Overview
What is Chicago Summer Business Institute Inc?
Chicago Summer Business Institute Inc is a nonprofit organization established in 1991, located in Chicago, Illinois. Their primary objective is to offer meaningful summer employment opportunities for high school students in the city, introducing them to the financial services sector. The institute provides internships at various financial firms in Chicago, as well as offers positions in legal, architectural, engineering, and development fields. Their mission is to empower these students by providing them with practical work experience and broadening their career horizons within these sectors. The institute's headquarters is situated at 111 W JACKSON BLVD SUITE 1901.
Official website here: www.chicagobusinessinstitute.com
Is Chicago Summer Business Institute Inc legitimate?
Chicago Summer Business Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago Summer Business Institute Inc submitted a form 990, 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $130,933
For more financial information, click here
Official website here: www.chicagobusinessinstitute.com
What is the mission statement of Chicago Summer Business Institute Inc?
The Chicago Summer Business Institute, established in 1991, was initiated with the purpose of providing meaningful summer work opportunities for high school students. Its mission is to introduce these students to the financial services sector by offering them internships at various financial firms in the city. Apart from financial positions, the Institute also offers internships in legal, architectural, engineering, and development fields to provide a broad spectrum of exposure. The goal is to equip these students with practical experiences and knowledge, thereby preparing them for potential future careers in these sectors.
Official website here: www.chicagobusinessinstitute.com
What is the revenue of Chicago Summer Business Institute Inc?
Chicago Summer Business Institute Inc's revenue in 2023 was $191,167.
Official website here: www.chicagobusinessinstitute.com
Who are the executives of Chicago Summer Business Institute Inc and what are their salaries?
There 21 volunteers at Chicago Summer Business Institute Inc.
Here are 21 key members and their salaries:
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Official website here: www.chicagobusinessinstitute.com
Where can I find the form 990 for Chicago Summer Business Institute Inc?
Chicago Summer Business Institute Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.chicagobusinessinstitute.com
Learn more at the official website: www.chicagobusinessinstitute.com
Mission Statement of Chicago Summer Business Institute Inc
The Chicago Summer Business Institute, established in 1991, was founded with a mission to offer meaningful summer experiences for Chicago high school students. Its primary objective is to introduce these students to the financial services sector, providing them with opportunities to secure summer jobs at various financial firms in the city. Furthermore, the institute also extends its reach to offer legal, architectural, engineering, and development positions to its intern students, thereby broadening their exposure to diverse professional fields. The Chicago Summer Business Institute aims to equip the next generation of aspiring professionals with practical experience and knowledge, thereby preparing them for potential careers in their chosen fields.
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Impact
October, 2024
Chicago Summer Business Institute Inc. has a significant impact on the lives of high school students in Chicago by offering them meaningful summer job opportunities that pave the way for future career development. Founded in 1991, the Institute connects students with positions at various financial firms, as well as in legal, architectural, and engineering sectors. This exposure not only provides invaluable work experience but also introduces students to the dynamics of the financial services industry, fostering professional skills and networks that can greatly enhance their educational and career trajectories.
By engaging students in real-world business environments, the program helps to build confidence, instills a strong work ethic, and encourages the pursuit of higher education and professional aspirations. The impact extends beyond immediate job placements, as participants often gain insights and mentorship that guide their future endeavors, contributing to a more informed and capable workforce in Chicago.
This information is meant to be a general summary of Chicago Summer Business Institute Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $96
- Gross Receipts: $191,167
Assets and Liabilities:
- Total Assets: $226,101
- Total Liabilities: $0
- Net Assets: $226,101
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Organization Details
Founding Year
1994
Principal Officer
Clarence Bourne
NTEE Category
Code: J22 - Employment
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