- Revenue 2024
- $8,680
- Expenses 2024
- $120,170
Program services were 95.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- T30
- Classification
- 1200
- Street
- 6800 FRANCE AVE S STE 610
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 · 2024
Mission
INCREASING HOMEOWNSHIP AND GENERATIONAL WEALTH FOR PEOPLE OF COLOR THROUGH EDUCATION, INVESTING IN PEOPLE, FINANCIAL ASSISTANCE AND COMMUNITY REINVESTMENT.
Activities or mission (Part I)
TO EMPOWER COMMUNITIES OF COLOR BY INCREASING HOMEOWNERSHIP, BUILDING GENERATIONAL WEALTH, AND FOSTERING ECONOMIC EQUITY THROUGH EDUCATION, FINANCIAL ASSISTANCE, AND COMMUNITY REINVESTMENT.
-
THE GOAL OF THE FOUNDATION IS TO BRING AWARENESS TO INEQUITIES IN REAL ESTATE. THE FOUNDATION IS HELPING BACK THE SHORT SERIES "SHAME OF CHICAGO", WHICH GOES OVER THE HISTORICAL SEGREGATION IN CHICAGO AND HOW OTHER CITIES COPIED THEIR TACTICS.
Expenses $115,000 · Grants $115,000
As filed on the 2024 return.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Fabian GayossoFABIAN GAYOSSO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2.5
-
April AlexanderAPRIL ALEXANDER
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 2.5
-
Gretchen RosenbergGRETCHEN ROSENBERG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2.5
-
Teresa Palacios SmithTERESA PALACIOS SMITH
VICE CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 2.5
-
Cory AbrahamsonCORY ABRAHAMSON
TREASURER
- Total calculated
- $0
- Hours/week
- 2.5
-
Herb CohnHERB COHN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2.5
-
Ashoo SharmaASHOO SHARMA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2.5
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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $8,680
- Expenses
- $120,170
- Contributions
- $8,680
- Grants paid
- $115,000
-
2023
- Revenue
- $230,609
- Expenses
- $20,701
- Contributions
- $230,609
- Grants paid
- $16,000
-
2022
- Revenue
- $217,724
- Expenses
- $151,049
- Contributions
- $217,724
- Grants paid
- $150,582
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.
Grants made
-
SHAME OF CHICAGO
$100,000
2022 CHARITABLE
-
$50,000
2024 CHARITABLE
-
$50,000
2024 CHARITABLE
-
$15,000
2024 CHARITABLE
-
$10,000
2023 CHARITABLE
-
JOHNBER MULTIMEDIA INC
$6,000
2023 CHARITABLE
Grants received
No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.