NonprofitsChicago Southland Economic Development Corporation

Community Improvement & Capacity Building

Chicago Southland Economic Development Corporation

E HAZEL CREST, IL

Total revenue

$270K

Total expenses

$261K

Net assets

$604K

Grants received

$965K

5 grants

EIN

364248732

Tax year

2024

Mission

The chicago southland economic development corporation has made substantial progress in advancing key economic initiatives, strengthening industry relationships, and supporting both businesses and workforce development. By continuing to drive investment, innovation, and infrastructure improvements, csedc remains committed to fostering sustainable economic growth and enhancing the prosperity of the southland region.

Programs

1 program

Engaging youth through stem and workforce development- recognizing the importance of workforce development, csedc continued its efforts to connect local businesses with high school students through the southworks engineering and robotics competition. This year-long program provided hands-on experience and exposure to stem-related fields, with over 500 high school students participating. The initiative not only fostered innovation and technical skills among students but also strengthened the pipeline for future talent in the region's engineering and technology sectors.

Expenses: $35K

Financials

FY 2024

Revenue

Contributions & grants$217K
Program service revenue$52K
Investment income$15
Other revenue$2K
Total revenue$270K

Expenses

Grants paid
Salaries & benefits$36K
Fundraising
Other expenses$225K
Total expenses$261K
Total assets$604K
Net assets$604K

People

9 listed

NameRoleCompensation

REGGIE GREENWOOD

EXECUTIVE DI

Board

$36K

10 hrs/wk

MONICA GORDON

TRUSTEE

Board

2 hrs/wk

JOSEPH ROUDEZ III

TRUSTEE

Board

2 hrs/wk

EDWARD PAESEL

SECRETARY

Board

2 hrs/wk

RICHARD REINBOLD

VICE PRESIDE

Board

2 hrs/wk

MARY SCHMIDT

TRUSTEE

Board

2 hrs/wk

MICHAEL SCHOLEFIELD

CHAIRMAN

Board

2 hrs/wk

TAWNY SMITH

TRUSTEE

Board

2 hrs/wk

MARK THOMPSON

TREASURER

Board

2 hrs/wk

Grants received

Showing 5 of 5

FromAmountPurposeYear
$100K
PROGRAMMATIC GRANT
2022
$15K
SMALL BUSINESS ASSISTANCE GRANTS
2022
$400K
In support of the purchase and construction costs associated with the renovation of 4343 Ascending House located at 4343 Lincoln Highway in Matteson I.
2021
$400K
In support of the purchase and construction costs associated with the renovation of 4343 Ascending House located at 4343 Lincoln Highway in Matteson I.
2021
$50K
To support Ecommerce education in southwest suburban region of Cook and Will county.
2020

Funded by

$965K from 3 funders · 5 grants · 2020–2022

The Chicago Community Trust

$800K · 2 grants · 2021

Nicor Illinois Community Investment

$150K · 2 grants · 2020–2022

Details

EIN364248732
NTEE codeS30
Subsection03
Ruling date1999-05
Formed1998
Employees0
CHICAGO SOUTHLAND ECONOMIC DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo