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EIN 36-2858304

Greater Southwest Development Corporation (GSDC)

IRS 501(c) type
501(c)(3)
Num. employees
31
City
Chicago
State
Illinois
Year formed
1974
Most recent tax filings
2023-12-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
Greater Southwest Development Corporation (GSDC) is a community development agency based in the City of Chicago whose primary goal is to improve the quality of life in southwest Chicago through entrepreneurial, commercial and residential development, as well as a variety of business and residential resources. The 63rd Street Growth Commission works with small businesses along 63rd Street to meet their individual needs. GSDC and the Commission offer a variety of services for local small business owners and residents, including.
Total revenues
$2,845,355
2023
Total expenses
$2,497,146
2023
Total assets
$18,971,058
2023
Num. employees
31
2023

Program areas at GSDC

Property management - mangage and operate senior housing properties and commercial retail space
Reach center - as a division of Greater Southwest Development corporation, the reach center offeres a wide range of fincancial, housing and job assistance services to community residents. The reach center offers housing counseling services financial coaching services employment services income supports screening and computer training.

Grants made by GSDC

GranteeAmount
Tgi Movement$47,867
TARGET Area Development Corporation (TADC)$46,800
Southwest Collective$45,824
...and 5 more grants made

Who funds Greater Southwest Development Corporation (GSDC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Chicago Community TrustSupporting General Operations of Neighborhood Organization That Facilitates and Promotes Neighborhood Investment Work in Their Community, From the Searle Funds at the Chicago Community Trust.$265,000
The Coleman Foundation IncorporatedGeneral Operating Support - Entrepreneurship$100,000
Enterprise Community PartnersEmergency Action for Residents & Partners Stability$60,000
...and 3 more grants received

Personnel at GSDC

NameTitleCompensation
Adrian SotoExecutive Director$164,371
Cynthia DiazDirector of Human Resources and Compliance
Christine JamesDirector of Real Estate and Community Development
Cynthia GrantDirector , Property Management
Ash RymanApex Director
...and 1 more key personnel

Financials for GSDC

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,535,586
Program services$95,822
Investment income and dividends$211,506
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$370,926
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$631,515
Total revenues$2,845,355

Form 990s for GSDC

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-24990View PDF
2022-122023-11-15990View PDF
2021-122022-08-24990View PDF
2020-122021-08-23990View PDF
2019-122021-02-19990View PDF
...and 10 more Form 990s
Data update history
December 10, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 27, 2024
Updated personnel
Identified 1 new personnel
November 7, 2024
Updated personnel
Identified 6 new personnel
September 21, 2024
Received grants
Identified 2 new grant, including a grant for $265,000 from The Chicago Community Trust
July 11, 2024
Received grants
Identified 2 new grant, including a grant for $35,000 from Nueva Esperanza
Nonprofit Types
Grantmaking organizationsPublic sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
State / local levelReceives government fundingManagement and technical assistanceTax deductible donationsAccepts online donations
General information
Address
2601 W 63rd St
Chicago, IL 60629
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
greatersouthwest.org/ 
Phone
(773) 436-1000
Facebook page
63rdstreetcenter 
Twitter profile
@greatersw 
IRS details
EIN
36-2858304
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1974
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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