EIN 81-3276803

Greater Chatham Initiative

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2016
Most recent tax filings
2023-12-01
Description
GCI implements housing, business development, and public safety strategies in Chicago's African-American neighborhoods of Avalon Park, Auburn Gresham, Chatham, and Greater Grand Crossing.
Total revenues
$1,348,395
2023
Total expenses
$1,793,376
2023
Total assets
$995,373
2023
Num. employees
0
2023

Program areas at Greater Chatham Initiative

All other program services
Workforce Development are activities providing career pathways for residents to keep or maintain living wage/middle-skill jobs. We have held or co-produced six job fairs that led to dozens of pre-Pandemic job placements. Most recently we have fought hard to secure 5 workers for local restaurants.
Housing Development is a key Greater Chatham Initiative goal - both attracting new and retaining existing renters and homeowners. GCI, is a Community Partner for the City of Chicago Micro Market Recovery Program. Greater Chatham Initiative has helped reduce the vacancy rate in our 110-block MMRP area from 8% to 5% by (117 properties reoccupied), helped residents secure $260,000 in housing improvement grants, assisted 4 families in obtaining Wills and Transfer On Death Instruments, and carried out numerous block cleanups. While doing this work Greater Chatham has gained valuable insight on drivers of vacancies and what tools solve the problems.Three years prior to the Pandemic, Greater Chatham Initiative conducted summer home buyer tours, and held the following mentioned tactical activation activities such as Dining on the 5, 75th Street Boardwalk to bring visitors to and acquaint them with the area. Greater Chatham Initiative provided booklets that extolled our excellent public and charter schools. The multi-prong efforts paid off. Greater Chatham is a modest growth area that is not experiencing gentrification despite its substantial median housing sales price increase of 41% for 14-unit properties 2019 to 2020. Chatham is one of the few Black neighborhoods where the population increased 2% from 2010 to 2020, and the homeownership rate increased 1.8%.

Who funds Greater Chatham Initiative

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Chicago Community TrustGeneral Operating Support$261,500
John D and Catherine T Macarthur FoundationIn Support of Place-Based Community Economic Development in Chatham and Neighboring Communities in Chicago$250,000
Local Initiatives Support CorporationSee Part Iv$105,450
...and 6 more grants received

Personnel at Greater Chatham Initiative

NameTitleCompensation
Nedra Sims FearsExecutive Director$0
John HandlerIndustrial Cluster Manager

Financials for Greater Chatham Initiative

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,287,321
Program services$9,167
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
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$0
Miscellaneous revenues$51,907
Total revenues$1,348,395

Form 990s for Greater Chatham Initiative

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-08990View PDF
2022-122023-11-08990View PDF
2021-122022-08-30990View PDF
2020-122022-01-31990View PDF
2020-122021-11-11990View PDF
...and 4 more Form 990s
Data update history
January 13, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 6, 2025
Received grants
Identified 3 new grant, including a grant for $250,000 from John D and Catherine T MacArthur Foundation
September 21, 2024
Received grants
Identified 2 new grant, including a grant for $261,500 from The Chicago Community Trust
May 18, 2024
Received grants
Identified 3 new grant, including a grant for $139,187 from Local Initiatives Support Corporation
March 21, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Social advocacy organizationsBusiness and community development organizationsCharities
Issues
Community improvement
Characteristics
State / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
640 E 79th St Chicago
Chicago, IL 60619
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
greaterchathaminitiative.org/contact-us/ 
Phone
(773) 644-1451
IRS details
EIN
81-3276803
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2016
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S00: Community Improvement, Capacity Building: General
NAICS code, primary
813312: Environment, Conservation, and Wildlife Organizations
Parent/child status
Independent
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