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Greater Auburn-Gresham Development Corporation

Greater Auburn-Gresham Development Corporation

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

EIN: 364377387 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Greater Auburn-Gresham Development Corporation?

Greater Auburn-Gresham Development Corporation (GAGDC) is a nonprofit organization situated in Chicago, Illinois, specifically at 1159 West 79th Street. Their primary mission is to stimulate and encourage the regeneration of underprivileged communities, with a particular focus on areas such as Auburn-Gresham, Englewood, and Grand Crossing. By employing comprehensive community development strategies, GAGDC engages local residents and other stakeholders in the creation of a Quality of Life Plan. This plan harmoniously integrates existing and future initiatives, attracting enhanced services and opportunities for the community. GAGDC's dedicated workforce of 50 individuals strives to foster and promote the revitalization of these communities, ultimately improving the lives of its residents.


Is Greater Auburn-Gresham Development Corporation legitimate?

Greater Auburn-Gresham Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Auburn-Gresham Development Corporation 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: $241,298
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,637,495

For more financial information, click here


What is the mission statement of Greater Auburn-Gresham Development Corporation?
Who is the CEO of Greater Auburn-Gresham Development Corporation?
What is the revenue of Greater Auburn-Gresham Development Corporation?
Who are the executives of Greater Auburn-Gresham Development Corporation and what are their salaries?
Where can I find the form 990 for Greater Auburn-Gresham Development Corporation?

Mission Statement of Greater Auburn-Gresham Development Corporation

Greater Auburn-Gresham Development Corporation, or GADC, is committed to fostering and promoting the revitalization of specific community areas, which include Auburn-Gresham, Englewood, and Grand Crossing. Their mission is to integrate existing and planned activities, attract improved services, and provide opportunities for the betterment of low-to-moderate income communities. To achieve this goal, GADC engages residents and other community stakeholders to develop a Quality of Life Plan, working collaboratively to enhance the overall well-being and livability of these neighborhoods.

Impact

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




Thursday, August 15, 2024

The Greater Auburn-Gresham Development Corporation works to foster and promote revitalization in the communities it serves, including Auburn-Gresham, Englewood, and Grand Crossing in Chicago. By organizing residents and stakeholders to develop comprehensive Quality of Life Plans, the organization integrates existing and planned activities to attract improved services and opportunities for the community. Through its community economic development efforts, the GAGDC aims to address the needs of low-to-moderate income areas and implement strategies for sustainable growth and positive change.





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: $201,497
  • Program Service Revenue: $427,942
  • Gross Receipts: $8,624,870

    • Assets and Liabilities:
  • Total Assets: $37,581,966
  • Total Liabilities: $21,726,491
  • Net Assets: $15,855,475
  • Organization Details

    Founding Year

    2000

    Principal Officer

    Carlos Nelson

    Main Address

    1159 West 79th Street, Chicago, IL, 60620

    NTEE Category

    Code: S41 - Community improvement

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