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Greater Southwest Development Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 362858304 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Greater Southwest Development Corp?

Greater Southwest Development Corp is a nonprofit organization situated in Chicago, Illinois. Their primary focus is on property management, specifically managing senior housing properties and commercial retail spaces. Their mission is to stimulate the growth and upkeep of a thriving Greater Southwest Chicago community. The corporation serves as a driving force, empowering, constructing, and sustaining development, thereby enhancing the living standards of local residents, businesses, and industries. With a workforce of 38 individuals, Greater Southwest Development Corp plays a significant role in the neighborhood, contributing to its vitality and improvement.


Official website here: www.greatersouthwest.org

Is Greater Southwest Development Corp legitimate?

Greater Southwest Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Southwest Development Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $147,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $819,320

For more financial information, click here


Official website here: www.greatersouthwest.org

What is the mission statement of Greater Southwest Development Corp?

The Greater Southwest Development Corporation serves as a catalyst for fostering a vibrant community in the Greater Southwest Chicago area. Their mission is to empower, construct, and sustain development, which ultimately enhances the quality of life for local residents, businesses, and industries. By promoting and managing senior housing properties and commercial retail spaces, they contribute significantly to the vitality and prosperity of their community.


Official website here: www.greatersouthwest.org

Who is the CEO of Greater Southwest Development Corp?

Adrian Soto is the President of Greater Southwest Development Corp.


Official website here: www.greatersouthwest.org

What is the revenue of Greater Southwest Development Corp?

Greater Southwest Development Corp's revenue in 2022 was $2,786,256.


Official website here: www.greatersouthwest.org

Who are the executives of Greater Southwest Development Corp and what are their salaries?

The average compensation at Greater Southwest Development Corp during 2022 was $25,429. There are 38 employees at Greater Southwest Development Corp.

Here are 11 key members and their salaries:

    Manuel Jimenez (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gintaras Cepenas (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Bartow (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Divalerio (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dennis Ryan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laurie Sedio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nyla Diab (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adrian Soto (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gabriella Barrientos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Guitierrez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bryan Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.greatersouthwest.org

    Where can I find the form 990 for Greater Southwest Development Corp?

    The Greater Southwest Development Corp’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.greatersouthwest.org

    Learn more at the official website: www.greatersouthwest.org

    Mission Statement of Greater Southwest Development Corp

    Greater Southwest Development Corp serves as a catalyst for fostering a vibrant community in Greater Southwest Chicago. Their mission is centered around empowering, constructing, and sustaining development, with the ultimate goal of enhancing the quality of life for the area's residents, businesses, and industries. By actively engaging in property management, specifically managing senior housing properties and commercial retail space, Greater Southwest Development Corp contributes to the overall well-being of the community, ensuring it continues to thrive and prosper.

    Impact

    This information is meant to be a general summary of Greater Southwest Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Greater Southwest Development Corp plays a crucial role in empowering and building a vital community in Greater Southwest Chicago. Through their property management activities, they manage and operate senior housing properties and commercial retail spaces, ultimately contributing to the enhancement of the quality of life for neighborhood residents, businesses, and industries. Their work serves as a catalyst for creating and maintaining a vibrant community where residents and businesses can thrive.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $61,020
  • Program Service Revenue: $140,213
  • Gross Receipts: $2,786,256

    • Assets and Liabilities:
  • Total Assets: $14,051,462
  • Total Liabilities: $5,363,711
  • Net Assets: $8,687,751
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROPERTY MANAGEMENT FEES

    Revenue

    $62,213

    PARTNERSHIP MANAGEMENT FEE

    Revenue

    $78,000

    Organization Details

    Founding Year

    1974

    Principal Officer

    Adrian Soto

    Main Address

    2601 W 63RD ST, CHICAGO, IL, 606291619

    NTEE Category

    Code: S410 - Community improvement

    If you are a representative of Greater Southwest Development Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.