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Nonprofit · EIN 84-2818243

SOUTHLAND DEVELOPMENT AUTHORITY NFP

Tax-exempt · TINLEY PARK, IL 60477

Financials

$2.9M$2M2022$3.2M$3.7M2023$3.6M$3.5M2024
Revenue Expenses · by fiscal year end
Financials of SOUTHLAND DEVELOPMENT AUTHORITY NFP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,591,610$3,487,686$103,924$615,692$529,435$86,257
December 31, 2023990$3,248,349$3,660,415-$412,066$1,100,558$1,118,225-$17,667
December 31, 2022990 (amended)$2,919,329$1,970,983$948,346$1,237,996$843,598$394,398
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,263,855
of which government grants
$1,648,355
Program service revenue
$1,288,643
Investment income
$2,144
Other revenue
$36,968

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$1,463,458
Salaries, compensation and benefits (total)
$1,569,689
Professional fundraising fees
$0
Legal fees
$35,015
Accounting fees
$121,109
Occupancy
$9,019
Travel
$16,393
Program services (functional)
$2,490,712
Management and general (functional)
$994,433
Fundraising (functional)
$2,541

Balance sheet and other

Total assets, start of year
$1,100,558
Total assets, end of year
$615,692
Total liabilities, end of year
$529,435
Net assets, end of year
$86,257
Net assets without donor restrictions
-$507,076
Net assets with donor restrictions
$593,333
Gross receipts
$3,591,610
Employees
16
Volunteers
0
Year formed
2019
State of legal domicile
IL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JOHN BO KEMPCEO
Officer
40$243,505
DAVID ABSHIREVICE PRESIDENT
Trustee or director
1$0
DAVID AGOSTODIRECTOR
Trustee or director
1$0
JEFF ALLENDIRECTOR
Trustee or director
1$0
VERNARD ALSBERRY JRDIRECTOR
Trustee or director
2$0
FRANK M CLARKDIRECTOR
Trustee or director
1$0
KRISTI DELAURENTIISDIRECTOR
Trustee or director
4$0
DAVID DOIGDIRECTOR
Trustee or director
1$0
FELICIA HARDYDIRECTOR
Trustee or director
2$0
TIM HILLDIRECTOR
Trustee or director
1$0
CRAIG HOWARDDIRECTOR
Trustee or director
1$0
STEVE KOCHDIRECTOR
Trustee or director
1$0
DR CHERYL GREENDIRECTOR
Trustee or director
1$0
RICK REINBOLDDIRECTOR
Trustee or director
1$0
NANCY WILSONSECRETARY
Trustee or director
1$0
5 more people on this return
NameTitleHours / weekCompensation
LYNEIR RICHARDSONTREASURER
Trustee or director, Officer
3$0
DIANE WILLIAMSCHAIR
Trustee or director, Officer
4$0
NATHANIEL K SUTTONDIRECTOR
Trustee or director
1$0
ROBERT WEISSBOURDDIRECTOR
Officer
4$0
IRENE SHERRDIRECTOR
Officer
1$0
990 for the year ended December 31, 2023: 20 people
NameTitleHours / weekCompensation
BO KEMPCEO
Officer
40$271,621
DAVID ABSHIREVICE PRESIDENT
Trustee or director, Officer
1$0
DAVID AGOSTODIRECTOR
Trustee or director
1$0
JEFF ALLENDIRECTOR
Trustee or director
1$0
VERNARD ALSBERRY JRDIRECTOR
Trustee or director
2$0
FRANK M CLARKDIRECTOR
Trustee or director
1$0
KRISTI DELAURENTIISDIRECTOR
Trustee or director
4$0
DAVID DOIGDIRECTOR
Trustee or director
1$0
FELICIA HARDYDIRECTOR
Trustee or director
2$0
TIM HILLDIRECTOR
Trustee or director
1$0
CRAIG HOWARDDIRECTOR
Trustee or director
1$0
STEVE KOCHDIRECTOR
Trustee or director
1$0
DR CHERYL GREENDIRECTOR
Trustee or director
1$0
RICK REINBOLDDIRECTOR
Trustee or director
1$0
NANCY WILSONSECRETARY
Trustee or director, Officer
1$0
LYNEIR RICHARDSONTREASURER
Trustee or director, Officer
3$0
DIANE WILLIAMSCHAIR
Trustee or director, Officer
4$0
NATHANIEL K SUTTONDIRECTOR
Trustee or director
1$0
ROBERT WEISSBOURDDIRECTOR
Officer
4$0
IRENE SHERRDIRECTOR
Officer
1$0
990 for the year ended December 31, 2022: 20 people
NameTitleHours / weekCompensation
BO KEMPCEO
Officer
4$250,000
DAVID ABSHIREVICE PRESIDENT
Trustee or director
1$0
DAVID AGOSTODIRECTOR
Trustee or director
1$0
JEFF ALLENDIRECTOR
Trustee or director
1$0
VERNARD ALSBERRY JRDIRECTOR
Trustee or director
2$0
FRANK M CLARKDIRECTOR
Trustee or director
1$0
KRISTI DELAURENTIISDIRECTOR
Trustee or director
4$0
DAVID DOIGDIRECTOR
Trustee or director
1$0
FELICIA HARDYDIRECTOR
Trustee or director
2$0
TIM HILLDIRECTOR
Trustee or director
1$0
CRAIG HOWARDDIRECTOR
Trustee or director
1$0
STEVE KOCHDIRECTOR
Trustee or director
1$0
DR CHERYL GREENDIRECTOR
Trustee or director
1$0
RICK REINBOLDDIRECTOR
Trustee or director
1$0
NANCY WILSONSECRETARY
Trustee or director
1$0
LYNEIR RICHARDSONTREASURER
Trustee or director, Officer
3$0
DIANE WILLIAMSCHAIR
Trustee or director, Officer
4$0
NATHANIEL K SUTTONDIRECTOR
Trustee or director
1$0
ROBERT WEISSBOURDDIRECTOR
Officer
4$0
IRENE SHERRDIRECTOR
Officer
1$0

Address and contacts

Address (IRS master file)
17730 OAK PARK AVE STE D, TINLEY PARK, IL 60477-2065
Principal officer (990 for 2024)
BO KEMP, 17730 OAK PARK AVE NO D, TINLEY PARK, IL 60477
Signed the 990
BO KEMP, CEO & PRESIDENT
Phone
(708) 722-6070
Return prepared by
MITCHELL & TITUS LLP

Mission

THE SOUTHLAND DEVELOPMENT AUTHORITY (SDA) WAS LAUNCHED IN 2019 WITH A MISSION TO COLLABORATIVELY DESIGN AND SUPPORT IMPLEMENTATION OF COMPREHENSIVE, TRANSFORMATIVE, INCLUSIVE ECONOMIC GROWTH IN COOK COUNTY'S SOUTH SUBURBS. SDA SEEKS TO RE-ESTABLISH THE SOUTHLAND AS A MAJOR HUB OF ECONOMIC ACTIVITY, REVITALIZING THE AREA AS A UNIQUE SET OF COMMUNITIES THAT CELEBRATES AND ENGAGES ITS RICH HISTORY AND DIVERSITY. INCLUSIVE ECONOMIC GROWTH HAS BEEN A FOUNDING PRINCIPLE OF THE SDA, INFORMING ALL OF ITS PROGRAMS AND ACTIVITIES WITH A FOCUS ON THE FOLLOWING DIMENSIONS:1.OWNERSHIP - GROWING BUSINESS AND REAL ESTATE OWNERSHIP BY PEOPLE OF COLOR.2.EMPLOYMENT - INCREASING THE EMPLOYMENT OF WORKERS OF COLOR IN QUALITY JOBS WITH STRONG CAREER LADDER.3.LOCATION AND ACCESS - ENSURING DISADVANTAGED POPULATIONS CAN LIVE NEAR JOB CENTERS.4.PARTICIPATION - GROWING DIVERSE REPRESENTATION AT THE RELEVANT PRIVATE, PUBLIC AND CIVIC SECTOR "TABLES," WHERE GROWTH STRATEGIES ARE SHAPED AND IMPLEMENTED.

990 for the year ended December 31, 2024

Program accomplishments

  • THE SDA BUSINESS GROWTH SERVICES (BGS) PROGRAM PROVIDES TARGETED, INDUSTRY-SPECIFIC, TECHNICAL AND FINANCIAL SUPPORT TO BUSINESSES THROUGH AN ENTENSIVE AND SOPHISTICATED NETWORK OF PARTNER ORGANIZATIONS, EXPERT MENTORS AND SPECIALISTS. THE BGS PROGRAM HAD PROVIDED OUTREACH TO OVER 10,000 COMPANIES IN THE SOUTHLAND, AND SUPPORTED OVER 500 - WITH 125 PREPARING FOR, RECEIVING, OR HAVING RECEIVED MENTORSHIP. THE PROGRAM SEEKS TO BUILD ON THIS SUCCESS, SPECIFICALLY DEMONSTRATING A GROWTH IN BUSINESS REVENUE AND EMPLOYMENT OVER TIME FOR THE BUSINESSES THAT RECEIVE SDA MENTORSHIP SERVICES.
    Expenses $1,046,956 · revenue $1,288,643
  • THE CAPITAL PROGRAM INCLUDES EQUITY AND DEBT OPPORTUNITIES TO SUPPORT SOUTHLAND BUSINESSES. THE SDA LAUNCHED AN ONLINE PLATFORM TO SUPPORT LOAN FACILITATION FOR SMALL BUSINESSES AS WELL AS DEVELOPED THE DIVERSE OWNERS PROGRAM INITIATIVE TO SUPPORT ENTREPRENEURS LOOKING TO ACQUIRE A SOUTHLAND BASED BUISINESS.
    Expenses $135,665
  • THE SDA METALS HUB WILL GROW REVENUE FOR METALS, MANUFACTURING AND EQUIPMENT (MM&E) FIRMS IN THE REGION COLLABORATIVELY BY CREATING AND HARNESSING THE MOST ACCESSIBLE, CAPABLE, AND COMPETITIVE METAL FABRICATION SUPPLY CHAINS IN THE U.S. TO DELIVER NEW REGIONAL REVENUE AND GROWTH. IN ADDITION, IT WILL GUIDE SOUTHLAND MM&E FIRMS TOWARDS INCREASED SPEED, QUALITY, AND RAPID CUSTOMIZATION OF ADVANCED MANUFACTURING. THE FOUNDING CORPORATE PARTNERS OF THE METAL HUB HAVE RECENTLY LAUNCHED THEIR REPORTS TO SOLICIT NEW MANUFACTURING BUSINESS TO THE SOUTHLAND AREA.
    Expenses $390,957
  • Expenses $917,134

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
84-2818243
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$615,692
Income (IRS master file)
$3,591,610

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,591,610$3,487,686$615,692XML
990December 2023$3,248,349$3,660,415$1,100,558XML
990December 2022$2,919,329$1,970,983$1,237,996XML
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-2818243).

Questions about SOUTHLAND DEVELOPMENT AUTHORITY NFP

What is the EIN of SOUTHLAND DEVELOPMENT AUTHORITY NFP?
The employer identification number (EIN) of SOUTHLAND DEVELOPMENT AUTHORITY NFP is 84-2818243.
Is SOUTHLAND DEVELOPMENT AUTHORITY NFP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to SOUTHLAND DEVELOPMENT AUTHORITY NFP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SOUTHLAND DEVELOPMENT AUTHORITY NFP file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SOUTHLAND DEVELOPMENT AUTHORITY NFP due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SOUTHLAND DEVELOPMENT AUTHORITY NFP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SOUTHLAND DEVELOPMENT AUTHORITY NFP?
The 990 for the year ended December 31, 2024 names BO KEMP.
Who are the officers and directors of SOUTHLAND DEVELOPMENT AUTHORITY NFP?
The 990 for the year ended December 31, 2024 lists 20 people; 1 received compensation from the organization, the highest $243,505 (JOHN BO KEMP, CEO).
How much revenue does SOUTHLAND DEVELOPMENT AUTHORITY NFP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,591,610, expenses of $3,487,686 and total assets of $615,692 at year end.

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