Greater Auburn Gresham Development Corporation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO FOSTER AND PROMOTE THE REVITALIZATION OF THE COMMUNITY BY DESIGNING AND IMPLEMENTING PROGRAMS THAT IMPROVE THE COMMUNITY'S ECONOMIC VIABILITY; INCREASE AVAILABILITY OF QUALITY HOUSING TO PEOPLE OF DIFFERENT INCOME LEVELS WHILE MAINTAINING AND IMPROVING EXISTING AFFORDABLE HOUSING, AND ENHANCE DELIVERY OF SOCIAL SERVICES, PARTICULARLY TO SENIOR CITIZENS.
- Income
- $8.7 million
- Spending
- $6.2 million
- Spent on programs
- 82%
- Reserves
- 34.6 months of spending
- Largest source of income
- government grants, 50%
- Employees
- 45
- Volunteers
- 11
- Highest pay
- $141,886, ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 91 out of 100. Higher than 80% of charities in its peer group (community improvement, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 34.6 months of spending.
Debt
16 of 20It owes 23% of what it owns.
Living within its means
15 of 15Income exceeded spending by 28% of income.
Income trend
10 of 15Income fell 9% on the year before.
Spending floor
15 of 1582% of spending went to programs and raising each dollar of donations cost 1 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 68% of charities in its peer group (community improvement, $1m to $10m).
Independent board
25 of 2511 of 13 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $2.9 million spent. ECONOMIC DEVELOPMENT - GAGDC'S ECONOMIC TEAM HAS ACCOMPLISHED MANY ENDEAVORS INCLUDING THE $250K NEIGHBORHOOD OPPORTUNITY FUND, PROVIDING TECHNICAL ASSISTANCE TO POTENTIAL BUSINESSES LOOKING FOR SEED-MONEY FUNDING. GAGDC ASSISTED IN EXCEPTIONAL GRAND OPENINGS IN AUBURN GRESHAM, JERK VILLA AND MIKKEY'S RETRO GRILL. OTHER ACCOMPLISHMENTS ARE THE DEVELOPMENT OF A MIXED USE BUILDING ON OUR BUSINESS CORRIDOR, THE RENOVATION OF A SAVE A LOT, INCLUDING A GAGDC-HOSTED VENDOR FAIR HELPING LOCAL BUSINESS HAVE THEIR PRODUCTS IN SAVE-A-LOT; REBRANDING OF SAVE A LOT, AND POSITIVE LOITERING, WHICH CREATED OPPORTUNITIES AND BROUGHT RESOURCES TO RESIDENTS; VENDOR FAIR BLACK HISTORY MONTH.
- $986,520 spent. HEALTH AND WELLNESS - GAGDC PRIORITIZES PROVIDING SOLUTIONS TO IMPROVE COMMUNITY HEALTH AND WELLNESS AND ADDRESS HEALTH EQUITY IN HISTORICALLY UNDERSERVED COMMUNITIES ON CHICAGO'S SOUTH SIDE. THROUGH GAGDC INITIATIVES AND PARTNERSHIPS, FAMILIES BENEFIT FROM HIGH-QUALITY, ACCESSIBLE, PATIENT-CENTERED HEALTH SERVICES. GAGDC SECURED A PARTNERSHIP WITH AMERICAN CANCER SOCIETY AS HEALTH EQUITY AMBASSADORS. ANOTHER SUCCESSFUL PARTNERSHIP IS WITH UIC HEALTH SECURING A DIABETES PREVENTION PROGRAM.
- $824,544 spent. EDUCATION AND YOUTH DEVELOPMENT- GAGDC'S AFTER SCHOOL PROGRAMMING OFFERED BOTH ACADEMIC AND ENRICHMENT TO ALL GRADES, AT 4 LOCAL SCHOOLS; OFFERING BOY'S MENTORING, STEM, DIVERSE LEARNING, COOKING, GAMING, MAJORETTES, GARDENING, ART, TUTORING, AND SPORTS. GAGDC EXECUTED ANOTHER SUCCESSFUL AG GOLD SUMMER CAMP WITH OVER 100 YOUTH FROM LOCAL SCHOOLS AND SURROUNDING COMMUNITIES. GAGDC WAS AWARDED A CITY GRANT THAT OFFERS OUTREACH, RESOURCES, AND SERVICES TO YOUTH AND YOUNG ADULTS, 14 - 24. THIS YOUTH AND YOUNG ADULT COUNCIL (YAYAC) ENGAGES YOUTH WITH COMMUNITY STAKEHOLDERS AND ORGANIZATIONS, INCORPORATING THE SUGGESTIONS AND IDEAS OF THE YOUTH.
- $395,004 spent. HOUSING AND SENIOR SERVICES - GAGDC PROVIDED FREE WORKSHOPS THAT ARE BOTH INFORMATIONAL AND RESOURCEFUL FOR SENIORS, FROM FREE LEGAL SERVICES TO REDUCING THE COST OF RESIDENCY, PROPERTY TAX EXEMPTION, ETC. GAGDC ESTABLISHED PARTNERSHIPS TO ENHANCE SENIOR WELLNESS AND INCREASE SOCIALIZATION. CHAIR YOGA, LINE DANCING, STRENGTH TRAINING, AND BELLY DANCING CLASSES HAVE ENHANCED THE QUALITY OF LIFE OF OUR SENIORS. GAGDC PROMOTES HOMEOWNERSHIP AND ACQUIRED AND BEGAN REHABBING A BUNGALOW. THIS PROPERTY WAS ONE OF EIGHT AUBURN GRESHAM PROPERTIES INCLUDED IN THE VERY SUCCESSFUL TROLLEY TOUR. OUR HOUSING WORKSHOPS, HOUSING PAVILION, AND OTHER HOUSING-RELATED WORKSHOP HAVE PROVEN TO BE INFORMATIVE. GAGDC HOSTED A SENIOR BREAKFAST, SENIOR HEALTH FAIR, AND PREVENTION CONVENTION.
- COMMUNITY ENGAGEMENT- GAGDC ACCOMPLISHED THE 19TH ANNUAL 79TH STREET REN FEST HOSTING OVER 15,000 ATTENDEES, HIGHLIGHTING LOCAL BUSINESS. THE BREAKFAST AND BLUES FOR SENIORS EVENT FED OVER 500 SENIORS, ENJOYING BREAKFAST, LIVE MUSIC, AND RESOURCES. GAGDC HAD A WELL ATTENDED WINTER WONDERLAND/LIGHTING OF THE CHRISTMAS TREE EVENT PASSING OUT FREE TOYS, WINTER COATS, CANDY, HOT CHOCOLATE AND PICTURES WITH SANTA. THE CITY KEY EVENTS PROVIDED NEW ARRIVALS AND SENIORS WITH APPROXIMATELY 347 ID CARDS.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2001.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.