Civic Intelligence

Near North Development Corporation

EIN 36-2655083 • 501(c)3 • Chicago, IL

View Organization Page

Profile

To invest in people and property through the development, maintenance, and improvement of quality mixed-income housing and related supportive services for persons of very low and moderate income in the North Town area.

1251 N Clybourn AvenueChicago, IL 60610

near-north.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

65th percentile

0.18x

Higher debt load relative to assets than 65% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

0.65x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

65th percentile

13%

Higher net margin than 65% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

67th percentile

11%

Faster asset growth than 67% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

12th percentile

-23%

Faster revenue growth than 12% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$1,957,340

Up $148,519 (+8.2%) from 2023

Liabilities

Up

$349,364

Up $56,966 (+19%) from 2023

Net Assets

Up

$1,607,976

Up $91,553 (+6.0%) from 2023

Operations
Liabilities / Revenue84th percentileNet Margin65th percentile

Revenue

Down

$540,247

Down $52,333 (-8.8%) from 2023

Expenses

Down

$468,684

Down $37,792 (-7.5%) from 2023

Net Income

Down

$71,563

Down $14,541 (-17%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth67th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $46,645Liabilities 2010: $141,730Net Assets 2010: -$95,0852010Assets 2011: $6,352Liabilities 2011: $148,999Net Assets 2011: -$142,6472011Assets 2012: $44,770Liabilities 2012: $260,793Net Assets 2012: -$216,0232012Assets 2013: $949,824Liabilities 2013: $248,461Net Assets 2013: $701,3632013Assets 2014: $913,530Liabilities 2014: $316,971Net Assets 2014: $596,5592014Assets 2015: $2,030,575Liabilities 2015: $276,672Net Assets 2015: $1,753,9032015Assets 2016: $1,748,001Liabilities 2016: $107,816Net Assets 2016: $1,640,1852016Assets 2017: $1,819,319Liabilities 2017: $122,455Net Assets 2017: $1,696,8642017Assets 2018: $1,676,623Liabilities 2018: $143,653Net Assets 2018: $1,532,9702018Assets 2019: $1,684,122Liabilities 2019: $183,720Net Assets 2019: $1,500,4022019Assets 2020: $1,737,882Liabilities 2020: $195,938Net Assets 2020: $1,541,9442020Assets 2021: $1,816,677Liabilities 2021: $236,273Net Assets 2021: $1,580,4042021Assets 2022: $1,594,362Liabilities 2022: $236,533Net Assets 2022: $1,357,8292022Assets 2023: $1,808,821Liabilities 2023: $292,398Net Assets 2023: $1,516,4232023Assets 2024: $1,957,340Liabilities 2024: $349,364Net Assets 2024: $1,607,9762024

Highlighted filing

2024

Assets$1,957,340
Liabilities$349,364
Net Assets$1,607,976
Open 2024 Filing

Operations Trend

Revenue Growth12th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $556,7462010Expenses 2011: $513,5812011Expenses 2012: $537,0102012Revenue 2013: $1,470,311Expenses 2013: $592,843Net Income 2013: $877,4682013Revenue 2014: $495,251Expenses 2014: $600,055Net Income 2014: -$104,8042014Revenue 2015: $1,757,767Expenses 2015: $600,423Net Income 2015: $1,157,3442015Revenue 2016: $579,214Expenses 2016: $693,838Net Income 2016: -$114,6242016Revenue 2017: $611,801Expenses 2017: $644,673Net Income 2017: -$32,8722017Revenue 2018: $795,656Expenses 2018: $855,694Net Income 2018: -$60,0382018Revenue 2019: $977,909Expenses 2019: $1,159,869Net Income 2019: -$181,9602019Revenue 2020: $747,159Expenses 2020: $784,816Net Income 2020: -$37,6572020Revenue 2021: $998,063Expenses 2021: $964,376Net Income 2021: $33,6872021Revenue 2022: $918,712Expenses 2022: $906,627Net Income 2022: $12,0852022Revenue 2023: $592,580Expenses 2023: $506,476Net Income 2023: $86,1042023Revenue 2024: $540,247Expenses 2024: $468,684Net Income 2024: $71,5632024

Highlighted filing

2024

Revenue$540,247
Expenses$468,684
Net Income$71,563
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,957,340
Liabilities
$349,364
Net assets
$1,607,976
Revenue
$540,247
Expenses
$468,684
Net income
$71,563
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.96$0.35$1.61$0.54$0.47$0.07
2023Detailed filing. Detailed filing data is available for this year.$1.81$0.29$1.52$0.59$0.51$0.09
2022Detailed filing. Detailed filing data is available for this year.$1.59$0.24$1.36$0.92$0.91$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.82$0.24$1.58$1.00$0.96$0.03
2020Detailed filing. Detailed filing data is available for this year.$1.74$0.20$1.54$0.75$0.78$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.68$0.18$1.50$0.98$1.16$0.18
2018Detailed filing. Detailed filing data is available for this year.$1.68$0.14$1.53$0.80$0.86$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.82$0.12$1.70$0.61$0.64$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.75$0.11$1.64$0.58$0.69$0.11
2015Detailed filing. Detailed filing data is available for this year.$2.03$0.28$1.75$1.76$0.60$1.16
2014Detailed filing. Detailed filing data is available for this year.$0.91$0.32$0.60$0.50$0.60$0.10
2013Detailed filing. Detailed filing data is available for this year.$0.95$0.25$0.70$1.47$0.59$0.88
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.26$0.22$0.54
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.15$0.14$0.51
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.14$0.10$0.56
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 15, 2025
Return Version
2024v5.2
Gross Receipts
$540,247
Mission and Program Overview

Mission

To invest in people and property through the development, maintenance, and improvement of quality mixed-income housing and related supportive services for persons of very low and moderate income in the North Town area.

Affordable housing & community programs

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,260,539$1,284,448▲ $23,909
Accounts Receivable$145,452$316,704▲ $171,252
Savings and Temporary Cash Investments$330,985$305,246▼ $25,739
Cash and Non-Interest-Bearing Accounts$15,729$29,295▲ $13,566
Prepaid Expenses and Deferred Charges$8,021$19,881▲ $11,860
Pledges and Grants Receivable$47,545$1,216▼ $46,329
Investments Other Securities$550$550→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$1,808,821$1,957,340▲ $148,519
Liabilities
Accounts Payable and Accrued Expenses$279,898$336,864▲ $56,966
Other Liabilities$12,500$12,500→ $0
Total Liabilities$292,398$349,364▲ $56,966
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,516,423$1,607,976▲ $91,553
Total Net Assets Fund Balance$1,516,423$1,607,976▲ $91,553
Total Liabilities and Net Assets / Fund Balance$1,808,821$1,957,340▲ $148,519

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$49,106$49,106
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Kelvin M StrongExecutive DirectorFT$66,492$66,492

Board Members and Trustees

NameTitle
Makeda LondonPresident
Bernard McCuneDirector
Denice WilliamsDirector
Eva L GarrettDirector
Ivy EllisSecretary
Kandyce McCoy CunninghamTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$236,175
Program Service Revenue
$186,833
Investment Income
$114,289
Other Revenue
$2,950
Change in Net Assets
$71,563

Audited Revenue Reconciliation

Revenue per Audited Statements
$535,175
Revenue Not Reported on Financial Statements
$5,072
Revenue Not Reported on Form 990
$19,990
Total Revenue per Audited Statements
$555,165
Total Revenue per Form 990
$540,247
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$322,665
Other Expenses$146,019
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$132,594$67,802-$200,396
Current Officers, Directors, Trustees, and Key Employees$39,620$26,872-$66,492
Pension Plan Contributions$11,433$20,372-$31,805
Payroll Taxes$8,617$15,355-$23,972
Information Technology$16,709$3,689-$20,398
Occupancy$12,595$6,924-$19,519
Insurance$10,176$9,092-$19,268
Fees for Services Accounting-$15,390-$15,390
Travel$3,184$6,957-$10,141
Fees for Services Legal-$9,912-$9,912
Fees for Services Other$503$6,778-$7,281
Fees for Service Investment Mgmnt Fees-$5,072-$5,072
Office Expenses$1,377$1,815-$3,192
Other Expenses$31,764$1,534-$1,534
Total Functional Expenses$268,572$200,112$0$468,684

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$468,684
Expenses per Audited Statements$463,612
Total Expenses per Audited Statements$463,611
Expenses Not Reported on Financial Statements$5,072
Expenses Not Reported on Form 990$-1
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued interest$12,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

“The 990 was reviewed and approved by the Executive Director and Board of Directors prior to filing.”

Form 990, Part VI, Section C, line 19

“Governing documents, conflict of interest policy and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Near North Development Corporation
EIN
36-2655083
Phone
3128827334
Address
1251 N Clybourn Avenue, Chicago, IL 60610

Signing Officer

Name
Kelvin M Strong
Title
Executive Director
Phone
3128827334
Signed
2025-10-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kelvin M Strong
Formed
1967
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
5
Employees
7
Volunteers
10

Preparer

Firm
Desmond & Ahern Ltd
Address
10827 S Western Ave, Chicago, IL 60643
Preparer
Mel Padillo
Phone
7737794720
Supplemental Narrative

Additional Explanations

Form 990, Part XII, line 2C:

“The process has not changed from the prior year.”

Financial Statement Notes

Part X, Line 2:

“FIN 48 Note from Audited Financial Statements Near North Development Corporation is an Illinois not-for-profit corporation and is exempt from Federal income taxes under Section 501(c)(3) of the U.S. Internal Revenue Code. The Organization qualifies for the charitable contribution deduction under Section 170(b)(1)(A)(vi) and has been classified as an organization that is not a private foundation under Section 509(a)(1). The tax-exempt purpose of the Organization and the nature in which it operates is described above. Management's assertion is that there are no uncertain tax positions and the Organization continues to operate in compliance with its tax-exempt purpose. The Organization's annual informational and income tax returns filed with the federal and state governments are subject to examination generally three years after they are filed.”

Raw XML AppendixShowing 400 of 528 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherLiabilitiesGrp/BOYAmt012500
IRS990/OtherLiabilitiesGrp/EOYAmt012500
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02950
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02950
IRS990/OtherRevenueTotalAmt02950
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt067802
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0132594
IRS990/OtherSalariesAndWagesGrp/TotalAmt0200396
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt015355
IRS990/PayrollTaxesGrp/ProgramServicesAmt08617
IRS990/PayrollTaxesGrp/TotalAmt023972
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt020372
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt011433
IRS990/PensionPlanContributionsGrp/TotalAmt031805
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt047545
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01216
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08021
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt019881
IRS990/PrincipalOfficerNm0Kelvin M Strong
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Partnership income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0186833
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0186833
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0277941
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0126494
IRS990/PYOtherExpensesAmt0193549
IRS990/PYOtherRevenueAmt02250
IRS990/PYProgramServiceRevenueAmt0185895
IRS990/PYRevenuesLessExpensesAmt086104
IRS990/PYSalariesCompEmpBnftPaidAmt0312927
IRS990/PYTotalExpensesAmt0506476
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0592580
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt071563
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0189783
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0330985
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0305246
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0236175
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0277941
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0748177
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0841008
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0640070
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02743371
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0114289
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0126494
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt045145
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt070596
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt066604
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0423128
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0114289
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0126494
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt045145
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt070596
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt066604
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0423128
IRS990ScheduleA/InvestmentIncomeCYPct00.11140
IRS990ScheduleA/InvestmentIncomePYPct00.08130
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0189783
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0188145
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0125390
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt086459
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt040485
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0630262
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.72260
IRS990ScheduleA/PublicSupportPY509Pct00.81460
IRS990ScheduleA/PublicSupportTotal509Amt02743371
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0236175
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0277941
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0748177
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0841008
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0640070
IRS990ScheduleA/Total509Grp/TotalAmt02743371
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0540247
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0592580
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0918712
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0998063
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0747159
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03796761
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesUseFcltsAmt0-1
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt049106
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt049106
IRS990ScheduleD/ExpensesNotReportedAmt0-1
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt05072
IRS990ScheduleD/ExpensesSubtotalAmt0463612
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt05072
IRS990ScheduleD/InvestmentExpensesNotIncldAmt05072
IRS990ScheduleD/NetUnrealizedGainsInvstAmt019990
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Accrued interest
IRS990ScheduleD/RevenueNotReportedAmt019990
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt05072
IRS990ScheduleD/RevenueSubtotalAmt0535175
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FIN 48 Note from Audited Financial Statements Near North Development Corporation is an Illinois not-for-profit corporation and is exempt from Federal income taxes under Section 501(c)(3) of the U.S. Internal Revenue Code. The Organization qualifies for the charitable contribution deduction under Section 170(b)(1)(A)(vi) and has been classified as an organization that is not a private foundation under Section 509(a)(1). The tax-exempt purpose of the Organization and the nature in which it operates is described above. Management's assertion is that there are no uncertain tax positions and the Organization continues to operate in compliance with its tax-exempt purpose. The Organization's annual informational and income tax returns filed with the federal and state governments are subject to examination generally three years after they are filed.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0468684
IRS990ScheduleD/TotalLiabilityAmt012500
IRS990ScheduleD/TotalRevenuePerForm990Amt0540247
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0555165
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0463611
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 was reviewed and approved by the Executive Director and Board of Directors prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Governing documents, conflict of interest policy and financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The process has not changed from the prior year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part XII, line 2c:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0800796786
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN1275469295
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN2262108894
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN3205892881
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt2C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt3C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1IL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd2IL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd3IL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct00.79000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct10.21000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct20.21000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct30.21000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0low income housing
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1low income housing
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt2low income housing
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt3low income housing
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0Cleveland Greene NFP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1Hazel Winthrop NFP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt2Sunnyside Kenmore Development
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt3Uptown Preservation NFP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt0214339
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt1-1565
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt0-29
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt12002
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt24059
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt399
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt01251 N Clybourne Ave
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt14611 N Sheridan Road
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt24611 N Sheridan Road
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt34611 N Sheridan Road
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0Chicago
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm1Chicago
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm2Chicago
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm3Chicago
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0IL

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