Overview
What is Community Management Association Inc?
Community Management Association Inc is a nonprofit organization situated in Westmont, Illinois. Its primary focus is providing real estate management services for affordable and HUD-regulated properties. Specifically, it serves four low-income housing properties owned by affiliated nonprofits who are developers and operators of affordable housing. The organization plays a crucial role in ensuring the proper maintenance and management of these properties, thereby contributing to the well-being of their low-income residents.
Is Community Management Association Inc legitimate?
Community Management Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Management Association 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: $134,280
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Community Management Association Inc?
Community Management Association Inc is dedicated to providing real estate management services for affordable and HUD-regulated properties. They serve three low-income properties affiliated with non-profit developers and operators of affordable housing. Their mission is to ensure the proper management and maintenance of these properties, ensuring that low-income individuals have access to decent and affordable housing. The organization works to uphold the regulations set by the HUD and ensures that the properties are well-maintained and meet the needs of their residents.
Who is the CEO of Community Management Association Inc?
Christine Oliver is the Principal Officer of Community Management Association Inc.
What is the revenue of Community Management Association Inc?
Community Management Association Inc's revenue in 2022 was $178,544.
Who are the executives of Community Management Association Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $384,300
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $65,648
- Other: $0
Where can I find the form 990 for Community Management Association Inc?
Community Management Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Community Management Association Inc
Community Management Association Inc, as a nonprofit organization, is dedicated to providing real estate management services for affordable and HUD-regulated properties. Their mission is to assist three low and moderate income properties that are affiliated with the organization. By offering these services, they aim to support the developers-operators of these properties, ensuring the smooth and efficient operation of affordable housing. The organization's role is vital in ensuring that these properties meet the necessary regulations and standards, thereby providing safe and comfortable living environments for their residents.
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Impact
October, 2024
Community Management Association Inc plays a significant role in addressing the housing needs of low and moderate-income individuals by providing essential real estate management services for affordable and HUD-regulated properties. By managing multiple properties, the organization ensures that these housing options remain accessible and well-maintained, directly impacting the quality of life for residents.
Their efforts contribute to the stability of communities by fostering safe and affordable living environments, which can enhance overall community well-being. The organization’s expertise in handling the complexities of affordable housing management helps to promote sustainable housing solutions while supporting affiliated nonprofits that develop and operate these vital resources. Through their services, Community Management Association Inc actively supports the creation and upkeep of homes where individuals and families can thrive, ensuring that affordable housing remains a viable option for those in need.
This information is meant to be a general summary of Community Management Association 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.
- Program Service Revenue: $178,544
- Gross Receipts: $178,544
Assets and Liabilities:
- Total Assets: $6,718,925
- Total Liabilities: $6,349,437
- Net Assets: $369,488
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT , BOOKKEEPING
AND OTHER MGT AGENT
REVENUE
Revenue
$178,544
Organization Details
Founding Year
1990
Phone
(630) 789-6709Principal Officer
Christine Oliver
Main Address
PO BOX 605, WESTMONT, IL, 60559
NTEE Category
Code: L20Z - Housing
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