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Beth-Anne Residences

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

EIN: 363999938 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Beth-Anne Residences?

Beth-Anne Residences is a nonprofit organization situated in Chicago, Illinois, focused on providing housing solutions for low-income elderly and disabled individuals. In alignment with Section 202 of the National Housing Act, the organization owns and operates a 125-unit residential rental facility, dedicated to offering a supportive living environment for these individuals. Their primary objective is to ensure that these vulnerable populations have access to comfortable and safe living quarters.


Is Beth-Anne Residences legitimate?

Beth-Anne Residences is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beth-Anne Residences 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: $450,784

For more financial information, click here


What is the mission statement of Beth-Anne Residences?
Who is the CEO of Beth-Anne Residences?
What is the revenue of Beth-Anne Residences?
Who are the executives of Beth-Anne Residences and what are their salaries?
Where can I find the form 990 for Beth-Anne Residences?

Mission Statement of Beth-Anne Residences

Beth-Anne Residences, as an organization, is committed to providing housing for individuals who fall under the categories of low income elderly and disabled individuals. This mission is carried out through the operation of a 125-unit residential rental facility, in accordance with Section 202 of the National Housing Act. The primary program offered by Beth-Anne Residences is an assisted living facility, specifically designed for the needs of low income elderly and disabled individuals, once again, in adherence to Section 202 of the National Housing Act. The organization's mission reflects a dedication to offering a safe and supportive living environment for this specific demographic, aiming to enhance their quality of life.

Impact

This information is meant to be a general summary of Beth-Anne Residences. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Beth-Anne Residences provides crucial housing support for low-income elderly and disabled individuals in Chicago, Illinois. By owning and operating a 125-unit residential rental facility, the organization plays a vital role in ensuring that this vulnerable population has access to safe and affordable housing options. This impact is significant in addressing the housing needs of those who are often marginalized and underserved in society. Beth-Anne Residences' mission to provide assisted living for the elderly and disabled demonstrates a commitment to promoting dignity, security, and well-being among those who may face housing challenges.





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: $34
  • Program Service Revenue: $1,595,318
  • Gross Receipts: $1,595,352

    • Assets and Liabilities:
  • Total Assets: $5,975,593
  • Total Liabilities: $10,551,769
  • Net Assets: -$4,576,176
  • Programs

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

    RENTAL REVENUE - TENAN

    Revenue

    $1,092,327

    RENTAL REVENUE

    Revenue

    $500,600

    OTHER PROGRAM REVENUE

    Revenue

    $2,391

    Organization Details

    Founding Year

    1998

    Principal Officer

    Sharif Walker

    Main Address

    1140 N LAMON AVE, CHICAGO, IL, 60651

    NTEE Category

    Code: L200 - Housing

    If you are a representative of Beth-Anne Residences 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.