Far South Community Development Corp.

Fiscal year ending 2024. Filed on December 16, 2025.

837 West 115th Street
Chicago, Illinois 60643

Far South Community Development Corp. (EIN: 36-2946248) has filed an IRS Form 990 since fiscal year 2018. In its fiscal year 2024 IRS Form 990 filing, Far South Community Development Corp., a 501(c)(3) charitable organization, reported compensation for 5 out of 21 total employees. Among the employees shown here, the average compensation is $133,750. The highest compensated employee at Far South Community Development Corp. is Abraham Lacy with fiscal year 2024 compensation of $147,500.

Revenue, expenses, and employee compensation

Revenue

$4,803,263

Expenses

$3,236,035

Employee compensation

$1,503,170
Revenue, expenses, and employee compensation over time

Mission Statement

Through planning and collaboration with private developers, governmental entities and other stake-holders, the Far-South Community Development Corporation (Far South CDC)strives to facilitate and foster quality retail businesses that will meet the needs of the community, new industrial uses, and new rehabilitated commercial and residential real estate developments that will create jobs and improve the quality of life for all people who live and work in its service area.

Revisions to this organization profile

December 16, 2025:
Amended (originally filed November 17, 2025)2024 Far South Community Development Corp. 990 filed
January 20, 2025:
Amended (originally filed November 12, 2024)2023 Far South Community Development Corp. 990 filed
February 1, 2024:
Amended (originally filed November 15, 2023)2022 Far South Community Development Corp. 990 filed

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