Evanston Housing Corporation
- Assets
- $2.1m
- Revenue
- $219.0
- Investments
- $0.0
- Employees
- 0
- Location
- Evanston, IL
- Founding
- Data as of
- 12/2015
- EIN
- 36-3672885
Organization Overview
Evanston Housing Corporation is located in Evanston, IL. Evanston Housing Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2015
Describe the Organization's Mission:
Part 3 - Line 1
MORTGAGES - 1ST TIME HOME BUYERS FOR RESIDENTS OF THE CITY OF EVANATON WITH HOUSEHOLD INCOME NOT EXCEEDING 100% OF THE MEDIAN INCOME FOR THE CITY OF EVANSTON.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LENDING FUNDS TO QUALIFIED, INCOME ELIGIBLE, FIRST TIME HOME BUYERS IN THE CITY OF EVANSTON. HOWEVER, THE ORGANIZATION TERMINATED ITS FIRST TIME HOME BUYER LOAN PROGRAM AND NO PROGRAM SERVICE EXPENSES WERE INCURRED.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin Lyons President/se | OfficerTrustee | $0 | |
Elizabeth Tisdahl Treasurer | OfficerTrustee | $0 | |
Andrew Decoux Director | Trustee | $0 | |
Jane Haines Director | Trustee | $0 | |
Michael Ciaccia Director | Trustee | $0 | |
Mark Lenhardt Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $219 |
| 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 | $219 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $21 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,565 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,468 |
| Total functional expenses | $15,054 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,585 |
| Savings and temporary cash investments | $2,011,217 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,091,802 |
| Accounts payable and accrued expenses | $168,147 |
| 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 | $3,064,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,232,147 |
| Unrestricted restricted net Assets | -$1,140,345 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | -$1,140,345 |