Overview
What is Chicago's Sunshine Enterprises Inc?
Chicago's Sunshine Enterprises Inc is a nonprofit organization situated in Chicago, Illinois, specifically at 503 E 61ST STREET. Their primary mission is to empower local entrepreneurs from under-resourced communities. They achieve this by offering one-on-one business coaching, mentoring, and strategic action plan development, complemented by workshops, pitch competitions, access to capital, procurement, and office opportunities. This organization's ultimate goal is to help these entrepreneurs grow their businesses, contributing positively to their communities. They currently employ 55 individuals.
Official website here: www.sunshineenterprises.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
Sunshine Enterprises Inc has attained a commendable Four-Star rating from Charity Navigator, with a strong emphasis on Accountability & Finance. This rating reflects the charity's financial health, efficiency, and governance practices. With a high percentage of independent board members and a solid program expense ratio, the organization demonstrates a commitment to transparent and effective management.
The organization shows strengths in various governance practices, including well-documented policies related to conflicts of interest and whistleblower protections. However, it has a minor limitation, notably the absence of its tax form on its website, which slightly detracts from its overall transparency. Sunshine Enterprises relies significantly on government and public support, showcasing a sustainable model for its operations.
User reviews from GreatNonprofits were not available, so direct feedback from the community could not be included in this summary. Overall, Sunshine Enterprises Inc stands out as a financially responsible and well-managed organization dedicated to its mission.
What do the Facebook reviews say about Chicago's Sunshine Enterprises Inc?
96% of 15 reviewers on Facebook recommend Chicago's Sunshine Enterprises Inc. Here is a summary of their reviews:
Many users appreciate the organization's focus on entrepreneurship and how it serves local residents. The program is seen as a valuable resource that is much needed in the community, contributing positively to the development of individuals looking to start their own businesses.
Overall, the sentiment reflects a strong approval of Sunshine Enterprises Inc., highlighting its significant impact on fostering entrepreneurial skills and supporting the local community.
This AI summary has been generated from reviews found on Facebook.
Is Chicago's Sunshine Enterprises Inc legitimate?
Chicago's Sunshine Enterprises Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago's Sunshine Enterprises 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: $89,365
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,088,561
For more financial information, click here
Official website here: www.sunshineenterprises.com
What is the mission statement of Chicago's Sunshine Enterprises Inc?
Chicago's Sunshine Enterprises Inc is an organization dedicated to empowering entrepreneurs in underserved communities. Its mission is to assist these local business owners in growing their ventures, ultimately aiming to positively transform their communities. The organization offers a range of services, including one-on-one business coaching and mentoring through their Business Accelerator Services (BAS). This is supplemented with workshops, pitch competitions, access to capital, procurement opportunities, and office spaces. The goal is to provide these entrepreneurs with the necessary tools and resources to successfully navigate their business journey.
Official website here: www.sunshineenterprises.com
Who is the CEO of Chicago's Sunshine Enterprises Inc?
Barnett J Stewart is the President of Chicago's Sunshine Enterprises Inc.
Official website here: www.sunshineenterprises.com
What is the revenue of Chicago's Sunshine Enterprises Inc?
Chicago's Sunshine Enterprises Inc's revenue in 2022 was $9,289,870.
Official website here: www.sunshineenterprises.com
Who are the executives of Chicago's Sunshine Enterprises Inc and what are their salaries?
The average compensation at Chicago's Sunshine Enterprises Inc during 2022 was $21,417. There are 55 employees and 30 volunteers at Chicago's Sunshine Enterprises Inc.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $89,365
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.sunshineenterprises.com
Where can I find the form 990 for Chicago's Sunshine Enterprises Inc?
Chicago's Sunshine Enterprises Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sunshineenterprises.com
Learn more at the official website: www.sunshineenterprises.com
Mission Statement of Chicago's Sunshine Enterprises Inc
Chicago's Sunshine Enterprises Inc is dedicated to empowering local entrepreneurs in under-resourced communities. Their mission is to enable these entrepreneurs to grow their businesses and ultimately transform their communities. The organization provides a range of services to achieve this goal.
One of the key offerings of Chicago's Sunshine Enterprises Inc is their Business Accelerator Services (BAS). Through this program, they offer one-on-one business coaching and mentoring to help entrepreneurs develop and implement strategic action plans. They supplement this with workshops, pitch competitions, and opportunities for access to capital, procurement, and office space.
In essence, Chicago's Sunshine Enterprises Inc aims to equip local entrepreneurs with the tools and resources they need to succeed. By empowering these individuals to grow their businesses, they believe they can contribute positively to their communities, fostering economic development and social change.
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
July, 2024
Chicago's Sunshine Enterprises Inc has a significant impact on under-resourced communities in Chicago by empowering local entrepreneurs to grow their businesses and transform their surroundings. Through their Business Accelerator Services, which include providing one-on-one business coaching, mentoring, workshops, pitch competitions, access to capital, procurement opportunities, and office spaces, they equip entrepreneurs with the resources and support needed to develop and implement strategic action plans. By focusing on fostering entrepreneurship in these communities, Chicago's Sunshine Enterprises Inc plays a vital role in driving economic growth and community improvement in the city.
This information is meant to be a general summary of Chicago's Sunshine Enterprises 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 2022.
- Investment Income: $74,990
- Program Service Revenue: $7,082,531
- Gross Receipts: $9,289,870
Assets and Liabilities:
- Total Assets: $8,258,943
- Total Liabilities: $149,410
- Net Assets: $8,109,533
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AFFORDABLE HOUSING PAR
Revenue
$7,057,976
COMMUNITY BUSINESS ACA
Revenue
$14,725
INNOVATION CENTER
Revenue
$9,830
Organization Details
Founding Year
2016
Phone
(312) 868-0040Principal Officer
Barnett J Stewart
Main Address
503 E 61ST STREET, CHICAGO, IL, 60637
Website
www.sunshineenterprises.comNTEE Category
Code: S30 - Community improvement
If you are a representative of Chicago's Sunshine Enterprises Inc 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.