Public Charity

ALLIES FOR COMMUNITY BUSINESS INC

ALLIES FOR COMMUNITY BUSINESS INC is a Public Charity headquartered in CHICAGO, IL. Financial data from the 2025 filing: $8.0M revenue, $8.7M expenses, $41.6M total assets. 101 publicly reported grants to this organization, totaling roughly $17.9M, appear in IRS filings.

EIN: 363966573 CHICAGO, IL Small Business Development NTEE: S43 Latest filing: 2025
Total Revenue$8.0M
Total Expenses$8.7M
Total Assets$41.6M
Grant Records101
Funding Total$17.9M
Filing Years2019–2025

Mission

ALLIES FOR COMMUNITY BUSINESS IS A NONPROFIT THAT PROVIDES THE CAPITAL, COACHING, AND CONNECTIONS ENTREPRENEURS NEED TO GROW GREAT BUSINESSES THAT CREATE JOBS AND WEALTH IN THEIR COMMUNITIES.

Where $100 goes at Allies for Community Business Inc

How Allies for Community Business Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$82 Programs the work itself
$11 Management running the organization
$7 Fundraising raising the next dollar

Inside the $82 for programs

$82
Allies for Community Business (a4cb) supports small businesses that strengthen their communities
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2025
PROMOTE/SUPORT SMALL BUS AND THEIR DEVELOPMENT
$250,000
2024
General support for programs, operations and other charitable purposes
$1,199,133
2024
BUSINESS SUPPORT ORGANIZATIONS PROVIDING TECHNICAL ASSISTANCE TO ENTREPRENEURS.
$303,771
2024
PROMOTE/SUPPORT SMALL BUS AND THEIR DEVELOPMENT
$250,000
2024
OPERATING GRANT
$250,000

Showing up to 5 of 101 total records — full history available with membership.

Officers & Directors

DIRECTOR Adrianne Spivey Resigned 111425
DIRECTOR Anthony Waller Resigned 111425
DIRECTOR Ben Bochnowski
CHIEF EXECUTIVE OFFICER Brad Mcconnell
DIRECTOR Clemente Nicado
CHAIR, OUTREACH Darlene Hightower

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$10,318,571 32 grants
General Support
$5,207,257 47 grants
Arts & Culture
$1,000,548 3 grants
Training & Professional Development
$275,000 3 grants
Human & Social Services
$250,000 5 grants

Financial Trends

Year Revenue Expenses Assets
2025 $8.0M $8.7M $41.6M
2024 $9.9M $9.8M $36.4M
2023 $9.1M $8.8M $35.6M
2022 $9.0M $7.8M $47.3M
2019 $5.9M $4.4M $13.0M

Between 2019 and 2025, reported annual revenue grew from $5.9M to $8.0M (+36%), with total assets most recently reported at $41.6M.

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

See the full picture for ALLIES FOR COMMUNITY BUSINESS INC

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