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Nonprofits›Southland Development Authority Nfp

Southland Development Authority Nfp

TINLEY PARK, IL

Website

Total revenue

$3.6M

Total expenses

$3.5M

Net assets

$86K

Grants received

$3.6M

13 grants

EIN

842818243

Tax year

2024

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.

Programs

2 programs

The 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.

Expenses: $136K

The 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.

Expenses: $391K

Financials

FY 2024

Revenue

Contributions & grants$2.3M

Program service revenue$1.3M

Investment income$2K

Other revenue$37K

Total revenue$3.6M

Expenses

Grants paid—

Salaries & benefits$1.6M

Fundraising$3K

Other expenses$1.9M

Total expenses$3.5M

Total assets$616K

Net assets$86K

People

20 listed

NameRoleCompensation

JOHN BO KEMP

CEO

Board

$244K

40 hrs/wk

DAVID AGOSTO

DIRECTOR

Board

—

1 hrs/wk

JEFF ALLEN

DIRECTOR

Board

—

1 hrs/wk

VERNARD ALSBERRY JR

DIRECTOR

Board

—

2 hrs/wk

FRANK M CLARK

DIRECTOR

Board

—

1 hrs/wk

KRISTI DELAURENTIIS

DIRECTOR

Board

—

4 hrs/wk

DAVID DOIG

DIRECTOR

Board

—

1 hrs/wk

FELICIA HARDY

DIRECTOR

Board

—

2 hrs/wk

TIM HILL

DIRECTOR

Board

—

1 hrs/wk

CRAIG HOWARD

DIRECTOR

Board

—

1 hrs/wk

STEVE KOCH

DIRECTOR

Board

—

1 hrs/wk

DR CHERYL GREEN

DIRECTOR

Board

—

1 hrs/wk

RICK REINBOLD

DIRECTOR

Board

—

1 hrs/wk

NANCY WILSON

SECRETARY

Board

—

1 hrs/wk

LYNEIR RICHARDSON

TREASURER

Board

—

3 hrs/wk

DIANE WILLIAMS

CHAIR

Board

—

4 hrs/wk

NATHANIEL K SUTTON

DIRECTOR

Board

—

1 hrs/wk

ROBERT WEISSBOURD

DIRECTOR

Board

—

4 hrs/wk

DAVID ABSHIRE

VICE PRESIDENT

Board

—

1 hrs/wk

IRENE SHERR

DIRECTOR

Board

—

1 hrs/wk

Independent contractors

MITCHELL & TITUS LLP

AUDIT/TAX SERVICES

$121K

JEAN POGGE

INTERIM PRESIDENT

$110K

NICHOLAS GREIFER

DIRECTOR MUNI CONSULTING

$101K

Grants received

Showing 13 of 13

FromAmountPurposeYear

JOHN D AND CATHERINE T MACARTHUR

$250K

IN SUPPORT OF PLACE-BASED COMMUNITY ECONOMIC DEVELOPMENT IN THE SOUTHLAND REGION OF CHICAGOLAND

2024

WOMEN'S BUSINESS DEVELOPMENT CENTER

$260K

BUSINESS SUPPORT ORGANIZATIONS PROVIDING TECHNICAL ASSISTANCE TO ENTREPRENEURS.

2023

JOHN D AND CATHERINE T MACARTHUR

$250K

in support of place-based community economic development in the Southland region of Chicagoland

2023

The Chicago Community Trust

$140K

General support for programs, operations and other charitable purposes

2023

NICOR ILLINOIS COMMUNITY INVESTMENT

$100K

GENERAL OPERATING GRANT

2023

Chicago Food Policy Action Council

$40K

Pass through funding for Technical Assistance

2023

The Chicago Community Trust

$875K

The purpose of this grant is to support the construction of a medical facility owned and operated by Dardur Medical Group at 1771 Sauk Trail Road.

2022

JOHN D AND CATHERINE T MACARTHUR

$250K

in support of place-based community economic development in the South Suburbs of Chicago

2022

WOMEN'S BUSINESS DEVELOPMENT CENTER

$204K

BUSINESS SUPPORT ORGANIZATIONS PROVIDING TECHNICAL ASSISTANCE TO ENTREPRENUERS.

2022

The Chicago Community Trust

$425K

In support of its Stimulus Program planning phase. In support of Southland Small Businesses. In support of Southland Development Authority general operations, from the Searle Funds at the Chicago Community Trust.

2021

The Chicago Community Trust

$425K

2021

WOMEN'S BUSINESS DEVELOPMENT CENTER

$40K

BUSINESS SUPPORT ORGANIZATIONS PROVIDING TECHNICAL ASSISTANCE TO ENTREPRENUERS.

2021

The Chicago Community Trust

$375K

TO SUPPORT STIMULUS PROGRAM, AND SOUTHLAND DEVELOPMENT AUTHORITY

2020