Affordable Housing Preservation Foundation Iii Chapter

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

EIN: 841173586 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Affordable Housing Preservation Foundation Iii Chapter?

The Affordable Housing Preservation Foundation III Chapter is a nonprofit organization situated in Chicago, Illinois. Its primary objective is to sponsor and support, on a charitable basis, the acquisition, development, construction, and operation of housing facilities and services for individuals in need, including the homeless, elderly, handicapped, and those with low or moderate income. The foundation's mission encompasses providing essential living spaces for these vulnerable groups, thereby contributing to their overall well-being and quality of life.


Is Affordable Housing Preservation Foundation Iii Chapter legitimate?

Affordable Housing Preservation Foundation Iii Chapter is a legitimate nonprofit organization registered as a 501(c)(3) entity. Affordable Housing Preservation Foundation Iii Chapter 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: $199,071

For more financial information, click here


What is the mission statement of Affordable Housing Preservation Foundation Iii Chapter?
Who is the CEO of Affordable Housing Preservation Foundation Iii Chapter?
What is the revenue of Affordable Housing Preservation Foundation Iii Chapter?
Who are the executives of Affordable Housing Preservation Foundation Iii Chapter and what are their salaries?
Where can I find the form 990 for Affordable Housing Preservation Foundation Iii Chapter?

Mission Statement of Affordable Housing Preservation Foundation Iii Chapter

The Affordable Housing Preservation Foundation III Chapter is dedicated to a charitable cause, focusing on the purchase, development, construction, and operation of housing facilities and services for individuals who fall under various categories of need. This nonprofit organization aims to provide shelter and assistance to the homeless, elderly, handicapped, and those of low and moderate income. The purpose of the foundation is to enhance the living conditions of these vulnerable populations, offering them a chance at a secure and comfortable living environment. By sponsoring these initiatives, the Affordable Housing Preservation Foundation III Chapter plays a significant role in improving the lives of those in need, thereby contributing to a more inclusive and equitable society.

Impact

This information is meant to be a general summary of Affordable Housing Preservation Foundation Iii Chapter. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Affordable Housing Preservation Foundation III Chapter's impact is substantial in providing housing facilities and services for the homeless, elderly, handicapped, and individuals of low and moderate income in Chicago, IL. Their work directly addresses the pressing need for affordable housing in the community, ensuring that vulnerable populations have access to safe and stable living arrangements. By sponsoring the purchase, development, construction, and operation of these housing facilities, the foundation is making a tangible difference in improving the quality of life 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 2023.

  • Investment Income: $22,428
  • Program Service Revenue: $1,485,822
  • Gross Receipts: $1,513,292

    • Assets and Liabilities:
  • Total Assets: $4,404,610
  • Total Liabilities: $4,641,072
  • Net Assets: -$236,462
  • Programs

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

    RENTAL REVENUE

    Revenue

    $1,485,822

    Organization Details

    Principal Officer

    Clifford Rome

    Main Address

    2850 S MICHIGAN, CHICAGO, IL, 60616

    NTEE Category

    Code: L21 - Housing

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