2026-02-06T14:46:24-06:00 2025-06-30 943108253 NOVOGRADAC & COMPANY LLP 3025 NORTH WOOSTER AVENUE DOVER OH 44622 990 2024-07-01 271832686 CHICAGO NEIGHBORHOOD INITIATIVES INC CHIC 7733412067 1000 EAST 111TH STREET - 10TH FLOOR CHICAGO IL 60628 DAVID DOIG PRESIDENT 7733412060 2026-02-06 1 1 DAVID CONWAY P00839993 3303655400 2024 2025-03-06 01:10:19Z DAVID DOIG 1000 EAST 111TH STREET CHICAGO IL 60628 8124037 0 X CNIGROUP.ORG X 2010 IL GENERATING ECONOMIC DEVELOPMENT AND AFFORDABLE HOUSING & COMBATING COMMUNITY DETERIORATION IN LOW-INCOME COMMUNITIES. 12 12 11 0 0 0 1823858 1338019 1500308 1452396 390714 90827 384732 4382488 4099612 7263730 356021 1378008 0 0 1079142 1340891 0 0 101074 1407651 5138398 2842814 7857297 1256798 -593567 27335405 19514030 11827191 4599383 15508214 14914647 GENERATING ECONOMIC DEVELOPMENT & COMBATING COMMUNITY DETERIORATION IN LOW-INCOME COMMUNITIES. 0 0 2770258 1378008 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. 136069 977358 NEW MARKET TAX CREDITS: MANAGES THE NMTC TO ENCOURAGE PRIVATE INVESTMENT IN PROJECTS IN ECONOMICALLY DISTRESSED NEIGHBORHOODS THROUGHOUT CHICAGO. 2906327 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 11 0 1 11 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 IL X JENNIFER BRANSFIELD 7733412067 1000 EAST 111TH STREET - 10TH FLOOR CHICAGO IL 60628 MERLON JACKSON CHAIR 2.00 X X 0 0 0 BRIDGET O'KEEFE VICE CHAIR 2.00 X X 0 0 0 THOMAS MCMAHON SECRETARY 2.00 X X 0 0 0 LISA HERRERA DIRECTOR 2.00 X 0 0 0 NICOLE JACKSON DIRECTOR 2.00 X 0 0 0 DARRYL JACOBS DIRECTOR 2.00 X 0 0 0 ANGELICA MARKS DIRECTOR 2.00 X 0 0 0 WILLIARD PAYTON DIRECTOR 2.00 X 0 0 0 ARNOLD PUGH DIRECTOR 2.00 X 0 0 0 CHRISTIAN REGAN DIRECTOR 2.00 X 0 0 0 TONI THOMPSON DIRECTOR 2.00 X 0 0 0 DANIEL WATTS DIRECTOR 2.00 X 0 0 0 DAVID DOIG PRESIDENT 40.00 2.00 X 323548 0 35470 JENNIFER BRANSFIELD COO AND GENERAL COUNSEL 40.00 2.00 X 276126 0 50144 ANNETTE WASHINGTON VICE PRESIDENT OF FINANCE 40.00 2.00 X 203806 0 20786 TERRENCE JOHNSON EXECUTIVE DIRECTOR, GAC 2.00 38.00 X 178552 0 25695 KIMBERLY MORRIS DIRECTOR OF REAL ESTATE AND COMMUNITY DEVELOPMENT 40.00 2.00 X 116387 0 15067 1098419 0 147162 8 0 1 0 0 211250 756302 370467 1338019 NMTC FEE INCOME 541900 977358 977358 DEVELOPMENT FEES 541900 256705 256705 SERVICE AND FACILITY MANAGEMENT 541900 218333 218333 1452396 90827 90827 651851 799604 -147753 -147753 -147753 0 211250 60703 -60703 -60703 LOAN FORGIVENESS INCOME 900099 4365000 4365000 OTHER INCOME 900099 153093 153093 AFFILIATE INCOME 900099 72851 72851 4590944 7263730 5986414 0 -60703 1378008 1378008 717996 452337 215399 50260 353739 222855 106122 24762 39571 24930 11871 2770 167026 105227 50107 11692 62559 39412 18768 4379 17881 17881 93126 93126 230005 230005 28018 19613 8405 203489 195026 6862 1601 29686 18703 8905 2078 29000 18270 8700 2030 21456 13518 6436 1502 113607 113607 63563 56935 6628 51417 51417 LOSS ON AFFILIATE INVES 3625467 3625467 LOSS ON IMPAIRMENT 531341 531341 OTHER ADMINISTRATIVE EX 100342 100342 7857297 2906327 4849896 101074 2585881 1531820 1824643 77155 540430 120000 1895822 923600 923719 944342 659613 890438 206223 228624 7370400 2340233 5311783 5030167 13387291 9767884 27335405 19514030 535032 417918 1405322 9886837 4181465 11827191 4599383 X 14648060 14739299 860154 175348 15508214 14914647 27335405 19514030 -593567 0 X 0 1 X 1 0 X 819381 4058896 2225872 1823858 1338019 10266026 1109101 683129 1342416 2489624 1452396 7076666 1928482 4742025 3568288 4313482 2790415 17342692 0 1109057 158902 950868 951412 720213 3890452 1109057 158902 950868 951412 720213 3890452 13452240 17832 50260 55183 94914 90827 309016 17832 50260 55183 94914 90827 309016 4676166 1437140 566674 446448 4590944 11717372 6622480 6229425 4190145 4854844 7472186 29369080 0.45800 0.55150 0.01050 0.01030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1073928 1073928 2048685 397500 1651185 2500936 1308485 1192451 1746851 634248 1112603 5030167 INVESTMENTS IN AFFILIATES 9767884 C 9767884 X PART X, LINE 2: CNI AND GAC ARE NOT-FOR-PROFIT CORPORATIONS AND ARE EXEMPT FROM TAX UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3). ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED CHICAGO NEIGHBORHOOD INITIATIVES, INC. 27-1832686 THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT, AS OF JUNE 30, 2025 AND 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2022. CNI 15TH YEAR ANNIVERSARY 211250 211250 2820 29627 4104 24152 211250 211250 2820 29627 4104 24152 60703 -60703 1 PULLMAN HOTEL GROUP 11030 S DOTY AVE CHICAGO IL 60628 833844275 199918 0 PROGRAM SUBGRANTEE HAREER FOODS 5452 S HALSTED ST CHICAGO IL 60609 450997546 401894 0 DCEO- REBUILD IL - PROGRAM SUBGRANTEE CITY OF MARKHAM 16313 KEDZIE PKWY MARKHAM IL 60428 366005984 501(C)3 432934 0 DCEO - REBUILD IL - PROGRAM SUBGRANTEE PART I, LINE 2: GRANTS, SPONSORSHIPS AND ASSISTANCE ARE AWARDED ON A ONE-TIME BASIS IN ACCORDANCE TO DOCUMENTATION PROVIDED TO SUPPOR THE USE OF GRANT FUNDS. ALL GRANTS, SPONSORSHIPS, AND ASSISTANCE REQUESTS ARE APPROVED BY SENIOR MANAGEMENT. AWARDS ARE IN ALIGNMENT WITH THE MISSION OF CHICAGO NEIGHBORHOOD INITIATIVES, INC. 0 0 0 0 0 0 0 0 0 DAVID DOIG PRESIDENT 323548 0 0 0 0 0 9518 0 25952 0 359018 0 0 0 JENNIFER BRANSFIELD COO AND GENERAL COUNSEL 276126 0 0 0 0 0 11005 0 39139 0 326270 0 0 0 ANNETTE WASHINGTON VICE PRESIDENT OF FINANCE 203806 0 0 0 0 0 7723 0 13063 0 224592 0 0 0 TERRENCE JOHNSON EXECUTIVE DIRECTOR, GAC 178552 0 0 0 0 0 4695 0 21000 0 204247 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD RETAINS THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ORGANIZATION'S FORM 990. THE ORGANIZATION'S MANAGEMENT REVIEWS THE COMPLETED FORM 990 AND A FINAL DRAFT OF THE FORM 990 IS SUBMITTED. 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, WITH POWERS DELEGATED BY THE BOARD. THE COMMITTEE UTILIZES NATIONAL AND LOCAL COMPARABILITY DATA TO DETERMINE COMPENSATION FOR THE PRESIDENT AND ALL EMPLOYEES. THE COMPENSATION IS PRESENTED TO THE FULL BOARD OF DIRECTORS FOR APPROVAL THROUGH THE ANNUAL OPERATING BUDGETING PROCESS PRIOR TO IMPLEMENTATION. 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 BASED UPON REQUEST. 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