Overview
What is Hcp Of Illinois Inc?
Hcp Of Illinois Inc is a nonprofit organization situated in Chicago, Illinois. Their primary mission is to combat intergenerational poverty by advocating for strategies that foster racial and economic diversity in the housing market, with a significant focus on the Chicago area and beyond. To achieve this goal, they are contracted by the Chicago Housing Authority to administer the Mobility Counseling Program for Housing Choice Voucher participants. Through this program, they offer household-level case management, information, resources, and support, enabling participants to explore various housing options and overcome barriers to living in their desired neighborhoods. Hcp Of Illinois Inc has a team of 22 dedicated individuals working towards these objectives.
Official website here: www.housingchoicepartners.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Stars)
Hcp Of Illinois Inc has achieved a strong Four-Star rating from Charity Navigator, reflecting its commitment to accountability and financial transparency. With a perfect score in key areas such as board independence and thorough financial oversight, the organization demonstrates a robust governance structure that prioritizes responsible management of resources.
The organization excels in its financial performance, with an impressive program expense ratio of 96.35%, indicating that the majority of its funds are directed towards its mission-driven programs. Additionally, it has implemented comprehensive policies including conflict of interest and whistleblower protections, ensuring ethical operations and accountability.
However, the organization has a liabilities to assets ratio of 62.40%, which may signal potential financial risk. While the high program expense ratio is commendable, stakeholders should monitor this aspect to ensure long-term sustainability and operational effectiveness. Overall, Hcp Of Illinois Inc presents a strong case for support due to its transparency and commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Hcp Of Illinois Inc legitimate?
Hcp Of Illinois Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hcp Of Illinois 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: $146,535
Professional Fundraising Fees: $0
Other Salaries and Wages: $803,651
For more financial information, click here
Official website here: www.housingchoicepartners.org
What is the mission statement of Hcp Of Illinois Inc?
Hcp Of Illinois Inc's mission is centered around reducing intergenerational poverty. They achieve this by advocating for strategies that promote racial and economic diversity in the housing market, with a primary focus on the Chicago area and nationwide. Their goal is to ensure a diverse housing market, which they believe can contribute significantly to breaking the cycle of poverty.
In order to execute this mission, Hcp Of Illinois Inc is contracted by the Chicago Housing Authority to administer the Mobility Counseling Program for Housing Choice Voucher participants. Through this program, they provide household-level case management, information, resources, and support to participants, helping them understand their full range of housing options and overcoming any barriers to moving to their desired neighborhood.
In the past year, Hcp Of Illinois Inc has assisted approximately 1,200 households in this capacity.
Official website here: www.housingchoicepartners.org
Who is the CEO of Hcp Of Illinois Inc?
Catherine Johnson is the Board Chair of Hcp Of Illinois Inc.
Official website here: www.housingchoicepartners.org
What is the revenue of Hcp Of Illinois Inc?
Hcp Of Illinois Inc's revenue in 2022 was $3,359,733.
Official website here: www.housingchoicepartners.org
Who are the executives of Hcp Of Illinois Inc and what are their salaries?
The average compensation at Hcp Of Illinois Inc during 2022 was $43,190. There are 22 employees at Hcp Of Illinois Inc.
Here are 10 key members and their salaries:
- Compensation: $0
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $84,284
- Related: $0
- Other: $0
- Compensation: $62,251
- Related: $0
- Other: $0
Official website here: www.housingchoicepartners.org
Where can I find the form 990 for Hcp Of Illinois Inc?
Hcp Of Illinois Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.housingchoicepartners.org
Learn more at the official website: www.housingchoicepartners.org
Mission Statement of Hcp Of Illinois Inc
Hcp Of Illinois Inc, a notable nonprofit organization, is committed to mitigating intergenerational poverty by advocating for strategies that foster racial and economic diversity in the housing market, with a primary focus on the Chicago area and beyond. Their mission is twofold: firstly, they aim to encourage diversity in the housing market, and secondly, they strive to reduce poverty across generations. This approach seeks to create a more equitable housing landscape, providing opportunities for a broader range of individuals and families.
In line with this mission, Hcp Of Illinois Inc plays a crucial role in the Chicago Housing Authority's Mobility Counseling Program for Housing Choice Voucher participants. Their role encompasses providing household-level case management, resources, information, and support, enabling participants to explore their full range of housing options and overcome any barriers that may prevent them from moving to their desired neighborhood. By doing so, Hcp Of Illinois Inc contributes to a more inclusive and diverse housing market, ultimately working towards reducing poverty and breaking the cycle of intergenerational disadvantage. Their efforts, thus, are instrumental in promoting social equity and fostering a more inclusive society.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
HCP of Illinois Inc. plays a crucial role in addressing inter-generational poverty by promoting strategies that encourage racial and economic diversity within the housing market, particularly in the Chicago area. Their impactful work includes administering the Mobility Counseling Program for Housing Choice Voucher participants, a vital initiative that supports approximately 1,200 households.
Through this program, HCP provides essential household-level case management alongside resources and information that empower participants to understand their housing options fully. By addressing and helping to overcome barriers to relocation, HCP equips individuals and families with the knowledge and support they need to move into neighborhoods that align with their aspirations and needs.
This targeted effort not only facilitates access to more diverse housing opportunities but also contributes to the broader goal of fostering inclusive communities, which can lead to improved socio-economic outcomes for families and ultimately reduce the cycle of poverty. HCP's focus on diversity and equity in housing not only benefits individual households but also strengthens the fabric of the communities in which they live, making a significant impact locally and on a national scale.
This information is meant to be a general summary of Hcp Of Illinois 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: $909
- Gross Receipts: $3,359,733
Assets and Liabilities:
- Total Assets: $1,601,624
- Total Liabilities: $1,072,393
- Net Assets: $529,231
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1995
Phone
(312) 386-1009Principal Officer
Catherine Johnson
Main Address
228 S WABASH SUITE 500, CHICAGO, IL, 60604
NTEE Category
Code: L80 - Housing
If you are a representative of Hcp Of Illinois Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.