Assisi Homes - Colony Park Inc

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

EIN: 364039278 ✦ Denver, CO ✦ Designated as a 501(c)(3)

Overview

What is Assisi Homes - Colony Park Inc?

Assisi Homes - Colony Park Inc, established in 1995, is a nonprofit organization based in Carol Stream, Illinois, adhering to the not-for-profit laws of the state. The primary mission of this organization is to offer housing and related services for individuals with low and very low incomes. They receive assistance in the form of mortgages and grants from the U.S. Department of Housing and Urban Development, under Section 236 of the National Housing Act. Assisi Homes - Colony Park Inc aims to provide a supportive living environment, contributing to the betterment of the community in Carol Stream.


Is Assisi Homes - Colony Park Inc legitimate?

Assisi Homes - Colony Park Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Assisi Homes - Colony Park 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: $447,152

For more financial information, click here


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

Mission Statement of Assisi Homes - Colony Park Inc

Assisi Homes - Colony Park Inc, established in 1995, is a nonprofit organization with a mission to provide housing and related services for individuals with low and very low incomes. This mission is carried out through housing assistance, mortgages, and grants obtained from the U.S Department of Housing and Urban Development, in accordance with Section 236 of the National Housing Act. The organization's primary goal is to make housing more accessible and affordable for those who may otherwise struggle to secure adequate living conditions. By providing these services, Assisi Homes - Colony Park Inc contributes to creating more stable living environments for its clients, thereby improving their overall quality of life.

Impact

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




Thursday, August 15, 2024

Assisi Homes - Colony Park Inc makes a significant impact by providing housing and related services for very low and low-income individuals in Carol Stream, Illinois. Through housing assistance, mortgages, and grants from the U.S. Department of Housing and Urban Development, the organization helps address the housing needs of vulnerable populations. By offering these essential services, Assisi Homes - Colony Park Inc plays a crucial role in supporting individuals who might otherwise struggle to secure stable and affordable housing in 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: $180
  • Program Service Revenue: $1,413,448
  • Gross Receipts: $3,963,788

    • Assets and Liabilities:
  • Total Assets: $11,127,674
  • Total Liabilities: $14,785,364
  • Net Assets: -$3,657,690
  • Programs

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

    RENTAL INCOME

    Revenue

    $1,258,943

    OTHER REVENUE

    Revenue

    $138,440

    ANCILLARY SERVICES

    Revenue

    $16,065

    Organization Details

    Founding Year

    1995

    Principal Officer

    Melissa Clayton

    Main Address

    1600 BROADWAY SUITE 2000, DENVER, CO, 802025704

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Assisi Homes - Colony Park Inc 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.