Overview
What is Ravinia Housing Association?
The Ravinia Housing Association, formerly known as Highland Park Housing Association 3, is a nonprofit organization situated in Highland Park, Illinois. Their primary mission is to offer affordable housing solutions for families falling under the low and moderate income brackets. They accomplish this by owning and managing a 17-unit rental development, as per Section 223 (A)(7) of the National Housing Act. The association's activities center around providing affordable housing, ensuring that these families have a suitable living space to call home.
Is Ravinia Housing Association legitimate?
Ravinia Housing Association is a legitimate nonprofit organization registered as a 501(c)(4) entity. Ravinia Housing Association 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:
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Other Salaries and Wages: $64,927
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What is the mission statement of Ravinia Housing Association?
Ravinia Housing Association is committed to providing affordable housing solutions for families with low and moderate income levels. The organization operates a rental development, housing 17 units, in line with Section 223 (A)(7) of the National Housing Act. Its primary mission is to make housing accessible and affordable for those who might otherwise struggle with the cost, thereby contributing to a more equitable living environment.
Who is the CEO of Ravinia Housing Association?
Brad Dennison is the President of Ravinia Housing Association.
What is the revenue of Ravinia Housing Association?
Ravinia Housing Association's revenue in 2022 was $313,248.
Who are the executives of Ravinia Housing Association 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 Ravinia Housing Association?
Ravinia Housing Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ravinia Housing Association
Ravinia Housing Association, a nonprofit organization, is committed to providing affordable housing for families with low and moderate income levels. This mission is carried out through the ownership and operation of a 17-unit rental development, specifically tailored for tenants who fall under these income brackets, in compliance with Section 223 (A)(7) of the National Housing Act. The association's primary goal is to make housing accessible and affordable for those who might otherwise struggle to find suitable living arrangements. By providing affordable housing, Ravinia Housing Association contributes to the overall well-being and stability of the communities it serves, ensuring that families can focus on other essential aspects of their lives without the burden of exorbitant housing costs.
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Impact
October, 2024
Ravinia Housing Association significantly impacts the Highland Park community by providing affordable housing options for low and moderate-income families. By owning and operating a 17-unit rental development, the organization directly addresses housing insecurity and helps stabilize the lives of its tenants. This initiative not only fosters a diverse community but also contributes to the overall well-being and economic stability of families in the area. Through its commitment to affordable housing, Ravinia Housing Association plays a vital role in ensuring that safe and stable living conditions are accessible to those in need.
This information is meant to be a general summary of Ravinia Housing Association. 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: $362
- Program Service Revenue: $312,870
- Gross Receipts: $313,248
Assets and Liabilities:
- Total Assets: $704,071
- Total Liabilities: $928,216
- Net Assets: -$224,145
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APARTMENT RENTALS
Revenue
$312,870
Organization Details
Founding Year
1980
Phone
(847) 926-1611Principal Officer
Brad Dennison
Main Address
1707 ST JOHNS AVENUE, HIGHLAND PARK, IL, 60035
NTEE Category
Code: L20 - Housing
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