Overview
What is Kenwood Area Housing Inc C/O Embrace Living Communities?
Kenwood Area Housing Inc, under the umbrella of Embrace Living Communities, is a nonprofit organization situated in Oak Brook, Illinois. Established in 1989 with a mission to provide affordable and welcoming homes for actively aging adults, the organization is dedicated to creating communities that embrace living for those in need. Their primary focus is on supporting low-income elderly and handicapped individuals, as defined by the National Housing Act of 1959. The organization's efforts involve acquiring land and constructing buildings to offer affordable housing options, ensuring a comfortable and inclusive living environment for its residents.
Official website here: www.embraceliving.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
Kenwood Area Housing Inc C/O Embrace Living Communities has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance with a score of 96%. This high rating signifies the organization’s commitment to transparency and responsible financial management, which is essential for donor trust and engagement.
The organization's strengths lie in its governance and fiscal practices. It boasts an independent board comprising 85% members, ensuring objective oversight. Additionally, the financial statements are thoroughly audited, and the organization has robust policies in place regarding conflicts of interest and whistleblower protections, further demonstrating its commitment to ethical operations.
While the rating highlights the charity’s strong financial health and effective use of resources—91.01% of expenses directed towards programs—it does not provide insights into programmatic outcomes or community impact. Future evaluations that include these aspects could offer a more comprehensive view of the organization's effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Kenwood Area Housing Inc C/O Embrace Living Communities legitimate?
Kenwood Area Housing Inc C/O Embrace Living Communities is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kenwood Area Housing Inc C/O Embrace Living Communities 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: $293,284
For more financial information, click here
Official website here: www.embraceliving.org
What is the mission statement of Kenwood Area Housing Inc C/O Embrace Living Communities?
The mission of Kenwood Area Housing Inc, operated under Embrace Living Communities, is centered around providing affordable and welcoming living environments for actively aging adults. Established as a non-profit corporation in Illinois in 1989, its primary goal is to acquire land and construct buildings to house low-income elderly and handicapped individuals, as defined by the National Housing Act of 1959. In line with this mission, the organization aims to create communities that embrace living, offering a warm and inviting home for its residents.
Official website here: www.embraceliving.org
What is the revenue of Kenwood Area Housing Inc C/O Embrace Living Communities?
Kenwood Area Housing Inc C/O Embrace Living Communities's revenue in 2023 was $1,103,179.
Official website here: www.embraceliving.org
Who are the executives of Kenwood Area Housing Inc C/O Embrace Living Communities and what are their salaries?
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $357,625
- Other: $48,906
- Compensation: $0
- Related: $209,490
- Other: $20,088
- Compensation: $0
- Related: $134,487
- Other: $29,262
- Compensation: $0
- Related: $114,791
- Other: $40,412
- Compensation: $0
- Related: $108,003
- Other: $40,055
- Compensation: $0
- Related: $109,898
- Other: $27,919
- Compensation: $0
- Related: $104,132
- Other: $27,575
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.embraceliving.org
Where can I find the form 990 for Kenwood Area Housing Inc C/O Embrace Living Communities?
Kenwood Area Housing Inc C/O Embrace Living Communities's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.embraceliving.org
Learn more at the official website: www.embraceliving.org
Mission Statement of Kenwood Area Housing Inc C/O Embrace Living Communities
Kenwood Area Housing Inc C/O Embrace Living Communities, established in 1989, was incorporated as a non-profit organization in Illinois with a mission to provide affordable and welcoming homes for actively aging adults. The organization, following its mission statement, seeks to create communities that embrace living, offering shelter to low-income elderly and handicapped individuals, as defined by the National Housing Act of 1959. The primary objective of Kenwood Area Housing Inc C/O Embrace Living Communities is to ensure that actively aging adults have access to affordable housing, fostering an environment that promotes community living.
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Impact
October, 2024
Kenwood Area Housing Inc C/O Embrace Living Communities significantly impacts the lives of actively aging adults by providing affordable and welcoming housing options. Located in Oak Brook, Illinois, it focuses on creating living environments that foster engagement and community for low-income elderly and handicapped individuals.
Since its incorporation in 1989, the organization has dedicated itself to acquiring land and constructing buildings tailored to meet the needs of its residents, ensuring they have secure and comfortable homes. By prioritizing affordability and accessibility, Kenwood Area Housing actively supports its residents in achieving a dignified and fulfilling life, contributing to their overall well-being and quality of life. Through its commitment to creating communities that embrace living, it enhances social connections and promotes an active lifestyle among seniors, helping to reduce isolation and improve mental health outcomes.
This information is meant to be a general summary of Kenwood Area Housing Inc C/O Embrace Living Communities. 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 2023.
- Investment Income: $397
- Program Service Revenue: $1,095,234
- Gross Receipts: $1,103,179
Assets and Liabilities:
- Total Assets: $1,530,961
- Total Liabilities: $57,049
- Net Assets: $1,473,912
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$206,967
TENANT ASSISTANCE PAYMENTS
Revenue
$888,267
Organization Details
Founding Year
1989
Principal Officer
Anne Oliva
Website
www.embraceliving.orgNTEE Category
Code: L22 - Housing
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