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West Chicago Preservation Corporation

Towne & Country Apartments

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

EIN: 363891982 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is West Chicago Preservation Corporation?

West Chicago Preservation Corporation is a nonprofit organization situated in Chicago, Illinois, specifically at 325 N Wells 8th Floor, serving the 60654 ZIP code. Its primary mission is to offer safe, clean, and hygienic rental housing options for individuals and families with modest incomes. In 2022, they served a total of 192 families within their apartment complex. The project is sponsored by Hispanic Housing Development Corp., an exempt organization. The corporation's primary focus is on providing an appropriate living environment for low-income families, ensuring their well-being and maintaining a positive community atmosphere.


Is West Chicago Preservation Corporation legitimate?

West Chicago Preservation Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. West Chicago Preservation 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: $321,425

For more financial information, click here


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

Mission Statement of West Chicago Preservation Corporation

West Chicago Preservation Corporation, a nonprofit organization, is dedicated to providing safe, decent, and sanitary rental housing for individuals and families who fall within the low and moderate income brackets. The corporation's primary mission is to ensure that these individuals have access to suitable living conditions, promoting their overall well-being and quality of life. In 2022, the corporation successfully served 192 families, demonstrating its commitment to this cause. The sponsor of this project is Hispanic Housing Development Corp., which is an exempt organization, further underscoring the corporation's dedication to assisting those in need.

Impact

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




Thursday, August 15, 2024

West Chicago Preservation Corporation's impact can be seen in the provision of safe, decent, and sanitary rental housing for low and moderate-income tenants in West Chicago, IL. The organization operates an apartment complex that serves as a home to 192 families in 2022. By partnering with the Hispanic Housing Development Corp., West Chicago Preservation Corporation plays a vital role in addressing the housing needs of underserved communities, contributing to the overall well-being and stability of its residents. Through their efforts, they are making a tangible difference in ensuring that individuals and families have access to affordable and quality housing options.





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: $12,752
  • Program Service Revenue: $2,470,048
  • Gross Receipts: $2,484,544

    • Assets and Liabilities:
  • Total Assets: $9,145,087
  • Total Liabilities: $14,516,116
  • Net Assets: -$5,371,029
  • Programs

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

    RENTAL INCOME

    Revenue

    $2,450,493

    LAUNDRY AND VENDING

    Revenue

    $12,789

    TENANT CHARGES

    Revenue

    $6,766

    Organization Details

    Founding Year

    1993

    Principal Officer

    Hipolito Roldan

    Main Address

    325 N WELLS 8TH FLOOR, CHICAGO, IL, 60654

    NTEE Category

    Code: L800 - Housing

    If you are a representative of West Chicago Preservation 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.