Civic Intelligence

Southland Development Authority Nfp

990 • Fiscal year 2021 • EIN 84-2818243

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 06, 2023

Organization ProfileWWW.SOUTHLANDDEVELOPMENT.ORG
17730 Oak Park Ave No DTinley Park, IL 60477

(708) 722-6070

Siviq Scores

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

Liabilities / Assets

99th percentile

2.11x

Higher debt load relative to assets than 99% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

82nd percentile

0.64x

Higher debt load relative to revenue than 82% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

11th percentile

-20%

Higher net margin than 11% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

1st percentile

-51%

Faster asset growth than 1% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

15th percentile

-17%

Faster revenue growth than 15% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$496,367

Down $520,714 (-51%) from 2020

Net Assets

Down

-$549,092

Down $615,984 (-921%) from 2020

Liabilities

Up

$1,045,459

Up $95,270 (+10%) from 2020

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin11th percentile

Revenue

Down

$1,633,064

Down $325,162 (-17%) from 2020

Expenses

Down

$1,955,505

Down $85,427 (-4.2%) from 2020

Net Income

Down

-$322,441

Down $239,735 (-290%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$1.5M$1.0M$500K$0-$500K-$1.0MAssets 2019: $437,334Liabilities 2019: $287,736Net Assets 2019: $149,5982019Assets 2020: $1,017,081Liabilities 2020: $950,189Net Assets 2020: $66,8922020Assets 2021: $496,367Liabilities 2021: $1,045,459Net Assets 2021: -$549,0922021Assets 2022: $1,221,365Liabilities 2022: $1,220,724Net Assets 2022: $6412022Assets 2024: $615,692Liabilities 2024: $529,435Net Assets 2024: $86,2572024

Highlighted filing

2021

Assets$496,367
Liabilities$1,045,459
Net Assets-$549,092
Open 2021 Filing

Operations Trend

Revenue Growth15th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2019: $605,000Expenses 2019: $455,402Net Income 2019: $149,5982019Revenue 2020: $1,958,226Expenses 2020: $2,040,932Net Income 2020: -$82,7062020Revenue 2021: $1,633,064Expenses 2021: $1,955,505Net Income 2021: -$322,4412021Revenue 2022: $2,417,391Expenses 2022: $1,862,904Net Income 2022: $554,4872022Revenue 2024: $3,591,610Expenses 2024: $3,487,686Net Income 2024: $103,9242024

Highlighted filing

2021

Revenue$1,633,064
Expenses$1,955,505
Net Income-$322,441
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 6, 2023
Return Version
2021v4.2
Gross Receipts
$1,631,177
Mission and Program Overview

Mission

The southland development authority (sda) was launched in 2019 with a mission to collaboratively design and support implementation of comprehensive, transformative, inclusive economic growth in cook county's south suburbs. Sda seeks to re-establish the southland as a major hub of economic activity, revitalizing the area as a unique set of communities that celebrates and engages its rich history and diversity. Inclusive economic growth has been a founding principle of the sda, informing all of its programs and activities with a focus on the following dimensions:1.ownership - growing business and real estate ownership by people of color.2.employment - increasing the employment of workers of color in quality jobs with strong career ladder.3.location and access - ensuring disadvantaged populations can live near job centers.4.participation - growing diverse representation at the relevant private, public and civic sector "tables," where growth strategies are shaped and implemented.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$535,339$439,168▼ $96,171
Cash and Non-Interest-Bearing Accounts$183,460$86,859▼ $96,601
Prepaid Expenses and Deferred Charges$27,527$14,250▼ $13,277
Total Assets$746,326$540,277▼ $206,049
Liabilities
Other Liabilities$491,563$882,784▲ $391,221
Accounts Payable and Accrued Expenses$479,591$211,441▼ $268,150
Total Liabilities$971,154$1,094,225▲ $123,071
Net Assets / Fund Balance
Net Assets With Donor Restrictions$71,290$0▼ $71,290
Net Assets Without Donor Restrictions$-296,118$-553,948▼ $257,830
Total Net Assets Fund Balance$-224,828$-553,948▼ $329,120
Total Liabilities and Net Assets / Fund Balance$746,326$540,277▼ $206,049
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Diane WilliamsCo-chair
Bo KempCEO&president From 4/1/22
Robert WeissbourdInterim President Until 3/31/22
Craig HowardDirector
David AbshireDirector
David AgostoDirector
David DoigDirector
Dr Cheryl GreenDirector
Felicia HardyDirector
Frank M ClarkDirector
Irene SherrDirector
Jeff AllenDirector
Kristi DelaurentiisDirector
Nancy WilsonDirector
Nathaniel K SuttonDirector
Rick ReinboldDirector
Steve KochDirector
Tim HillDirector
Vernard Alsberry JrDirector
Elizabeth CastanedaSecretary
Lyneir RichardsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,511,111
Program Service Revenue
$0
Investment Income
$66
Other Revenue
$120,000
All Other Contributions
$496,500
Change in Net Assets
$-329,120

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,631,177
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,631,177
Total Revenue per Form 990
$1,631,177
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,749,055
Salaries, Compensation, and Employee Benefits$211,242
Total Fundraising Expense$18,180
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,148,412$416,075$17,633$1,582,120
Other Salaries and Wages$77,868$116,796-$194,664
Advertising$45,716$23,179-$68,895
Fees for Services Accounting$32,181$11,659$495$44,335
Payroll Taxes$6,631$9,947-$16,578
Insurance$242$13,018-$13,260
Information Technology$3,389$7,846-$11,235
Occupancy$5,137$5,846-$10,983
Travel-$6,993-$6,993
Office Expenses$1,843$4,636-$6,479
Fees for Services Legal$3,401$1,232$52$4,685
Other Expenses-$70-$70
Total Functional Expenses$1,324,820$617,297$18,180$1,960,297

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,960,297
Total Expenses per Audited Statements$1,960,297
Total Expenses per Form 990$1,960,297
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-RW VENTURES LLC IS 100% OWNED BY ROBERT WEISSBOURDRw Ventures LLC Provided Management and Consulting Services for the Organization.No$380,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Rw Ventures LLC$837,143
Due to Ssmma$45,641
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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 A, Line 2

“Lyneir richardson and robert weissbourd - business relationship”

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

“The controller and ceo the review the draft form 990 prepared by an cpa firm, and then send the return to the finance committee and board for their review.”

Form 990, Part VI, Section B, Line 12C

“Board members were asked to identify any conflicts of interest at the time of board formation and the process will be repeated in 2021.”

Form 990, Part VI, Section C, Line 19

“Documents and financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Southland Development Authority Nfp
EIN
84-2818243
Phone
7087226070
Address
17730 OAK PARK AVE NO D, TINLEY PARK, IL 60477

Signing Officer

Name
Bo Kemp
Title
CEO & President
Phone
7087226070
Signed
2023-06-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bo Kemp
Formed
2019
Legal Domicile
Il
Voting Board Members
19
Independent Board Members
18
Employees
4
Volunteers
0

Preparer

Firm
Mitchell & Titus Llp
Address
80 PINE STREET, NEW YORK, NY 10005
Preparer
Frederick E Davis Jr
Phone
2127094500
Supplemental Narrative

Additional Explanations

Form 990, Amended Return

“Southland development authority nfp is filing an amended tax return to reflect audited financial statements for the tax years ending june 30,2020 and june 30,2021. Form 990 was originally prepared using a draft version of the financial statements that was available at the time the return was filed. Changes were made to the balance sheet, statement of revenue, and statement of functional expenses.”

Form 990, Part IX, Line 11G

“Contractor & professional fees: program service expenses 860,590. Management and general expenses 311,795. Fundraising expenses 13,214. Total expenses 1,185,599. Contractor payroll: program service expenses 286,173. Management and general expenses 103,682. Fundraising expenses 4,394. Total expenses 394,249. Payroll services: program service expenses 1,649. Management and general expenses 598. Fundraising expenses 25. Total expenses 2,272.”

Raw XML AppendixShowing 400 of 503 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0479591
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0211441
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE SOUTHLAND DEVELOPMENT AUTHORITY (SDA) WAS LAUNCHED IN 2019 WITH A MISSION TO COLLABORATIVELY DESIGN AND SUPPORT IMPLEMENTATION OF COMPREHENSIVE, TRANSFORMATIVE, INCLUSIVE ECONOMIC GROWTH IN COOK COUNTY'S SOUTH SUBURBS. SDA SEEKS TO RE-ESTABLISH THE SOUTHLAND AS A MAJOR HUB OF ECONOMIC ACTIVITY, REVITALIZING THE AREA AS A UNIQUE SET OF COMMUNITIES THAT CELEBRATES AND ENGAGES ITS RICH HISTORY AND DIVERSITY. INCLUSIVE ECONOMIC GROWTH HAS BEEN A FOUNDING PRINCIPLE OF THE SDA, INFORMING ALL OF ITS PROGRAMS AND ACTIVITIES WITH A FOCUS ON THE FOLLOWING DIMENSIONS:1.OWNERSHIP - GROWING BUSINESS AND REAL ESTATE OWNERSHIP BY PEOPLE OF COLOR.2.EMPLOYMENT - INCREASING THE EMPLOYMENT OF WORKERS OF COLOR IN QUALITY JOBS WITH STRONG CAREER LADDER.3.LOCATION AND ACCESS - ENSURING DISADVANTAGED POPULATIONS CAN LIVE NEAR JOB CENTERS.4.PARTICIPATION - GROWING DIVERSE REPRESENTATION AT THE RELEVANT PRIVATE, PUBLIC AND CIVIC SECTOR "TABLES," WHERE GROWTH STRATEGIES ARE SHAPED AND IMPLEMENTED.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt023179
IRS990/AdvertisingGrp/ProgramServicesAmt045716
IRS990/AdvertisingGrp/TotalAmt068895
IRS990/AllOtherContributionsAmt0496500
IRS990/AmendedReturnInd0X
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/PersonNm0BO KEMP
IRS990/BooksInCareOfDetail/PhoneNum07087226070
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt017730 OAK PARK AVE SUITE D
IRS990/BooksInCareOfDetail/USAddress/CityNm0TINLEY PARK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060477
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd01
IRS990/CashNonInterestBearingGrp/BOYAmt0183460
IRS990/CashNonInterestBearingGrp/EOYAmt086859
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01511111
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt066
IRS990/CYOtherExpensesAmt01749055
IRS990/CYOtherRevenueAmt0120000
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-329120
IRS990/CYSalariesCompEmpBnftPaidAmt0211242
IRS990/CYTotalExpensesAmt01960297
IRS990/CYTotalFundraisingExpenseAmt018180
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01631177
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE SDA BUSINESS GROWTH SERVICES (BGS) PROGRAM PROVIDES TARGETED, INDUSTRY-SPECIFIC, TECHNICAL AND FINANCIAL SUPPORT TO BUSINESSES THROUGH AN ENTENSIVE AND SOPHISTICATED NETWORK OF PARTNER ORGANIZATIONS, EXPERT MENTORS AND SPECIALISTS. THE BGS PROGRAM HAD PROVIDED OUTREACH TO OVER 10,000 COMPANIES IN THE SOUTHLAND, AND SUPPORTED OVER 500 - WITH 125 PREPARING FOR, RECEIVING, OR HAVING RECEIVED MENTORSHIP. THE PROGRAM SEEKS TO BUILD ON THIS SUCCESS, SPECIFICALLY DEMONSTRATING A GROWTH IN BUSINESS REVENUE AND EMPLOYMENT OVER TIME FOR THE BUSINESSES THAT RECEIVE SDA MENTORSHIP SERVICES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt071290
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01157350
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/FundraisingAmt0495
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt011659
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt032181
IRS990/FeesForServicesAccountingGrp/TotalAmt044335
IRS990/FeesForServicesLegalGrp/FundraisingAmt052
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01232
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt03401
IRS990/FeesForServicesLegalGrp/TotalAmt04685
IRS990/FeesForServicesOtherGrp/FundraisingAmt017633
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0416075
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01148412
IRS990/FeesForServicesOtherGrp/TotalAmt01582120
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt54.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt142.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt154.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt174.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt184.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt194.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt201.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/PersonNm0DAVID ABSHIRE
IRS990/Form990PartVIISectionAGrp/PersonNm1DAVID AGOSTO
IRS990/Form990PartVIISectionAGrp/PersonNm2JEFF ALLEN
IRS990/Form990PartVIISectionAGrp/PersonNm3VERNARD ALSBERRY JR
IRS990/Form990PartVIISectionAGrp/PersonNm4FRANK M CLARK
IRS990/Form990PartVIISectionAGrp/PersonNm5KRISTI DELAURENTIIS
IRS990/Form990PartVIISectionAGrp/PersonNm6DAVID DOIG
IRS990/Form990PartVIISectionAGrp/PersonNm7FELICIA HARDY
IRS990/Form990PartVIISectionAGrp/PersonNm8TIM HILL
IRS990/Form990PartVIISectionAGrp/PersonNm9CRAIG HOWARD
IRS990/Form990PartVIISectionAGrp/PersonNm10STEVE KOCH
IRS990/Form990PartVIISectionAGrp/PersonNm11DR CHERYL GREEN
IRS990/Form990PartVIISectionAGrp/PersonNm12RICK REINBOLD
IRS990/Form990PartVIISectionAGrp/PersonNm13NANCY WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm14LYNEIR RICHARDSON
IRS990/Form990PartVIISectionAGrp/PersonNm15DIANE WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm16NATHANIEL K SUTTON
IRS990/Form990PartVIISectionAGrp/PersonNm17BO KEMP
IRS990/Form990PartVIISectionAGrp/PersonNm18ELIZABETH CASTANEDA
IRS990/Form990PartVIISectionAGrp/PersonNm19ROBERT WEISSBOURD
IRS990/Form990PartVIISectionAGrp/PersonNm20IRENE SHERR
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt15CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17CEO&PRESIDENT FROM 4/1/22
IRS990/Form990PartVIISectionAGrp/TitleTxt18SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt19INTERIM PRESIDENT UNTIL 3/31/22
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02019
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt019
IRS990/GovernmentGrantsAmt01014611
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01631177
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt07846
IRS990/InformationTechnologyGrp/ProgramServicesAmt03389
IRS990/InformationTechnologyGrp/TotalAmt011235
IRS990/InsuranceGrp/ManagementAndGeneralAmt013018
IRS990/InsuranceGrp/ProgramServicesAmt0242
IRS990/InsuranceGrp/TotalAmt013260
IRS990/InvestmentIncomeGrp/ExclusionAmt066
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt066
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE SOUTHLAND DEVELOPMENT AUTHORITY (SDA) WAS LAUNCHED IN 2019 WITH A MISSION TO COLLABORATIVELY DESIGN AND SUPPORT IMPLEMENTATION OF COMPREHENSIVE, TRANSFORMATIVE, INCLUSIVE ECONOMIC GROWTH IN COOK COUNTY'S SOUTH SUBURBS. SDA SEEKS TO RE-ESTABLISH THE SOUTHLAND AS A MAJOR HUB OF ECONOMIC ACTIVITY, REVITALIZING THE AREA AS A UNIQUE SET OF COMMUNITIES THAT CELEBRATES AND ENGAGES ITS RICH HISTORY AND DIVERSITY. INCLUSIVE ECONOMIC GROWTH HAS BEEN A FOUNDING PRINCIPLE OF THE SDA, INFORMING ALL OF ITS PROGRAMS AND ACTIVITIES WITH A FOCUS ON THE FOLLOWING DIMENSIONS:1.OWNERSHIP - GROWING BUSINESS AND REAL ESTATE OWNERSHIP BY PEOPLE OF COLOR.2.EMPLOYMENT - INCREASING THE EMPLOYMENT OF WORKERS OF COLOR IN QUALITY JOBS WITH STRONG CAREER LADDER.3.LOCATION AND ACCESS - ENSURING DISADVANTAGED POPULATIONS CAN LIVE NEAR JOB CENTERS.4.PARTICIPATION - GROWING DIVERSE REPRESENTATION AT THE RELEVANT PRIVATE, PUBLIC AND CIVIC SECTOR "TABLES," WHERE GROWTH STRATEGIES ARE SHAPED AND IMPLEMENTED.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-224828
IRS990/NetAssetsOrFundBalancesEOYAmt0-553948
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-296118
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-553948
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt05846
IRS990/OccupancyGrp/ProgramServicesAmt05137
IRS990/OccupancyGrp/TotalAmt010983
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04636
IRS990/OfficeExpensesGrp/ProgramServicesAmt01843
IRS990/OfficeExpensesGrp/TotalAmt06479
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BANK FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt070
IRS990/OtherExpensesGrp/TotalAmt070
IRS990/OtherLiabilitiesGrp/BOYAmt0491563
IRS990/OtherLiabilitiesGrp/EOYAmt0882784
IRS990/OtherRevenueMiscGrp/BusinessCd0310000
IRS990/OtherRevenueMiscGrp/Desc0FEE FOR SERVICE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0120000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0120000
IRS990/OtherRevenueTotalAmt0120000
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0116796
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt077868
IRS990/OtherSalariesAndWagesGrp/TotalAmt0194664
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09947
IRS990/PayrollTaxesGrp/ProgramServicesAmt06631
IRS990/PayrollTaxesGrp/TotalAmt016578
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0535339
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0439168
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt027527
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt014250
IRS990/PrincipalOfficerNm0BO KEMP
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0THE CAPITAL PROGRAM INCLUDES EQUITY AND DEBT OPPORTUNITIES TO SUPPORT SOUTHLAND BUSINESSES. THE SDA LAUNCHED AN ONLINE PLATFORM TO SUPPORT LOAN FACILITATION FOR SMALL BUSINESSES AS WELL AS DEVELOPED THE DIVERSE OWNERS PROGRAM INITIATIVE TO SUPPORT ENTREPRENEURS LOOKING TO ACQUIRE A SOUTHLAND BASED BUISINESS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt092470
IRS990/ProgSrvcAccomActy3Grp/Desc0THE SDA METALS HUB WILL GROW REVENUE FOR METALS, MANUFACTURING AND EQUIPMENT (MM&E) FIRMS IN THE REGION COLLABORATIVELY BY CREATING AND HARNESSING THE MOST ACCESSIBLE, CAPABLE, AND COMPETITIVE METAL FABRICATION SUPPLY CHAINS IN THE U.S. TO DELIVER NEW REGIONAL REVENUE AND GROWTH. IN ADDITION, IT WILL GUIDE SOUTHLAND MM&E FIRMS TOWARDS INCREASED SPEED, QUALITY, AND RAPID CUSTOMIZATION OF ADVANCED MANUFACTURING. THE FOUNDING CORPORATE PARTNERS OF THE METAL HUB HAVE RECENTLY LAUNCHED THEIR REPORTS TO SOLICIT NEW MANUFACTURING BUSINESS TO THE SOUTHLAND AREA.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt075000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01670189
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt08
IRS990/PYOtherExpensesAmt02040581
IRS990/PYOtherRevenueAmt020400
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-374376
IRS990/PYSalariesCompEmpBnftPaidAmt024392
IRS990/PYTotalExpensesAmt02064973
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01690597
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-329120
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0120066
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01511111
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01958218
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0605000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04074329
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt066
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt08
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt074
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0120000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0120000
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt066
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt08
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt074
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt04194329
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01631111
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01958218
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0605000
IRS990ScheduleA/Total509Grp/TotalAmt04194329
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01631177
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01958226
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0605000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04194403
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/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01960297
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0837143
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt145641
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RW VENTURES LLC
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO SSMMA
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01631177
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01960297
IRS990ScheduleD/TotalLiabilityAmt0882784
IRS990ScheduleD/TotalRevenuePerForm990Amt01631177
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01631177
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01960297
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0RW VENTURES LLC

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$496,367
Liabilities
$1,045,459
Net assets
-$549,092
Revenue
$1,633,064
Expenses
$1,955,505
Net income
-$322,441
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.62$0.53$0.09$3.59$3.49$0.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.22$1.22$0.00$2.42$1.86$0.55
2021Detailed filing. Detailed filing data is available for this year.$0.50$1.05$0.55$1.63$1.96$0.32
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.02$0.95$0.07$1.96$2.04$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.29$0.15$0.61$0.46$0.15