MISSION
The mission of the South Side Community Economic Development Center (“The Center” or “SSCEDC”) is to build community capacity through a holistic and cooperative approach to financial education and economic development.
HISTORY
The Center was organized in 2006 as a 501c3 nonprofit organization exclusively for charitable, educational and scientific purposes. More specifically, it was established to advance community economic development on Chicago’s historic South Side.
PURPOSE
To research the financial, economic, and educational needs of low-income individuals, families, and organizations; To design, develop, and/or facilitate services, programs, and/or products that alleviate poverty; To provide financial education, counseling, and training to low-income individuals and families with a particular focus on activities that:
- Increase basic financial literacy among residents
- Aid in the formation and maintenance of local micro-enterprises, small businesses and community organizations
- Offer home ownership education programming and counseling to low-and moderate-income individuals seeking to purchase and/or maintain a home
- Help to develop other assets, investments and ownership opportunities for LMI individuals
- Engage and strengthen other community economic development organizations through partnerships, networking, training, technical assistance, access to capital, urban planning and public policy.
In addition to the general expectations we all have of a community center (such classes and events for the community), being a member of the SSCEDC offers some perks and intangible benefits such as:
Networking Opportunities
As a valued member of the South Side Community Economic Development Center (SSCEDC), you'll have access to a network of stakeholders, including community development specialists. Engage in meaningful conversations, forge partnerships, and collaborate with like-minded individuals dedicated to the growth and prosperity of the South Side.
Community Revitalization
SSCEDC members actively participate in shaping the future of our community through access to and involvement in community revitalization plans. Be a driving force behind positive change, contribute your ideas, and play a pivotal role in initiatives that enhance the overall well-being of the South Side.
Foster Powerful Connections
Join a powerful coalition of like-minded individuals who share a common goal – fostering community development and economic empowerment. As a member of SSCEDC, you become part of a strong, united front dedicated to building a resilient and thriving South Side community.
Affordable Micro-Credit Access
Unlock opportunities for personal and entrepreneurial growth with affordable micro-credit options exclusive to SSCEDC members. Whether you're starting a small business or pursuing personal projects, our community-focused credit solutions provide the financial support you need to achieve your goals.
Free Financial Education
Strengthen your financial literacy with complimentary financial education classes available at member organizations. Gain valuable insights into budgeting, investing, and smart financial practices to empower yourself and contribute to the economic well-being of the South Side community.
Free Credit Union Membership
Enjoy the benefits of free membership in the South Side Community Federal Credit Union when you join SSCEDC. Access a range of financial services, including savings accounts, loans, and other member-exclusive offerings that prioritize the financial health of our community.
Discounts on Services and Products
Take advantage of member only discounts on select member business services and products. Support local businesses while enjoying cost savings on essential goods and services, reinforcing the strong economic ties within the SSCEDC community.
Professional Development
SSCEDC members receive special discounts on training and technical assistance, providing valuable resources to enhance professional development and skills. Stay at the forefront of industry trends, and access the support needed to make meaningful contributions to community development initiatives.
