Civic Intelligence

Ceda Community Development Fund

EIN 36-4337956 • 501(c)3 • Chicago, IL

Profile

Ceda community development fund's mission is to create, retain and develop small business and economic institutions that improve the economic stability and independence of the community. Ceda community development fund aims to increase the income of its residents to increase job opportunities for the underemployed and unemployed to more equally distribute economic resources, social services, technical assistance. Ceda community development fund also provides financial literacy training that encourages and empowers low-income individuals and families toward positive action that meets basic human needs and helps them become self-sufficient. Ceda community development fund is currently inactive and is in the process of restarting its program service activities.

567 W LAKE STREET Suite 1200Chicago, IL 60661

www.cedaorg.net

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2019

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

1st percentile

-29741%

Higher net margin than 1% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

100th percentile

$187,510

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 47956.5% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

9th percentile

-100%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

86th percentile

54%

Faster revenue growth than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$0

Down $513,297 (-100%) from 2018

Liabilities

Down

$0

Down $75,805 (-100%) from 2018

Net Assets

Down

$0

Down $437,492 (-100%) from 2018

Revenue

Up

$1,471

Up $515 (+54%) from 2018

Expenses

Up

$438,963

Up $434,830 (+10521%) from 2018

Net Income

Down

-$437,492

Down $434,315 (-13671%) from 2018

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $513,637Liabilities 2010: $30,000Net Assets 2010: $483,6372010Assets 2011: $514,467Liabilities 2011: $35,468Net Assets 2011: $478,9992011Assets 2012: $515,421Liabilities 2012: $35,468Net Assets 2012: $479,9532012Assets 2013: $510,017Liabilities 2013: $31,053Net Assets 2013: $478,9642013Assets 2014: $510,516Liabilities 2014: $31,053Net Assets 2014: $479,4632014Assets 2015: $522,020Liabilities 2015: $41,053Net Assets 2015: $480,9672015Assets 2016: $514,856Liabilities 2016: $64,689Net Assets 2016: $450,1672016Assets 2017: $513,820Liabilities 2017: $73,151Net Assets 2017: $440,6692017Assets 2018: $513,297Liabilities 2018: $75,805Net Assets 2018: $437,4922018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2019

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$500K$0-$500KExpenses 2010: $35,2162010Expenses 2011: $6,7792011Expenses 2012: $6422012Expenses 2013: $1,6822013Revenue 2014: $1,110Expenses 2014: $611Net Income 2014: $4992014Revenue 2015: $6,193Expenses 2015: $4,689Net Income 2015: $1,5042015Revenue 2016: $349Expenses 2016: $31,149Net Income 2016: -$30,8002016Revenue 2017: $391Expenses 2017: $9,889Net Income 2017: -$9,4982017Revenue 2018: $956Expenses 2018: $4,133Net Income 2018: -$3,1772018Revenue 2019: $1,471Expenses 2019: $438,963Net Income 2019: -$437,4922019

Highlighted filing

2019

Revenue$1,471
Expenses$438,963
Net Income-$437,492

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
May 15, 2020
Return Version
2018v3.1
Gross Receipts
$1,471
Mission and Program Overview

Mission

Ceda community development fund's mission is to create, retain and develop small business and economic institutions that improve the economic stability and independence of the community. Ceda community development fund aims to increase the income of its residents to increase job opportunities for the underemployed and unemployed to more equally distribute economic resources, social services, technical assistance. Ceda community development fund also provides financial literacy training that encourages and empowers low-income individuals and families toward positive action that meets basic human needs and helps them become self-sufficient. Ceda community development fund is currently inactive and is in the process of restarting its program service activities.

Ceda community development fund's mission is to create, retain and develop small business and economic institutions that improve the economic stability.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$473,180$0▼ $473,180
Other Notes and Loans Receivable, Net$40,117$0▼ $40,117
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$513,297$0▼ $513,297
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$75,805$0▼ $75,805
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$75,805$0▼ $75,805
Net Assets / Fund Balance
Unrestricted Net Assets$437,492$0▼ $437,492
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$437,492$0▼ $437,492
Total Liabilities and Net Assets / Fund Balance$513,297$0▼ $513,297
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ronald BeanBOARD CHAIR (Left 4/2019)
Richard LarkinChairman
Glen OfenlochPresident
Adrian SotoBoard Vice-chair
Harold RiceDirector
Lisa AnthonySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$1,471
Other Revenue
$0
Change in Net Assets
$-437,492
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$395,424
Other Expenses$43,539
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$395,424--$395,424
Fees for Services Legal-$9,394-$9,394
Conferences and Meetings-$66-$66
Other Expenses-$15-$15
Total Functional Expenses$395,424$43,539$0$438,963
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Community and Economic Development AssociationChicago, IL501(c)(3)-$395,424
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

The board members of the organization must be appointed by the board of directors of the community and economic development association of cook county, inc. (ceda).

Form 990 Part VI, Section A, Line 7B

The board of directors of ceda must approve any amendments to the organizations by-laws, project funding guidelines and policies, and mission and vision statements.

Form 990 Part VI, Section B, Line 11B

The form 990 is prepared and reviewed by the organization's tax preparers and management. A copy of the form 990 is provided to the full governing body for review prior to filing with the irs.

Form 990, Part VI, Section C, 12C

All officers and trustees sign off on a conflict of interest statement annually. The organization monitors these responses and asks the potentially conflicted individuals to remove themselves from participating in the deliberations or decisions on the conflicting matter.

Form 990, Part VI, Section C, Line 19

The organization makes the form 990 available by request and also informs the public that it is available on guidestar's website. The organization maintains its own website to inform the public about its organization and programs and other activities. If any information about the governing documents or the conflict of interest policy of the organization is needed then the public is encouraged to obtain it from the organization upon request.

Filing and Contact Details

Filer

Filer Name
Ceda Community Development Fund
EIN
36-4337956
In Care Of
% CEDA FINANCE OFFICE
Phone
3127822332
Address
567 W LAKE STREET Suite 1200, CHICAGO, IL 60661

Signing Officer

Name
Richard Larkin
Title
Chairman
Phone
3127822332
Signed
2020-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Larkin
Formed
1999
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Bkd Llp
Address
1901 S Meyers Road Suite 500, Oakbrook Terrace, IL 60181-5209
Preparer
Jody A Gauthier
Phone
6302829500
Supplemental Narrative

Financial Statement Notes

Schedule D, Part X, Line 2

Ceda and its affiliates are exempt from income taxes under section 501(c)(3) of the internal revenue code. In addition, ceda and its affiliates qualify for the charitable contribution deduction under section 170(b)(1)(a) and have been classified as organizations that are not private foundations under section 509(a)(2). Ceda and its affiliates believe that it has appropriate support for any tax position taken, including its tax exempt status, and as such, does not have any uncertain tax positions that are material to the consolidated financial statements. Ceda recognizes the financial statement impact of a tax position when it is more likely than not that the position will be sustained upon examination.

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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0RICHARD LARKIN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0841
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt04133
IRS990/PYOtherRevenueAmt0115
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-3177
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt04133
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0956
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-437492
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt06000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01471
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0956
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0391
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0349
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0193
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03360
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.64103
IRS990ScheduleA/PublicSupportPY170Pct00.66719
IRS990ScheduleA/PublicSupportTotal170Amt06000
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt06000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06000
IRS990ScheduleA/TotalSupportAmt09360
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CEDA AND ITS AFFILIATES ARE EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, CEDA AND ITS AFFILIATES QUALIFY FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAVE BEEN CLASSIFIED AS ORGANIZATIONS THAT ARE NOT PRIVATE FOUNDATIONS UNDER SECTION 509(A)(2). CEDA AND ITS AFFILIATES BELIEVE THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITION TAKEN, INCLUDING ITS TAX EXEMPT STATUS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. CEDA RECOGNIZES THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PART X, LINE 2
IRS990ScheduleD/TotalLiabilityAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0395424
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0COMMUNITY AND ECONOMIC DEVELOPMENT ASSOCIATION
IRS990ScheduleI/RecipientTable/RecipientEIN0362597741
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0567 W LAKE ST 12 FL
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CHICAGO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd060661
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0CEDA'S SELECTION CRITERIA FOR GRANT OR OTHER ASSISTANCE IS DICTATED BY GRANT AWARD DOCUMENTS. THE ASSISTANCE REQUESTED. PROGRAM SPECIALISTS REVIEW EACH GRANT APPLICATION AND DETERMINE THE AMOUNT OF GRANT OR OTHER ASSISTANCE TO WHICH THE GRANTEE QUALIFIES. CEDA MAKES GRANT PAYMENTS DIRECTLY TO VENDORS WHO PROVIDE DIRECT ASSISTANCE TO THE GRANTEE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt015000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0202116
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1227775
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt04070
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt14630
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt01301
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt121588
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0GLEN OFENLOCH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1HAROLD RICE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0222487
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1253993
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0Compensation of the organizations top management official is determined by the Community and Economic Development Association of Cook County, Inc. A salary survey supports the rate. The organization did not compensate any of the members of the board of directors during the fiscal year.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule J, Part 1, Line 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/AttorneyGeneralNotifiedInd0true
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0false
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1NOTES RECEIVABLE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02019-06-30
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt12019-06-30
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0362597741
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN1362597741
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt0389125
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt16300
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt1501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0COST
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt1COST
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm0COMMUNITY AND ECONOMIC DEVELOPMENT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm1COMMUNITY AND ECONOMIC DEVELOPMENT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0567 W LAKE ST 12TH FL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt1567 W LAKE ST 12TH FL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0CHICAGO
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm1CHICAGO
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0IL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd1IL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd060661
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd160661
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0true
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD MEMBERS OF THE ORGANIZATION MUST BE APPOINTED BY THE BOARD OF DIRECTORS OF THE COMMUNITY AND ECONOMIC DEVELOPMENT ASSOCIATION OF COOK COUNTY, INC. (CEDA).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS OF CEDA MUST APPROVE ANY AMENDMENTS TO THE ORGANIZATIONS BY-LAWS, PROJECT FUNDING GUIDELINES AND POLICIES, AND MISSION AND VISION STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS PREPARED AND REVIEWED BY THE ORGANIZATION'S TAX PREPARERS AND MANAGEMENT. A COPY OF THE FORM 990 IS PROVIDED TO THE FULL GOVERNING BODY FOR REVIEW PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL OFFICERS AND TRUSTEES SIGN OFF ON A CONFLICT OF INTEREST STATEMENT ANNUALLY. THE ORGANIZATION MONITORS THESE RESPONSES AND ASKS THE POTENTIALLY CONFLICTED INDIVIDUALS TO REMOVE THEMSELVES FROM PARTICIPATING IN THE DELIBERATIONS OR DECISIONS ON THE CONFLICTING MATTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES THE FORM 990 AVAILABLE BY REQUEST AND ALSO INFORMS THE PUBLIC THAT IT IS AVAILABLE ON GUIDESTAR'S WEBSITE. THE ORGANIZATION MAINTAINS ITS OWN WEBSITE TO INFORM THE PUBLIC ABOUT ITS ORGANIZATION AND PROGRAMS AND OTHER ACTIVITIES. IF ANY INFORMATION ABOUT THE GOVERNING DOCUMENTS OR THE CONFLICT OF INTEREST POLICY OF THE ORGANIZATION IS NEEDED THEN THE PUBLIC IS ENCOURAGED TO OBTAIN IT FROM THE ORGANIZATION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990 PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990 PART VI, SECTION B, LINE 11B

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