Oak Park Regional Housing Center
- Assets
- $1.1m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 17
- Location
- Oak Park, IL
- Founding
- 07/1972
- Data as of
- 12/2021
- EIN
- 23-7181388
Organization Overview
Oak Park Regional Housing Center is located in Oak Park, IL. The organization was established in 1972. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Oak Park Regional Housing Center employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oak Park Regional Housing Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Oak Park Regional Housing Center generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 5.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ACHIEVE MEANINGFUL AND LASTING DIVERSITY THROUGHOUT OAK PARK AND THE SURROUNDING COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HC/ED - TO PROVIDE HUD APPROVED HOME BUYER EDUCATION AND COUNSELING TO ASSIST POTENTIAL BUYERS THROUGH THE HOME BUYER PROCESS.TO PROVIDE EXPANDED HOUSING OPPORTUNITIES THROUGH APARTMENT RENTAL REFERRALS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Athena Williams Executive Dir. | Officer | 40 | $107,739 |
Fabiola Candlish President | Trustee | 2 | $0 |
Charlton Seward V.p./ Treasurer | Trustee | 2 | $0 |
Tracey Wik Secretary | Trustee | 2 | $0 |
Victoria Vann Director | Trustee | 2 | $0 |
Abigail Ingram Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,394 |
| Related organizations | $0 |
| Government grants | $1,502,354 |
| All other contributions, gifts, grants, and similar amounts not included above | $441,226 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,945,974 |
| Total Program Service Revenue | $10,399 |
| Investment income | $247 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,956,620 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $107,739 |
| Compensation of current officers, directors, key employees. | $1,077 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $568,283 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $87,949 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $173,585 |
| Advertising and promotion | $149,273 |
| Office expenses | $98,340 |
| Information technology | $198,864 |
| Royalties | $0 |
| Occupancy | $22,117 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,355 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,045 |
| Insurance | $7,909 |
| All other expenses | $20,845 |
| Total functional expenses | $1,558,807 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $298,255 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $656,100 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $78,869 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $37,278 |
| Total assets | $1,070,502 |
| Accounts payable and accrued expenses | $78,175 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $126,037 |
| Other liabilities | $800 |
| Total liabilities | $205,012 |
| Net assets without donor restrictions | $865,490 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,070,502 |
Grants Awarded
Over the last fiscal year, Oak Park Regional Housing Center has awarded $37,264 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Columbia, MD PURPOSE: HUD - Fair Housing Initiatives Program | $21,194 |
Chicago, IL PURPOSE: HUD - Fair Housing Initiatives Program | $16,070 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Oak Park Regional Housing Center has recieved totaling $389,980.
| Awarding Organization | Amount |
|---|---|
Iff Chicago, IL PURPOSE: Housing Consultant for project development | $304,000 |
Fifth Third Bank Chicagoland Foundation Rosemont, IL PURPOSE: COMMUNITY | $35,000 |
Fifth Third Bank Chicagoland Foundation Rosemont, IL PURPOSE: COMMUNITY | $35,000 |
Good Heart Work Smart Foundation Oak Park, IL PURPOSE: EXEMPT PURPOSE OF ORGANIZATION | $10,000 |
Marquette Bank Affordable Housing Foundation Chicago, IL PURPOSE: COMMUNITY DEVELOPMENT | $5,000 |
The Pierce Family Charitable Foundation Wilmington, DE PURPOSE: PROFESSIONAL DEVELOPMENT | $895 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Contacts Inc Elgin, IL | $3,819,582 | $12,869,082 |
Institute For Community Alliances Des Moines, IA | $2,443,302 | $12,133,028 |
New Directions Housing Corporation Louisville, KY | $27,737,851 | $9,868,214 |
Western Home Services Inc Cedar Falls, IA | $36,931,248 | $9,460,886 |
Chicago Metropolitan Housing Development Corporation Chicago, IL | $46,092,100 | $7,394,940 |
Partners For Community Development Inc Sheboygan, WI | $8,253,882 | $7,968,342 |
West Chicago Preservation Corp Chicago, IL | $9,151,204 | $2,715,959 |
Cedar Lake Residences Inc Louisville, KY | $2,301,086 | $7,918,008 |
Ahepa Affordable Housing Management Company Inc Fishers, IN | $29,875,447 | $8,886,631 |
Justine Petersen Housing And Reinvestment Corporation Saint Louis, MO | $49,338,747 | $7,649,655 |
Bridge Communities Inc Glen Ellyn, IL | $16,127,143 | $5,545,489 |
Appalachian Foothills Housing Agency Incorporated Wurtland, KY | $1,707,535 | $4,881,556 |