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Chicago Family Business Council Inc Dba Entrepreneur And Family Buisness Council

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

EIN: 453803171 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Chicago Family Business Council Inc Dba Entrepreneur And Family Buisness Council?

Chicago Family Business Council Inc, also known as Entrepreneur and Family Business Council, is a nonprofit organization situated in Chicago, Illinois. Their mission is to support entrepreneurs, family businesses, and closely held companies by offering a unique peer-support system and educational programs. These initiatives aim to provide growth strategies for business leaders, their employees, families, and businesses. The organization conducts educational programming, peer-to-peer forum groups, encourages scholarships, and carries out research in the field of family business and emotional intelligence. They also organize presentations and workshops featuring renowned speakers and practical hands-on workshops. The forums and programs at EFBC provide an environment for members to develop their emotional intelligence, enhancing their interpersonal skills and relationships.


Official website here: www.myefbc.org

Is Chicago Family Business Council Inc Dba Entrepreneur And Family Buisness Council legitimate?

Chicago Family Business Council Inc Dba Entrepreneur And Family Buisness Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago Family Business Council Inc Dba Entrepreneur And Family Buisness Council 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: $96,289
Professional Fundraising Fees: $0
Other Salaries and Wages: $114,386

For more financial information, click here


Official website here: www.myefbc.org

What is the mission statement of Chicago Family Business Council Inc Dba Entrepreneur And Family Buisness Council?

The Chicago Family Business Council Inc, formerly known as Entrepreneur and Family Business Council, is an independent non-profit organization dedicated to helping entrepreneurs, family businesses, and closely-held companies achieve their business goals. They accomplish this through a unique peer support system and educational programs, offering growth strategies for CEOs, employees, families, and businesses. The organization has a long-standing relationship with the University of Illinois at Chicago, where it started and still has a room named in its honor. They conduct educational programming, peer-to-peer forum groups, encourage student scholarships, and engage in research in the field of family business and emotional intelligence. The forums, the heartbeat of EFBC, provide a confidential setting for members to share experiences and learn from one another. Members commit to regular meetings and a mandatory retreat, and the organization offers workshops and presentations from well-known business figures. Emotional intelligence is emphasized to help members communicate effectively with others.


Official website here: www.myefbc.org

Who is the CEO of Chicago Family Business Council Inc Dba Entrepreneur And Family Buisness Council?

Elizabeth Fidanovski is the Executive Dir. of Chicago Family Business Council Inc Dba Entrepreneur And Family Buisness Council.


Official website here: www.myefbc.org

What is the revenue of Chicago Family Business Council Inc Dba Entrepreneur And Family Buisness Council?

Chicago Family Business Council Inc Dba Entrepreneur And Family Buisness Council's revenue in 2022 was $576,286.


Official website here: www.myefbc.org

Who are the executives of Chicago Family Business Council Inc Dba Entrepreneur And Family Buisness Council and what are their salaries?

The average compensation at Chicago Family Business Council Inc Dba Entrepreneur And Family Buisness Council during 2022 was $42,135. There are 5 employees and 52 volunteers at Chicago Family Business Council Inc Dba Entrepreneur And Family Buisness Council.

Here are 11 key members and their salaries:

    Elizabeth Fidanovski (Executive Dir.) [Trustee/Director]
  • Compensation: $89,777
  • Related: $0
  • Other: $6,512

    • Dave Horvath (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Angsten (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neil O'Donnell (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patty Rioux (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andy Sanghani (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alex Argianas (Finance Officer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Karavattuveetil (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce Leech (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nirel Inman (Past President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Westerman (Forum Officer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.myefbc.org

    Where can I find the form 990 for Chicago Family Business Council Inc Dba Entrepreneur And Family Buisness Council?

    The Chicago Family Business Council Inc Dba Entrepreneur And Family Buisness Council’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.myefbc.org

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

    Mission Statement of Chicago Family Business Council Inc Dba Entrepreneur And Family Buisness Council

    Chicago Family Business Council, formerly known as the Family Business Council, is a nonprofit organization dedicated to supporting entrepreneurs, family businesses, and closely held companies. Its mission is to aid these entities in achieving their business goals through a unique peer support system and related educational programs. These programs provide growth strategies for chief executives, their employees, their families, and their businesses. Established in 1993, the Council had its roots at the University of Illinois at Chicago, where it operated for nearly two decades. In 2011, it became an independent organization and continues to promote educational and charitable purposes for family, closely held, and entrepreneurial businesses through activities such as educational programming, peer-to-peer forum groups, and encouragement of student scholarships for involvement in the field of family business and emotional intelligence.

    The heart of Chicago Family Business Council's work lies in its forum groups. These confidential settings allow members to share their business, family, and personal experiences, drawing on the collective wisdom of their peers to make informed decisions. Each forum is capped at nine members, ensuring diversity and a rich set of perspectives. Members commit to attending nine meetings a year and a mandatory three-day, two-night retreat. The Council also offers educational programs, including workshops on practical business skills, leadership training, and courses in family business 101 and strategic planning. They invite well-known business and cultural figures to share their insights and offer hands-on workshops led by industry experts.

    Chicago Family Business Council places a strong emphasis on emotional intelligence, a concept that helps members communicate effectively and build stronger relationships. Through its forums and PdEI (Peer development for Emotional Intelligence) training methodology, members can improve their self-awareness, empathy, listening skills, and decision-making abilities. This focus on emotional intelligence is a key differentiator for the Council, as it equips members with the necessary skills to navigate the complexities of running a family business or closely held company.

    Impact

    This information is meant to be a general summary of Chicago Family Business Council Inc Dba Entrepreneur And Family Buisness Council. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Chicago Family Business Council Inc dba Entrepreneur And Family Business Council's impact is significant in the entrepreneurial and family business community. The organization provides a unique peer support system and educational programs that help entrepreneurs, family businesses, and closely-held companies achieve their business goals. Through activities such as forums, presentations, workshops, and emphasis on emotional intelligence, EFBC members benefit from shared experiences, practical business skills, and improved social interactions. This results in stronger leaders, better decision-making, deeper relationships, and ultimately contributes to the growth and success of these businesses.





    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: $2,971
  • Program Service Revenue: $545,529
  • Gross Receipts: $646,791

    • Assets and Liabilities:
  • Total Assets: $667,585
  • Total Liabilities: $153,818
  • Net Assets: $513,767
  • Programs

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

    MEMBERSHIP FEES

    Revenue

    $519,771

    PROGRAM REGISTRATION FEES

    Revenue

    $25,758

    Organization Details

    Founding Year

    2011

    Principal Officer

    Elizabeth Fidanovski

    Main Address

    1 EAST JACKSON BLVD 7900, CHICAGO, IL, 60604

    NTEE Category

    Code: S41 - Community improvement

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