Program areas at Southland Development Authority NFP
The 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.
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.
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.
Who funds Southland Development Authority NFP
Grants from foundations and other nonprofits
| Grantmaker | Grantmaker tax period | Description | Amount |
|---|
| The Chicago Community Trust | 2022-09 | 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. | $425,000 |
| John D and Catherine T Macarthur Foundation | 2022-12 | In Support of Place-Based Community Economic Development in the South Suburbs of Chicago | $250,000 |
| Womens Business Development Center (WBDC) | 2022-06 | Business Support Organizations Providing Technical Assistance To Entreprenuers. | $40,000 |
Personnel at Southland Development Authority NFP
| Name | Title | Compensation | Date of data |
|---|
| Bo Kemp | Chief Executive Officer and President | $0 | 2023-06-06 |
| Irene Sherr | Director | $250,000 | 2022-12-31 |
| Lyneir Richardson | Treasurer | $0 | 2022-12-31 |
| Diane Williams | Chair | $0 | 2022-12-31 |
| Elizabeth Castaneda | Secretary | $0 | 2021-12-31 |
Financials for Southland Development Authority NFP
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $1,873,200 | $1,511,111 | 24% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $55 | $66 | -16.7% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $544,136 | $120,000 | 353.4% |
| Total revenues | $2,417,391 | $1,631,177 | 48.2% |
Organizations like Southland Development Authority NFP
| Organization | Type | Location | Revenue |
|---|
| Buffalo Urban Development Corporation | 501(c)(3) | Buffalo, NY | $8,441,091 |
| Leesburg Partnership | 501(c)(3) | Leesburg, FL | $1,370,026 |
| Miami Beach Community Development Corporation (MBCDC) | 501(c)(3) | Miami Beach, FL | $2,161,577 |
| Greater Kokomo Economic Development Alliance | 501(c)(3) | Kokomo, IN | $5,785,033 |
| New Season Community Development Corporation | 501(c)(3) | Esparto, CA | $1,488,230 |
| Greater Lafayette Commerce Comm and Economic Development Foundation | 501(c)(3) | Lafayette, IN | $1,986,864 |
| Charleston Redevelopment Corporation | 501(c)(3) | Charleston, SC | $6,079,133 |
| Long Beach Center for Economic Inclusion | 501(c)(3) | Long Beach, CA | $1,407,069 |
| Near West Side Initiative | 501(c)(3) | Syracuse, NY | $843,872 |
| East Tampa Business and Community Development Alliance | 501(c)(3) | Tampa, FL | $3,610,995 |
Data update history
August 1, 2023
Posted financials
Added Form 990 for fiscal year 2020
July 21, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Receives government fundingTax deductible donations
General information
- Address
- 17730 Oak Park Ave No D
- Tinley Park, IL 60477
- Metro area
- Chicago-Naperville-Elgin, IL-IN-WI
- Website URL
- southlanddevelopment.org/Â
- Phone
- (708) 722-6070
IRS details
- EIN
- 84-2818243
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2019
- 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
- Independent
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