2024-02-29T10:26:33-06:00 2023-06-30 943108253 NOVOGRADAC & COMPANY LLP 3025 NORTH WOOSTER AVENUE DOVER OH 44622 990 2022-07-01 271832686 CHICAGO NEIGHBORHOOD INITIATIVES INC CHIC 7733412067 1000 EAST 111TH STREET - 10TH FLOOR CHICAGO IL 60628 DAVID DOIG PRESIDENT 7733412060 2024-02-29 1 DAVID DOIG 999009999 1 DAVID L CONWAY P00839993 3303655400 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DAVID DOIG 1000 EAST 111TH STREET CHICAGO IL 60628 4747851 0 X CNIGROUP.ORG X 2010 IL GENERATING ECONOMIC DEVELOPMENT AND AFFORDABLE HOUSING & COMBATING COMMUNITY DETERIORATION IN LOW - INCOME COMMUNITIES. 14 14 14 0 0 0 4058896 2225872 683129 1342416 50260 55183 1293746 153164 6086031 3776635 0 0 0 0 1259832 1314185 0 0 99399 4500648 3263371 5760480 4577556 325551 -800921 28044875 26603069 12992538 12351653 15052337 14251416 GENERATING ECONOMIC DEVELOPMENT & COMBATING COMMUNITY DETERIORATION IN LOW-INCOME COMMUNITIES. 0 0 2587086 810492 REAL ESTATE DEVELOPMENT: DEVELOPER OF LARGE RETAIL AND INDUSTRIAL SITES, AND AFFORDABLE HOUSING IN ECONOMICALLY DISTRESSED NEIGHBORHOODS IN CHICAGO IN ORDER TO BRING MUCH NEEDED JOBS AND HOUSING TO COMMUNITIES. 248950 531924 NEW MARKET TAX CREDITS: MANAGES THE NMTC TO ENCOURAGE PRIVATE INVESTMENT IN PROJECTS IN ECONOMICALLY DISTRESSED NEIGHBORHOODS THROUGHOUT CHICAGO. 2836036 1 1 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 11 0 14 1 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 IL X X JENNIFER BRANSFIELD 7733412067 1000 EAST 111TH STREET - 10TH FLOOR CHICAGO IL 60628 CHRISTIAN REGAN DIRECTOR 2.00 X 0 0 0 ANGELICA MARKS DIRECTOR 2.00 X 0 0 0 TONI THOMPSON DIRECTOR 2.00 X 0 0 0 ANGELA ALLEN DIRECTOR 2.00 X 0 0 0 ARNOLD PUGH DIRECTOR 2.00 X 0 0 0 LISA HERRERA DIRECTOR 2.00 X 0 0 0 WILLARD PAYTON DIRECTOR 2.00 X 0 0 0 NICOLE JACKSON DIRECTOR 2.00 X 0 0 0 JEANNE GIESEKE DIRECTOR 2.00 X 0 0 0 DARRYL JACOBS DIRECTOR 2.00 X 0 0 0 DANIEL WATTS DIRECTOR 2.00 X 0 0 0 MERLON JACKSON PRESIDENT 2.00 X X 0 0 0 THOMAS MCMAHON SECRETARY 2.00 X X 0 0 0 BRIDGET O'KEEFE VICE PRESIDENT 2.00 X X 0 0 0 TIMOTHY FRENS TREASURER 2.00 X X 0 0 0 DANIEL WATTS DIRECTOR 2.00 X 0 0 0 ANNETTE WASHINGTON VICE PRESIDENT OF FINANCE, CNI 40.00 1.00 X 156516 0 17304 KIMBERLY MORRIS DIRECTOR OF REAL ESTATE AND COMMUNITY DEVELOPMENT 40.00 1.00 X 110729 0 9812 JENNIFER BRANSFIELD GENERAL COUNSEL 40.00 6.00 X 229767 0 41063 DAVID DOIG PRESIDENT 40.00 2.00 X 284731 0 29364 ERICA MCPHERSON PRESIDENT, GREENWOOD ARCHE 40.00 1.00 X 188010 0 14888 969753 0 112431 5 1 1 0 0 750 666996 1558126 2225872 DEVELOPMENT FEES 541900 710492 710492 NMTC FEE INCOME 541900 531924 531924 SERVICE AND FACILITY MANAGEMENT F 541900 100000 100000 1342416 55183 55183 557230 782607 -225377 -225377 -225377 0 750 0 0 476 188609 -188133 -188133 OTHER INCOME 900099 492323 492323 INVESTMENT GAIN / (LOSS) 900099 74351 74351 566674 3776635 1495580 0 55183 1065801 671455 319740 74606 54348 34239 16305 3804 30443 19179 9133 2131 99108 62438 29732 6938 64485 40626 19345 4514 24974 24974 98750 98750 148921 148921 130904 91633 39271 5477 3451 1643 383 26869 16927 8061 1881 28288 17821 8487 1980 21677 13657 6503 1517 147507 147507 59373 56935 2438 39297 39297 GRANT EXPENSE 1217110 1217110 BAD DEBT EXPENSE 950000 950000 RETURN OF GRANT FUNDS 169615 169615 OTHER ADMIN EXPENSE 86367 86367 108242 99548 7049 1645 4577556 2836036 1642121 99399 1682392 1669305 4211134 2219497 736006 260865 421453 1701433 870000 783486 877591 605526 284952 274098 7370296 1774154 5885613 5596142 13075734 13492717 28044875 26603069 544989 625724 1191152 526735 11256397 11199194 12992538 12351653 X 13812835 13389781 1239502 861635 15052337 14251416 28044875 26603069 -800921 0 X X 0 1 X 1 1 1 X 5301419 1679205 819381 4058896 2225872 14084773 1435678 764008 1109101 683129 1342416 5334332 6737097 2443213 1928482 4742025 3568288 19419105 0 896381 575315 1109057 158902 950868 3690523 896381 575315 1109057 158902 950868 3690523 15728582 41237 30092 17832 50260 55183 194604 41237 30092 17832 50260 55183 194604 237869 221986 4676166 1437140 566674 7139835 7016203 2695291 6622480 6229425 4190145 26753544 0.58790 0.65390 0.00730 0.00710 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3 1455000 378926 1 1 1073928 1073928 1713037 1083745 629292 4140083 490857 3649226 443248 199552 243696 5596142 INVESTMENTS IN AFFILIATES 13492717 C 13492717 4558702 782067 782067 3776635 0 3776635 5359623 782067 782067 4577556 0 4577556 PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL PROPERTY EXPENSES $782,607 782,067. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL PROPERTY EXPENSES $782,607 782,067. 0 0 0 0 0 0 0 0 0 DAVID DOIG PRESIDENT 284731 0 0 0 0 0 9160 0 20204 0 314095 0 0 0 JENNIFER BRANSFIELD GENERAL COUNSEL 229767 0 0 0 0 0 10615 0 30448 0 270830 0 0 0 ERICA MCPHERSON PRESIDENT, GREENWOOD ARCHE 188010 0 0 0 0 0 0 0 14888 0 202898 0 0 0 ANNETTE WASHINGTON VICE PRESIDENT OF FINANCE, CNI 156516 0 0 0 0 0 7215 0 10089 0 173820 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B AUDITED FINANCIAL STATEMENTS AND A FINAL DRAFT OF THE FORM 990 IS SUBMITTED TO ALL BOARD MEMBERS FOR THEIR REVIEW AND FEEDBACK PRIOR TO FINALIZING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY REVIEWS ITS CONFLICT OF INTEREST POLICY AND MONITORS COMPLIANCE WITH THIS POLICY. FORM 990, PART VI, SECTION B, LINE 15 A SUBSET OF THE FINANCE COMMITTEE FUNCTIONS AS THE COMPENSATION COMMITTEE. THE COMMITTEE REVIEWS ALL SALARY UPDATES, PROMOTIONS, AND ASSOCIATED CHANGES TO RESPONSIBILITIES AND APPROVES PRIOR TO PRESENTING THE BUDGET. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES IT'S TAX EXEMPT DOCUMENTS (FORM 1023, 990 AND 501(C)(3) DETERMINATION) AVAILABLE UPON REQUEST. THE 990 IS ALSO AVAILABLE ON GUIDESTAR'S WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC IS BASED UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR PULLMAN PARK DEVELOPMENT 2 LLC 1000 E 111TH ST 10TH FLOOR CHICAGO IL 606284614 371841159 TO ACQUIRE, IMPROVE, DEVELOP, LEASE & OPERATE RETAIL FACILITY IL -320627 4248822 CHICAGO NEIGHBORHOOD INITIATIVES INC GREENWOOD ARCHER CAPITAL 1000 E 111TH STREET CHICAGO IL 60628 461076726 LENDING IL 501(C)(3) LINE 10 CHICAGO NEIGHBORHOOD INITIATIVES INC 0 RECLAIMING CHICAGO NFP 1000 E 111TH STREET CHICAGO IL 60628 871779486 REAL ESTATE DEVELOPMENT IL 501(C)(3) LINE 10 CHICAGO NEIGHBORHOOD INITIATIVES INC 0 CNI SUBSIDIARY CDE 1 LLC 1000 EAST 111TH STREET CHICAGO IL 60628 273088950 REAL ESTATE DEVELOPMENT IL N/A RELATED 4 703 0 0 0.00010 CNI SUBSIDIARY CDE 2 LLC 1000 EAST 111TH STREET CHICAGO IL 60628 273089011 REAL ESTATE DEVELOPMENT IL N/A RELATED 16 709 0 0 0.00010 CNI RETAIL LEVERAGE FUND LLC 1000 EAST 111TH STREET CHICAGO IL 60628 371858958 LEVERAGE LENDING ACTIVITIES IL N/A RELATED 29083 2960587 0 0 0.95000 GRIT CHICAGO LLC 120 N RACINE AVE STE 200 CHICAGO IL 60607 822199012 REAL ESTATE DEVELOPMENT IL N/A RELATED -1501 3161873 0 0 0.13500 CNI SUBSIDIARY CDE 3 LLC 1000 EAST 111TH STREET CHICAGO IL 60628 273089050 REAL ESTATE DEVELOPMENT IL N/A RELATED 1 501 0 0 0.00010 CNI SUBSIDIARY CDE 4 LLC 1000 EAST 111TH STREET CHICAGO IL 60628 271832686 REAL ESTATE DEVELOPMENT IL N/A RELATED 3 600 0 0 0.00010 103RD AND WOODLAWN LLC 1000 EAST 111TH STREET CHICAGO IL 60628 872982932 RENTAL REAL ESTATE IL N/A RELATED 1758855 0 0 0.51000 RECLAIMING NORTH LAWNDALE LLC 1000 EAST 111TH STREET CHICAGO IL 60628 882948348 REAL ESTATE DEVELOPMENT IL N/A RELATED 0 0 0.51000 PULLMAN GATEWAY LLC 1000 EAST 111TH STREET CHICAGO IL 60628 931754559 REAL ESTATE DEVELOPMENT IL N/A RELATED 665530 0 0 0.51000 PARK NATIONAL BANK INITIATIVES INC 1000 EAST 111TH STREET CHICAGO IL 60628 364329520 ADMINISTRATION OF NEW MARKET TAX CREDITS IL N/A C -2145 45626 1.00000 0 PULLMAN ARTSPACE LLC 250 THRID AVE NORTH SUITE 500 MINNEAPOLIS MN 55401 472757400 DEVELOPMENT OF AFFORDABLE HOUSING FOR ARTIST IN THE PULLMAN COMMUNITY IL C 0.40000 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 GREENWOOD ARCHER CAPITAL O 579193 INCLUDED IN SALARY ALLOCATION GREENWOOD ARCHER CAPITAL Q 12286 ACTUAL COST