Public Charity

ALLIES FOR COMMUNITY BUSINESS INC

ALLIES FOR COMMUNITY BUSINESS INC is a Public Charity headquartered in CHICAGO, IL. Financial data from the 2024 filing: $9.9M revenue, $9.8M expenses, $36.4M total assets. 98 publicly reported grants to this organization, totaling roughly $16.7M, appear in IRS filings.

EIN: 363966573 CHICAGO, IL Latest filing: 2024
Total Revenue$9.9M
Total Expenses$9.8M
Total Assets$36.4M
Grant Records98
Funding Total$16.7M
Filing Years2018–2024

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.

Sample Grants Received

SMALL BUSINESS ADVOCACY COUNCIL
2025
PROMOTE/SUPORT SMALL BUS AND THEIR DEVELOPMENT
$250,000
WOMEN'S BUSINESS DEVELOPMENT CENTER
2024
BUSINESS SUPPORT ORGANIZATIONS PROVIDING TECHNICAL ASSISTANCE TO ENTREPRENEURS.
$303,771
OPPORTUNITY FINANCE NETWORK
2024
OPERATING GRANT
$250,000
SMALL BUSINESS ADVOCACY COUNCIL
2024
PROMOTE/SUPPORT SMALL BUS AND THEIR DEVELOPMENT
$250,000
ROBERT R MCCORMICK FOUNDATION
2024
NEIGHBORHOOD ENTREPRENEURSHIP LAB (NEL)
$200,000

Showing up to 5 of 98 total records — full history available with membership.

Officers & Directors

DIRECTOR Adrianne Spivey
DIRECTOR Anthony Waller
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

General 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.
$2,860,000 2 grants
TO SUPPORT GREATER ENGLEWOOD CHAMBER OF COMMERCE, TECHNOLOGY, STAFF, AND OTHER STRATEGIES FOR INCREASING CAPACITY TO TRACK DATA AND DELIVER INNOVATIVE PRODUCTS WITH THE GOAL OF CONTINUOUSLY IMPROVING OUTCOMES FOR SMALL BUSINESS OWNERS, JUSTICE OF THE PIES, OAKANDHEIR, NEIGHBORHOOD ENTREPRENEURSHIP LAB, THE HATCHERY PHASE II, AND GENERAL OPERATING SUPPORT
$1,883,500 1 grant
support 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.
$1,496,541 1 grant
TO SUPPORT LOAN CAPITAL FOR ENTREPRENEURS, HIRING OF NEW BUSINESS COACHES, LOAN ADMINISTRATION SUPPORT, NEL COHORTS, COLLABORATIVE WORK WITH GREATER ENGLEWOOD CHAMBER OF COMMERCE, CAPITAL FUNDING, AND GENERAL OPERATING SUPPORT
$1,066,000 1 grant
COOK COUNTY ARTS INITIATIVE
$790,000 1 grant

Financial Trends

Year Revenue Expenses Assets
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
2018 $5.9M $3.7M $10.8M

Between 2018 and 2024, reported annual revenue grew from $5.9M to $9.9M (+70%), with total assets most recently reported at $36.4M.

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

See the full picture for ALLIES FOR COMMUNITY BUSINESS INC

Complete financials, all 98 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

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