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Mulford Square Preservation Corp

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

EIN: 364082001 ✦ Elgin, IL ✦ Designated as a 501(c)(3)

Overview

What is Mulford Square Preservation Corp?

Mulford Square Preservation Corp is a nonprofit organization situated in Elgin, Illinois, with an address at 350 Park Street. Their primary focus is on the development and operation of affordable housing projects, catering to low-income individuals and families. Beyond just providing housing, their mission extends to supporting education within these communities. By developing and managing affordable housing, they aim to contribute positively to the lives of those in need, ensuring that education remains a priority.


Is Mulford Square Preservation Corp legitimate?

Mulford Square Preservation Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mulford Square Preservation Corp 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: $57,489

For more financial information, click here


What is the mission statement of Mulford Square Preservation Corp?
Who is the CEO of Mulford Square Preservation Corp?
What is the revenue of Mulford Square Preservation Corp?
Who are the executives of Mulford Square Preservation Corp and what are their salaries?
Where can I find the form 990 for Mulford Square Preservation Corp?

Mission Statement of Mulford Square Preservation Corp

Mulford Square Preservation Corp is dedicated to two primary objectives. Firstly, it focuses on the development and operation of affordable housing for individuals and families with low income. This mission aims to provide a secure and affordable living space for those who may otherwise struggle to find such accommodations.

Secondly, Mulford Square Preservation Corp extends its support to education. While the details of this aspect are not explicitly stated in the provided information, it can be inferred that the organization likely seeks to contribute to the education sector in some way, possibly by creating facilities or providing resources for learning within the affordable housing communities they manage. By combining housing development and education support, Mulford Square Preservation Corp aims to contribute to the overall well-being and opportunities for growth of low-income individuals and families.

Impact

This information is meant to be a general summary of Mulford Square Preservation Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Mulford Square Preservation Corp's impact can be seen in the development and operation of affordable housing for low-income individuals and families. By providing access to safe and affordable housing options, this organization plays a critical role in addressing housing insecurity and improving the quality of life for those in need. Additionally, by supporting education initiatives, Mulford Square Preservation Corp is helping empower individuals and families to achieve stability and self-sufficiency. Overall, their work contributes to the wellbeing and economic security of the community they serve in Elgin, IL.





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: $181
  • Program Service Revenue: $1,058,771
  • Gross Receipts: $1,058,952

    • Assets and Liabilities:
  • Total Assets: $4,858,177
  • Total Liabilities: $3,265,148
  • Net Assets: $1,593,029
  • Programs

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

    GROSS RENTS PROJECT

    Revenue

    $1,058,771

    Organization Details

    Founding Year

    1996

    Principal Officer

    Alan Scimeca

    Main Address

    350 PARK STREET, ELGIN, IL, 60120

    NTEE Category

    Code: L200 - Housing

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