Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
South Side Community Economic Development Center
EIN 83-0440276 • 501(c)3 • Chicago, IL
Profile
Assist in economic development on chicago's south side
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
59th percentile
Higher net margin than 59% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
99th percentile
Faster asset growth than 99% of similar nonprofits.
Revenue Growth
48th percentile
Faster revenue growth than 48% of similar nonprofits.
Balance Sheet
Assets
Up$4,210
Up $3,834 (+1020%) from 2019
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Up$4,210
Up $3,834 (+1020%) from 2019
Revenue
Down$59,242
Down $1,504 (-2.5%) from 2019
Expenses
Down$55,408
Down $5,021 (-8.3%) from 2019
Net Income
Up$3,834
Up $3,517 (+1109%) from 2019
Trend Graphs
Filings
Most recent year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $4,210
- Liabilities
- -
- Net assets
- $4,210
- Revenue
- $59,242
- Expenses
- $55,408
- Net income
- $3,834
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Nov 15, 2021
- Return Version
- 2020v4.1
- Gross Receipts
- $59,242
Mission and Program Overview
Mission
Assist in economic development on chicago's south side
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THESE FUNDS WERE TRANSFERRED TO THE SOUTH SIDE COMMUNITY FEDERAL CREDIT UNION TO SUPPORT ITS WORK WITH A PRIMARILY LOW INCOME POPULATION ON CHICAGO'S SOUTH SIDE. | $5,491 | $5,491 |
| COUNSELED 175 PEOPLE, ONE ON ONE, CONCERNING 1ST TIME HOME QWNERSHIP,FORCLOSURE PREVENTION, AND FINANCIAL LITERACY. THIS WAS DONE IN WORKSHOPS IN PERSON AFTER VITUALLY AFTER MARCH 2020. | $2,500 | $250 |
| CO0NDUCTED FOUR 8 WEEK COURSES IN BASIC FINANCIAL EDUCATION,WITH 7-10 PEOPLE ENROLLED IN EACAH COURSE. | $1,000 | $1,000 |
| HOSTED FINANCIAL WELLNESS AND HOUSING EXPOSITION INSEPTEMBER. OVER 75 PERSONS ATTENDED VIRTUALLY. | $1,000 | $1,000 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| GREGG H BROWN | Chairman | PT | $0 | - | - |
| WALTER BROOKS | Treasurer | PT | $0 | - | - |
| CARL WEST | Secretary | PT | $0 | - | - |
| lAWRENCE SEALS | Director | - | $0 | - | - |
| JO CEDCANNE GLEN | Director | - | $0 | - | - |
| BYRON JONES | Director | - | $0 | - | - |
| TIFFANY BROOKS | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- South Side Community Economic Development Center
- EIN
- 83-0440276
- Phone
- 7735485500
- Address
- 5201 S WENTWORTH AVE, CHICAGO, IL 60609-6349
Signing Officer
- Name
- Gregg H Brown
- Title
- Chairman
- Phone
- 7735485500
- Signed
- 2021-11-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Jon N Will & Associates Inc
- Address
- 1525 E 53rd St Suite 526, Chicago, IL 60615
- Preparer
- Jon N Will
- Phone
- 7736438089
Supplemental Narrative
Additional Explanations
Pt VI, Line 11B
“Chairman distributed copies of this return to each director for review prior to submission.”
Pt III, Line 31
“These funds were transferred to the south side community federal credit union to support its work with a primarily low income population on chicago's south side.”
Pt VI, Line 50
“No compensation is paid to anyone in the organization. All compensation is paid by the sponsor, the south side community federal credit union. The organizatiuon employed no independent contractors. Expenses for the programs described above are paid by the sponsor.”
Form 990EZ, Part I, Line 10
“Pass through grant to sponsor; payment; south side community fcu: 5401 s wentwirth ave ste 25, chicgo, il, 60609; sponsor, 5155.”
Form 990EZ, Part I, Line 10
“Pass through per direction from grantor; payment; truth 4 literacy after school mentor program: 429 e 44th st unit 1, chicago, il, 60653; fiscal agent, 50000.”
Form 990EZ, Part I, Line 16
“Filing Fees and other Misc Expenses 28.”
Raw XML Appendix196 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/Organization501c3Ind | 0 | X |
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| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 28 |
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| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
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| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | CO0NDUCTED FOUR 8 WEEK COURSES IN BASIC FINANCIAL EDUCATION,WITH 7-10 PEOPLE ENROLLED IN EACAH COURSE. |
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| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | HOSTED FINANCIAL WELLNESS AND HOUSING EXPOSITION INSEPTEMBER. OVER 75 PERSONS ATTENDED VIRTUALLY. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 3 | THESE FUNDS WERE TRANSFERRED TO THE SOUTH SIDE COMMUNITY FEDERAL CREDIT UNION TO SUPPORT ITS WORK WITH A PRIMARILY LOW INCOME POPULATION ON CHICAGO'S SOUTH SIDE. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | CHAIRMAN DISTRIBUTED COPIES OF THIS RETURN TO EACH DIRECTOR FOR REVIEW PRIOR TO SUBMISSION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THESE FUNDS WERE TRANSFERRED TO THE SOUTH SIDE COMMUNITY FEDERAL CREDIT UNION TO SUPPORT ITS WORK WITH A PRIMARILY LOW INCOME POPULATION ON CHICAGO'S SOUTH SIDE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | NO COMPENSATION IS PAID TO ANYONE IN THE ORGANIZATION. ALL COMPENSATION IS PAID BY THE SPONSOR, THE SOUTH SIDE COMMUNITY FEDERAL CREDIT UNION. THE ORGANIZATIUON EMPLOYED NO INDEPENDENT CONTRACTORS. EXPENSES FOR THE PROGRAMS DESCRIBED ABOVE ARE PAID BY THE SPONSOR. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | PASS THROUGH GRANT TO SPONSOR; PAYMENT; SOUTH SIDE COMMUNITY FCU: 5401 S WENTWIRTH AVE STE 25, CHICGO, IL, 60609; SPONSOR, 5155. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | PASS THROUGH PER DIRECTION FROM GRANTOR; PAYMENT; TRUTH 4 LITERACY AFTER SCHOOL MENTOR PROGRAM: 429 E 44TH ST UNIT 1, CHICAGO, IL, 60653; FISCAL AGENT, 50000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Filing Fees and other Misc Expenses 28. |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990EZ, Part I, Line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990EZ, Part I, Line 16 |
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| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
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| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Chairman |
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| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-11-15 |
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| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Chicago |
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| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7736438089 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-11-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Jon N Will |
| ReturnHeader/ReturnTs | 0 | 2021-11-15T15:57:35-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | GREGG |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | BROWN |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.