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EIN 27-1832686

Chicago Neighborhood Initiatives

IRS 501(c) type
501(c)(3)
Num. employees
14
City
Chicago
State
Illinois
Year formed
2010
Most recent tax filings
2023-06-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
Chicago Neighborhood Initiatives generates economic development and combats community deterioration in low-income communities. The organization functions as a developer of large retail and industrial sites in economically distressed neighborhoods in Chicago to provide employment opportunities and access to fresh foods. Additionally, CNI manages the new market tax credits for a subsidiary that promotes private investment in projects within economically distressed neighborhoods throughout the city.
Total revenues
$3,776,635
2023
Total expenses
$4,577,556
2023
Total assets
$26,603,069
2023
Num. employees
14
2023

Program areas at Chicago Neighborhood Initiatives

Real estate development: developer of large retail and industrial sites, and affordable housing in economically distressed neighborhoods in Chicago in order to bring much needed jobs and housing to communities.
New market tax credits: manages the nmtc to encourage private investment in projects in economically distressed neighborhoods throughout Chicago.

Who funds Chicago Neighborhood Initiatives

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Chicago Community TrustIn Support of the Bronzeville Performing Arts Complex.$1,100,000
John D and Catherine T Macarthur FoundationIn Support of Place-Based Community Economic Development in the Roseland Neighborhood of Chicago$250,000
The Blackbaud Giving FundGeneral Support$10,000
...and 1 more grant received

Personnel at Chicago Neighborhood Initiatives

NameTitleCompensation
Jenn BransfieldChief Operating Officer and General Counsel
Annette WashingtonVice President of Finance$156,516
David DoigPresident$284,731
Kimberly MorrisDirector of Real Estate and Community Development$110,729
Jennifer BransfieldGeneral Counsel$229,767
...and 9 more key personnel

Financials for Chicago Neighborhood Initiatives

RevenuesFYE 06/2023
Total grants, contributions, etc.$2,225,872
Program services$1,342,416
Investment income and dividends$55,183
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-225,377
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-188,133
Miscellaneous revenues$566,674
Total revenues$3,776,635

Form 990s for Chicago Neighborhood Initiatives

Fiscal year endingDate received by IRSFormPDF link
2023-062024-02-29990View PDF
2022-062023-02-23990View PDF
2021-062021-12-22990View PDF
2020-062021-04-13990View PDF
2019-062020-10-08990View PDF
...and 9 more Form 990s
Data update history
May 21, 2024
Updated personnel
Identified 1 new personnel
January 3, 2024
Received grants
Identified 4 new grant, including a grant for $1,100,000 from The Chicago Community Trust
June 27, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 14, 2023
Received grants
Identified 3 new grant, including a grant for $80,000 from The Chicago Community Trust
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Operates donor advised fundsState / local levelReceives government fundingTax deductible donations
General information
Address
1000 E 111th St - 10th Floor
Chicago, IL 60628
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
cnigroup.org/ 
Phone
(773) 341-2067
Facebook page
chicago-neighborhood-initiatives 
IRS details
EIN
27-1832686
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2010
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Central organization
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