2024-11-21T14:22:13-06:00 2023-06-30 420714325 RSM US LLP 30 S Wacker Drive Ste 3300 Chicago IL 60606 990 2022-07-01 461575093 Chicago Southwest Development Corporation CHIC 7734844831 2875 West 19th Street Chicago IL 60623 Guy A Medaglia President and CEO 7734844831 2024-09-11 1 1 Rebekuh Eley P01247672 3126343400 2024-09-11 2022 2024-10-15 13:58:12Z Guy A Medaglia 2875 West 19th Street Chicago IL 60623 42705 0 X www.chicagosdc.com X 2012 IL The mission of the Chicago Southwest Development Corporation is to own land and improvements for the benefit of Chicago Southwest Community Organization and other healthcare entities related in purpose or function to Chicago Southwest Community Organization. 3 2 0 2 0 0 0 1000 0 0 0 0 2358282 41705 2358282 42705 0 0 0 0 0 0 254296 0 0 3517783 6292644 3772079 6292644 -1413797 -6249939 23619457 23908378 36706401 40123901 -13086944 -16215523 X The mission of the Chicago Southwest Development Corporation is to create self-sustaining communities throughout Chicago's underserved neighborhoods, to enrich the lives of families through non-traditional education, recreation, and health and wellness programs, and to enhance social service programs that specifically meet the needs of each individual community. 0 0 Chicago Southwest Development Corporation is developing a multipurpose campus on 30 acres called the Focal Point Community Campus (the "Campus"). The Campus will reside on three lots at 31st Street and Kedzie Avenue in Southwest Chicago, including the former site of the Washburne Trade School. The proposed one million square-foot complex will offer a range of retail, wellness, education, arts, and recreation elements focused on the complete well-being of community members, instead of purely on one element, such as health care. Saint Anthony Hospital, a related tax-exempt organization, will serve as a tenant of the Campus and will continue to provide emergency and medical care that turns no one away, regardless of ability to pay. There will also be an outpatient and specialty clinic to meet a wide range of rehabilitative and health maintenance needs. 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 6 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 2 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 0 IL X Jamie Mack 7734844831 2875 West 19th Street Chicago IL 60623 Guy A Medaglia President & CEO 20.00 65.00 X X 0 771365 499295 Peter V Fazio Jr Chairman 1.00 5.00 X X 0 0 0 Dorval R Carter Jr Vice Chairman 1.00 3.00 X X 0 0 0 Bob Enkema CFO 1.00 44.00 X 0 0 0 0 771365 499295 0 0 1 0 HDR Architecture Inc PO Box 74008204 Chicago IL 60674 Design Services 880797 Faegre Drinker 75 Remittance Dr Chicago IL 60675 Legal Services 350115 2 1000 1000 41705 41705 41705 42705 0 0 41705 X 533024 533024 65610 65610 40610 40610 1112547 1112547 2437234 2437234 2263 2263 Administrative Services 1646320 1646320 Licenses & Taxes 348000 348000 107036 107036 6292644 0 6292644 0 314500 558486 20321945 20261047 20321945 4681 4681 3039229 3023266 23619457 23908378 2120387 4444880 150000 150000 34436014 35529021 36706401 40123901 X -13086944 -16215523 -13086944 -16215523 23619457 23908378 -6249939 3121360 0 X 0 0 0 X X 1 Saint Anthony Hospital 510217097 3 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 Part IV, Section A, Line 1: The supported organizations are designated by charitable purpose. CSDC was organized to carry out the charitable purposes of Chicago Southwest Community Organization, which includes providing and supporting charitable healthcare and services to the public. The supported organization carries out this charitable purpose. 12644121 12644121 7677824 7677824 20321945 Cash Restricted for Land Purchase - Funds in Escrow 3023266 3023266 Loans from Saint Anthony Hospital Foundation 27046192 Due to Saint Anthony Hospital 7006329 Environmental Remediation Liability 976500 Due to Saint Anthony Hospital Foundation 500000 35529021 0 1 0 0 0 0 0 0 0 Guy A Medaglia President & CEO 0 656627 0 0 0 114738 0 460517 0 38778 0 1270660 0 0 Part I, Line 3 Compensation of the organization's President & CEO is set by Saint Anthony Hospital (SAH), a related organization. All annual salary increases are reviewed and approved by SAH's President Compensation Sub-Committee and documented in minutes prepared for each meeting. Also, an independent market survey was conducted in August 2021 to ensure that the salaries of the CEO and other officers were within standard market range. Part I, Line 4b The following individual participates in a 457(f) plan and received amounts deferred/accrued by Saint Anthony during 2022: Guy A. Medaglia - $ 449,787 Form 990, Part VI, Section A, line 6 Chicago Southwest Community Organization is the sole corporate member of Chicago Southwest Development Corporation. Form 990, Part VI, Section A, line 7a As the sole corporate member of Chicago Southwest Development Corporation, Chicago Southwest Community Organization has the right to appoint or remove members of the governing body. Form 990, Part VI, Section A, line 7b As the sole corporate member of Chicago Southwest Development Corporation, Chicago Southwest Community Organization has the right to approve or ratify significant decisions made by the governing body. (a) Changing the mission and philosophy, role and purpose of the Corporation and any entity for which Corporation is a controlling member or any subsidiary corporation; (b) Amending the Articles or Bylaws of the Corporation; (c) Approving the formation or acquisition of any entity that is owned in whole or in part by the Corporation or any entity for which the Corporation, or any subsidiary corporation of Corporation, is a member; (d) Approving the merger or dissolution of the Corporation; (e) Adopting, amending, or repealing the Articles of Incorporation or Bylaws of any entity for which the Corporation is a controlling member or any subsidiary corporation thereof; (f) Fixing the number of, appointing and removing, with or without cause, the Directors of the Corporation; and (g) Approving on behalf of the Corporation, and for any entity for which the Corporation is a controlling member or for any subsidiary corporation, the incurrence of indebtedness, or the sale, transfer, assignment, or encumbering of the entity's assets, or the substantial change of use of all or substantially all of the entity's assets, or the divestiture, merger, consolidation, closure, change of corporate member, or dissolution of the entity; (h) Removing any member of the Board of Directors of any entity for which the Corporation is a controlling member; (i) Ratifying the appointment and removal of the President of Corporation; (j) Appointing, upon recommendation of the Board, the Chair of the Corporation. Form 990, Part VI, Section A, line 8b Board committees have not yet been established. When such committees are established, the committees will contemporaneously document their meetings in accordance with Chicago Southwest Development Corporation's bylaws. Form 990, Part VI, Section B, line 11b A thorough review of Form 990 is performed by management. A copy of the return is shared with the Board of Directors prior to filing Form 990 with the IRS. Form 990, Part VI, Section B, line 12c Annually, the Corporate Responsibility Officer of Saint Anthony Hospital, a related organization, has the Board and officers review, fill out, and sign the conflict of interest questionnaire. The Corporate Responsibility Officer reviews the completed conflict of interest questionnaires. If a conflict of interest arises, the affected board member (or officer) abstains from voting on the respective issue. The Corporate Responsibility Officer maintains all signed conflict of interest statements on file. Form 990, Part VI, Section B, line 15 The filing organization does not compensate its officers, directors, or trustees; instead, they are compensated by Saint Anthony Hospital, a related organization. All annual salary increases for the President & CEO are reviewed and approved by the President Compensation Sub-Committee and documented in minutes prepared for each meeting. All annual salary increases for other officers are reviewed and approved by the Compensation Committee and documented in minutes prepared for each meeting. Also, an independent market survey was conducted in August 2021 to ensure that the salaries of the CEO and other officers were within standard market range. Form 990, Part VI, Section C, line 19 Financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to Internal Revenue Code Section 6104. These documents are not available to the public at this time. Form 990, Part IX, line 11g Design Services: Program service expenses 0. Management and general expenses 1,112,547. Fundraising expenses 0. Total expenses 1,112,547. Chicago Southwest Community Organization 2875 West 19th Street Chicago IL 60623 461578466 Community Development IL 501(c)(3) PF N/A 0 Saint Anthony Health Affiliates 2875 West 19th Street Chicago IL 60623 364340137 Healthcare IL 501(c)(3) Line 10 Saint Anthony Hospital 0 Saint Anthony Health Ministries 2875 West 19th Street Chicago IL 60623 363903595 Management IL 501(c)(3) Line 12b, II N/A 0 Saint Anthony Hospital 2875 West 19th Street Chicago IL 60623 510217097 Healthcare IL 501(c)(3) Line 3 Saint Anthony Health Ministries 0 Saint Anthony Hospital Foundation 2875 West 19th Street Chicago IL 60623 237448580 Fundraising IL 501(c)(3) Line 7 Saint Anthony Hospital 0 SAH Anesthesia Group LLC 2875 West 19th Street Chicago IL 60623 474991463 Healthcare IL N/A S 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0