Public Charity

EIGHTEENTH STREET DEVELOPMENT CORP

EIGHTEENTH STREET DEVELOPMENT CORP is a Public Charity headquartered in CHICAGO, IL. Financial data from the 2020 filing: $325K revenue, $457K expenses, $14K total assets. 13 publicly reported grants to this organization, totaling roughly $926K, appear in IRS filings.

EIN: 362899333 CHICAGO, IL General Support NTEE: DEFAULT Latest filing: 2020
Total Revenue$325K
Total Expenses$457K
Total Assets$14K
Grant Records13
Funding Total$926K
Filing Years2017–2020

Mission

COMMERCIAL SUPPORT SERVICES (CSS)- EIGHTEENTH STREET DEVELOPMENT CORPORATION (ESDC) ASSISTS AREA BUSINESSES TO RESOLVE ZONING, LICENSING, AND OTHER ISSUES WHICH REQUIRE INTERFACE WITH LOCAL OR CITY GOVERNMENT OFFICES. ESDC WORKS WITH A VARIETY OF PUBLIC AND PRIVATE OFFICIALS TO PLAN THE LOCATION AND SCOPE OF CITY OF CHICAGO AND COOK COUNTY IMPROVEMENT PROJECTS TO ENSURE THAT NEIGHBORHOOD NEEDS ARE ADDRESSED. ESDC SEEKS TO PROMOTE AREA BUSINESSES BY PUBLISHING AN ANNUAL BUSINESS DIRECTORY AND ALSO PRODUCING A VARIETY OF EVENTS DURING THE YEAR. THESE INCLUDE MOLE DE MAYO IN THE MONTH OF MAY AND BUEN PROVECHO PILSEN IN SEPTEMBER. LOCAL INDUSTRIAL RETENTION INITIATIVE (LIRI)- BY WORKING WITH OVER 200 HUNDRED SMALL, MEDIUM AND LARGE SCALE BUSINESSES IN PILSEN'S INDUSTRIAL CORRIDOR, THE INDUSTRIAL DEVELOPMENT DIVISION OF ESDC ASSISTS IN THE GROWTH AND DEVELOPMENT OF INDUSTRIAL BUSINESSES TO EXPAND EMPLOYMENT OPPORTUNITIES IN THE COMMUNITY. THE PILSEN INDUSTRIAL CORRIDOR (PMD 11) COVERS 907 A

Sample Grants Received

2024
Sponsorship of various event
$6,000
2023
General operating
$20,000
2023
Sponsorship of Festival Mole de Mayo
$8,000
2022
Supporting General Operations of neighborhood organization that facilitates and promotes neighborhood investment work in their community, from the Searle funds at The Chicago Community Trust.
$100,000
2022
General operating
$40,000

Showing up to 5 of 13 total records — full history available with membership.

Officers & Directors

DIRECTOR/TRU Dr Eliza Ochoa
DIRECTOR/ TR Jamil Muhammad
DIRECTOR/TRU Marcelo Garza
TREASURER Matt Doubleday
VICE - CHAIR Rafael Diaz
BOARD CHAIR Ruben Saavedra

Officer compensation and complete director data available with membership.

Top Grant Purposes

TO SUPPORT FOOD FOR HOPE FOOD DRIVES, WE WILL CHICAGO CITYWIDE PLAN, AND ECONOMIC STRATEGY DEVELOPMENT CORPORATION
$251,000 1 grant
To provide collaborative funds Support to community partners for their role in the We Will Chicago citywide plan. In support of general operations.
$226,000 2 grants
CAPACITY BUILDING/GENERAL SUPPORT
$160,000 3 grants
TO SUPPORT THE ECONOMIC STRATEGIES DEVELOPMENT CORPORATIONS
$100,000 1 grant
Supporting General Operations of neighborhood organization that facilitates and promotes neighborhood investment work in their community, from the Searle funds at The Chicago Community Trust.
$100,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2020 $325K $457K $14K
2019 $437K $374K $136K
2018 $214K $267K $22K
2017 $192K $251K $45K

Between 2017 and 2020, reported annual revenue grew from $192K to $325K (+69%), with total assets most recently reported at $14K.

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

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