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Development Now for Chicago

CHICAGO, IL EIN: 87-3817002 Website

DEVELOPMENT NOW FOR CHICAGO WAS FORMED TO PROMOTE ECONOMIC DEVELOPMENT AND IMPROVE BUSINESS CONDITIONS IN THE CHICAGO METROPOLITAN AREA BY PROMOTING THE SELECTION OF CHICAGO AS THE SITE OF THE 2024 DEMOCRATIC NATIONAL CONVENTION AND, IF CHICAGO WAS SELECTED, TO SERVE AS THE LOCAL HOST COMMITTEE FOR THE CONVENTION.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9.0M

+0.5% YoY

Annual Giving

$61K

Grant Count

2

Avg Grant Size

$30K

About Development Now for Chicago

Based on IRS filings

Development Now for Chicago is a nonprofit organization focused on Community Improvement & Capacity Building, based in CHICAGO, IL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $9.0M in total assets. In 2024, it awarded 2 grants totaling $61K. Net investment income was $748K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Chicago

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$22M$45M$67M$90M202220232024
Metric202420232022
Total Assets$9,040,749$8,992,832$1,091,388
Revenue$81,469,275$12,662,411$2,255,007
Expenses$81,729,660$4,760,967$1,163,619
Qualifying Distributions
Net Investment Income$748,413$9,047
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$15K$30K$45K$61K0 grants20220 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

GROWING HOME INC$50KDEVICES 4 THE DISABLED$11K

Grant Size Distribution

2 grants across all recorded years

1<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

CHRISTY GEORGEEXECUTIVE DIRECTOR$83K

From 2024 filing

NameTitleHoursCompensation
MICHAEL J SACKSPRESIDENT-BOD MEMBER1
MICHELLE HARRISTREASURER-BOD MEMBER1
JESSE RUIZSECRETARY-BOD MEMBER1
JASON LEEDIRECTOR1
ANNE CAPRARADIRECTOR1
BRANDON SALESBERRYASSISTANT TREASURER1
CHRISTY GEORGEEXECUTIVE DIRECTOR40$82,998

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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