Overview
What is Svdp I Housing Corporation?
Svdp I Housing Corporation is a nonprofit organization situated in West Chicago, Illinois. Their primary focus is managing a 17-unit apartment complex, primarily serving individuals and families with modest to low incomes. By providing affordable housing, they contribute to the community's social fabric and ensure that a diverse group of residents can call this location home.
Is Svdp I Housing Corporation legitimate?
Svdp I Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Svdp I Housing Corporation 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
What is the mission statement of Svdp I Housing Corporation?
Svdp I Housing Corporation's mission is centered around providing housing solutions. Specifically, they focus on managing a 17-unit apartment complex, primarily catering to individuals with modest and low incomes. The corporation's purpose is to ensure this housing facility operates effectively, offering a secure living environment for its residents. Their mission is not limited to property management, but also includes maintaining an inclusive and affordable housing option in the community.
Who is the CEO of Svdp I Housing Corporation?
Charles Hinds is the President of Svdp I Housing Corporation.
What is the revenue of Svdp I Housing Corporation?
Svdp I Housing Corporation's revenue in 2021 was $121,615.
Who are the executives of Svdp I Housing Corporation and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- 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 Svdp I Housing Corporation?
Svdp I Housing Corporation's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Svdp I Housing Corporation
Svdp I Housing Corporation is committed to serving the needs of individuals with limited financial resources. Their primary mission involves the ownership and operation of a 17-unit apartment complex, which is primarily intended for tenants categorized as low and moderate income. This nonprofit organization plays a significant role in providing affordable housing solutions, enabling these individuals to maintain a stable living environment. By offering housing options within their budget, Svdp I Housing Corporation contributes to the overall well-being and security of its tenants, allowing them to focus on other aspects of their lives.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Svdp I Housing Corporation significantly impacts the West Chicago community by providing affordable housing options for low and moderate-income tenants. By owning and operating a 17-unit apartment complex, it addresses critical housing needs in an area where affordable living spaces might be limited. This initiative not only helps residents secure stable and affordable homes but also fosters a sense of community and belonging. Additionally, by ensuring access to housing, Svdp I Housing Corporation contributes to the overall economic stability of the region, allowing individuals and families to focus on personal growth and development without the overwhelming burden of housing costs.
This information is meant to be a general summary of Svdp I Housing Corporation. 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 2021.
- Investment Income: $20
- Program Service Revenue: $118,982
- Gross Receipts: $121,615
Assets and Liabilities:
- Total Assets: $1,651,056
- Total Liabilities: $1,446,646
- Net Assets: $204,410
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$118,036
Laundry Income
Revenue
$946
Organization Details
Founding Year
2002
Principal Officer
Charles Hinds
Main Address
129 West McConnell, West Chicago, IL, 60185
NTEE Category
Code: L20 - Housing
If you are a representative of Svdp I Housing Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.