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Development Now for Chicago

EIN 87-3817002 · Chicago, IL

Public records raise at least one point you should look into before giving.

LegitimacyCautionRegistration and standingFinancial healthNot ratedToo small or too little detailGovernanceNot ratedToo small or too little detailImpact evidenceDescribes programsHow well its results are evidenced

What it says it does

DEVELOPMENT NOW FOR CHICAGO WAS FORMED TO PROMOTE ECONOMIC DEVELOPMENT AND IMPROVE BUSINESS CONDITIONS IN THE CHICAGO METROPOLITAN AREA BY PROMOTING THE SELECTION OF CHICAGO AS THE SITE OF THE 2024 DEMOCRATIC NATIONAL CONVENTION AND, IF CHICAGO WAS SELECTED, TO SERVE AS THE LOCAL HOST COMMITTEE FOR THE CONVENTION.

Income
$81.5 million
Spending
$81.7 million
Employees
12
Volunteers
12,000
Highest pay
$88,438, executive director

Source: Form 990 for the year ending November 30, 2024, filed with the Internal Revenue Service. How we rate

Financial health

We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.

Source: Form 990 for the year ending November 30, 2024, filed with the Internal Revenue Service. How we rate

Governance

This return does not answer enough of the governance questions to score.

Source: Form 990 for the year ending November 30, 2024, filed with the Internal Revenue Service. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. DEVELOPMENT NOW FOR CHICAGO WAS FORMED TO PROMOTE ECONOMIC DEVELOPMENT AND IMPROVE BUSINESS CONDITIONS IN THE CHICAGO METROPOLITAN AREA BY PROMOTING THE SELECTION OF CHICAGO AS THE SITE OF THE 2024 DEMOCRATIC NATIONAL CONVENTION AND, IF CHICAGO WAS SELECTED, TO SERVE AS THE LOCAL HOST COMMITTEE FOR THE CONVENTION. CHICAGO WAS SELECTED IN APRIL 2023 AND THE ORGANIZATION PROCEEDED TO SERVE ITS EXEMPT PURPOSES BY SERVING AS THE HOST COMMITTEE AND PUTTING IN PLACE PERSONNEL AND SYSTEMS, AND BEGINNING TO CONTRACT FOR FACILITIES, GOODS, SERVICES AND SUPPLIES TO PROVIDE INFRASTRUCTURE FOR THE CONVENTION AND SHOWCASING OF CHICAGO AS HOST CITY.
  2. DEVELOPMENT NOW FOR CHICAGO MADE GRANTS FOR BEAUTIFICATION, ECONOMIC DEVELOPMENT, AND IMPROVING COMMUNITY CONDITIONS.

Source: Form 990 for the year ending November 30, 2024, filed with the Internal Revenue Service. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Caution.

    The IRS master file records contributions to this 501(c)(6) business league as not deductible.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending November 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 2022.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.