Skip to content
Nonprofiteer
← COMMUNITY AND ECONOMIC DEVELOPMENT ASSOCIATION OF COOK COUNTY INC

Form 990 for tax year 2022

Filed by COMMUNITY AND ECONOMIC DEVELOPMENT ASSOCIATION OF COOK COUNTY INC.

Totals

Total revenue
$262,484,018
Total expenses
$258,009,702
Contributions and grants received
$259,928,376
Grants paid
$195,849,497
Program service revenue
$2,471,133
Investment income
$8,897
Other revenue
$75,612
Total assets, end of year
$41,180,005
Total liabilities, end of year
$24,796,248
Net assets or fund balances, end of year
$16,383,757
Program services expenses (Part IX)
$253,523,557
Management and general expenses
$4,486,145
Fundraising expenses
$0
Program service expenses (Part III)
$253,523,557

Program services were 98.3% 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.

  • 1e · Government grants (contributions)

    $250,554,334

  • 1f · All other contributions, gifts and grants

    $9,374,042

  • 2a · Program service revenue: ENERGY CONSERVATION

    total $1,847,950 · related or exempt $1,847,950

  • 2b · Program service revenue: ENERGY SERVICES

    total $557,601 · related or exempt $557,601

  • 2c · Program service revenue: COMMUNITY DEVELOPMENT

    total $62,372 · related or exempt $62,372

  • 2d · Program service revenue: MORTGAGE COUNSELING

    total $3,210 · related or exempt $3,210

  • 3 · Investment income

    total $8,897 · excluded $8,897

  • 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

  • 11d · All other revenue

    total $3,612 · excluded $3,612

  • 11e · Other revenue, total

    $3,612

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $195,849,497 · program services $195,849,497

  • 5 · Compensation of officers, directors and key employees

    total $894,533 · management and general $894,533

  • 7 · Other salaries and wages

    total $20,308,248 · program services $18,464,108 · management and general $1,844,140

  • 8 · Pension plan contributions

    total $359,678 · program services $341,598 · management and general $18,080

  • 9 · Other employee benefits

    total $3,256,483 · program services $2,984,966 · management and general $271,517

  • 10 · Payroll taxes

    total $1,641,959 · program services $1,448,420 · management and general $193,539

  • 11b · Fees: legal

    total $96,915 · management and general $96,915

  • 11c · Fees: accounting

    total $172,947 · program services $115,677 · management and general $57,270

  • 11g · Fees: other

    total $17,029,070 · program services $16,909,711 · management and general $119,359

  • 12 · Advertising and promotion

    total $350,053 · program services $349,668 · management and general $385

  • 13 · Office expenses

    total $1,380,093 · program services $1,206,362 · management and general $173,731

  • 16 · Occupancy

    total $2,240,942 · program services $2,081,321 · management and general $159,621

  • 17 · Travel

    total $326,512 · program services $293,740 · management and general $32,772

  • 22 · Depreciation, depletion and amortization

    total $876,885 · program services $732,048 · management and general $144,837

  • 23 · Insurance

    total $342,322 · program services $314,234 · management and general $28,088

  • 24a · Other expenses: SUPPLIES - DIRECT PROGR

    total $10,063,597 · program services $10,049,524 · management and general $14,073

  • 24b · Other expenses: CONTRACT STAFF

    total $1,070,430 · program services $1,004,645 · management and general $65,785

  • 24c · Other expenses: EQUIPMENT & EQUIP RENTA

    total $1,014,161 · program services $933,245 · management and general $80,916

  • 24d · Other expenses: STAFF PROFESSIONAL DEVE

    total $253,390 · program services $208,675 · management and general $44,715

  • 24e · All other expenses

    total $481,987 · program services $236,118 · management and general $245,869

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $9,163,582 · end of year $16,648,546

  • 3 · Pledges and grants receivable

    beginning of year $43,213,458 · end of year $16,028,787

  • 4 · Accounts receivable

    beginning of year $29,190 · end of year $4,449

  • 7 · Other notes and loans receivable

    beginning of year $3,300 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $121,047 · end of year $365,855

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

    $12,090,302

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

    $7,380,237

  • 10c · Land, buildings and equipment, net

    beginning of year $3,946,753 · end of year $4,710,065

  • 15 · Other assets

    beginning of year $153,699 · end of year $3,422,303

  • 17 · Accounts payable and accrued expenses

    beginning of year $41,866,624 · end of year $15,530,572

  • 19 · Deferred revenue

    beginning of year $1,115,252 · end of year $4,810,507

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $3,683,164

  • 24 · Unsecured notes and loans payable

    beginning of year $1,551,712 · end of year $190,000

  • 25 · Other liabilities

    beginning of year $188,000 · end of year $582,005

  • 27 · Net assets without donor restrictions

    beginning of year $11,513,288 · end of year $16,087,604

  • 28 · Net assets with donor restrictions

    beginning of year $396,153 · end of year $296,153

Mission and programs · 2022

Mission

CEDA IS A COUNTY-WIDE COMMUNITY DEVELOPMENT AGENCY THAT PROVIDES ECONOMIC DEVELOPMENT AND HUMAN SERVICES THAT ADDRESS THE NEEDS OF SUBURBAN COOK COUNTY AND CHICAGO RESIDENTS WORKING IN PARTNERSHIP WITH BUSINESS AND GOVERNMENT. CEDA OFFERS EDUCATION, ADVOCACY AND DIRECT SERVICES.

Activities or mission (Part I)

CEDA'S MISSION IS TO WORK IN PARTNERSHIP WITH COMMUNITIES TO EMPOWER FAMILIES AND INDIVIDUALS TO ACHIEVE SELF-SUFFICIENCY AND IMPROVE THEIR QUALITY OF LIFE.

  • ENERGY SERVICES ASSISTS ELIGIBLE APPLICANTS IN REDUCING HOME HEATING AND COOLING COSTS. A MONETARY BENEFIT TOWARDS ENERGY BILLS IS PROVIDED ON BEHALF OF THE APPLICANT. COUNSELING, OUTREACH, INFORMATION AND REFERRALS TO OTHER ENERGY RELATED PROGRAMS ARE ALSO PROVIDED.

    Expenses $209,426,939 · Grants $193,557,316 · Revenue $460,001

  • ENERGY CONSERVATION OFFERS WEATHERIZATION AND REHABILITATION TO ELIGIBLE, LOW INCOME HOUSEHOLDS. THE PROCESS ENTAILS ASSESSING THE HOME, EVALUATING ITS ENERGY EFFICIENCY THROUGH SOPHISTICATED TESTING, AND THEN DEVELOPING A WORK ORDER TO CORRECT DEFICIENCIES.

    Expenses $27,081,693 · Revenue $2,007,922

  • HEALTH AND NUTRITION: SEVERAL PROGRAMS THAT AIM TO IMPROVE THE HEALTH STATUES OF HIGH RISK WOMEN, INFANTS AND CHILDREN BY PROVIDING NUTRITION EDUCATION, COMPREHENSIVE AND INTENSIVE CASE MANAGEMENT SERVICES TO YOUNG TEEN PARENTS AND THEIR CHILDREN; ENSURE THAT THE TEEN PARENT OBTAINS HIS/HER HIGH SCHOOL DIPLOMA AND ASSIST FAMILIES TO HELP THEMSELVES BECOME MORE SELF-SUFFICIENT, COMPETENT AND FEEL EMPOWERED.

    Expenses $9,886,558

  • COMMUNITY DEVELOPMENT AND FAMILY SERVICES

    Expenses $4,928,408 · Grants $1,043,608

  • COMMUNITY HOUSING MORTGAGE COUNSELING

    Expenses $1,592,074 · Grants $1,071,300 · Revenue $3,210

  • ROBIN HOOD AND CENSUS

    Expenses $607,885 · Grants $177,273

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Ronald Bean

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    2

  • Richard Monocchio

    VICE CHAIR (THRU 06/23)

    Total calculated
    $0
    Hours/week
    2

  • Lisa Anthony

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Herb Porter

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Eric Slaughter

    TREASURER/VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Hon Vernard Alsberry

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Harold Barr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Lee Berger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Sarah Flax

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Xochitl Flores

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Cherylette Hilton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Larsenia Horton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Darnell Johnson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Dr Amaka Nweke

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Sabah Saqqar

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Cynthia Travis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jessica Watkins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Harold Rice

    PRESIDENT/CEO

    Total calculated
    $299,222
    From this org
    $266,377
    From related orgs
    $0
    Other
    $32,845
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $261,433
    Bonus
    $0
    Other
    $4,944
    Deferred
    $8,050
    Nontaxable benefits
    $24,795
    Filer's total
    $299,222

  • Glen Ofenloch

    CHIEF FINANCIAL OFFICER

    Total calculated
    $264,593
    From this org
    $255,349
    From related orgs
    $0
    Other
    $9,244
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $254,317
    Bonus
    $0
    Other
    $1,032
    Deferred
    $7,382
    Nontaxable benefits
    $1,862
    Filer's total
    $264,593

  • Erin Dowland Kabwe

    CHIEF DEV. OFFICER (THRU 08/2022)

    Total calculated
    $108,751
    From this org
    $98,750
    From related orgs
    $0
    Other
    $10,001
    Hours/week
    40

  • John Pady

    CHIEF EXP/PROGRAM OFFICER

    Total calculated
    $185,021
    From this org
    $168,090
    From related orgs
    $0
    Other
    $16,931
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $167,730
    Bonus
    $0
    Other
    $360
    Deferred
    $2,856
    Nontaxable benefits
    $14,075
    Filer's total
    $185,021

  • Mona Jacobs

    CHIEF PROGRAM OFFICER (THRU 10/2022)

    Total calculated
    $48,968
    From this org
    $46,447
    From related orgs
    $0
    Other
    $2,521
    Hours/week
    40

  • Troy O'Quin

    VP PROGRAMS/PUBLIC POLICY

    Total calculated
    $0
    Hours/week
    40

  • Paul Lalonde

    VP HUMAN RESOURCES

    Total calculated
    $166,084
    From this org
    $141,472
    From related orgs
    $0
    Other
    $24,612
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $141,256
    Bonus
    $0
    Other
    $216
    Deferred
    $4,444
    Nontaxable benefits
    $20,168
    Filer's total
    $166,084

  • Lia Cruz

    ACCOUNTING DIRECTOR

    Total calculated
    $157,976
    From this org
    $152,049
    From related orgs
    $0
    Other
    $5,927
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $151,497
    Bonus
    $0
    Other
    $552
    Deferred
    $4,545
    Nontaxable benefits
    $1,382
    Filer's total
    $157,976

  • Margaret Saunders

    WIC PROGRAM DIRECTOR

    Total calculated
    $146,387
    From this org
    $128,776
    From related orgs
    $0
    Other
    $17,611
    Hours/week
    40

  • Latoya Butler

    ENERGY SERVICES PROGRAM DIRECTOR

    Total calculated
    $146,117
    From this org
    $140,980
    From related orgs
    $0
    Other
    $5,137
    Hours/week
    40

  • Rajeev Kumar

    VP TECH. AND INFORMATION

    Total calculated
    $155,764
    From this org
    $149,902
    From related orgs
    $0
    Other
    $5,862
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $149,350
    Bonus
    $0
    Other
    $552
    Deferred
    $4,481
    Nontaxable benefits
    $1,381
    Filer's total
    $155,764

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
THE AGENCY PAID PERFORMANCE BONUSES TO LEADERSHIP STAFF.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

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 $74,520

    Directly controlled by CEDA

Provenance

Return type
form_990
Tax year
2022
Filed
13 March 2024
IRS schema version
2022v5.0
Source object
202410819349301401

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.