2026-08-12T12:14:58-05:00 2025-12-31 410746749 CLIFTONLARSONALLEN LLP 2021 SPRING ROAD SUITE 200 OAK BROOK IL 60523 990 2025-01-01 363762123 THE CHICAGO COMMUNITY LOAN FUND CHIC 3122520440 29 E MADISON 1700 CHICAGO IL 60602 ANGELA DOWELL CHIEF FINANCIAL OFFICER 3122520440 2026-08-11 1 THURE ROSS CPA P00577278 6305738600 2026-08-11 2025 2025-03-06 01:10:19Z ANGELA DOWELL 29 E MADISON STE 1700 CHICAGO IL 60602 38536610 0 X WWW.CCLFCHICAGO.ORG X 1991 IL PROVIDE LOW-COST COMMUNITY DEVELOPMENT PROJECT LOANS 22 22 29 22 0 0 8616650 21694362 8668843 9513534 1538040 1538562 0 0 18823533 32746458 0 0 0 0 6155897 5436668 0 0 347155 4743756 17968954 10899653 23405622 7923880 9340836 206003874 216002353 145361390 145537826 60642484 70464527 ORGANIZATION PROVIDES LOW-COST, FLEXIBLE FINANCING TO NON-PROFIT AND FOR-PROFIT COMMUNITY DEVELOPMENT ORGANIZATIONS FOR THE REVITALIZATION OF LOW AND MODERATE INCOME NEIGHBORHOODS THROUGHOUT METROPOLITAN CHICAGO. 0 0 19159195 81628 LENDING - CCLF OPERATES AS A REVOLVING LOAN FUND, PROVIDING FINANCING THROUGH ITS LOAN POOL OF LENDING CAPITAL FOR AFFORDABLE HOUSING, NONPROFIT FACILITY AND OFFICE SPACE, COMMERCIAL AND RETAIL DEVELOPMENT AND OTHER ACTIVITIES. THESE PROJECTS PROMISE HIGH SOCIAL IMPACT THROUGH THE PRODUCTION AND PRESERVATION OF AFFORDABLE HOUSING, JOB CREATION AND OTHER SERVICES FOR LOW AND MODERATE INCOME INDIVIDUALS, FAMILIES AND COMMUNITIES. 728625 9431906 TECHNICAL ASSISTANCE - CCLF'S GATEWAY TO COMMUNITY DEVELOPMENT PROGRAM PROVIDES TECHNICAL ASSISTANCE TO BORROWERS AND NON-BORROWERS THROUGH TIME SENSITIVE REAL ESTATE DEVELOPMENT ADVICE AND REFERRALS, A RANGE OF WORKSHOP TOPICS, FACILITATED PLANNING PROCESSES AND SUPPORT FOR SUSTAINABLE BUILDING PRACTICES. 500040 ECONOMIC DEVELOPMENT - CCLF IS HISTORICALLY A NICHE LENDER: ONE THAT MEETS THE FINANCING AND TECHNICAL ASSISTANCE NEEDS THAT ARE UNMET IN THE LOW TO MODERATE INCOME COMMUNITIES. THE 2017 - 2020 STRATEGIC PLAN HAS DIRECTED A COURSE OF COLLABORATIVE RELATIONSHIPS, EXPLORATION OF AVAILABLE PROGRAMS NEW TO CCLF AND THE CO-CREATION OF PROGRAMS TO BUILD AND/OR REHABILITATE COMMERCIAL REAL ESTATE. THIS PROGRAM IS DESIGNED TO RESEARCH AND FINANCE SUCH OPPORTUNITIES. 20387860 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 35 0 29 1 0 0 0 0 0 0 0 0 0 0 1 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X ANGELA DOWELL 3122520439 29 E MADISON ST SUITE 1700 CHICAGO IL 60602 ERIK HALL CHAIR 0.29 X X 0 0 0 JOHN TUOHY DIRECTOR 0.33 X 0 0 0 KATHY THOLIN DIRECTOR 0.29 X 0 0 0 MARK SPEARS DIRECTOR 0.54 X 0 0 0 MATTHEW REILEIN DIRECTOR 0.17 X 0 0 0 ERIC PHILLIPS DIRECTOR 0.14 X 0 0 0 ANGELA HURLOCK DIRECTOR 0.21 X 0 0 0 EDWARD HOYNES DIRECTOR 0.15 X 0 0 0 RICHARD GUZMAN DIRECTOR 0.29 X 0 0 0 JENNIFER GUZMAN DIRECTOR 0.19 X 0 0 0 STEPHANIE GREEN DIRECTOR 0.53 X 0 0 0 ANDREW HUGGER DIRECTOR 0.54 X 0 0 0 DR AMARA ENYIA DIRECTOR 0.21 X 0 0 0 TERRENCE JOHNSON DIRECTOR 0.08 X 0 0 0 CHARLES WALLS TREASURER 0.37 X X 0 0 0 AILISA HERRERA SECRETARY 0.58 X X 0 0 0 PATRICIA MCCREARY CANNON ASSISTANT SECRETARY 0.53 X X 0 0 0 SONYA MALUNDA VICE CHAIR 0.35 X X 0 0 0 JODY ADLER DIRECTOR 0.29 X 0 0 0 JEFF ALLEN DIRECTOR 0.46 X 0 0 0 MOHAMMED ELAHI DIRECTOR 0.29 X 0 0 0 KEVIN GOLDSMITH ASSISTANT SECRETARY 0.27 X X 0 0 0 THOMAS FITZGIBBON DIRECTOR 0.37 X 0 0 0 ANGELA DOWELL CHIEF FINANCIAL & ADMINISTRATIVE OFFICER 50.00 X 273833 0 40143 ROBERT TUCKER PRESIDENT 50.00 X 362146 0 43823 CALVIN HOLMES PRESIDENT UNTIL JANUARY 2025 55.00 X 1040249 0 48 ROBIN SCHABES OPPORTUNITY ZONES CONSORTI 50.00 X 173002 0 27665 MAURICE WILLIAMS VP ECON. DEVELOPMENT 50.00 X 171522 0 39227 JUAN CALIXTO EVP OF EXT. RELATIONS 50.00 X 216596 0 41027 WENDELL HARRIS EVP LENDING OPERATIONS 50.00 X 239739 0 30091 LYCRECIA PARKS CHIEF RISK OFFICER & VP PO 50.00 X 254414 0 30182 2731501 0 252206 16 0 1 0 JLJ MANAGEMENT LLC 1047 BOHLAND AVE UNIT 1A BELLWOOD IL 60104 CHICAGO REBUILD WORKFORCE DEVELOPMENT 236914 XL NET POD 1 EAST ERIE ST SUITE 525 244 CHICAGO IL 60611 IT SERVICES 153674 BRIXTON BLOKE LLC 5741 S INGLESIDE AVE UNIT CHICAGO IL 60637 REBUILD FORFEITURE STUDY 118773 JOHN M GROENE 132 S MERRILL STREET PARK RIDGE IL 60068 REBUILD FORFEITURE STUDY 109909 HARDENWRIGHT CONSULTING GROUP INC 4548 S PRAIRIE CHICAGO IL 60653 CHICAGO REBUILD WORKFORCE DEVELOPMENT 100295 5 171000 21523362 21694362 NOTE RECEIVABLE INTEREST 522291 8593274 8593274 LOAN CLOSING FEES 522291 726528 726528 CONTRACTED SERVICES AND WORKSHOPS 522291 104604 104604 LATE FEES AND OTHER FEES 522291 81628 81628 FEES FROM COMMUNITY DEVELOPMENT E 522291 7500 7500 9513534 1596292 1596292 5732422 5790152 -57730 -57730 -57730 32746458 9513534 0 1538562 1760242 722755 909869 127618 2546703 2002006 444448 100249 675884 436382 203318 36184 165313 108496 47509 9308 288526 186298 86920 15308 137037 132191 4846 116873 17244 99629 120815 120815 967468 684417 282051 1000 160072 55491 100696 3885 160311 96398 59998 3915 125883 125883 289507 198266 76846 14395 84919 61810 19691 3418 46128 24632 21001 495 2960705 2960705 97564 65342 27344 4878 156972 129940 22993 4039 PASS THROUGH EXPENSE 10198359 10198359 PROVISION FOR CREDIT LO 1939238 1939238 DUES AND SUBSCRIPTIONS 231694 171672 57007 3015 STAFF DEVELOPMENT 148743 75403 53892 19448 26666 26666 23405622 20387860 2670607 347155 51416752 40935735 928849 245750 96164 178144 136314037 156454956 158731 146414 1353620 1056910 187633 296710 15021797 15938469 65300 105300 1814611 1700875 206003874 216002353 4520454 2607635 11248113 3889606 300234 275221 9000 9000 128261122 137943021 1022467 813343 145361390 145537826 X 50973543 62568493 9668941 7896034 60642484 70464527 206003874 216002353 9340836 481207 0 X X 0 1 X 1 1 1 X 10415544 6972236 6842945 8616650 21694362 54541737 10415544 6972236 6842945 8616650 21694362 54541737 23416251 31125486 297661 426812 1290874 1485795 1596292 5097434 90000 90000 59729171 38270167 0.52110 0.52860 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2021 AMOUNT: $ 90,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1589748 669125 691236 1567637 1 X 496711 379901 116810 856909 677009 179900 296710 LEASE LIABILITY 813343 813343 X PART IV, LINE 1B: IN CONNECTION WITH CHICAGO COMMUNITY LOAN FUND'S (CCLF) BUSINESS PURPOSE OF MAKING COMMUNITY DEVELOPMENT LOANS, CCLF OCCASIONALLY RECEIVES ESCROW FUNDS AT CLOSING FOR TAXES, INSURANCE, AND OTHER FEES. THESE FUNDS ARE NOT HELD AT CCLF, BUT ARE INSTEAD TRANSFERRED TO A BANK ACCOUNT IN THE BORROWER'S NAME AND EIN. CCLF IS LISTED AS AN AGENT ON THE ACCOUNT. THIS PROCESS IS DONE IN ORDER TO ENSURE THAT TAXES, INSURANCE, AND OTHER FEES ARE PAID ON A TIMELY BASIS IN ORDER TO PROTECT CCLF'S COLLATERAL. PLEASE NOTE THAT THE BORROWER'S LOAN AGREEMENT REFLECTS THIS ARRANGEMENT. PART IV, LINE 2B: IN CONNECTION WITH CCLF'S BUSINESS PURPOSE OF MAKING COMMUNITY DEVELOPMENT LOANS, CCLF OCCASIONALLY RECEIVES INTEREST ESCROW FUNDS AT CLOSING. THESE FUNDS ARE HELD IN A CCLF ACCOUNT, AND ARE USED TO PAY A BORROWER'S INTEREST ON A MONTHLY BASIS DURING THE CONSTRUCTION PERIOD. AS THE INTEREST PAYMENTS ARE MADE, THE ESCROW BALANCE IS REDUCED AND THE LOAN PRINCIPAL BALANCE IS INCREASED. PLEASE NOTE THAT THE BORROWER'S LOAN AGREEMENT REFLECTS THIS ARRANGEMENT. PART X, LINE 2: CCLF IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE IRC. IN ADDITION, CCLF QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. CCLF DETERMINED THAT IT WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS. X X 0 0 0 0 0 0 0 0 0 CALVIN HOLMES PRESIDENT UNTIL JANUARY 2025 1040249 0 0 0 0 0 0 0 48 0 1040297 0 0 0 ROBERT TUCKER PRESIDENT 313324 0 48822 0 0 0 20144 0 23679 0 405969 0 0 0 ANGELA DOWELL CHIEF FINANCIAL & ADMINISTRATIVE OFF 236839 0 36994 0 0 0 15312 0 24831 0 313976 0 0 0 LYCRECIA PARKS CHIEF RISK OFFICER & VP PO 224688 0 29726 0 0 0 13611 0 16571 0 284596 0 0 0 WENDELL HARRIS EVP LENDING OPERATIONS 211964 0 27775 0 0 0 12716 0 17375 0 269830 0 0 0 JUAN CALIXTO EVP OF EXT. RELATIONS 188747 0 27849 0 0 0 12349 0 28678 0 257623 0 0 0 MAURICE WILLIAMS VP ECON. DEVELOPMENT 171522 0 0 0 0 0 10799 0 28428 0 210749 0 0 0 ROBIN SCHABES OPPORTUNITY ZONES CONSORTI 150268 0 22734 0 0 0 10340 0 17325 0 200667 0 0 0 KATHY THOLIN DIRECTOR INVESTMENT X 5000 5000 0 1 1 EDWARD HOYNES DIRECTOR INVESTMENT X 2500 2500 0 1 1 CALVIN HOLMES FORMER PRESIDENT, OFFICER INVESTMENT X 1500 1500 0 1 1 9000 FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT, THE CHIEF FINANCIAL OFFICER AND THE DIRECTOR OF ACCOUNTING REVIEWED THE 990. A COPY OF THE 990 WAS PROVIDED TO THE ENTIRE BOARD PRIOR TO FILING FOR REVIEW AND/OR COMMENTS. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER AND EMPLOYEE RECEIVES THE CONFLICT OF INTEREST POLICY AND VERIFIES THROUGH SIGNATURE THAT THEY HAVE READ, UNDERSTAND AND COMPLY WITH THE POLICY. THEY ARE ENCOURAGED TO REPORT CONFLICTS AS THEY OCCUR. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT RECEIVES A PERFORMANCE AND COMPENSATION REVIEW BY THE EXECUTIVE COMMITTEE WHICH IS SHARED WITH THE FULL BOARD OF DIRECTORS. THE CHIEF FINANCIAL OFFICER RECEIVES A REVIEW UNDERTAKEN BY THE PRESIDENT TO DETERMINE COMPENSATION. AN INDEPENDENT COMPENSATION STUDY IS COMPLETED FOR BOTH THE PRESIDENT AND CFO. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORMS 1023 AND 990 ARE AVAILABLE UPON REQUEST. FORM 990, PAGE 12, PART XII, LINE 2C THERE WAS NO CHANGE IN THE CURRENT YEAR AND THE AUDIT AND FINANCE COMMITTEE CONTINUES TO REVIEW AND APPROVE THE AUDITED FINANCIAL STATEMENTS OF THE ORGANIZATION AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. CCLF NMTC NFP 29 E MADISON STE 1700 CHICAGO IL 60602 474548462 FACILITATE DISTRIBUTIONS TO QUALIFIED EXEMPT ORGANIZATIONS IL 0 0 CHICAGO COMMUNITY LOAN FUND CCLF SUB-CDE 5 LLC 29 E MADISON STE 1700 CHICAGO IL 60602 611914855 COMMUNITY DEVELOPMENT PROJECT LOANS IL CHICAGO COMMUNITY LOAN FUND RELATED 454 0 1 0.00010 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0