Overview
What is Chicago Southland Economic Development Corporation?
The Chicago Southland Economic Development Corporation is a nonprofit organization situated within the Chicago metropolitan area. Its primary role is to orchestrate a unified strategic economic development program for the regions recognized as the "Chicago Southland." Their mission involves devising a comprehensive marketing and promotion strategy to draw in and sustain robust businesses in the south suburban region of Chicago, Illinois. By doing so, they aim to foster economic growth and development within this specific area.
Is Chicago Southland Economic Development Corporation legitimate?
Chicago Southland Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago Southland Economic Development Corporation submitted a form 990EZ, 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.
What is the mission statement of Chicago Southland Economic Development Corporation?
The Chicago Southland Economic Development Corporation's mission is to orchestrate a unified economic development strategy for various regions within the Chicago metropolitan area, collectively known as "Chicago Southland." Their primary objective is to draw and retain robust businesses in the south suburban region of Chicago, Illinois, through a comprehensive marketing and promotion strategy.
Who is the CEO of Chicago Southland Economic Development Corporation?
Michael Scholefield is the President of Chicago Southland Economic Development Corporation.
What is the revenue of Chicago Southland Economic Development Corporation?
Chicago Southland Economic Development Corporation's revenue in 2020 was $167,356.
Who are the executives of Chicago Southland Economic Development Corporation and what are their salaries?
Here are 6 key members and their salaries:
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- Compensation: $55,553
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Where can I find the form 990EZ for Chicago Southland Economic Development Corporation?
Chicago Southland Economic Development Corporation's most recent form 990EZ was submitted in 2020 and can be accessed here.
Mission Statement of Chicago Southland Economic Development Corporation
The Chicago Southland Economic Development Corporation exists with a primary objective to orchestrate a unified economic development plan for the areas within the Chicago metropolitan region, often referred to as the "Chicago Southland." Their mission is to devise and execute a comprehensive marketing and promotion strategy, with the ultimate goal of drawing and retaining robust businesses to the south suburban region of Chicago, Illinois. In essence, the organization serves as a catalyst for economic growth and development in this specific region, working towards the attraction and retention of strong businesses to foster a thriving and prosperous community.
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Impact
October, 2024
The Chicago Southland Economic Development Corporation plays a pivotal role in driving growth and development in the Chicago Southland region. By coordinating a strategic economic development program, it fosters collaboration among various stakeholders, including local governments, businesses, and community organizations.
Through a comprehensive marketing and promotion strategy, the organization actively attracts and retains businesses in the south suburban area. This not only enhances the local economy but also creates jobs and improves the quality of life for residents. The focus on community improvement highlights its commitment to building a sustainable and vibrant environment that supports both existing businesses and newcomers.
As a result, the Chicago Southland Economic Development Corporation significantly contributes to the region's economic vitality, ensuring that it remains an appealing destination for investment and growth.
This information is meant to be a general summary of Chicago Southland Economic Development 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Program Service Revenue: $50,738
- Gross Receipts: $167,356
Assets and Liabilities:
- Total Assets: $96,440
- Total Liabilities: $10,274
- Net Assets: $86,166
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Organization Details
Phone
(708) 922-4671Principal Officer
Michael Scholefield
Main Address
1904 174TH STREET, EAST HAZEL CREST, IL, 60429
NTEE Category
Code: S30 - Community improvement
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