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Deerfield Senior Housing Corporation

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

EIN: 363017566 ✦ Deerfield, IL ✦ Designated as a 501(c)(3)

Overview

What is Deerfield Senior Housing Corporation?

Deerfield Senior Housing Corporation is a nonprofit organization situated in Deerfield, Illinois. Committed to serving the elderly community, they own and manage affordable housing facilities in accordance with Section 202 of the National Housing Act. Their mission is to provide suitable living spaces for eligible low-income tenants, ensuring they can maintain a decent living standard. The organization's primary activity involves offering affordable housing solutions, catering to the needs of the underprivileged elderly population in the vicinity.


Is Deerfield Senior Housing Corporation legitimate?

Deerfield Senior Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Deerfield Senior Housing Corporation 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: $180,753

For more financial information, click here


What is the mission statement of Deerfield Senior Housing Corporation?
Who is the CEO of Deerfield Senior Housing Corporation?
What is the revenue of Deerfield Senior Housing Corporation?
Who are the executives of Deerfield Senior Housing Corporation and what are their salaries?
Where can I find the form 990 for Deerfield Senior Housing Corporation?

Mission Statement of Deerfield Senior Housing Corporation

Deerfield Senior Housing Corporation, as a nonprofit organization, is dedicated to providing affordable housing for eligible low-income tenants. This mission is carried out through the operation and management of housing projects, in accordance with Section 202 of the National Housing Act. The corporation's primary focus is on catering to the elderly population, offering them a place to reside in a budget-friendly manner. By providing affordable housing, Deerfield Senior Housing Corporation aims to contribute positively to the lives of its residents, enabling them to maintain a dignified living standard despite their financial constraints.

Impact

This information is meant to be a general summary of Deerfield Senior Housing Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Deerfield Senior Housing Corporation's impact is centered around providing affordable housing for eligible low-income tenants in Deerfield, Illinois. By owning and operating a project for the elderly under Section 202 of the National Housing Act, the organization plays a crucial role in ensuring that elderly individuals have a safe and affordable place to call home. Through their mission of providing affordable housing, Deerfield Senior Housing Corporation positively impacts the lives of low-income seniors by giving them access to stable and secure living arrangements.





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: $252
  • Program Service Revenue: $1,172,807
  • Gross Receipts: $1,173,059

    • Assets and Liabilities:
  • Total Assets: $2,530,074
  • Total Liabilities: $7,570,012
  • Net Assets: -$5,039,938
  • Programs

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

    RENT REVENUE / (LOSS)

    Revenue

    $1,172,807

    Organization Details

    Founding Year

    1987

    Principal Officer

    Chuck Whisler

    Main Address

    733 OSTERMAN, DEERFIELD, IL, 60015

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Deerfield Senior Housing Corporation 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.