Community Investment Corporation (CIC) is a not-for-profit 501(c)(3) corporation. Incorporated in 1973, CIC's mission is to be the leading force in neighborhood revitalization through innovative financial programs. In pursuit of this mission, CIC has become the leading lender for the acquisition, rehabilitation, and preservation of affordable rental housing throughout the Chicago metropolitan area. CIC provides one of the very few sources of capital for redeveloping and maintaining affordable rental housing, primarily located in low and moderate-income communities. CIC exercises sound management and fiscal prudence in its operations
Note: Some ratios are only available for organizations completing the detailed IRS Form 990.
Smaller organizations that choose to complete the Form 990-EZ do not report on this variable.
The Foundation's Number of Days of Cash on Hand does not take into account the cash in an operating reserve fund maintained by the Foundation. Expenditures include grants from all Foundation funds and are not indicative of the day-to-day operations of the Foundation.
|JOHN G MARKOWSKI||president||2009|
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