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Near North Development Corporation

Near North Development Corporation

Chicago, IL
Tax ID36-2655083

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About this organization

Revenue

$611,801

Expenses

$644,673

Mission

Affordable housing & community programs

About

Upward Bound I and II provides fundamental support to participants in their preparation for college entrance. The program provides opportunities for participants to succeed in their pre-college performance and ultimately in their higher education pursuits. Upward Bound serves: high school students from low-income families; high school students from families in which neither parent holds a bachelor's degree; and low-income, first-generation military veterans who are preparing to enter post-secondary education. The goal of Upward Bound is to increase the rate at which participants complete secondary education and enroll in and graduate from institutions of post-secondary education.

Interesting data from their 2020 990 filing

The filing specifies the mission of the non-profit as “To invest in people and property through the development, maintenance, and improvement of quality mixed-income housing and related supportive services for persons of very low and moderate income in the north town area.”.

When explaining its duties, they were described as: “Affordable housing & community programs”.

  • The state in which the non-profit is authorized to operate legally is IL.
  • According to the filing, the address of the non-profit for the year 2020 is 1251 N Clybourn Avenue, Chicago, IL, 60610.
  • The non-profit has reported 34 employees on their form for the year 2020.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is -$60,038.
  • The organization has 5 independent voting members.
  • The organization was formed in 1967.
  • The organization pays $526,245 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

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