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Chicago Southwest Development Corporation

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

EIN: 461575093 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Chicago Southwest Development Corporation?

Chicago Southwest Development Corporation is a nonprofit organization with a mission to improve Chicago's underserved neighborhoods. They aim to create self-sustaining communities by providing non-traditional education, recreation, and health and wellness programs. Located at 2875 West 19th Street, Chicago, Illinois, the corporation is currently developing a multipurpose campus called the Focal Point Community Campus. This project, spanning 30 acres, will incorporate retail, wellness, education, arts, and recreation facilities, focusing on the holistic well-being of community members. Saint Anthony Hospital, an associated tax-exempt organization, will continue its medical services at the campus, providing essential care to all, regardless of their ability to pay. In addition, an outpatient and specialty clinic will be established to cater to various rehabilitative and health maintenance needs.


Official website here: www.chicagosdc.com

Is Chicago Southwest Development Corporation legitimate?

Chicago Southwest Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago Southwest Development 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: $0
Professional Fundraising Fees: $254,296
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.chicagosdc.com

What is the mission statement of Chicago Southwest Development Corporation?

The Chicago Southwest Development Corporation's mission is centered around three primary objectives. Firstly, it aims to establish self-sufficient communities within Chicago's underprivileged neighborhoods. Secondly, it focuses on enriching families' lives through innovative educational, recreational, and health and wellness programs. Lastly, it strives to enhance social service programs that cater to the unique needs of each individual community. The corporation's objective is to uplift these communities by providing them with essential resources and support.


Official website here: www.chicagosdc.com

Who is the CEO of Chicago Southwest Development Corporation?

Guy A Medaglia is the President & Ceo of Chicago Southwest Development Corporation. The CEO's salary of Chicago Southwest Development Corporation is $0 and their total compensation is $1,084,734.


Official website here: www.chicagosdc.com

What is the revenue of Chicago Southwest Development Corporation?

Chicago Southwest Development Corporation's revenue in 2022 was $2,358,282.


Official website here: www.chicagosdc.com

Who are the executives of Chicago Southwest Development Corporation and what are their salaries?

There 2 volunteers at Chicago Southwest Development Corporation.


Here are 4 key members and their salaries (Chicago Southwest Development Corporation's CEO's salary is $0 and their total compensation is $1,084,734):


Guy A Medaglia (President & Ceo)
  • Compensation: $0
  • Related: $670,418
  • Other: $414,316
Peter V Fazio Jr (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dorval R Carter Jr (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Enkema (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.chicagosdc.com

Where can I find the form 990 for Chicago Southwest Development Corporation?

Chicago Southwest Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.chicagosdc.com

Learn more at the official website: www.chicagosdc.com

Mission Statement of Chicago Southwest Development Corporation

Chicago Southwest Development Corporation, in its mission, aims to serve the Chicago Southwest Community Organization and related healthcare entities. Its primary goal is to maintain ownership of land and related improvements for the betterment of these entities. Beyond this, the corporation has a broader mission to foster self-sustaining communities in Chicago's underserved neighborhoods. It achieves this by providing non-traditional educational, recreational, and health and wellness programs. These programs are designed to enrich the lives of families living in these communities. By offering these programs, the Chicago Southwest Development Corporation aims to uplift the lives of families and enhance the social service programs tailored to meet the unique needs of each individual community.

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Impact




October, 2024

Chicago Southwest Development Corporation is making a significant impact on the Southwest side of Chicago through the development of the Focal Point Community Campus. This expansive multipurpose complex will occupy 30 acres and feature a diverse range of facilities that promote holistic well-being—encompassing retail, wellness, education, arts, and recreational opportunities.

The Campus, strategically located at 31st Street and Kedzie Avenue, aims to enrich the surrounding community by focusing on comprehensive health and wellness programs, rather than simply relying on traditional healthcare models. A key element of this initiative includes a partnership with Saint Anthony Hospital, which will provide accessible emergency and medical care without turning anyone away based on their ability to pay.

This development strives to create self-sustaining communities by enhancing the availability of non-traditional educational resources and social services tailored to the unique needs of residents. The emphasis on community engagement and well-being will play a pivotal role in uplifting underserved neighborhoods, ultimately fostering stronger, healthier families and enhancing the quality of life for community members.




This information is meant to be a general summary of Chicago Southwest 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.

Revenue
$2,358,282 (2022)
Expenses
$3,772,079 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $2,358,282

Assets and Liabilities:

  • Total Assets: $23,619,457
  • Total Liabilities: $36,706,401
  • Net Assets: -$13,086,944

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Organization Details

Founding Year

2012

Principal Officer

Guy A Medaglia

Main Address

2875 West 19th Street, Chicago, IL, 60623

NTEE Category

Code: X11 - Religion related

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