Overview
What is Northwest Towers Residents Association?
The Northwest Towers Residents Association is a nonprofit organization situated in Chicago, Illinois, specifically at 1170 W Erie St, 60622. Their primary mission is to manage a property funded by the U.S. Department of Housing and Urban Development (HUD), providing housing for low to moderate-income individuals and families. With a staff of 7 dedicated employees, they work tirelessly to ensure the property's smooth operation. Their focus on affordable housing plays a crucial role in supporting the local community, providing a vital service that makes housing more accessible for many.
Is Northwest Towers Residents Association legitimate?
Northwest Towers Residents Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwest Towers Residents Association 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: $235,397
For more financial information, click here
Mission Statement of Northwest Towers Residents Association
Northwest Towers Residents Association, as per its activity or mission description, is dedicated to the operation of a HUD property, providing housing for individuals and families with low to moderate incomes. This nonprofit organization's primary focus is on managing a housing unit that caters to this specific income bracket, ensuring affordable living options for those who may not have access to such opportunities otherwise. The association's role is instrumental in offering a secure and comfortable living environment for these individuals, contributing positively to their daily lives and overall community.
Impact
This information is meant to be a general summary of Northwest Towers Residents Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Northwest Towers Residents Association has a significant impact on the community by providing affordable housing for low to moderate-income individuals and families in Chicago. Their operation of a HUD property ensures that residents have a safe and stable place to live, contributing to the overall well-being of the community. Through their mission, they play a crucial role in addressing the housing needs of vulnerable populations and promoting economic stability among residents.
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.
TENANT RENT REVENUE, AT NET
Revenue
$736,510
LAUNDRY AND VENDING
Revenue
$18,155
OTHER
Revenue
$413
Organization Details
Founding Year
1996
Phone
(312) 633-9057
Principal Officer
Faye Jenkins
Main Address
1170 W ERIE ST, CHICAGO, IL, 60622
NTEE Category
Code: L20Z - Housing
If you are a representative of Northwest Towers Residents Association 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.