Overview
What is 820 W Belle Plaine Cooperative?
820 W Belle Plaine Cooperative is a nonprofit organization situated in Chicago, Illinois, with a focus on providing affordable housing opportunities for eligible low-income tenants. In line with its mission, the cooperative allows tenants to pay rent based on their financial capabilities, as per HUD guidelines. The main objective of this nonprofit is to ensure that affordable housing is accessible to those who need it most, thereby contributing positively to the community.
Is 820 W Belle Plaine Cooperative legitimate?
820 W Belle Plaine Cooperative is a legitimate nonprofit organization registered as a 501(c)(3) entity. 820 W Belle Plaine Cooperative 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: $383,629
For more financial information, click here
What is the mission statement of 820 W Belle Plaine Cooperative?
The 820 W Belle Plaine Cooperative is committed to providing affordable housing for eligible low-income tenants. Their mission is centered around offering affordable living spaces, ensuring that tenants pay a portion of the rent based on their income capacity, according to the guidelines set by the HUD. This organization strives to make housing accessible for individuals who may otherwise struggle with affordability, thereby contributing to a more equitable living situation for these individuals.
Who is the CEO of 820 W Belle Plaine Cooperative?
Lasun Omotunwashe is the President of 820 W Belle Plaine Cooperative.
What is the revenue of 820 W Belle Plaine Cooperative?
820 W Belle Plaine Cooperative's revenue in 2022 was $2,265,114.
Who are the executives of 820 W Belle Plaine Cooperative and what are their salaries?
- Lasun Omotunwashe (President) [Trustee/Director]
- Hilda Lainjo (Vice President) [Trustee/Director]
- Charisse Harris (Secretary) [Trustee/Director]
- Sylvia Juarez (Director)
- Taiwo Jenkins (Director)
- Celestin Nounkwa (Treasurer) [Trustee/Director]
- Carolyn Phipps (Director)
Where can I find the form 990 for 820 W Belle Plaine Cooperative?
The 820 W Belle Plaine Cooperative’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of 820 W Belle Plaine Cooperative
The 820 W Belle Plaine Cooperative is dedicated to providing affordable housing for eligible low-income tenants. This mission is carried out by offering residences at a cost that is proportionate to each tenant's earning capacity, as per the guidelines set by the Department of Housing and Urban Development (HUD). The organization strives to make housing more accessible for individuals with limited financial means, thus contributing to their well-being and stability.
Impact
This information is meant to be a general summary of 820 W Belle Plaine Cooperative. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
820 W Belle Plaine Cooperative's impact lies in providing affordable housing for eligible low-income tenants in Chicago, Illinois. The project offers a place for individuals to live at a cost that is based on their ability to pay as determined by HUD guidelines. By offering affordable housing options, this cooperative contributes to addressing the housing needs of low-income individuals in the community, thereby enhancing their quality of life and promoting stability.
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.
CARRYING CHARGES
Revenue
$1,686,379
MISCELLANEOUS INCOME
Revenue
$18,960
TENANT ASSISTANCE PAYMENT
Revenue
$553,431
TENANT CHARGES
Revenue
$4,518
Organization Details
Phone
(773) 549-2621
Principal Officer
Lasun Omotunwashe
Main Address
C/O MGMT OFFICE 820 W BELLE PLAINE, CHICAGO, IL, 60613
NTEE Category
Code: L50 - Housing
If you are a representative of 820 W Belle Plaine Cooperative 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.