Overview
What is Chicago Urban League Development Corporation?
The Chicago Urban League Development Corporation, situated in Chicago, Illinois, acts as a HUD-certified housing counseling agency and a City of Chicago Department of Housing delegate agency. Their primary mission is to foster self-sustaining community development projects. They offer professional housing counseling services to low-to-moderate-income residents, assisting prospective first-time homebuyers in accessing incentive programs and various mortgage loan products. Homeowners can also learn about homeownership responsibilities and prevent foreclosure through counseling and interventions. The corporation's aim is to promote community development and support.
Is Chicago Urban League Development Corporation legitimate?
Chicago Urban League Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago Urban League 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.
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Other Salaries and Wages: $299,122
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What is the mission statement of Chicago Urban League Development Corporation?
The Chicago Urban League Development Corporation's mission is centered around promoting self-sustaining community development projects. Specifically, they offer housing counseling programs as a HUD-certified agency and a City of Chicago Department of Housing delegate agency. Their services aim to assist low-to moderate-income residents, providing them with professional guidance in accessing incentive programs and various mortgage loan products. Homeowners can also learn the responsibilities associated with homeownership and take steps to save their homes from foreclosure through counseling and interventions.
Who is the CEO of Chicago Urban League Development Corporation?
Karen Freeman-Wilson is the Executive Dir. of Chicago Urban League Development Corporation.
What is the revenue of Chicago Urban League Development Corporation?
Chicago Urban League Development Corporation's revenue in 2022 was $1,005,846.
Who are the executives of Chicago Urban League Development Corporation and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Chicago Urban League Development Corporation?
Chicago Urban League Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Chicago Urban League Development Corporation
Chicago Urban League Development Corporation, as a HUD-certified counseling agency and a City of Chicago Department of Housing delegate agency, is committed to promoting self-supporting community development projects. At its core, the organization provides professional housing counseling assistance to low-to moderate-income residents. This assistance aids prospective first-time homebuyers in accessing incentive programs and various mortgage loan products. Additionally, existing homeowners can learn about the responsibilities associated with homeownership and take necessary steps to prevent foreclosure through counseling and intervention services. The Chicago Urban League Development Corporation plays a crucial role in empowering individuals and families to secure and maintain stable housing, thereby contributing to the development of self-sustaining communities.
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Impact
October, 2024
The Chicago Urban League Development Corporation significantly impacts the community by providing essential housing counseling services to low- and moderate-income residents. As a HUD-certified counseling agency and a delegate agency for the City of Chicago's Department of Housing, it plays a crucial role in assisting prospective first-time homebuyers.
Through its programs, individuals can access a range of incentive programs and mortgage loan products tailored to their needs. Additionally, the organization educates homeowners about their responsibilities and offers critical support to prevent foreclosure, ensuring that families remain in their homes. This focus on self-supporting community development not only fosters individual financial stability but also strengthens neighborhoods, contributing to a more resilient community overall.
This information is meant to be a general summary of Chicago Urban League 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $1,005,846
Assets and Liabilities:
- Total Assets: $2,211,890
- Total Liabilities: $0
- Net Assets: $2,211,890
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Organization Details
Phone
(773) 451-3540Principal Officer
Karen Freeman-Wilson
Main Address
4510 SOUTH MICHIGAN AVENUE, CHICAGO, IL, 60653
NTEE Category
Code: L20Z - Housing
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