Overview
What is Kingston Properties I Nfp?
Kingston Properties I Nfp is a charitable organization, established with the primary objective of preserving affordable housing at risk of being eliminated. Based in Champaign, Illinois, it operates with a mission to acquire, rehabilitate, and maintain affordable housing for low to moderate-income families. Its activities extend beyond just housing, as it also coordinates supportive community services and coordinates service coordinator placement to cater to the physical, social, and psychological needs of these families, promoting their overall well-being and happiness. The organization fulfills its mission by making distributions to qualifying exempt organizations under Section 501(C)(3) of the Internal Revenue Code of 1986.
Is Kingston Properties I Nfp legitimate?
Kingston Properties I Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kingston Properties I Nfp 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
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What is the mission statement of Kingston Properties I Nfp?
Kingston Properties I Nfp, a charitable organization, is dedicated to serving low-income families. Its primary mission is to acquire, rehabilitate, and maintain affordable housing for households with moderate income levels. The organization also strives to preserve existing affordable housing at risk of conversion or deterioration. In addition, Kingston Properties I Nfp makes grants and distributions to eligible organizations under Section 501(c)(3) of the Internal Revenue Code of 1986, contributing to their charitable purposes. The organization further supports its residents by coordinating community services and placing service coordinators as necessary, aiming to provide residential facilities and services tailored to meet the physical, social, and psychological needs of low-income families, promoting their health, security, and overall well-being.
Who is the CEO of Kingston Properties I Nfp?
Yaakov Litvin is the President/Treasurer of Kingston Properties I Nfp.
What is the revenue of Kingston Properties I Nfp?
Kingston Properties I Nfp's revenue in 2022 was $8,250.
Who are the executives of Kingston Properties I Nfp and what are their salaries?
There 3 volunteers at Kingston Properties I Nfp.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Kingston Properties I Nfp?
Kingston Properties I Nfp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kingston Properties I Nfp
Kingston Properties I NFP, a charitable organization, is dedicated to serving low-income families by acquiring, rehabilitating, and maintaining affordable housing units. The primary mission of this nonprofit is to provide affordable residential facilities that cater to the physical, social, and psychological needs of these families. Kingston Properties I NFP strives to preserve affordable housing units that are at risk of being eliminated from the national affordable housing inventory due to conversion to market rates or physical deterioration. Additionally, the organization makes grants and distributions to eligible organizations under Section 501(c)(3) of the Internal Revenue Code of 1986, further supporting its humanitarian mission. In essence, Kingston Properties I NFP is committed to creating and preserving affordable housing opportunities and providing necessary support services for low-income families, aiming to promote their overall well-being and happiness.
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Impact
August, 2024
Kingston Properties I Nfp's impact is focused on preserving affordable housing for low to moderate-income households. By acquiring, rehabilitating, and maintaining affordable housing, the organization plays a crucial role in preventing the elimination of affordable housing units from the national inventory. In addition to its housing-related activities, Kingston Properties I Nfp also provides grants and distributions to support organizations that qualify as exempt nonprofits under Section 501(c)(3) of the Internal Revenue Code of 1986. Through its efforts, Kingston Properties I Nfp strives to promote the health, security, and happiness of low-income families by providing specially designed residential facilities and services tailored to their needs.
This information is meant to be a general summary of Kingston Properties I Nfp. 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.
- Program Service Revenue: $8,250
- Gross Receipts: $8,250
Assets and Liabilities:
- Total Assets: $766,352
- Total Liabilities: $0
- Net Assets: $766,352
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Organization Details
Founding Year
2007
Phone
(262) 227-4818Principal Officer
Yaakov Litvin
Main Address
509 SOUTH FOURTH STREET, CHAMPAIGN, IL, 61820
NTEE Category
Code: L22 - Housing
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