Overview
What is Denverside Redevelopment Association?
The Denverside Redevelopment Association, located in East St. Louis, Illinois, is a nonprofit organization with a dedication to providing low-income housing for disadvantaged individuals, including those with disabilities. Their mission involves managing rental units to cater to this specific group, aiming to enhance their living conditions and promote inclusive housing opportunities. The Association's activities primarily revolve around offering affordable housing solutions to those in need, demonstrating their commitment to social welfare and community development.
Is Denverside Redevelopment Association legitimate?
Denverside Redevelopment Association is a legitimate nonprofit organization registered as a 501(c)(4) entity. Denverside Redevelopment Association 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: $168,011
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What is the mission statement of Denverside Redevelopment Association?
The Denverside Redevelopment Association's mission is centered around providing housing solutions. Specifically, it aims to cater to the needs of individuals who are economically disadvantaged and those with disabilities. The association's primary goal is to offer rental units that are accessible and affordable for these individuals, thereby enhancing their living conditions. The organization incurs expenses related to the provision of low-income housing, demonstrating its commitment to this cause.
What is the revenue of Denverside Redevelopment Association?
Denverside Redevelopment Association's revenue in 2022 was $594,656.
Who are the executives of Denverside Redevelopment Association and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Denverside Redevelopment Association?
Denverside Redevelopment Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Denverside Redevelopment Association
Denverside Redevelopment Association, a nonprofit organization, is dedicated to providing housing solutions for individuals who are financially disadvantaged and physically handicapped. Their mission, in essence, is to ensure that these vulnerable groups have access to decent, affordable living spaces. By taking on the expenses associated with providing low-income housing, Denverside Redevelopment Association aims to make a significant impact in the lives of those who often struggle with securing a stable home. Their primary goal is to enhance the living conditions of these individuals, thereby contributing to their overall well-being and quality of life.
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Impact
October, 2024
Denverside Redevelopment Association significantly impacts the East St. Louis community by providing essential rental units for low-income and handicapped individuals. Its commitment to offering affordable housing addresses the critical need for suitable living arrangements for vulnerable populations, helping to alleviate poverty and improve overall quality of life. By focusing on low-income housing, the organization enables residents to secure stable, safe environments, fostering greater community cohesion and empowerment. This initiative not only meets immediate housing needs but also contributes to long-term economic and social stability in the region.
This information is meant to be a general summary of Denverside Redevelopment Association. 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: $11
- Program Service Revenue: $594,645
- Gross Receipts: $594,656
Assets and Liabilities:
- Total Assets: $408,889
- Total Liabilities: $23,469
- Net Assets: $385,420
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME HOUSING
Revenue
$594,645
Organization Details
Founding Year
1968
Principal Officer
Verna Tolden
NTEE Category
Code: L21 - Housing
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