Overview
What is Disabled Adults Residential Enterprises?
Disabled Adults Residential Enterprises is a nonprofit organization situated in Chicago, Illinois, specifically at 1615 E 55th Street. Their primary mission is to provide suitable housing for eligible disabled individuals with low incomes. They accomplish this by owning and managing an apartment building, adhering to Section 202 of the National Housing Act. The organization's purpose is to offer a living space that caters to the specific needs of its residents, thereby enhancing their quality of life.
Is Disabled Adults Residential Enterprises legitimate?
Disabled Adults Residential Enterprises is a legitimate nonprofit organization registered as a 501(c)(3) entity. Disabled Adults Residential Enterprises 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: $53,790
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What is the mission statement of Disabled Adults Residential Enterprises?
Disabled Adults Residential Enterprises is an organization dedicated to serving the housing needs of eligible disabled individuals with low income. Their mission is to provide suitable living accommodations for this specific group, carrying out their objective through the ownership and operation of an apartment building, in compliance with Section 202 of the National Housing Act. The organization's primary goal is to ensure that eligible disabled individuals have access to safe and affordable housing, thereby improving their overall quality of life. The project's focus is on enabling these individuals to live independently and with dignity, fostering a sense of community and support within the residence.
Who is the CEO of Disabled Adults Residential Enterprises?
Mary Rogel is the Treasurer of Disabled Adults Residential Enterprises.
What is the revenue of Disabled Adults Residential Enterprises?
Disabled Adults Residential Enterprises's revenue in 2023 was $465,680.
Who are the executives of Disabled Adults Residential Enterprises and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Disabled Adults Residential Enterprises?
Disabled Adults Residential Enterprises's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Disabled Adults Residential Enterprises
Disabled Adults Residential Enterprises, a nonprofit organization, is dedicated to providing housing solutions for eligible low-income individuals with disabilities. Through its mission, the organization operates and manages apartment buildings, adhering to Section 202 of the National Housing Act. The primary goal of Disabled Adults Residential Enterprises is to offer a safe and affordable living space for this specific demographic, ensuring they have access to a suitable home environment. By providing housing, the organization aims to enhance the quality of life for these individuals, enabling them to live independently and with dignity.
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Impact
October, 2024
Disabled Adults Residential Enterprises significantly impacts the lives of eligible disabled low-income residents by providing them with stable and affordable housing in Chicago, Illinois. Through the ownership and operation of an apartment building, the organization addresses a critical need for accessible living environments that cater to the unique challenges faced by this demographic.
By facilitating access to safe and supportive housing, it not only enhances the quality of life for residents but also fosters a sense of community. The initiative helps alleviate the financial burden associated with housing, allowing individuals to focus on their personal well-being and independence. This housing model contributes to the overall social integration of disabled adults, promoting a more inclusive society. Through its mission, Disabled Adults Residential Enterprises plays a vital role in empowering vulnerable populations and enhancing their opportunities for a better life.
This information is meant to be a general summary of Disabled Adults Residential Enterprises. 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 2023.
- Investment Income: $75
- Program Service Revenue: $464,046
- Gross Receipts: $465,680
Assets and Liabilities:
- Total Assets: $550,555
- Total Liabilities: $1,052,333
- Net Assets: -$501,778
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rent Revenue
Revenue
$80,400
Tenant Assistance Payment
Revenue
$383,646
Organization Details
Founding Year
1985
Phone
(773) 394-8273Principal Officer
Mary Rogel
Main Address
1616 E 55TH STREET, CHICAGO, IL, 60615
NTEE Category
Code: L21Z - Housing
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