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Community Investment Corp

Public charityFed auditsIRS 990
Other · CHICAGO, IL · EIN 36-2780862

About

Community investment corporation (CIC) is a not-for-profit 501(c)(3) corporation. Incorporated in 1973, CIC's mission is to be the leading force in neighborhood revitalization through innovative financial programs. In pursuit of this mission, CIC has become the leading lender for the acquisition, rehabilitation, and preservation of affordable rental housing throughout the chicago metropolitan AREA. CIC provides one of the very few sources of capital for redeveloping and maintaining affordable rental housing, primarily located in low and moderate-income communities. CIC exercises sound management and fiscal prudence in its operations.

Donations are tax-deductible
Category
Other
Employees
49
Volunteers
14

Financial Snapshot

FY ending 2024-09-30
Revenue
$38.6M
Expenses
$21.1M
Assets
$349.2M
Liabilities
$285.3M

Financial history

$38.6M$19.3M$0
161718192021222324
RevenueExpenses
Latest FY2024: $38.6M · Avg: $21.7M
COMMUNITY INVESTMENT CORP
Your actions

Address

222 S Riverside PLZ STE 380
Chicago, IL, 60606-780

Governance

Voting board members15
Independent members14
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.