Overview
What is Senior Citizens Housing Development Corporation Of Chicago?
The Senior Citizens Housing Development Corporation of Chicago is a nonprofit organization primarily devoted to providing safe and affordable housing for elderly and handicapped individuals. Based in Plantation, Florida, the corporation operates under the regulation and assistance of the Department of Housing and Urban Development. This organization, known by the Doing Business As names PRETE APT & SENATE APT, houses a team of 15 dedicated employees. They strive to enhance the living conditions of their residents by ensuring their housing needs are met, contributing positively to their overall well-being.
Official website here: www.ehdoc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Senior Citizens Housing Development Corporation Of Chicago has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 71%. While the organization demonstrates strengths in board independence and financial oversight, it falls short in several critical areas of accountability. Notably, it lacks key policies such as a conflict of interest policy, a whistleblower policy, and guidelines for document retention, which are essential for transparency and governance.
The organization has a strong audit and oversight committee, indicated by perfect scores in related metrics, and shows no material diversion of assets. However, its program expense ratio is relatively low at 59.39%, suggesting that a smaller proportion of its expenditures are directed towards its programs. This raises concerns about the effective allocation of resources towards supporting its mission.
Overall, while the Senior Citizens Housing Development Corporation Of Chicago has a solid foundation with independent board governance and financial management, its deficiencies in accountability policies and program funding highlight areas needing significant improvement for better operational integrity and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Senior Citizens Housing Development Corporation Of Chicago legitimate?
Senior Citizens Housing Development Corporation Of Chicago is a legitimate nonprofit organization registered as a 501(c)(3) entity. Senior Citizens Housing Development Corporation Of Chicago 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: $718,850
For more financial information, click here
Official website here: www.ehdoc.org
What is the mission statement of Senior Citizens Housing Development Corporation Of Chicago?
The Senior Citizens Housing Development Corporation of Chicago focuses on providing low-income housing for the elderly and individuals with disabilities. This mission is facilitated through close collaboration with the Department of Housing and Urban Development. The corporation's objective is to ensure that these vulnerable groups have access to suitable housing, thereby enhancing their quality of life. The corporation's activities are regulated and overseen by the Department of Housing and Urban Development to ensure compliance with set standards.
Official website here: www.ehdoc.org
Who is the CEO of Senior Citizens Housing Development Corporation Of Chicago?
Melanie Ribeiro is the Director of Senior Citizens Housing Development Corporation Of Chicago.
Official website here: www.ehdoc.org
What is the revenue of Senior Citizens Housing Development Corporation Of Chicago?
Senior Citizens Housing Development Corporation Of Chicago's revenue in 2022 was $4,249,359.
Official website here: www.ehdoc.org
Who are the executives of Senior Citizens Housing Development Corporation Of Chicago and what are their salaries?
The average compensation at Senior Citizens Housing Development Corporation Of Chicago during 2022 was $47,923. There are 15 employees at Senior Citizens Housing Development Corporation Of Chicago.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $296,416
- Other: $110,501
- Compensation: $0
- Related: $26,541
- Other: $4,777
- Compensation: $0
- Related: $9,500
- 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: $0
- Related: $0
- Other: $0
Official website here: www.ehdoc.org
Where can I find the form 990 for Senior Citizens Housing Development Corporation Of Chicago?
Senior Citizens Housing Development Corporation Of Chicago's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ehdoc.org
Learn more at the official website: www.ehdoc.org
Mission Statement of Senior Citizens Housing Development Corporation Of Chicago
The Senior Citizens Housing Development Corporation of Chicago is dedicated to providing low-income housing solutions for the elderly and individuals with disabilities. This nonprofit organization operates under the regulation and assistance of the Department of Housing and Urban Development (HUD). Their mission is to create and maintain suitable living environments for this specific demographic, aiming to improve their overall quality of life. By providing housing that is both affordable and accessible, the Senior Citizens Housing Development Corporation of Chicago seeks to empower these individuals and contribute to their well-being.
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Impact
July, 2024
The Senior Citizens Housing Development Corporation of Chicago provides vital support and assistance to low-income elderly and handicapped individuals in need of housing. By operating low-income housing that is regulated and assisted by the Department of Housing and Urban Development, this organization plays a crucial role in ensuring that vulnerable populations have access to safe and affordable living arrangements. Through its mission of serving the elderly and handicapped, the Senior Citizens Housing Development Corporation of Chicago positively impacts the lives of those who require specialized housing options and assistance in maintaining their independence and quality of life.
This information is meant to be a general summary of Senior Citizens Housing Development Corporation Of Chicago. 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: $875
- Program Service Revenue: $4,241,680
- Gross Receipts: $4,249,359
Assets and Liabilities:
- Total Assets: $5,041,193
- Total Liabilities: $2,435,164
- Net Assets: $2,606,029
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PAYMENTS
Revenue
$3,210,588
TENANT RENT
Revenue
$1,031,092
Organization Details
Founding Year
1976
Phone
(954) 835-9200Principal Officer
Melanie Ribeiro
Main Address
1200 SOUTH PINE ISLAND ROAD STE 725, PLANTATION, FL, 33324
Website
www.ehdoc.orgNTEE Category
Code: L22 - Housing
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