South Shore Chamber Community Development Corporation is a 501(c)(3) organization based in Chicago, Illinois, registered in 1999, with $1,963,513 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$2.0M
▼ 1.3% vs prior year
Community median: $184K
Expenses (FY2024)
$1.3M
Net assets
$1.7M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for South Shore Chamber Community Development Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For South Shore Chamber Community Development Corporation: 16 mo reserves · +32% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for South Shore Chamber Community Development Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For South Shore Chamber Community Development Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $370K (FY2013) to $2.0M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
32.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.4M
Total liabilities
$640K
Net assets
$1.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,963,513▼1.3% | $1,325,517▲13.7% | $1,730,903▲58.4% | $2,371,161▲34.8% | 990 |
| 2023 | $1,989,918▲54.4% | $1,166,050▲6.8% | $1,092,907▲306% | $1,759,138▲396% | 990 |
| 2022 | $1,289,149▲32.0% | $1,092,016▲27.9% | $269,039▲244% | $354,431▲140% | 990 |
| 2021 | $976,693▲105% | $853,655▲95.3% | $78,251▲307% | $147,923▲89.1% | 990 |
| 2020 | $476,433▲64.5% | $437,203▲16.6% | -$37,788▲50.9% | $78,229▲454% | 990 |
| 2019 | $289,653▲27.4% | $374,839▲78.1% | -$77,018▼1044% | $14,111▼81.9% | 990 |
| 2018 | $227,316▲158% | $210,439▲325% | $8,160▲194% | $78,126▲22.8% | 990 |
| 2017 | $87,937▼41.6% | $49,540▼59.6% | -$8,717▲81.5% | $63,600▲140% | 990 |
| 2016 | $150,632▼17.6% | $122,709▼32.5% | -$47,114▲37.2% | $26,482▲71.7% | 990 |
| 2015 | $182,737▼47.7% | $181,789▼51.9% | -$75,037▲1.2% | $15,424▲65.3% | 990 |
| 2014 | $349,347▼5.5% | $378,090▼21.2% | -$75,965▼60.9% | $9,331▼46.0% | 990 |
| 2013 | $369,734 | $479,904▼18.7% | -$47,222▼175% | $17,287▼75.9% | 990 |
| 2012 | — | $590,377 | $62,948 | $71,820 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
13 grants to South Shore Chamber Community Development Corporation totaling $1.9M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Charities Aid Foundation America | Charitable donation | 2024 | $25,000 |
| The Chicago Community Trust | General support for programs, operations and other charitable purposes | 2023 | $100,000 |
| Local Initiatives Support Corporation | See part iv | 2023 | $65,400 |
| Womens Business Development Center | Business support organizations (we rise) providing technical assistance | 2023 | $15,000 |
| The Chicago Community Trust | A real estate development staff position and to provide an equity contribution for a real estate project on the 71st corridor in the south shore neighborhood as part of the neighborhood developers initiative. | 2022 | $850,000 |
| Local Initiatives Support Corporation | See part iv | 2022 | $37,500 |
| Womens Business Development Center | Small business assistance grants | 2022 | $15,000 |
| The Chicago Community Trust | To provide pre-development funding to support the early stage analysis and due diligence for a real estate development project in south shore as part of the neighborhood developers initiative. for support of the neighborhood developers initiative. in support of the south side neighborhood capacity partnership with the community programs accelerator at the university of chicago office of civic engagement. | 2021 | $261,000 |
| The Chicago Community Trust | To provide pre-development funding to support the early stage analysis and due diligence for a real estate development project in south shore as part of the neighborhood developers initiative. for support of the neighborhood developers initiative. in support of the south side neighborhood capacity partnership with the community programs accelerator at the university of chicago office of civic engagement. | 2021 | $261,000 |
| Local Initiatives Support Corporation | See part iv | 2021 | $143,999 |
| Local Initiatives Support Corporation | See part iv | 2020 | $96,000 |
| Robert R Mccormick Foundation | For small business emergency fund | 2020 | $50,000 |
| United Way of Metropolitan Chicago Inc | Program support | 2020 | $25,000 |
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Data for South Shore Chamber Community Development Corporation (EIN 36-4265009) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.