nonprofit logo

Chicago Fashion Development

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 261889713 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Chicago Fashion Development?

Chicago Fashion Development is a nonprofit organization dedicated to nurturing innovation and growth within the fashion industry. They achieve this by offering various resources such as technical and business training, mentorship, workshops, and internship opportunities to aspiring fashion entrepreneurs. This holistic approach aims to equip these individuals with the necessary skills and experience to thrive in the competitive fashion world.


Official website here: www.chicagofashionincubator.org/

Is Chicago Fashion Development legitimate?

Chicago Fashion Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago Fashion Development submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.chicagofashionincubator.org/

What is the mission statement of Chicago Fashion Development?

Chicago Fashion Development's mission is centered around promoting innovation and growth within the fashion industry. They accomplish this by offering various resources such as technical and business training, mentorship, workshops, and internship opportunities to aspiring fashion entrepreneurs. The organization aims to empower these individuals, helping them to grow and succeed in their respective fashion ventures. By providing these services, Chicago Fashion Development contributes to the overall development and advancement of the fashion industry.


Official website here: www.chicagofashionincubator.org/

Who is the CEO of Chicago Fashion Development?

Anna Hovet is the Executive Director of Chicago Fashion Development.


Official website here: www.chicagofashionincubator.org/

What is the revenue of Chicago Fashion Development?

Chicago Fashion Development's revenue in 2022 was $105,691.


Official website here: www.chicagofashionincubator.org/

Who are the executives of Chicago Fashion Development and what are their salaries?


Here are 4 key members and their salaries:


Anna Hovet (Executive Director)
  • Compensation: $28,250
  • Related: $0
  • Other: $0
Andrea Schwartz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Bueschel (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liz Kores (Treasurer / Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.chicagofashionincubator.org/

Where can I find the form 990EZ for Chicago Fashion Development?

Chicago Fashion Development's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.chicagofashionincubator.org/

Learn more at the official website: www.chicagofashionincubator.org/

Mission Statement of Chicago Fashion Development

Chicago Fashion Development, as a nonprofit organization, is dedicated to promoting innovation and fostering growth in the fashion industry. They achieve this by offering technical and business training, mentorship, workshops, and internship opportunities to aspiring fashion entrepreneurs. By providing these resources, Chicago Fashion Development empowers individuals to turn their fashion visions into successful businesses.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Chicago Fashion Development significantly impacts the local fashion landscape by empowering aspiring fashion entrepreneurs. Through its comprehensive approach that includes technical and business training, mentorship, and workshops, the organization equips individuals with the necessary skills to navigate the complexities of the fashion industry. By offering internship opportunities, it facilitates hands-on experience, allowing entrepreneurs to apply their learning in real-world scenarios.

This nurturing environment not only fosters innovation and growth among participants but also contributes to a vibrant fashion community in Chicago. By supporting emerging talent, Chicago Fashion Development strengthens the local economy and enhances the city's reputation as a hub for creativity and style. The focus on mentorship creates lasting connections within the industry, further promoting collaboration and knowledge sharing. Overall, Chicago Fashion Development plays a crucial role in shaping the future of fashion in the region.




This information is meant to be a general summary of Chicago Fashion Development. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$105,691 (2022)
Expenses
$66,596 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $526
  • Program Service Revenue: $24,660
  • Gross Receipts: $105,691

Assets and Liabilities:

  • Total Assets: $472,889
  • Total Liabilities: $1,775
  • Net Assets: $471,114

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Principal Officer

Anna Hovet

Main Address

111 N State St, Chicago, IL, 60602

NTEE Category

Code: A20 - Arts

If you are a representative of Chicago Fashion Development and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.