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Armitage Commons Preservation Nfp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 203859675 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Armitage Commons Preservation Nfp?

Armitage Commons Preservation Nfp is a nonprofit organization situated in Chicago, Illinois. Their primary mission is to offer safe, clean, and hygienic rental housing accommodations for individuals and families with modest incomes. They served 113 families in 2022, demonstrating their commitment to this cause. The initiative is backed by Hispanic Housing Development Corporation, a tax-exempt organization. The nonprofit's purpose is to ensure that low-income residents have access to suitable living conditions, contributing positively to their overall well-being.


Is Armitage Commons Preservation Nfp legitimate?

Armitage Commons Preservation Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Armitage Commons Preservation Nfp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $224,562

For more financial information, click here


What is the mission statement of Armitage Commons Preservation Nfp?
Who is the CEO of Armitage Commons Preservation Nfp?
What is the revenue of Armitage Commons Preservation Nfp?
Who are the executives of Armitage Commons Preservation Nfp and what are their salaries?
Where can I find the form 990 for Armitage Commons Preservation Nfp?

Mission Statement of Armitage Commons Preservation Nfp

Armitage Commons Preservation Nfp, as a nonprofit organization, is committed to providing safe, decent, and sanitary rental housing for individuals and families with low and moderate incomes. The mission of Armitage Commons Preservation Nfp is to ensure that its tenants have access to a living environment that meets basic standards of cleanliness and safety. This mission is carried out through the operation of an apartment complex, which serves as a home for 113 families each year. The sponsor of this project is Hispanic Housing Development Corporation, a tax-exempt organization that shares the same commitment to providing affordable housing solutions. By offering secure and well-maintained living spaces, Armitage Commons Preservation Nfp contributes to the well-being of its community members, enabling them to focus on other aspects of their lives with peace of mind.

Impact

This information is meant to be a general summary of Armitage Commons Preservation Nfp. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Armitage Commons Preservation Nfp's impact can be seen in the provision of safe, decent, and sanitary rental housing for low and moderate-income tenants in Chicago, IL. In 2022, the organization served 113 families by operating an apartment complex in the city. Through their mission to provide affordable housing, Armitage Commons Preservation Nfp positively impacts the lives of individuals and families who may otherwise struggle to find suitable accommodation.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,686
  • Program Service Revenue: $1,430,276
  • Gross Receipts: $1,507,741

    • Assets and Liabilities:
  • Total Assets: $5,132,148
  • Total Liabilities: $10,721,429
  • Net Assets: -$5,589,281
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL INCOME

    Revenue

    $1,429,497

    TENANT CHARGES

    Revenue

    $779

    Organization Details

    Founding Year

    2006

    Principal Officer

    Hipolito Roldan

    Main Address

    325 N WELLS 8TH FLOOR, CHICAGO, IL, 60654

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Armitage Commons Preservation Nfp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.