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EIN 87-3817002

Development Now for Chicago

IRS 501(c) type
501(c)(6)
Num. employees
0
City
Chicago
State
Illinois
Year formed
2021
Most recent tax filings
2023-11-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
Development Now for Chicago formed to promote economic development and improve business conditions in the Chicago metropolitan area by promoting the selection of Chicago as the site of the 2024 Democratic National Convention. It developed and submitted a bid, organized a site visit, and negotiated contracts resulting in the selection of Chicago as the host city for the convention. Its mission continued to promote Chicago as the convention site and serve as the local host committee if selected.
Total revenues
$12,662,411
2023
Total expenses
$4,760,967
2023
Total assets
$8,992,832
2023
Num. employees
0
2023

Program areas at Development Now for Chicago

Development Now for Chicago was formed to promote economic Development and improve business conditions in the Chicago metropolitan area by promoting the selection of Chicago as the site of the 2024 democratic national convention and, if Chicago was selected, to serve as the local host committee for the convention. Chicago was selected in april 2023 and the organization proceeded to serve its exempt purposes by serving as the host committee and putting in place personnel and systems, and beginning to contract for facilities, goods, services and supplies to provide infrastructure for the convention and showcasing of Chicago as host city.

Personnel at Development Now for Chicago

NameTitleCompensation
Christy GeorgeExecutive Director$0
Jesse RuizSecretary - Bod Member$0
Brandon SalesberryAssistant Treasurer$0
Michelle HarrisTreasurer - Bod Member$0
Michael J SacksPresident - Bod Member$0

Financials for Development Now for Chicago

RevenuesFYE 11/2023
Total grants, contributions, etc.$12,653,364
Program services$0
Investment income and dividends$9,047
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$12,662,411

Form 990s for Development Now for Chicago

Fiscal year endingDate received by IRSFormPDF link
2023-112024-10-15990View PDF
2022-112024-10-15990View PDF
2022-112023-10-14990View PDF
Data update history
November 27, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 24, 2024
Used new vendors
Identified 5 new vendors, including , , , , and
November 29, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 28, 2023
Updated personnel
Identified 5 new personnel
November 26, 2023
Used new vendors
Identified 4 new vendors, including , , , and
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
State / local levelNo full-time employees
General information
Address
120 N Racine St 200
Chicago, IL 60607
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
chicago2024.com/ 
Phone
(708) 365-8003
IRS details
EIN
87-3817002
Fiscal year end
November
Taxreturn type
Form 990
Year formed
2021
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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