EIN 81-4786875

Chicago's Sunshine Enterprises

IRS 501(c) type
501(c)(3)
Num. employees
56
Year formed
2016
Most recent tax filings
2023-12-01
Description
Chicago's Sunshine Enterprises empowers local entrepreneurs in under-resourced communities to grow their businesses and transform their communities. Its Next Level Exchange program is a 12-month, cohort-based small business development program designed to help business owners build the capacity of their enterprise. Business Accelerator Services (BAS) provide one-on-one business coaching and mentoring to develop and implement strategic action plans, supplemented with workshops, pitch competitions, access to capital, procurement, and office opportunities.
Total revenues
$2,454,279
2023
Total expenses
$2,360,803
2023
Total assets
$8,352,935
2023
Num. employees
56
2023

Program areas at Chicago's Sunshine Enterprises

Business accelerator services (bas) - provide one-on-one business coaching and mentoring to develop and implement strategic action plan. Supplemented with workshops, pitch competitions, access to capital, procurement and office opportunities.
The next level exchange is a 12-month, cohort-based small business development program designed to help business owners build the capacity of their enterprise. The purpose of the program is to support the growth of owner-operated businesses and create economic opportunity in underserved communities.
The community business academy (cba) - twelve-session (36-hour) course in basic business planning and management. Includes training on financials, credit, marketing, negotiations, legal and more.

Who funds Chicago's Sunshine Enterprises

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Builders Initiative FoundationTo Support General Operations$250,000
The Chicago Community TrustGeneral Operating Support, To Support Member Organization Participation in Elevated Chicago and Related Commitments and Expenses, and To Increase the Racial Equity Capacity of the Elevated Chicago Collaborative., Continued Funding To Support the Growth and Capacity of the Next Level Exchange A Multi-Organizational Business Mentorship Program for Entrepreneurs of Color. This Grant Will Enable Next Level Exchange To Expand Its Operations and Scale Over the Next 3- 5 Years. Within the Next Grant Year, Nle Looks To Hire A Full Time Team Member.$232,100
National Philanthropic TrustPublic, Societal Benefit$150,500
...and 14 more grants received

Personnel at Chicago's Sunshine Enterprises

NameTitleCompensation
Barnett J StewartExecutive Director
Bj StewartPast Executive Director$151,675
Stan BarnettTreasurer$0
Render DahiyaPresident$0
Andrew FollettSecretary / Trustee$0
...and 3 more key personnel

Financials for Chicago's Sunshine Enterprises

RevenuesFYE 12/2023
Total grants, contributions, etc.$2,245,931
Program services$27,830
Investment income and dividends$178,850
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,668
Total revenues$2,454,279

Form 990s for Chicago's Sunshine Enterprises

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-22990View PDF
2022-122023-11-13990View PDF
2021-122022-09-14990View PDF
2020-122021-11-10990View PDF
2019-122021-03-31990View PDF
...and 3 more Form 990s

Organizations like Chicago's Sunshine Enterprises

OrganizationLocationRevenue
Nubian Directions IiPoughkeepsie, NY$1,587,667
InteriseBoston, MA$1,953,205
Endeavor DetroitDetroit, MI$1,166,230
The Ica GroupNorthampton, MA$1,973,126
DivIncAustin, TX$1,379,462
Endeavor MiamiMiami, FL$1,593,290
Sunshine State Economic Development CorporationClearwater, FL$1,502,127
Maine Manufacturing Extension PartnershipAugusta, ME$2,216,755
Santa Fe Business IncubatorSanta Fe, NM$783,066
Delaware Valley Industrial Resource CenterPhiladelphia, PA$7,543,311
Data update history
December 6, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 26, 2024
Received grants
Identified 4 new grant, including a grant for $232,100 from The Chicago Community Trust
August 26, 2024
Posted financials
Added Form 990 for fiscal year 2021
August 25, 2024
Received grants
Identified 8 new grant, including a grant for $30,000 from Polk Bros Foundation
May 18, 2024
Received grants
Identified 3 new grant, including a grant for $175,000 from The Coleman Foundation Incorporated
Nonprofit Types
Employment organizationsBusiness and community development organizationsCharities
Issues
Economic developmentBusiness and industry
Characteristics
State / local levelReceives government fundingManagement and technical assistanceTax deductible donationsAccepts online donations
General information
Address
503 E 61st St
Chicago, IL 60637
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
sunshineenterprises.com/ 
Phone
(312) 868-0040
IRS details
EIN
81-4786875
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2016
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
624310: Vocational Rehabilitation Services
Parent/child status
Independent
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