Southland Development Authority Nfp

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

EIN: 842818243 ✦ Tinley park, IL ✦ Designated as a 501(c)(3)

Overview

What is Southland Development Authority Nfp?

Southland Development Authority Nfp, established in 2019, is a nonprofit organization dedicated to fostering inclusive economic growth in Cook County's South Suburbs. Their mission is to revitalize the area as a vibrant hub of activities, celebrating its rich history and diversity. They focus on four key dimensions: ownership, employment, location and access, and participation, aiming to increase business and real estate ownership by people of color, improve employment opportunities for workers of color, ensure disadvantaged populations live near job centers, and promote diverse representation in relevant sectors. Through their Business Growth Services (BGS) program, they offer targeted support to businesses, reaching over 10,000 companies and assisting more than 500, with 125 preparing for or receiving mentorship, resulting in growth in business revenue and employment over time.


Official website here: www.southlanddevelopment.org/

Is Southland Development Authority Nfp legitimate?

Southland Development Authority Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southland Development Authority Nfp 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $68,959

For more financial information, click here


Official website here: www.southlanddevelopment.org/

What is the mission statement of Southland Development Authority Nfp?

The Southland Development Authority (SDA), established in 2019, aims to collaboratively design and support the implementation of comprehensive, transformative, and inclusive economic growth in Cook County's south suburbs. Their mission is to revitalize the area, establishing the Southland as a significant hub of economic activity. This revitalization involves celebrating and engaging the region's rich history and diversity. Inclusive economic growth is a guiding principle for SDA, shaping all their programs and activities. They focus on four key dimensions: 1. Ownership: promoting business and real estate ownership by people of color. 2. Employment: increasing the employment of workers of color in quality jobs with strong career ladders. 3. Location and Access: ensuring disadvantaged populations can live near job centers. 4. Participation: growing diverse representation at relevant private, public, and civic sector tables where growth strategies are shaped and implemented. By focusing on these areas, the Southland Development Authority aims to re-establish the Southland as a vibrant and inclusive economic hub.


Official website here: www.southlanddevelopment.org/

Who is the CEO of Southland Development Authority Nfp?

Bo Kemp is the Vice President of Southland Development Authority Nfp. The CEO's salary of Southland Development Authority Nfp is $0 and their total compensation is $0.


Official website here: www.southlanddevelopment.org/

What is the revenue of Southland Development Authority Nfp?

Southland Development Authority Nfp's revenue in 2022 was $2,417,391.


Official website here: www.southlanddevelopment.org/

Who are the executives of Southland Development Authority Nfp and what are their salaries?

The average compensation at Southland Development Authority Nfp during 2022 was $11,493. There are 6 employees and 19 volunteers at Southland Development Authority Nfp.

Here are 20 key members and their salaries (Southland Development Authority Nfp's CEO's salary is $0 and their total compensation is $0):

    Irene Sherr (Director)
  • Compensation: $250,000
  • Related: $0
  • Other: $0

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

    • David Agosto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vernard Alsberry Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank M Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristi Delaurentiis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Doig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Felicia Hardy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Hill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Craig Howard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Koch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Cheryl Green (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Nancy Wilson (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lyneir Richardson (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Diane Williams (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nathaniel K Sutton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bo Kemp (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Weissbourd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.southlanddevelopment.org/

    Where can I find the form 990 for Southland Development Authority Nfp?

    The Southland Development Authority Nfp’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.southlanddevelopment.org/

    Learn more at the official website: www.southlanddevelopment.org/

    Mission Statement of Southland Development Authority Nfp

    The Southland Development Authority Nfp, established in 2019, is committed to collaboratively designing and supporting the implementation of comprehensive, transformative, and inclusive economic growth in Cook County's south suburbs. Their mission is to re-establish the Southland as a significant hub of economic activity, revitalizing it as a unique set of communities that celebrate and engage its rich history and diversity. The organization believes in promoting inclusive economic growth, which serves as the foundation for all its programs and activities. This approach focuses on four key dimensions:

    1. Ownership: Southland Development Authority Nfp aims to foster business and real estate ownership among people of color, encouraging growth and empowerment in these communities.

    2. Employment: The organization strives to increase employment opportunities for workers of color in quality jobs with strong career ladders, ensuring equitable access to professional advancement.

    3. Location and Access: Southland Development Authority Nfp works towards ensuring that disadvantaged populations can reside near job centers, thereby promoting accessibility and convenience.

    4. Participation: The organization is dedicated to growing diverse representation at relevant private, public, and civic sector "tables," where growth strategies are shaped and implemented. This active participation encourages a more inclusive and equitable decision-making process.

    In summary, Southland Development Authority Nfp is an organization that seeks to revitalize and reposition the Southland as a major hub of economic activity, with a strong focus on promoting inclusive growth and fostering equity in ownership, employment, location, and representation.

    Impact

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




    Saturday, July 20, 2024

    Southland Development Authority Nfp's impact can be seen in its efforts to drive comprehensive, transformative, and inclusive economic growth in Cook County's South Suburbs. By focusing on dimensions like ownership, employment, location, and participation, the organization aims to re-establish the Southland as a thriving economic hub while celebrating its rich history and diversity.

    Through programs like the Business Growth Services (BGS) program, which offers targeted support to businesses through mentorship and technical assistance, the SDA has reached out to over 10,000 companies in the Southland area. With over 500 businesses supported and 125 either receiving or preparing for mentorship, the SDA is actively working towards increasing business revenue and employment opportunities for the local community.

    Overall, the SDA's commitment to inclusive economic growth and community improvement is making a tangible impact by empowering businesses, promoting diversity, and revitalizing the South Suburbs as a vibrant and prosperous region.





    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: $55
  • Program Service Revenue: $0
  • Gross Receipts: $2,417,391

    • Assets and Liabilities:
  • Total Assets: $1,221,365
  • Total Liabilities: $1,220,724
  • Net Assets: $641
  • Organization Details

    Founding Year

    2019

    Principal Officer

    Bo Kemp

    Main Address

    17730 OAK PARK AVE NO D, TINLEY PARK, IL, 60477

    NTEE Category

    Code: S31 - Community improvement

    If you are a representative of Southland Development Authority Nfp 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.