COMMUNITY AND ECONOMIC DEVELOPMENT ASSOCIATION OF COOK COUNTY INC Charity Report

Public IRS 990 nonprofit record

COMMUNITY AND ECONOMIC DEVELOPMENT ASSOCIATION OF COOK COUNTY INC

EIN 36-2597741 · Community & Neighborhood Development (S20)

What they do

CEDA is A COUNTY-WIDE COMMUNITY DEVELOPMENT AGENCY THAT PROVIDES ECONOMIC DEVELOPMENT and HUMAN SERVICES THAT ADDRESS THE NEEDS of SUBURBAN COOK COUNTY and CHICAGO RESIDENTS WORKING IN PARTNERSHIP WITH BUSINESS and GOVERNMENT. CEDA OFFERS EDUCATION, ADVOCACY and DIRECT SERVICES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $96.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders25 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

95.80%of revenue went to mission work96.5% of expenses · Program services

$99.32spent for every $100 of revenueRevenue covered expenses this year.

3.51%of revenue went to management and office costs3.5% of expenses

$0.27in assets for every $1 spent this yearSome assets cannot be spent right away.

98.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $352,807 for HAROLD RICE (PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$168,111,516

Mission workProgram services$161,056,59595.80% of revenue96.5% of expenses

ManagementOffice and general costs$5,906,9143.51% of revenue3.5% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$1,148,0070.68% of revenueShown in gray on the chart

Total expenses$166,963,50999.32% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 96.5% mission · 3.5% management · 0.0% fundraisingTotal expenses: 99.32% of revenue

2023Expense mix: 97.6% mission · 2.4% management · 0.0% fundraisingTotal expenses: 98.92% of revenue

2022Expense mix: 98.3% mission · 1.7% management · 0.0% fundraisingTotal expenses: 98.30% of revenue

2021Expense mix: 98.0% mission · 2.0% management · 0.0% fundraisingTotal expenses: 99.49% of revenue

2020Expense mix: 97.4% mission · 2.6% management · 0.0% fundraisingTotal expenses: 99.05% of revenue

2019Expense mix: 95.9% mission · 4.1% management · 0.0% fundraisingTotal expenses: 98.41% of revenue

2018Expense mix: 96.6% mission · 3.4% management · 0.0% fundraisingTotal expenses: 98.89% of revenue

2017Expense mix: 96.3% mission · 3.7% management · 0.0% fundraisingTotal expenses: 99.36% of revenue

Money in and money out

Revenue$168,111,516

Expenses$166,963,509

Annual surplus $1,148,007 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$161,056,595 · 96.5% of expenses

Management and office costs$5,906,914 · 3.5% of expenses

See all reported dollar amounts

Revenue$168,111,516

Expenses$166,963,509

Assets$45,191,509

Income$168,111,516

Contributions$165,455,332

Mission work (program services)$161,056,595

Management and general$5,906,914

Executive compensation (total)$864,221

Accounting fees$200,381

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

HAROLD RICEPRESIDENT/CEO · 40 hrs/week $352,807Base $314,948 · Other $37,859

GLEN OFENLOCHCFO/COO · 40 hrs/week $312,648Base $301,473 · Other $11,175

JOHN PADYCHIEF EXP/PROGRAM OFFICER · 40 hrs/week $255,212Base $238,391 · Other $16,821

PAUL LALONDEVP PEOPLE & CULTURE · 40 hrs/week $188,807Base $159,947 · Other $28,860

RAJEV KUMARVP TECH & INFORMATION SVCS · 40 hrs/week $188,754Base $181,232 · Other $7,522

TROY OQUINVP OF PROGRAMS/PUBLIC POLICY · 40 hrs/week $185,137Base $158,537 · Other $26,600

LIA CRUZACCOUNTING DIRECTOR · 40 hrs/week $177,954Base $170,654 · Other $7,300

LATOYA BUTLERVP ENERGY SERVICES · 40 hrs/week $159,809Base $154,161 · Other $5,648

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (25)

HAROLD RICEPRESIDENT/CEO

GLEN OFENLOCHCFO/COO

JOHN PADYCHIEF EXP/PROGRAM OFFICER

PAUL LALONDEVP PEOPLE & CULTURE

RAJEV KUMARVP TECH & INFORMATION SVCS

TROY OQUINVP OF PROGRAMS/PUBLIC POLICY

LIA CRUZACCOUNTING DIRECTOR

LATOYA BUTLERVP ENERGY SERVICES

XOCHITL FLORESDIRECTOR

CYNTHIA TRAVISDIRECTOR

SHAHIEDAH SHABAZZDIRECTOR

SARAH FLAXDIRECTOR

SABAH SAQQARDIRECTOR (THRU JAN 2025)

ROD FRAZIERDIRECTOR

PERCY BERGERDIRECTOR

MIKE KINGDIRECTOR

LISA ANTHONYVICE CHAIR

LARSENIA HORTONSECRETARY

JESSICA WATKINSDIRECTOR (THRU JAN 2025)

HON VERNARD ALSBERRYDIRECTOR

HERB PORTERTREASURER

HAROLD BARRDIRECTOR

GYATTA KIMMONSDIRECTOR

ERIC SLAUGHTERCHAIRMAN

DARNELL JOHNSONDIRECTOR

About this charity

Recognized since: January 1966
Location: 567 W LAKE ST STE 1200, CHICAGO, IL 60661-1405
County: Cook
In care of: % CEDA FINANCE OFFICE
Primary officer: ERIC SLAUGHTER, CHAIRMAN

How to reach them

WebsiteVisit the charity’s website Emailinquiry@cedaorg.net Phone(312) 782-2332

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: WIPFLI ADVISORY LLC
NTEE classification: Community & Neighborhood Development (S20)
IRS tax category: Community & Neighborhood Development