nw homestart inc

nw homestart inc

Freeport, IL 61032
Tax ID36-4143938

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About this organization

Revenue

$1,181,306

Expenses

$1,287,805

Mission

HomeStart is committed to creating vibrant, healthy communities in Northern Illinois by connecting people and families to beneficial, affordable housing resources and by leading community-based solutions to local challenges

About

Home ownership preservation: Homestart assists people who are facing foreclosure. In 2018, Homestart offered a variety of options for people facing foreclosure, including the foreclosure mediation program, and the Illinois hardest hit program. We also assisted many others with obtaining loan modifications and accessing other programs. In 2018, Homestart assisted over 118 families avoid foreclosure. In addition, Homestart assisted 32 families with home rehabilitation grants in Rockford.

Interesting data from their 2019 990 filing

The non-profit's aim, as indicated in the filing, is “To create vibrant, healthy communities in northern illinois by connecting individuals and families to beneficial, affordable housing resources and by leading community-based solutions to local challenges”.

When referring to its functions, they were specified as: “To create vibrant, healthy communities in northern illinois by connecting individuals and families to beneficial, affordable housing resources and by leading community-based solutions to local challenges”.

  • The non-profit has reported their operating state as IL, as required by law.
  • As stated in the filing, the non-profit's address in 2019 was 307 W MAIN ST, FREEPORT, IL, 61032.
  • The non-profit's form reports a total of 14 employees as of 2019.
  • The non-profit has outstanding loans as of 2019.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Provides 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 -$106,499.
  • The CEO's salary policy within the organization is established through a review process by an impartial entity.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 14 independent voting members.
  • The organization was formed in 1997.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $416,933 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 has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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