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Woodstock Preservation Corporation

Mapletree Apartments

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

EIN: 363907579 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Woodstock Preservation Corporation?

Woodstock Preservation Corporation is a nonprofit organization situated in Chicago, Illinois. Their primary focus is to offer secure, clean, and hygienic rental housing options for individuals with moderate and low income levels. In 2022, they served 134 families within this demographic. The sponsor of this project is the Hispanic Housing Development Corporation, which is a recognized exempt organization. The corporation manages an apartment complex in Woodstock, Illinois, providing a vital service to the local community.


Is Woodstock Preservation Corporation legitimate?

Woodstock Preservation Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Woodstock 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: $211,201

For more financial information, click here


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

Mission Statement of Woodstock Preservation Corporation

Woodstock Preservation Corporation, as a nonprofit organization, is committed to providing safe, decent, and sanitary rental housing for individuals and families with low to moderate income. This mission is an essential aspect of their operations, aiming to ensure that these households have access to suitable living conditions. The corporation's primary goal is to serve as a reliable housing provider, contributing to the overall well-being and stability of its tenants. In 2022, the organization successfully served 134 families, demonstrating its dedication and effectiveness in fulfilling its mission. The sponsor of this project is the Hispanic Housing Development Corporation, a recognized exempt organization, further highlighting the corporation's commitment to serving the community.

Impact

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




Thursday, August 15, 2024

Woodstock Preservation Corporation's impact lies in providing safe, decent, and sanitary rental housing for low and moderate-income tenants in Woodstock, Illinois. This nonprofit organization operates an apartment complex that serves as a home for 134 families in 2022. The Hispanic Housing Development Corporation sponsors this project, aiming to address the housing needs of the community. Through its mission to offer affordable housing options, Woodstock Preservation Corporation positively impacts the lives of individuals and families by providing them with a stable and secure living environment.





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: $47
  • Program Service Revenue: $1,683,212
  • Gross Receipts: $1,687,869

    • Assets and Liabilities:
  • Total Assets: $5,156,793
  • Total Liabilities: $5,848,844
  • Net Assets: -$692,051
  • Programs

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

    RENTAL INCOME

    Revenue

    $1,677,231

    LAUNDRY INCOME

    Revenue

    $4,609

    TENANT CHARGES

    Revenue

    $1,372

    Organization Details

    Founding Year

    1993

    Principal Officer

    Hipolito Roldan

    Main Address

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

    NTEE Category

    Code: L200 - Housing

    If you are a representative of Woodstock 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.