Community Initatives Inc
Donations deductibleRevenue
$4.8m
year to 30 September 2025
Expenses
$4.7m
year to 30 September 2025
Total assets
$23.9m
$19.4m liabilities
Net assets
$4.5m
assets less liabilities
Directors and trustees
7
5.6 years on average
Staff
0
5 volunteers
Left since last filing
0
no seats appear to have opened
Officers and senior staff
8
named in Part VII
Community Initatives Inc's network
7 people4 organisationsi7 people and 4 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (7). Violet dotted lines (7) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
7 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 7 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Angie Marks | Director | 2020 | 6 yrs |
| Frank Pettaway | Director | 2019 | 7 yrs |
| John Gholar | Director | 2023 | 3 yrs |
| Robert Marjan | Director | 2020 | 6 yrs |
| Rondella Hunt | Director | 2020 | 6 yrs |
| Stacie Young | President | 2021 | 5 yrs |
| Vicki Arroyo | Director | 2023 | 3 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
8 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Andre Collins | Acquisitions Manager | since 2019 |
| Giuseppe Papavero | COO | since 2019 |
| John Crane | SVP/Director of Lending | since 2019 |
| Jonah Hess | Senior Vice President | since 2019 |
| Michael Ciaccia | Treasurer/CFO | since 2019 |
| Monica Kirby | Company secretary | since 2019 |
| Thomas Hinterberger | Treasurer - Ending 12/2018 | 2019 |
| Thurman Smith | Director | 2023 |
Pay and hours
year to 30 September 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Stacie Young | President | 1 | $0 | $346k | $28k |
| Angie Marks | Director | 1 | $0 | ||
| Frank Pettaway | Director | 1 | $0 | ||
| John Gholar | Director | 1 | $0 | ||
| Robert Marjan | Director | 1 | $0 | ||
| Rondella Hunt | Director | 1 | $0 | ||
| Jonah Hess | Cii Vice President | 39 | $0 | $207k | $29k |
| Martin Babbo | SVP/Chief Credit Officer | 1 | $0 | $271k | $25k |
| Michael Ciaccia | Treasurer/CFO | 5 | $0 | $258k | $50k |
| Monica Kirby | Assistant Secretary | 1 | $0 | $87k | $18k |
| Phillip Moore | SVP/Director of Lending | 1 | $0 | $210k | $49k |
| Andre Collins | Acquisition Manager | 25 | $0 | $270k | $26k |
About
- Legal name
- Community Initatives Inc
- EIN
- 300103115
- Address
- 222 S Riverside PLZ Ste 380, Chicago, IL, 60606-7801
- State
- Illinois
- Mission
- Preserve lower income neighborhoods through the preservation of quality affordable rental housing. (as filed on the Form 990)
- Activity (NTEE)
- L12 Housing and shelter
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Housing & Shelter
- Size band
- 8 (IRS master file code)
- Formed
- 2002
- IRS ruling date
- 1 January 2007
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2024
- IRS Publication 78
- SOUNK (contributions deductible)
Most connected
Related organisations (Schedule R)
Longest observed on the filings
≥7years on the filingsFrank Pettaway
≥6years on the filingsAngie Marks
≥6years on the filingsRobert Marjan
≥6years on the filingsRondella Hunt
Latest return
year to 30 September 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 30 September 2025. US dollars, as filed.- Total assets
- $23.9m
- Total liabilities
- $19.4m
- Net assets or fund balances
- $4.5m
- Contributions and grants received
- $4m
- Program service revenue
- $821k
- Employees
- 0
- Volunteers
- 5
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2023 | $6.7m | $6.6m | $162k |
As filed on the IRS Form 990. US dollars.