Liabilities / Assets
81st percentile
Higher debt load relative to assets than 81% of similar nonprofits.
EIN 36-2946248 • 501(c)3 • Chicago, IL
Profile
Through planning and collaboration with private developers, governmental entities and other stake-holders, the Far-South Community Development Corporation (Far South CDC)strives to facilitate and foster quality retail businesses that will meet the needs of the community, 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.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
81st percentile
Higher debt load relative to assets than 81% of similar nonprofits.
Liabilities / Revenue
85th percentile
Higher debt load relative to revenue than 85% of similar nonprofits.
Net Margin
63rd percentile
Higher net margin than 63% of similar nonprofits.
Top Officer Pay
57th percentile
Higher top officer pay than 57% of similar nonprofits.
Top officer pay equals 2.9% of source-year revenue.
Asset Growth
93rd percentile
Faster asset growth than 93% of similar nonprofits.
Revenue Growth
90th percentile
Faster revenue growth than 90% of similar nonprofits.
Assets
Up$9,248,791
Up $3,659,803 (+65%) from 2023
Liabilities
Up$5,101,485
Up $2,092,916 (+70%) from 2023
Net Assets
Up$4,147,306
Up $1,566,887 (+61%) from 2023
Revenue
Up$5,082,779
Up $2,332,909 (+85%) from 2023
Expenses
Up$4,508,395
Up $1,297,596 (+40%) from 2023
Net Income
Up$574,384
Up $1,035,313 (+225%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Through planning and collaboration with private developers, governmental entities and other stake-holders, the Far-South Community Development Corporation (Far South CDC)strives to facilitate and foster quality retail businesses that will meet the needs of the community, 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.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $2,506,973 | $5,136,302 | ▲ $2,629,329 |
| Cash and Non-Interest-Bearing Accounts | $2,089,090 | $3,189,413 | ▲ $1,100,323 |
| Accounts Receivable | $475,640 | $425,570 | ▼ $50,070 |
| Inventories for Sale or Use | $75,263 | $75,263 | → $0 |
| Prepaid Expenses and Deferred Charges | $3,495 | $3,495 | → $0 |
| Other Notes and Loans Receivable, Net | $2,390 | $2,390 | → $0 |
| Savings and Temporary Cash Investments | - | $0 | - |
| Pledges and Grants Receivable | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Total Assets | $5,588,988 | $9,248,791 | ▲ $3,659,803 |
| Other Assets Total | $436,137 | $416,358 | ▼ $19,779 |
| Liabilities | |||
| Deferred Revenue | $2,021,784 | $2,902,285 | ▲ $880,501 |
| Mortgage Notes Payable Secured by Investment Property | $165,753 | $1,333,987 | ▲ $1,168,234 |
| Accounts Payable and Accrued Expenses | $812,544 | $865,213 | ▲ $52,669 |
| Other Liabilities | $8,488 | - | - |
| Total Liabilities | $3,008,569 | $5,101,485 | ▲ $2,092,916 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $1,909,359 | $2,902,285 | ▲ $992,926 |
| Net Assets Without Donor Restrictions | $671,060 | $1,245,021 | ▲ $573,961 |
| Total Net Assets Fund Balance | $2,580,419 | $4,147,306 | ▲ $1,566,887 |
| Total Liabilities and Net Assets / Fund Balance | $5,588,988 | $9,248,791 | ▲ $3,659,803 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $2,642,642 | $33,880 | $2,676,522 |
| Land | $2,470,543 | - | $2,470,543 |
| Other Land Buildings | $15,202 | $26,653 | $41,855 |
| Equipment | $5,236 | $33,981 | $39,217 |
| Leasehold Improvements | $2,679 | $7,401 | $10,080 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Abraham Lacy | Executive Director | FT | $147,500 | $147,500 |
| Nikiesha Emery | COO | FT | $120,000 | $120,000 |
| Name | Title |
|---|---|
| Yolanda Richards-albert | Chairman |
| Chester Bell Jr | Director |
| Kareem Musawwir | Director |
| Maggie Catania | Director |
| Melvin Thompson | Director |
| Rev Leonardo Gilbert | Director |
| John Chenier | Secretary |
| DENNIS O'MALLEY | Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| The Lamar Johnson Collaborative | - | 2199 INNERBELT BUSINESS CENTER DRIV, Saint Louis, MO 63114-5721 | $322,959 |
| Line Item | Amount |
|---|---|
| Other Expenses | $3,005,225 |
| Salaries, Compensation, and Employee Benefits | $1,503,170 |
| Total Fundraising Expense | $43,588 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $929,170 | $426,500 | - | $1,355,670 |
| Fees for Services Other | $416,239 | $178,584 | - | $594,823 |
| Current Officers, Directors, Trustees, and Key Employees | $73,750 | $73,750 | - | $147,500 |
| Office Expenses | $81,135 | $19,440 | - | $100,575 |
| Advertising | $91,980 | $5,834 | - | $97,814 |
| All Other Expenses | $37,643 | $46,992 | - | $84,635 |
| Occupancy | $47,298 | $17,958 | - | $65,256 |
| Interest | $43,047 | $4,540 | - | $47,587 |
| Depreciation Depletion | - | $47,192 | - | $47,192 |
| Other Expenses | $30,159 | $34,191 | $43,588 | $30,159 |
| Insurance | $9,227 | $12,006 | - | $21,233 |
| Total Functional Expenses | $3,597,820 | $866,987 | $43,588 | $4,508,395 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $4,508,395 |
| Total Expenses per Audited Statements | $4,508,395 |
| Total Expenses per Form 990 | $4,508,395 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
“Far south community development council has an audit committee and a budget committee that reviews form 990 and votes and/or approves the tax return before it is filed.”
“No documents available to the public.”
“Move 2024 idceo advance to net assets with donor restriction = $2861124”
“Released 2023 net assets from donor restrictions for 2024 ex = -$1868198”
“Uncertainty Income Tax Position:Management believes that all of the positions taken by the Organization in its Federal and State Income tax returns are more likely than not to be sustained upon examination. The Organization files returns in the U. S. Federal Jurisdiction and with the state of Illinois Attorney Generals Office.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 812544 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 865213 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 475640 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 425570 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | Through planning and collaboration with private developers, governmental entities and other stake-holders, the Far-South Community Development Corporation (Far South CDC)strives to facilitate and foster quality retail businesses that will meet the needs of the community, 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. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 5834 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 91980 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 97814 |
| IRS990/AllOtherContributionsAmt | 0 | 1086872 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 46992 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 37643 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 84635 |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | ABRAHAM LACY |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7739414853 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 837 WEST 115TH STREET |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | CHICAGO |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 60643 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 2089090 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 3189413 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 73750 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 73750 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 147500 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | true |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 322959 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 2199 INNERBELT BUSINESS CENTER DRIV |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | SAINT LOUIS |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | MO |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 631145721 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | THE LAMAR JOHNSON COLLABORATIVE |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 4789898 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 3005225 |
| IRS990/CYOtherRevenueAmt | 0 | 19096 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 273785 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 574384 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 1503170 |
| IRS990/CYTotalExpensesAmt | 0 | 4508395 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 43588 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 5082779 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 2021784 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 2902285 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 47192 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 47192 |
| IRS990/Desc | 0 | 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. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 1909359 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 2902285 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 21 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 3597820 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 178584 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 416239 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 594823 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282FiledCnt | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 9 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | ABRAHAM LACY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | NIKIESHA EMERY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | CHESTER BELL JR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | REV LEONARDO GILBERT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | MELVIN THOMPSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | MAGGIE CATANIA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | KAREEM MUSAWWIR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | YOLANDA RICHARDS-ALBERT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | DENNIS O'MALLEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | JOHN CHENIER |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 147500 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 120000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Executive Dir. |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | COO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Chairman |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Secretary |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1977 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
| IRS990/GovernmentGrantsAmt | 0 | 3703026 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 5082779 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 7 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 0 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 12006 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 9227 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 21233 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 4540 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 43047 |
| IRS990/InterestGrp/TotalAmt | 0 | 47587 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 75263 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 75263 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 24 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 101915 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 2506973 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 5136302 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 5238217 |
| IRS990/LegalDomicileStateCd | 0 | IL |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | Through planning and collaboration with private developers, governmental entities and other stake-holders, the Far-South Community Development Corporation (Far South CDC)strives to facilitate and foster quality retail businesses that will meet the needs of the community, 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. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 165753 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 1333987 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 2580419 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 4147306 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 671060 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 1245021 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 17958 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 47298 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 65256 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 19440 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 81135 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 100575 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 436137 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 416358 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 992926 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | REPAIRS & MAINTENANCE |
| IRS990/OtherExpensesGrp/Desc | 1 | FUNDRAISING |
| IRS990/OtherExpensesGrp/Desc | 2 | PROPERTY TAXES |
| IRS990/OtherExpensesGrp/Desc | 3 | TELEPHONE |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 43588 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 34191 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 1807124 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 31048 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 30159 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 1841315 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 43588 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 31048 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 30159 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 8488 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISCELLENEOUS INCOME |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 19096 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 19096 |
| IRS990/OtherRevenueTotalAmt | 0 | 19096 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 426500 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 929170 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 1355670 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 2390 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 2390 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 3495 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 3495 |
| IRS990/PrincipalOfficerNm | 0 | ABRAHAM LACY |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | -423 |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | RENTAL INCOME |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 273785 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 273785 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 2778943 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 1803980 |
| IRS990/PYOtherRevenueAmt | 0 | 12716 |
| IRS990/PYProgramServiceRevenueAmt | 0 | -41789 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -460929 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 1406819 |
| IRS990/PYTotalExpensesAmt | 0 | 3210799 |
| IRS990/PYTotalRevenueAmt | 0 | 2749870 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 574384 |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 5082779 |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 5063683 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2737154 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3194347 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2688689 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1686052 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 15369925 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 19096 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 12716 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 27153 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 5110 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 64075 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.99580 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.99610 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 15369925 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 5063683 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2737154 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3194347 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2688689 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1686052 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 15369925 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 15434000 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 2642642 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 33880 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 2676522 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 5236 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 33981 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 39217 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 4508395 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 2470543 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 2470543 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 2679 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 7401 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 10080 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 15202 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 26653 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 41855 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 5082779 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | Uncertainty Income Tax Position:Management believes that all of the positions taken by the Organization in its Federal and State Income tax returns are more likely than not to be sustained upon examination. The Organization files returns in the U. S. Federal Jurisdiction and with the state of Illinois Attorney Generals Office. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part X : FIN48 Footnote |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 5136302 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 4508395 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 5082779 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 5082779 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 4508395 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | FAR SOUTH COMMUNITY DEVELOPMENT COUNCIL HAS AN AUDIT COMMITTEE AND A BUDGET COMMITTEE THAT REVIEWS FORM 990 AND VOTES AND/OR APPROVES THE TAX RETURN BEFORE IT IS FILED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | No documents available to the public. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | MOVE 2024 IDCEO ADVANCE TO NET ASSETS WITH DONOR RESTRICTION = $2861124 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | RELEASED 2023 NET ASSETS FROM DONOR RESTRICTIONS FOR 2024 EX = -$1868198 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section B, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section C, Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part XI, Line 9 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part XI, Line 9 |
| IRS990ScheduleR/AssetExchangeInd | 0 | false |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | false |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | false |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | false |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | false |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | false |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd | 0 | false |
No mirrored PDF or thumbnail assets are attached yet.