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Peers Housing Association Fka Highland Park Housing Assoc 1

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

EIN: 362949405 ✦ Highland park, IL ✦ Designated as a 501(c)(3)

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Overview

What is Peers Housing Association Fka Highland Park Housing Assoc 1?

The Peers Housing Association, formerly known as Highland Park Housing Association 1, is a nonprofit organization situated in Highland Park, Illinois. Its primary mission is to offer affordable senior housing for individuals who fall within the low and moderate income brackets. The association accomplishes this through the operation of a 68-unit rental development, in accordance with Section 8 of the U.S. Housing Act of 1937. The Peers Housing Association is dedicated to providing senior residents with a comfortable living space, thus contributing to their well-being.

Is Peers Housing Association Fka Highland Park Housing Assoc 1 legitimate?

Peers Housing Association Fka Highland Park Housing Assoc #1 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peers Housing Association Fka Highland Park Housing Assoc #1 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: $164,771

For more financial information, click here

What is the mission statement of Peers Housing Association Fka Highland Park Housing Assoc 1?

The Peers Housing Association, formerly known as Highland Park Housing Assoc 1, is committed to providing affordable senior housing. This non-profit organization operates a 68-unit rental development catering to individuals with low and moderate income levels, adhering to section 8 of the U.S. Housing Act of 1937. The association strives to contribute to the well-being of senior citizens by offering them affordable housing options.

Who is the CEO of Peers Housing Association Fka Highland Park Housing Assoc 1?

Brad Dennison is the President of Peers Housing Association Fka Highland Park Housing Assoc #1.

What is the revenue of Peers Housing Association Fka Highland Park Housing Assoc 1?

Peers Housing Association Fka Highland Park Housing Assoc 1's revenue in 2022 was $1,165,723.

Who are the executives of Peers Housing Association Fka Highland Park Housing Assoc 1 and what are their salaries?


Here are 7 key members and their salaries:


Chadd Berkun (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Paushter (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Dennison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcia Bernstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luis Miguel Gonzalez Rosas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Isis Fernadez Sykes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dominique Emmanuelle Valbrun (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Peers Housing Association Fka Highland Park Housing Assoc 1?

Peers Housing Association Fka Highland Park Housing Assoc 1's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Peers Housing Association Fka Highland Park Housing Assoc 1

Peers Housing Association, formerly known as Highland Park Housing Association 1, is dedicated to providing affordable senior housing for individuals of lower and moderate income levels. This nonprofit organization operates a 68-unit rental development, which adheres to section 8 of the U.S. Housing Act of 1937. By offering this affordable housing, Peers Housing Association aims to cater to the needs of senior citizens, ensuring they have a comfortable living space within their means. The association's mission is to promote a sense of community and support among its senior residents, providing them with a secure and nurturing environment.

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Impact




October, 2024

Peers Housing Association has a significant impact by providing affordable housing for seniors in Highland Park, IL. By owning and operating a 68-unit rental development, the organization plays a crucial role in meeting the needs of low and moderate-income elderly residents. This creates a stable and supportive living environment for seniors, ensuring they have access to safe and affordable housing.

The association's commitment to serving this demographic not only enhances the quality of life for its residents but also contributes to the overall vitality of the community. By adhering to the guidelines of the U.S. Housing Act of 1937, Peers Housing Association ensures that financial barriers are reduced, allowing seniors to maintain their independence and dignity in a welcoming community setting. The presence of such housing ultimately fosters social connections among residents, thereby enriching the social fabric of Highland Park.




This information is meant to be a general summary of Peers Housing Association Fka Highland Park Housing Assoc 1. 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
$1,165,723 (2022)
Expenses
$1,018,415 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,380
  • Program Service Revenue: $1,164,343
  • Gross Receipts: $1,165,723

Assets and Liabilities:

  • Total Assets: $4,346,234
  • Total Liabilities: $2,848,248
  • Net Assets: $1,497,986

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Programs

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

APARTMENT RENTALS

Revenue

$1,164,343

Organization Details

Founding Year

1975

Principal Officer

Brad Dennison

Main Address

1707 ST JOHNS AVENUE, HIGHLAND PARK, IL, 60035

NTEE Category

Code: L22Z - Housing

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