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Maywood Phoenix Homes Inc

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

EIN: 363354397 ✦ Maywood, IL ✦ Designated as a 501(c)(3)

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Overview

What is Maywood Phoenix Homes Inc?

Maywood Phoenix Homes Inc is a nonprofit organization located in Maywood, Illinois, specifically at 411 West Madison Street. Their primary mission is to provide low-income housing opportunities for eligible tenants, ensuring that the rent they pay is proportionate to their income, as determined by the HUD. They are dedicated to this task, not just by offering housing, but also by providing related outreach services. This commitment to their community makes Maywood Phoenix Homes Inc an essential resource for individuals in need of affordable housing in the area.

Is Maywood Phoenix Homes Inc legitimate?

Maywood Phoenix Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maywood Phoenix 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: $0

For more financial information, click here

What is the mission statement of Maywood Phoenix Homes Inc?

Maywood Phoenix Homes Inc's mission is centered around providing low-income housing and associated outreach services. Their primary objective is to accommodate eligible low-income tenants, charging them a rent portion proportional to their earning capability, as determined by the HUD. The organization's activities are geared towards offering housing solutions and additional support services to those in need.

Who is the CEO of Maywood Phoenix Homes Inc?

Bishop Claude Porter is the President of Maywood Phoenix Homes Inc.

What is the revenue of Maywood Phoenix Homes Inc?

Maywood Phoenix Homes Inc's revenue in 2022 was $5,130.

Who are the executives of Maywood Phoenix Homes Inc and what are their salaries?


Here are 6 key members and their salaries:


Bishop Claude Porter (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bishop Joseph Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bishop Reginald J Saffo (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Laria (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Quas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jospeh Ratley Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Maywood Phoenix Homes Inc?

Maywood Phoenix Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Maywood Phoenix Homes Inc

Maywood Phoenix Homes Inc is committed to providing low-income housing and related outreach services. This nonprofit organization's mission is to offer affordable housing solutions to eligible individuals who struggle financially. Tenants pay a portion of their rent based on their income capacity, as determined by the U.S. Department of Housing and Urban Development (HUD). The project aims to provide a safe and secure living environment for these tenants, contributing to their overall well-being and stability. Maywood Phoenix Homes Inc goes beyond just offering housing; they also provide related outreach services to support their tenants in various aspects of their lives.

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Impact




August, 2024

Maywood Phoenix Homes Inc's impact lies in providing low-income housing and related outreach services to eligible tenants in Maywood, Illinois. By offering affordable housing options and support services, this organization helps improve the quality of life for individuals and families who may otherwise struggle to find suitable living arrangements. Their mission to address housing needs for those with limited financial resources contributes to community well-being and social stability in the area.




This information is meant to be a general summary of Maywood Phoenix 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.

Revenue
$5,130 (2022)
Expenses
$348,340 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,130
  • Gross Receipts: $5,130

Assets and Liabilities:

  • Total Assets: $765,522
  • Total Liabilities: $1,000
  • Net Assets: $764,522

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Programs

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

RENTAL INCOME
TENANT ASSISTANCE PAYMENT
TENANT CHARGES

Organization Details

Founding Year

1987

Principal Officer

Bishop Claude Porter

Main Address

411 WEST MADISON STREET, MAYWOOD, IL, 60153

NTEE Category

Code: E91Z - Health

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