Afc Community Development Corporation

Organization Overview

Afc Community Development Corporation is located in Chicago, IL. The organization was established in 1996. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Afc Community Development Corporation employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Afc Community Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Afc Community Development Corporation generated $663.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.1% each year . All expenses for the organization totaled $675.4k during the year ending 12/2021. While expenses have increased by 17.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

AREA REVITALIZATION

Describe the Organization's Program Activity:

Part 3 - Line 4a

AREA REVITALIZATION


AREA REVITALIZATION


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Board, Officers & Key Employees

Name (title)Compensation
Zeolia Gordon
Secretary
$0
Davell Adams
Director
$0
Kelly Williams
President
$0
Lolita Foster
Director
$0
Willamae Turnipseed
Director
$0
Sary Russell
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $555,491
All other contributions, gifts, grants, and similar amounts not included above$107,947
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$663,438
Total Program Service Revenue$0
Investment income $5
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $663,443

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