RECLAIMING CHICAGO NFP C/O CHICAGO NEIGHBORHOOD INITIATIVES

EIN: 871779486 501(c)(3) Housing & Shelter

CHICAGO, IL

Total Revenue
$909,444
Total Expenses
$151,178
Total Assets
$15,645,286
Net Assets
$7,407,398
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
IL
Principal Officer
NICHOLAS J BRUNICK
Phone
7733412067
Tax Period
2023-01-01 to 2023-12-31

RECLAIMING CHICAGO NFP C/O CHICAGO NEIGHBORHOOD INITIATIVES, founded in 2021, is a small nonprofit in the Housing & Shelter sector that reported $909K in total revenue in fiscal year 2023. Revenue fell 77% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $758K, a strong 83% operating margin.

Mission

FOR COMPLETE MISSION STATEMENT. OBTAINING FUNDS TO SUPPORT CHICAGO NEIGHBORHOOD INITIATIVES, INC, LAWNDALE CHRISTIAN DEVELOPMENT CORPORATION, SOUTHWEST ORGANIZING PROJECT, AND THE RESURRECTION PROJECT IN THEIR MISSIONS TO BUILDING OR REHABILITATING AFFORDABLE HOMES AT SCALE FOR SALE TO LOW AND MODERATE-INCOME FAMILIES IN NEIGHBORHOODS ON THE SOUTH AND WEST SIDES OF CHICAGO.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $763,300
Program Service Revenue $0
Investment Income $146,144
Other Revenue $0
TOTAL REVENUE $909,444

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $151,178
TOTAL EXPENSES $151,178

Year-over-Year Comparison

2023 2022 Change
Revenue $909,444 $4,026,461 -0.8%
Expenses $151,178 $109,954 +0.4%
Net Income $758,266 $3,916,507 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
N/A
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
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICHOLAS BRUNICK BOARD CHAIR 2.00
Officer Director
$0 $0 $0
SHENITA MUSE VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
SHANGWE PARKER SECRETARY 2.00
Officer Director
$0 $0 $0
VICKY ARROYO TREASURER 2.00
Officer Director
$0 $0 $0
JEFF BARTOW DIRECTOR 2.00
Director
$0 $0 $0
PASTOR JAMES BROOKS DIRECTOR 2.00
Director
$0 $0 $0
LIZETTE CARRETERO DIRECTOR 2.00
Director
$0 $0 $0
IMELDA SALAZAR DIRECTOR 2.00
Director
$0 $0 $0
KEVIN SUTTON DIRECTOR 2.00
Director
$0 $0 $0
ANNETTE WASHINGTON DIRECTOR 2.00
Director
$0 $0 $0
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 No data No data No data No data
2023 $909,444 $151,178 $15,645,286 $758,266
2022 $4,026,461 $109,954 $10,158,708 $3,916,507
2021 $2,750,000 $17,375 $6,250,000 $2,732,625
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare RECLAIMING CHICAGO NFP C/O CHICAGO NEIGHBORHOOD INITIATIVES with other nonprofits in Illinois and across the country.