Overview
What is Affordable Housing Of Bloomington Inc?
Affordable Housing of Bloomington Inc is a nonprofit organization situated in Bloomington, Illinois. Their primary mission is to develop, construct, manage, and operate affordable and low-income housing within the area. They also extend their services to the broader community, providing social assistance to residents living in affordable housing projects and the general Bloomington population. In addition, the organization actively seeks to purchase, build, and redevelop properties to promote affordable housing in the region.
Is Affordable Housing Of Bloomington Inc legitimate?
Affordable Housing Of Bloomington Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Affordable Housing Of Bloomington Inc submitted a form 990EZ, 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.
What is the mission statement of Affordable Housing Of Bloomington Inc?
Affordable Housing Of Bloomington Inc's mission is centered around creating, developing, constructing, operating, purchasing, and managing affordable and low-income housing. The organization extends its services to the wider community, providing social and community services to residents in affordable housing projects. Moreover, Affordable Housing of Bloomington actively seeks opportunities to purchase, build, acquire, and redevelop properties to promote low-income and moderate housing.
Who is the CEO of Affordable Housing Of Bloomington Inc?
Terry Koch is the President of Affordable Housing Of Bloomington Inc.
What is the revenue of Affordable Housing Of Bloomington Inc?
Affordable Housing Of Bloomington Inc's revenue in 2022 was $137,594.
Who are the executives of Affordable Housing Of Bloomington Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990EZ for Affordable Housing Of Bloomington Inc?
Affordable Housing Of Bloomington Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Affordable Housing Of Bloomington Inc
Affordable Housing of Bloomington, as an organization, is committed to a mission that involves creating, developing, constructing, managing, purchasing, and operating affordable and/or low-income housing, as well as moderate-income housing in various settings. This mission extends beyond just housing, as the organization also provides community and social services to the residents of these affordable housing projects and the broader Bloomington, Illinois area. In addition, Affordable Housing of Bloomington is actively engaged in purchasing, building, acquiring, and redeveloping property with the aim of fostering low-income and moderate housing opportunities. The overall goal of this nonprofit is to contribute to the provision of affordable housing options and support services for individuals and families in need.
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Impact
October, 2024
Affordable Housing of Bloomington Inc has a significant impact on the Bloomington, Illinois community by addressing the critical need for affordable, low-income, and moderate-income housing. Through its comprehensive approach, the organization not only develops and manages housing projects but also actively engages in the purchase and redevelopment of properties to foster increased accessibility for those in need.
By creating and maintaining affordable housing options, the organization helps to stabilize families and individuals, enabling them to secure safe and reliable living conditions. This stability is essential for fostering a sense of community and belonging, which is further reinforced through the social and community services offered to residents.
Moreover, Affordable Housing of Bloomington Inc contributes to the overall economic health of the area by revitalizing neighborhoods and supporting the local economy through construction and development activities. The presence of affordable housing can enhance the quality of life for residents, reduce homelessness, and promote social equity within the community.
In essence, the organization's efforts play a vital role in shaping a more inclusive and supportive environment for all residents of Bloomington, ensuring that housing is not just a basic necessity but a foundation for a prosperous and fulfilling life.
This information is meant to be a general summary of Affordable Housing Of Bloomington 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: $137,594
- Gross Receipts: $137,594
Assets and Liabilities:
- Total Assets: $135,514
- Total Liabilities: $0
- Net Assets: $135,514
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Organization Details
Phone
(309) 829-3360Principal Officer
Terry Koch
Main Address
104 EAST WOOD STREET, BLOOMINGTON, IL, 61701
NTEE Category
Code: L20 - Housing
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