Overview
What is World Business Chicago?
World Business Chicago (WBC) is a public-private economic development agency situated in Chicago, Illinois. Its primary mission is to foster inclusive economic growth and job creation, support businesses, and promote Chicago as a prominent global city. WBC achieves this by assisting in the recruitment, expansion, and retention of businesses, connecting them to resources and opportunities. The organization also advocates for Chicago as a world-class city by building strategic industry partnerships, convening policy makers and leaders, and promoting multicultural engagement. Additionally, WBC works towards advancing growth in Chicago's neighborhoods through talent development, procurement, and investment. With a team of 65 dedicated individuals, WBC plays a crucial role in driving Chicago's economic growth and development.
Official website here: www.worldbusinesschicago.com
Is World Business Chicago legitimate?
World Business Chicago is a legitimate nonprofit organization registered as a 501(c)(3) entity. World Business Chicago 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: $1,310,452
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,799,635
For more financial information, click here
Official website here: www.worldbusinesschicago.com
What is the mission statement of World Business Chicago?
World Business Chicago serves as a public-private economic development agency, working towards driving inclusive economic growth and job creation. Its primary objective is to support businesses and promote the city as a leading global city. The organization's activities encompass assisting in business recruitment, expansion, and retention, connecting businesses to resources and opportunities, and championing the city as a world-class location. World Business Chicago also fosters strategic industry partnerships, engages with policy makers and leaders, and encourages opportunities for multicultural engagement. The agency unites leaders to advance growth in the city's neighborhoods through talent development, procurement, and investment.
Official website here: www.worldbusinesschicago.com
Who is the CEO of World Business Chicago?
Michael Fassnacht is the Director of World Business Chicago. The CEO's salary of World Business Chicago is $480,586 and their total compensation is $507,934.
Official website here: www.worldbusinesschicago.com
What is the revenue of World Business Chicago?
World Business Chicago's revenue in 2022 was $11,317,735.
Official website here: www.worldbusinesschicago.com
Who are the executives of World Business Chicago and what are their salaries?
The average compensation at World Business Chicago during 2022 was $63,232. There are 65 employees and 630 volunteers at World Business Chicago.
Here are 109 key members and their salaries (World Business Chicago's CEO's salary is $480,586 and their total compensation is $507,934):
- Michael Fassnacht (President & Ceo)
- Carrie Simmons (Vice President Of Operatio)
- Laforce Baker (Vice President Of Community Impact)
- Lisa Dziekan (Senior Vice President Of B)
- Abin Kuriakose (Evp, Innovation & Venture)
- Adrienne Tongate (Evp, Global Strategic Init)
- Roz Brewer (Director)
- Paramita Das (Director)
- Robert Bronstein (Director)
- Scott C Swanson (Director)
- Richard S Price (Director)
- Raj Gupta (Director)
- Pin Ni (Director)
- Shiv Iyer (Director)
- Paul Hsu (Director)
- Michael Reinsdorf (Director)
- Martin Cabrera (Director)
- Martin H Nesbitt (Director)
- Steve A Kersten (Director)
- John R Ettelson (Director)
- Michael H Moskow (Director)
- Susan Arthur (Director)
- Thomas Kilroy (Director)
- Matt Renner (Director)
- Michael J Sacks (Director)
- Jose Luis Prado (Director)
- Wendell Dallas (Director)
- Glenn Tullman (Director)
- Michael O'Grady (Director)
- Gregory C Case (Director)
- Mark S Hoplamazian (Director)
- Kathy Scherer (Director)
- Rita Athas (Ex-Officio Director)
- Andrea Zopp (Ex-Officio Director)
- Jeff Malehorn (Ex-Officio Director)
- Ryan Smith (Director)
- Laura Thonn (Director)
- Mark A Hoppe (Director)
- Marc Baumann (Director)
- Karen Sauder (Director)
- Lynn Osmond (Director)
- Thomas Mcelroy (Director)
- Tony Maggiore (Director)
- Linda Imonti (Director)
- Torrence Hinton (Director)
- Mark Sullivan (Director)
- Kyle Degiulio (Director)
- Kristen Rossi (Director)
- Kip Kirkpatrick (Director)
- Kevin Cole (Director)
- Kelly Graves (Director)
- Luke Petherbridge (Director)
- Greg Klamrzynski (Director)
- Hardik Bhatt (Director)
- David R Casper (Director)
- Greg Brown (Director)
- Curt R Bailey (Director)
- Dean Harrison (Director)
- Robbert Rietbroek (Director)
- Dave Kimbell (Director)
- Craig Martin (Director)
- Brett Hart (Director)
- Alanna Cotton (Director)
- John R Weiss (Director)
- Melissa Werneck (Director)
- Jon Shulkin (Director)
- Greg Hughes (Director)
- Mark Tebbe (Director)
- Jaime Lm Jones (Director)
- Marc F Sperber (Director)
- James Turner (Director)
- Jason Wortendyke (Director)
- Lior Ron (Director)
- Jeff Shapack (Director)
- Jennifer Steans (Director)
- Judy Toland (Director)
- John Koudounis (Director)
- Matt Snyder (Director)
- Christopher Crane (Director)
- Charles Smith (Director)
- Clive Christison (Director)
- Jennifer Scanlon (Director)
- David Reifman (Director)
- Grant C Uhlir (Director)
- Frank Pasquesi (Director)
- David Simas (Director)
- Fabiano Lima (Director)
- Eric Lefkofsky (Director)
- Edward Tilly (Director)
- Dr Opella Ernest (Director)
- Jeffrey S Torosian (Director)
- Don Wilson (Director)
- Desiree Rogers (Director)
- Donald Thompson (Director)
- Dan Ryan (Director)
- Brian Stanton (Director)
- Jim Reynolds (Director)
- Jim Skogsbergh (Director)
- Dave Dohnalek (Director)
- John Buck (Director)
- Joe Erlinger (Director)
- John C Robak (Director)
- John Holmes (Director)
- James S Crown (Director)
- James Matanky (Director)
- Lori E Lightfoot (Chair)
- Mellody Hobson (Vice Chair)
- Peter Thompson (Treasurer)
- Michael Morkin (Secretary)
Official website here: www.worldbusinesschicago.com
Where can I find the form 990 for World Business Chicago?
The World Business Chicago’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.worldbusinesschicago.com
Learn more at the official website: www.worldbusinesschicago.com
Mission Statement of World Business Chicago
World Business Chicago, serving as the city's public-private economic development agency, is committed to driving inclusive economic growth and job creation while supporting businesses. Its mission extends beyond Chicago, aiming to promote the city as a leading global hub. The organization's primary objective is to attract, retain, and expand businesses, providing them with necessary resources and opportunities to thrive. World Business Chicago also champions Chicago on a global scale by building strategic industry partnerships, convening policy makers and leaders, and fostering multicultural engagement. In addition, World Business Chicago plays a crucial role in advancing growth in Chicago's neighborhoods through talent development, procurement, and investment, ensuring that all Chicagoans prosper.
Impact
This information is meant to be a general summary of World Business Chicago. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
World Business Chicago's impact is significant in driving inclusive economic growth and job creation in the city of Chicago. By focusing on business attraction and retention, promoting Chicago as a global city, and fostering international strategic initiatives, World Business Chicago plays a crucial role in advancing opportunities for multicultural engagement and uniting leaders to promote growth in Chicago's neighborhoods. Their efforts in talent development, procurement, and investment help ensure that all Chicagoans prosper and thrive in a vibrant and competitive business environment.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$146,010
Organization Details
Founding Year
1999
Phone
(312) 553-0500
Principal Officer
Michael Fassnacht
Main Address
180 NORTH LASALLE STREET 2505, CHICAGO, IL, 60601
Website
www.worldbusinesschicago.com
NTEE Category
Code: S31 - Community improvement
If you are a representative of World Business Chicago 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.