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The Hatchery Chicago Illinois

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

EIN: 813868788 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is The Hatchery Chicago Illinois?

The Hatchery Chicago Illinois is a nonprofit facility situated at 135 N Kedzie, Chicago, Illinois. Its primary mission is to equip local food and beverage entrepreneurs with the necessary resources to establish and expand their businesses. This includes providing a production space, storage, and other essential amenities. Beyond business development, The Hatchery also offers job training and placement programs. By nurturing these entrepreneurs, the organization contributes to sustainable economic growth and generates new job opportunities within the community.


Official website here: www.thehatcherychicago.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Not Available

The Hatchery Chicago, known for its mission-driven approach, has been positively reviewed by users on platforms like Great Nonprofits. One standout review from Jonny Imerman, a volunteer, highlighted the organization’s great mission and effective teamwork. This endorsement reflects the organization’s strong partnerships and collaborative efforts in the community.

Users appreciate the Hatchery's commitment to supporting food entrepreneurs, which plays a vital role in fostering local economic growth. The positive feedback emphasizes the organization’s impact on helping emerging businesses succeed, showcasing its importance in the entrepreneurial landscape of Chicago.

While specific ratings from Charity Navigator are unavailable, the strong user testimonials suggest that The Hatchery Chicago is well-regarded by those who have engaged with it. Overall, its reputation appears to be one of a dedicated nonprofit making significant contributions to its community.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

What do the Facebook reviews say about The Hatchery Chicago Illinois?

92% of 33 reviewers on Facebook recommend The Hatchery in Chicago. Here is a summary of their reviews:

Members express high satisfaction with their experience, often highlighting the supportive community and networking opportunities within the food industry. Many emphasize the value gained from being part of this vibrant group, noting that both established and emerging companies benefit from the resources and connections available.

Overall, The Hatchery appears to deliver on its promise of fostering a collaborative environment that aids members in growing their businesses, making it a highly regarded choice for those in the food space.


This AI summary has been generated from reviews found on Facebook.

Is The Hatchery Chicago Illinois legitimate?

The Hatchery Chicago Illinois is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Hatchery Chicago Illinois 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: $77,153

For more financial information, click here


Official website here: www.thehatcherychicago.org

What is the mission statement of The Hatchery Chicago Illinois?

The Hatchery, a facility, is dedicated to supporting local entrepreneurs in the food and beverage industry. Its mission is to help these entrepreneurs establish and expand their businesses successfully. It achieves this by providing job training and placement programs, which in turn foster sustainable economic growth and generate new job opportunities. This organization's activities contribute to the creation of a thriving business environment and employment prospects.


Official website here: www.thehatcherychicago.org

Who is the CEO of The Hatchery Chicago Illinois?

Harvey Camins is the Treasurer of The Hatchery Chicago Illinois.


Official website here: www.thehatcherychicago.org

What is the revenue of The Hatchery Chicago Illinois?

The Hatchery Chicago Illinois's revenue in 2020 was $200,648.


Official website here: www.thehatcherychicago.org

Who are the executives of The Hatchery Chicago Illinois and what are their salaries?


Here are 3 key members and their salaries:


Harvey Camins (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Salk (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Waller (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thehatcherychicago.org

Where can I find the form 990 for The Hatchery Chicago Illinois?

The Hatchery Chicago Illinois's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.thehatcherychicago.org

Learn more at the official website: www.thehatcherychicago.org

Mission Statement of The Hatchery Chicago Illinois

The Hatchery Chicago Illinois is dedicated to empowering local entrepreneurs in the food and beverage industry. Its mission is to provide these entrepreneurs with the resources and support they need to build and grow successful businesses. This is achieved through offering a production space equipped with storage and various resources. Additionally, The Hatchery Chicago Illinois offers job training and placement programs, which not only contribute to sustainable economic growth but also create new job opportunities. By enabling the success of these businesses, the organization aims to contribute positively to the local community.

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Impact




October, 2024

The Hatchery Chicago plays a vital role in fostering local entrepreneurship within the food and beverage sector. By providing access to a dedicated production space, storage, and essential resources, it empowers entrepreneurs to develop and scale their businesses effectively. This support not only enhances individual ventures but also contributes to sustainable economic growth in the community.

In addition to business support, The Hatchery offers job training and placement programs, creating new job opportunities and equipping participants with valuable skills for the workforce. This dual focus on entrepreneurship and workforce development strengthens the local economy and cultivates a thriving community. The Hatchery's efforts lead to increased job creation and a vibrant food and beverage landscape, enhancing the overall economic vitality of Chicago.




This information is meant to be a general summary of The Hatchery Chicago Illinois. 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
$200,648 (2020)
Expenses
$437,715 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: -$108,999
  • Program Service Revenue: $230,631
  • Gross Receipts: $310,456

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

BASE RENT

Revenue

$177,268

SHARED KITCHEN - HOURLY

Revenue

$26,821

SERVICE/FEE INCOME

Revenue

$16,170

SPECIAL EVENTS:FACILITIES REN

Revenue

$8,863

EQUIPMENT LEASE

Revenue

$6,400

Organization Details

Founding Year

2016

Principal Officer

Harvey Camins

Main Address

135 N KEDZIE, CHICAGO, IL, 60612

NTEE Category

Code: S30 - Community improvement

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