Mhdc Clintonville Inc

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

EIN: 472629213 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Mhdc Clintonville Inc?

Mhdc Clintonville Inc is a nonprofit organization situated in Chicago, Illinois, dedicated to supplying affordable housing accommodations for individuals with modest and low incomes. By employing strategies such as development, syndication, and management, Mhdc Clintonville Inc aims to make housing readily available for this demographic segment, thereby contributing to the community's social fabric.


Is Mhdc Clintonville Inc legitimate?

Mhdc Clintonville Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mhdc Clintonville Inc 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: $702,255

For more financial information, click here


What is the mission statement of Mhdc Clintonville Inc?
Who is the CEO of Mhdc Clintonville Inc?
What is the revenue of Mhdc Clintonville Inc?
Who are the executives of Mhdc Clintonville Inc and what are their salaries?
Where can I find the form 990 for Mhdc Clintonville Inc?

Mission Statement of Mhdc Clintonville Inc

Mhdc Clintonville Inc, as a mission-driven organization, is committed to providing affordable housing facilities for individuals with low and moderate income levels. By leveraging strategies such as development, syndication, and management, this nonprofit works tirelessly to make housing an attainable resource for those who may otherwise struggle to secure it. In essence, Mhdc Clintonville Inc serves as a crucial beacon of hope for those seeking stable housing, enabling them to focus on other aspects of their lives with peace of mind.

Impact

This information is meant to be a general summary of Mhdc Clintonville Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Mhdc Clintonville Inc's impact lies in providing essential housing facilities for low and moderate-income individuals in Chicago, IL. Through their development, syndication, and management efforts, they contribute significantly to addressing the housing needs of the community. Their focus on providing affordable housing helps improve the quality of life for individuals and families in need, ultimately contributing to community improvement in Chicago.





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: $478
  • Program Service Revenue: $2,098,339
  • Gross Receipts: $2,098,817

    • Assets and Liabilities:
  • Total Assets: $5,136,474
  • Total Liabilities: $4,897,519
  • Net Assets: $238,955
  • Programs

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

    RENTAL INCOME

    Revenue

    $2,098,339

    Organization Details

    Founding Year

    2014

    Principal Officer

    Gilbert Torres

    Main Address

    8 S MICHIGAN AVE STE 3100, CHICAGO, IL, 60603

    NTEE Category

    Code: S21Z - Community improvement

    If you are a representative of Mhdc Clintonville Inc 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.