Public Charity

THE CHICAGO COMMUNITY LOAN FUND

THE CHICAGO COMMUNITY LOAN FUND, of CHICAGO, IL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $18.8M in revenue, $10.9M in expenses, $206.0M in total assets. 27 publicly reported grants to this organization, totaling roughly $33.6M, appear in IRS filings.

EIN: 363762123 CHICAGO, IL Latest filing: 2024
Total Revenue$18.8M
Total Expenses$10.9M
Total Assets$206.0M
Grant Records27
Funding Total$33.6M
Filing Years2020–2024

Mission

ORGANIZATION PROVIDES LOW-COST, FLEXIBLE FINANCING TO NON-PROFIT AND FOR-PROFIT COMMUNITY DEVELOPMENT ORGANIZATIONS FOR THE REVITALIZATION OF LOW AND MODERATE INCOME NEIGHBORHOODS THROUGHOUT METROPOLITAN CHICAGO.

Officers & Directors

SECRETARY Ailisa Herrera
DIRECTOR Andrew Hugger
CHIEF FINANCIAL OFFICER Angela Dowell
DIRECTOR Angela Hurlock
PRESIDENT Calvin Holmes
TREASURER Charles Walls

Officer compensation and complete director data available with membership.

Top Grant Purposes

HUMAN SERVICES
$25,006,000 3 grants
General operating support. In support of the development and construction costs associated with the redevelopment of the Overton School at 221 E. 49th St. and the Chicagoland Opportunity Zones Consortium, from the Searle funds at the Chicago Community Trust.
$3,502,000 2 grants
support for activities on the South Side of Chicago, In support of Chicago Community Loan Fund's Technical Assistance services targeting developers of color.
$925,000 1 grant
TO SUPPORT TECHNOLOGY, STAFF, OTHER STRATEGIES FOR INCREASING CAPACITY TO TRACK DATA AND DELIVER INNOVATIVE PRODUCTS, EPIC FUND, AND CHICAGOLAND OPPORTUNITY ZONES CONSORTIUM
$875,000 1 grant
General support for programs, operations and other charitable purposes
$695,683 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $18.8M $10.9M $206.0M
2023 $15.7M $10.2M $180.0M
2022 $14.6M $8.5M $158.9M
2021 $16.9M $7.4M $136.7M
2020 $11.3M $9.2M $121.3M

Between 2020 and 2024, reported annual revenue grew from $11.3M to $18.8M (+67%), with total assets most recently reported at $206.0M.

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

See the full picture for THE CHICAGO COMMUNITY LOAN FUND

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