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Chicago economic development organizations

There are 238economic development organizations in the greater Chicagometro area, including the cities of Chicago, Bolingbrook, Des Plaines, Elgin, Evanston, Hoffman Estates, Naperville, Schaumburg, Skokie, and Gary within the states of Illinois and Indiana. Combined, these Chicago metro economic development organizationsemploy 1,632 people, earn more than $319 million in revenue each year, and have assets of $311 million.
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Types of economic development organizations in Chicago

Nonprofit typeNumberRevenues
Economic development organizations
238
$318,584,070
Urban development organizations
152
$114,031,386
Convention centers and visitor bureaus
13
$47,980,649
Showing 3 of 3categories

Job trends for Chicago economic development organizations

Employees per organizationNumber of organizations
0
32
1-10
68
11-25
14
26-100
9
101 to 1,000
3
1,000+
0
Key takeaways for employment stats:

Sizes of economic development organizations in Chicago

Revenues per organizationNumber of organizations
< $250k
75
$250k to $1M
49
$1M to $5M
25
$5M to $25M
8
$25M to $100M
1
$100M+
1
Key takeaways for revenue stats:

Directory of economic development organizations in Chicago

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1-20 of 238

DuPage Convention & Visitors Bureau

To actively market DuPage County to individual travelers and meeting/event planners as an enticing destination for both business and leisure travel in order to enhance the economic fiber of the County.
Revenue
$2.6m
Assets
$829.3k
Employees
13
EIN
36-3667324
IRS type
501(c)(6)

Chicago Southland Convention and Visitors Bureau

Mission: To market the communities within the Chicago Southland region as a meetings and leisure destination; soliciting conventions, exhibitions, sporting events and other related group business; engaging in visitor promotions.
Revenue
$2.3m
Assets
$2.1m
Employees
15
EIN
36-3891072
IRS type
501(c)(6)

Choose Chicago (CCTB)

CCTB's mission is to bring regional, national and international business and leisure visitors to Chicago for the economic benefit of the City, the community and our membership.
Revenue
$32.6m
Assets
$14.5m
Employees
108
EIN
36-2704879
IRS type
501(c)(6)

Financial Health Network (CFSI)

To improve the financial health of Americans, especially the underserved, by shaping a robust and innovative financial services marketplace with increased access to higher quality products and practices.
Revenue
$21.6m
Assets
$20.0m
Employees
87
EIN
20-3006098
IRS type
501(c)(3)

Bickerdike Redevelopment Corporation

To redevelop West Town, Humboldt Park, Logan Square and Hermosa communities for the benefit of and control by the lower and moderate-income residents of those areas and began by developing affordable single family homes.
Revenue
$5.1m
Assets
$72.5m
Employees
93
EIN
23-7087890
IRS type
501(c)(3)

Expanding Black Business NFP

Expanding Black Business NFP is a not-for-profit organization established to document and disseminate best practices in lending to Black businesses within network and broadly; with a goal of dramatically increasing lending to black-owned businesses across...
Revenue
$13.6m
Assets
$10.1m
Employees
0
EIN
81-5173829
IRS type
501(c)(3)

TARGET Area Development Corporation (TADC)

TARGET Area Development Corporation is a regional grassroots social justice organization, building power in communities to solve stubborn problems using Research, Organizing, Mobilization, and Education.
Revenue
$4.2m
Assets
$1.3m
Employees
79
EIN
36-4024688
IRS type
501(c)(3)

P33

P33 promotes initiatives & policies that integrate education, emerging & established businesses and government to ensure Chicago becomes a magnet for builders of the next era and to enable shared economic opportunity for all Chicagoans. P33 promotes ini...
Revenue
$10.9m
Assets
$8.7m
Employees
9
EIN
83-2851368
IRS type
501(c)(3)

World Business Chicago

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.
Revenue
$6.6m
Assets
$9.6m
Employees
57
EIN
36-4313685
IRS type
501(c)(3)

Community and Economic Development Association of Cook County (CEDA)

CEDA's mission to work in partnership with communities to empower families and individuals to achieve self-sufficiency and improve their quality of life.
Revenue
$119.9m
Assets
$19.2m
Employees
379
EIN
36-2597741
IRS type
501(c)(3)

Calumet Area Industrial Commission

Voluntary association of. Voluntary association of industry and suppliers to industry, which exists to attract, develop and retain industry in the Calumet region.
Revenue
$2.0m
Assets
$588.1k
Employees
20
EIN
36-2647579
IRS type
501(c)(3)

East Woodlawn Residential Development Corporation

East Woodlawn Residential Development Corporation is an economic development organization in Chicago, IL whose mission is: Affordable housing for the elderly. Affordable housing for the elderly and disabled.
Revenue
$4.4m
Assets
$2.8m
Employees
5
EIN
36-3585626
IRS type
501(c)(3)

Lawndale Christian Development Corporation

Revitalization of the Lawndale community. To bring holistic revitalization to the lives and the environment of North Lawndale residents through economic empowerment, housing improvement, educational enrichment, and community advocacy.
Revenue
$2.2m
Assets
$4.0m
Employees
10
EIN
36-3573036
IRS type
501(c)(3)

Chicago Urban League

The mission of the Chicago Urban League is to work for economic, educational and social progress for african Americans and promote strong, sustainable communities through progressive advocacy, effective collaborations, and innovative programming. Civil ...
Revenue
$6.7m
Assets
$3.3m
Employees
166
EIN
36-2225483
IRS type
501(c)(3)

Kinzie Industrial Development Corporation

Strengthen companies in the Kinzie Industrial corridor and facilitate economic and community Development by providing services and incubator space.
Revenue
$3.9m
Assets
$9.3m
Employees
36
EIN
36-3312341
IRS type
501(c)(3)

Meet Chicago Northwest (MCNW)

Meet Chicago Northwest is a non-profit, 501c6, destination marketing organization whose mission is to promote their service area of eight communities for meetings, convention, sporting events, group tours, and leisure visits.
Revenue
$2.0m
Assets
$943.0k
Employees
12
EIN
36-3262249
IRS type
501(c)(6)

Northwest Indiana Forum

The organization is a regional voice for the business community and a significant catalyst for initiatives that promote economic development and create and retain quality jobs.
Revenue
$822.4k
Assets
$187.5k
Employees
3
EIN
35-1467924
IRS type
501(c)(6)

Choose Dupagebiz

Solely dedicated to advancing Dupage county as a premier global business location by retaining and expanding the current diversified business base and attracting new business investment.
Revenue
$756.6k
Assets
$464.2k
Employees
6
EIN
32-0177792
IRS type
501(c)(6)

Lakeview East Development Corporation

Lakeview East Development Corporation (LEDC) works to promote the interests of businesses within the Lake View community of Chicago, IL. Their programs include initiatives to support local businesses and attract new businesses to the area.
Revenue
$1.9m
Assets
$594.9k
Employees
18
EIN
36-3146679
IRS type
501(c)(6)

Naperville Development Partnership

The primary purpose is to maintain and improve the economic vitality of the businesses and residents of Naperville, il through the retention, expansion and attraction of all commercial enterprises conducive to the maintenance of quality of life. To mainta...
Revenue
$1.0m
Assets
$354.3k
Employees
8
EIN
36-4096302
IRS type
501(c)(6)
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Methodology: Cause IQ mines all tax-exempt organizations that file a Form 990, Form 990-EZ, or Form 990-PF with the IRS. We collect and aggregate this information from OCR'd paper taxreturns, XML e-file taxreturns, IRS-provided extract, the Business Master File, and Cause IQ secret sauce for data cleaning, categorization, classification, analytics, etc.
This category corresponds to the "S30: Economic Development" National Taxonomy of Exempt Entities (NTEE) code. Cause IQ determines NTEEs for organizations by its own internally-developed secret-sauce algorithms.
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