Overview
What is Deerfield Senior Housing Corporation?
Deerfield Senior Housing Corporation is a nonprofit organization situated in Deerfield, Illinois. Committed to serving the elderly community, they own and manage affordable housing facilities in accordance with Section 202 of the National Housing Act. Their mission is to provide suitable living spaces for eligible low-income tenants, ensuring they can maintain a decent living standard. The organization's primary activity involves offering affordable housing solutions, catering to the needs of the underprivileged elderly population in the vicinity.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Stars
Deerfield Senior Housing Corporation received a 67% rating from Charity Navigator, which indicates an average level of accountability and financial health. The score is based solely on the Accountability & Finance beacon, reflecting the organization's commitment to maintaining independent oversight and strong program expenses, which stand at 81.52%. This shows a good allocation of resources towards its mission.
However, the organization has notable weaknesses, particularly in its financial transparency and governance policies. Despite a fully independent board, it has not provided essential documents, such as its tax form, conflict of interest policy, and whistleblower policy, which are crucial for demonstrating organizational integrity. Additionally, the liabilities to assets ratio of 306.77% raises concerns about financial stability.
Overall, while Deerfield Senior Housing Corporation shows strengths in independent governance and program spending, the lack of important policies and financial documentation limits its overall performance and could affect stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
Is Deerfield Senior Housing Corporation legitimate?
Deerfield Senior Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Deerfield Senior Housing Corporation 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: $180,753
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What is the mission statement of Deerfield Senior Housing Corporation?
Deerfield Senior Housing Corporation is dedicated to providing affordable housing solutions for eligible low-income seniors. The organization operates under Section 202 of the National Housing Act, and its primary mission is to accommodate the elderly population with affordable housing options. By owning and managing its projects specifically designed for the elderly, Deerfield Senior Housing Corporation contributes to the well-being and comfort of its tenants, ensuring they can live in a suitable environment. The corporation's objective is to make affordable housing accessible to those who need it, thereby enhancing the quality of life for the elderly community.
Who is the CEO of Deerfield Senior Housing Corporation?
Chuck Whisler is the President of Deerfield Senior Housing Corporation.
What is the revenue of Deerfield Senior Housing Corporation?
Deerfield Senior Housing Corporation's revenue in 2022 was $1,173,059.
Who are the executives of Deerfield Senior Housing Corporation and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Deerfield Senior Housing Corporation?
Deerfield Senior Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Deerfield Senior Housing Corporation
Deerfield Senior Housing Corporation, as a nonprofit organization, is dedicated to providing affordable housing for eligible low-income tenants. This mission is carried out through the operation and management of housing projects, in accordance with Section 202 of the National Housing Act. The corporation's primary focus is on catering to the elderly population, offering them a place to reside in a budget-friendly manner. By providing affordable housing, Deerfield Senior Housing Corporation aims to contribute positively to the lives of its residents, enabling them to maintain a dignified living standard despite their financial constraints.
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Impact
October, 2024
Deerfield Senior Housing Corporation significantly impacts the community by providing affordable housing for eligible low-income tenants, particularly the elderly. By owning and operating housing projects under Section 202 of the National Housing Act, it addresses a vital need for accessible living arrangements in Deerfield, IL. This initiative not only enhances the quality of life for its residents but also fosters a sense of community and security for seniors who might otherwise struggle to find affordable housing options. Through its dedicated efforts, Deerfield Senior Housing Corporation plays a crucial role in improving housing stability and promoting independent living for elderly individuals in the area.
This information is meant to be a general summary of Deerfield Senior Housing Corporation. 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: $252
- Program Service Revenue: $1,172,807
- Gross Receipts: $1,173,059
Assets and Liabilities:
- Total Assets: $2,530,074
- Total Liabilities: $7,570,012
- Net Assets: -$5,039,938
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE / (LOSS)
Revenue
$1,172,807
Organization Details
Founding Year
1987
Phone
(847) 945-3661Principal Officer
Chuck Whisler
Main Address
733 OSTERMAN, DEERFIELD, IL, 60015
NTEE Category
Code: L22 - Housing
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