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Chicago's Sunshine Enterprises Inc

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

EIN: 814786875 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Chicago's Sunshine Enterprises Inc?

Chicago's Sunshine Enterprises Inc is a nonprofit organization situated in Chicago, Illinois, specifically at 503 E 61ST STREET. Their primary mission is to empower local entrepreneurs from under-resourced communities. They achieve this by offering one-on-one business coaching, mentoring, and strategic action plan development, complemented by workshops, pitch competitions, access to capital, procurement, and office opportunities. This organization's ultimate goal is to help these entrepreneurs grow their businesses, contributing positively to their communities. They currently employ 55 individuals.


Official website here: www.sunshineenterprises.com

Is Chicago's Sunshine Enterprises Inc legitimate?

Chicago's Sunshine Enterprises Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago's Sunshine Enterprises Inc 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: $89,365
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,088,561

For more financial information, click here


Official website here: www.sunshineenterprises.com

What is the mission statement of Chicago's Sunshine Enterprises Inc?

Chicago's Sunshine Enterprises Inc is an organization dedicated to empowering entrepreneurs in underserved communities. Its mission is to assist these local business owners in growing their ventures, ultimately aiming to positively transform their communities. The organization offers a range of services, including one-on-one business coaching and mentoring through their Business Accelerator Services (BAS). This is supplemented with workshops, pitch competitions, access to capital, procurement opportunities, and office spaces. The goal is to provide these entrepreneurs with the necessary tools and resources to successfully navigate their business journey.


Official website here: www.sunshineenterprises.com

Who is the CEO of Chicago's Sunshine Enterprises Inc?

Barnett J Stewart is the President of Chicago's Sunshine Enterprises Inc.


Official website here: www.sunshineenterprises.com

What is the revenue of Chicago's Sunshine Enterprises Inc?

Chicago's Sunshine Enterprises Inc's revenue in 2022 was $9,289,870.


Official website here: www.sunshineenterprises.com

Who are the executives of Chicago's Sunshine Enterprises Inc and what are their salaries?

The average compensation at Chicago's Sunshine Enterprises Inc during 2022 was $21,417. There are 55 employees and 30 volunteers at Chicago's Sunshine Enterprises Inc.

Here are 11 key members and their salaries:

    Bj Stewart (Executive Director)
  • Compensation: $89,365
  • Related: $0
  • Other: $0

    • Render Dahiya (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Follett (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stan Barnett (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan Webb (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Caprice Lindsay (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lamell Mcmorris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adrian Talbott (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donna Gaines (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keyonn Pope (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ethan Daly (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.sunshineenterprises.com

    Where can I find the form 990 for Chicago's Sunshine Enterprises Inc?

    The Chicago's Sunshine Enterprises Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.sunshineenterprises.com

    Learn more at the official website: www.sunshineenterprises.com

    Mission Statement of Chicago's Sunshine Enterprises Inc

    Chicago's Sunshine Enterprises Inc is dedicated to empowering local entrepreneurs in under-resourced communities. Their mission is to enable these entrepreneurs to grow their businesses and ultimately transform their communities. The organization provides a range of services to achieve this goal.

    One of the key offerings of Chicago's Sunshine Enterprises Inc is their Business Accelerator Services (BAS). Through this program, they offer one-on-one business coaching and mentoring to help entrepreneurs develop and implement strategic action plans. They supplement this with workshops, pitch competitions, and opportunities for access to capital, procurement, and office space.

    In essence, Chicago's Sunshine Enterprises Inc aims to equip local entrepreneurs with the tools and resources they need to succeed. By empowering these individuals to grow their businesses, they believe they can contribute positively to their communities, fostering economic development and social change.

    Impact

    This information is meant to be a general summary of Chicago's Sunshine Enterprises Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Chicago's Sunshine Enterprises Inc has a significant impact on under-resourced communities in Chicago by empowering local entrepreneurs to grow their businesses and transform their surroundings. Through their Business Accelerator Services, which include providing one-on-one business coaching, mentoring, workshops, pitch competitions, access to capital, procurement opportunities, and office spaces, they equip entrepreneurs with the resources and support needed to develop and implement strategic action plans. By focusing on fostering entrepreneurship in these communities, Chicago's Sunshine Enterprises Inc plays a vital role in driving economic growth and community improvement in the city.





    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: $74,990
  • Program Service Revenue: $7,082,531
  • Gross Receipts: $9,289,870

    • Assets and Liabilities:
  • Total Assets: $8,258,943
  • Total Liabilities: $149,410
  • Net Assets: $8,109,533
  • Programs

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

    AFFORDABLE HOUSING PAR

    Revenue

    $7,057,976

    COMMUNITY BUSINESS ACA

    Revenue

    $14,725

    INNOVATION CENTER

    Revenue

    $9,830

    Organization Details

    Founding Year

    2016

    Principal Officer

    Barnett J Stewart

    Main Address

    503 E 61ST STREET, CHICAGO, IL, 60637

    NTEE Category

    Code: S30 - Community improvement

    If you are a representative of Chicago's Sunshine Enterprises Inc 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.