Public Charity

WORLD BUSINESS CHICAGO

Based in CHICAGO, IL, WORLD BUSINESS CHICAGO operates as a Public Charity. The organization reported $9.8M in revenue, $9.3M in expenses, $12.1M in total assets for fiscal year 2024. Imperigo tracks 71 reported grant relationships connected to this organization totaling approximately $4.8M.

EIN: 364313685 CHICAGO, IL Urban & Community Economic Development NTEE: S31 Latest filing: 2024
Total Revenue$9.8M
Total Expenses$9.3M
Total Assets$12.1M
Grant Records71
Funding Total$4.8M
Filing Years2019–2024

Mission

WORLD BUSINESS CHICAGO IS THE CITY OF CHICAGO'S PUBLIC-PRIVATE ECONOMIC DEVELOPMENT AGENCY. OUR MISSION IS TO DRIVE INCLUSIVE ECONOMIC GROWTH AND JOB CREATION, SUPPORT BUSINESS, AND PROMOTE CHICAGO AS A LEADING GLOBAL CITY.

Where $100 goes at World Business Chicago

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

$79 Programs the work itself
$16 Management running the organization
$5 Fundraising raising the next dollar

Inside the $79 for programs

$79
World Business Chicago (wbc) drives economic growth through three main areas: business attraction and retention, inclusive economic growth and jobs, international strategic initiatives and cultural exchange through the…
All program spending
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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

STRATEGY & INNOVATION CHIE Abin Kuriakose
EVP GLOBAL STRATEGIC INITI Adrienne Tongate
DIRECTOR Alanna Cotton
EX OFFICIO DIRECTOR Andrea Zopp
SVP, CHIEF OF STAFF Andrew Hayes
TREASURER Arla Lach

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$2,149,276 50 grants
Fundraising & Sponsorship
$722,500 6 grants
Research & Policy
$640,800 2 grants
Economic Development
$163,204 4 grants
Education
$100,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $9.8M $9.3M $12.1M
2023 $13.1M $13.5M $11.7M
2022 $11.3M $11.7M $12.7M
2020 $6.2M $7.3M $8.1M
2019 $6.6M $7.0M $9.6M

Between 2019 and 2024, reported annual revenue grew from $6.6M to $9.8M (+49%), with total assets most recently reported at $12.1M.

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

See the full picture for WORLD BUSINESS CHICAGO

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