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WORLD BUSINESS CHICAGO

EIN 36-4313685 CHICAGO, IL

Browse the largest nonprofits in Illinois

Revenue 2024
$9,847,802
Expenses 2024
$9,289,730

Program services were 77.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
S31
Classification
1000
Street
CARRIE SIMMONS

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

WORLD BUSINESS CHICAGO IS THE CITY OF CHICAGO'S PUBLIC-PRIVATE ECONOMIC DEVELOPMENT AGENCY. OUR MISSION IS TO DRIVE INCLUSIVE ECONOMIC GROWTH AND JOB CREATION, SUPPORT BUSINESS, AND PROMOTE CHICAGO AS A LEADING GLOBAL CITY.

Activities or mission (Part I)

WORLD BUSINESS CHICAGO IS THE CITY OF CHICAGO'S PUBLIC-PRIVATE ECONOMIC DEVELOPMENT AGENCY. OUR MISSION IS TO DRIVE INCLUSIVE ECONOMIC GROWTH AND JOB CREATION, SUPPORT BUSINESS, AND PROMOTE CHICAGO AS A LEADING GLOBAL CITY. OUR VISION IS TO ENSURE THAT ALL CHICAGOANS PROSPER. WE DRIVE GROWTH THROUGH BUSINESS RECRUITMENT, EXPANSION, AND RETENTION ASSISTANCE AND CONNECTING BUSINESSES TO RESOURCES AND OPPORTUNITIES. WE CHAMPION CHICAGO AS A WORLD-CLASS CITY THROUGH BUILDING STRATEGIC INDUSTRY PARTNERSHIPS, CONVENING POLICY MAKERS AND LEADERS, AND ADVANCING OPPORTUNITIES FOR MULTICULTURAL ENGAGEMENT. WE UNITE LEADERS TO ADVANCE GROWTH IN CHICAGO'S NEIGHBORHOODS THROUGH TALENT DEVELOPMENT, PROCUREMENT, AND INVESTMENT.

  • WORLD BUSINESS CHICAGO (WBC) DRIVES ECONOMIC GROWTH THROUGH THREE MAIN AREAS: BUSINESS ATTRACTION AND RETENTION, INCLUSIVE ECONOMIC GROWTH AND JOBS, INTERNATIONAL STRATEGIC INITIATIVES AND CULTURAL EXCHANGE THROUGH THE CHICAGO SISTER CITIES PROGRAM.

    Expenses $7,175,437 · Grants $27,585 · Revenue $1,268,974

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Brandon Johnson

    CHAIR

    Total calculated
    $0
    Hours/week
    0.25

  • Lori E Lightfoot

    FORMER CHAIR

    Total calculated
    $0
    Hours/week
    0.25

  • Charles Smith

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.25

  • Michael Morkin

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5

  • Arla Lach

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5

  • David Andalcio

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Rita Athas

    EX OFFICIO DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Curt R Bailey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Greg Bedalov

    EX OFFICIO DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Marc Baumann

    FORMER DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Hardik Bhatt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Karen Brennan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Roz Brewer

    FORMER DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Robert Bronstein

    FORMER DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Greg Brown

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Elizabeth Buchanan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • John Buck

    FORMER DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Martin Cabrera

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Gregory C Case

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Dave Casper

    FORMER DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Howard Chrisman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Franco Cisternino

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Kevin Cole

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Kevin Considine

    EX OFFICIO DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Alanna Cotton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

The first 25 listed. Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $9,847,802
    Expenses
    $9,289,730
    Contributions
    $8,588,768
    Grants paid
    $27,585
  • 2023
    Revenue
    $13,132,683
    Expenses
    $13,484,230
    Contributions
    $12,401,001
    Grants paid
    $529,250
  • 2022
    Revenue
    $11,317,735
    Expenses
    $11,739,073
    Contributions
    $11,327,603
    Grants paid
    $414,800

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $9,942,081
    Expenses
    $8,933,544
    Assets (EOY)
    $9,302,792

  • 2020 · 990

    Revenue
    $6,232,116
    Expenses
    $7,314,865
    Assets (EOY)
    $8,111,466

  • 2019 · 990

    Revenue
    $6,631,146
    Expenses
    $7,013,028
    Assets (EOY)
    $9,646,324

  • 2018 · 990

    Revenue
    $9,208,666
    Expenses
    $10,035,266
    Assets (EOY)
    $10,793,677

  • 2017 · 990

    Revenue
    $10,562,226
    Expenses
    $12,006,180
    Assets (EOY)
    $12,077,345

  • 2016 · 990

    Revenue
    $12,917,979
    Expenses
    $10,843,612
    Assets (EOY)
    $12,565,502

  • 2015 · 990

    Revenue
    $9,680,449
    Expenses
    $8,487,225
    Assets (EOY)
    $10,353,459

  • 2014 · 990

    Revenue
    $8,021,862
    Expenses
    $8,269,508
    Assets (EOY)
    $8,969,936

  • 2013 · 990

    Revenue
    $4,555,351
    Expenses
    $14,172,443
    Assets (EOY)
    $8,894,801

  • 2012 · 990

    Revenue
    not reported
    Expenses
    $25,182,263
    Assets (EOY)
    $18,161,899

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.