Totals
- Total revenue
- $1,279,244
- Total expenses
- $1,280,630
- Contributions and grants received
- $1,067,661
- Grants paid
- $0
- Program service revenue
- $40,797
- Investment income
- $166,311
- Other revenue
- $4,475
- Total assets, end of year
- $9,826,658
- Total liabilities, end of year
- $557,179
- Net assets or fund balances, end of year
- $9,269,479
- Program services expenses (Part IX)
- $828,542
- Management and general expenses
- $232,536
- Fundraising expenses
- $219,552
- Program service expenses (Part III)
- $828,542
Program services were 64.7% 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)
$23,856
-
1f · All other contributions, gifts and grants
$1,043,805
-
2a · Program service revenue: LOAN FEES
total $40,797 · related or exempt $40,797
-
3 · Investment income
total $166,311 · excluded $166,311
-
11a · Other revenue: INVESTMENT IN AFFILIAT
total $4,475 · excluded $4,475
-
11e · Other revenue, total
$4,475
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $444,285 · program services $266,571 · management and general $111,071 · fundraising $66,643
-
9 · Other employee benefits
total $69,780 · program services $41,868 · management and general $17,445 · fundraising $10,467
-
10 · Payroll taxes
total $36,447 · program services $21,868 · management and general $9,112 · fundraising $5,467
-
11b · Fees: legal
total $9,987 · program services $1,708 · management and general $8,279
-
11c · Fees: accounting
total $29,300 · management and general $29,300
-
11g · Fees: other
total $147,600 · program services $147,600
-
12 · Advertising and promotion
total $39,320 · fundraising $39,320
-
13 · Office expenses
total $31,754 · program services $390 · management and general $31,266 · fundraising $98
-
14 · Information technology
total $13,198 · program services $7,919 · management and general $3,299 · fundraising $1,980
-
16 · Occupancy
total $12,286 · program services $5,406 · fundraising $6,880
-
17 · Travel
total $22,674 · program services $13,604 · management and general $5,669 · fundraising $3,401
-
20 · Interest
total $12,288 · program services $12,288
-
22 · Depreciation, depletion and amortization
total $2,688 · program services $2,688
-
23 · Insurance
total $13,936 · management and general $13,936
-
24a · Other expenses: LOAN LOSS PROVISION
total $190,963 · program services $190,963
-
24b · Other expenses: GRANT EXPENSE
total $105,000 · program services $105,000
-
24c · Other expenses: CONSULTING
total $83,400 · fundraising $83,400
-
24d · Other expenses: TELEPHONE
total $12,637 · program services $7,582 · management and general $3,159 · fundraising $1,896
-
24e · All other expenses
total $3,087 · program services $3,087
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $913,186 · end of year $88,730
-
2 · Savings and temporary cash investments
beginning of year $6,874,423 · end of year $345,614
-
3 · Pledges and grants receivable
beginning of year $86,113 · end of year $28,856
-
7 · Other notes and loans receivable
beginning of year $2,077,415 · end of year $2,182,569
-
9 · Prepaid expenses and deferred charges
beginning of year $3,450 · end of year $21,112
-
10a · Land, buildings and equipment: cost or other basis
$36,198
-
10b · Land, buildings and equipment: accumulated depreciation
$34,735
-
10c · Land, buildings and equipment, net
beginning of year $3,208 · end of year $1,463
-
12 · Investments: other securities
beginning of year $154,285 · end of year $154,285
-
13 · Investments: program-related
end of year $6,884,575
-
15 · Other assets
beginning of year $7,694 · end of year $119,454
-
17 · Accounts payable and accrued expenses
beginning of year $35,975 · end of year $54,879
-
23 · Secured mortgages and notes payable
beginning of year $723,055 · end of year $500,000
-
25 · Other liabilities
beginning of year $89,879 · end of year $2,300
-
27 · Net assets without donor restrictions
beginning of year $5,229,357 · end of year $6,314,796
-
28 · Net assets with donor restrictions
beginning of year $4,041,508 · end of year $2,954,683
Mission and programs · 2022
Mission
GREENWOOD ARCHER CAPITAL DEPLOYS FUNDS TO MICRO AND SMALL BUSINESSES THROUGHOUT THE CHICAGOLAND AREA AND GREATER COOK COUNTY ILLINOIS.
-
GREENWOOD ARCHER CAPITAL DEPLOYS FUNDS TO MICRO AND SMALL BUSINESSES THROUGHOUT THE CHICAGOLAND AREA AND GREATER COOK COUNTY ILLINOIS.
Expenses $672,295 · Revenue $1,279,244
-
THE PERC PROGRAM PROVIDES RECENTLY INCARCERATED CITIZENS WITH IN-DEPTH TRAINING, PERSONEL COACHING, MENTORING AND ACCESS TO LENDING CAPITAL UP TO $50,000 TO START OR EXPAND A BUSINESS.
Expenses $156,247
As filed on the 2022 return.
Listed in Part VII
-
Eva BrownEVA BROWN
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Louis V Leonardi IIILOUIS V LEONARDI III
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Kimberlie JacksonKIMBERLIE JACKSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Diahann SinclairDIAHANN SINCLAIR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Larry ReedLARRY REED
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Amiel HarperAMIEL HARPER
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Amara EniyaAMARA ENIYA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David DoigDAVID DOIG
PRESIDENT
- Total calculated
- $304,935
- From this org
- $0
- From related orgs
- $284,731
- Other
- $20,204
- Hours/week
- 2 + 38 related
Schedule J breakdown matched by us
- Base
- $0 + $284,731 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $9,160 related
- Nontaxable benefits
- $0 + $20,204 related
- Filer's total
- $0 + $314,095 related
-
Annette WashingtonANNETTE WASHINGTON
VICE PRESIDENT OF FINANCE, CNI
- Total calculated
- $166,605
- From this org
- $0
- From related orgs
- $156,516
- Other
- $10,089
- Hours/week
- 2 + 38 related
Schedule J breakdown matched by us
- Base
- $0 + $156,516 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $7,215 related
- Nontaxable benefits
- $0 + $10,089 related
- Filer's total
- $0 + $173,820 related
-
Jennifer BransfieldJENNIFER BRANSFIELD
GENERAL COUNSEL, CNI
- Total calculated
- $270,830
- From this org
- $0
- From related orgs
- $229,767
- Other
- $41,063
- Hours/week
- 2 + 38 related
Schedule J breakdown matched by us
- Base
- $0 + $229,767 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $10,615 related
- Nontaxable benefits
- $0 + $30,448 related
- Filer's total
- $0 + $270,830 related
-
Erica McPhersonERICA MCPHERSON
FORMER EXECUTIVE DIRECTOR
- Total calculated
- $202,898
- From this org
- $0
- From related orgs
- $188,010
- Other
- $14,888
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0 + $188,010 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $14,888 related
- Filer's total
- $0 + $202,898 related
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
None.
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
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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.
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) · GENERATE ECONOMIC DEVELOPMENT · IL
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.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
CNI RETAIL LEVERAGE FUND LLC
RELATED · GENERATE ECONOMIC ACTIVITY · IL · 5% owned · share of income $1,519 · share of assets $138,639
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 29 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202400609349301410
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.