Chicago Development Fund
Fiscal year ending 2023. Filed on October 17, 2024.
121 North Lasalle Street 1006
Chicago, Illinois 60602
Chicago Development Fund (EIN: 20-3295327) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Chicago Development Fund, a 501(c)(3) charitable organization, reported compensation for 9 employees. Among the employees shown here, the average compensation is $172,148. The highest compensated employee at Chicago Development Fund is Ciere Boatright with fiscal year 2023 compensation of $196,964.
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Mission Statement
THIS CORPORATION IS FORMED EXCLUSIVELY FOR THE BENEFIT OF, AND TO ASSIST IN CARRYING OUT THE ECONOMIC DEVELOPMENT PROGRAM AND OBJECTIVES OF, THE CITY OF CHICAGO AND TO PROMOTE THE DEVELOPMENT, ESTABLISHMENT OR EXPANSION OF INDUSTRIES, COMMUNITY FACILITIES AND UNDERSERVED-AREA RETAIL AMONG OTHER THINGS, BY GENERATING PRIVATE INVESTMENT CAPITAL THROUGH THE NEW MARKETS TAX CREDIT PROGRAM THAT CAN BE MADE AVAILABLE FOR INVESTMENTS IN LOW INCOME COMMUNITIES.
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