CHICAGO COMMUNITY LOAN FUND
29 E MADISON STE 1700, CHICAGO, IL 60602 www.cclfchicago.org

Total Revenue
$8,854,883
Total Expenses
$7,353,607
Net Assets
$30,450,503

Organizations Filed Purposes: ORGANIZATION PROVIDES LOW-COST, FLEXIBLE FINANCING TO NON-PROFIT AND FOR-PROFIT COMMUNITY DEVELOPMENT ORGANIZATIONS FOR THE REVITALIZATION OF LOW AND MODERATE INCOME NEIGHBORHOODS THROUGHOUT METROPOLITAN CHICAGO.

PROVIDE LOW-COST COMMUNITY DEVELOPMENT PROJECT LOANS

LENDING - CCLF OPERATES AS A REVOLVING LOAN FUND, PROVIDING FINANCING THROUGH ITS LOAN POOL OF LENDING CAPITAL FOR AFFORDABLE HOUSING, NONPROFIT FACILITY AND OFFICE SPACE, COMMERCIAL AND RETAIL DEVELOPMENT AND OTHER ACTIVITIES. THESE PROJECTS PROMISE HIGH SOCIAL IMPACT THROUGH THE PRODUCTION AND PRESERVATION OF AFFORDABLE HOUSING, JOB CREATION AND OTHER SERVICES FOR LOW AND MODERATE INCOME INDIVIDUALS, FAMILIES AND COMMUNITIES.

TECHNICAL ASSISTANCE - CCLF'S GATEWAY TO COMMUNITY DEVELOPMENT PROGRAM PROVIDES TECHNICAL ASSISTANCE TO BORROWERS AND NON-BORROWERS THROUGH TIME SENSITIVE REAL ESTATE DEVELOPMENT ADVICE AND REFERRALS, A RANGE OF WORKSHOP TOPICS, FACILITATED PLANNING PROCESSES AND SUPPORT FOR SUSTAINABLE BUILDING PRACTICES.

ECONOMIC DEVELOPMENT - CCLF IS HISTORICALLY A NICHE LENDER: ONE THAT MEETS THE FINANCING AND TECHNICAL ASSISTANCE NEEDS THAT ARE UNMET IN THE LOW TO MODERATE INCOME COMMUNITIES. THE 2012 - 2016 STRATEGIC PLAN HAS DIRECTED A COURSE OF COLLABORATIVE RELATIONSHIPS, EXPLORATION OF AVAILABLE PROGRAMS NEW TO CCLF AND THE CO-CREATION OF PROGRAMS TO BUILD AND/OR REHABILITATE COMMERCIAL REAL ESTATE. THIS PROGRAM IS DESIGNED TO RESEARCH AND FINANCE SUCH OPPORTUNITIES.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Calvin HolmesPRESIDENT55$260,485
Robert TuckerCOO, VP OF PROGRAMS50$192,777
Maurice WilliamsVP ECON. DEVELOPMENT50$161,127
Angela DowellCHIEF FINANCIAL OFFICER50$159,986
Juan CalixtoVP EXT. RELATIONS50$139,152
Taft WestVP TECHNICAL ASS. & SUSTAI50$130,699
Lycrecia ParksVP PORTFOLIO MGMT.50$128,555
Wendell HarrisVP LENDING OPERATIONS50$118,443
Deborah SabolDIRECTOR OF OPERATION50$114,161
Sonya MalundaDIRECTOR0.1$0
Jennifer GuzmanDIRECTOR0.1$0
Michael KauffmanDIRECTOR0.5$0
Stephanie S Green EsqDIRECTOR0.5$0
Kevin GoldsmithDIRECTOR0.2$0
Kathy TholinDIRECTOR0.4$0
Mark SpearsDIRECTOR0.5$0
Elias RosarioDIRECTOR0.1$0
Eric PhillipsDIRECTOR0.2$0
Patricia MccrearyASST. SECRETARY0.5$0
Dr Amara C EnyiaDIRECTOR0.2$0
Andrew HuggerDIRECTOR0.6$0
Edward HoynesDIRECTOR0.1$0
Lisa HerreraASST. SECRETARY0.6$0
Erik HallVICE CHAIR0.4$0
Thomas FitzgibbonDIRECTOR0.1$0
Jody AdlerDIRECTOR0.3$0
Dorothy AbreuDIRECTOR0.6$0
Mohammed ElahiSECRETARY0.4$0
Charles WallsTREASURER0.4$0
Matthew ReileinCHAIR0.6$0
John TuohyDIRECTOR0.3$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202002419349300620_public.xml