FAR SOUTH CDC

As filed

Subsection

03

NTEE code

S31Z

Classification

1200

Street

853 W 115TH ST

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2025

• Far South CDC's strives to facilitate and foster quality retail businesses that will meet the needs of the community; through planning and collaboration with private developers, governmental entities and other stake-holders, new industrial uses, and new rehabilitated commercial and residential real estate developments that will create jobs and improve the quality of life for all people who live and work in its service area.In 2022, Far South CDC started to move from business development and housing programs to redevelopment of land and abandoned properties to create affordable housing and access to affordable retail spaces for developing enterprises. The Halsted Street Mall footprint at the corner of 115th Street and Halsted has been in planning and demo for the last three (3) years with Far South CDC developing the land to include affordable housing and retail space.

  Expenses $1,992,018 · Revenue $5,074,175

As filed on the 2025 return.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2025

  Revenue

  $5,074,175

  Expenses

  $3,596,934

  Contributions

  $4,550,426

  Grants paid

  $0

• 2024

  Revenue

  $5,082,779

  Expenses

  $4,508,395

  Contributions

  $4,789,898

  Grants paid

  $0

• 2024

  Revenue

  $4,803,263

  Expenses

  $3,236,035

  Contributions

  $4,510,382

  Grants paid

  $0

• 2023

  Revenue

  $2,749,870

  Expenses

  $3,210,799

  Contributions

  $2,778,943

  Grants paid

  $0

• 2023

  Revenue

  $0

  Expenses

  $13,313

  Contributions

  $0

  Grants paid

  $0

• 2022

  Revenue

  $0

  Expenses

  $13,382

  Contributions

  $0

  Grants paid

  $0

• 2022

  Revenue

  $3,221,500

  Expenses

  $3,488,681

  Contributions

  $3,165,186

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $2,694,787

  Expenses

  $2,032,945

  Assets (EOY)

  $4,303,074

• 2020 · 990

  Revenue

  $1,691,162

  Expenses

  $1,461,971

  Assets (EOY)

  $3,530,156

• 2020 · 990

  Revenue

  $0

  Expenses

  $6,086

  Assets (EOY)

  $2,486,491

• 2019 · 990

  Revenue

  $1,748,745

  Expenses

  $1,596,084

  Assets (EOY)

  $3,169,383

• 2018 · 990

  Revenue

  $1,373,199

  Expenses

  $1,421,274

  Assets (EOY)

  $2,753,136

• 2010 · 990

  Revenue

  — not reported

  Expenses

  $464,262

  Assets (EOY)

  $696,461

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• THE CHICAGO COMMUNITY TRUST

  $500,000

  2023 · General support for programs, operations and other charitable purposes

• THE CHICAGO COMMUNITY TRUST

  $100,000

  2022 · Supporting General Operations of neighborhood organization that facilitates and promotes neighborhood investment work in their community, from the Searle funds at The Chicago Community Trust.

• THE CHICAGO COMMUNITY TRUST

  $100,000

  2024 · General support for programs, operations and other charitable purposes

• HABITAT FOR HUMANITY CHICAGO

  $85,000

  2023 · Homeownership Financing Solutions

• CENTER FOR NEIGHBORHOOD TECHNOLOGY

  $31,000

  2024 · PARTICIPATION IN STELLAR EV WORKING GROUP TRAININGS, PARTICIPATION IN CMAP CARE PROGRAM, BUS RAPID TRANSIT ENGAGEMENT WORK

• WOMENS BUSINESS DEVELOPMENT CENTER

  $15,000

  2022 · SMALL BUSINESS ASSISTANCE GRANTS

• LOCAL INITIATIVES SUPPORT CORPORATION

  $15,000

  2024 · SEE PART IV

• CHARITIES AID FOUNDATION AMERICA

  $10,250

  2024 · CHARITABLE DONATION

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files