Next Level Northwest
Accelerate Your Business
Programs and results
What we aim to solve
Next Level Northwest is a charitable, educational organization with the specific intent of helping the leaders and owners of existing Stage 2 businesses, i.e., those within the growth stage that have not yet matured and continue to demonstrate operational and design inefficiencies, through a competitive business accelerator engagement process as well as educational programs and events directed toward ongoing development of graduate companies.
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Next Level Northwest Business Accelerator
Next Level Northwest is a business acceleration public-private partnership serving the Northwest Chicagoland region. We support regional and local businesses through collaborative and innovative initiatives to help grow the economy.
Pitch Night to Mentorship
1. Screen potential candidates for educational and advisory services;
2. Provide educational services through the business accelerator program, which constitutes Phase 1 of selected candidates’ business transformation. Candidates are matched with appropriate business coaches who assist candidates over the course of 30 days in identifying root causes to operational inefficiencies and deficiencies. Candidates work with the coach to create actionable corrective action plans executable over 60-90 days that addresses the most pressing needs of the company that interfere with effective business performance. Candidates move to “client” status when the governing board reviews and approves the plan for grant funding (between $7,500 and $10,000) and periodic review and reporting to ensure plan execution stay on track;
3. Provide educational services through mentoring and ongoing development programs and events, which constitute Phase 2 of graduate clients’ continuing growth.
Where we work
External reviews
Our results
How does this organization measure their results? It's a hard question but an important one.
Hours of consulting time accessed
This metric is no longer tracked.Totals By Year
Related Program
Next Level Northwest Business Accelerator
Goals & Strategy
Learn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
Next Level Northwest is a unique public-private partnership between municipalities and the business communities within as well as those that span the participating villages and cities. The partnership exists to ignite collaboration and innovation within the companies where leaders seek to elevate company performance to the next level as well as across the northwest region where participating municipalities have need to work synergistically for mutual benefit
What are the organization's key strategies for making this happen?
1. Screen potential candidates for educational and advisory services;
2. Provide educational services through the business accelerator program, which constitutes Phase 1 of selected candidates’ business transformation. Candidates are matched with appropriate business coaches who assist candidates over the course of 30 days in identifying root causes to operational inefficiencies and deficiencies. Candidates work with the coach to create actionable corrective action plans executable over 60-90 days that addresses the most pressing needs of the company that interfere with effective business performance. Candidates move to “client” status when the governing board reviews and approves the plan for grant funding (between $7,500 and $10,000) and periodic review and reporting to ensure plan execution stay on track;
3. Provide educational services through mentoring and ongoing development programs and events, which constitute Phase 2 of graduate clients’ continuing growth.
What are the organization's capabilities for doing this?
To be qualified to serve as a member of the Board of Directors, an individual must be over the age of eighteen (18); dedicated to advancing the Exempt Purpose of the corporation; be an appointed member of the senior leadership team of one of the participating municipalities, or an independent director as defined below. Board members may not have a business or family relationship with any other director, officer, or employee of the corporation where any form of remuneration exists. Professional relationships are expected to exist between municipal members of the board because of the routine business conducted between municipalities as well as joint or collaborative service on regional, state, or agency boards. All municipal members are required to be residents of the State of Illinois to serve on the Board but do not need to be a resident of the communities they represent. Independent members are required to be residents of the State of Illinois.
What have they accomplished so far and what's next?
Within one short year, Next Level Northwest has created substantial infrastructure to begin the process of hearing business proposals during "Pitch Nights" beginning in September 2018. We will then follow the planning as designed for the organization's mission, vision and By Laws.
Financials
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Operations
The people, governance practices, and partners that make the organization tick.
Connect with nonprofit leaders
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- Analyze a variety of pre-calculated financial metrics
- Access beautifully interactive analysis and comparison tools
- Compare nonprofit financials to similar organizations
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Connect with nonprofit leaders
SubscribeBuild relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.
- Analyze a variety of pre-calculated financial metrics
- Access beautifully interactive analysis and comparison tools
- Compare nonprofit financials to similar organizations
Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.
Next Level Northwest
Board of directorsas of 04/29/2019
Mr Raymond Rummel
Village of Elk Grove
Term: 2018 - 2019
Paula Hewson
Village of Schaumburg
Jim Norris
Village of Hoffman Estates
Juliana Maller
Village of Hanover Park
Barry Krumstock
City of Rolling Meadows
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Not applicable -
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes -
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes -
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes