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Community Development : Housing and Neighborhood Development

World Business Chicago

Find the Center of Tomorrow: Chicago

four stars

91.82

177 North State Street Suite 500
Chicago, IL 60601
tel: (312) 553-0500   Web Site
EIN: 36-4313685

Board Leadership
Lori E. Lightfoot
Chair

CEO
Andrea Zopp
President & CEO

  Score
(out of 100)
Rating
Overall Score & Rating 91.82 four stars
  Financial 88.44 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 05/01/2020 and includes data from FY2018, the most recent 990 received at that time.

World Business Chicago is a public-private, non-profit partnership that drives inclusive economic growth and job creation, supports business, and promotes Chicago as a leading global city.

World Business Chicago is a public-private, non-profit partnership that drives inclusive economic growth and job creation, supports business, and promotes Chicago as a leading global city.

Impact Information

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Financial

three stars

88.44

Accountability & Transparency

four stars

100.00

This rating was published 05/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
70.8%
  Administrative Expenses 23.1%
  Fundraising Expenses 6.0%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 0.84
  Program Expenses Growth 15.8%
  Liabilities to Assets 13.9%
All data for Financial Performance Metrics calculations was provided by World Business Chicago on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by World Business Chicago on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
World Business Chicago (IL) 91.82 four stars
Hope Enterprise Corporation (MS) 88.78 three stars
Association for Enterprise Opportunity (DC) 91.70 four stars
Hebrew Free Loan of Metropolitan Detroit (MI) 89.95 three stars
Ventures (WA) 91.58 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $6,130,022
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $795,760
   Related Organizations $0
   Government Grants $2,340,789
Total Contributions $9,266,571
   Program Service Revenue $0
Total Primary Revenue $9,266,571
   Other Revenue $-57,905
TOTAL REVENUE $9,208,666
   
EXPENSES  
   Program Expenses $7,756,327
   Administrative Expenses $1,619,103
   Fundraising Expenses $659,836
TOTAL FUNCTIONAL EXPENSES $10,035,266
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-826,600
   
Net Assets $9,286,238

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 05/01/2020 91.82 four stars
2017-12 05/01/2019 86.90 three stars
2016-12 05/01/2018 84.06 three stars
2015-12 11/01/2017 88.66 three stars
2015-12 08/01/2017 87.63 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 36-4313685
Name in IRS Master File WORLD BUSINESS CHICAGO
NTEE Code S31
NTEE Classification Urban, Community Economic Development
NTEE Type Community Improvement, Capacity Building
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date August, 2000
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$374,728 3.73% Andrea Zopp President & CEO
Other Salaries of Note
$311,635 3.10% Malehorn Jeffrey Former President & CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
World Business Chicago (IL) 91.82 four stars
Women's Business Development Center (IL) 95.57 four stars
Four Bands Community Fund (SD) 88.22 three stars
DreamSpring (NM) 92.92 four stars
Tides Center (CA) 93.15 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

World Business Chicago
177 North State Street
Suite 500
Chicago, IL 60601
tel: (312) 553-0500
EIN: 36-4313685

Visit Web Site

Board Leadership

Lori E. Lightfoot
Chair

CEO

Andrea Zopp
President & CEO

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