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Community Housing Advocacy And Development

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

EIN: 363246645 ✦ Wheaton, IL ✦ Designated as a 501(c)(3)

Overview

What is Community Housing Advocacy And Development?

Community Housing Advocacy and Development, based in Wheaton, Illinois, is a nonprofit organization dedicated to providing affordable housing solutions. With a team of 15 dedicated individuals, CHAD successfully saves residents over $1.5 million annually by offering below-market rate rental housing to over 1,200 people. The organization is deeply committed to delivering quality housing, enabling individuals and families to live, work, and thrive in their communities. CHAD's mission is centered around providing affordable housing, contributing to the overall well-being and stability of its residents.


Official website here: www.chadhousing.org

Is Community Housing Advocacy And Development legitimate?

Community Housing Advocacy And Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Housing Advocacy And Development 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: $205,089
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,016,595

For more financial information, click here


Official website here: www.chadhousing.org

What is the mission statement of Community Housing Advocacy And Development?

Community Housing Advocacy and Development (CHAD) is dedicated to providing high-quality, affordable housing that enables individuals and families to live, work, and thrive. This organization is committed to making a significant impact, saving residents an annual sum of over $1,500,000 through the provision of below-market rate rental housing to over 1,200 people.


Official website here: www.chadhousing.org

Who is the CEO of Community Housing Advocacy And Development?

Mary Loch is the Chairperson of Community Housing Advocacy And Development.


Official website here: www.chadhousing.org

What is the revenue of Community Housing Advocacy And Development?

Community Housing Advocacy And Development's revenue in 2022 was $7,307,138.


Official website here: www.chadhousing.org

Who are the executives of Community Housing Advocacy And Development and what are their salaries?

The average compensation at Community Housing Advocacy And Development during 2022 was $81,446. There are 15 employees and 10 volunteers at Community Housing Advocacy And Development.

Here are 12 key members and their salaries:

    Mary Loch (President)
  • Compensation: $152,376
  • Related: $0
  • Other: $5,117

    • John Ware (Director Of Facilities)
  • Compensation: $100,122
  • Related: $0
  • Other: $8,545

    • Nancy Singer (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Hassett (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ruth Carlson (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mariela A Araujo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mellody Edwards (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Regena Groves (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eileen Hinchey Higgins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Amy Olson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gwen Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.chadhousing.org

    Where can I find the form 990 for Community Housing Advocacy And Development?

    The Community Housing Advocacy And Development’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.chadhousing.org

    Learn more at the official website: www.chadhousing.org

    Mission Statement of Community Housing Advocacy And Development

    Community Housing Advocacy and Development, or CHAD, is dedicated to providing high-quality, affordable housing where individuals and families can live, work, and thrive. Its mission is centered around creating an environment where residents can lead fulfilling lives, saving them significant financial resources in the process. Specifically, CHAD provides below-market rate rental housing to over 1,200 people annually, resulting in savings of over $1,500,000 for its residents. This commitment to affordable housing allows countless individuals and families to live with financial security and stability, fostering a sense of community and well-being.

    Impact

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




    Thursday, August 15, 2024

    Community Housing Advocacy And Development (CHAD) has a significant impact on the community by providing quality, affordable housing where individuals and families can live, work, and thrive. CHAD's efforts save residents over $1,500,000 annually by offering below-market rate rental housing to over 1,200 people in Wheaton, IL. This contributes to the financial stability and well-being of many individuals and families, making a tangible difference in their lives.





    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: $421,974
  • Program Service Revenue: $6,814,515
  • Gross Receipts: $7,361,090

    • Assets and Liabilities:
  • Total Assets: $43,551,754
  • Total Liabilities: $19,325,304
  • Net Assets: $24,226,450
  • Programs

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

    TENANT INCOME

    Revenue

    $5,116,487

    HOUSING ASSISTANCE PMT

    Revenue

    $1,596,241

    LAUNDRY AND LATE FEES

    Revenue

    $101,787

    Organization Details

    Founding Year

    1983

    Principal Officer

    Mary Loch

    Main Address

    531 EAST ROOSEVELT ROAD 201, WHEATON, IL, 60187

    NTEE Category

    Code: L20Z - Housing

    If you are a representative of Community Housing Advocacy And Development 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.