Civic Intelligence

Chicago Southland Economic Development Corporation

990EZ • Fiscal year 2018 • EIN 36-4248732

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

1904 174th StreetEast Hazel Crest, IL 60429

(708) 922-4671

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

84th percentile

0.23x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

85th percentile

0.15x

Higher debt load relative to revenue than 85% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

16th percentile

-20%

Higher net margin than 16% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

33rd percentile

-6.9%

Faster asset growth than 33% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

84th percentile

45%

Faster revenue growth than 84% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$111,001

Down $8,286 (-6.9%) from 2017

Net Assets

Down

$85,001

Down $34,286 (-29%) from 2017

Liabilities

$26,000

No earlier filing loaded for comparison.

Revenue

Up

$175,804

Up $54,509 (+45%) from 2017

Expenses

Up

$210,090

Up $110,429 (+111%) from 2017

Net Income

Down

-$34,286

Down $55,920 (-258%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2017: $119,287Net Assets 2017: $119,2872017Assets 2018: $111,001Liabilities 2018: $26,000Net Assets 2018: $85,0012018Assets 2019: $89,281Liabilities 2019: $1,800Net Assets 2019: $87,4812019Assets 2020: $96,440Liabilities 2020: $10,274Net Assets 2020: $86,1662020Assets 2021: $386,421Liabilities 2021: $36,102Net Assets 2021: $350,3192021Assets 2022: $839,872Liabilities 2022: $5,796Net Assets 2022: $834,0762022Assets 2023: $978,575Liabilities 2023: $0Net Assets 2023: $978,5752023Assets 2024: $604,352Liabilities 2024: $0Net Assets 2024: $604,3522024

Highlighted filing

2018

Assets$111,001
Liabilities$26,000
Net Assets$85,001

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2017: $121,295Expenses 2017: $99,661Net Income 2017: $21,6342017Revenue 2018: $175,804Expenses 2018: $210,090Net Income 2018: -$34,2862018Revenue 2019: $200,860Expenses 2019: $198,380Net Income 2019: $2,4802019Revenue 2020: $167,356Expenses 2020: $168,671Net Income 2020: -$1,3152020Revenue 2021: $512,493Expenses 2021: $248,340Net Income 2021: $264,1532021Revenue 2022: $926,223Expenses 2022: $442,466Net Income 2022: $483,7572022Revenue 2023: $396,668Expenses 2023: $252,169Net Income 2023: $144,4992023Revenue 2024: $270,201Expenses 2024: $261,424Net Income 2024: $8,7772024

Highlighted filing

2018

Revenue$175,804
Expenses$210,090
Net Income-$34,286
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$188,435
Mission and Program Overview

Mission

To coordinate a joint strategic economic development program for the regions in the chicago metropolitan area known as the "chicago southland".

Program Services

DescriptionGrantsExpenses
COMPREHENSIVE MARKETING AND PROMOTION STRATEGY TO ATTRACT AND RETAIN STRONG BUSINESS IN THE SOUTH SUBURBAN REGION OF CHICAGO, ILLINOIS.$210,090-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL SCHOLEFIELDChairman-$0--
GENE LARKINSecretary-$0--
LOU VITTULOTreasurer-$0--
RICK REINBOLDDirector-$0--
DAVID MEKARSKIDirector-$0--
REGGIE GREENWOODPresident-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Big Shoes Event$22,734$22,734$9,811$12,923
Total Events$22,734$22,734$12,631$10,103
Filing and Contact Details

Filer

Filer Name
Chicago Southland Economic Development
EIN
36-4248732
Phone
7089224671
Address
1904 174TH STREET, EAST HAZEL CREST, IL 60429

Signing Officer

Name
Reggie Greenwood
Title
President
Signed
2019-11-15
Discuss with paid preparer
Yes

Preparer

Firm
ONeill & Gaspardo LLC
Address
19070 Everett Boulevard Suite 208, Mokena, IL 60448
Preparer
Nathan R Pasbrig
Phone
7084782900
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

| Donee's Name: ANTERO GROUP | Cash Amount Given: $7000

Other Expenses.1001

Advertising and Promotion $6300

Other Expenses.1007

Conferences, Conventions, and Meetings $65592

Other Expenses.1012

Insurance $1720

Other Expenses.1

Meals and entertainment $2380

Other Expenses.2

SOFTWARE $2380

Other Expenses.3

GRANT WRITING $1120

Other Expenses.4

Business registration $530

Other Expenses.5

BANK AND OTHER FEES $521

Other Expenses.6

BUSINESS MEETINGS $460

Other Expenses.7

SUPPLIES $357

Total Liabilities.1003

Deferred Revenue - Beginning $0 Deferred Revenue - Ending $26000

Part IV List of Officers, Directors, Trustees and Key Employees

Board members spend approximately 2 hours per quarter on csedc related business while attending the board of directors quarterly forums. They receive no compensation or other allowances. The csedc has no employees.

Raw XML Appendix187 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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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0EAST HAZEL CREST
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RICK REINBOLD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DAVID MEKARSKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5REGGIE GREENWOOD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
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IRS990EZ/OtherExpensesTotalAmt081360
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
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IRS990EZ/PrimaryExemptPurposeTxt0TO COORDINATE A JOINT STRATEGIC ECONOMIC DEVELOPMENT PROGRAM FOR THE REGIONS IN THE CHICAGO METROPOLITAN AREA KNOWN AS THE "CHICAGO SOUTHLAND".
IRS990EZ/ProgramServiceRevenueAmt051750
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0COMPREHENSIVE MARKETING AND PROMOTION STRATEGY TO ATTRACT AND RETAIN STRONG BUSINESS IN THE SOUTH SUBURBAN REGION OF CHICAGO, ILLINOIS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0210090
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IRS990EZ/RelatedOrgSect527OrgInd0false
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: ANTERO GROUP | Cash Amount Given: $7000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising and Promotion $6300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Conferences, Conventions, and Meetings $65592
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $1720
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MEALS AND ENTERTAINMENT $2380
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SOFTWARE $2380
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GRANT WRITING $1120
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7BUSINESS REGISTRATION $530
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8BANK AND OTHER FEES $521
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9BUSINESS MEETINGS $460
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10SUPPLIES $357
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Deferred Revenue - Beginning $0 Deferred Revenue - Ending $26000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12BOARD MEMBERS SPEND APPROXIMATELY 2 HOURS PER QUARTER ON CSEDC RELATED BUSINESS WHILE ATTENDING THE BOARD OF DIRECTORS QUARTERLY FORUMS. THEY RECEIVE NO COMPENSATION OR OTHER ALLOWANCES. THE CSEDC HAS NO EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1001
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Total Liabilities.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12PART IV LIST OF OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0REGGIE GREENWOOD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHICAGO SOUTHLAND ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0CHIC
ReturnHeader/Filer/EIN0364248732
ReturnHeader/Filer/PhoneNum07089224671
ReturnHeader/Filer/USAddress/AddressLine1Txt01904 174TH STREET
ReturnHeader/Filer/USAddress/CityNm0EAST HAZEL CREST
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060429
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0362646009
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ONeill & Gaspardo LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt019070 Everett Boulevard Suite 208
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Mokena
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060448
ReturnHeader/PreparerPersonGrp/PhoneNum07084782900
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NATHAN R PASBRIG
ReturnHeader/ReturnTs02019-11-15T07:10:08-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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