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Orchard Place Nonprofit Housing Corp

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

EIN: 453690894 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Orchard Place Nonprofit Housing Corp?

Orchard Place Nonprofit Housing Corp is a charitable organization based in Chicago, Illinois, specifically at 325 N Wells St 8th Floor, serving the community with an apartment complex in Grand Rapids, Michigan. Their primary mission is to offer safe, clean, and hygienic rental housing for individuals and families with moderate to low incomes. In 2022, they served a total of 143 families. The project is sponsored by Hispanic Housing Development Corporation, which is a recognized nonprofit organization.


Is Orchard Place Nonprofit Housing Corp legitimate?

Orchard Place Nonprofit Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Orchard Place Nonprofit Housing 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: $200,899

For more financial information, click here


What is the mission statement of Orchard Place Nonprofit Housing Corp?
Who is the CEO of Orchard Place Nonprofit Housing Corp?
What is the revenue of Orchard Place Nonprofit Housing Corp?
Who are the executives of Orchard Place Nonprofit Housing Corp and what are their salaries?
Where can I find the form 990 for Orchard Place Nonprofit Housing Corp?

Mission Statement of Orchard Place Nonprofit Housing Corp

Orchard Place Nonprofit Housing Corp is dedicated to providing safe, clean, and hygienic rental housing for individuals and families with low and moderate incomes. The organization's primary mission is to ensure that these tenants have access to decent living spaces, which is a crucial aspect of their overall well-being. In 2022, the corporation served 143 families, demonstrating its commitment to this cause. Orchard Place Nonprofit Housing Corp operates under the sponsorship of Hispanic Housing Development Corporation, an exempt organization, further emphasizing its dedication to providing affordable housing solutions.

Impact

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




Saturday, July 20, 2024

Orchard Place Nonprofit Housing Corp's impact lies in providing safe, decent, and sanitary rental housing for low and moderate-income tenants in Grand Rapids, Michigan. In 2022, the organization served 143 families, ensuring they have a stable and affordable place to call home. Through its mission to offer housing opportunities to those in need, Orchard Place Nonprofit Housing Corp plays a crucial role in addressing the housing challenges faced by vulnerable populations in the community.





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: $340
  • Program Service Revenue: $1,521,063
  • Gross Receipts: $1,531,335

    • Assets and Liabilities:
  • Total Assets: $5,734,405
  • Total Liabilities: $4,763,240
  • Net Assets: $971,165
  • Programs

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

    RENTAL INCOME

    Revenue

    $1,497,270

    LATE FEES

    Revenue

    $20,332

    TENANT REIMBURSEMENT

    Revenue

    $1,767

    FORFEITED SEC. DEPOSIT

    Revenue

    $1,694

    Organization Details

    Founding Year

    2011

    Principal Officer

    Hipolito Roldan

    Main Address

    325 N WELLS ST 8TH FLOOR, CHICAGO, IL, 60654

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Orchard Place Nonprofit Housing Corp 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.