Housing & Shelter (L820) IRS Verified DX Registered 990 on File

BICKERDIKE REDEVELOPMENT CORPORATION

EIN: 23-7087890 · CHICAGO, IL 60647-5216 · United States · FY 2024 Data

3 out of 5 59 / 100 Based on 2+ years of filings

Financial strength (30%) 77/100

Reliability (20%) 55/100

Effectiveness (25%) 100/100

Impact (25%) No data yet

Financial data: FY 2024 · Scored 9/13/2026

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Mission Statement

Bickerdike Redevelopment Corporation is committed to the redevelopment of Chicago’s north side communities for the benefit of and control by the low and moderate-income families in these areas. We are deeply dedicated to preserving the ethnic and cultural diversity of Chicago’s neighborhoods, while improving economic conditions for residents. We carry out our mission by providing high quality affordable housing, confronting gentrification and displacement, promoting economic development by creating and preserving jobs, and advocating for equitable allocation of resources. In all our endeavors, we are committed to the principles of honesty, openness, democratic process, education, involvement and empowerment of community residents, self-worth, self-respect, and pride. Collaborating with other organizations and stakeholders who share the vision of the community’s collective struggle to control its own destiny is integral to Bickerdike’s mission.

Financial Overview — FY 2024

$4.1M

Total Revenue

$5.2M

Total Expenses

$94.9M

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 89.7%

Fundraising Efficiency N/A

Operating Reserve 218.95x

Liability-to-Asset 0.8%

Revenue Diversification 46.2%

Executive Compensation $962K

Compared with Peers

FY 2024

Compared with 2,572 similar organizations (United States, Housing & Shelter, $1M–$10M in expenses), FY 2024.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	89.7%	87.2%	P10P90	Above median
Admin expense ratio Management and general / total expenses · lower is better	8.4%	10.3%	P10P90	Above median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	1.9%	0.0%	P10P90	Bottom quarter
Operating reserve Months of expenses covered by net assets · higher is better	219.0 mo	12.6 mo	P10P90	Top quarter
Liabilities to assets Total liabilities / total assets · lower is better	0.8%	39.0%	P10P90	Top quarter
Revenue concentration Share of revenue from the largest source · lower is better	46.2%	89.9%	P10P90	Top quarter
Revenue growth Year over year revenue growth	-56.6%	6.4%	P10P90
Expense growth Year over year expense growth	-3.9%	6.9%	P10P90
Surplus margin Surplus as a share of revenue	-26.4%	3.0%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2024	$4.1M	$5.2M	$94.9M	89.7%	98
2023	$9.5M	$5.4M	$95.9M	90.8%	97
2022	$12.2M	$5.1M	$91.4M	90.5%	100
2021	$4.5M	$4.8M	N/A	—	93

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Organization Details

EIN: 23-7087890
State: IL
City: CHICAGO
ZIP: 60647-5216
Classification: L820
Category: Housing & Shelter
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1967
Foundation Code: 16
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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