Public Charity

COMMUNITY INVESTMENT CORPORATION

Based in CHICAGO, IL, COMMUNITY INVESTMENT CORPORATION operates as a Public Charity. The organization reported $24.8M in revenue, $22.7M in expenses, $374.7M in total assets for fiscal year 2025. Imperigo tracks 20 reported grant relationships connected to this organization totaling approximately $24.8M.

EIN: 362780862 CHICAGO, IL Housing Development, Construction & Management NTEE: L20 Latest filing: 2025
Total Revenue$24.8M
Total Expenses$22.7M
Total Assets$374.7M
Grant Records20
Funding Total$24.8M
Filing Years2021–2025

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.

Where $100 goes at Community Investment Corporation

How Community Investment Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$88 Programs the work itself
$11 Management running the organization
$1 Fundraising raising the next dollar

Inside the $88 for programs

$79
During fy 2025, cic closed 59 loans for a total of $49.2 million under the multifamily loan program
90% of program spending · Reported in the filing: 59 loans; 27 units
$3
In fy 2018, cic and the preservation compact secured $34 million to create the opportunity investment fund (oif), an innovative, streamlined vehicle to finance multifamily rental buildings and…
4% of program spending · Reported in the filing: 230 units of mixed-income; 46 units
$3
Single-family rental property loans
3% of program spending · Reported in the filing: 84 loans; 796 units

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

The Chicago Community Trust
2024
General support for programs, operations and other charitable purposes
$200,000
GROWTH PARTNERS ARIZONA
2024
BIPOC LOAN FUNDS INVESTMENT
$150,000
NATIONAL PHILANTHROPIC TRUST
2024
PUBLIC, SOCIETAL BENEFIT
$100,000
The Chicago Community Trust
2023
General support for programs, operations and other charitable purposes
$15,100,000
MOVEMENT STRATEGY CENTER
2023
MSC REGRANTS-GRANT
$155,000

Showing up to 5 of 20 total records — full history available with membership.

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
$24,058,507 12 grants
Education
$290,000 4 grants
Housing & Homelessness
$250,000 1 grant
Arts & Culture
$160,000 2 grants
Human & Social Services
$20,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $24.8M $22.7M $374.7M
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

Between 2021 and 2025, reported annual revenue declined from $31.6M to $24.8M (-21%), with total assets most recently reported at $374.7M.

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

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