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Kenmore Plaza Tenants Association

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

EIN: 364084071 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Kenmore Plaza Tenants Association?

The Kenmore Plaza Tenants Association is a nonprofit organization based in Chicago, Illinois. They are primarily responsible for managing a 324-unit apartment complex, which was acquired with a HUD grant under the Low-Income Housing Preservation and Homeownership Act of 1990. Their mission is to provide affordable housing to low and moderate-income elderly residents. During the reporting period, they successfully operated the property to benefit this demographic. Their operations are headquartered at C/O MGMT OFFICE 5225 N KENMORE, Chicago, IL 60640.


Is Kenmore Plaza Tenants Association legitimate?

Kenmore Plaza Tenants Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kenmore Plaza Tenants Association 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: $477,642

For more financial information, click here


What is the mission statement of Kenmore Plaza Tenants Association?
Who is the CEO of Kenmore Plaza Tenants Association?
What is the revenue of Kenmore Plaza Tenants Association?
Who are the executives of Kenmore Plaza Tenants Association and what are their salaries?
Where can I find the form 990 for Kenmore Plaza Tenants Association?

Mission Statement of Kenmore Plaza Tenants Association

The Kenmore Plaza Tenants Association, as its name suggests, is dedicated to providing affordable housing to low and moderate-income elderly residents. In fulfilling this mission, the association assumes the responsibility of managing a 324-unit apartment complex, which it acquired with the assistance of a HUD grant under the Low-Income Housing Preservation and Homeownership Act of 1990. During the reporting period, the association operated the property with the primary aim of catering to the housing needs of individuals falling within the specified income brackets.

Impact

This information is meant to be a general summary of Kenmore Plaza Tenants Association. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Kenmore Plaza Tenants Association's impact lies in providing affordable housing to low and moderate-income elderly residents in Chicago, Illinois. Through the administration and maintenance of a 324-unit apartment complex acquired with a HUD grant under the Low-Income Housing Preservation and Homeownership Act of 1990, the association operates the property for the benefit of individuals in need. Their mission to offer housing options to seniors facing financial challenges contributes positively to the community by ensuring that vulnerable populations have a safe and stable place to live.





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: $979
  • Program Service Revenue: $4,680,343
  • Gross Receipts: $4,860,555

    • Assets and Liabilities:
  • Total Assets: $24,341,643
  • Total Liabilities: $22,143,873
  • Net Assets: $2,197,770
  • Programs

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

    RENTAL INCOME

    Revenue

    $4,641,251

    TELEPHONE/CABLE COMMISION

    Revenue

    $414

    TENANT CHARGES

    Revenue

    $38,678

    Organization Details

    Founding Year

    1996

    Principal Officer

    Anne Sullivan

    Main Address

    C/O MGMT OFFICE 5225 N KENMORE, CHICAGO, IL, 60640

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Kenmore Plaza Tenants Association 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.