership.