Chicago Trail Village Inc

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

EIN: 310990629 ✦ New carlisle, IN ✦ Designated as a 501(c)(3)

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Overview

What is Chicago Trail Village Inc?

Chicago Trail Village Inc. is a nonprofit organization situated in New Carlisle, Indiana. It offers retirement housing services to over 100 residents on a 250-acre campus. Affiliated with Hamilton Grove, a Continuing Care Retirement Community (CCRC), Chicago Trail Village's services are integrated into Hamilton's offerings. The organization provides independent living housing, and its residents are eligible for advanced services, such as assisted living and skilled nursing, at Hamilton Grove. Residents pay a subsidized monthly fee for rent, and in 2022, they saved an estimated $250,000 by having this affordable housing service available to them, thereby reducing the need for other public assistance. The mission of Chicago Trail Village is to provide affordable housing, programs, and services for older adults, celebrating their lives and addressing the challenges of aging, aiming to ensure they have opportunities to live life to the fullest.


Official website here: www.greencroft.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)

Chicago Trail Village Inc has received an 81% rating from Charity Navigator, reflecting a solid Three-Star rating based primarily on its accountability and financial practices. This score indicates a commendable level of transparency and governance within the organization, essential for fostering donor trust.

The organization's strengths lie in its fully independent board, achieving a perfect score in that area. Additionally, Chicago Trail Village Inc has demonstrated robust financial oversight, with no material diversion of assets and a high program expense ratio of 74.70%, suggesting that a significant portion of its expenditures directly support its mission. All relevant policies, including conflict of interest and whistleblower protections, are well-documented.

While the overall rating is positive, there may still be areas for improvement as the organization continues to grow and adapt. Future evaluations could focus on expanding its outreach and program impacts to further enhance its score and community presence.


This AI summary has been generated from information found on Charity Navigator.

Is Chicago Trail Village Inc legitimate?

Chicago Trail Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago Trail Village Inc 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: $182,421

For more financial information, click here


Official website here: www.greencroft.org

What is the mission statement of Chicago Trail Village Inc?

Chicago Trail Village Inc's mission is centered around providing affordable housing, programs, and services for older adults. They aim to celebrate the lives of seniors and address the challenges of aging. The organization works closely with them to ensure they have opportunities to live life to the fullest, striving to make their golden years as fulfilling as possible. Chicago Trail Village Inc offers a range of housing services, including independent living, and residents are eligible for advanced services when needed. By providing affordable housing, the organization estimates that seniors saved around $250,000 in FY 2022, allowing them to avoid relying on public assistance.


Official website here: www.greencroft.org

Who is the CEO of Chicago Trail Village Inc?

Carlos Romero is the President of Chicago Trail Village Inc.


Official website here: www.greencroft.org

What is the revenue of Chicago Trail Village Inc?

Chicago Trail Village Inc's revenue in 2022 was $932,258.


Official website here: www.greencroft.org

Who are the executives of Chicago Trail Village Inc and what are their salaries?

There 22 volunteers at Chicago Trail Village Inc.


Here are 15 key members and their salaries:


David Millar (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kalvin Morrison (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Askland (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mindi Colanese (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Holifield (Board Member (Part Year))
  • Compensation: $0
  • Related: $0
  • Other: $0
Evelyn Kirkwood (Board Member (Part Year))
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Robinson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Swope (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vickie Van Nevel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dorothy White (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos Romero (President)
  • Compensation: $0
  • Related: $118,427
  • Other: $18,880
Scott Martin (Treasurer)
  • Compensation: $0
  • Related: $163,008
  • Other: $49,067
Dale Shenk (Assistant Treasurer)
  • Compensation: $0
  • Related: $52,040
  • Other: $0
Rydell Bontrager (Secretary)
  • Compensation: $0
  • Related: $139,986
  • Other: $52,222
Aimee Riemke (Assistant Secretary)
  • Compensation: $0
  • Related: $127,272
  • Other: $53,455


Official website here: www.greencroft.org

Where can I find the form 990 for Chicago Trail Village Inc?

Chicago Trail Village Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.greencroft.org

Learn more at the official website: www.greencroft.org

Mission Statement of Chicago Trail Village Inc

Chicago Trail Village, a non-profit organization, is committed to providing affordable HUD housing, programs, and services for older adults. Their mission is to celebrate the lives of seniors and address the challenges of aging. They strive to ensure that older adults have opportunities to live life to the fullest, offering them a supportive environment where they can thrive. Chicago Trail Village works closely with its residents, helping them navigate the complexities of aging and providing them with the resources they need to lead fulfilling lives. By offering affordable housing services, Chicago Trail Village enables its residents to save significant sums of money, as demonstrated by the estimated $250,000 in savings achieved in FYE June 30, 2022. By providing a nurturing and affordable living environment, Chicago Trail Village empowers its older adult residents to live their best lives, fostering a sense of community and well-being.

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Impact




October, 2024

Chicago Trail Village Inc significantly impacts the lives of older adults by providing affordable housing and essential services, enabling residents to thrive in their later years. Located on a sprawling 250-acre campus, the facility serves over 100 individuals by offering independent living options that are designed to meet the unique needs of seniors.

By facilitating access to affordable housing, Chicago Trail Village has contributed to substantial economic savings for its residents, with an estimated $250,000 saved in the fiscal year ending June 30, 2022. This financial relief helps residents avoid reliance on public assistance, promoting their independence and dignity. Furthermore, the integration of services with Hamilton Grove allows for a seamless transition to advanced care, including assisted living and skilled nursing, should residents require it.

The mission of Chicago Trail Village focuses on celebrating the lives of seniors and addressing the challenges they face as they age. By providing comprehensive programs and services, the organization empowers older adults, fostering opportunities for them to live fulfilling lives in a supportive community. Overall, Chicago Trail Village Inc plays a vital role in enhancing the quality of life for seniors, ensuring they have the resources and support needed to navigate their golden years with resilience and joy.




This information is meant to be a general summary of Chicago Trail Village Inc. 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
$932,258 (2022)
Expenses
$790,632 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$1,193
  • Program Service Revenue: $932,701
  • Gross Receipts: $933,648

Assets and Liabilities:

  • Total Assets: $1,524,714
  • Total Liabilities: $2,953,208
  • Net Assets: -$1,428,494

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Programs

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

NET RESIDENT REVENUE

Revenue

$932,701

Organization Details

Founding Year

1981

Principal Officer

Carlos Romero

Main Address

31891 CHICAGO TRAIL, NEW CARLISLE, IN, 46552

NTEE Category

Code: L22 - Housing

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