Overview
What is Haven Towers Development Corporation?
Haven Towers Development Corporation is a nonprofit organization that specializes in providing affordable housing for the elderly. Located within their jurisdiction, they operate an apartment complex that adheres to section 202 of the National Housing Act, ensuring low income eligibility. This commitment to affordable living enables elderly individuals to maintain a comfortable residence, contributing positively to their wellbeing.
Is Haven Towers Development Corporation legitimate?
Haven Towers Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Haven Towers Development Corporation 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: $266,094
For more financial information, click here
What is the mission statement of Haven Towers Development Corporation?
Haven Towers Development Corporation is dedicated to providing affordable housing for the elderly, adhering to the guidelines set by Section 202 of the National Housing Act. The corporation operates an apartment complex that caters to individuals with limited income, offering them a place to live with dignity and comfort. By fulfilling this mission, Haven Towers Development Corporation contributes to the well-being of its elderly residents, ensuring they have a secure and affordable living environment. The corporation's primary goal is to promote independence and quality of life for its residents, providing them with a supportive and inclusive community.
Who is the CEO of Haven Towers Development Corporation?
Arlisha Kennedy is the President of Haven Towers Development Corporation.
What is the revenue of Haven Towers Development Corporation?
Haven Towers Development Corporation's revenue in 2023 was $1,137,347.
Who are the executives of Haven Towers Development Corporation and what are their salaries?
- Arlisha Kennedy (President) [Trustee/Director]
- Dr Derrius Colvin (Director)
- Ann Williams (Secretary) [Trustee/Director]
Where can I find the form 990 for Haven Towers Development Corporation?
The Haven Towers Development Corporation’s most recent form 990 was submitted in 2023 and can be accessed here
Mission Statement of Haven Towers Development Corporation
Haven Towers Development Corporation is a dedicated organization that focuses on providing low-income housing for the elderly. In line with its mission, the corporation operates an apartment complex in compliance with Section 202 of the National Housing Act. This act serves as a guiding principle, ensuring that Haven Towers Development Corporation offers housing solutions that cater to individuals who may be financially disadvantaged in their older years. By providing such accommodations, the corporation plays a vital role in supporting the elderly community, enabling them to maintain a dignified living standard despite their limited financial resources.
Impact
This information is meant to be a general summary of Haven Towers Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Haven Towers Development Corporation's impact is significant in providing low-income housing for the elderly in Chicago. Their operation of an apartment complex aligns with the national housing act and helps address the housing needs of seniors with limited financial resources. This organization plays a crucial role in improving the quality of life for elderly individuals by offering affordable and safe housing options.
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 RENT & CHARGES
Revenue
$333,040
Organization Details
Founding Year
2003
Phone
(312) 234-9400
Principal Officer
Arlisha Kennedy
Main Address
566 WEST LAKE STREET, CHICAGO, IL, 60661
NTEE Category
Code: L99 - Housing
If you are a representative of Haven Towers Development Corporation 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.