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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building World Business Chicago

World Business Chicago

Fiscal year ending 2021. Filed on November 15, 2022.

180 North Lasalle Street 2505
Chicago, Illinois 60601

World Business Chicago (EIN: 36-4313685) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2021 IRS Form 990 filing, World Business Chicago, a 501(c)(3) charitable organization, reported compensation for 11 out of 53 total employees. Among the employees shown here, the average compensation is $212,836. The highest compensated employee at World Business Chicago is Michael Fassnacht with fiscal year 2021 compensation of $448,531.

Revenue, expenses, and employee compensation

Revenue

$9,942,081

Expenses

$8,933,544

Employee compensation

$4,159,448
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Fassnacht
President and Chief Executive Officer
$448,531
$420,988 No related comp$27,543
Ogechi Harry
Executive Vice President of Strategy, Legal, and O
$203,569
$186,076 No related comp$17,493
Carrie Simmons
Vice President of Operations and HR
$171,269
$142,654 No related comp$28,615
Lisa Dziekan
Senior Vice President of Business Development and FD
$163,401
$131,101 No related comp$32,300
Abin Kuriakose
Executive Vice President, Innovation and Venture Strategy
$148,431
$129,662 No related comp$18,769
Adrienne Tongate
Executive Vice President, Global Strategic Initiatives
$141,813
$130,660 No related comp$11,153
Michael Morkin
Secretary
$0
Mellody Hobson
Vice Chair
$0
Dave Dohnalek
Director
$0
Lori E Lightfoot
Chair
$0
Peter Thompson
Treasurer
$0

Benchmark Employee Compensation

Non-Employee Board Members

Andrea Zopp
Director ex officio
$37,385
$37,385 No related compNo other comp
Todd Siwak
Director
No compensation reported
Mark Tebbe
Director
No compensation reported
Robert Bronstein
Director
No compensation reported
Angelo Panteleo Former
Director
No compensation reported
Dr Janet Kong Former
Director
No compensation reported
Glenn Eden
Director
No compensation reported
Craig Martin
Director
No compensation reported
Michael H Moskow
Director
No compensation reported
Christopher Crane
Director
No compensation reported
Alex Gourlay Former
Director
No compensation reported
Timothy P Mohan
Director
No compensation reported

Contractors

Madmaxmar Group
Marketing Design and Materials
$276,658
Hubbard Galbraith LLC
Accounting and Finance
$182,000
Skill Scout
Video Production
$151,790
Koya Leadership Partners LLC
Executive Recruitment
$124,998

Mission Statement

WORLD BUSINESS CHICAGO IS THE CITY OF CHICAGO'S PUBLIC-PRIVATE ECONOMIC DEVELOPMENT AGENCY. OUR MISSION IS TO DRIVE INCLUSIVE ECONOMIC GROWTH AND JOB CREATION, SUPPORT BUSINESS, AND PROMOTE CHICAGO AS A LEADING GLOBAL CITY. OUR VISION IS TO ENSURE THAT ALL CHICAGOANS PROSPER. WE DRIVE GROWTH THROUGH BUSINESS RECRUITMENT, EXPANSION, AND RETENTION ASSISTANCE AND CONNECTING BUSINESSES TO RESOURCES AND OPPORTUNITIES. WE CHAMPION CHICAGO AS A WORLD-CLASS CITY THROUGH BUILDING STRATEGIC INDUSTRY PARTNERSHIPS, CONVENING POLICY MAKERS AND LEADERS, AND ADVANCING OPPORTUNITIES FOR MULTICULTURAL ENGAGEMENT. WE UNITE LEADERS TO ADVANCE GROWTH IN CHICAGO'S NEIGHBORHOODS THROUGH TALENT DEVELOPMENT, PROCUREMENT, AND INVESTMENT.

Revisions to this organization profile

November 15, 2024:
2023 World Business Chicago 990 filed
November 16, 2023:
2022 World Business Chicago 990 filed
November 15, 2022:
2021 World Business Chicago 990 filed

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