EIN 20-0971520

Chicago INVENTORS Organization

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
Year formed
2004
Most recent tax filings
2023-06-01
NTEE code, primary
Description
CHICAGO Inventors Organization assists inventors from low and moderate-income communities with limited financial resources, guiding them throughout the invention process to create sustainable businesses and jobs in the Chicago metropolitan area. In the fiscal year 7/1/2022 - 6/30/2023, the organization achieved several outcomes for their members and program participants: over 500 attendees at seminars and conferences, 20+ patents awarded, 10+ patents pending, three trademarks registered, two copyrights obtained, and more than 20 computer-assisted designs.
Total revenues
$115,449
2023
Total expenses
$106,544
2023
Total assets
$92,033
2023
Num. employees
n/a

Who funds Chicago INVENTORS Organization

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Greater Southwest Development Corporation (GSDC)$42,500
The Chicago Innovation FoundationProvides Resources To Inventors in Navigating the Complex Invention Process To Create Marketable Products$5,000

Personnel at Chicago INVENTORS Organization

NameTitleCompensation
Calvin FlowersPresident$0
Jennifer TurnerChief Financial Officer / Treasurer$0

Financials for Chicago INVENTORS Organization

RevenuesFYE 06/2023
Total grants, contributions, etc.$81,991
Program services$33,458
Membership dues$0
Investment income and dividends$0
Net gain from sale of non-inventory assets$0
Net income from gaming activities and fundraising events, combined$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$115,449

Form 990s for Chicago INVENTORS Organization

Fiscal year endingDate received by IRSFormPDF link
2023-062024-06-03990EZView PDF
2021-062022-05-09990EZView PDF
2019-062021-04-22990EZView PDF
2018-062019-02-21990EZView PDF
2017-062018-04-10990EZView PDF
Data update history
December 26, 2023
Received grants
Identified 1 new grant, including a grant for $5,000 from The Chicago Innovation Foundation
November 25, 2023
Posted financials
Added Form 990EZ for fiscal year 2021
May 13, 2023
Received grants
Identified 1 new grant, including a grant for $5,000 from The Chicago Innovation Foundation
September 22, 2021
Received grants
Identified 1 new grant, including a grant for $5,000 from The Chicago Innovation Foundation
August 19, 2021
Posted financials
Added Form 990EZ for fiscal year 2019
Nonprofit Types
Professional associationsBusiness and community development organizationsCharities
Issues
Business and industry
Characteristics
State / local levelTax deductible donationsAccepts online donations
General information
Address
2150 Canalport 4c-10
Chicago, IL 60608
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
chicago-inventors.org/ 
Phone
(312) 850-4710
IRS details
EIN
20-0971520
Fiscal year end
June
Taxreturn type
Form 990-EZ
Year formed
2004
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S40: Business and Industry
NAICS code, primary
813920: Professional Associations
Parent/child status
Independent
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