Public Charity

CHICAGO SOUTHLAND ECONOMIC DEVELOPMENT CORPORATION

CHICAGO SOUTHLAND ECONOMIC DEVELOPMENT CORPORATION, of EAST HAZEL CREST, IL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $270K in revenue, $261K in expenses, $604K in total assets. 3 publicly reported grants to this organization, totaling roughly $815K, appear in IRS filings.

EIN: 364248732 EAST HAZEL CREST, IL Latest filing: 2024
Total Revenue$270K
Total Expenses$261K
Total Assets$604K
Grant Records3
Funding Total$815K
Filing Years2020–2024

Mission

THE CHICAGO SOUTHLAND ECONOMIC DEVELOPMENT CORPORATION HAS MADE SUBSTANTIAL PROGRESS IN ADVANCING KEY ECONOMIC INITIATIVES, STRENGTHENING INDUSTRY RELATIONSHIPS, AND SUPPORTING BOTH BUSINESSES AND WORKFORCE DEVELOPMENT. BY CONTINUING TO DRIVE INVESTMENT, INNOVATION, AND INFRASTRUCTURE IMPROVEMENTS, CSEDC REMAINS COMMITTED TO FOSTERING SUSTAINABLE ECONOMIC GROWTH AND ENHANCING THE PROSPERITY OF THE SOUTHLAND REGION.

Sample Grants Received

2022
SMALL BUSINESS ASSISTANCE GRANTS
$15,000
2021
In support of the purchase and construction costs associated with the renovation of 4343 Ascending House located at 4343 Lincoln Highway in Matteson I.
$400,000
2021
In support of the purchase and construction costs associated with the renovation of 4343 Ascending House located at 4343 Lincoln Highway in Matteson I.
$400,000

Showing up to 5 of 3 total records — full history available with membership.

Officers & Directors

SECRETARY Edward Paesel
TRUSTEE Joseph Roudez Iii
TREASURER Mark Thompson
TRUSTEE Mary Schmidt
CHAIRMAN Michael Scholefield
TRUSTEE Monica Gordon

Officer compensation and complete director data available with membership.

Top Grant Purposes

In support of the purchase and construction costs associated with the renovation of 4343 Ascending House located at 4343 Lincoln Highway in Matteson I.
$800,000 2 grants
SMALL BUSINESS ASSISTANCE GRANTS
$15,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $270K $261K $604K
2023 $397K $252K $979K
2022 $926K $442K $840K
2021 $512K $248K $386K
2020 $167K $169K $96K

Between 2020 and 2024, reported annual revenue grew from $167K to $270K (+61%), with total assets most recently reported at $604K.

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

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