Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1999.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
72 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
3 people listed on the 990.
William E Nambo’s $65K as Program Coordinator is at the 42nd percentile of top reported officer pay among 1708 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
See Chicago Heights Development Corpora executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Empowers local businesses and entrepreneurs through infrastructure projects, training, and advocacy for equitable investment.
Questions for Chicago Heights Development Corpora
Your first name shows with your question. Chicago Heights Development Corpora answers here, for everyone.
During the year the organization promoted their services within the community and began talking to various businesses about opening a location within chicago heights. The organization worked wiht the city of chicago heights to assist potential new businesses navigate the process of starting within chicago heights.
Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 36-4239735) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $12K | $90K |
| Total assetsLn 16 | $12K | $90K |
| LiabilitiesLn 26 | $240 | $0 |
| Net assetsLn 32 | $11K | $90K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $151K | $92K | $59K | |
| Other employee benefitsLn 9 | $25K | $16K | $9K | |
| Payroll taxesLn 10 | $12K | $9K | $2K | |
| Accounting feesLn 11c | $3K | $3K | ||
| Other fees for servicesLn 11g | $22K | $21K | $1K | |
| Advertising and promotionLn 12 | $41K | $41K | ||
| Office expensesLn 13 | $9K | $3K | $6K | |
| Information technologyLn 14 | $19K | $19K | ||
| OccupancyLn 16 | $3K | $3K | ||
| TravelLn 17 | $4K | $4K | ||
| Other expenses (24a–d)Ln 24 | $471 | $375 | $96 | |
| Total functional expensesLn 25 | $289K | $209K | $81K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 LatestFiled with the IRS Apr 15, 2026 | $291K | $290K | $670 | $132K | 990 PDF |
| FY2024Filed with the IRS May 4, 2025 | $294K | $251K | $44K | $131K | 990 PDF |
| FY2023Filed with the IRS Oct 3, 2024 | $160K | $109K | $51K | $174K | 990 PDF |
| FY2022Filed with the IRS May 16, 2023 | $292K | $269K | $23K | $124K | 990 PDF |
| FY2021Filed with the IRS Mar 20, 2022 | $289K | $278K | $10K | $101K | 990 PDF |
| FY2020 ViewingFiled with the IRS May 15, 2021 | $368K | $289K | $78K | $90K | 990 PDF |
Schedules filed Part IV
See the full FY2020 990
Part I · Summary $367,657 revenue, 12 lines filed
Part VI · Governance 3 of 3 board members independent, 3 to look at
Part VIII · Statement of revenue $367,657 across 3 lines filed
Part IX · Statement of functional expenses $289,195 across 11 lines filed
Part X · Balance sheet $90,259 assets, 6 lines filed
Part XI · Reconciliation of net assets $90,259 net assets at year end
Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File
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