Form 990 for tax year 2023
Filed by CHICAGO URBAN LEAGUE DEVELOPMENT CORPORATION.
Totals
- Total revenue
- $855,861
- Total expenses
- $554,886
- Contributions and grants received
- $853,111
- Grants paid
- $2,260
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $2,750
- Total assets, end of year
- $2,850,409
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $2,850,409
- Program services expenses (Part IX)
- $554,886
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $554,886
Program services were 100.0% 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)
$411,111
-
1f · All other contributions, gifts and grants
$442,000
-
3 · Investment income
total $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: OTHER INCOME
total $2,750 · excluded $2,750
-
11e · Other revenue, total
$2,750
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $2,260 · program services $2,260
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $400,744 · program services $400,744
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $38,362 · program services $38,362
-
10 · Payroll taxes
total $28,391 · program services $28,391
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $9,640 · program services $9,640
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $1,600 · program services $1,600
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $10,059 · program services $10,059
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $31,606 · program services $31,606
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $5,486 · program services $5,486
-
24a · Other expenses: SUPPLIES
total $16,973 · program services $16,973
-
24b · Other expenses: TELECOMMUNICATIONS
total $3,285 · program services $3,285
-
24c · Other expenses: TRANSPORTATION
total $2,310 · program services $2,310
-
24d · Other expenses: Printing and Publications
total $1,464 · program services $1,464
-
24e · All other expenses
total $2,706 · program services $2,706
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $26,970 · end of year $0
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $2,522,464 · end of year $2,850,409
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
27 · Net assets without donor restrictions
beginning of year $2,549,434 · end of year $2,825,909
-
28 · Net assets with donor restrictions
end of year $24,500
Mission and programs · 2023
Mission
TO PROMOTE SELF-SUPPORTING COMMUNITY DEVELOPMENT PROJECTS.
-
CULDC HOUSING AND FINANCIAL EMPOWERMENT CENTER - THE CHICAGO URBAN LEAGUE DEVELOPMENT CORPORATION IS A HUD-CERTIFIED COUNSELING AGENCY AS WELL AS A CITY OF CHICAGO DEPARTMENT OF HOUSING DELEGATE AGENCY. WE PROVIDE LOW-TO MODERATE-INCOME RESIDENTS WITH PROFESSIONAL HOUSING COUNSELING ASSISTANCE. THROUGH OUR SERVICES, PROSPECTIVE FIRST TIME HOMEBUYERS CAN ACCESS INCENTIVE PROGRAMS, NEW AND EXISTING MORTGAGE LOAN PRODUCTS. ALSO HOMEOWNERS CAN LEARN THE RESPONSIBILITIES ASSOCIATED WITH HOMEOWNERSHIP, AND CAN SAVE THEIR HOMES FROM FORECLOSURE, THROUGH COUNSELING AND INTERVENTIONS.
Expenses $554,886 · Grants $2,260
As filed on the 2023 return.
Listed in Part VII
-
Esther FranklinESTHER FRANKLIN
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Maria C GreenMARIA C GREEN
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Andre P HughesANDRE P HUGHES
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Dr Suzet McKinneyDR SUZET MCKINNEY
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
James ReynoldsJAMES REYNOLDS
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Karen Freeman-WilsonKAREN FREEMAN-WILSON
President & CEO
- Total calculated
- $0
- Hours/week
- 40
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.
-
501(C)3 · CIVIL RIGHTS AND HUMAN SERVICES ORG · IL
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202531339349304778
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