Overview
What is Lawndale Business Renaissance Association?
Lawndale Business Renaissance Association is a nonprofit organization situated in Chicago, Illinois, specifically at 900 S Homan Ave. Their primary mission is to stimulate business growth in the Lawndale area of Chicago, aiming to create employment opportunities for individuals with moderate to low income levels within a designated census tract. They accomplish this by assisting local industrial companies in navigating and utilizing various city, county, state, and federal programs and incentives. As a result, existing businesses expand, and new industrial companies are attracted to the underserved Lawndale community, ultimately contributing to its revitalization. The association currently employs a team of four individuals.
Is Lawndale Business Renaissance Association legitimate?
Lawndale Business Renaissance Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lawndale Business Renaissance Association 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: $154,081
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Other Salaries and Wages: $0
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What is the mission statement of Lawndale Business Renaissance Association?
The Lawndale Business Renaissance Association's primary mission is to foster business growth in a designated area, specifically aimed at creating employment opportunities for individuals with low to moderate income levels. The organization achieves this by assisting industrial companies in leveraging various city, county, state, and federal programs and incentives. This support results in the retention and expansion of existing businesses, as well as the attraction of new industrial enterprises to the underserved community.
Who is the CEO of Lawndale Business Renaissance Association?
E Benard Jennings is the Officer of Lawndale Business Renaissance Association.
What is the revenue of Lawndale Business Renaissance Association?
Lawndale Business Renaissance Association's revenue in 2022 was $176,923.
Who are the executives of Lawndale Business Renaissance Association and what are their salaries?
The average compensation at Lawndale Business Renaissance Association during 2022 was $38,520. There are 4 employees at Lawndale Business Renaissance Association.
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Where can I find the form 990 for Lawndale Business Renaissance Association?
Lawndale Business Renaissance Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lawndale Business Renaissance Association
The Lawndale Business Renaissance Association is dedicated to furthering business growth in a specific census tract within the Lawndale area of Chicago. Its primary objective is to create employment opportunities for individuals with low to moderate income levels. The organization achieves this by assisting industrial companies in leveraging various city, county, state, and federal programs and incentives. This strategic approach leads to the retention of existing businesses, the expansion of existing companies within the community, and the attraction of new industrial companies to the underserved Lawndale neighborhood. By fostering business development and employment opportunities, the Lawndale Business Renaissance Association contributes to the overall economic improvement of the designated area.
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Impact
October, 2024
The Lawndale Business Renaissance Association significantly impacts the Lawndale area of Chicago by fostering business development and creating employment opportunities for low to moderate-income residents. The organization plays a crucial role in assisting industrial companies in navigating various city, county, state, and federal programs and incentives designed to facilitate their growth.
As a result of its efforts, Lawndale has experienced the retention and expansion of existing companies and has attracted new industrial businesses to an underserved community. This influx of businesses not only provides much-needed job opportunities but also contributes to the overall economic revitalization of the area, enhancing community improvement and stability. Through these initiatives, the Lawndale Business Renaissance Association helps create a more sustainable and prosperous environment for its residents.
This information is meant to be a general summary of Lawndale Business Renaissance Association. 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 2022.
- Gross Receipts: $176,923
Assets and Liabilities:
- Total Assets: $156,769
- Total Liabilities: $4,999
- Net Assets: $151,770
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Organization Details
Founding Year
2013
Phone
(312) 925-3186Principal Officer
E Benard Jennings
Main Address
900 S Homan Ave, Chicago, IL, 60624
NTEE Category
Code: S30 - Community improvement
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