Overview
What is Gideon Court Resident Council?
Gideon Court Resident Council is a nonprofit organization based in Chicago, Illinois, specifically at 5618 N Milwaukee Avenue, that manages and operates Gideon Court Apartments, a 150-unit housing development in Dekalb, Illinois. The organization provides affordable housing for low and moderate-income individuals, operating under the guidance of the U.S. Department of Housing and Urban Development (HUD). The council's mission is to ensure the effective and efficient management of the project, with all expenses related to its operation being considered program expenses. The council's primary focus is on the welfare of its residents and the successful operation of Gideon Court Apartments.
Is Gideon Court Resident Council legitimate?
Gideon Court Resident Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gideon Court Resident 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: $335,840
For more financial information, click here
What is the mission statement of Gideon Court Resident Council?
The Gideon Court Resident Council's mission is centered around providing affordable housing for individuals with low to moderate income. They achieve this by managing and operating Gideon Court Apartments, a 150-unit housing project, with financial assistance from HUD programs. Their operations are regulated by HUD, ensuring that the complex serves this specific income group effectively. All expenditures made by the council are directly related to the operation of the project, classifying them as program expenses.
Who is the CEO of Gideon Court Resident Council?
Christine Mclaughlin is the President of Gideon Court Resident Council.
What is the revenue of Gideon Court Resident Council?
Gideon Court Resident Council's revenue in 2023 was $2,284,950.
Who are the executives of Gideon Court Resident Council and what are their salaries?
- Christine Mclaughlin (President) [Trustee/Director]
- Nada Hamad (Director)
- June Clayton (Director)
- Yolanda Richardson (Director)
- Doris Chelikas (Treasurer) [Trustee/Director]
- Vanstrom Dracul (Secretary) [Trustee/Director]
- Na-All Mgmt Co Emps ()
Where can I find the form 990 for Gideon Court Resident Council?
The Gideon Court Resident Council’s most recent form 990 was submitted in 2023 and can be accessed here
Mission Statement of Gideon Court Resident Council
Gideon Court Resident Council is committed to providing affordable housing for individuals with low to moderate incomes. They accomplish this mission by operating Gideon Court Apartments, a 150-unit housing project that receives financial assistance under HUD programs. The organization operates and regulates this development with the goal of making housing accessible for those in need, ensuring that all expenditures related to the project are considered program expenses. In essence, Gideon Court Resident Council strives to make a significant impact in the lives of those who require affordable housing, contributing to their well-being and overall quality of life.
Impact
This information is meant to be a general summary of Gideon Court Resident Council. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Gideon Court Resident Council's impact is significant in providing affordable housing for low to moderate-income individuals in DeKalb, Illinois. Through the operation of Gideon Court Apartments, a 150-unit HUD assisted project, the organization offers a crucial resource for individuals in need of affordable housing options. By managing the complex under HUD regulations and ensuring that all expenses are directed towards the operation and maintenance of the project, the Resident Council plays a vital role in addressing the housing needs of the community. The organization's focus on providing affordable housing aligns with its mission to support individuals with limited financial resources, ultimately contributing to the overall well-being and stability of the residents it serves.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PAYMENT
Revenue
$1,763,043
TENANT RENTAL INCOME
Revenue
$484,647
VENDING AND RESIDENT FEES
Revenue
$16,738
Organization Details
Founding Year
1994
Phone
(773) 286-5400
Principal Officer
Christine Mclaughlin
Main Address
C/O LMCI 5618 N MILWAUKEE AVENUE, CHICAGO, IL, 60646
NTEE Category
Code: L20Z - Housing
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