Kenmore Plaza Tenants Association

Kenmore Plaza Tenants Association

Chicago, IL 60640
Tax ID36-4084071

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About this organization

Revenue

$3,470,502

Expenses

$4,581,062

Mission

Provide affordable housing to low and moderate income elderly residents

About

Administration and maintenance of a 324-unit apartment complex in Chicago, IL acquired with a HUD grant under the low-income housing preservation and homeownership act of 1990. During the reporting period, the association operated the property for the benefit of low to moderate income individuals.

Interesting data from their 2020 990 filing

The filing documents outline the non-profit's mission as “Provide affordable housing to low and moderate income elderly residents”.

When outlining the tasks it performs, they were referred to as: “Provide affordable housing to low and moderate income elderly residents”.

  • The non-profit's reported state of operation is IL as per legal requirements.
  • The filing reveals that the address of the non-profit in 2020 is C/O MGMT OFFICE 5225 N KENMORE, CHICAGO, IL, 60640.
  • As of 2020, the non-profit has 0 employees reported on their 990 form.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$1,110,560.
  • The compensation policy for the CEO of the organization is established through a review and endorsement from an independent source.
  • The organization has a written policy that delegates the management duties.
  • The organization elects its board members.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 8 independent voting members.
  • The organization was formed in 1996.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $648,462 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization's financial statements were reviewed by an accountant.

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