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Cambridge Manor Tenant Council

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

EIN: 364083056 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Cambridge Manor Tenant Council?

Cambridge Manor Tenant Council is a housing nonprofit situated in Chicago, Illinois, managing a 312-unit apartment complex. It receives financial support through a HUD grant under the Low-Income Housing Preservation and Homeownership Act of 1990. The Council's primary purpose is to offer affordable housing options for individuals with lower to moderate incomes, aligning with its mission to serve and uplift this community segment.


Is Cambridge Manor Tenant Council legitimate?

Cambridge Manor Tenant Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cambridge Manor Tenant Council 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: $759,219

For more financial information, click here


What is the mission statement of Cambridge Manor Tenant Council?
Who is the CEO of Cambridge Manor Tenant Council?
What is the revenue of Cambridge Manor Tenant Council?
Who are the executives of Cambridge Manor Tenant Council and what are their salaries?
Where can I find the form 990 for Cambridge Manor Tenant Council?

Mission Statement of Cambridge Manor Tenant Council

The Cambridge Manor Tenant Council is a dedicated housing organization that strives to provide affordable living spaces for individuals with low to moderate incomes. Funded by a grant under the Low-Income Housing Preservation and Homeownership Act of 1990, this nonprofit operates a 312-unit apartment complex. At its core, the mission of the Cambridge Manor Tenant Council is to ensure that these residences remain accessible and economically feasible for the community they serve.

Impact

This information is meant to be a general summary of Cambridge Manor Tenant Council. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Cambridge Manor Tenant Council's impact is significant in providing affordable housing for low to moderate income residents in Chicago, IL. By operating a 312-unit apartment complex funded with a HUD grant under the Low-Income Housing Preservation and Homeownership Act of 1990, the Tenant Council plays a vital role in addressing the housing needs of individuals and families in the community. Their mission to ensure affordable housing options contribute to the overall well-being and stability of the residents they serve.





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: $865
  • Program Service Revenue: $4,092,832
  • Gross Receipts: $4,239,382

    • Assets and Liabilities:
  • Total Assets: $10,990,603
  • Total Liabilities: $9,604,704
  • Net Assets: $1,385,899
  • Programs

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

    LAUNDRY AND VENDING

    Revenue

    $24,281

    TENANT CHARGES

    Revenue

    $41,349

    UNIT RENTALS

    Revenue

    $4,027,202

    Organization Details

    Founding Year

    1996

    Principal Officer

    Carla M Gross

    Main Address

    c/o MGMT OFFICE 2631 S INDIANA, CHICAGO, IL, 60616

    NTEE Category

    Code: L200 - Housing

    If you are a representative of Cambridge Manor Tenant Council 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.