Overview
What is Depue Housing Authority?
Depue Housing Authority is a nonprofit organization situated in Depue, Illinois, that is committed to serving the housing needs of low-income elderly residents in rural areas. As a federally assisted and regulated entity, it offers affordable rental units within its 12-unit complex. The organization's rental program is designed to accommodate tenants with limited income, as the rent is calculated as a proportion of their total earnings, adhering to federal guidelines. This initiative aims to make housing more accessible and affordable for those in need, thereby contributing positively to the community.
Is Depue Housing Authority legitimate?
Depue Housing Authority is a legitimate nonprofit organization registered as a 501(c)(4) entity. Depue Housing Authority submitted a form 990EZ, 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.
What is the mission statement of Depue Housing Authority?
Depue Housing Authority serves as a federally regulated and assisted affordable housing complex, primarily catering to low-income elderly individuals. Its mission is to provide these tenants with reasonably priced rental units, setting rent payments based on their total income, in compliance with federal guidelines. By doing so, the organization has successfully constructed a 12-unit apartment complex in Depue, Illinois, ensuring that eligible residents can secure affordable housing. The Depue Housing Authority's primary objective is to assist these tenants in maintaining a stable living situation.
Who is the CEO of Depue Housing Authority?
Ronald T Dobrich is the President of Depue Housing Authority.
What is the revenue of Depue Housing Authority?
Depue Housing Authority's revenue in 2022 was $79,335.
Who are the executives of Depue Housing Authority and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990EZ for Depue Housing Authority?
Depue Housing Authority's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Depue Housing Authority
Depue Housing Authority, as a federally assisted and regulated organization, is dedicated to providing affordable housing solutions for low-income elderly residents in rural Illinois. The mission of this nonprofit entity is twofold. Firstly, it offers low-cost rental units to eligible tenants, ensuring that their housing expenses are a manageable percentage of their total income, adhering to federal guidelines. Secondly, Depue Housing Authority serves as a provider of affordable housing, ensuring that elderly individuals in need have a place to call home. By offering these services, Depue Housing Authority plays a significant role in supporting the community's elderly population and contributing to their overall well-being.
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Impact
October, 2024
The Depue Housing Authority significantly impacts the community by providing essential low-cost rental units specifically designed for low-income elderly tenants in rural Illinois. By maintaining a 12-unit apartment complex, it addresses the critical need for affordable housing in a region where such options may be limited.
With rent payments proportionate to the tenants' total income and compliant with federal guidelines, the authority ensures that housing remains accessible without imposing an undue financial burden on residents. This approach not only enhances the quality of life for elderly individuals and couples but also fosters community stability and independence. As a result, the Depue Housing Authority plays a vital role in reducing homelessness and housing insecurity among vulnerable populations in Depue, Illinois.
This information is meant to be a general summary of Depue Housing Authority. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $18
- Program Service Revenue: $52,911
- Gross Receipts: $79,335
Assets and Liabilities:
- Total Assets: $47,611
- Total Liabilities: $4,190
- Net Assets: $43,421
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Organization Details
Phone
(608) 822-7368Principal Officer
Ronald T Dobrich
Main Address
PO BOX 61, DEPUE, IL, 61322
NTEE Category
Code: L21 - Housing
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