Supported Housing Management Corporation

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

EIN: 363624202 ✦ Rockford, IL ✦ Designated as a 501(c)(3)

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Overview

What is Supported Housing Management Corporation?

Supported Housing Management Corporation is a nonprofit organization situated in Rockford, Illinois. Their primary mission is to offer Section 8 residential housing for adults struggling with mental and emotional issues, as well as those facing social disability. By providing this essential housing service, they aim to support the well-being of Northern Illinois' mentally and emotionally ill adults, thereby contributing to their overall improvement and social reintegration.

Is Supported Housing Management Corporation legitimate?

Supported Housing Management Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Supported Housing Management 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $93,096

For more financial information, click here

What is the mission statement of Supported Housing Management Corporation?

The Supported Housing Management Corporation's mission is centered around providing housing solutions. Specifically, they focus on accommodating mentally and emotionally ill adults, as well as those who are socially debilitated. This organization operates in Northern Illinois and offers Section 8 residential housing as part of their services. Their goal is to create a living environment that caters to the needs of these individuals, aiming to improve their quality of life.

Who is the CEO of Supported Housing Management Corporation?

Susan Schroeder is the President of Supported Housing Management Corporation. The CEO's salary of Supported Housing Management Corporation is $0 and their total compensation is $194,337.

What is the revenue of Supported Housing Management Corporation?

Supported Housing Management Corporation's revenue in 2022 was $280,832.

Who are the executives of Supported Housing Management Corporation and what are their salaries?

There 9 volunteers at Supported Housing Management Corporation.


Here are 11 key members and their salaries (Supported Housing Management Corporation's CEO's salary is $0 and their total compensation is $194,337):


Joe Clinton Iii (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Cushard (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherry Gaumond (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Kane (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Imogene Rowland (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Capone (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Magnuson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Stockman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Ricotta (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Schroeder (Ceo)
  • Compensation: $0
  • Related: $179,373
  • Other: $14,964
Candice O'Brien (Director Of Finance)
  • Compensation: $0
  • Related: $89,285
  • Other: $9,889
Where can I find the form 990 for Supported Housing Management Corporation?

Supported Housing Management Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Supported Housing Management Corporation

Supported Housing Management Corporation, a notable organization, is dedicated to providing housing solutions for mentally and emotionally ill adults, as well as those socially debilitated. Their mission is to offer Section 8 residential housing in northern Illinois, catering specifically to this vulnerable population. By doing so, the corporation aims to contribute to their well-being and improve their quality of life, thereby making a significant difference in their daily existence.

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Impact




October, 2024

Supported Housing Management Corporation significantly impacts the lives of mentally and emotionally ill and socially debilitated adults in Northern Illinois by providing stable, supportive housing. Through its provision of Section 8 residential housing in Rockford, the organization addresses a critical need for safe and accessible living environments, enabling individuals to regain stability in their lives.

By offering these housing solutions, the organization not only alleviates homelessness and housing insecurity but also fosters community integration and improves overall well-being for its residents. Access to appropriate housing allows individuals to focus on their mental health and social rehabilitation, empowering them to pursue personal growth and engage more fully in society. The work of Supported Housing Management Corporation thus plays a crucial role in enhancing the quality of life for some of the most vulnerable members of the community.




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

Revenue
$280,832 (2022)
Expenses
$403,499 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $12
  • Program Service Revenue: $280,820
  • Gross Receipts: $280,832

Assets and Liabilities:

  • Total Assets: $389,891
  • Total Liabilities: $1,704,269
  • Net Assets: -$1,314,378

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Programs

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

TENANT ASSISTANCE PAYM

Revenue

$199,972

APARTMENT REVENUE

Revenue

$80,848

Organization Details

Founding Year

1989

Principal Officer

Susan Schroeder

Main Address

706 NORTH MAIN STREET, ROCKFORD, IL, 611036904

NTEE Category

Code: P70 - Human services

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