Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $203,186,925

• 1f · All other contributions, gifts and grants

  $9,474,709

• 2a · Program service revenue: ENERGY CONSERVATION

  total $1,155,630 · related or exempt $1,155,630

• 2b · Program service revenue: ENERGY SERVICES

  total $661,610 · related or exempt $661,610

• 2c · Program service revenue: MORTGAGE COUNSELING

  total $35,605 · related or exempt $35,605

• 3 · Investment income

  total $179,914 · excluded $179,914

• 6a · Gross rents

  real property $72,000

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $72,000

• 6d · Net rental income or loss

  total $72,000 · excluded $72,000

• 7a · Gross sales of assets other than inventory

  other assets $413,232

• 7b · Less cost or other basis and sales expenses

  other assets $597

• 7c · Gain or loss

  other assets $412,635

• 7d · Net gain or loss

  total $412,635 · excluded $412,635

• 11d · All other revenue

  total $778 · excluded $778

• 11e · Other revenue, total

  $778

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $140,618,673 · program services $140,618,673

• 5 · Compensation of officers, directors and key employees

  total $879,134 · management and general $879,134

• 7 · Other salaries and wages

  total $22,645,789 · program services $20,426,796 · management and general $2,218,993

• 8 · Pension plan contributions

  total $416,590 · program services $342,984 · management and general $73,606

• 9 · Other employee benefits

  total $3,657,905 · program services $3,318,554 · management and general $339,351

• 10 · Payroll taxes

  total $1,934,514 · program services $1,698,895 · management and general $235,619

• 11b · Fees: legal

  total $161,064 · management and general $161,064

• 11c · Fees: accounting

  total $183,200 · program services $110,934 · management and general $72,266

• 11g · Fees: other

  total $22,296,183 · program services $22,101,924 · management and general $194,259

• 12 · Advertising and promotion

  total $339,230 · program services $339,230

• 13 · Office expenses

  total $1,195,838 · program services $1,056,907 · management and general $138,931

• 16 · Occupancy

  total $2,351,438 · program services $2,186,186 · management and general $165,252

• 17 · Travel

  total $340,343 · program services $302,923 · management and general $37,420

• 22 · Depreciation, depletion and amortization

  total $959,995 · program services $813,500 · management and general $146,495

• 23 · Insurance

  total $391,744 · program services $360,444 · management and general $31,300

• 24a · Other expenses: SUPPLIES - DIRECT PROGR

  total $12,204,487 · program services $12,184,865 · management and general $19,622

• 24b · Other expenses: EQUIPMENT & EQUIP RENTA

  total $844,235 · program services $773,220 · management and general $71,015

• 24c · Other expenses: CONTRACT STAFF

  total $463,919 · program services $440,894 · management and general $23,025

• 24d · Other expenses: STAFF PROFESSIONAL DEVE

  total $401,334 · program services $332,070 · management and general $69,264

• 24e · All other expenses

  total $564,889 · program services $235,937 · management and general $328,952

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $16,648,546 · end of year $20,880,407

• 3 · Pledges and grants receivable

  beginning of year $16,028,787 · end of year $22,114,645

• 4 · Accounts receivable

  beginning of year $4,449 · end of year $87,969

• 9 · Prepaid expenses and deferred charges

  beginning of year $365,855 · end of year $656,448

• 10a · Land, buildings and equipment: cost or other basis

  $10,841,292

• 10b · Land, buildings and equipment: accumulated depreciation

  $6,070,572

• 10c · Land, buildings and equipment, net

  beginning of year $4,710,065 · end of year $4,770,720

• 15 · Other assets

  beginning of year $3,422,303 · end of year $11,924,354

• 17 · Accounts payable and accrued expenses

  beginning of year $15,530,572 · end of year $25,103,054

• 19 · Deferred revenue

  beginning of year $4,810,507 · end of year $3,963,768

• 24 · Unsecured notes and loans payable

  beginning of year $190,000 · end of year $190,000

• 25 · Other liabilities

  beginning of year $4,265,169 · end of year $12,464,662

• 27 · Net assets without donor restrictions

  beginning of year $16,087,604 · end of year $18,713,059

• 28 · Net assets with donor restrictions

  beginning of year $296,153 · end of year $0

The filer's explanations (Part III)

PART I, LINE 7

THE AGENCY PAID PERFORMANCE BONUSES TO LEADERSHIP STAFF.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• AFFORDABLE HOUSING OPTIONS LLC

  HOUSING REDEVELOPMENT · IL · income $0 · assets $881,944

  Directly controlled by CEDA