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Nonprofit · EIN 92-3906076

CENTRAL ILLINOIS COMMUNITY DEVELOPMENT CORPORATION

Tax-exempt · PEORIA, IL 61602

Financials

$530K$356K2025
Revenue Expenses · by fiscal year end
Financials of CENTRAL ILLINOIS COMMUNITY DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$529,859$356,304$173,555$182,555$0$182,555
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$529,859
of which government grants
$529,859
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$32,997
Salaries, compensation and benefits (total)
$32,997
Professional fundraising fees
$0
Management and general (functional)
$356,304

Balance sheet and other

Total assets, start of year
$9,000
Total assets, end of year
$182,555
Total liabilities, end of year
$0
Net assets, end of year
$182,555
Land, buildings and equipment
$9,000
Gross receipts
$529,859
Employees
0
Volunteers
0
Year formed
2023
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, 2025, highest compensation first.

NameTitleHours / weekCompensation
ARTUR WELCHChairman
Trustee or director
1$0
Rebecca MateyBoard member
Trustee or director
0$0
olusegun babalolaExecutive Director
Officer, Key employee, Highest-paid employee
40$0

Address and contacts

Address (IRS master file)
2139 SW ADAMS ST, PEORIA, IL 61602-1801
In care of
% CENTRAL ILLINOIS COMMUNITY DEVELO
Mailing address (990-N for 2023)
2601 W lake ave ste A6-115, Peoria IL 61615
Principal officer (990 for 2025)
OLUSEGUN BABALOLA, 2139 SW ADAMS ST, PEORIA, IL 61602
Principal officer (990-N for 2023)
OLUSEGUN BABALOLA, 2601 W lake ave ste A6-115, Peoria IL 61615
Signed the 990
OLUSEGUN BABALOLA, Central Illinois Community Develop
Phone
(314) 484-9276

Mission

The CICDC is a nonprofit organization dedicated to community building focusing on affordable housing and clean energy initiaties for vulnerable residents in Central Illinois. Our mission is to empower families foster sustainable development and build stronger inclusive communities.

990 for the year ended December 31, 2025

Program accomplishments

  • IHDA application0

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, 2026990 on file
2024December 31, 2024May 15, 2025Check at the IRS
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
92-3906076
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$182,555
Income (IRS master file)
$529,859

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$529,859$356,304$182,555XML
990-N for 2023
Officer: OLUSEGUN BABALOLA
December 31, 2023≤ $50,000 receipts––e-Postcard

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 92-3906076).

Questions about CENTRAL ILLINOIS COMMUNITY DEVELOPMENT CORPORATION

What is the EIN of CENTRAL ILLINOIS COMMUNITY DEVELOPMENT CORPORATION?
The employer identification number (EIN) of CENTRAL ILLINOIS COMMUNITY DEVELOPMENT CORPORATION is 92-3906076.
Is CENTRAL ILLINOIS COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to CENTRAL ILLINOIS COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CENTRAL ILLINOIS COMMUNITY DEVELOPMENT CORPORATION 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 CENTRAL ILLINOIS COMMUNITY DEVELOPMENT CORPORATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CENTRAL ILLINOIS COMMUNITY DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of CENTRAL ILLINOIS COMMUNITY DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 names OLUSEGUN BABALOLA.
Who are the officers and directors of CENTRAL ILLINOIS COMMUNITY DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does CENTRAL ILLINOIS COMMUNITY DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $529,859, expenses of $356,304 and total assets of $182,555 at year end.

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