Overview
What is Associates Of Chicago Urban Day School Ltd?
Associates Of Chicago Urban Day School Ltd is a nonprofit organization situated in Tinley Park, Illinois, specifically at 8201 W 183RD STREET - SUITE K. Their primary mission is to provide affordable housing for low-income elderly and disabled individuals. They determine the portion of rent each tenant pays based on their income capacity, as per guidelines set by HUD. This nonprofit organization offers housing solutions to those who may otherwise struggle to secure suitable living arrangements, thereby enhancing their quality of life.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65%, earning a Two-Star out of Four Star rating. The rating reflects a mix of strengths and weaknesses in the nonprofit's accountability and financial practices. With a score of 65 in Accountability & Finance, it indicates some areas for improvement, particularly in governance and transparency.
The organization excels in certain financial aspects, such as its program expense ratio, which is an impressive 99.44%. This suggests that a significant portion of its resources is directed towards its programs, which is a positive sign for potential donors. However, issues arise with its governance structure, notably the absence of independent board members and lack of essential policies related to conflicts of interest and whistleblower protections.
While the financial statements are well-managed and there are no significant material diversions of assets, the organization's failure to maintain a transparent governance framework and inadequate online presence (not having its tax form posted on its website) limits its overall accountability. These factors may raise concerns among potential supporters regarding the organization’s commitment to best practices in nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
Is Associates Of Chicago Urban Day School Ltd legitimate?
Associates Of Chicago Urban Day School Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Associates Of Chicago Urban Day School Ltd 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: $39,776
Professional Fundraising Fees: $0
Other Salaries and Wages: $124,428
For more financial information, click here
What is the mission statement of Associates Of Chicago Urban Day School Ltd?
The mission of Associates Of Chicago Urban Day School Ltd, as stated, is centered around providing low-income housing for elderly and disabled individuals. This organization strives to make housing accessible for those who fall within this demographic, charging rent based on each tenant's ability to pay, as determined by HUD. The project aims to offer a living solution for eligible individuals who may be financially constrained.
Who is the CEO of Associates Of Chicago Urban Day School Ltd?
Renee Jordan is the President of Associates Of Chicago Urban Day School Ltd.
What is the revenue of Associates Of Chicago Urban Day School Ltd?
Associates Of Chicago Urban Day School Ltd's revenue in 2021 was $663,822.
Who are the executives of Associates Of Chicago Urban Day School Ltd and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $39,776
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Associates Of Chicago Urban Day School Ltd?
Associates Of Chicago Urban Day School Ltd's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Associates Of Chicago Urban Day School Ltd
Associates of Chicago Urban Day School Ltd is dedicated to providing low-income housing for elderly and disabled individuals. The organization's mission revolves around offering suitable living spaces for eligible tenants who fall under this category. The rent for these tenants is determined based on their ability to pay, as assessed by the HUD (Housing and Urban Development). This initiative by Associates of Chicago Urban Day School Ltd aims to provide a secure and comfortable living environment for individuals who might otherwise struggle with housing due to their economic circumstances and specific needs. The organization's efforts contribute significantly to ensuring that vulnerable elderly and disabled individuals have access to decent housing, thereby enhancing their quality of life.
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Impact
July, 2024
Associates Of Chicago Urban Day School Ltd has a significant impact on the community by providing low-income housing for elderly and disabled individuals in Tinley Park, IL. Through their project, eligible tenants are able to access affordable housing, paying rent based on their ability as determined by HUD. This initiative directly addresses the pressing need for housing assistance among vulnerable populations, ultimately contributing to enhancing their quality of life and promoting community well-being. The organization's focus on human services underscores their commitment to supporting those in need and making a positive difference in the lives of individuals facing economic challenges.
This information is meant to be a general summary of Associates Of Chicago Urban Day School Ltd. 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 2021.
- Investment Income: $404
- Program Service Revenue: $663,418
- Gross Receipts: $663,822
Assets and Liabilities:
- Total Assets: $3,004,425
- Total Liabilities: $1,018,667
- Net Assets: $1,985,758
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER GRANT INCOME
Revenue
$11,820
PPP GRANT
Revenue
$37,902
RENTAL INCOME
Revenue
$126,051
TENANT ASSISTANCE PMTS
Revenue
$485,667
TENANT CHARGES
Revenue
$1,978
Organization Details
Founding Year
2002
Phone
(773) 483-3555Principal Officer
Renee Jordan
Main Address
8201 W 183RD STREET - SUITE K, TINLEY PARK, IL, 60487
NTEE Category
Code: P33Z - Human services
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