Overview
What is Chicago Metropolitan Housing Dev Corp?
Chicago Metropolitan Housing Dev Corp, situated in Chicago, Illinois, is a nonprofit organization with a focus on revitalizing, developing, financing, and providing rental properties for individuals with low and moderate incomes. Their mission extends beyond affordability, emphasizing the promotion of mixed-income developments and communities in vulnerable areas facing housing shortages. With a team of six dedicated employees, they work tirelessly to retain and develop properties, incorporating both affordable and market-rate housing options in their projects.
Official website here: www.cmhdc.com
Is Chicago Metropolitan Housing Dev Corp legitimate?
Chicago Metropolitan Housing Dev Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago Metropolitan 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: $185,562
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 Chicago Metropolitan Housing Dev Corp?
Chicago Metropolitan Housing Development Corporation (CMHDC) is committed to preserving and developing properties that offer both affordable and market-rate housing. The corporation focuses on areas that are susceptible to affordable housing shortages. In addition to this, CMHDC is involved in the revitalization, development, financing, and rental of low and moderate income housing. The organization also promotes mixed income developments and communities, aiming to provide housing options for a diverse range of income levels.
Official website here: www.cmhdc.com
Who is the CEO of Chicago Metropolitan Housing Dev Corp?
Rafael Leon is the Exec Dir of Chicago Metropolitan Housing Dev Corp.
Official website here: www.cmhdc.com
What is the revenue of Chicago Metropolitan Housing Dev Corp?
Chicago Metropolitan Housing Dev Corp's revenue in 2022 was $7,582,720.
Official website here: www.cmhdc.com
Who are the executives of Chicago Metropolitan Housing Dev Corp and what are their salaries?
The average compensation at Chicago Metropolitan Housing Dev Corp during 2022 was $30,927. There are 6 employees at Chicago Metropolitan Housing Dev Corp.
Here are 9 key members and their salaries:
- Rafael Leon (Exec Dir)
- Jack Markowski (Director)
- Marla Kaiden (Treasurer/Secy) [Trustee/Director]
- Rosanna Marquez (President/Dir) [Trustee/Director]
- Bruce Martin (Director)
- Karen Walker (Director)
- Theodore Weldon Iii (Director)
- Pamela Daniels Halisi (Director)
- Guacola Reyes (Director)
Official website here: www.cmhdc.com
Where can I find the form 990 for Chicago Metropolitan Housing Dev Corp?
The Chicago Metropolitan Housing Dev Corp’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 Chicago Metropolitan Housing Dev Corp
Chicago Metropolitan Housing Development Corporation, often referred to as CMHDC, is dedicated to preserving and enhancing properties with both affordable and market-rate housing within the city. Their mission aims to address areas that are vulnerable to affordable housing shortages. In doing so, CMHDC focuses on revitalization, development, financing, and rental services for low and moderate-income housing. Their efforts emphasize promoting mixed-income developments and communities, ensuring a balanced living environment for various income groups.
Impact
This information is meant to be a general summary of Chicago Metropolitan 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
Chicago Metropolitan Housing Dev Corp plays a vital role in retaining and developing properties with both affordable and market rate housing in Chicago. By focusing on areas vulnerable to affordable housing shortages, CMHDC contributes to the revitalization and development of communities in the city. With a mission to provide financing and rentals for low and moderate-income housing, the organization emphasizes mixed-income developments, promoting a more inclusive and diverse housing landscape in Chicago. Through its various activities, CMHDC helps address housing challenges and works towards creating sustainable and equitable housing solutions for residents in need.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GROSS RENTALS
Revenue
$7,278,746
Organization Details
Founding Year
1982
Phone
(312) 422-1680
Principal Officer
Rafael Leon
Main Address
225 W WACKER DRIVE, CHICAGO, IL, 60606
Website
www.cmhdc.com
NTEE Category
Code: L800 - Housing
If you are a representative of Chicago Metropolitan Housing Dev Corp 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.