Westside Business Improvement Association Inc Wbia in Chicago, Illinois (IL)

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Westside Business Improvement Association Inc Wbia
Employer Identification Number (EIN)363099673
Name of OrganizationWestside Business Improvement Association Inc Wbia
Address5427 W Madison St, Chicago, IL 60644-4030
ActivitiesArea development, redevelopment of renewal
SubsectionCharitable Organization
Ruling Date01/1985
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$1 to $9,999
Income$25,000 to $99,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$2,203
Amount of Income$67,690
Form 990 Revenue Amount$67,690
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Urban, Community Economic Development


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Amount of income in 2012: $67,690 (it was $67,690 in 2011)
Westside Business Improvement Association Inc Wbia: 

 $67,690
Other organizations performing similar types of work: 

 $190,298

Assets in 2012: $2,203 (it was $2,203 in 2011)
This organization: 

 $2,203
Other organizations performing similar types of work: 

 $326,461

Expenses in 2012: $67,690
Westside Business Improvement Association Inc Wbia: 

 $67,690
Other organizations performing similar types of work: 

 $231,022

Income to expenses ratio in 2012: 1.0
This organization: 

 1.0
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2012: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 35.7%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$67,690
Contributions, gifts, grants, and similar amounts received$67,690
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$67,690
Total net assets$-51,629
Excess for the year$0
Net assets or fund balances at beginning of year$-51,629
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$2,203
Total liabilities$53,832
Net assets or fund balances$-51,629
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$358,291
Gifts, grants, contributions, and membership fees received$358,291
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Bean Capital Development Co Inc368 East Simpson Drive, Wayne City, IL 62895IL1983-06$29,503
2Berwyn Development Corporation3322 S Oak Park Ave 2nd Floor, Berwyn, IL 60402-3407IL1988-08$1,396,848
3Jewish Council On Urban Affairs610 S Michigan Avenue Ste 500, Chicago, IL 60605-1901IL1966-06$1,095,289
4Greater Sterling Development Corp1741 Industrial Dr, Sterling, IL 61081-9290IL1990-10$870,209
5Far South Cdc11509 S Elizabeth St, Chicago, IL 60643-5115IL1980-07$722,286
6Fuller Park Community Development Corporation4417 S Stewart Ave, Chicago, IL 60609-3622IL1995-09$388,315
7Freeport Area Economic Development Foundation27 W Stephenson St, Freeport, IL 61032-4219IL1985-09$291,466
8Westside Business Improvement Association Inc Wbia5427 W Madison St, Chicago, IL 60644-4030IL1985-01$67,690
9Urban Innovation Analysis Inc1126 E 59th St Rm/Ste 322, Chicago, IL 60637-1580IL1985-09$61,043
10Westwood Community Development Corporation140 W 81st Street, Chicago, IL 60620IL1993-11$50,000
11Seventh Street Area Development Council Inc701 7th St, Rockford, IL 61104-1305IL1996-11$35,407
12United Center Community Business Development Fund1901 W Madison St, Chicago, IL 60612-2459IL1997-03$294
13Chicago Eruv Inc3050 W Touhy, Chicago, IL 60645IL1993-03$0
14Confluence Community Development Inc411-14th Street Pob 648, Cairo, IL 62914IL1987-12$0
15Institute Of Urban Life5555 N Sheridan Rd Apt 903, Chicago, IL 60640-1622IL1964-07$0
16Lockport Area Development Commission Inc222 E Ninth St, Lockport, IL 60441-3464IL1981-03$0
17Mount Zion Area Economic Development Corporation1400 Mt Zion Parkway, Mt Zion, IL 62549IL1995-03$0
18Southwestern Illinois Development Foundation200 University Park Drive Suite 240 Room/Suite 240, Edwardsville, IL 62025-3536IL1985-06$0
19Sterling 20001405 2nd Ave, Sterling, IL 61081-2330IL1997-11$0
20Woodstock Economic Development CorpPO BOX 670, Woodstock, IL 60098-0670IL1994-12$0
Number of organizations performing similar types of work
Alaska1
Alabama4
Arkansas6
Arizona6
California34
Colorado8
Connecticut9
District of Columbia7
Florida22
Georgia12
Hawaii1
Iowa18
Idaho3
Illinois30
Indiana20
Kansas1
Kentucky5
Louisiana8
Massachusetts17
Maryland11
Maine2
Michigan17
Minnesota11
Missouri17
Mississippi6
Montana4
North Carolina24
North Dakota3
Nebraska2
New Hampshire2
New Jersey17
New Mexico2
Nevada3
New York59
Ohio18
Oklahoma5
Oregon4
Pennsylvania32
South Carolina7
South Dakota3
Tennessee11
Texas21
Utah1
Virginia10
Vermont1
Washington6
Wisconsin14
West Virginia3
Wyoming2
International1
Total531

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