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Far South Cdc

Far South Cdc

Chicago, IL 60628
Tax ID36-2946248

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About this organization

Revenue

$1,373,199

Expenses

$1,421,274

Website

farsouthcdc.org

Mission

Through planning and collaboration with private developers, governmental entities and other stake-holders, the Far-South Community Development Corporation (Far South CDC)strives to facilitate and foster quality retail businesses that will meet the needs of the community, new industrial uses, and new rehabilitated commercial and residential real estate developments that will create jobs and improve the quality of life for all people who live and work in its service area.

About

Far South CDC's strives to facilitate and foster quality retail businesses that will meet the needs of the community; through planning and collaboration with private developers, governmental entities and other stake-holders, new industrial uses, and new rehabilitated commercial and residential real estate developments that will create jobs and improve the quality of life for all people who live and work in its service area.

Interesting data from their 2020 990 filing

The filing clearly states the mission of the non-profit as “Through planning and collaboration with private developers, governmental entities and other stake-holders, the far-south community development corporation (far south cdc)strives to facilitate and foster quality retail businesses that will meet the needs of the community, new industrial uses, and new rehabilitated commercial and residential real estate developments that will create jobs and improve the quality of life for all people who live and work in its service area.”.

When outlining its functions, they were explained as: “Through planning and collaboration with private developers, governmental entities and other stake-holders, the far-south community development corporation (far south cdc)strives to facilitate and foster quality retail businesses that will meet the needs of the community, new industrial uses, and new rehabilitated commercial and residential real estate developments that will create jobs and improve the quality of life for all people who live and work in its service area.”.

  • In compliance with legal regulations, the non-profit has reported their state of operation as IL.
  • The filing records the non-profit's address for 2020 as 9923 SOUTH HALSTED D, CHICAGO, IL, 60628.
  • As of 2020, the non-profit's form reports a total of 11 employees.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$48,075.
  • The compensation of the CEO of the organization is not based on an independent review and approval process.
  • The organization has 7 independent voting members.
  • The organization was formed in 1977.
  • The organization pays $780,845 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

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