Program areas at Bickerdike Redevelopment Corporation
Housing development - Bickerdike has developed 2,060 units of safe, quality, affordable housing in 264 buildings. We provided homes for nearly 3,500 residents and ensure that the properties remain affordable for long term.
Housing related services: to perform services for senior citizens including minor repairs and accessibility improvements to help seniors live in their homes independently as well as technical and housing related information provided to the community.
Commercial & asset management - the commercial & asset program is involved with providing a variety of services to the community. We have several commercial spaces which are all leased to operators who provide a wide range of needed services to local residents. One of our commercial spaces is leased for the operation of a fresh market and grocery store that provides easy access for community residents to fresh, healthy foods at reasonable prices, as well as providing jobs to the neighborhood residents through a local employment agreement. Our space known as the California parking lot is leased to a erie family health center that services the local community, providing low cost parking for its employees in an area where parking is scarce. Through our la estancia commercial spaces, we rent space to a day care center serving local families with day care and after school programming; lease space to a local not for profit for the operation of a diabetes prevention program; as well as space for auxiliary classrooms for an alternative high school and through our zapata commercial space we lease space to a non-profit provider of employment and social services. Our asset management activities include oversight and activity related to our interest in the above assets, as well as our quality affordable housing which provides 2,060 units of badly needed affordable housing in our community.
Who funds Bickerdike Redevelopment Corporation
Grants from foundations and other nonprofits
Financials for Bickerdike Redevelopment Corporation
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $535,500 | $413,228 | 29.6% |
| Program services | $2,946,264 | $2,618,873 | 12.5% |
| Investment income and dividends | $1,424,862 | $2,167,558 | -34.3% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $-37,363 | $-1,097 | -3305.9% |
| Net gain from sale of non-inventory assets | $1,096,386 | $83,330 | 1215.7% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $3,509,625 | $6,900,467 | -49.1% |
| Total revenues | $9,475,274 | $12,182,359 | -22.2% |
Organizations like Bickerdike Redevelopment Corporation
| Organization | Type | Location | Revenue |
|---|
| Coalition for a Better Acre (CBA) | 501(c)(3) | Lowell, MA | $4,483,773 |
| MQVN Community Development Corporation | 501(c)(3) | New Orleans, LA | $4,630,723 |
| Centerboard | 501(c)(3) | Lynn, MA | $26,186,674 |
| Neighborhood Development Center | 501(c)(3) | Saint Paul, MN | $10,163,231 |
| Seward Redesign | 501(c)(3) | Minneapolis, MN | $5,591,588 |
| Riverworks Development Corporation | 501(c)(3) | Milwaukee, WI | $2,829,114 |
| Southwest Michigan First Corporation | 501(c)(3) | Kalamazoo, MI | $8,034,787 |
| Waterbury Development Corporation | 501(c)(3) | Waterbury, CT | $3,325,742 |
| Chicago Neighborhood Initiatives | 501(c)(3) | Chicago, IL | $4,099,612 |
| Destination Medical Center Economic Development Agency | 501(c)(3) | Rochester, MN | $4,963,508 |
Data update history
February 24, 2025
Posted financials
Added Form 990 for fiscal year 2023
February 23, 2025
Updated personnel
Identified 2 new personnel
January 14, 2025
Received grants
Identified 1 new grant, including a grant for $512,390 from Elevate Energy November 20, 2024
Updated personnel
Identified 3 new personnel
November 5, 2024
Updated personnel
Identified 2 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesCommunity improvementHousingEconomic development
Characteristics
Receives government fundingTax deductible donationsAccepts online donations
General information
- Address
- 2550 W N Ave
- Chicago, IL 60647
- Metro area
- Chicago-Naperville-Elgin, IL-IN-WI
- County
- Cook County, IL
- Website URL
- bickerdike.org/Â
- Phone
- (773) 278-5669
- Facebook page
- BickerdikeRCÂ
- Twitter profile
- @bickerdikercÂ
IRS details
- EIN
- 23-7087890
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1967
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S31: Urban, Community Economic Development
- NAICS code, primary
- 926110: Economic Development Corporations and Economic Program Organizations
- Parent/child status
- Independent
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