Hire360
- Assets
- $6.7m
- Revenue
- $6.8m
- Investments
- $0.0
- Employees
- 34
- Location
- Chicago, IL
- Founding
- Data as of
- 06/2023
- EIN
- 84-1963307
Organization Overview
Hire360 is located in Chicago, IL. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 06/2023, Hire360 employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hire360 is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Hire360 generated $6.8m in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $4.3m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Hire360 has awarded 14 individual grants totaling $992,879. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO EXPAND EMPLOYMENT AND ADVANCEMENT OPPORTUNITIES FOR COMMUNITY RESIDENTS IN THE SERVICE, HOSPITALITY, MANUFACTURING, AND CONSTRUCTION INDUSTRIES BY PROVIDING RECRUITING, TRAINING, AND PLACEMENT ASSISTANCE AND UPGRADING THE SKILLS OF THE CURRENTLY EMPLOYED AS WELL AS MENTORING NEW COMMUNITY BUSINESSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HIRE360 HOUSES FOUR PILLARS OF PROGRAMING: 1) INDUSTRY-FOCUSED PRE-APPRENTICESHIP TRAINING FOR MORE THAN 35 TRADES; 2) WOMEN AND MINORITY-OWNED BUSINESS DEVELOPMENT FOR ACCESS TO CAPITAL AND CAPACITY-BUILDING; 3) YOUTH OUTREACH TO INTRODUCE STUDENTS TO CAREERS IN THE TRADES, AND 4) A SUPPLY CHAIN DIVERSITY PROGRAM TO ADVANCE A MORE LEVEL PLAYING FIELD AMONG THE INDUSTRY'S MINORITY-OWNED SUPPLIERS OF GOODS AND SERVICES. HIRE360 PREPARES MORE THAN 1,000 ASPIRING APPRENTICES YEARLY WITH PRE-APPRENTICESHIP TRAINING AND SUPPORT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don Biernacki President | OfficerTrustee | 4 | $0 |
Mike Meagher Treasurer | OfficerTrustee | 4 | $0 |
Don Villar Secretary | OfficerTrustee | 4 | $0 |
Michael Macellaio Director | Trustee | 4 | $0 |
Rashied Davis Director | Trustee | 4 | $0 |
Jonathan Jones Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,071,343 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,697,845 |
| Noncash contributions included in lines 1a–1f | $728,007 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,769,188 |
| Total Program Service Revenue | $0 |
| Investment income | $9 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,830,928 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $569,550 |
| Grants and other assistance to domestic individuals. | $579,921 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $189,108 |
| Compensation of current officers, directors, key employees. | $24,743 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,739,665 |
| Pension plan accruals and contributions | $40,773 |
| Other employee benefits | $148,581 |
| Payroll taxes | $162,163 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $20,500 |
| Fees for services: Accounting | $30,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $175,482 |
| Advertising and promotion | $26,235 |
| Office expenses | $63,724 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $10,577 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,328 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $24,553 |
| All other expenses | $10,393 |
| Total functional expenses | $4,269,736 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,749,799 |
| Savings and temporary cash investments | $10,011 |
| Pledges and grants receivable | $942,235 |
| Accounts receivable, net | $444,417 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $48,974 |
| Net Land, buildings, and equipment | $2,478,020 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,673,456 |
| Accounts payable and accrued expenses | $616,223 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $717,922 |
| Total liabilities | $1,334,145 |
| Net assets without donor restrictions | $2,999,138 |
| Net assets with donor restrictions | $2,340,173 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,673,456 |
Grants Awarded
Over the last fiscal year, Hire360 has awarded $569,550 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CHICAGO WOMEN IN TRADES PURPOSE: WORKFORCE DEVELOPMENT | $192,540 |
CENTRAL STATES FUNDS PURPOSE: WORKFORCE DEVELOPMENT | $79,553 |
ST PAUL COMMUNITY DEVELOPMENT MINISTRIES PURPOSE: WORKFORCE DEVELOPMENT | $63,333 |
REVOLUTION WORKSHOP PURPOSE: WORKFORCE DEVELOPMENT | $33,333 |
HISPANIC AMERICAN CONSTRUCTION INDUSTRY ASSOCIATION PURPOSE: WORKFORCE DEVELOPMENT | $12,022 |
UNITE HERE CHICAGO PURPOSE: WORKFORCE DEVELOPMENT | $75,399 |