Sow Community Development Corporation

Sustaining Our World

CHICAGO, IL   |  http://www.sowcdc.org

Mission

SOW CDC is working to breathe life into struggling communities. Organized in 2014 as a not for profit organization, Sow Community Development Corporation (Sow CDC) has a mission to build, repurpose and redevelop communities for sustainability while strengthening the capacity of its residents. This community founded organization recognizes that in order to build sustainable communities one must involve the residents and community stakeholders. With a foundation based in the Austin and Garfield areas of Chicago, Sow CDC is actively collaborating with like-minded individuals and groups to improve our communities one block, one neighborhood and one city at a time. Sow CDC seeks to alleviate poverty, develop housing, support youth and address the mental and physical needs of residents.

Notes from the nonprofit

Sow Community Development is a Community Development Entity, certified by the US Department of Treasury's CDFI-Fund. Sow is also a licensed developer in the City of Chicago.

Ruling year info

2017

CEO

James T Smith

Main address

2622 W Jackson Blvd

CHICAGO, IL 60612 USA

Show more contact info

EIN

47-3102648

NTEE code info

Community Improvement, Capacity Building N.E.C. (S99)

Housing Development, Construction, Management (L20)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

The Mission is to heal underprivileged neighborhoods and transform them into thriving communities by creating affordable residential real estate and building commercial real estate to the local economy. By rehabilitating and redeveloping abandoned buildings, vacant lots, dilapidated commercial areas, and communities as a whole REAP LLC & SOW CDC can revitalize and preserve barren neighborhoods, making their vision a reality.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Housing

To date Sow has acquired 133-REOs from FHFA since January of 2018, in the Chicago MSA, St. Louis MSA, Baltimore MSA, Detroit MSA, and other

Population(s) Served
Ethnic and racial groups
Work status and occupations
Social and economic status
Health
Family relationships

The creation of Quality, Social & Affordable housing using through the redevelopment of distressed properties and construction of infill housing.

Population(s) Served

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Total number of works acquired this year

This metric is no longer tracked.
Totals By Year
Population(s) Served

Veterans

Related Program

Neighborhood Stabilization

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Acquiring and rehabbing properties from the government sponsored entities, Fannie Mae, Freddie Mac, FHA, FHFA, & the National Community Stabilization Trust

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

The Vision of SOW is to create self-sustaining communities. A self-sustaining community must service the basic needs of its residents: quality housing for families and individuals, safe environments for residents and youth, a strong educational system, opportunities for employment, health and social services, food security, and recreational activities.

Our strategy to keep real estate affordable and create local jobs is to utilize Modular Construction. Modular Construction is energy efficient and projects a savings of 20% - 40% on construction cost when compared to the traditional stick built method. The savings made by utilizing Modular Construction will help cut costs for end buyers, while maintaining profit margins. This strategy will also keep neighborhoods affordable by preventing the pricing out of lifelong residents and gentrification of ethinc areas.

Since 2017 we have worked with The National Community Stabilization Trust as a Community Buyer, where we’ve purchased over 109-properties from Fannie Mae & Freddie Mac, since January of 2018. Once purchased Sow CDC is responsible for the rehab and or redevelopment of each property.

Since 2018 we have established an Opportunity Zone Fund (Reap Capital Partners), which we are working to access capital to rebuild & repurpose vacant and abandoned buildings, and begin construction on single & multifamily Infill housing, and commercial & manufacturing developments.

Since 2018 we have rehabbed and sold 130 homes and we are established as a CDE (Community Development Entity).
The next steps for SOW would be to get established as a CDFI (Community Development Financial Institution), start consumer lending and build modular factories.

Currently working on 125 homes on the south and westside.

Financials

Sow Community Development Corporation
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

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Sow Community Development Corporation

Board of directors
as of 10/26/2022
SOURCE: Self-reported by organization
Board chair

Dr. Abraham Morgan

Sinai Health System Chicago

Term: 2019 - 2024

Abraham Morgan

Sinai Health Systems; Chicago

Vincent Mills

Baird & Warner

Gwendolyn Hawkins

Chicago Patrolmen's Credit Union

Kimberly Lightford

ILGA 4th Dist Senator

Johnny Miller

Mt. Vernon Baptist Church

Organizational demographics

SOURCE: Self-reported; last updated 11/30/2020

Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.

Leadership

The organization's leader identifies as:

Race & ethnicity
Black/African American/African
Gender identity
Male, Not transgender (cisgender)
Sexual orientation
Heterosexual or Straight
Disability status
Person with a disability

Race & ethnicity

Gender identity

 

Sexual orientation

Disability

Equity strategies

Last updated: 11/30/2020

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We ask team members to identify racial disparities in their programs and / or portfolios.
  • We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We use a vetting process to identify vendors and partners that share our commitment to race equity.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.