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Housing Associates Inc

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

EIN: 363252608 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Housing Associates Inc?

Housing Associates Inc, situated in Chicago, Illinois, is a dedicated nonprofit organization that offers housing facilities and specialized services tailored to individuals struggling with severe and persistent mental illnesses. The organization owns and manages a 16-unit apartment building, known as Dorchester Apartments, providing one-year lease terms regulated by the U.S. Department of Housing and Urban Development (HUD). The Thresholds, a related nonprofit, aids in the project's management, accounting, administrative services, and office facilities, charging a management fee in return. The Thresholds also provides operating advances to Housing Associates Inc, ensuring the smooth functioning of the project. The project's primary mission is to offer housing facilities and services that cater to the physical, social, and psychological needs of individuals going through recovery from mental illnesses.


Official website here: www.thresholds.org

Is Housing Associates Inc legitimate?

Housing Associates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Associates 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: $46,320

For more financial information, click here


Official website here: www.thresholds.org

What is the mission statement of Housing Associates Inc?

Housing Associates Inc, as a nonprofit social service agency, is committed to providing housing facilities and services that cater to the physical, social, and psychological needs of individuals undergoing recovery from severe and persistent mental illness. The organization's mission is to create an environment that supports their overall well-being, aiding in their journey towards recovery. The agency operates a 16-unit apartment building, subject to a federally insured first mortgage loan, which provides housing for a year. The rents and operating methods are regulated by the U.S. Department of Housing and Urban Development (HUD). The activities of Housing Associates Inc are controlled by a related nonprofit, The Thresholds, which provides rehabilitative services, management, accounting, administrative services, and office facilities to the project.


Official website here: www.thresholds.org

Who is the CEO of Housing Associates Inc?

Mark Ishaug is the CEO of Housing Associates Inc The CEO's salary of Housing Associates Inc is $0 and their total compensation is $433,646.


Official website here: www.thresholds.org

What is the revenue of Housing Associates Inc?

Housing Associates Inc's revenue in 2023 was $214,293.


Official website here: www.thresholds.org

Who are the executives of Housing Associates Inc and what are their salaries?

There 51 volunteers at Housing Associates Inc.

Here are 60 key members and their salaries (Housing Associates Inc's CEO's salary is $0 and their total compensation is $433,646):


Suzet M Mckinney Drph Mph (President - Thru 12/31)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Jones (President - Beg 12/31)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Ven Mothkur (Vice President - Thru 12/31)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Inger Burnett-Zeigler (Secretary - Thru 12/31)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Spencer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Kolar (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Minal Varma (Asst. Sec.-Thru 12/31; Sec.-Beg 12/31)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Garth Walker Md Mph (Assistant Secretary - Beg 12/31)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin Albrecht (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Ashworth Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara R Barreno-Paschall Jd Mpp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Buffett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Burfeind (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond E Crossman Phd (Director - Thru 12/31)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne Dahm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marianne Doan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Douglas (Director - Beg 12/31)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Evely (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crystal Glover Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Satyender Goel Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald B Grais Jd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Greer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Haan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Jo Herseth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Hill (Director - Thru 12/31)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudine Hollack (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vicki Horwich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Hymen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Isaacs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Klaff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leo Lanzillo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roxanne M Martino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Mcclintock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Moos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandeep Nain (Director - Beg 12/31)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Neal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin A Osten Garner Psy D (Director - Beg 12/31)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ina N Owens Lcsw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gino Pinto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luvia Quinones (Director - Beg 12/31)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Randa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine M Rhode (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Roberts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Beth Rom-Rymer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda G Sahagian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Segal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Ware (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jasmine Watkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kirk Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Wright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Pavick Lcsw (Chief Clinical Officer)
  • Compensation: $0
  • Related: $203,312
  • Other: $7,153
Mark Furlong Lcsw (Chief Operating Officer)
  • Compensation: $0
  • Related: $199,517
  • Other: $19,986
Brent Peterson (Chief Development Officer)
  • Compensation: $0
  • Related: $142,427
  • Other: $28,153
Mark Ishaug (Chief Executive Officer)
  • Compensation: $0
  • Related: $403,882
  • Other: $29,764
Christine Noone (Chief Talent Officer)
  • Compensation: $0
  • Related: $191,877
  • Other: $4,989
Al G Shoreibah Cpa Mba (Chief Financial Officer)
  • Compensation: $0
  • Related: $244,996
  • Other: $31,210
Ademola T Popoola (Chief Information Officer)
  • Compensation: $0
  • Related: $169,812
  • Other: $25,172
Denise L Atkins (Chief Of Community Engagement)
  • Compensation: $0
  • Related: $152,825
  • Other: $4,018
Michael J Faley (General Counsel)
  • Compensation: $0
  • Related: $175,247
  • Other: $16,413


Official website here: www.thresholds.org

Where can I find the form 990 for Housing Associates Inc?

Housing Associates Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.thresholds.org

Learn more at the official website: www.thresholds.org

Mission Statement of Housing Associates Inc

Housing Associates Inc is a nonprofit social service agency dedicated to providing housing facilities and services tailored to meet the physical, social, and psychological needs of individuals confronting the challenge of recovery from severe and persistent mental illness. The organization's mission is to offer a supportive environment that caters to the unique needs of these individuals, aiming to facilitate their recovery and reintegration into society. Housing Associates Inc achieves this by owning and operating a 16-unit apartment building, known as Dorchester Apartments, which is regulated by the U.S. Department of Housing and Urban Development (HUD) in terms of rents and operating methods. The organization's activities are controlled by the Board of Directors of The Thresholds, a related nonprofit social service agency, which provides rehabilitative services to former mental patients and provides various management, accounting, administrative services, and office facilities to Housing Associates Inc for a management fee.

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Impact



October, 2024

Housing Associates Inc plays a crucial role in facilitating recovery for individuals dealing with severe and persistent mental illness by providing tailored housing solutions that address their physical, social, and psychological needs. By operating the Dorchester Apartments in Chicago, which consists of 16 specialized units, the organization creates a stable and supportive living environment for residents. This supportive housing model not only offers shelter but also fosters a sense of community and belonging, which is essential for individuals on their recovery journey.

The apartments are meticulously regulated to ensure that they remain affordable and conducive to recovery, adhering to guidelines set by the U.S. Department of Housing and Urban Development (HUD). Their approach extends beyond mere provision of housing. Through collaboration with related agencies like The Thresholds, Housing Associates Inc integrates rehabilitative services, management, and administrative support to enhance the overall well-being of their residents. This comprehensive service model aids in promoting autonomy and stability, essential elements for individuals reclaiming their lives after facing significant mental health challenges.

In summary, Housing Associates Inc's impact lies in its commitment to creating secure, regulated living spaces that provide not just shelter, but also community and support, ultimately empowering individuals in their recovery journeys.



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

Revenue
$214,293 (2023)
Expenses
$294,814 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $13
  • Program Service Revenue: $214,280
  • Gross Receipts: $214,293

Assets and Liabilities:

  • Total Assets: $751,956
  • Total Liabilities: $1,129,715
  • Net Assets: -$377,759

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Programs

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

RENT SUBSIDY

Revenue

$151,972

RESIDENTIAL FEES

Revenue

$62,308

Organization Details

Founding Year

1989

Principal Officer

Al Shoreibah

Website

www.thresholds.org

NTEE Category

Code: L2XZ - Housing

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