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.

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

TO SUPPORT FOR THE CHICAGO PROACTIVE RESPONSE: COVID-19
$1,000,000 1 grant
In support of the launch of mHubs Catalyze Initiative by funding deep partnerships in communities of color and ongoing Support for the entrepreneurs that come from these communities.
$700,000 2 grants
CLIMATE HARDTECH DEVELOPMENT
$300,000 1 grant
TECHNOLOGY AND INNOVATION
$249,888 1 grant
For grant recipient's exempt purposes
$165,000 2 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.

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