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St Edmund's Redevelopment Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 363701311 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is St Edmund's Redevelopment Corporation?

St. Edmund's Redevelopment Corporation, located in Chicago, Illinois, is a nonprofit organization with a focus on bettering the civic and social landscape of the state and the city specifically. They strive to achieve this mission by engaging in activities such as promoting affordable housing and collaborating with like-minded organizations. The corporation's primary goal is to contribute positively to the common good and welfare of the citizens of Chicago, working diligently to foster improvements in their community. With a small team of just two employees, St. Edmund's Redevelopment Corporation continues to make a difference in the lives of Chicagoans.

Is St Edmund's Redevelopment Corporation legitimate?

St Edmund's Redevelopment Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Edmund's Redevelopment Corporation 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: $191,761
Professional Fundraising Fees: $0
Other Salaries and Wages: $105,474

For more financial information, click here

What is the mission statement of St Edmund's Redevelopment Corporation?

St. Edmund's Redevelopment Corporation's mission is centered around promoting and fostering the common good and social welfare. It specifically targets the citizens of Illinois, with a particular focus on Chicago. The organization aims to achieve this by bringing about civic betterments and social improvements. Some of these improvements include providing affordable housing and collaborating with like-minded organizations. The corporation's objective is to contribute to the well-being of its community by implementing initiatives that enhance living conditions and promote social progress.

Who is the CEO of St Edmund's Redevelopment Corporation?

Richard L Tolliver is the President of St Edmund's Redevelopment Corporation.

What is the revenue of St Edmund's Redevelopment Corporation?

St Edmund's Redevelopment Corporation's revenue in 2022 was $191,696.

Who are the executives of St Edmund's Redevelopment Corporation and what are their salaries?

The average compensation at St Edmund's Redevelopment Corporation during 2022 was $148,618. There are 2 employees and 25 volunteers at St Edmund's Redevelopment Corporation.


Here are 3 key members and their salaries:


Dr Richard L Tolliver (President)
  • Compensation: $191,761
  • Related: $0
  • Other: $0
Andrea Flynn (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Murray (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for St Edmund's Redevelopment Corporation?

St Edmund's Redevelopment Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of St Edmund's Redevelopment Corporation

St. Edmund's Redevelopment Corporation is committed to promoting and encouraging the well-being of the citizens of Illinois, with a special focus on those residing in Chicago. The organization seeks to achieve this goal by working towards civic betterments and social improvements. One of its primary focuses is the provision of affordable housing. Moreover, St. Edmund's Redevelopment Corporation collaborates with other organizations sharing similar objectives to further enhance its efforts. The organization's mission is to contribute positively to the community by fostering social welfare and encouraging common good, ultimately improving the lives of its residents.

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Impact




October, 2024

St Edmund's Redevelopment Corporation significantly impacts the community by promoting civic betterments and fostering social welfare in Chicago. Its efforts are directed towards improving the quality of life for residents, particularly through the provision of affordable housing. By addressing critical housing needs, the organization contributes to greater economic stability and inclusivity within the city.

Additionally, the corporation collaborates with other organizations that share similar missions, amplifying its reach and effectiveness. Through these collaborative efforts, it aims to create a more equitable environment, addressing not only housing but also broader social enhancements that benefit the local population. Overall, St Edmund's Redevelopment Corporation plays a vital role in supporting and uplifting the community, directly contributing to the common good and overall social improvements in Chicago.




This information is meant to be a general summary of St Edmund's Redevelopment Corporation. 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.

Revenue
$191,696 (2022)
Expenses
$556,771 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $64,506
  • Program Service Revenue: $2,190
  • Gross Receipts: $2,988,543

Assets and Liabilities:

  • Total Assets: $2,982,251
  • Total Liabilities: $23,251
  • Net Assets: $2,959,000

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

OTHER REVENUE

Revenue

$2,190

Organization Details

Founding Year

1990

Principal Officer

Richard L Tolliver

Main Address

205 E 61ST ST, CHICAGO, IL, 60637

NTEE Category

Code: L200 - Housing

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