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Hancock County Housing Associates

Marion Corner Apartments

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

EIN: 204707908 ✦ Quincy, IL ✦ Designated as a 501(c)(3)

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Overview

What is Hancock County Housing Associates?

Hancock County Housing Associates is a nonprofit organization situated in Carthage, Illinois. Their primary mission is to serve elderly individuals with low income levels by constructing, financing, leasing, owning, and operating an apartment community named Marion Corner Apartments. This initiative aims to provide suitable housing options for this specific demographic.


Official website here: www.none

Is Hancock County Housing Associates legitimate?

Hancock County Housing Associates is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hancock County Housing Associates 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.none

What is the mission statement of Hancock County Housing Associates?

Hancock County Housing Associates is an organization dedicated to serving elderly individuals with very low income levels. Their mission is to construct, finance, lease, own, and operate an apartment community known as Marion Corner Apartments. This initiative aims to provide a living space for this specific demographic, ensuring they have access to suitable housing.


Official website here: www.none

Who is the CEO of Hancock County Housing Associates?

Michael Drew is the President of Hancock County Housing Associates.


Official website here: www.none

What is the revenue of Hancock County Housing Associates?

Hancock County Housing Associates's revenue in 2023 was $107,693.


Official website here: www.none

Who are the executives of Hancock County Housing Associates and what are their salaries?


Here are 5 key members and their salaries:


Michael Drew (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vanessa Keppner (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Dittmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Nightingale (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Niewohner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.none

Where can I find the form 990 for Hancock County Housing Associates?

Hancock County Housing Associates's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.none

Learn more at the official website: www.none

Mission Statement of Hancock County Housing Associates

Hancock County Housing Associates, a nonprofit organization, is committed to constructing, financing, leasing, owning, and operating an apartment community known as Marion Corner Apartments. This endeavor is specifically aimed at providing benefits to elderly individuals with very low income levels. The mission of this organization is to contribute to the housing needs of this vulnerable population, ensuring they have access to safe and affordable living spaces. By managing the Marion Corner Apartments, Hancock County Housing Associates seeks to make a positive impact on the lives of elderly individuals, providing them with a stable living environment that caters to their specific needs.

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Impact




October, 2024

Hancock County Housing Associates significantly enhances the living conditions of elderly individuals in Carthage, Illinois, by providing affordable housing through the Marion Corner Apartments. This initiative focuses on serving elderly persons who face financial challenges, ensuring they have access to safe and supportive living environments. By constructing, financing, leasing, owning, and operating this apartment community, the organization addresses the critical need for low-income housing among vulnerable populations, promoting stability and improving quality of life for its residents. The impact extends beyond mere shelter; it fosters a sense of community and belonging, offering elderly residents a place where they can thrive despite economic hardships.




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


Financials

This financial information is from Propublica.

Revenue
$107,693 (2023)
2011201220132014201520162017201820192020202120222023$0$30,000$60,000$90,000$120k
Expenses
$133,406 (2023)
2011201220132014201520162017201820192020202120222023$0$40,000$80,000$120k$160k
Efficiency
20112012201320142015201620172018201920202021202220230%0.2%0.4%0.6%0.8%1%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,403
  • Program Service Revenue: $105,362
  • Gross Receipts: $107,693

Assets and Liabilities:

  • Total Assets: $812,088
  • Total Liabilities: $6,368
  • Net Assets: $805,720

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Programs

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

TENANT ASSISTANCE PAYM

Revenue

$69,873

TENANT RENT REVENUE

Revenue

$35,489

Organization Details

Founding Year

1997

Principal Officer

Michael Drew

Main Address

639 YORK STREET, QUINCY, IL, 62301

Website

www.none

NTEE Category

Code: L200 - Housing

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