Overview
What is Housing Action Illinois?
Housing Action Illinois is a nonprofit organization situated in Chicago, Illinois. With a team of 60 dedicated individuals, the primary goal of this organization is to enhance and maintain the availability of affordable and decent housing for low- and moderate-income families in Illinois. To achieve this mission, they offer technical assistance and training through workshops, as well as direct support to local housing developers and counseling agencies. This is facilitated through pass-through grants to their affiliated housing counseling agencies, along with funds from programs like the HUD-approved Housing Counseling Intermediary and the Housing Counseling Stability Program (HSCP).
Official website here: www.housingactionil.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Housing Action Illinois has achieved a notable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 90% in this area, the organization demonstrates effective financial management, highlighted by 100% independent board members and no material diversions of assets. Their commitment to transparency is further evidenced by their comprehensive policies, including conflict of interest and whistleblower protections.
The organization excels in its leadership and adaptability, receiving a perfect score of 100%. This indicates a robust strategic framework and strong leadership, which are critical for navigating challenges and opportunities in the nonprofit sector. The high program expense ratio of 94.35% signifies that the majority of its resources are directed towards its mission, ensuring that funds are utilized effectively for their programs.
Overall, Housing Action Illinois stands out as a well-managed organization with a strong commitment to accountability and transparency. While the data reflects its strengths, it is essential for potential supporters to consider ongoing developments and community impact as part of their decision-making process.
This AI summary has been generated from information found on Charity Navigator.
Is Housing Action Illinois legitimate?
Housing Action Illinois is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Action Illinois 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: $112,656
Professional Fundraising Fees: $0
Other Salaries and Wages: $681,138
For more financial information, click here
Official website here: www.housingactionil.org
What is the mission statement of Housing Action Illinois?
Housing Action Illinois, as an organization, is committed to enhancing and maintaining a sufficient supply of reasonably priced, decent, and accessible housing options in Illinois for households with modest and low incomes. To achieve this goal, they offer technical assistance and workshops, providing direct guidance to not-for-profit housing developers and housing counseling agencies. They also distribute pass-through grants to their affiliated direct service housing counseling agencies, utilizing resources such as the HUD Approved Housing Counseling Intermediary and the Housing Counseling Stability Program (HSCP).
Official website here: www.housingactionil.org
Who is the CEO of Housing Action Illinois?
Sharon Legenza is the Director of Housing Action Illinois.
Official website here: www.housingactionil.org
What is the revenue of Housing Action Illinois?
Housing Action Illinois's revenue in 2022 was $3,360,179.
Official website here: www.housingactionil.org
Who are the executives of Housing Action Illinois and what are their salaries?
The average compensation at Housing Action Illinois during 2022 was $13,230. There are 60 employees and 13 volunteers at Housing Action Illinois.
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- Compensation: $101,379
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- Other: $8,637
Official website here: www.housingactionil.org
Where can I find the form 990 for Housing Action Illinois?
Housing Action Illinois's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.housingactionil.org
Learn more at the official website: www.housingactionil.org
Mission Statement of Housing Action Illinois
Housing Action Illinois, a nonprofit organization, is committed to increasing and preserving the availability of decent, affordable, and accessible housing options for low-income and moderate-income households in Illinois. To achieve this mission, the organization provides technical assistance and conducts workshops for not-for-profit housing developers and housing counseling agencies. Furthermore, it dispenses pass-through grants to its affiliated direct service housing counseling agencies, utilizing funds from programs such as the HUD Approved Housing Counseling Intermediary and the Housing Counseling Stability Program (HSCP).
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Impact
October, 2024
Housing Action Illinois significantly enhances the availability and quality of affordable housing across the state. By providing technical assistance and training, it empowers not-for-profit housing developers and counseling agencies to effectively serve low- and moderate-income households. The organization conducts workshops and offers direct support, helping these agencies navigate challenges and improve their services.
Moreover, Housing Action Illinois facilitates funding through pass-thru grants to affiliated agencies, bolstering their capacity to provide critical housing counseling. As part of its role as a HUD Approved Housing Counseling Intermediary and under programs like the Housing Counseling Stability Program, it ensures that essential resources flow to those who need them most. Through these initiatives, Housing Action Illinois plays a vital role in increasing and preserving decent, affordable, and accessible housing in Illinois, directly impacting the lives of many in the community.
This information is meant to be a general summary of Housing Action Illinois. 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: $13,028
- Program Service Revenue: $75,965
- Gross Receipts: $3,360,179
Assets and Liabilities:
- Total Assets: $2,430,365
- Total Liabilities: $916,282
- Net Assets: $1,514,083
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Conferences and Traini
Revenue
$53,875
Workshop Revenue
Revenue
$22,090
Organization Details
Founding Year
1987
Phone
(219) 775-5508Principal Officer
Sharon Legenza
Main Address
67 E Madison Street 1603, Chicago, IL, 60603
Website
www.housingactionil.orgNTEE Category
Code: L80 - Housing
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