2025-08-04T08:35:39-05:00 2024-12-31 362985770 SELDEN FOX LTD ONE PARKVIEW PLAZA SUITE 710 OAKBROOK TERRACE IL 60181 990 2024-01-01 363966573 ALLIES FOR COMMUNITY BUSINESS INC ACCI 3129242180 135 N KEDZIE AVE CHICAGO IL 60612 BRAD MCCONNELL CHIEF EXECUTIVE OFFICER 3129242180 2025-07-22 1 0 PAUL J ROZEK P00542258 6309541400 2024 2025-03-06 01:10:19Z BRAD MCCONNELL 135 N KEDZIE AVE CHICAGO IL 60612 10675689 0 X A4CB.ORG X 1994 IL PROVIDE CREDIT AND SERVICES TO SMALL BUSINESSES WITHOUT ACCESS TO TRADITIONAL SOURCES OF FINANCING. 12 12 44 46 0 0 7140700 7662733 1938034 2160237 79460 137559 -18997 -19542 9139197 9940987 952540 901683 0 0 3758883 4161416 0 0 383628 4137195 4739001 8848618 9802100 290579 138887 35556703 36374214 21223186 22149425 14333517 14224789 ALLIES FOR COMMUNITY BUSINESS IS A NONPROFIT THAT PROVIDES THE CAPITAL, COACHING, AND CONNECTIONS ENTREPRENEURS NEED TO GROW GREAT BUSINESSES THAT CREATE JOBS AND WEALTH IN THEIR COMMUNITIES. 0 0 8599222 901683 2160237 ALLIES FOR COMMUNITY BUSINESS (A4CB) SUPPORTS SMALL BUSINESSES THAT STRENGTHEN THEIR COMMUNITIES. THEY PROVIDE THE CAPITAL, COACHING, AND CONNECTIONS ENTREPRENEURS NEED TO GROW GREAT BUSINESSES THAT CREATE JOBS AND WEALTH THEIR COMMUNITIES. AS A NONPROFIT LOCATED ON CHICAGO'S WEST SIDE, A4CB PRIORITIZES BLACK, HISPANIC/LATINX, WOMEN, AND LOW-INCOME ENTREPRENEURS THROUGHOUT THE CHICAGOLAND AREA AND BEYOND. THEY OFFER LOANS BETWEEN $500 AND $100,000 TO EARLY, EMERGING, AND ESTABLISHED BUSINESSES AT FAIR PRICES. IN ADDITION, THEY PROVIDE FREE COACHING TO ANYONE WHO WANTS TO START OR GROW A BUSINESS, AND THEY CONNECT ENTREPRENEURS TO TRUSTED PARTNERS THAT CAN HELP FURTHER. 8599222 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 571 0 1 44 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IL X X MARION MOORE 3129242161 135 N KEDZIE AVE CHICAGO IL 60612 DARLENE HIGHTOWER CHAIR, OUTREACH 2.25 X X 0 0 0 HORACIO MENDEZ TREASURER, FINANCE AND AUDIT CHAIR 2.25 X X 0 0 0 S MICHAEL MCCRACKEN CHAIR, PORTFOLIO AND CREDIT COMMITTEE CHAIR 2.25 X X 0 0 0 ADRIANNE SPIVEY DIRECTOR 2.25 X 0 0 0 ANTHONY WALLER DIRECTOR 2.25 X 0 0 0 BEN BOCHNOWSKI DIRECTOR 2.25 X 0 0 0 CLEMENTE NICADO DIRECTOR 2.25 X 0 0 0 JUAN ORTIZ DIRECTOR 2.25 X 0 0 0 MARIAH VAN ERMEN DIRECTOR 2.25 X 0 0 0 OSCAR JOHNSON DIRECTOR 2.25 X 0 0 0 SHANDRA RICHARDSON DIRECTOR 2.25 X 0 0 0 TAZ GEORGE DIRECTOR 2.25 X 0 0 0 BRAD MCCONNELL CHIEF EXECUTIVE OFFICER 40.00 X 207284 0 6153 ROWAN RICHARDS DIRECTOR OF COACHING AND C 40.00 X 172834 0 5192 MARY TRITSIS DIRECTOR OF COMMUNITY BUSI 40.00 X 166399 0 17421 JILL KOZELUH DIRECTOR OF DEVELOPMENT 40.00 X 139244 0 9170 JENNIE MOTTO MESTERHARM CHIEF OF STAFF 40.00 X 135276 0 21663 MARY RILEY DIRECTOR OF COMMUNITY RELA 40.00 X 135034 0 10349 956071 0 69948 10 0 1 0 ORION FIRST FINANCIAL LLC PO BOX 2149 GIG HARBOR WA 98335 LOAN SERVICER 477745 1 107755 1235588 6319390 7662733 LOAN INTEREST 900099 1155788 1155788 LOAN FEES 900099 995089 995089 PARTICIPATION INCOME 900099 9360 9360 2160237 137559 137559 715160 715160 0 0 0 107755 19542 -19542 -19542 9940987 2160237 0 118017 495000 495000 406683 406683 215406 188738 17987 8681 3279301 2629539 436713 213049 79087 62162 11854 5071 305751 242307 44365 19079 281871 226819 37327 17725 2800 2219 406 175 123449 97833 17913 7703 211047 162671 31027 17349 47793 38695 6362 2736 75621 60044 10526 5051 390457 315251 52590 22616 644860 511052 93569 40239 5505 4477 719 309 877620 877620 181939 144187 26399 11353 37086 29391 5381 2314 PROVISION FOR LOAN LOSS 1507736 1507736 CREDIT AND COLLECTIONS 569342 552187 11996 5159 OTHER 37256 23360 10241 3655 TRAINING 26490 21251 3875 1364 9802100 8599222 819250 383628 6281152 5174585 4335500 6833093 590801 653624 15824898 15726224 218796 194544 1496421 1208054 358788 288367 4330956 4083341 3615812 3420436 35556703 36374214 364859 367302 60000 0 16576071 17399885 4222256 4382238 21223186 22149425 X 6772125 7172606 7561392 7052183 14333517 14224789 35556703 36374214 138887 -247615 0 X 0 1 X 1 1 1 X 16894624 10881988 7235138 7140700 7662733 49815183 16894624 10881988 7235138 7140700 7662733 49815183 7199250 42615933 13015 34649 77621 79460 137559 342304 50157487 8169401 0.84960 0.86590 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 196141 181225 14916 556292 497810 58482 743988 529019 214969 288367 THE HATCHERY TITLE HOLDING CORPORATION NFP 155192 F THE HATCHERY MASTER TENANT LLC 3928149 F 4083341 OPERATING LEASE RIGHT-OF-USE ASSET 3420436 3420436 FUNDS HELD FOR OTHERS 764998 OPERATING LEASE LIABILITY 3617240 4382238 X 9712914 -247615 19542 -228073 9940987 0 9940987 9821642 19542 19542 9802100 0 9802100 PART X, LINE 2: THE ORGANIZATION WAS GRANTED AN EXEMPTION FROM FEDERAL INCOME TAXES BY THE INTERNAL REVENUE SERVICE PURSUANT TO THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3). THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A)(VI) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). THE TAX EXEMPT PURPOSE OF THE ORGANIZATION AND THE NATURE IN WHICH IT OPERATES IS DESCRIBED IN THE FIRST PARAGRAPH OF NOTE 1. MANAGEMENT BELIEVES THE ORGANIZATION CONTINUES TO OPERATE IN COMPLIANCE WITH ITS TAX EXEMPT PURPOSE. THE ORGANIZATION HAD NO UNRELATED BUSINESS INCOME THAT MANAGEMENT BELIEVES IS SUBJECT TO TAX IN 2024 OR 2023. THE ORGANIZATION'S ANNUAL INFORMATIONAL RETURNS FILED WITH THE FEDERAL AND STATE GOVERNMENTS ARE GENERALLY SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS) FOR THREE YEARS AFTER FILING. THUS, RETURNS FOR 2021, 2022 AND 2023 REMAIN OPEN TO IRS EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES ARE PRESENTED GROSS ON THE AUDIT REPORT AS PART 19,542. OF CONTRIBUTION REVENUE, BUT NET ON THE 990 PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES ARE PRESENTED GROSS ON THE AUDIT REPORT AS PART 19,542. OF CONTRIBUTION REVENUE, BUT NET ON THE 990 TASTE TO COMMUNITY BUSINESS 107755 107755 12950 1100 5492 107755 107755 12950 1100 5492 19542 -19542 1 LAOS TO YOUR HOUSE 135 N KEDZIE AVE CHICAGO IL 60612 881937337 20000 0 SUPPORT FOR NEIGHBORHOOD ENTREPRENEURSHIP LAB COHORTS DESIGNED TO PROVIDE ASSISTANCE TO SMALL BUSINESSES STORY & REACH COMMUNICATIONS 155 BEVERLY ROAD NE ATLANTA GA 30309 831798242 20000 0 SUPPORT FOR NEIGHBORHOOD ENTREPRENEURSHIP LAB COHORTS DESIGNED TO PROVIDE ASSISTANCE TO SMALL BUSINESSES HOOK POINT FISHERIES 1327 S PLYMOUTH CT UNIT C CHICAGO IL 60605 863334729 20000 0 SUPPORT FOR NEIGHBORHOOD ENTREPRENEURSHIP LAB COHORTS DESIGNED TO PROVIDE ASSISTANCE TO SMALL BUSINESSES SPA IN YOUR SPACE MOBILE SPA INC 1001 GARFIELD OAK PARK IL 60304 820602060 20000 0 SUPPORT FOR NEIGHBORHOOD ENTREPRENEURSHIP LAB COHORTS DESIGNED TO PROVIDE ASSISTANCE TO SMALL BUSINESSES FATSO HARD KITCHEN LLC 135 N KEDZIE AVENUE CHICAGO IL 60612 850691728 20000 0 SUPPORT FOR NEIGHBORHOOD ENTREPRENEURSHIP LAB COHORTS DESIGNED TO PROVIDE ASSISTANCE TO SMALL BUSINESSES PHILLIPE C'EST BON- POLOMBIA 1224 W VAN BUREN ST CHICAGO IL 60607 825466537 20000 0 SUPPORT FOR NEIGHBORHOOD ENTREPRENEURSHIP LAB COHORTS DESIGNED TO PROVIDE ASSISTANCE TO SMALL BUSINESSES BLDG PROJECTS 4468 N ELSTON AVE CHICAGO IL 60630 831983696 20000 0 SUPPORT FOR NEIGHBORHOOD ENTREPRENEURSHIP LAB COHORTS DESIGNED TO PROVIDE ASSISTANCE TO SMALL BUSINESSES CHOCOLAT UZMA 917 WEST 18TH STREET CHICAGO IL 60608 822310624 20000 0 SUPPORT FOR NEIGHBORHOOD ENTREPRENEURSHIP LAB COHORTS DESIGNED TO PROVIDE ASSISTANCE TO SMALL BUSINESSES A WARNER IDEA LLC 3603 BRIAR LANE HAZELCREST IL 60429 811738257 20000 0 SUPPORT FOR NEIGHBORHOOD ENTREPRENEURSHIP LAB COHORTS DESIGNED TO PROVIDE ASSISTANCE TO SMALL BUSINESSES VIETFIVE LLC 1116 WEST MADISON CHICAGO IL 60607 872588239 20000 0 SUPPORT FOR NEIGHBORHOOD ENTREPRENEURSHIP LAB COHORTS DESIGNED TO PROVIDE ASSISTANCE TO SMALL BUSINESSES FLAVOR UNIT CORP EGG ROLLS ETC 503 E 61 ST STREET CHICAGO IL 60637 822325929 20000 0 SUPPORT FOR NEIGHBORHOOD ENTREPRENEURSHIP LAB COHORTS DESIGNED TO PROVIDE ASSISTANCE TO SMALL BUSINESSES HAPPY FACE LLC 925 WEST CHICAGO CHICAGO IL 60642 815028990 20000 0 SUPPORT FOR NEIGHBORHOOD ENTREPRENEURSHIP LAB COHORTS DESIGNED TO PROVIDE ASSISTANCE TO SMALL BUSINESSES SMALLER THINGS 20 N THROOP CHICAGO IL 60607 830684396 20000 0 SUPPORT FOR NEIGHBORHOOD ENTREPRENEURSHIP LAB COHORTS DESIGNED TO PROVIDE ASSISTANCE TO SMALL BUSINESSES SUNDAYS CATERING LLCEIGHT 1 EIGHTY 4 7425 SOUTH SHORE DRIVE CHICAGO IL 60649 814454048 20000 0 SUPPORT FOR NEIGHBORHOOD ENTREPRENEURSHIP LAB COHORTS DESIGNED TO PROVIDE ASSISTANCE TO SMALL BUSINESSES 3 NET WISE INC 6231 OLD PLANK BLVD MATTESON IL 60443 364373112 20000 0 SUPPORT FOR NEIGHBORHOOD ENTREPRENEURSHIP LAB COHORTS DESIGNED TO PROVIDE ASSISTANCE TO SMALL BUSINESSES LIL' GOURMETS LLC 814 W WRIGHTWOOD AVE UNIT A CHICAGO IL 60614 475495024 20000 0 SUPPORT FOR NEIGHBORHOOD ENTREPRENEURSHIP LAB COHORTS DESIGNED TO PROVIDE ASSISTANCE TO SMALL BUSINESSES CROWN FAMILY PHILANTHROPIES 222 N LASALLE STREET SUITE 1000 CHICAGO IL 60601 363330462 501(C)(3) 50000 0 TO SUPPORT THE HATCHERY PROGRAMMING FOREFRONT 200 W MADISON 2ND FLOOR CHICAGO IL 60606 237376023 501(C)(3) 125000 0 TO SUPPORT THE HATCHERY PROGRAMMING 2 15 CASH GRANTS PAID TO HATCHERY MASTER TENANT LLC 10 7960 EXPENSES PAID TO THE HATCHERY MASTER TENANT LLC FOR VARIOUS INDIVIDUALS' USE THE HATCHERY SPACE. CASH GRNATS IN SUPPORT OF NEIGHBORHOOD ENTREPRENEURSHIP LAB COHORTS 13 260000 SUPPORT FOR NEIGHBORHOOD ENTREPRENEURSHIP LAB COHORTS DESIGNED TO PROVIDE ASSISTANCE TO SMALL BUSINESSES. TWO INDIVIDUALS RECEIVED $20,510 EACH. CASH PAID TO TO SUPPORT THE FAWOHODIE FOUNDATION. 1 138723 TO SUPPORT THE FAWOHODIE FOUNDATION PART I, LINE 2: GRANT EXPENSES CONSIST OF AMOUNTS DISBURSED TO BUSINESSES THAT PARTICIPATE IN ALLIES FOR COMMUNITY BUSINESS'S NEIGHBORHOOD ENTREPRENEURS PROGRAM,AS WELL AS A DONATION TO SUPPORT THE HATCHERY PROGRAMMING. GRANTEES FOR THE NEIGHBORHOOD ENTREPRENEURS PROGRAM ARE SELECTED FROM A POOL OF CANDIDATES AND MUST SATISFY PROGRAM REQUIREMENTS PRIOR TO DISBURSING FUNDS TO THE GRANTEES. X X 0 0 0 0 0 0 0 0 0 BRAD MCCONNELL CHIEF EXECUTIVE OFFICER 205315 0 1969 0 0 0 6153 0 0 0 213437 0 0 0 MARY TRITSIS DIRECTOR OF COMMUNITY BUSI 164769 0 1630 0 0 0 5192 0 12229 0 183820 0 0 0 ROWAN RICHARDS DIRECTOR OF COACHING AND C 171204 0 1630 0 0 0 5192 0 0 0 178026 0 0 0 JENNIE MOTTO MESTERHARM CHIEF OF STAFF 133876 0 1400 0 0 0 4112 0 17551 0 156939 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FEDERAL FORM 990 IS MADE AVAILABLE TO THE BOARD OF DIRECTORS PRIOR TO FILING THE FORM. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE ENCOURAGED TO DISCLOSE CONFLICTS OF INTEREST AS THEY OCCUR. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF THE CHIEF EXECUTIVE OFFICER IS DETERMINED BY THE BOARD OF DIRECTORS AND IS PERFORMANCE-BASED AND COMPARABLE TO SIMILAR NONPROFIT ORGANIZATIONS IN ILLINOIS AND INDIANA AND IN THE INDUSTRY IN WHICH ALLIES FOR COMMUNITY BUSINESS OPERATES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.