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Chicagoland Entrepreneurial Center

Chicagoland Entrepreneurial Center

Chicago, IL
Tax ID20-8411320

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About this organization

Revenue

$9,130,325

Expenses

$10,493,780

Mission

The Center promotes and grows Chicago's entrepreneurial community.

About

The Chicagoland Entrepreneurial Center (the 'Center') seeks to make a perceptible and lasting economic impact on the Chicago region by helping entrepreneurs and highgrowth businesses build viable, sustainable, and profitable enterprises through its flagship program 1871. The 1871 program started in April 2012 with the opening of its now 150,000 square foot state-of-the-art facility designated to support the following purposes: (1) provide affordable, flexible space for early-stage startup companies and entrepreneurs 'members' who are building digital business; (2) provide events, mentorship, classes, and programs that are relevant to entrepreneurs' building digital business; and (3) provide other services and support for digital businesses and the Chicago startup community.

Interesting data from their 2019 990 filing

The non-profit's mission, as described in the filing, is “The center seeks to make a perceptible and lasting economic impact on the chicago region by helping entrepreneurs and high-growth businesses build viable, sustainable and profitable enterprises.”.

When describing its duties, they were characterized as: “The center promotes and grows chicago's entrepreneurial community.”.

  • The non-profit has complied with legal regulations by reporting their state of operation as IL.
  • The filing shows that the non-profit's address as of 2019 is 222 MERCHANDISE MART PLAZA NO 1212, CHICAGO, IL, 60654.
  • As of 2019, the non-profit has reported a total of 34 employees on their form.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$1,363,455.
  • The organization has 35 independent voting members.
  • The organization was formed in 2006.
  • The organization pays $3,075,341 in salary, compensation, and benefits to its employees.
  • The organization pays $152,943 in fundraising expenses.

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