CHICAGO DEVELOPMENT FUND, of CHICAGO, IL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.9M in revenue, $683K in expenses, $8.1M in total assets.
THIS CORPORATION IS FORMED EXCLUSIVELY FOR THE BENEFIT OF, AND TO ASSIST IN CARRYING OUT THE ECONOMIC DEVELOPMENT PROGRAM AND OBJECTIVES OF, THE CITY OF CHICAGO AND TO PROMOTE THE DEVELOPMENT, ESTABLISHMENT OR EXPANSION OF INDUSTRIES, COMMUNITY FACILITIES AND UNDERSERVED-AREA RETAIL AMONG OTHER THINGS, BY GENERATING PRIVATE INVESTMENT CAPITAL THROUGH THE NEW MARKETS TAX CREDIT PROGRAM THAT CAN BE MADE AVAILABLE FOR INVESTMENTS IN LOW INCOME COMMUNITIES.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $1.9M | $683K | $8.1M |
| 2023 | $1.2M | $722K | $7.0M |
| 2022 | $941K | $677K | $6.5M |
| 2021 | $871K | $576K | $6.1M |
| 2020 | $575K | $571K | $5.8M |
Between 2020 and 2024, reported annual revenue grew from $575K to $1.9M (+227%), with total assets most recently reported at $8.1M.
Interactive year-over-year charts and full filing details available with membership.
