Rockford Housing Development Corporation

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

EIN: 363213518 ✦ Rockford, IL ✦ Designated as a 501(c)(4)

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Overview

What is Rockford Housing Development Corporation?

Rockford Housing Development Corporation, established in Rockford, Illinois, is a nonprofit organization with a mission to promote and facilitate the development of affordable housing for low- and moderate-income residents. They achieve this goal through various means such as purchasing, constructing, and renting real estate, as well as engaging in any other real estate-related business activities. The organization rehabilitates existing properties to provide low-income housing, contributing positively to the quality of life for Rockford area families by ensuring they have safe and affordable living spaces.

Is Rockford Housing Development Corporation legitimate?

Rockford Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Rockford Housing Development 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: $0

For more financial information, click here

What is the mission statement of Rockford Housing Development Corporation?

The Rockford Housing Development Corporation's mission is centered around rehabilitating and providing affordable housing options for low-income families. This organization, established with the goal of promoting housing production, engages in various activities such as development, purchase and sale, construction, and rental of real estate. Their ultimate aim is to influence a situation where every family in the relevant area lives in a safe, healthy, and affordable home, thereby improving their quality of life.

Who is the CEO of Rockford Housing Development Corporation?

Jerry Lumpkins is the President of Rockford Housing Development Corporation.

What is the revenue of Rockford Housing Development Corporation?

Rockford Housing Development Corporation's revenue in 2022 was $4,825.

Who are the executives of Rockford Housing Development Corporation and what are their salaries?

There 5 volunteers at Rockford Housing Development Corporation.


Here are 5 key members and their salaries:


Jerry Lumpkins (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phyllis Ginestra (Secretary & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chandler Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Clewer (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martesha Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Rockford Housing Development Corporation?

Rockford Housing Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Rockford Housing Development Corporation

Rockford Housing Development Corporation, a nonprofit organization, is dedicated to improving the living conditions of low- and moderate-income families. Through various initiatives, the corporation rehabilitates existing housing and constructs new buildings to provide affordable living spaces. Its mission extends beyond just offering homes; it aims to create safe and healthy neighborhoods that enhance the overall quality of life for its residents. By undertaking development, purchase, and sale projects, as well as managing real estate rentals, Rockford Housing Development Corporation strives to make a significant impact on the housing landscape, ensuring that every family in the relevant area can afford a secure and comfortable living space.

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Impact




October, 2024

Rockford Housing Development Corporation significantly enhances the quality of life for low- and moderate-income residents by rehabilitating and providing affordable housing options. The organization focuses on promoting housing production through the development, purchase, construction, and management of real estate. As a result, every family in the Rockford area has access to safe and healthy living environments, which fosters stronger communities and supports overall well-being. The impact of their work is evident in the improved neighborhoods and the stability it brings to families, ensuring they have a place to call home.




This information is meant to be a general summary of Rockford Housing Development 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.

Revenue
$4,825 (2022)
Expenses
$509,456 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,825
  • Gross Receipts: $4,825

Assets and Liabilities:

  • Total Assets: $5,586,279
  • Total Liabilities: $0
  • Net Assets: $5,586,279

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Organization Details

Founding Year

1981

Principal Officer

Jerry Lumpkins

Main Address

3400 NORTH ROCKTON AVE, ROCKFORD, IL, 61103

NTEE Category

Code: L20 - Housing

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