Public Charity

COMMUNITY INVESTMENT CORPORATION

Based in CHICAGO, IL, COMMUNITY INVESTMENT CORPORATION operates as a Public Charity. The organization reported $38.6M in revenue, $21.1M in expenses, $349.2M in total assets for fiscal year 2024. Imperigo tracks 18 reported grant relationships connected to this organization totaling approximately $24.4M.

EIN: 362780862 CHICAGO, IL Latest filing: 2024
Total Revenue$38.6M
Total Expenses$21.1M
Total Assets$349.2M
Grant Records18
Funding Total$24.4M
Filing Years2020–2024

Mission

COMMUNITY INVESTMENT CORPORATION (CIC) IS A NOT-FOR-PROFIT 501(C)(3) CORPORATION. INCORPORATED IN 1973, CIC'S MISSION IS TO BE THE LEADING FORCE IN NEIGHBORHOOD REVITALIZATION THROUGH INNOVATIVE FINANCIAL PROGRAMS. IN PURSUIT OF THIS MISSION, CIC HAS BECOME THE LEADING LENDER FOR THE ACQUISITION, REHABILITATION, AND PRESERVATION OF AFFORDABLE RENTAL HOUSING THROUGHOUT THE CHICAGO METROPOLITAN AREA. CIC PROVIDES ONE OF THE VERY FEW SOURCES OF CAPITAL FOR REDEVELOPING AND MAINTAINING AFFORDABLE RENTAL HOUSING, PRIMARILY LOCATED IN LOW AND MODERATE-INCOME COMMUNITIES. CIC EXERCISES SOUND MANAGEMENT AND FISCAL PRUDENCE IN ITS OPERATIONS.

Officers & Directors

AQUISITION MANAGER Andre Collins
DIRECTOR Andrew Salk
DIRECTOR Angie Marks
DIRECTOR OF COMMUNICATIONS Anne Cole
DIRECTOR Collete English Dixon
DIRECTOR Daniel Watts

Officer compensation and complete director data available with membership.

Top Grant Purposes

General support for programs, operations and other charitable purposes
$15,100,000 1 grant
GENERAL OPERATING SUPPORT
$8,100,000 1 grant
Housing and Transportation
$250,000 1 grant
THE PRESERVATION COMPACT
$160,000 2 grants
MSC REGRANTS-GRANT
$155,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $38.6M $21.1M $349.2M
2023 $17.6M $17.7M $316.5M
2022 $18.6M $16.9M $313.7M
2021 $31.6M $21.5M $332.7M
2020 $19.7M $19.5M $329.2M

Between 2020 and 2024, reported annual revenue grew from $19.7M to $38.6M (+96%), with total assets most recently reported at $349.2M.

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

See the full picture for COMMUNITY INVESTMENT CORPORATION

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