Stacie Young, President and CEO at Community Investment Corporation | www.linkedin.com
Stacie Young, President and CEO at Community Investment Corporation | www.linkedin.com
This appropriation represents state-level funding authorized by lawmakers, reflecting what was approved in the budget, not necessarily disbursed. The funds cover only State of Illinois support and exclude federal, local, or other public sources.
Founded in 1974, Community Investment Corporation states that its mission is: “A leading force in affordable housing and neighborhood revitalization.”
You can learn more about the organization at its website.
In its most recent IRS Form 990 filing filing for tax year 2024, the organization reported $17,602,000 in total revenue. Of that, $134,500 came from government grants including federal, state, or local sources, making up 0.8% of total revenue.
The nonprofit listed $1,587,660 in contributions overall. It also reported $1,453,160 categorized under other contributions, which may include restricted donations, pledges, or bequests.
At the beginning of 2024, Community Investment Corporation had $313,725,000 in assets. By the end of 2024, that figure had changed to $316,503,000, indicating a 0.9% growth in overall holdings.
According to its filing, public funding to Community Investment Corporation declined in the last year, falling from $1,542,180 in 2023 to $134,500 in 2024—a decrease of 91.3% year-over-year.
However, a Chicago City Wire analysis found that IRS filings frequently contain discrepancies when compared with publicly disclosed government grant reports and budgets.
Community Investment Corporation is one of hundreds of nonprofits across Illinois that receive substantial support from state taxpayers while also fundraising privately.
In 2025, Illinois lawmakers introduced House Bill 1266, also known as the Department of Government Efficiency (DOGE) Act. The proposal would create a new oversight body within the Office of the Auditor General tasked with identifying cost-saving measures, reviewing agency performance, and advising on audit priorities. If passed, DOGE could bring additional scrutiny and performance evaluation to taxpayer-funded organizations.
According to ProPublica, Illinois has more than 78,000 active tax-exempt organizations, including nearly 60,000 classified as charitable nonprofits. In their most recent IRS filings, these groups reported a combined revenue exceeding $156 billion.
| Term | Name | Title |
|---|---|---|
| 2024-2024 | Andrew E Salk | Director |
| 2024-2024 | Angie Marks | Director |
| 2024-2024 | Anna M. Cole | Vp-Director Of Communications |
| 2024-2024 | Anna M Murphy | Treasurer |
| 2024-2024 | Anthony Hawthorne | Loan Officer |
| 2024-2024 | Charles Harris | Vp/ Loan Officer |
| 2024-2024 | Chris Edge | Director |
| 2024-2024 | Collete English Dixon | Director |
| 2024-2024 | Damaris Garcia | Director |
| 2024-2024 | Danielle M Watts | Director |
| 2024-2024 | David Dykstra | Chairman |
| 2024-2024 | Dunnie Cosey | Vp Program Manager |
| 2024-2024 | E Lee Walker | Chairman |
| 2024-2024 | ELAINE TEODORITA SALAZAR | Trustee |
| 2024-2024 | Frank Myrone Pettaway | Vice Chairman |
| 2024-2024 | Giuseppe R Papavero | Controller |
| 2024-2024 | James Burke | Director |
| 2024-2024 | Jeff Newcom | Director |
| 2024-2024 | Jennifer F Vickers | President |
| 2024-2024 | John J Crane | Svp/Director Of Lending |
| 2024-2024 | John C Hein | Director |
| 2024-2024 | John A Matthews | Director |
| 2024-2024 | Jonah D Hess | Cii Vice President |
| 2024-2024 | Karen B Case | Director |
| 2024-2024 | Louis Silva | President |
| 2024-2024 | Michael G. Ciaccia | Treasurer/Cfo |
| 2024-2024 | Michael Paz | Director |
| 2024-2024 | Michael G. Ciaccia | Treasurer/Cfo |
| 2024-2024 | Michelle Mezzi | Vp/Controller |
| 2024-2024 | Mitchell S Feiger | Director |
| 2024-2024 | Monica L Kirby | Assistant Secretary |
| 2024-2024 | Nicholas J Brunick | Secretary & General Counsel |
| 2024-2024 | PETER A ZANDAN | Trustee |
| 2024-2024 | Phillip Moore | Vp/Director Of Credit Admin |
| 2024-2024 | R Patricia Kelly | Director |
| 2024-2024 | Randy Kabakoff | Director |
| 2024-2024 | Rene Barrazza | Construction Manager |
| 2024-2024 | Richard Iovanne | Secretary |
| 2024-2024 | Richard Evans | Vp/ Loan Officer |
| 2024-2024 | Robert Marjan | Director |
| 2024-2024 | Scott Ferris | Director |
| 2024-2024 | Sharon K Brune | Assistant Secretary |
| 2024-2024 | Stacie A Young | President |
| 2024-2024 | Stephen Miller | Vice Chairman |
| 2024-2024 | Thomas Jackson Jr | Loan Officer |
| 2024-2024 | Thurman Smith Jr | Director |
| 2024-2024 | Timothy Bergstrom | Chairman |
| 2024-2024 | Timothy C Hadro | Director |
| 2024-2024 | Victoria Arroyo | Director |
| Year | Name | Title | Compensation |
|---|---|---|---|
| 2024 | Andre Collins | Vice President And Acquisition And Disposition Strategy | - |
| 2024 | Anne Cole | Director Of Communications And External Affairs | - |
| 2024 | Anthony C Hawthorne | Senior Loan Officer | - |
| 2024 | Carolyn S Hall | Manager, Acquisitions And Dispositions | - |
| 2024 | Darris L Shaw | Building Construction Inspector | - |
| 2024 | David J Price | Senior Loan Officer At Community Investment Corporation | - |
| 2024 | Giuseppe R Papavero | Controller And Chief Information Officer | - |
| 2024 | Jennifer Rebecca Grabel | Director Of Marketing And Communications | - |
| 2024 | Jennifer Joanne Caputo | Lien And Foreclosure Administrator | - |
| 2024 | Jessica Sivels | Program Director, Property Management Training | - |
| 2024 | Jose Ramos | Woodlawn Community Development Associate | - |
| 2024 | Lori Simmons | Small Business Lending Manager | - |
| 2024 | Michael A Lofton | Multifamily Redevelopment Liaison, Micro-Market Recovery Program | - |
| 2024 | Patty Michele Gonzalez | Homeownership Assistance Manager | - |
| 2024 | Rita B Slater | Business Office Manager | - |
| 2024 | Taft W West | Director, Property Management Training | - |
| 2024 | Taft W West | Director, Property Management Training At Community Investment Corporation | - |
| 2019 | Collete English Dixon | Advisory Board Member | - |
| 2018 | Aya B Swanson | Vice President, Community Lending | - |
| 2017 | Brian Quijada | Director Of Rural Economic Development | - |
| 2017 | Erick A Soderberg | Senior Loan Officer | - |
| 2017 | Jacob B Handelman | Condo Project Manager - Community Initiatives Inc | - |
| 2017 | Kerry Sullivan | Director Of Marketing And Communications | - |
| 2016 | Christina Herrera | Program Manager | - |
| 2016 | Danny Knee | Executive Director | - |
| 2016 | Gina A Stone | Credit Analyst At Community Investment Corporation | - |
| 2016 | Katie Gottschall Donohue | Manager Of Strategic Communications | - |
| 2016 | Kyara M Lee | Receptionist | - |
| 2015 | Lisa Peregrina Valenzuela | Program Assistant | - |
| 2015 | Travis J Kluska | Micro Market Recovery Program Coordinator | - |
| 2013 | Ramona K Price | Property Manager Trainer | - |
| 2012 | Janet Li | Graduate Intern, The Preservation Compact | - |
| 2011 | Maggie Amado-Tellez | Pima Neighborhood Investment Partnership Program Assistant | - |
| 2005 | Jennifer Sue Vandivort | Pogram Manager Training Lab And Business Development Center | - |
| 2003 | Stacey Lee Abel | Executive Director | - |
| 2001 | Annemarie Harris | Marketing Manager And Community Programs Director | - |
| 2001 | Lolita Avery | Escrow Administrator | - |
| - | John G Markowski | President/Ceo | - |
| - | Jonah D Hess | Senior Vice President, Director Of Community Initiatives, Inc. | - |
| - | Laura E Armgardt | Manager Of Multifamily Acquisitions & Dispositions | - |
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