Overview
What is Mchenry County Community Homes Inc?
Mchenry County Community Homes Inc is a nonprofit organization situated in Skokie, Illinois, specifically at 5340 Lincoln Avenue, 60077. The primary mission of this organization is to provide housing for individuals and families with low to very low incomes, as well as for those with disabilities. They manage an apartment complex, which comprises 44 one and two-bedroom units. Out of these, 42 units are reserved exclusively for individuals and families falling under the low to very low income category. Moreover, 21 of these units are specifically catered to persons with disabilities. The organization's primary activity involves operating this apartment complex to offer affordable housing solutions to those in need.
Official website here: www.hodc.org
Is Mchenry County Community Homes Inc legitimate?
Mchenry County Community Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mchenry County Community Homes Inc 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: $94,562
For more financial information, click here
Official website here: www.hodc.org
What is the mission statement of Mchenry County Community Homes Inc?
Mchenry County Community Homes Inc operates an apartment complex primarily for individuals with low to very low income, providing them with affordable housing options. Among these units, 21 are specifically reserved for individuals with disabilities, further catering to this specific population. The organization's mission is to contribute to the community by offering a living space that is accessible and affordable for these groups of people.
Official website here: www.hodc.org
Who is the CEO of Mchenry County Community Homes Inc?
William Sholten is the President of Mchenry County Community Homes Inc.
Official website here: www.hodc.org
What is the revenue of Mchenry County Community Homes Inc?
Mchenry County Community Homes Inc's revenue in 2022 was $371,322.
Official website here: www.hodc.org
Who are the executives of Mchenry County Community Homes Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.hodc.org
Where can I find the form 990 for Mchenry County Community Homes Inc?
Mchenry County Community Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hodc.org
Learn more at the official website: www.hodc.org
Mission Statement of Mchenry County Community Homes Inc
Mchenry County Community Homes Inc is dedicated to serving the community by operating an apartment complex. This complex caters specifically to individuals and families falling under the low to very low income bracket and those with disabilities. The organization has meticulously reserved 42 units within this complex for these individuals, ensuring that they have access to affordable housing. Moreover, 21 of these units are solely allocated for individuals with disabilities, further emphasizing the organization's commitment to inclusivity and accommodation. By providing these housing solutions, Mchenry County Community Homes Inc contributes to the betterment of its community, offering a safe and secure living environment to those in need.
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Impact
October, 2024
Mchenry County Community Homes Inc significantly contributes to the community by providing essential housing options for low to very low income individuals and families, as well as those with disabilities. By operating an apartment complex with 44 one and two-bedroom units, the organization addresses critical housing needs in Skokie, IL.
With 42 of these units reserved specifically for low to very low income tenants, Mchenry County Community Homes plays a vital role in ensuring that affordable housing is accessible to vulnerable populations. Additionally, the commitment to offer 21 units specifically for persons with disabilities fosters inclusivity and enhances the quality of life for residents facing these challenges.
Through its efforts, Mchenry County Community Homes not only aids in alleviating housing insecurity but also promotes community stability and well-being, making a lasting impact on the lives of its tenants and the broader community.
This information is meant to be a general summary of Mchenry County Community Homes 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: $617
- Program Service Revenue: $370,705
- Gross Receipts: $371,322
Assets and Liabilities:
- Total Assets: $1,826,927
- Total Liabilities: $2,093,078
- Net Assets: -$266,151
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APARTMENT RENTALS
Revenue
$362,444
OTHER
Revenue
$8,261
Organization Details
Founding Year
1983
Phone
(847) 564-2900Principal Officer
William Sholten
Main Address
5340 LINCOLN AVENUE, SKOKIE, IL, 60077
Website
www.hodc.orgNTEE Category
Code: L21 - Housing
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