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Chicagoland Entrepreneurial Center

1871

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 208411320 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Chicagoland Entrepreneurial Center?

The Chicagoland Entrepreneurial Center, often referred to as the Center, is a nonprofit organization situated in Chicago, Illinois. Its primary objective is to foster a substantial and enduring economic growth in the Chicago region by aiding entrepreneurs and high-growth businesses in establishing robust, sustainable, and profitable enterprises. The flagship program of the Center, 1871, was initiated in April 2012 and offers a 150,000 square foot state-of-the-art facility to accommodate early-stage startups and entrepreneurs. This space is designed to be affordable and flexible, catering to digital businesses. Additionally, the Center provides a range of events, mentorship, classes, and programs relevant to the entrepreneurs' journey in building their digital businesses. The Center's services also extend to supporting the Chicago startup community as a whole. In essence, the Chicagoland Entrepreneurial Center plays a pivotal role in promoting and growing Chicago's entrepreneurial community.


Official website here: www.chicagolandec.org

Is Chicagoland Entrepreneurial Center legitimate?

Chicagoland Entrepreneurial Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicagoland Entrepreneurial Center submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $897,272
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,087,247

For more financial information, click here


Official website here: www.chicagolandec.org

What is the mission statement of Chicagoland Entrepreneurial Center?

The Chicagoland Entrepreneurial Center aims to create a noticeable and enduring economic impact in the region by assisting entrepreneurs and high-growth businesses in establishing sustainable and profitable enterprises. This is accomplished through the flagship program, 1871, which was launched in April 2012. The 1871 program offers affordable and flexible workspace for startup companies and entrepreneurs, organizes relevant events, mentorship, classes, and programs, and provides various services and support for digital businesses and the local startup community. The objective is to help these entrepreneurs build successful digital businesses.


Official website here: www.chicagolandec.org

Who is the CEO of Chicagoland Entrepreneurial Center?

Betsy Ziegler is the Ceo of Chicagoland Entrepreneurial Center. The CEO's salary of Chicagoland Entrepreneurial Center is $520,433 and their total compensation is $520,433.


Official website here: www.chicagolandec.org

What is the revenue of Chicagoland Entrepreneurial Center?

Chicagoland Entrepreneurial Center's revenue in 2022 was $9,008,560.


Official website here: www.chicagolandec.org

Who are the executives of Chicagoland Entrepreneurial Center and what are their salaries?

The average compensation at Chicagoland Entrepreneurial Center during 2022 was $110,681. There are 36 employees and 100 volunteers at Chicagoland Entrepreneurial Center.

Here are 79 key members and their salaries (Chicagoland Entrepreneurial Center's CEO's salary is $520,433 and their total compensation is $520,433):

    Betsy Ziegler (Ceo) [Trustee/Director]
  • Compensation: $520,433
  • Related: $0
  • Other: $0

    • Lisa Laws (Coo)
  • Compensation: $160,117
  • Related: $0
  • Other: $0

    • Stephanie Miller (Vp Corporate Innovation)
  • Compensation: $112,211
  • Related: $0
  • Other: $0

    • Rachel Feuerborn (Vp Experience)
  • Compensation: $104,512
  • Related: $0
  • Other: $0

    • Jim O'Connor (Chariman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Ferris Anderson (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Eppley (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adam Hecktman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amanda Lannert (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andy Kofoid (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brenna Berman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bret Maxwell (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Hoff (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carlos Minetti (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Symth (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Tolmie (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dean Debiase (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dennis Boecker (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dorri Mcwhorter (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ellen Rudnick (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Garry Cooper (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Genevieve Thiers (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hank Adams (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jack Keenan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jai Shekhawat (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jaime Di Paulo (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Miller (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeremie Bacon (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Dugan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Shenton (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Howard (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judy Toland (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julia Kanouse (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Novack (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kaili Emmrich (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Willer (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristi Ross (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laurie Bauer (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lee Rosenberg (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leslie Anderson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Darragh (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lloyd Semple (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marc Shiffman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Lawrence (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Tebbe (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Hinch (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt O'Sullivan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Maloney (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Brown (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Summy (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Renner (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maura Ohara (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Lyman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Mcmurray (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Carlin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neal Sales-Griffin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rajan Naik (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Nornes (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Matles (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rowan Richards (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan Leavitt (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sam Yagan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sara Crown Star (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Holloway (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Swanson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sonia Nagar (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sonny Garg (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stan Chia (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Starr Marcello (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Collens (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Suzanne Muchin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Talia Maschiach (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ted Souder (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Stojka (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Thompson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Troy Henikoff (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tyler Prince (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Venkat Atluri (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adam Arcus (Vp Creative)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.chicagolandec.org

    Where can I find the form 990 for Chicagoland Entrepreneurial Center?

    The Chicagoland Entrepreneurial Center’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.chicagolandec.org

    Learn more at the official website: www.chicagolandec.org

    Mission Statement of Chicagoland Entrepreneurial Center

    The Chicagoland Entrepreneurial Center, often abbreviated as the Center, is committed to fostering and expanding Chicago's entrepreneurial community. Its mission is to generate a significant and lasting economic impact on the Chicago region by aiding entrepreneurs and high-growth businesses in establishing sustainable and profitable enterprises. The Center achieves this goal primarily through its flagship program, 1871, which was initiated in April 2012.

    Located in a 150,000 square foot modern facility, 1871 serves as a hub for early-stage startups and entrepreneurs, offering them affordable and flexible workspace. The program also provides a range of events, mentorship, classes, and programs tailored to assist entrepreneurs in building digital businesses. Furthermore, 1871 offers additional services and support to digital businesses and the Chicago startup community. In essence, the Chicagoland Entrepreneurial Center's mission is to empower entrepreneurs and high-growth businesses by equipping them with the necessary resources and guidance to establish and grow successful ventures, thereby contributing positively to the local economy.

    Impact

    This information is meant to be a general summary of Chicagoland Entrepreneurial Center. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Chicagoland Entrepreneurial Center's impact is evident in its work to promote and grow Chicago's entrepreneurial community. Through its flagship program 1871, the center has supported early-stage startup companies and entrepreneurs in building viable, sustainable, and profitable enterprises. By providing affordable workspace, events, mentorship, classes, and relevant programs, as well as other services and support for digital businesses, Chicagoland Entrepreneurial Center is contributing to the economic growth and development of the Chicago region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $420
  • Program Service Revenue: $4,059,954
  • Gross Receipts: $9,251,516

    • Assets and Liabilities:
  • Total Assets: $6,314,355
  • Total Liabilities: $8,705,123
  • Net Assets: -$2,390,768
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    FACILITY RENT

    Revenue

    $2,298,655

    MEMBER RENT

    Revenue

    $1,127,944

    GROWTH MEMBERSHIP

    Revenue

    $332,739

    OTHER INCOME

    Revenue

    $192,361

    EVENTS INCOME

    Revenue

    $108,255

    Organization Details

    Founding Year

    2006

    Principal Officer

    Betsy Ziegler

    Main Address

    222 MERCHANDISE MART PLAZA 1212, CHICAGO, IL, 60654

    NTEE Category

    Code: S41 - Community improvement

    If you are a representative of Chicagoland Entrepreneurial Center and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.