Public Charity

Near North Development Corporation

Near North Development Corporation is a nonprofit organization categorized as Public Charity based in Chicago, IL. Its most recent IRS filing (2024) reports revenue of $540K, expenses of $469K, total assets of $2.0M.

EIN: 362655083 Chicago, IL Latest filing: 2024
Total Revenue$540K
Total Expenses$469K
Total Assets$2.0M
Grant Records3
Filing Years2019–2024

Mission

To invest in people and property through the development, maintenance, and improvement of quality mixed-income housing and related supportive services for persons of very low and moderate income in the North Town area.

Officers & Directors

Director Bernard Mccune
Director Denice Williams
Director Eva L Garrett
Secretary Ivy Ellis
Treasurer Kandyce Mccoy Cunningham
Executive Director Kelvin M Strong

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $540K $469K $2.0M
2023 $593K $506K $1.8M
2022 $919K $907K $1.6M
2020 $747K $785K $1.7M
2019 $978K $1.2M $1.7M

Between 2019 and 2024, reported annual revenue declined from $978K to $540K (-45%), with total assets most recently reported at $2.0M.

Interactive year-over-year charts and full filing details available with membership.

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