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Northwest Towers Residents Association

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

EIN: 363907906 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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


What is the mission statement of Northwest Towers Residents Association?
Who is the CEO of Northwest Towers Residents Association?
What is the revenue of Northwest Towers Residents Association?
Who are the executives of Northwest Towers Residents Association and what are their salaries?
Where can I find the form 990 for Northwest Towers Residents Association?

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.

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: $18,233
  • Program Service Revenue: $755,078
  • Gross Receipts: $2,495,637

    • Assets and Liabilities:
  • Total Assets: $19,386,171
  • Total Liabilities: $18,263,817
  • Net Assets: $1,122,354
  • 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

    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.