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Catholic Charities Housing Dev Corp

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

EIN: 363425314 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Catholic Charities Housing Dev Corp?

Catholic Charities Housing Development Corporation is a nonprofit organization situated in Chicago, Illinois, specifically at 721 N La Salle St. Their primary mission involves the development and management of housing facilities, with a focus on serving veterans, the elderly, and individuals with disabilities. They are instrumental in operating St. Leo Home for Veterans, a 141-unit residence for homeless veterans, and hold a significant share in the limited partnership that owns this facility. Furthermore, they manage a 22-unit supportive residence for low-income seniors. Their activities extend beyond just housing, as they record their share of the partnership's net revenues and expenses on their financial statements.


Is Catholic Charities Housing Dev Corp legitimate?

Catholic Charities Housing Dev Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catholic Charities Housing Dev Corp 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: $783,680

For more financial information, click here


What is the mission statement of Catholic Charities Housing Dev Corp?
Who is the CEO of Catholic Charities Housing Dev Corp?
What is the revenue of Catholic Charities Housing Dev Corp?
Who are the executives of Catholic Charities Housing Dev Corp and what are their salaries?
Where can I find the form 990 for Catholic Charities Housing Dev Corp?

Mission Statement of Catholic Charities Housing Dev Corp

Catholic Charities Housing Development Corporation is dedicated to addressing the housing needs of vulnerable populations, specifically veterans, seniors, and individuals with disabilities. The organization's mission involves the development and construction of suitable housing and related facilities for these groups. Catholic Charities Housing Development Corporation manages two significant residences as part of this mission. The first is a 141-unit residence designed for homeless veterans, providing them with a safe and supportive living environment. The second is a 22-unit supportive residence for low-income seniors, ensuring they have access to appropriate housing as well. The corporation also manages a 99.99% share in the St. Leo Residence LP, which owns the St. Leo Home for Veterans, where it records the net of revenues and expenses for the partnership on its financial statements.

Impact

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




Thursday, August 15, 2024

Catholic Charities Housing Dev Corp has a significant impact on the community by developing and managing housing for veterans, seniors, and the disabled. The organization's focus on providing housing for those in need, particularly homeless veterans, plays a crucial role in addressing the housing crisis faced by vulnerable populations. By managing the St. Leo Home for Veterans, a 141 unit residence for homeless veterans, the organization not only provides shelter but also support services to help these individuals rebuild their lives. Additionally, the organization operates a 22 unit supportive residence for low-income seniors, further contributing to creating stable and affordable housing options for those in need. Through its efforts, Catholic Charities Housing Dev Corp is making a meaningful difference in the lives of individuals and families in Chicago and beyond.





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: $338,728
  • Program Service Revenue: $10,524,796
  • Gross Receipts: $10,918,856

    • Assets and Liabilities:
  • Total Assets: $28,399,743
  • Total Liabilities: $13,498,172
  • Net Assets: $14,901,571
  • Programs

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

    Fees & Contracts Gov Agencies

    Revenue

    $679,094

    Resident Rental Fees

    Revenue

    $179,173

    St. Leo Residence, LP

    Revenue

    $9,666,529

    Organization Details

    Founding Year

    1987

    Principal Officer

    James Cunnea

    Main Address

    721 N La Salle St, Chicago, IL, 60654

    NTEE Category

    Code: L210 - Housing

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