Totals
- Total revenue
- $10,960,921
- Total expenses
- $1,187,034
- Contributions and grants received
- $10,282,200
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $678,721
- Other revenue
- $0
- Total assets, end of year
- $41,920,929
- Total liabilities, end of year
- $21,226,204
- Net assets or fund balances, end of year
- $20,694,725
- Program services expenses (Part IX)
- $1,118,174
- Management and general expenses
- $68,860
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,118,174
Program services were 94.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$10,282,200
-
3 · Investment income
total $678,721 · excluded $678,721
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $250,000 · program services $187,500 · management and general $62,500
-
11b · Fees: legal
total $10,000 · program services $10,000
-
11c · Fees: accounting
total $14,950 · program services $11,212 · management and general $3,738
-
20 · Interest
total $710,226 · program services $710,226
-
22 · Depreciation, depletion and amortization
total $5,495 · program services $5,495
-
24a · Other expenses: GRANT EXPENSE
total $193,741 · program services $193,741
-
24b · Other expenses: MISCELLANEOUS
total $2,622 · management and general $2,622
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $14,012,725 · end of year $23,358,212
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $130,000
-
7 · Other notes and loans receivable
beginning of year $7,800,342 · end of year $18,432,717
-
17 · Accounts payable and accrued expenses
beginning of year $12,720 · end of year $264,950
-
24 · Unsecured notes and loans payable
beginning of year $10,879,509 · end of year $20,961,254
-
27 · Net assets without donor restrictions
beginning of year $7,071,126 · end of year $12,803,481
-
28 · Net assets with donor restrictions
beginning of year $3,849,712 · end of year $7,891,244
Mission and programs · 2025
Mission
OBTAINING FUNDS TO SUPPORT CHICAGO NEIGHBORHOOD INITIATIVES, INC, LAWNDALE CHRISTIAN DEVELOPMENT CORPORATION, SOUTHWEST ORGANIZING PROJECT, THE RESURRECTION PROJECT, HOPE CENTER FOUNDATION, AND UNITED POWER IN THEIR MISSIONS TO BUILDING OR REHABILITATING AFFORDABLE HOMES AT SCALE FOR SALE TO LOW AND MODERATE-INCOME FAMILIES IN NEIGHBORHOODS ON THE SOUTH AND WEST SIDES OF CHICAGO.
Activities or mission (Part I)
SEE SCHEDULE O FOR COMPLETE MISSION STATEMENT. OBTAINING FUNDS TO SUPPORT CHICAGO NEIGHBORHOOD INITIATIVES, INC, LAWNDALE CHRISTIAN DEVELOPMENT CORPORATION, SOUTHWEST ORGANIZING PROJECT, THE RESURRECTION PROJECT, HOPE CENTER FOUNDATION, AND UNITED POWER IN THEIR MISSIONS TO BUILDING OR REHABILITATING AFFORDABLE HOMES AT SCALE FOR SALE TO LOW AND MODERATE-INCOME FAMILIES IN NEIGHBORHOODS ON THE SOUTH AND WEST SIDES OF CHICAGO.
-
OBTAINING FUNDS TO SUPPORT CHICAGO NEIGHBORHOOD INITIATIVES, INC, LAWNDALE CHRISTIAN DEVELOPMENT CORPORATION, SOUTHWEST ORGANIZING PROJECT, THE RESURRECTION PROJECT, HOPE CENTER FOUNDATION, AND UNITED POWER IN THEIR MISSIONS TO BUILDING OR REHABILITATING AFFORDABLE HOMES AT SCALE FOR SALE TO LOW AND MODERATE-INCOME FAMILIES IN NEIGHBORHOODS ON THE SOUTH AND WEST SIDES OF CHICAGO.
Expenses $1,118,174 · Revenue $10,282,200
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Nicholas BrunickNICHOLAS BRUNICK
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Shenita MuseSHENITA MUSE
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Shangwe ParkerSHANGWE PARKER
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Guacolda ReyesGUACOLDA REYES
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Jeff BartowJEFF BARTOW
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Pastor James BrooksPASTOR JAMES BROOKS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Lizette CarreteroLIZETTE CARRETERO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Imelda SalazarIMELDA SALAZAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Kevin SuttonKEVIN SUTTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Annette WashingtonANNETTE WASHINGTON
DIRECTOR THROUGH JUNE 2025
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
CHICAGO NEIGHBORHOOD INITIATIVES INC
501(C)(3) · GENERATING ECONOMIC DEVELOPMENT · IL
-
LAWNDALE CHRISTIAN DEVELOPMENT CORPORATION
501(C)(3) · REAL ESTATE DEVELOPMENT · IL
-
501(C)(3) · EDUCATION AND LEADERSHIP DEVELOPMENT · IL
-
501(C)(3) · REAL ESTATE · IL
-
UNITED POWER FOR ACTION AND JUSTICE INC
501(C)(3) · SOCIAL JUSTICE, COMMON GOOD, AND HOUSING ADVOCACY · IL
-
501(C)(3) · ECONOMIC EMPOWERMENT · IL
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 27 August 2026
- IRS schema version
- 2025v4.2
- Source object
- 202612399349301531
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