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Filing year 2024

CHICAGO NEW BUSINESS NFP

Chicago, Illinois·EIN 82-1466120·NTEE S43 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$224k
Total assets
$2k
Total expenses
$256k
Reported officers
3
Mission

The 36Squared Business Incubator is a small business development organization that is unique in actively seeking to work with the disabled and disadvantaged entrepreneur community in the city of Chicago. In 2023 the 36squared business incubator assisted more than 97 clients with starting or growing their own businesss. The 90% of these clients were women and/or minorities and came from disadvantaged areas on Chicago's South and Southwest side. We held more than 11 training events focused on the basics of starting a small business in Illinois, finding funding, and access to available grants and incentives. We also hosted more than 50 women entrepreneurs at a free "Women in Business" luncheon where the attendees were able to network, build relationships, find clients and hear the success stories of other more established businesses. Also, in 2024 we hosted our annual "Boost Awards for Disabled Entrepreneurship". This is a breakfast event where our clients with disabilities .

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Illinois.

Executive Director
Median to 75th percentile
$114k
$123k
Director of Program Management
Director (Operational)
25th percentile to medianvs Community Improvement & Capacity Building peers nationwide
$69k
$74k
Advisor
Board Member
25th percentile to median
$13k
$14k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at CHICAGO NEW BUSINESS NFP equaled 45% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
45%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 11%
from 2023

From $103k in 2023 to $114k in 2024.

$103k
2023
$114k
2024
In today's dollarsEst.
Up 7% in real terms$114k to $123k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 11% from 2023 to 2024, while revenue rose 72%.

$103k in 2023 to $114k in 2024.
  • Director (Operational) pay rose 160% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about CHICAGO NEW BUSINESS NFP

What does the Chief Executive Officer of CHICAGO NEW BUSINESS NFP earn?

In 2024, the Chief Executive Officer of CHICAGO NEW BUSINESS NFP received $114,490 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Illinois, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at CHICAGO NEW BUSINESS NFP compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Illinois, the 2024 pay of the Chief Executive Officer at CHICAGO NEW BUSINESS NFP falls between the median and the 75th percentile. In 2024, the highest total compensation at CHICAGO NEW BUSINESS NFP equaled 45% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are CHICAGO NEW BUSINESS NFP's revenue and expenses?

In 2024, CHICAGO NEW BUSINESS NFP reported $224k in total revenue and $256k in total expenses on its IRS Form 990.

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