Overview
What is Heartland Housing Inc?
Heartland Housing Inc, established in 1989 as a 501(C)(3) nonprofit organization, is dedicated to providing affordable housing solutions in Chicago, Madison, Wisconsin, and parts of Milwaukee. With a focus on serving various populations, including low-income individuals, the homeless, and seniors, Heartland Housing Inc manages 1,279 units. Beyond offering housing, the organization provides supportive services to help residents overcome barriers to stability and achieve economic independence. By prioritizing the needs of homeless individuals, Heartland Housing Inc contributes to the community's housing development and aims to uplift people's lives through its affordable and supportive housing initiatives. The organization currently employs 53 individuals.
Official website here: www.heartlandalliance.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
Heartland Housing Inc has achieved a commendable Four-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The rating reflects a 90% score, which is solely derived from the beacon score focusing on these areas. This score suggests that the organization maintains a high level of financial health and transparency, which is crucial for donor trust and effective nonprofit governance.
The organization demonstrates notable strengths, including having a fully independent board and robust policies in place for conflict of interest and whistleblowing. Additionally, Heartland Housing Inc has shown effective oversight by having its financial statements audited and made accessible on its website, further enhancing transparency. The positive liability-to-assets ratio indicates sound financial management, which is beneficial for long-term sustainability.
However, while the program expense ratio is respectable at 61.72%, it suggests that there may be room for improvement in how funds are allocated towards direct programming versus administrative costs. Overall, Heartland Housing Inc's strong financial practices and governance structures make it a reliable choice for potential donors looking to support effective nonprofit initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Heartland Housing Inc legitimate?
Heartland Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heartland Housing 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: $493,123
Professional Fundraising Fees: $0
Other Salaries and Wages: $411,926
For more financial information, click here
Official website here: www.heartlandalliance.org
What is the mission statement of Heartland Housing Inc?
Heartland Housing Inc, as a community housing development organization, aims to facilitate the development of individuals by preserving and creating affordable and supportive housing. The organization prioritizes meeting the needs of homeless persons, with a focus on providing housing units to low-income individuals, seniors, and other eligible participants. Heartland Housing offers supportive services to its residents to help them overcome barriers to housing stability and achieve greater economic independence. Additionally, the organization assists its residents in finding employment, contributing to their overall well-being.
Official website here: www.heartlandalliance.org
Who is the CEO of Heartland Housing Inc?
Evelyn Diaz is the President/Ceo of Heartland Housing Inc. The CEO's salary of Heartland Housing Inc is $0 and their total compensation is $384,283.
Official website here: www.heartlandalliance.org
What is the revenue of Heartland Housing Inc?
Heartland Housing Inc's revenue in 2022 was $4,305,004.
Official website here: www.heartlandalliance.org
Who are the executives of Heartland Housing Inc and what are their salaries?
The average compensation at Heartland Housing Inc during 2022 was $17,076. There are 53 employees and 11 volunteers at Heartland Housing Inc.
Here are 12 key members and their salaries (Heartland Housing Inc's CEO's salary is $0 and their total compensation is $384,283):
- Compensation: $0
- Related: $373,706
- Other: $10,577
- Compensation: $0
- Related: $260,858
- Other: $1,971
- Compensation: $0
- Related: $215,138
- Other: $3,918
- Compensation: $206,000
- Related: $0
- Other: $12,977
- Compensation: $172,010
- Related: $0
- Other: $0
- Compensation: $0
- Related: $159,021
- Other: $570
- Compensation: $139,531
- Related: $0
- Other: $0
- Compensation: $125,000
- Related: $0
- Other: $0
- Compensation: $115,113
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.heartlandalliance.org
Where can I find the form 990 for Heartland Housing Inc?
Heartland Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.heartlandalliance.org
Learn more at the official website: www.heartlandalliance.org
Mission Statement of Heartland Housing Inc
Heartland Housing Inc, established as a non-profit organization in 1989, is committed to facilitating personal development by preserving and creating affordable and supportive housing. This community housing development organization prioritizes meeting the needs of homeless individuals, recognizing their unique challenges. Heartland Housing Inc manages a total of 1,279 housing units spread across various locations, catering to diverse populations such as low-income individuals, seniors, and homeless persons. These projects not only provide shelter but also offer supportive services to help residents overcome barriers to housing stability and achieve greater economic independence. The organization's efforts extend beyond simply offering housing, aiming to assist residents in finding employment and overcoming various challenges to build a stable life.
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Impact
October, 2024
Heartland Housing Inc has made a significant impact by facilitating the development of affordable and supportive housing for vulnerable populations, including low-income individuals, the homeless, and seniors. Since its inception in 1989, it has owned and managed 1,279 affordable housing units across Chicago, Madison, and parts of Milwaukee.
The organization's efforts extend beyond simply providing shelter; it focuses on creating an environment that fosters housing stability and economic independence. By offering supportive services, Heartland Housing helps residents overcome barriers they face in achieving sustainable housing and employment. This comprehensive approach not only improves individual circumstances but also strengthens communities by ensuring that more residents have access to stable living conditions.
Through its dedicated projects and commitment to meeting the needs of those most in need, Heartland Housing Inc plays a crucial role in enhancing the quality of life for many, contributing positively to the broader social fabric of the regions it serves.
This information is meant to be a general summary of Heartland Housing 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,343,106
- Program Service Revenue: $1,564,782
- Gross Receipts: $4,305,004
Assets and Liabilities:
- Total Assets: $62,964,341
- Total Liabilities: -$275,756
- Net Assets: $63,240,097
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING DEVELOPMENT
Revenue
$1,564,782
Organization Details
Founding Year
1989
Phone
(312) 660-1300Principal Officer
Evelyn Diaz
Main Address
208 South LaSalle St Suite 1300, Chicago, IL, 60604
Website
www.heartlandalliance.orgNTEE Category
Code: L25L - Housing
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