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Northwest Side Cdc

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

EIN: 831979604 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Northwest Side Cdc?

Northwest Side CDC, situated in Chicago, Illinois, is a dedicated nonprofit organization. Their primary focus lies in advocating for housing policies and aiding delinquent borrowers. They also strive to create new affordable housing units and offer downpayment assistance programs. Furthermore, they facilitate the matching of landlords and tenants to find affordable housing options. For the local business community, they provide numerous development resources and assistance. Their mission encompasses preserving affordable housing, preventing displacement, and fostering business growth among small enterprises in the Northwest Side and Belmont Cragin areas. They operate with a team of five dedicated individuals.


Official website here: www.northwestsidecdc.org/

Is Northwest Side Cdc legitimate?

Northwest Side Cdc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwest Side Cdc 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: $75,890
Professional Fundraising Fees: $0
Other Salaries and Wages: $312,339

For more financial information, click here


Official website here: www.northwestsidecdc.org/

What is the mission statement of Northwest Side Cdc?

The Northwest Side Community Development Corporation's mission is centered around providing the necessary tools and resources to preserve affordable housing and prevent displacement in a specific area. They also offer business development assistance to local small businesses. This organization advocates for housing policies, reaches out to delinquent borrowers, creates new affordable housing units, and operates downpayment assistance programs. Additionally, they facilitate the matching of landlords and tenants to find affordable housing, and offer numerous programs for the small business community development in the area.


Official website here: www.northwestsidecdc.org/

Who is the CEO of Northwest Side Cdc?

Tiffany Odeh is the Treasurer of Northwest Side Cdc.


Official website here: www.northwestsidecdc.org/

What is the revenue of Northwest Side Cdc?

Northwest Side Cdc's revenue in 2022 was $1,124,124.


Official website here: www.northwestsidecdc.org/

Who are the executives of Northwest Side Cdc and what are their salaries?

The average compensation at Northwest Side Cdc during 2022 was $77,646. There are 5 employees and 25 volunteers at Northwest Side Cdc.


Here are 9 key members and their salaries:


Stephen Cleary (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tiffany Odeh (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Naset (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsey Haines (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hector Fabregas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Eldridge (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diamaris Luz Quiles (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annette Vega (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Estremera (Executive Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.northwestsidecdc.org/

Where can I find the form 990 for Northwest Side Cdc?

Northwest Side Cdc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.northwestsidecdc.org/

Learn more at the official website: www.northwestsidecdc.org/

Mission Statement of Northwest Side Cdc

The Northwest Side Community Development Corporation (Northwest Side CDC) is committed to serving its community by providing the necessary tools and resources to preserve affordable housing, prevent displacement, and foster business development for local small businesses. This mission-driven organization aims to preserve affordable housing within the Northwest Side and Belmont Cragin area, preventing individuals and families from facing housing instability. Additionally, Northwest Side CDC offers assistance to small businesses in the community, providing them with the resources they need to thrive and grow. This includes housing policy advocacy, outreach to delinquent borrowers, the creation of new affordable housing units, and various programs to help develop the small business community. Northwest Side CDC also offers downpayment assistance programs and matches landlords and tenants to find affordable housing options, making it easier for individuals and families to secure a stable living situation.

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Impact




July, 2024

Northwest Side CDC's impact is significant in preserving affordable housing, preventing displacement, and providing business development assistance in the Northwest Side and Belmont Cragin area of Chicago. Their activities include housing policy advocacy, outreach to delinquent borrowers, creating new affordable housing units, offering down payment assistance programs, and facilitating the match between landlords and tenants to find affordable housing. Additionally, they run numerous programs to support small business development in the community.




This information is meant to be a general summary of Northwest Side Cdc. 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
$1,124,124 (2022)
Expenses
$807,135 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $212
  • Program Service Revenue: $14,125
  • Gross Receipts: $1,124,124

Assets and Liabilities:

  • Total Assets: $1,344,668
  • Total Liabilities: $266,181
  • Net Assets: $1,078,487

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Programs

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

Program Revenue

Revenue

$14,125

Organization Details

Founding Year

2018

Principal Officer

Tiffany Odeh

Main Address

5233 W Diversey Avenue, Chicago, IL, 60639

NTEE Category

Code: L80 - Housing

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