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Nonprofit · EIN 39-1856083

COMMUNITY ECONOMICS REDEVELOPMENT CORPORATION OF WISCONSIN

Tax-exempt · HIGHLAND PARK, IL 60035

Financials

$98K$43K2023$96K$41K2024
Revenue Expenses · by fiscal year end
Financials of COMMUNITY ECONOMICS REDEVELOPMENT CORPORATION OF WISCONSIN by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$96,063$41,391$54,672$3,736,932$342,825$3,394,107
December 31, 2023990$98,285$43,212$55,073$3,691,760$352,325$3,339,435
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$11,442
Investment income
$84,621
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Depreciation
$32,226
Program services (functional)
$39,935
Management and general (functional)
$1,456

Balance sheet and other

Total assets, start of year
$3,691,760
Total assets, end of year
$3,736,932
Total liabilities, end of year
$342,825
Net assets, end of year
$3,394,107
Land, buildings and equipment
$1,087,616
Net assets without donor restrictions
$3,394,107
Gross receipts
$96,063
Employees
0
Volunteers
0
Year formed
1996
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
SCOTT CANELPRESIDENT
Trustee or director, Officer
0.5$0
WILLIAM MCGUINNDIRECTOR
Trustee or director
0.5$0
DENNIS VISHNEVSKIYDIRECTOR
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
SCOTT CANELPRESIDENT
Trustee or director, Officer
0.5$0
WILLIAM MCGUINNDIRECTOR
Trustee or director
0.5$0
DENNIS VISHNEVSKIYDIRECTOR
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
445 CENTRAL AVENUE SUITE 200, HIGHLAND PARK, IL 60035-2622
In care of
% TEN SOUTH MANAGEMENT
Principal officer (990 for 2024)
SCOTT CANEL, 1949 ST JOHNS AVE, STE HIGHLAND PARK, IL 60035
Signed the 990
SCOTT CANEL, PRESIDENT
Phone
(312) 580-0085
Return prepared by
COHNREZNICK ADVISORY LLC

Mission

MULTI-FAMILY LOW-INCOME HOUSING

990 for the year ended December 31, 2024

Program accomplishments

  • MAINTENANCE AND OPERATION OF MULTI-FAMILY LOW-INCOME RESIDENTIAL HOUSING UNITS IN MANITOWOC, WISCONSIN UNDER SECTION 8 CONTRACT WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.
    Expenses $39,935 · revenue $96,063

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
39-1856083
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
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,736,932
Income (IRS master file)
$96,063

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$96,063$41,391$3,736,932IRS
990December 2023$98,285$43,212$3,691,760XML
990December 2022$98,276$41,371$3,492,518IRS
990December 2021–––IRS
990December 2020–––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 39-1856083).

Questions about COMMUNITY ECONOMICS REDEVELOPMENT CORPORATION OF WISCONSIN

What is the EIN of COMMUNITY ECONOMICS REDEVELOPMENT CORPORATION OF WISCONSIN?
The employer identification number (EIN) of COMMUNITY ECONOMICS REDEVELOPMENT CORPORATION OF WISCONSIN is 39-1856083.
Is COMMUNITY ECONOMICS REDEVELOPMENT CORPORATION OF WISCONSIN tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to COMMUNITY ECONOMICS REDEVELOPMENT CORPORATION OF WISCONSIN tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COMMUNITY ECONOMICS REDEVELOPMENT CORPORATION OF WISCONSIN 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 COMMUNITY ECONOMICS REDEVELOPMENT CORPORATION OF WISCONSIN 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 COMMUNITY ECONOMICS REDEVELOPMENT CORPORATION OF WISCONSIN 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 COMMUNITY ECONOMICS REDEVELOPMENT CORPORATION OF WISCONSIN?
The 990 for the year ended December 31, 2024 names SCOTT CANEL.
Who are the officers and directors of COMMUNITY ECONOMICS REDEVELOPMENT CORPORATION OF WISCONSIN?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does COMMUNITY ECONOMICS REDEVELOPMENT CORPORATION OF WISCONSIN have?
On its 990 for the year ended December 31, 2024 it reported revenue of $96,063, expenses of $41,391 and total assets of $3,736,932 at year end.

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