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GREATER NORTHWEST CHICAGO DEVELOPMENT CORP

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Public IRS 990 nonprofit record

GREATER NORTHWEST CHICAGO DEVELOPMENT CORP

EIN 36-2941620 · Community Improvement & Capacity Building (S300)

What they do

THE GREATER NW CHICAGO DEVELOPMENT CORP. ASSISTS SMALL BUSINESSES to HIRE and RETAIN EMPLOYEES, GROW THEIR BUSINESS and APPLY for GRANTS and INCENTIVE PROGRAMS to MAKE IMPROVEMENTS IN THEIR EMPLOYEE TRAINING and FUND INFRASTRUCTURE IMPROVEMENTS MAINLY IN THE NORTHWEST SIDE of CHICAGO ECONOMIC DEVELOPMENT AREAS. SOME of THE SERVICES PROVIDED INCLUDE ORGANIZING/PARTICIPATING IN JOB FAIRS, OFFERING SEMINARS ON GENERAL BUSINESS TOPICS and EMPLOYMENT PRACTICES for LOCAL BUSINESSES, ASSISTING SMALL BUSINESS OWNERS APPLY for and RECEIVE BUSINESS INCENTIVES and GRANTS OFFERED BY GOVERNMENT and PRIVATE ENTITIES. THESE EFFORTS ALONG WITH OTHER SERVICES THE GNCDC PROVIDES HELP THE LOCAL BUSINESSES RETAIN and HIRE EMPLOYEES, GROW THEIR REVENUE BASE and MAKE IMPROVEMENTS and UPGRADES to THEIR PHYSICAL LOCATIONS.

Before you give

Are they doing good?

Easy charity check
Good signs so far

The public paperwork has several good signs. Now check whether the charity can show who it helped.

Here is the honest answer: A tax form shows money and paperwork. It cannot prove that people, animals, or the community were truly helped.

Good signs we looked for

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 leaders5 people are listed in the latest report.

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

Money made simple

$148.03spent for every $100 of revenueSpending was higher than revenue this year.
$0.63in assets for every $1 spent this yearSome assets cannot be spent right away.
85.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

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

Worth asking: Expenses exceeded revenue by $30,495 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $62,500 for CLAUDIA PEREZ (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Good paperwork is a good sign—not proof. The best answer comes when the charity can show what it changed, who it 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.

Money in and money out

Revenue$63,487
Expenses$93,982
Annual shortfall $30,495 Expenses were higher than revenue for this filing year.
See all reported dollar amounts
Revenue$63,487
Expenses$93,982
Assets$59,008
Income$63,487
Contributions$54,287
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
CLAUDIA PEREZEXECUTIVE DIRECTOR · 40 hrs/week $62,500

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 (5)

CLAUDIA PEREZEXECUTIVE DIRECTOR

IVELISSE RODRIGUEZDIRECTOR

MARTA ALMODOVARDIRECTOR

SKI WYSOCKICHAIRMAN

TOM STARTEKDIRECTOR

About this charity

Recognized since
January 1983
Location
4506 W FULLERTON AVE, CHICAGO, IL 60639
County
Cook
In care of
CLAUDIA PEREZ
Primary officer
CLAUDIA PEREZ, EXECUTIVE DIRECTOR

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990EZ
Tax preparer
WIPFLI ADVISORY LLC
NTEE classification
Community Improvement & Capacity Building (S300)
IRS tax category
Civic and Social Organizations

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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