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Assisi Homes Of Gurnee Inc

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

EIN: 363942336 ✦ Denver, CO ✦ Designated as a 501(c)(3)

Overview

What is Assisi Homes Of Gurnee Inc?

Assisi Homes of Gurnee Inc. is a nonprofit corporation established in Illinois on February 1, 1994, adhering to the state's not-for-profit statutes. The organization's primary goal is to manage a 60-unit community situated in Gurnee, Illinois, which caters to the housing and related needs of low-income elderly or disabled individuals. The U.S. Department of Housing and Urban Development provides financial assistance and a capital advance to the organization through Section 202 of the National Housing Act, aiding in its mission. Assisi Homes of Gurnee Inc. aims to promote a secure living environment and necessary services for its residents, contributing positively to their well-being.


Is Assisi Homes Of Gurnee Inc legitimate?

Assisi Homes Of Gurnee Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Assisi Homes Of Gurnee Inc 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: $168,880

For more financial information, click here


What is the mission statement of Assisi Homes Of Gurnee Inc?
Who is the CEO of Assisi Homes Of Gurnee Inc?
What is the revenue of Assisi Homes Of Gurnee Inc?
Who are the executives of Assisi Homes Of Gurnee Inc and what are their salaries?
Where can I find the form 990 for Assisi Homes Of Gurnee Inc?

Mission Statement of Assisi Homes Of Gurnee Inc

Assisi Homes of Gurnee Inc, established in 1994, is a not-for-profit corporation dedicated to providing housing and related services for elderly or disabled individuals with very low incomes. This organization's mission is carried out through the operation of a 60-unit community situated in Gurnee, Illinois. The corporation's efforts are backed by housing assistance and a capital advance from the U.S. Department of Housing and Urban Development, granted under Section 202 of the National Housing Act, which has been amended.

Assisi Homes of Gurnee Inc is committed to supporting the housing needs of a specific group of individuals who may face challenges in securing adequate housing due to their age or disability. By providing a safe and supportive living environment, the organization aims to enhance the quality of life for these individuals, ensuring they can live with dignity and independence. The corporation's mission is a testament to its dedication to addressing the unique housing needs of this vulnerable population, providing them with the resources and support they require to thrive.

Impact

This information is meant to be a general summary of Assisi Homes Of Gurnee Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Assisi Homes Of Gurnee Inc's impact is significant as it provides housing and related services for very low-income elderly or disabled persons in Gurnee, Illinois. By operating a 60 unit community and receiving housing assistance and capital advance from the U.S. Department of Housing and Urban Development, this organization plays a crucial role in ensuring that vulnerable individuals have access to safe and affordable housing. Their mission of supporting the elderly and disabled population through housing initiatives directly improves the quality of life for those in need within 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: $98
  • Program Service Revenue: $243,748
  • Gross Receipts: $523,831

    • Assets and Liabilities:
  • Total Assets: $2,752,156
  • Total Liabilities: $79,989
  • Net Assets: $2,672,167
  • Programs

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

    NET RENTAL REVENUE

    Revenue

    $237,222

    ANCILLARY SERVICES

    Revenue

    $4,230

    OTHER REVENUE

    Revenue

    $2,296

    Organization Details

    Founding Year

    1994

    Principal Officer

    Melissa Clayton

    Main Address

    1600 BROADWAY SUITE 2000, DENVER, CO, 802025704

    NTEE Category

    Code: L21 - Housing

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