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Walden Oaks Apartments Preservation

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

EIN: 680594528 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Walden Oaks Apartments Preservation?

Walden Oaks Apartments Preservation is a nonprofit organization situated in Chicago, Illinois, specifically at 325 N Wells 8th Floor, 60654. Their primary mission is to offer safe, clean, and sanitary rental housing to individuals and families with moderate to low incomes. In 2022, they served 203 families within their Woodstock, IL, apartment complex. The sponsor of this project is Hispanic Housing Development Corporation, a recognized exempt organization.


Is Walden Oaks Apartments Preservation legitimate?

Walden Oaks Apartments Preservation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Walden Oaks Apartments Preservation 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: $220,316

For more financial information, click here


What is the mission statement of Walden Oaks Apartments Preservation?
Who is the CEO of Walden Oaks Apartments Preservation?
What is the revenue of Walden Oaks Apartments Preservation?
Who are the executives of Walden Oaks Apartments Preservation and what are their salaries?
Where can I find the form 990 for Walden Oaks Apartments Preservation?

Mission Statement of Walden Oaks Apartments Preservation

Walden Oaks Apartments Preservation is committed to providing safe, decent, and sanitary rental housing for individuals and families who fall under the category of low and moderate income tenants. The organization's mission is centered around ensuring that these individuals have access to suitable living conditions, promoting a sense of security and comfort within their homes. In the year 2022, 203 families benefited from the services provided by Walden Oaks Apartments Preservation, underscoring the organization's impact and dedication to its cause. The sponsor of this project is Hispanic Housing Development Corporation, a nonprofit organization that shares a similar vision of providing affordable housing solutions for underprivileged communities.

Impact

This information is meant to be a general summary of Walden Oaks Apartments Preservation. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Walden Oaks Apartments Preservation provides crucial support and resources to low and moderate-income tenants in Woodstock, IL, through its operation of an apartment complex. By offering safe, decent, and sanitary rental housing, the organization positively impacts the lives of approximately 203 families each year. This assistance helps to address the housing needs of vulnerable communities and contributes to creating a more stable and secure living environment for those in need.





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: $497
  • Program Service Revenue: $2,108,284
  • Gross Receipts: $2,189,490

    • Assets and Liabilities:
  • Total Assets: $7,825,896
  • Total Liabilities: $7,904,001
  • Net Assets: -$78,105
  • Programs

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

    RENTAL INCOME

    Revenue

    $2,094,982

    LAUNDRY INCOME

    Revenue

    $9,887

    TENANT CHARGES

    Revenue

    $3,415

    Organization Details

    Founding Year

    2004

    Principal Officer

    Hipolito Roldan

    Main Address

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

    NTEE Category

    Code: L20 - Housing

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