IFF

CHICAGO, IL | Cook County
Revitalization/Stabilization
IFF
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As of , this nonprofit no longer meets findCRA's qualification requirements and will no longer appear in CQ search results.

Reason for disqualification:

Overview

IFF
36-3656836
333 S WABASH AVE STE 2800
CHICAGO, IL 60604
Cook County

Mission Statement info

This nonprofit has not reported a mission statement.

CRA Category info
  • Revitalization/Stabilization
Nonprofit location info
  • This nonprofit is not located in any CRA geographies.
Awards & Certifications info
  • CDFI Organization
  • CDFI Award Recipient
  • NMTC Recipient
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
S50

S - Community Improvement, Capacity Building

Nonprofit Management

Organizations that provide technical assistance for nonprofit organizations who need management support in areas like board development; facility administration; fiscal administration; grant writing; personnel administration; program planning, development or evaluation; service delivery; volunteer utilization; or public relations. Use this code for Nonprofit Management Support Centers.

IRS Activity Codes info
602
Gifts, grants, or loans to other organizations
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
541618
Other Management Consulting Services

CRA Alignment

CRA Category info
Revitalization/Stabilization
Community and economic development in distressed, underserved or disadvantaged areas.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Awards & Certifications info
Community Development Financial Institution info
Date Certified info
2/13/2014
Native American CDFI info
N
Financial Institution Type info
Loan Fund
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
YearAmountProgramAwardee Name
2016 $2,800,000 Capital Magnet Fund open_in_new IFF
2018 $5,000,000 Capital Magnet Fund open_in_new IFF
2019 $5,000,000 Capital Magnet Fund open_in_new IFF
2013 $3,000,000 CDFI Financial Assistance open_in_new IFF
2016 $1,650,000 CDFI Financial Assistance open_in_new IFF
2017 $1,006,905 CDFI Financial Assistance open_in_new IFF
2018 $1,125,000 CDFI Financial Assistance open_in_new IFF
2020 $750,000 CDFI Financial Assistance open_in_new IFF
2021 $625,000 CDFI Financial Assistance open_in_new IFF
2021 $1,826,265 CDFI Rapid Response Program (COVID-19) open_in_new IFF
2018 $400,000 Disability Funds Financial Assistance open_in_new IFF
2019 $202,000 Disability Funds Financial Assistance open_in_new IFF
2020 $268,750 Disability Funds Financial Assistance open_in_new IFF
2021 $500,000 Disability Funds Financial Assistance open_in_new IFF
2016 $3,000,000 Healthy Food Financial Initiative Financial Assistance open_in_new IFF
2017 $3,000,000 Healthy Food Financial Initiative Financial Assistance open_in_new IFF
2018 $2,000,000 Healthy Food Financial Initiative Financial Assistance open_in_new IFF
2019 $1,950,000 Healthy Food Financial Initiative Financial Assistance open_in_new IFF
2020 $1,800,000 Healthy Food Financial Initiative Financial Assistance open_in_new IFF
2013 $43,000,000 New Markets Tax Credit open_in_new IFF
2014 $50,000,000 New Markets Tax Credit open_in_new IFF
2016 $80,000,000 New Markets Tax Credit open_in_new IFF
2020 $50,000,000 New Markets Tax Credit open_in_new IFF

Includes CDFI Fund awards granted between January 2013 and December 2023

HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$689.4M
Revenue
$102.8M
Assets
$102.8M

IRS Business Master File Details info

As of March 2025
Exempt Ruling Date info
1990-06
Deductibility Status info
Deductible
Last Tax Filing info
2023
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)

IRS Publication 78 Details info

As of March 2025
Verified in Publication 78 info
Yes
Deductibility Limitation info
50% (60% for cash contributions)
Organization Description info
A public charity

IRS Form 990 Returns info

Through December 2024
Tax period ending in
2023-12
E-File
990
XML
990
Tax period ending in
2022-12
XML
990
Tax period ending in
2021-12
E-File
990
XML
990
Tax period ending in
2020-12
E-File
990
XML
990
Tax period ending in
2019-12
PDF
990
PDF
990-T
E-File
990
XML
990
Tax period ending in
2018-12
PDF
990
PDF
990-T
E-File
990
XML
990
Tax period ending in
2017-12
PDF
990
E-File
990
XML
990
Tax period ending in
2016-12
PDF
990
E-File
990
XML
990

Nonprofit Location

Physical Address info
333 S WABASH AVE STE 2800
CHICAGO, IL 60604
Cook County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
16984
MSA/MD info
17
State info
031
County info
3204.00
Tract info
Upper
Income Level info
Core-Based Statistical Area info
16980 - Chicago-Naperville-Elgin, IL-IN
Combined Statistical Area info
176 - Chicago-Naperville, IL-IN-WI
Metropolitan Division info
16984 - Chicago-Naperville-Schaumburg, IL
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 36.87%
FFIEC Distressed Census Tract info
FFIEC Underserved Census Tract info

Market Data

Census Tract County
3204.00 Cook County
Population
Total Population 2,856 5,185,812
Total Households 712 2,084,578
Income
Median Income* $250,001 $81,797
Median Family Income (2024 FFIEC est.) $109,800 $109,800
Tract Income Percentage 269.91% N/A
Below Poverty Level 8.1% 13.3%
Unemployment Level 13.5% 6.9%
Housing
Total Housing Units 992 2,270,349
Total Owner-Occupied Units 46.1% 57.5%
Total Renter-Occupied Units 25.7% 42.5%
Total Vacant Units 28.2% 5.8%
* Census Tract Median Income based on 2020 Tract Median Family Income as reported in the 2024 FFIEC Census Flat File. County Income based on Median Household Income as reported in the 2023 American Community Survey.
View more than 200 performance context data points for this county now.

Management

16
Total Voting Members
in Governing Body info
15
Independent Voting Members
in Governing Body info
Tax Filing Signatory info
Joe Neri
(312) 629-0060
Principal Officer info
Joe Neri
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990 e-filed for the tax period ending on 2022-12.

A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit help.findcra.com.