To foster and promote revitalization of the community areas that IT serves including all or parts of Auburn-grisham, englewood, and grand crossing.

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
$241K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $4.1M a year · 44% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$241K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
7 mo
of spending, in cash
Plus $10.3M in investments, Pt X · Ln 11–13
Looks good: 7.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
13
named funders · $2.5M
Looks good: 13 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$21.7M
58% of total assets
Fine: liabilities are 58% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$8.2M
-49% vs prior year
Spent
$6.7M
To programs
91%
Net assets
$15.9M
By yearFY2020–FY2024
Revenue
$8.2M
FY2022▼ -49%
Tap a bar for its year
Revenue by fiscal year
FY2020$4.1M
FY2021$16.1M
FY2022$8.2M
FY2023$9.5M
FY2024$8.7M
Expenses
$6.7M
FY2022▲ +58%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.8M
FY2021$4.2M
FY2022$6.7M
FY2023$7.0M
FY2024$6.2M
Net assets
$15.9M
FY2022▲ +11%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.4M
FY2021$14.3M
FY2022$15.9M
FY2023$18.6M
FY2024$20.0M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2001.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $6.1M Management & general 6% · $379K Fundraising 3% · $215K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

16 people listed on the 990; $241K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director/Board Advisor
$91,619Pt VII · Sec A
Highly Compensated
$76,849Pt VII · Sec A
Highly Compensated
$72,830Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Carlos Nelson’s $132K as CEO is at the 37th percentile of top reported officer pay among 2832 $1–10M 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.

Compensation history total reportable pay by year · 7 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Carlos Nelson$131,700$124,606$91,619$85,186$79,866
Kaysha Larry$120,538$114,950———
Linda Johnson——$76,849——
Norma Sanders——$72,830——
Byam Alexander$71,000————
Linda C Johnson———$68,753—
Francine Dillard$65,000$33,800———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Greater Auburn-Gresham Development Corporation executive salaries →

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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

Revitalizes community areas like Auburn-Gresham and Grand Crossing.

Questions for Greater Auburn-Gresham Development Corporation

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Provided by the organization

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3 programs · $5.8M · in their own filed words · FY2022
01

Auburn gresham gold to elevate health services, social support services, extended day programs and education within local SCHOOLS.WHILE the emphasis is on education, the program offers parents and adults assistance through programs that provide job placement, health care, and child care options.

$2.7Mprogram expense
02

COMMUNITY ECONOMIC DEVELOPMENT The GAGDC works to foster and promote revitalization of the low-to-moderate income communities that it serves using comprehensive community development strategies.

$2.3Mprogram expense
03

This program focuses on improving the math and reading literacy and improving education within the local schools served by the organization.

$758Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 13 funders →
Grants paid · 70 grants · $1.1M · 2023–2024
Lyte CollectiveIL · FY2024$24,250
Burst Into BooksIL · FY2024$24,250
Grant a Wish INCIL · FY2024$20,000
Free Lunch AcademyIL · FY2024$20,000
Ba Nia INCIL · FY2024$20,000
Work FoundationIL · FY2024$18,549
True Star Foundation INCIL · FY2024$18,549
Totally Positive ProductionsIL · FY2024$18,549
Chrysalis ProgramIL · FY2024$18,549
That Harper Kid NfpIL · FY2024$18,549
Tgi MovementIL · FY2024$18,549
Step Up for Mental HealthIL · FY2024$18,549
Hustle MommiesIL · FY2024$18,549
Hope Center FoundationIL · FY2024$18,549
See all 70 grants →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$8.2M
Ln 12
Gifts and grantsLn 1h$7.9M
Fees for servicesLn 2g$428K
Investment incomeLn 3$201K
Money outPt IX
$6.7M
Ln 25
Programscol B$6.1M
Managementcol C$379K
Fundraisingcol D$215K
Owns and owesPt X
$15.9M
net assets · Ln 32
Cash and savingsLn 1–2$3.9M
Total assetsLn 16$37.6M
LiabilitiesLn 26$21.7M
PeoplePt VI, VII
16
listed · VII A
PaidVII A3
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$7.9M
Government grantsLn 1e$7.5M
Fundraising eventsLn 1c$284K
Fees for servicesLn 2g$428K
Investment incomeLn 3$201K
Total revenueLn 12$8.2M
Assets in detailPt X, end of year
CashLn 1$3.9M
Cash and savings togetherLn 1–2$3.9M
InvestmentsLn 11–13$10.3M
Land, buildings, equipmentLn 10c$52K
Other assetsLn 15$20.7M
Total assetsLn 16$37.6M
LiabilitiesLn 26$21.7M
Net assetsLn 32$15.9M
OperationsPt I, VI
EmployeesI 548
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$9.6M$3.9M
InvestmentsLn 11–13$10.3M
Land, buildings, equipmentLn 10c$49K$52K
Total assetsLn 16$35.8M$37.6M
LiabilitiesLn 26$21.5M$21.7M
Net assetsLn 32$14.3M$15.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$241K$241K$0$0
Other salaries and wagesLn 7$1.6M$1.6M$85K$0
Other employee benefitsLn 9$153K$132K$21K$0
Payroll taxesLn 10$164K$158K$5K$0
Management feesLn 11a$74K$50K$24K$100
Office expensesLn 13$77K$48K$28K$602
OccupancyLn 16$42K$35K$7K$0
TravelLn 17$2K$533$2K$0
Conferences, conventions and meetingsLn 19$7K$3K$2K$2K
InterestLn 20$242K$242K$90$0
Depreciation, depletion and amortizationLn 22$12K$0$12K$0
InsuranceLn 23$5K$4K$1K$0
Other expenses (24a–d)Ln 24$32K$24K$8K$0
All other expensesLn 24e$4.0M$3.6M$183K$213K
Total functional expensesLn 25$6.7M$6.1M$379K$215K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $8.7M$6.2M$2.5M$20.0M 990 PDF
FY2023 $9.5M$7.0M$2.5M$18.6M 990 PDF
FY2022 Viewing $8.2M$6.7M$1.6M$15.9M 990 PDF
FY2021 $16.1M$4.2M$11.9M$14.3M 990 PDF
FY2020 $4.1M$1.8M$2.3M$2.4M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $8,248,455 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $15,155,988$7,929,117
I-9 Program service revenuePrior year $787,551$427,942
I-10 Investment incomePrior year $143,293$201,497
I-11 Other revenue−$310,101
I-12 Total revenuePrior year $16,086,832$8,248,455
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,573,909$2,195,645
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $2,641,052$4,461,352
I-18 Total expensesPrior year $4,214,961$6,656,997
I-19 Revenue less expensesPrior year $11,871,871$1,591,458
Part VI · Governance 14 of 14 board members independent, no flags
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $8,248,455 across 7 lines filed
Lines not itemized here account for $427,942 of total revenue; see the IRS return.
VIII-1c Fundraising events$283,805
VIII-1e Government grants$7,534,504
VIII-1f All other contributions, gifts and grants$110,808
VIII-1h Total contributions, gifts and grants$7,929,117
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$201,497
VIII-6 Net rental income or lossRelated to mission −$310,101−$310,101
VIII-12 Total revenueRelated to mission $319,338 · Unrelated business $0 · Excluded from tax $0$8,248,455
Part IX · Statement of functional expenses $6,656,997 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $241,298 · Management $0 · Fundraising $0$241,298
IX-7 Other salaries and wagesPrograms $1,552,501 · Management $84,994 · Fundraising $0$1,637,495
IX-9 Other employee benefitsPrograms $131,809 · Management $21,175 · Fundraising $0$152,984
IX-10 Payroll taxesPrograms $158,473 · Management $5,395 · Fundraising $0$163,868
IX-11a Management feesPrograms $49,840 · Management $23,694 · Fundraising $100$73,634
IX-13 Office expensesPrograms $48,187 · Management $28,187 · Fundraising $602$76,976
IX-16 OccupancyPrograms $35,093 · Management $7,027 · Fundraising $0$42,120
IX-17 TravelPrograms $533 · Management $1,566 · Fundraising $0$2,099
IX-19 Conferences, conventions and meetingsPrograms $3,443 · Management $1,935 · Fundraising $1,563$6,941
IX-20 InterestPrograms $241,697 · Management $90 · Fundraising $0$241,787
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $12,415 · Fundraising $0$12,415
IX-23 InsurancePrograms $3,982 · Management $1,343 · Fundraising $0$5,325
IX-24 Other expenses (24a–d)Programs $23,573 · Management $8,071 · Fundraising $0$31,644
IX-24e All other expensesPrograms $3,572,667 · Management $182,858 · Fundraising $212,886$3,968,411
IX-25 Total functional expensesPrograms $6,063,096 · Management $378,750 · Fundraising $215,151$6,656,997
Part X · Balance sheet $37,581,966 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $9,616,791$3,872,222
X-3 Pledges and grants receivableStart of year $11,310,280$2,636,046
X-9 Prepaid expenses and deferred chargesStart of year $12,009$32,585
X-10c Land, buildings and equipment, netStart of year $49,033$51,542
X-13 Program-related investments$10,252,735
X-15 Other assetsStart of year $14,776,900$20,736,836
X-16 Total assetsStart of year $35,765,013$37,581,966
X-17 Accounts payable and accrued expensesStart of year $1,780,326$1,154,997
X-25 Other liabilitiesStart of year $19,713,370$20,453,282
X-26 Total liabilitiesStart of year $21,500,996$21,726,491
X-27 Net assets without donor restrictionsStart of year $13,198,171$15,440,054
X-28 Net assets with donor restrictionsStart of year $1,065,846$415,421
X-32 Total net assets or fund balancesStart of year $14,264,017$15,855,475
X-33 Total liabilities and net assetsStart of year $35,765,013$37,581,966
Part XI · Reconciliation of net assets $15,855,475 net assets at year end
XI-1 Total revenue$8,248,455
XI-2 Total expenses$6,656,997
XI-3 Revenue less expenses$1,591,458
XI-4 Net assets at start of year$14,264,017
XI-10 Net assets at end of year$15,855,475

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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