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
| Grantmaker | Grantmaker tax period | Description | Amount |
|---|
| The Chicago Community Trust | 2023-09 | General 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 |
| Builders Initiative Foundation | 2022-12 | To Support the Help Desk (Full -time) Coordinator, Microgranting Continuation and Project Grants. | $180,000 |
| National Philanthropic Trust | 2023-06 | Public, Societal Benefit | $150,500 |
| ...and 15 more grants received |
Personnel at Chicago's Sunshine Enterprises
| Name | Title | Compensation | Date of data |
|---|
| Barnett J Stewart | Executive Director | | 2024-10-22 |
| Bj Stewart | Past Executive Director | $151,675 | 2023-12-31 |
| Stan Barnett | Treasurer | $0 | 2023-12-31 |
| Render Dahiya | President | $0 | 2023-12-31 |
| Andrew Follett | Secretary / Trustee | $0 | 2022-12-31 |
| ...and 2 more key personnel |
Financials for Chicago's Sunshine Enterprises
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $2,245,931 | $2,129,820 | 5.5% |
| Program services | $27,830 | $7,082,531 | -99.6% |
| Investment income and dividends | $178,850 | $74,990 | 138.5% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $1,668 | $2,529 | -34% |
| Total revenues | $2,454,279 | $9,289,870 | -73.6% |
Organizations like Chicago's Sunshine Enterprises
| Organization | Type | Location | Revenue |
|---|
| Interise | 501(c)(3) | Boston, MA | $1,953,205 |
| Endeavor Detroit | 501(c)(3) | Detroit, MI | $1,166,230 |
| Nubian Directions Ii | 501(c)(3) | Poughkeepsie, NY | $1,146,243 |
| The Ica Group | 501(c)(3) | Northampton, MA | $1,973,126 |
| DivInc | 501(c)(3) | Austin, TX | $1,379,462 |
| Endeavor Miami | 501(c)(3) | Miami, FL | $1,593,290 |
| Maine Manufacturing Extension Partnership | 501(c)(3) | Augusta, ME | $2,329,634 |
| Sunshine State Economic Development Corporation | 501(c)(3) | Clearwater, FL | $1,502,127 |
| Delaware Valley Industrial Resource Center | 501(c)(3) | Philadelphia, PA | $7,543,311 |
| Santa Fe Business Incubator | 501(c)(3) | Santa Fe, NM | $783,066 |
Data update history
December 6, 2024
Posted financials
Added Form 990 for fiscal year 2023
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 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/Â
- 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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