American Business Immigration Coalition
- Assets
- $1.5m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 21
- Location
- Chicago, IL
- Founding
- Data as of
- 12/2021
- EIN
- 84-4206259
Organization Overview
American Business Immigration Coalition, operating under the name Abic, is located in Chicago, IL. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Abic employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Abic 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 12/2021, Abic generated $3.6m in total revenue. All expenses for the organization totaled $2.4m during the year ending 12/2021. While expenses have increased by 257.7% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE AMERICAN BUSINESS IMMIGRATION COALITION (ABIC) WORKS TO ADVANCE SENSIBLE AND COMPASSIONATE IMMIGRATION SOLUTIONS THAT BOOST OUR ECONOMY, STRENGTHEN THE WORKFORCE, AND BENEFIT FAMILIES AND COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IMMIGRATION ADVOCACY: ABIC'S COMMUNITY OF BUSINESS LEADERS, ON-THE-GROUND ORGANIZERS, AND ADVOCATES WORK TIRELESSLY TO EDUCATE STAKEHOLDERS ON THE ECONOMIC BENEFITS OF A PATHWAY TO LEGALIZATION. WE HAVE BROUGHT TOGETHER UNIVERSITY PRESIDENTS, BUSINESS LEADERS, EMPLOYERS, FARMERS AND GROWERS, LEADERS FROM ESSENTIAL INDUSTRY SECTORS, DREAMERS, FARM WORKERS, AND TPS HOLDERS TO CALL ATTENTION TO THE CRITICAL ROLE IMMIGRANTS PLAY IN THE U.S. ECONOMY AND RECOVERY EFFORT, AND TO AMPLIFY THE INCREDIBLE ECONOMIC POTENTIAL THAT WOULD BE UNLEASHED WITH A PATHWAY TO CITIZENSHIP. ADDITIONALLY, ABIC'S EXPANDING CHAPTER STRATEGY HAS ALLOWED US TO BUILD OUR VOICE IN KEY STATES AND REGIONS WHERE LOCAL IMMIGRATION ISSUES AND EDUCATION ABOUT REFORM BUILD PUBLIC PRESSURE THAT IS OFTEN LEVERAGED INTO NATIONAL ADVOCACY.
COMMUNICATIONS AND NARRATIVE SHIFT: ABIC'S FOCUS ON SHIFTING THE NARRATIVE ON IMMIGRATION IS A CORE COMPONENT OF OUR STRATEGY. WE WORK AT THE LOCAL, STATE, AND NATIONAL LEVEL TO CHANGE THE PREVAILING "SCAPEGOAT" DIALOGUE THAT IMMIGRANTS THREATEN JOBS AND WEAKEN THE ECONOMY, REPLACING THAT MESSAGE WITH THE REAL EXPERIENCES OF BUSINESS OWNERS, DREAMERS, AND INDUSTRY, FAITH, AND CIVIC LEADERS. ABIC GENERATES BILLIONS OF MEDIA IMPRESSIONS IN THOUSANDS OF OUTLETS EACH YEAR. THE UNIQUE TRUST AND BRIDGES WE HAVE BUILT WITH STAKEHOLDERS FROM ALL BACKGROUNDS AND IDEOLOGIES ALLOWS US TO REACH DIVERSE AUDIENCES THROUGH OP-EDS, LETTERS TO THE EDITOR, AND FEATURED ARTICLES.
SMALL BUSINESS RECOVERY: ABIC PARTICIPATES IN AND CONTINUALLY WORKS TO HELP SMALL IMMIGRANT AND MINORITY OWNED BUSINESSES NAVIGATE THROUGH PANDEMIC AND POST PANDEMIC RECOVERY THROUGH TECHNICAL ASSISTANCE, RESOURCE SHARING AND A ROBUST REFERRAL NETWORK. ABIC HELPS SMALL BUSINESSES BUILD RESOURCES AND CAPACITY THROUGH GOVERNMENT RESOURCES THAT HAVE BEEN TRADITIONALLY DIFFICULT TO OBTAIN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Shi Executive Director | Officer | 40 | $207,327 |
Rovika Rajkishun Deputy Director | 40 | $105,875 | |
Joshua Hoyt Secretary And Director | OfficerTrustee | 2.5 | $50,000 |
John Rowe President And Director | OfficerTrustee | 2.5 | $0 |
Mike Fernandez Director | OfficerTrustee | 2.5 | $0 |
Sam Scott Vice President And Director | OfficerTrustee | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $150,000 |
| Government grants | $401,446 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,889,064 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,440,510 |
| Total Program Service Revenue | $201,419 |
| Investment income | $0 |
| 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 | $3,641,929 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $367,145 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,165,135 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $204,027 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $508,707 |
| Fees for services: Accounting | $28,542 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $43,737 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,020 |
| Travel | $22,371 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $20,011 |
| All other expenses | $0 |
| Total functional expenses | $2,390,402 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $819,468 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $683,105 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,502,573 |
| Accounts payable and accrued expenses | $41,141 |
| Grants payable | $0 |
| Deferred revenue | $101,956 |
| 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 | $0 |
| Total liabilities | $143,097 |
| Net assets without donor restrictions | $943,476 |
| Net assets with donor restrictions | $416,000 |
| 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 | $1,502,573 |
Grants Awarded
Over the last fiscal year, American Business Immigration Coalition has awarded $367,145 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
MELROSE PARK CHAMBER OF COMMERCE PURPOSE: Small Business Recovery | $129,902 |
Chicago, IL PURPOSE: Small Business Recovery | $69,725 |
Portland, ME PURPOSE: Immigration Advocacy | $50,000 |
NATIVE AMERICAN CHAMBER OF COMMERCE PURPOSE: Small Business Recovery | $41,416 |
Rockford, IL PURPOSE: Small Business Recovery | $41,102 |
Austin, TX PURPOSE: Immigration Advocacy | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that American Business Immigration Coalition has recieved totaling $1,035,000.
| Awarding Organization | Amount |
|---|---|
Helios Education Foundation Phoenix, AZ PURPOSE: See Part IV | $325,000 |
Ford Foundation New York, NY PURPOSE: GENERAL SUPPORT | $300,000 |
Impactassets Inc Bethesda, MD PURPOSE: TO SUPPORT FEDERAL IMMIGRATION REFORM + COLLECTIVE IMPACT OF STATE/LOCALWINS ON CORE IMMIGRATION REFORM MOVEMENT | $150,000 |
Catena Foundation Carbondale, CO PURPOSE: IMMIGRATION & WELCOMING REFUGEES- FEDERAL IMMIGRATION REFORM | $100,000 |
Andrew And Ann Tisch Foundation Inc New York, NY PURPOSE: TO FURTHER EDUCATIONAL, RELIGIOUS, MEDICAL, CULTURAL, SOCIETAL AND ENVIRONMENTAL CAUSES. | $50,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Givenkind Gurnee, IL | $615,536 | $8,322,784 |
Lucy Burns Institute Inc Middleton, WI | $4,314,081 | $6,584,157 |
Journey To New Life Inc Kansas City, MO | $2,130,182 | $5,937,979 |
Field Ready Inc Evanston, IL | $891,610 | $3,039,732 |
Institute For Public Affairs Chicago, IL | $2,903,141 | $2,770,410 |
American Business Immigration Coalition Chicago, IL | $1,502,573 | $3,641,929 |
Khalil Foundation Lombard, IL | $587,760 | $2,305,215 |
Monroe County United Ministries Inc Bloomington, IN | $2,769,488 | $2,039,215 |
Circuit Clerks Trust For Life Inc Louisville, KY | $1,495,944 | $1,535,006 |
Linda Hall Library Foundation Kansas City, MO | $2,032,443 | $752,725 |
My Well Hoffman Estates, IL | $478,403 | $1,415,827 |
Unify America Evanston, IL | $46,320,236 | $44,875,273 |