2025-08-14T15:13:32+00:00 2024-09-30 331498605 Plante & Moran PLLC 10 SOUTH RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2023-10-01 300103115 COMMUNITY INITIATIVES INC COMM 3122580070 222 SOUTH RIVERSIDE PLAZA 380 CHICAGO IL 60606 MICHAEL G CIACCIA CFO/TREASURER 3129802948 2025-08-14 true true JESSICA TOADER P01464604 3122071040 2025-08-13 2023 2025-03-06 01:10:19Z STACIE A YOUNG 222 SOUTH RIVERSIDE PLAZA 380 CHICAGO IL 60606 6720029 false X WWW.CICCHICAGO.COM X 2002 IL PRESERVE LOWER INCOME NEIGHBORHOODS THROUGH THE PRESERVATION OF QUALITY AFFORDABLE RENTAL HOUSING. 7 6 0 6 0 0 3767404 5522970 1020022 1197059 0 0 0 0 4787426 6720029 0 0 0 0 1649687 1818060 0 0 65579 2954266 4739789 4603953 6557849 183473 162180 18750628 23940269 14565858 19592053 4184770 4348216 PRESERVE LOWER INCOME NEIGHBORHOODS THROUGH THE PRESERVATION OF QUALITY AFFORDABLE RENTAL HOUSING. false false 5639750 1197059 TROUBLED BUILDINGS INITIATIVE (TBI): AS OF SEPTEMBER 30, 2024, CII IS THE COURT APPOINTED RECEIVER ON NUMEROUS BUILDINGS MOST IN NEED OF REPAIR AND PRESENT THE MOST PROBLEMS TO THEIR COMMUNITIES. THROUGH THE PROGRAM, TBI HAS TAKEN ACTION ON 1,251 BUILDINGS WITH 22,480 HOUSING UNITS, AND 935 BUILDINGS WITH 17,066 UNITS HAVE BEEN RECOVERED. 5639750 true true false false false false false false false false false false true false false false true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 5 0 true 0 false false false false false false false false false false false false X 7 6 false false false false true true true true true false false true true true true true true false false false IL X MICHAEL G CIACCIA 3122580070 222 SOUTH RIVERSIDE PLAZA 380 CHICAGO IL 60606 X STACIE YOUNG PRESIDENT 1.0 0.0 X X 0 328700 26505 ANGIE MARKS DIRECTOR 1.0 1.0 X 0 0 0 FRANK PETTAWAY DIRECTOR 1.0 1.0 X 0 0 0 JOHN GHOLAR DIRECTOR 1.0 1.0 X 0 0 0 ROBERT MARJAN DIRECTOR 1.0 1.0 X 0 0 0 Rondella Hunt Director 1.0 0.0 X 0 0 0 VICKI ARROYO DIRECTOR 1.0 0.0 X 0 0 0 JOHN CRANE SVP/DIRECTOR OF LENDING 1.0 39.0 X 0 263464 43779 JONAH HESS CII VICE PRESIDENT 39.0 1.0 X 0 196757 27713 MICHAEL CIACCIA TREASURER/CFO 5.0 35.0 X 0 244555 51373 MONICA KIRBY ASSISTANT SECRETARY 1.0 39.0 X 0 82244 16899 ANDRE COLLINS ACQUISITION MANAGER 25.0 15.0 X 0 404299 29934 0 1520019 196203 1 false true false GREIMAN ROME & GRIESMEYER LLC 205 RANDOLPH ST CHICAGO IL 60606 LEGAL 309561 1 5430970 92000 5522970 AFFORDABLE HOUSING 900099 1033776 1033776 LOAN SERVICING 900099 163283 163283 0 0 0 0 1197059 0 0 0 0 0 0 0 0 0 6720029 1197059 0 0 1818060 1563530 236348 18182 31787 27337 4132 318 30000 25800 3900 300 0 0 0 0 87752 75468 11408 876 135560 116581 17623 1356 16625 14298 2161 166 BUILDING REPAIRS 4438065 3816736 576948 44381 0 0 0 0 6557849 5639750 852520 65579 1469079 1600789 4840439 8261600 8963224 10933607 0 0 0 0 1279788 1102975 0 0 0 0 0 0 2198098 2041298 18750628 23940269 585708 1785991 800000 800000 0 0 13180150 17006062 0 0 14565858 19592053 X 4184770 4348216 4184770 4348216 18750628 23940269 X 162180 1266 X false true X true true true X 3708458 2489677 1654536 3767404 5522970 17143045 0 0 3708458 2489677 1654536 3767404 5522970 17143045 0 17143045 0 0 0 0 0 0 0 0 17143045 4480418 1.00 1.00 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED REAL ESTATE HELD FOR SALE 2041298 2041298 false false false false false false true true false STACIE YOUNG PRESIDENT 0 242748 0 85400 0 552 0 24804 0 1701 0 355205 0 0 JOHN CRANE SVP/DIRECTOR OF LENDING 0 207123 0 53293 0 3048 0 20488 0 23291 0 307243 0 0 MICHAEL CIACCIA TREASURER/CFO 0 200675 0 43520 0 360 0 19192 0 32181 0 295928 0 0 JONAH HESS CII VICE PRESIDENT 0 159290 0 37227 0 240 0 15143 0 12570 0 224470 0 0 ANDRE COLLINS ACQUISITION MANAGER 0 45957 0 357982 0 360 0 16859 0 13075 0 434233 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation COMPENSATION FOR THE ORGANIZATION'S PRESIDENT AND OTHER OFFICERS IS PAID BY COMMUNITY INVESTMENT CORPORATION, A RELATED TAX EXEMPT ORGANIZATION. COMPENSATION IS DETERMINED BY A RELATED ORGANIZATION, COMMUNITY INVESTMENT CORPORATION, INC. A COMPENSATION SURVEY OR STUDY IS CONDUCTED AND COMPENSATION IS APPROVED BY THE BOARD. Schedule J, Part I, Line 6b Compensation contingent on net earnings of a related organization ANDRE COLLINS, ACQUISITION MANAGER, IS PAID A COMMISSION BY CIC, COMPUTED AS A PERCENTAGE OF NET REVENUE GENERATED FROM THE ACQUISITION AND LINE OF CREDIT PROGRAM. CIC ALSO PAYS ANDRE COLLINS A SALARY RELATED TO THE ACTIVITIES OF CEPF, LLC. Schedule J, Part I, Line 7 Non-fixed payments AS INDICATED IN SCHEDULE J, PART II, EMPLOYEES OF THE ORGANIZATION, INCLUDING HIGHEST COMPENSATED INDIVIDUALS, RECEIVED A BONUS BASED ON PERFORMANCE AND THE FINANCIAL RESULTS OF THE ORGANIZATION. THIS BONUS WAS APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF COMMUNITY INVESTMENT CORPORATION, A RELATED TAX-EXEMPT ORGANIZATION. Form 990, Part VI, Line 15 Schedule O COMPENSATION FOR THE ORGANIZATION'S PRESIDENT AND OTHER OFFICERS IS PAID BY COMMUNITY INVESTMENT CORPORATION, A RELATED TAX EXEMPT ORGANIZATION. ANNUALLY A SALARY SURVEY IS CONDUCTED TO INCLUDE COMPENSATION OF TOP MANAGEMENT OFFICIALS AT SIMILARLY SIZED NON-PROFIT ORGANIZATIONS IN THE SAME GEOGRAPHIC LOCALE. THIS SURVEY WAS PROVIDED TO THE EXECUTIVE COMMITTEE OF THE BOARD EVERY SEPTEMBER, THIS INCLUDES THE CHAIRMAN OF THE BOARD AND OTHER BOARD MEMBERS ON THE EXECUTIVE COMMITTEE. THESE INDIVIDUALS REVIEW THE PERFORMANCE OF THE EXECUTIVE DIRECTOR OVER THE PAST YEAR CONSIDERING PROGRESS TOWARDS ACCOMPLISHMENT OF INDIVIDUAL AND ORGANIZATIONAL GOALS, THE FINANCIAL STRENGTH OF THE ORGANIZATION, AND THE SALARY SURVEY PROVIDED. THESE CONSIDERATIONS RESULT IN NEW GOALS FOR THE UPCOMING YEAR AND A DECISION ON COMPENSATION WHICH IS THEN COMMUNICATED TO THE TREASURER FOR IMPLEMENTATION. BECAUSE THE ORGANIZATION'S PRESIDENT AND OTHER OFFICERS ARE NOT PAID BY THE FILING ORGANIZATION, PART VI, LINES 15A AND 15B HAVE BEEN ANSWERED "NO" PER FORM 990 INSTRUCTIONS. Form 990, Part VI, Line 6 Classes of members or stockholders THE CORPORATION HAS ONE MEMBER, COMMUNITY INVESTMENT CORPORATION, AN ILLINOIS NOT-FOR-PROFIT CORPORATION. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE MEMBER HAS THE POWER AND RIGHT TO ELECT AND REMOVE DIRECTORS. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders THE MEMBER HAS THE EXCLUSIVE RIGHT AND POWER TO APPROVE AMENDMENTS TO THE ARTICLES OF INCORPORATION AND BY-LAWS OF THE CORPORATION, AND CAUSE A DISSOLUTION OF THE CORPORATION. Form 990, Part VI, Line 11b Review of form 990 by governing body SELECTED COMMITTEE MEMBERS ARE PROVIDED WITH A COPY OF FORM 990 FOR REVIEW PURPOSES. AFTER THE INITIAL REVIEW, A COPY OF THE FORM 990 IS MADE AVAILABLE TO THE ENTIRE BOARD PRIOR TO FILING WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy CONFLICT OF INTEREST STATEMENTS ARE REPORTED ON AN ANNUAL BASIS AT BOARD MEETINGS. THEY ARE REVIEWED BY THE BOARD OR THE EXECUTIVE COMMITTEE. THOSE KEY PERSONNEL WITH CONFLICTS ARE ADVISED TO RECUSE THEMSELVES FROM PARTICIPATING IN DECISION MAKING RELATED TO A CONFLICT. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST STATEMENT, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part XI, Line 9 Other changes in net assets or fund balances OTHER CHANGES IN NET ASSETS - 1266; COMMUNITY INVESTMENT CORPORATION 222 SOUTH RIVERSIDE PLAZA 380 CHICAGO IL 60606 362780862 FINANCING PURCHASE/REHAB OF LOW INCOME MULTIFAMILY BUILDINGS IL 501(c)(3) 7 NA false 7456 S Eberhart LLC 1711 S MORGAN STRETT CHICAGO IL 60608 931620635 COMMUNITY DEVELOPMENT REAL ESTATE ACTIVITIES IL NA N/A false 6807 MICHIGAN HOLDING LLC 1711 S MORGAN STREET CHICAGO IL 60608 933482392 COMMUNITY DEVELOPMENT REAL ESTATE ACTIVITIES IL NA N/A false 7800 RIDGELAND JV 4354 S KING DR CHICAGO IL 60653 933160564 COMMUNITY DEVELOPMENT REAL ESTATE ACTIVITIES IL NA N/A false INSPIRE WOODLAWN LLC 2950 W CHICAGO AVE 304 CHICAGO IL 60622 992067149 COMMUNITY DEVELOPMENT REAL ESTATE ACTIVITIES IL NA N/A false 1804 CONSTRUCTION LLC 4352 S KING DRIVE CHICAGO IL 60653 932113685 COMMUNITY DEVELOPMENT REAL ESTATE ACTIVITIES IL NA N/A false DVH PROPERTIES & DEVELOPMENT 101 LLC 700 EAST 61ST 379644 CHICAGO IL 60637 932147867 COMMUNITY DEVELOPMENT REAL ESTATE ACTIVITIES IL NA N/A false United Strategies Holdings LLC 6535 S COTTAGE GROVE AVE FLOOR 2 CHICAGO IL 60637 933788551 COMMUNITY DEVELOPMENT REAL ESTATE ACTIVITIES IL NA N/A false 6959 Merrill LJ Promise LLC 2836 E 77TH PL 409 CHICAGO IL 60649 934370168 COMMUNITY DEVELOPMENT REAL ESTATE ACTIVITIES IL NA N/A false false false false false true false false false false false false true false true true false false false false