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Chicago urban development organizations

There are 152urban 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 urban development organizationsemploy 864 people, earn more than $114 million in revenue each year, and have assets of $231 million.
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Job trends for Chicago urban development organizations

Employees per organizationNumber of organizations
0
27
1-10
48
11-25
6
26-100
8
101 to 1,000
1
1,000+
0
Key takeaways for employment stats:

Sizes of urban development organizations in Chicago

Revenues per organizationNumber of organizations
< $250k
51
$250k to $1M
39
$1M to $5M
13
$5M to $25M
7
$25M to $100M
0
$100M+
0
Key takeaways for revenue stats:
  • Large organizations like Expanding Black Business NFP, Somercor 504, P33, Chicago Urban League, and World Business Chicago earn the majority of revenues among nonprofits in Chicago urban development organizations.
  • Organizations with less than $1 million in revenue account for 24.3% of combined nonprofit revenues, whereas organizations in Chicago urban development organizations with more than $100 million account for 0.0% of nonprofit earnings.

Directory of urban development organizations in Chicago

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1-20 of 152

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)

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)

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)

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)

Somercor 504

Originate sba 504 loans and foster economic development in the state of Illinois. Administer sba 504 loan program and other economic development activities in the state of Illinois.
Revenue
$11.9m
Assets
$4.7m
Employees
33
EIN
36-3837330
IRS type
501(c)(4)

Chicago Neighborhood Initiatives

Chicago Neighborhood Initiatives is an urban development organization in Chicago, IL whose mission is: Generating economic development & combating community deterioration in low - income communities.
Revenue
$4.5m
Assets
$22.7m
Employees
9
EIN
27-1832686
IRS type
501(c)(3)

Will County Center for Economic Development (CED)

To diversify and strengthen the local economy, to stimulate the creation of new jobs, to generate spendable income, to induce capital investment and broaden the tax base.
Revenue
$1.4m
Assets
$1.7m
Employees
6
EIN
36-3772737
IRS type
501(c)(6)

Schaumburg Business Association

To promote the development of the economic and Business environment of the village of Schaumburg, Illinois.
Revenue
$854.5k
Assets
$236.4k
Employees
10
EIN
36-4445515
IRS type
501(c)(6)

National Community Investment Fund

The National Community Investment Fund invests capital in institutions, primarily banks, that increase access to responsible financial products and services in underserved communities. Ncif contributes to their success by aggregating capital and knowled...
Revenue
$5.7m
Assets
$27.8m
Employees
0
EIN
36-7120987
IRS type
501(c)(4)

Lake County Partnership for Economic Development

To maintain Economic vitality and quality of life in Lake County, Illinois by creating and retaining quality jobs, stimulating capital investment, pursuing Economic diversity and improving the County's business climate. To maintain Economic vitality and...
Revenue
$1.1m
Assets
$1.0m
Employees
4
EIN
36-4206288
IRS type
501(c)(3)

Greater Chatham Initiative

Providing necessary insights and focus to design and implement strategies that drive economic growth. For the first time 40 Greater Chatham retailers participated in the November 2016 American November 2016 American Express and City of Chicago Shop Small ...
Revenue
$817.0k
Assets
$541.0k
Employees
8
EIN
81-3276803
IRS type
501(c)(3)

Urban Juncture Foundation

The Foundation provides job opportunities to its residents, quality goods and services to serve existing and secure new residents, and unique events and attractions to attract visitors. The Foundation helps to stabilize the community, and improve the well...
Revenue
$1.1m
Assets
$663.5k
Employees
8
EIN
27-2446701
IRS type
501(c)(3)

Mapscorps

Mapscorps trains youth to produce high-quality data about community assets that everyone can use to improve the human condition. Our vision is to cultivate scientific minds, healthy people and invested citizens from the assets of our communities. We train...
Revenue
$847.1k
Assets
$395.1k
Employees
50
EIN
81-0857046
IRS type
501(c)(3)

Network of Woodlawn

To improve the quality of life in Woodlawn by building infrastructure. To improve the quality of life in Woodlawn by building infrastructure that supports better education, safety, health and economics.
Revenue
$1.2m
Assets
$0
Employees
45
EIN
45-3232630
IRS type
501(c)(3)
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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 "S31: Urban, Community 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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