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Cmhdc Development Services

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

EIN: 272069309 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Cmhdc Development Services?

Cmhdc Development Services is a nonprofit organization situated in Chicago, Illinois, with an address at 225 W Wacker. Their primary mission is to develop and maintain both affordable and market-rate housing outside the city of Chicago. They achieve this by providing revitalization and financing for low and moderate income housing developments, promoting mixed income communities. As of December 31, 2021, they manage 147 rental units. The organization's work focuses on retaining and developing properties that cater to various income levels, contributing to the housing sector outside Chicago.


Official website here: www.cmhdc.com

Is Cmhdc Development Services legitimate?

Cmhdc Development Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cmhdc Development Services 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: $0

For more financial information, click here


Official website here: www.cmhdc.com

What is the mission statement of Cmhdc Development Services?

Cmhdc Development Services is committed to retaining and developing properties, both affordable and market rate, outside the city limits. Their mission is to promote mixed income developments and communities, with a focus on providing revitalization, development, financing, and rental services for low and moderate income housing units. As of December 31, 2021, the organization manages 147 rental units, demonstrating their dedication to affordable housing solutions.


Official website here: www.cmhdc.com

Who is the CEO of Cmhdc Development Services?

Rafael Leon is the Secretary/Treasurer of Cmhdc Development Services.


Official website here: www.cmhdc.com

What is the revenue of Cmhdc Development Services?

Cmhdc Development Services's revenue in 2022 was $2,432,218.


Official website here: www.cmhdc.com

Who are the executives of Cmhdc Development Services and what are their salaries?

Here are 8 key members and their salaries:

    Rafael Leon (Executive Director)
  • Compensation: $0
  • Related: $185,562
  • Other: $0

    • Rosanna A Marquez (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marla Kaiden (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Guacolda Reyes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Markowski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Theodore Weldon Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pamela Daniels Halisi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cmhdc.com

    Where can I find the form 990 for Cmhdc Development Services?

    The Cmhdc Development Services’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cmhdc.com

    Learn more at the official website: www.cmhdc.com

    Mission Statement of Cmhdc Development Services

    Cmhdc Development Services, a nonprofit organization, is dedicated to a mission that involves retaining and developing properties with both affordable and market-rate housing outside the city of Chicago. This mission is aimed at promoting mixed-income developments and communities, with an emphasis on affordable housing. The organization provides revitalization, development, financing, and rentals for low and moderate-income housing units. As of December 31, 2021, Cmhdc Development Services owns and operates 147 rental units, demonstrating its commitment to this mission. The organization's efforts contribute to the provision of affordable housing options, thereby helping to address housing needs in communities beyond the city limits of Chicago.

    Impact

    This information is meant to be a general summary of Cmhdc Development Services. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Cmhdc Development Services has a significant impact on the community by providing revitalization, development, and financing for low and moderate-income housing outside the city of Chicago. The organization's mission to retain and develop properties with both affordable and market-rate housing contributes to the promotion of mixed-income developments and communities. As of December 31, 2021, Cmhdc Development Services owns and operates 147 rental units, offering much-needed housing options for individuals and families in need of affordable housing solutions. Through their efforts, they are helping to address housing challenges and contribute to creating more inclusive and sustainable communities.





    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: $3,974
  • Program Service Revenue: $2,165,404
  • Gross Receipts: $2,432,218

    • Assets and Liabilities:
  • Total Assets: $13,211,377
  • Total Liabilities: $17,271,476
  • Net Assets: -$4,060,099
  • Programs

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

    RENTAL AND OTHER

    Revenue

    $2,165,404

    Organization Details

    Founding Year

    2009

    Principal Officer

    Rafael Leon

    Main Address

    225 W WACKER, CHICAGO, IL, 60606

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Cmhdc Development Services 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.