Overview
What is Historic Chicago Bungalow Assoc?
The Historic Chicago Bungalow Association, situated in Chicago, Illinois, is a nonprofit organization with a mission to preserve and celebrate the distinctive Chicago Bungalow architectural style. With a team of five dedicated individuals, they offer technical assistance and grants to help enhance the energy efficiency of Bungalows owned by low and moderate-income families and individuals. Their purpose extends beyond preservation; they also aim to foster appreciation for this unique housing type and assist with renovation projects. The Association's goal is to contribute positively to the community by preserving the rich heritage of Chicago Bungalows.
Official website here: www.chicagobungalow.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
The Historic Chicago Bungalow Association has received a Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance with an overall score of 88%. This rating reflects a solid commitment to transparency and responsible financial management, as evidenced by a perfect score in areas such as independent board member representation and oversight of financial statements.
The organization demonstrates a high level of accountability, with 100% independent board members and no material diversion of assets. Its program expense ratio stands at 81.97%, suggesting that a substantial portion of its budget is directed towards its core mission. However, there are some noted limitations, such as the absence of a whistleblower policy and document retention procedures.
Overall, while the Historic Chicago Bungalow Association excels in several key financial metrics, enhancing its governance policies could further improve its rating and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Historic Chicago Bungalow Assoc legitimate?
Historic Chicago Bungalow Assoc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Historic Chicago Bungalow Assoc 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: $824,045
For more financial information, click here
Official website here: www.chicagobungalow.org
What is the mission statement of Historic Chicago Bungalow Assoc?
The Historic Chicago Bungalow Association is committed to preserving the unique architectural style of Chicago Bungalows. Their mission is to cultivate an appreciation for this housing type and aid in its restoration efforts. The organization provides technical assistance and grants to enhance the energy efficiency of Chicago Bungalows, primarily for low and moderate income homeowners, fostering sustainable living within these iconic homes.
Official website here: www.chicagobungalow.org
Who is the CEO of Historic Chicago Bungalow Assoc?
Mary Ellen Guest is the Executive Director of Historic Chicago Bungalow Assoc.
Official website here: www.chicagobungalow.org
What is the revenue of Historic Chicago Bungalow Assoc?
Historic Chicago Bungalow Assoc's revenue in 2022 was $1,303,168.
Official website here: www.chicagobungalow.org
Who are the executives of Historic Chicago Bungalow Assoc and what are their salaries?
The average compensation at Historic Chicago Bungalow Assoc during 2022 was $164,809. There are 5 employees at Historic Chicago Bungalow Assoc.
Here are 8 key members and their salaries:
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Official website here: www.chicagobungalow.org
Where can I find the form 990 for Historic Chicago Bungalow Assoc?
Historic Chicago Bungalow Assoc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chicagobungalow.org
Learn more at the official website: www.chicagobungalow.org
Mission Statement of Historic Chicago Bungalow Assoc
The Historic Chicago Bungalow Association is committed to safeguarding and celebrating the unique Chicago Bungalow architectural style. Their mission is twofold: firstly, to cultivate a deep appreciation for this distinctive housing type, and secondly, to support and facilitate the renovation of Chicago Bungalows, particularly for low and moderate income families and individuals. The Association aims to achieve these objectives by providing technical assistance and grants to improve the energy efficiency of these historic properties. By doing so, they contribute to the preservation of the Chicago Bungalow style while making these homes more sustainable and affordable for their owners.
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Impact
October, 2024
The Historic Chicago Bungalow Association plays a vital role in the preservation and enhancement of the unique Chicago Bungalow architectural style. By fostering appreciation for these distinctive homes, the organization helps to maintain the rich cultural heritage of Chicago neighborhoods.
The association actively encourages and assists residents with rehabilitation projects, providing technical assistance and grants aimed at improving the energy efficiency of bungalows. This support is particularly beneficial for low and moderate-income individuals and families, enabling them to enhance their homes' sustainability while preserving their historical significance.
Through its initiatives, the association not only safeguards the architectural integrity of Chicago Bungalows but also contributes to the overall vitality and character of the city. This commitment to preservation and community support strengthens neighborhoods, making them more livable and attractive for current and future generations.
This information is meant to be a general summary of Historic Chicago Bungalow Assoc. 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.
- Gross Receipts: $1,303,168
Assets and Liabilities:
- Total Assets: $946,752
- Total Liabilities: $17,958
- Net Assets: $928,794
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Organization Details
Founding Year
2000
Principal Officer
Mary Ellen Guest
Main Address
53 W Jackson Blvd STE 740, Chicago, IL, 60604
Website
www.chicagobungalow.orgNTEE Category
Code: L81 - Housing
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