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Touchette Elderly Apartments I Inc

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

EIN: 311778457 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Touchette Elderly Apartments I Inc?

Touchette Elderly Apartments I Inc is a nonprofit organization situated in Chicago, Illinois. Their primary focus is on offering affordable housing to senior citizens, ensuring they can live in a comfortable and secure environment. This is achieved through their retirement communities and senior affordable housing programs. The organization's mission is to cater to the housing needs of the elderly population, providing them with a sense of security and peace of mind.


Is Touchette Elderly Apartments I Inc legitimate?

Touchette Elderly Apartments I Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Touchette Elderly Apartments I 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $166,917

For more financial information, click here


What is the mission statement of Touchette Elderly Apartments I Inc?
Who is the CEO of Touchette Elderly Apartments I Inc?
What is the revenue of Touchette Elderly Apartments I Inc?
Who are the executives of Touchette Elderly Apartments I Inc and what are their salaries?
Where can I find the form 990 for Touchette Elderly Apartments I Inc?

Mission Statement of Touchette Elderly Apartments I Inc

Touchette Elderly Apartments I Inc is committed to providing senior citizens with affordable housing. This nonprofit organization fulfills its mission by offering retirement communities and senior affordable housing programs. By doing so, Touchette Elderly Apartments aims to create a comfortable and secure living environment for the elderly, ensuring they can age with dignity and independence. The organization's mission is centered around the belief that every senior deserves a place to call home, regardless of their financial situation. Touchette Elderly Apartments I Inc strives to make a positive impact in the lives of its residents by providing them with an affordable and supportive living arrangement.

Impact

This information is meant to be a general summary of Touchette Elderly Apartments I Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Touchette Elderly Apartments I Inc's impact is providing seniors with affordable housing in Chicago, IL. By offering retirement communities and senior affordable housing programs, they ensure that senior citizens have access to a comfortable and secure living environment. This enables older adults to maintain their independence and quality of life without the burden of high housing costs.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $508
  • Program Service Revenue: $959,985
  • Gross Receipts: $963,452

    • Assets and Liabilities:
  • Total Assets: $3,437,225
  • Total Liabilities: $5,942,311
  • Net Assets: -$2,505,086
  • Programs

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

    RENTAL INCOME

    Revenue

    $959,985

    Organization Details

    Founding Year

    2003

    Principal Officer

    Richard Gonzalez

    Main Address

    8 SOUTH MICHIGAN AVENUE SUITE 3100, CHICAGO, IL, 60603

    NTEE Category

    Code: P75 - Human services

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