CHICAGO HEIGHTS DEVELOPMENT CORPORATION (EIN 364239735) - 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

2016

Legal Domicile

Principal Officer

REV JOHN SIEMIANOWSKI

Phone

7088210711

Tax Period

2025-01-01 to 2025-12-31

CHICAGO HEIGHTS DEVELOPMENT CORPORATION, founded in 2016, is a small nonprofit in the Community Improvement sector that reported $291K in total revenue in fiscal year 2025.

Mission

To promote sustainable economic development in chicago heights by providing opportunities for local business owners and entrepreneurs.

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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 (2025)

Revenue Breakdown

Contributions & Grants $290,560

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $290,560

Expense Breakdown

Grants Paid $0

Salaries & Benefits $180,683

Fundraising Expenses $0

Program Expenses $276,426

Other Expenses $109,207

TOTAL EXPENSES $289,890

Year-over-Year Comparison

	2025	2024	Change
Revenue	$290,560	$294,133	0.0%
Expenses	$289,890	$250,564	+0.2%
Net Income	$670	$43,569	-1.0%

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

N/A

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

Total Directors

$65,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REV JOHN SIEMIANOWSK	PRESIDENT	2	Officer	$0	$0	$0
KELLY HAMILTON	TREASURER	2	Officer	$0	$0	$0
MICHAEL HUSSAIN	SECRETARY	2	Officer	$0	$0	$0
WILLIAM E NAMBO	PROGRAM COORDINATOR	40	Director	$65,000	$0	$65,000

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
2025	$290,560	$289,890	$131,592	$670
2024	No data	No data	No data	No data
2023	$160,280	$109,375	$174,491	$50,905
2022	$291,735	$268,716	$123,586	$23,019
2021	$288,561	$278,253	$100,567	$10,308
2020	$367,657	$289,195	$90,259	$78,462
2019	$147,261	$197,576	$11,639	$-50,315
2018	$141,535	$207,663	$62,013	$-66,128
2017	$214,775	$156,601	$128,001	$58,174

CHICAGO HEIGHTS DEVELOPMENT CORPORATION