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Nonprofiteer
← CHICAGO COMMUNITY LOAN FUND

Form 990 for tax year 2025

Filed by CHICAGO COMMUNITY LOAN FUND.

Totals

Total revenue
$32,746,458
Total expenses
$23,405,622
Contributions and grants received
$21,694,362
Grants paid
$0
Program service revenue
$9,513,534
Investment income
$1,538,562
Other revenue
$0
Total assets, end of year
$216,002,353
Total liabilities, end of year
$145,537,826
Net assets or fund balances, end of year
$70,464,527
Program services expenses (Part IX)
$20,387,860
Management and general expenses
$2,670,607
Fundraising expenses
$347,155
Program service expenses (Part III)
$20,387,860

Program services were 87.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • ERIK HALL

    CHAIR

    Total calculated
    $0
    Hours/week
    0.29
  • JOHN TUOHY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.33
  • KATHY THOLIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.29
  • MARK SPEARS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.54
  • MATTHEW REILEIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.17
  • ERIC PHILLIPS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.14
  • ANGELA HURLOCK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.21
  • EDWARD HOYNES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.15
  • RICHARD GUZMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.29
  • JENNIFER GUZMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.19
  • STEPHANIE GREEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.53
  • ANDREW HUGGER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.54
  • DR AMARA ENYIA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.21
  • TERRENCE JOHNSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.08
  • CHARLES WALLS

    TREASURER

    Total calculated
    $0
    Hours/week
    0.37
  • AILISA HERRERA

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.58
  • PATRICIA MCCREARY CANNON

    ASSISTANT SECRETARY

    Total calculated
    $0
    Hours/week
    0.53
  • SONYA MALUNDA

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.35
  • JODY ADLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.29
  • JEFF ALLEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.46
  • MOHAMMED ELAHI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.29
  • KEVIN GOLDSMITH

    ASSISTANT SECRETARY

    Total calculated
    $0
    Hours/week
    0.27
  • THOMAS FITZGIBBON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.37
  • ANGELA DOWELL

    CHIEF FINANCIAL & ADMINISTRATIVE OFFICER

    Total calculated
    $313,976
    From this org
    $273,833
    From related orgs
    $0
    Other
    $40,143
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $236,839
    Bonus
    $36,994
    Other
    $0
    Deferred
    $15,312
    Nontaxable benefits
    $24,831
    Filer's total
    $313,976
  • ROBERT TUCKER

    PRESIDENT

    Total calculated
    $405,969
    From this org
    $362,146
    From related orgs
    $0
    Other
    $43,823
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $313,324
    Bonus
    $48,822
    Other
    $0
    Deferred
    $20,144
    Nontaxable benefits
    $23,679
    Filer's total
    $405,969
  • CALVIN HOLMES

    PRESIDENT UNTIL JANUARY 2025

    Total calculated
    $1,040,297
    From this org
    $1,040,249
    From related orgs
    $0
    Other
    $48
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $1,040,249
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $48
    Filer's total
    $1,040,297
  • ROBIN SCHABES

    OPPORTUNITY ZONES CONSORTI

    Total calculated
    $200,667
    From this org
    $173,002
    From related orgs
    $0
    Other
    $27,665
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $150,268
    Bonus
    $22,734
    Other
    $0
    Deferred
    $10,340
    Nontaxable benefits
    $17,325
    Filer's total
    $200,667
  • MAURICE WILLIAMS

    VP ECON. DEVELOPMENT

    Total calculated
    $210,749
    From this org
    $171,522
    From related orgs
    $0
    Other
    $39,227
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $171,522
    Bonus
    $0
    Other
    $0
    Deferred
    $10,799
    Nontaxable benefits
    $28,428
    Filer's total
    $210,749
  • JUAN CALIXTO

    EVP OF EXT. RELATIONS

    Total calculated
    $257,623
    From this org
    $216,596
    From related orgs
    $0
    Other
    $41,027
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $188,747
    Bonus
    $27,849
    Other
    $0
    Deferred
    $12,349
    Nontaxable benefits
    $28,678
    Filer's total
    $257,623
  • WENDELL HARRIS

    EVP LENDING OPERATIONS

    Total calculated
    $269,830
    From this org
    $239,739
    From related orgs
    $0
    Other
    $30,091
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $211,964
    Bonus
    $27,775
    Other
    $0
    Deferred
    $12,716
    Nontaxable benefits
    $17,375
    Filer's total
    $269,830
  • LYCRECIA PARKS

    CHIEF RISK OFFICER & VP PO

    Total calculated
    $284,596
    From this org
    $254,414
    From related orgs
    $0
    Other
    $30,182
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $224,688
    Bonus
    $29,726
    Other
    $0
    Deferred
    $13,611
    Nontaxable benefits
    $16,571
    Filer's total
    $284,596

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 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

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.

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.

  • CCLF NMTC NFP

    FACILITATE DISTRIBUTIONS TO QUALIFIED EXEMPT ORGANIZATIONS · IL · income $0 · assets $0

    Directly controlled by CHICAGO COMMUNITY LOAN FUND

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • CCLF SUB-CDE 5 LLC

    RELATED · COMMUNITY DEVELOPMENT PROJECT LOANS · IL · 0.01% owned · share of assets $454 · general or managing partner

    Directly controlled by CHICAGO COMMUNITY LOAN FUND

Provenance

Return type
form_990
Tax year
2025
IRS schema version
2025v4.2
Source object
202602249349302150

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