COMMUNITY INVESTMENT CORPORATION (EIN 362780862) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1973

Legal Domicile

Phone

3122580070

Tax Period

2023-10-01 to 2024-09-30

COMMUNITY INVESTMENT CORPORATION, founded in 1973, is a mid-sized nonprofit in the Housing & Shelter sector that reported $38.6M in total revenue in fiscal year 2023. Revenue surged 119% from the prior year, signaling strong growth momentum. The organization ran a surplus of $17.5M, a strong 45% operating margin.

Mission

COMMUNITY INVESTMENT CORPORATION'S ("CIC") PURPOSE IS TO PRESERVE AND REVITALIZE LOWER INCOME NEIGHBORHOODS IN THE SIX COUNTY CHICAGO METRO AREA THROUGH THE PUBLIC AND PRIVATE FINANCING OF THE REHABILITATION OF LOW AND MODERATE INCOME RENTAL HOUSING.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $19,604,167

Program Service Revenue $18,994,743

Investment Income $0

Other Revenue $0

TOTAL REVENUE $38,598,910

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,668,546

Fundraising Expenses $210,513

Program Expenses $18,104,092

Other Expenses $13,382,724

TOTAL EXPENSES $21,051,270

Year-over-Year Comparison

	2023	2022	Change
Revenue	$38,598,910	$17,601,990	+1.2%
Expenses	$21,051,270	$17,704,023	+0.2%
Net Income	$17,547,640	$-102,033	-173.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$1,281,989

Total Directors

$355,205

Key Employees

$176,307

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STACIE YOUNG	PRESIDENT	35.0	Officer Director	$328,700	$26,505	$355,205
ANDREW SALK	DIRECTOR	1.0	Director	$0	$0	$0
ANGIE MARKS	DIRECTOR	1.0	Director	$0	$0	$0
COLLETE ENGLISH DIXON	DIRECTOR	1.0	Director	$0	$0	$0
DANIEL WATTS	DIRECTOR	1.0	Director	$0	$0	$0
DAVID DYKSTRA	CHAIRMAN	1.0	Director	$0	$0	$0
ERIKA POETHIG	DIRECTOR	1.0	Director	$0	$0	$0
FRANK PETTAWAY	VICE CHAIRMAN	1.0	Director	$0	$0	$0
JEFF NEWCOM	DIRECTOR	1.0	Director	$0	$0	$0
JOHN GHOLAR	DIRECTOR	1.0	Director	$0	$0	$0
JOHN HEIN	DIRECTOR	1.0	Director	$0	$0	$0
KAREN CASE	DIRECTOR	1.0	Director	$0	$0	$0
ROBERT MARJAN	DIRECTOR	1.0	Director	$0	$0	$0
SCOTT FERRIS	DIRECTOR	1.0	Director	$0	$0	$0
TIMOTHY HADRO	DIRECTOR	1.0	Director	$0	$0	$0
JOHN CRANE	SVP/DIRECTOR OF LENDING	39.0	Officer	$263,464	$43,779	$307,243
JONAH HESS	CII VICE PRESIDENT	1.0	Officer	$196,757	$27,713	$224,470
MICHAEL CIACCIA	TREASURER/CFO	35.0	Officer	$244,555	$51,373	$295,928
MONICA KIRBY	ASSISTANT SECRETARY	39.0	Officer	$82,244	$16,899	$99,143
NICK BRUNICK	SECRETARY & GENERAL COUNSEL	1.0	Officer	$0	$0	$0
PHILLIP MOORE	VP/DIRECTOR OF CREDIT ADMIN	40.0	Key Emp	$162,628	$13,679	$176,307
ANDRE COLLINS	AQUISITION MANAGER	15.0	Highest	$404,299	$29,934	$434,233
ANNE COLE	DIRECTOR OF COMMUNICATIONS	40.0	Highest	$158,334	$31,796	$190,130
DARRIS SHAW	SENIOR CONSTRUCTION INSPECTOR	40.0	Highest	$140,674	$41,729	$182,403
RENE BARAZZA	CONSTRUCTION MANAGER	40.0	Highest	$139,928	$41,821	$181,749
TOMMY JACKSON	LOAN OFFICER	40.0	Highest	$184,384	$31,935	$216,319

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$38,598,910	$21,051,270	$349,185,880	$17,547,640
2023	$17,601,990	$17,704,023	$316,503,327	$-102,033
2022	$18,564,820	$16,927,370	$313,725,284	$1,637,450
2021	$31,622,758	$21,465,331	$332,682,140	$10,157,427
2020	$19,725,309	$19,541,981	$329,223,141	$183,328
2019	$21,057,845	$20,078,049	$329,211,131	$979,796
2018	$18,590,866	$16,886,540	$313,404,191	$1,704,326

COMMUNITY INVESTMENT CORPORATION