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EIN 83-1478837

Emerald South Economic Development Colloborative

IRS 501(c) type
501(c)(3)
Num. employees
3
City
Chicago
State
Illinois
Year formed
2018
Most recent tax filings
2022-12-01
NTEE code, primary
S30: Economic Development
Description
Emerald South Economic Development Collaborative fosters growth by ensuring access and opportunities that benefit residents and business owners of southside Chicago. The organization aims to attract new investment, develop local labor, and grow local businesses and leaders. In 2020, Emerald South Economic Development Collaborative hired staff, established offices, and conducted community assessments to determine needs and vision for achieving its mission.
Also known as...
Emerald South Economic Development Collaborative
Total revenues
$5,111,552
2022
Total expenses
$3,175,140
2022
Total assets
$2,699,120
2022
Num. employees
3
2022

Program areas at Emerald South Economic Development Colloborative

Organization was hiring staff, setting up offices and doing community assessments to determine needs and vision for accomplishing the mission.

Who funds Emerald South Economic Development Colloborative

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Obama FoundationSupport the Economic Development of the South Side of Chicago.$1,000,000
The Chicago Community TrustSupport To Generate Community Wealth and Amplify Local Culture Through Shared Pride, Power, and Investment Including Through Affordable Housing and Redevelopment of Under-Utilized Land and Real Estate in the Woodlawn and Washington Park Neighborhoods of Chicago.$471,100
The Greenlining InstituteTo Support Community-Led Action$200,000
...and 1 more grant received

Personnel at Emerald South Economic Development Colloborative

NameTitleCompensation
Ghian ForemanPresident and Chief Executive Officer$0
Joel HamernickBoard Member$0
Richard TolliverTreasurer and Secretary$0
Michael StrautmanisChair$0

Financials for Emerald South Economic Development Colloborative

RevenuesFYE 12/2022
Total grants, contributions, etc.$5,111,552
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$5,111,552

Form 990s for Emerald South Economic Development Colloborative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-07-18990View PDF
2020-122022-02-08990View PDF
2019-122021-08-09990View PDF
2018-122021-12-29990View PDF

Organizations like Emerald South Economic Development Colloborative

OrganizationLocationRevenue
Marshall Area Economic Development Alliance (MAEDA)Marshall, MI$1,562,359
Greater BemidjiBemidji, MN$3,174,764
Southeast Colorado Enterprise Development (SECED)Lamar, CO$1,702,636
Andrews Economic Development CorporationAndrews, TX$2,255,566
Radius IndianaBedford, IN$1,554,298
Fay-Penn Economic Development CouncilLemont Furnace, PA$5,269,897
Gateway Research ParkGreensboro, NC$6,286,958
San Luis Valley Development Resources GroupAlamosa, CO$4,149,975
Clay County Communities Revitalization Association (CCCRA)Hayesville, NC$2,181,052
Bladen's Bloomin' Agri-IndustrialElizabethtown, NC$1,481,904
Data update history
January 9, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 8, 2024
Updated personnel
Identified 2 new personnel
January 3, 2024
Received grants
Identified 1 new grant, including a grant for $1,050 from John D and Catherine T Macarthur Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
October 24, 2023
Received grants
Identified 3 new grant, including a grant for $1,000,000 from The Obama Foundation
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donations
General information
Address
4729 S Drexel Blvd
Chicago, IL 60615
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
Website URL
emeraldsouth.org/ 
Phone
(773) 436-1000
IRS details
EIN
83-1478837
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2018
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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