Organizations Filed Purposes:
ICIC DRIVES INCLUSIVE ECONOMIC PROSPERITY IN UNDER RESOURCED COMMUNITIES THROUGH INNOVATIVE RESEARCH AND PROGRAMS TO CREATE JOBS, INCOME, AND WEALTH FOR LOCAL RESIDENTS.
URBAN BUSINESS INITIATIVESTHE PROGRAM CONSISTS OF FOUR INITIATIVES: INNER CITY CAPITAL CONNECTIONS, 10,000 SMALL BUSINESSES, INNER CITY 100, AND CULTIVATE SMALL BUSINESS. INNER CITY CAPITAL CONNECTIONSINNER CITY CAPITAL CONNECTIONS (ICCC) IS A TUITION-FREE EXECUTIVE LEADERSHIP TRAINING PROGRAM DESIGNED TO HELP BUSINESS OWNERS IN UNDER-RESOURCED COMMUNITIES BUILD CAPACITY FOR SUSTAINABLE GROWTH IN REVENUE, PROFITABILITY AND EMPLOYMENT. ICCC IS UNIQUELY DESIGNED TO PROVIDE THREE CRITICAL ELEMENTS FOR SUSTAINABLE GROWTH: CAPACITY-BUILDING EDUCATION, ONE-ON-ONE COACHING AND CONNECTIONS TO CAPITAL AND CAPITAL PROVIDERS.FROM ITS INCEPTION IN 2005, THE PROGRAM HAS SERVED 1,659 BUSINESSES. THESE BUSINESSES HAVE RAISED OVER $1.4 BILLION IN CAPITAL SINCE GRADUATION.10,000 SMALL BUSINESSESICIC PARTNERS WITH GOLDMAN SACHS TO IDENTIFY HIGH-POTENTIAL ENTREPRENEURS FOR THE 10,000 SMALL BUSINESSES INITIATIVE. THE INITIATIVE HELPS SMALL BUSINESS OWNERS CREATE JOBS AND ECONOMIC OPPORTUNITY BY PROVIDING THEM WITH GREATER ACCESS TO BUSINESS EDUCATION, FINANCIAL CAPITAL AND BUSINESS SUPPORT SERVICES. TO DATE, THE PROGRAM HAS SERVED OVER 8,000 SMALL BUSINESS OWNERS ACROSS THE COUNTRY INCLUDING PUERTO RICO AND GUAM.INNER CITY 100THE INNER CITY 100 RECOGNIZES THE FASTEST-GROWING INNER CITY COMPANIES IN THE U.S. EACH YEAR. THE ANNUAL LIST IS PUBLISHED IN FORTUNE AND THE WINNERS ATTEND OUR ANNUAL EDUCATION AND AWARDS CONFERENCE IN BOSTON. SINCE 1999, WE HAVE RECOGNIZED OVER 800 FAST-GROWING INNER CITY FIRMS THAT INCLUDE SOME OF TODAY'S MOST CREATIVE ENTREPRENEURS: COYOTE LOGISTICS, HAPPY FAMILY, REVOLUTION FOODS, AND TERRACYCLE.CULTIVATE SMALL BUSINESSCULTIVATE SMALL BUSINESS IS DESIGNED TO HELP EARLY-STAGE ENTREPRENEURS IN LOW-INCOME NEIGHBORHOODS BUILD AND SUSTAIN THEIR BUSINESSES, WITH A FOCUS ON WOMEN, MINORITY AND IMMIGRANT OWNED BUSINESSES IN FOOD-RELATED INDUSTRIES. THE PROGRAM WILL PROVIDE INDUSTRY SPECIFIC EDUCATION, NETWORKS AND MENTORING AS WELL AS SMALL CAPITAL GRANTS FOR BUSINESS OWNERS.
RESEARCH:ICIC STRENGTHENS THE ECONOMIES OF UNDER-RESOURCED COMMUNITIES BY PROVIDING PUBLIC, PRIVATE, NONPROFIT, AND COMMUNITY LEADERS WITH THE INFORMATION THEY NEED TO RESPOND TO TODAY'S ECONOMIC DEVELOPMENT CHALLENGES AND OPPORTUNITIES. OUR UNIQUE KNOWLEDGE OF ECONOMIC DEVELOPMENT IN UNDER-RESOURCED COMMUNITIES IS DEVELOPED FROM A SYNTHESIS OF RESEARCH AND PRACTICE. WE ADVANCE THOUGHT AND PRACTICE THROUGH A COMBINATION OF CUTTING-EDGE RESEARCH, BENCHMARKING TOOLS, AND PUBLIC COMMUNICATION. ICIC'S ONGOING STATE OF THE INNER CITY ECONOMIES (SICE) RESEARCH MAPS THE ECONOMIC PERFORMANCE, BUSINESS VITALITY, AND RESIDENT PROSPERITY OF UNDER-RESOURCED COMMUNITIES. THERE ARE UNDER-RESOURCED COMMUNITIES IN MORE THAN 1400 PLACES IN U.S. METROPOLITAN AREAS, INCLUDING 424 CITIES WITH A POPULATION OF AT LEAST 50,000. THE ONLY DATA SET OF ITS KIND, SICE IS AN INDISPENSABLE RESOURCE TO ASSESS LOCAL COMPETITIVE ADVANTAGES AND SET STRATEGIES FOR INVESTMENT AND EQUITABLE GROWTH. ICIC'S SOPHISTICATED ANALYTICS DISCOVER WHICH COMMUNITY CHARACTERISTICS WILL HAVE THE MOST ENERGIZING EFFECT ON OVERALL URBAN PROSPERITY. ICIC ALSO HELPS COMMUNITIES IDENTIFY THEIR COMPETITIVE ADVANTAGES AND BUILD OUT STRATEGIES TO TAKE ADVANTAGE OF THEM TO CREATE JOBS AND REVITALIZE UNDER-RESOURCED COMMUNITIES.ICIC'S RESEARCH PRIORITIES FALL INTO FOUR MAIN CATEGORIES:- ECONOMIC AND SOCIAL DEVELOPMENT OF DISTRESSED COMMUNITIES- INDUSTRIAL STRATEGIES FOR OPPORTUNITY CLUSTERS (INCLUDING ANCHOR INITIATIVES)- BUSINESS AND INVESTMENT IN DISTRESSED COMMUNITIES- WORKFORCE DEVELOPMENT FOR THE RESIDENTS OF DISTRESSED COMMUNITIES
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Grossman Steve | CHIEF EXECUTIVE OFFICER | 40 | $267,080 |
| Wial Howard | SR. VP OF RESEARCH | 40 | $197,243 |
| Camp Matthew | FORMER PRESIDENT AND CHIEF OPERAT | 40 | $150,564 |
| Bondar Oksana | CHIEF FINANCIAL OFFICER | 40 | $138,621 |
| Moin Sonia | PROGRAM DIRECTOR | 40 | $127,683 |
| Pugh Elizabeth | DEVELOPMENT DIRECTOR | 40 | $113,310 |
| Woods Willie | BOARD MEMBER | 0.2 | $0 |
| White Barry | BOARD MEMBER | 0.6 | $0 |
| Stern Carl | BOARD MEMBER | 0.2 | $0 |
| Schiro Susan | BOARD MEMBER | 0.2 | $0 |
| Primo Quintin | BOARD MEMBER | 0.2 | $0 |
| Pagliuca Judy | BOARD MEMBER | 0.4 | $0 |
| Lynch Jair | BOARD MEMBER | 0.2 | $0 |
| Green Dennis | BOARD MEMBER | 0.2 | $0 |
| Gendron George | BOARD MEMBER | 0.2 | $0 |
| Clark Rena | BOARD MEMBER | 0.2 | $0 |
| Berke Barbara | BOARD MEMBER | 0.2 | $0 |
| Mckenzie Brenda | SECRETARY | 0.6 | $0 |
| Homer Ronald | VICE CHAIR & TREASURER | 0.6 | $0 |
| Porter Michael | FOUNDER & CHAIRMAN | 0.6 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202043089349302819_public.xml