Overview
What is Community And Economic Development Association Of Cook County Inc?
Community and Economic Development Association of Cook County Inc, or CEDA, is a county-wide community development agency based in Chicago, Illinois, with a workforce of 432 individuals. Their mission is to collaborate with communities, empowering families and individuals to attain self-sufficiency and enhance their quality of life. CEDA offers a range of services, including energy assistance for eligible applicants to reduce home heating and cooling costs through monetary benefits and counseling. Their human services and economic development initiatives work in partnership with businesses and government to address the needs of residents in Suburban Cook County and Chicago.
Official website here: www.cedaorg.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
The Community And Economic Development Association Of Cook County Inc (CEDA) has received a Three-Star rating from Charity Navigator, reflecting a strong focus on accountability and finance. The organization has achieved a high score in various accountability metrics, including an independent board and effective oversight, which indicates a commitment to transparency. However, its liabilities to assets ratio suggests some financial strain, which could be a concern for potential donors.
User reviews present a mixed picture of CEDA's effectiveness. Positive feedback highlights the recent leadership changes that have improved operations and fostered trust with government agencies. Employees have noted a resurgence in the organization’s reputation, and partnerships with local entities are reportedly strengthening. Yet, several negative reviews emphasize issues with specific programs, including claims of mismanagement and unfulfilled promises, raising concerns about the organization’s operational integrity.
Criticism from former staff and clients suggests a disconnect between the organization's funding and the needs of the community it serves. Allegations of an "old boys network" and claims of programs designed to capture government funds rather than effectively addressing community issues suggest systemic problems within CEDA. While the organization shows strengths in financial governance, these reviews indicate that improvements are needed in program delivery and client satisfaction.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Community And Economic Development Association Of Cook County Inc?
80% of the 13 reviewers on Facebook would recommend the Community and Economic Development Association of Cook County Inc. Here’s a summary of their thoughts:
Some users express dissatisfaction with the organization's handling of their cases, citing instances where paperwork was lost, leading to denials and a lack of assistance during critical times. One reviewer described a personal struggle with their utility services being disconnected while feeling unsupported by the organization.
On a more positive note, those who had successful experiences with the nonprofit indicated that they appreciate the services offered and the support they received. While there are concerns about the management of cases, users who had favorable outcomes feel that the organization does provide valuable help to the community. Overall, there is a mix of responses, highlighting opportunities for improvement in service delivery.
This AI summary has been generated from reviews found on Facebook.
Is Community And Economic Development Association Of Cook County Inc legitimate?
Community And Economic Development Association Of Cook County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community And Economic Development Association Of Cook County Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,095,364
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,129,898
For more financial information, click here
Official website here: www.cedaorg.net
What is the mission statement of Community And Economic Development Association Of Cook County Inc?
The Community and Economic Development Association of Cook County (CEDA) is a community development agency dedicated to improving the lives of individuals and families in suburban Cook County and Chicago. Through partnerships with businesses, government, and communities, CEDA offers a range of economic development and human services. Their mission is to empower people to achieve self-sufficiency and enhance their quality of life.
CEDA's activities include education, advocacy, and direct services. In the realm of energy services, they help eligible applicants reduce their home heating and cooling costs by providing a monetary benefit towards energy bills. They also offer counseling, outreach, information, and referrals to other energy-related programs.
As a county-wide organization, CEDA works to address the diverse needs of its residents, partnering with businesses and government to create a supportive environment for sustainable growth and improved living conditions.
Official website here: www.cedaorg.net
Who is the CEO of Community And Economic Development Association Of Cook County Inc?
Eric Slaughter is the Chairman of Community And Economic Development Association Of Cook County Inc. The CEO's salary of Community And Economic Development Association Of Cook County Inc is $259,202 and their total compensation is $282,540.
Official website here: www.cedaorg.net
What is the revenue of Community And Economic Development Association Of Cook County Inc?
Community And Economic Development Association Of Cook County Inc's revenue in 2022 was $234,837,764.
Official website here: www.cedaorg.net
Who are the executives of Community And Economic Development Association Of Cook County Inc and what are their salaries?
The average compensation at Community And Economic Development Association Of Cook County Inc during 2022 was $42,188. There are 432 employees and 37 volunteers at Community And Economic Development Association Of Cook County Inc.
Here are 28 key members and their salaries (Community And Economic Development Association Of Cook County Inc's CEO's salary is $259,202 and their total compensation is $282,540):
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Official website here: www.cedaorg.net
Where can I find the form 990 for Community And Economic Development Association Of Cook County Inc?
Community And Economic Development Association Of Cook County Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cedaorg.net
Learn more at the official website: www.cedaorg.net
Mission Statement of Community And Economic Development Association Of Cook County Inc
The Community and Economic Development Association of Cook County Inc, or CEDA, is a mission-driven organization dedicated to working in partnership with communities to empower individuals and families towards self-sufficiency and an improved quality of life. This county-wide community development agency operates by addressing the needs of suburban Cook County and Chicago residents through economic development and human services. In collaboration with businesses and government, CEDA provides education, advocacy, and direct services.
One of CEDA's initiatives is its Energy Services program, which assists eligible applicants in reducing their home heating and cooling costs. The program offers a monetary benefit towards energy bills on behalf of the applicant, in addition to counseling, outreach, information, and referrals to other energy-related programs. By providing these services, CEDA aims to help families and individuals manage their energy needs more effectively and affordably.
CEDA's mission extends beyond energy services as it strives to create lasting change within the communities it serves. Through its partnerships and programs, the organization empowers individuals and families to take control of their lives and achieve self-sufficiency. From education and advocacy to direct services, CEDA is committed to making a positive impact on the lives of those in need.
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Impact
October, 2024
The Community And Economic Development Association of Cook County Inc. (CEDA) plays a vital role in enhancing the livelihoods of individuals and families across suburban Cook County and Chicago. By working in partnership with communities, CEDA empowers residents to achieve self-sufficiency and improve their overall quality of life.
One of the key services offered is energy assistance, which helps eligible applicants reduce their home heating and cooling costs. Through direct monetary benefits toward energy bills and comprehensive support that includes counseling, outreach, and referrals to additional energy-related programs, CEDA significantly alleviates financial burdens for many households.
Furthermore, CEDA's commitment to education, advocacy, and direct services addresses pressing economic needs, fostering community improvement and resilience. By collaborating with local businesses and government entities, CEDA enhances access to resources and services that further support economic development, ultimately leading to stronger, more empowered communities.
This information is meant to be a general summary of Community And Economic Development Association Of Cook County Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$722
- Program Service Revenue: $1,666,188
- Gross Receipts: $235,050,308
Assets and Liabilities:
- Total Assets: $56,631,029
- Total Liabilities: $44,721,588
- Net Assets: $11,909,441
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ENERGY CONSERVATION
Revenue
$1,285,512
ENERGY SERVICES
Revenue
$378,576
MORTGAGE COUNSELING
Revenue
$2,100
Organization Details
Founding Year
1966
Phone
(312) 782-2332Principal Officer
Eric Slaughter
Main Address
567 W LAKE STREET 1200, CHICAGO, IL, 60661
Website
www.cedaorg.netNTEE Category
Code: S20 - Community improvement
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