Public Charity

EMERALD SOUTH ECONOMIC DEVELOPMENT COLLOBORATIVE

EMERALD SOUTH ECONOMIC DEVELOPMENT COLLOBORATIVE is a nonprofit organization categorized as Public Charity based in CHICAGO, IL. Its most recent IRS filing (2025) reports revenue of $1.8M, expenses of $1.5M, total assets of $1.3M. Imperigo tracks 15 reported grant relationships connected to this organization totaling approximately $2.9M.

EIN: 831478837 CHICAGO, IL Latest filing: 2025
Total Revenue$1.8M
Total Expenses$1.5M
Total Assets$1.3M
Grant Records15
Funding Total$2.9M
Filing Years2021–2025

Mission

TO ENSURE THAT ACCESS AND OPPORTUNITIES ARE SHARED TO BENEFIT RESIDENTs AND BUSINESS OWNERS OF CHICAGOS SOUTHSIDE. WE AIM TO FOSTER GROWTH OF LOCAL BUSINESSES AND LEADERS, ATTRACT NEW INVESTMENT, DEVELOP OUR LOCAL LABOR WORKFORCE AND SUPPORT INCLUSIVE HOUSING

Where $100 goes at Emerald South Economic Development Colloborative

How Emerald South Economic Development Colloborative divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$90 Programs the work itself
$10 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $90 for programs

$90
Organization was hiring staff, setting up offices and doing community assessments to determine needs and vision for accomplishing the mission
All program spending
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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

2025
Community Neighborhood Assistance
$50,000
2024
General support for programs, operations and other charitable purposes
$70,000
2024
GTB TA FUNDING AWARD
$35,000
2024
PARTICIPATION IN STELLAR EV WORKING GROUP TRAININGS, SUPPORT FOR NATURE NEAR TRANSIT PROGRAM, SUPPORT FOR NATURE NEAR TRANSIT PROGRAM
$28,250
2024
PUBLIC, SOCIETAL BENEFIT
$25,000

Showing up to 5 of 15 total records — full history available with membership.

Officers & Directors

DIRECTOR Calvin Holmes
DIRECTOR Charise Williams
DIRECTOR Charles Young
DIRECTOR Cory L Thames
DIRECTOR Dawveed Scully
DIRECTOR Donald Mcgruder

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$1,250,000 2 grants
Housing & Homelessness
$942,200 2 grants
General Support
$564,600 7 grants
Environment & Conservation
$159,350 2 grants
Arts & Culture
$20,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $1.8M $1.5M $1.3M
2024 $815K $2.6M $1.0M
2023 $3.2M $2.6M $3.0M
2022 $5.1M $3.2M $2.7M
2021 $2.3M $2.3M $1.2M

Between 2021 and 2025, reported annual revenue declined from $2.3M to $1.8M (-22%), with total assets most recently reported at $1.3M.

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

See the full picture for EMERALD SOUTH ECONOMIC DEVELOPMENT COLLOBORATIVE

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