Overview
What is Kirkland Development Association Inc?
The Kirkland Development Association Inc is a nonprofit organization situated in Kirkland, Illinois, with a mission to provide affordable housing for low-income seniors and families. They accomplish this through the operation of a 12-unit apartment building, ensuring that all rental and operational costs are covered for exempt purposes. The US Department of Agriculture oversees this apartment project, ensuring compliance with regulations. The association's primary goal is to contribute to the local community by offering affordable living options for those in need.
Is Kirkland Development Association Inc legitimate?
Kirkland Development Association Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Kirkland Development Association Inc 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 Kirkland Development Association Inc?
The Kirkland Development Association's mission is centered around providing affordable housing solutions. They specifically focus on serving low-income seniors and families, providing them with a 12-unit apartment complex. Their operations and rental expenses are fully covered, ensuring the project serves its exempt purpose. The apartment project is overseen by the US Department of Agriculture for regulation.
Who is the CEO of Kirkland Development Association Inc?
Ryan Block is the President of Kirkland Development Association Inc.
What is the revenue of Kirkland Development Association Inc?
Kirkland Development Association Inc's revenue in 2022 was $65,795.
Who are the executives of Kirkland Development Association Inc 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 Kirkland Development Association Inc?
Kirkland Development Association Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Kirkland Development Association Inc
The Kirkland Development Association, a nonprofit organization, is dedicated to providing affordable housing solutions for low-income seniors and families. They accomplish this by managing a 12-unit apartment building in an undisclosed location. The association's mission involves covering all rental and operational expenses for the apartment project, ensuring it serves its exempt purpose. The US Department of Agriculture oversees the regulation of this project to ensure it adheres to necessary standards. The Kirkland Development Association's commitment to affordable housing aims to contribute positively to the well-being of its residents, providing them with a secure and affordable living space.
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Impact
October, 2024
Kirkland Development Association Inc significantly impacts the community by providing affordable housing specifically tailored for low-income seniors and families in Kirkland, IL. Its 12-unit apartment building addresses a critical need, ensuring that vulnerable populations have access to safe, stable, and affordable living conditions. By covering all rental and operational expenses, the association effectively alleviates financial burdens on its residents, fostering a supportive environment for those who might otherwise struggle to secure adequate housing.
Moreover, the project aligns with federal guidelines set by the US Department of Agriculture, ensuring quality standards and oversight. This regulation not only enhances the livability of the apartments but also reinforces the association’s commitment to providing sustainable housing solutions. By focusing on affordable housing, the Kirkland Development Association plays a vital role in promoting community well-being, reducing homelessness, and enhancing the overall quality of life for its residents.
This information is meant to be a general summary of Kirkland Development Association 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2
- Program Service Revenue: $45,420
- Gross Receipts: $65,795
Assets and Liabilities:
- Total Assets: $350,024
- Total Liabilities: $207,290
- Net Assets: $142,734
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Organization Details
Phone
(815) 339-2140Principal Officer
Ryan Block
Main Address
206 S 6TH STREET, KIRKLAND, IL, 60146
NTEE Category
Code: L22 - Housing
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