Corporation For Social And Educational Development
- Assets
- $5.0m
- Revenue
- $909.1k
- Investments
- $0.0
- Employees
- 12
- Location
- Chicago, IL
- Founding
- 07/1968
- Data as of
- 12/2022
- EIN
- 36-6205980
Organization Overview
Corporation For Social And Educational Development is located in Chicago, IL. The organization was established in 1968. According to its NTEE Classification (P83) the organization is classified as: Women's Centers, under the broad grouping of Human Services and related organizations. As of 12/2022, Corporation For Social And Educational Development employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corporation For Social And Educational Development 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 12/2022, Corporation For Social And Educational Development generated $909.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.2%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Corporation For Social And Educational Development has awarded 41 individual grants totaling $4,072,149. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE SOCIAL AND INTELLECTUAL DEVELOPMENT OF WOMEN
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE, FUND AND GIVE MANAGEMENT SUPPORT TO CENTERS AND THEIR PROGRAMS AND ACTIVITIES THAT INCLUDE: VARIOUS PROGRAM SERVICE ACTIVITIES FOR TEENAGE GIRLS AND WOMEN TO INCLUDE: SPIRITUAL RETREATS; STUDY CLASSES; ELEMENTARY SCHOOL CLUBS; DAY CAMPS; LEADERSHIP PROGRAMS FOR HIGH SCHOOL, COLLEGE AND PROFESSIONAL WOMEN. DURING THE YEAR THERE WERE 150 CAMP PARTICIPANTS, 700 HIGH SCHOOL LEADERSHIP PROGRAM PARTICIPANTS, 1,225 EDUCATIONAL TRAINING PARTICIPANTS, 5,300 SPIRITUAL RETREAT PARTICIPANTS, 620 SOCIAL SERVICE PROJECT PARTICIPANTS, AND 575 YOUTH CLUB PARTICIPANTS.
THE HOUSING OF VARIOUS INDIVIDUALS WORKING ON PROJECTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aileen Chang President | OfficerTrustee | 5 | $9,880 |
Maria Pilar Racca Director | Trustee | 1 | $9,880 |
Patricia Anderson Director | Trustee | 1 | $9,880 |
Laura Roman Treasurer | OfficerTrustee | 5 | $9,880 |
Osede Osezua Secretary | OfficerTrustee | 3 | $9,880 |
Ann Marie Dempsey Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $817,567 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $817,567 |
| Total Program Service Revenue | $69,912 |
| Investment income | $9 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$178 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $909,126 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $465,359 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $141,039 |
| Compensation of current officers, directors, key employees. | $5,097 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $67,132 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,964 |
| Payroll taxes | $9,838 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $882 |
| Fees for services: Accounting | $15,120 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $29,868 |
| Advertising and promotion | $0 |
| Office expenses | $67,544 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $34,524 |
| Travel | $65,063 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,456 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $220,194 |
| Insurance | $21,725 |
| All other expenses | $1,682 |
| Total functional expenses | $1,308,689 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,791 |
| Savings and temporary cash investments | $185,756 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $25,246 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,000,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,772,919 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,005,712 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,000,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,000,000 |
| Net assets without donor restrictions | $4,004,731 |
| Net assets with donor restrictions | $981 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,005,712 |
Grants Awarded
Over the last fiscal year, Corporation For Social And Educational Development has awarded $460,559 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ELMS UNIVERSITY CENTER PURPOSE: SUPPORT | $152,000 |
ELMS UNIVERSITY CENTER PURPOSE: SUPPORT | $105,000 |
SHELLBOURNE INC PURPOSE: SUPPORT | $72,000 |
LEXINGTON CENTER INC PURPOSE: SUPPORT | $12,000 |
SOUTHOLD CENTER FOR EDUCATION PURPOSE: SUPPORT | $96,177 |
PETAWA RESIDENCE & CULTURAL CENTER PURPOSE: SUPPORT | $23,382 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Life Unlimited Inc North Kansas City, MO | $17,611,100 | $20,875,349 |
The Catherine Mcauley Center Inc Cedar Rapids, IA | $7,760,634 | $6,406,173 |
Survivor Empowerment Center Inc Carbondale, IL | $3,695,945 | $2,742,368 |
House Of The Good Shepherd Chicago, IL | $1,754,231 | $1,069,676 |
Young Womens Resource Center Des Moines, IA | $2,711,141 | $1,366,058 |
Corporation For Social And Educational Development Chicago, IL | $5,005,712 | $909,126 |
Stepping Stone Shelter For Women Incorporated Michigan City, IN | $1,230,656 | $520,208 |
Womanspace Inc Rockford, IL | $526,962 | $328,246 |
Hagar House Incorporated Wausau, WI | $1,331,551 | $678,009 |
Church Women United Joliet, IL | $2,322,493 | $94,486 |
Elijah Haven Crisis Intervention Center Inc Lagrange, IN | $65,797 | $210,453 |
Sojourn House Stinesville, IN | $448,893 | $0 |
Women Aware Sioux City, IA | $169,902 | $95,748 |
Naperville Womans Club Naperville, IL | $224,094 | $0 |
Love Purse Inc Riverside, IL | $92,429 | $0 |
Women For Women Inc Louisville, KY | $198,826 | $7,082 |
Houchens-Eloise B Houchens Center For Women Inc Tr Milwaukee, WI | $247,301 | -$1,177 |