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The Affordable Housing Corporation Of Lake County

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

EIN: 363873457 ✦ Libertyville, IL ✦ Designated as a 501(c)(3)

Overview

What is The Affordable Housing Corporation Of Lake County?

The Affordable Housing Corporation of Lake County (AHC) is a dedicated nonprofit organization situated in the Chicago metropolitan area. Their primary mission is to ensure that low and moderate-income individuals can secure and maintain affordable housing. To achieve this objective, AHC administers programs that revitalize neighborhoods, boost the local housing stock, and increase and preserve affordable housing options in the region. By doing so, AHC aims to strengthen communities and empower their residents. In essence, AHC serves as a vital force in promoting decent, safe, and sanitary housing for those with limited financial resources, thereby contributing positively to the overall well-being of the community.


Official website here: www.cpahousing.org

Is The Affordable Housing Corporation Of Lake County legitimate?

The Affordable Housing Corporation Of Lake County is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Affordable Housing Corporation Of Lake County 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: $120,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $258,395

For more financial information, click here


Official website here: www.cpahousing.org

What is the mission statement of The Affordable Housing Corporation Of Lake County?

The Affordable Housing Corporation of Lake County's mission is centered around providing affordable, safe, and sanitary housing for individuals with low and moderate income. The corporation aims to strengthen communities by improving the local housing stock. This is achieved through the administration of programs that revitalize neighborhoods and increase the availability of affordable housing options in the northern section of the Chicago metropolitan statistical area. The corporation's activities also aim to preserve existing affordable housing options, thereby contributing to the stability and growth of these communities.


Official website here: www.cpahousing.org

Who is the CEO of The Affordable Housing Corporation Of Lake County?

Michael Mader is the Chair of The Affordable Housing Corporation Of Lake County.


Official website here: www.cpahousing.org

What is the revenue of The Affordable Housing Corporation Of Lake County?

The Affordable Housing Corporation Of Lake County's revenue in 2022 was $5,136,647.


Official website here: www.cpahousing.org

Who are the executives of The Affordable Housing Corporation Of Lake County and what are their salaries?

The average compensation at The Affordable Housing Corporation Of Lake County during 2022 was $94,599. There are 4 employees and 3 volunteers at The Affordable Housing Corporation Of Lake County.

Here are 4 key members and their salaries:

    Michael Mader (President)
  • Compensation: $120,000
  • Related: $0
  • Other: $12,623

    • Timothy Johnston (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Deblauw (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Anthony (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cpahousing.org

    Where can I find the form 990 for The Affordable Housing Corporation Of Lake County?

    The The Affordable Housing Corporation Of Lake County’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cpahousing.org

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

    Mission Statement of The Affordable Housing Corporation Of Lake County

    The Affordable Housing Corporation of Lake County is dedicated to providing decent, safe, and sanitary housing that is affordable for low and moderate-income individuals. This mission extends beyond just offering housing; the corporation also aims to stabilize and strengthen communities by improving the local housing stock. To achieve this, they administer programs that revitalize neighborhoods and increase and preserve affordable housing options in the northern section of the Chicago metropolitan statistical area. By doing so, they aim to enhance the living conditions of many and contribute to the overall well-being of these communities.

    Impact

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




    Thursday, August 15, 2024

    The impact of The Affordable Housing Corporation Of Lake County is significant in providing decent, safe, and sanitary housing that is affordable to low and moderate-income individuals. By stabilizing and strengthening communities through improving the local housing stock, the organization plays a vital role in revitalizing neighborhoods and increasing the availability of affordable housing options in the northern section of the Chicago Metropolitan Statistical Area. Through its programs, the Affordable Housing Corporation Of Lake County empowers residents to secure and retain safe and stable housing that they can afford, ultimately contributing to the overall well-being and sustainability of the community.





    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: $2,629
  • Program Service Revenue: $5,060,382
  • Gross Receipts: $5,136,647

    • Assets and Liabilities:
  • Total Assets: $2,256,048
  • Total Liabilities: $957,094
  • Net Assets: $1,298,954
  • Programs

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

    PROCEEDS FROM SALES

    Revenue

    $4,666,371

    PROJECT DELIVERY

    Revenue

    $248,823

    INCOME

    Revenue

    $145,188

    Organization Details

    Founding Year

    1992

    Principal Officer

    Michael Mader

    Main Address

    800 S MILWAUKEE AVE 201, LIBERTYVILLE, IL, 60048

    NTEE Category

    Code: P20Z - Human services

    If you are a representative of The Affordable Housing Corporation Of Lake County 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.