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New Beginning Affordable Homes

New Beginning Affordable Homes

Homewood, IL
Tax ID46-2718024

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About this organization

Revenue

$231,808

Expenses

$230,189

Mission

Rehabilitate low income housing projects for people with income under the poverty line. Buy houses and sell to underprivileged people in Chicago land who cannot afford homes through conventional means.

About

Organization assisted dozens of low income housing owners to rehabilitate their properties. They also purchased peoperties for underprivileged low income housing clients to own or rent property that they could not afford through conventional financing. Company screened the clients to determine that they qualified for low income housing in the City of Chicago and vicinity.

Interesting data from their 2019 990 filing

The non-profit's aim, as stated in the filing, is “Rehabilitate low income housing projects for people with income under the poverty line. buy houses and sell to underprivileged people in chicago land who cannot afford homes through conventional means.”.

When referring to its actions, they were outlined as: “Rehabilitate low income housing projects for people with income under the poverty line. buy houses and sell to underprivileged people in chicago land who cannot afford homes through conventional means.”.

  • The non-profit has complied with legal obligations by reporting their state of operation as IL.
  • The non-profit's address in 2019 is noted in the filing as 24345 S Timberline Trail, Crete, IL, 60417.
  • The non-profit's form for 2019 reports a total of 0 employees.
  • 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 between $100,000 and $250,000.
  • Revenue is between $100,000 and $250,000.
  • Revenue less expenses is $1,619.
  • The CEO compensation package within the organization is not established through a review and approval by a neutral party.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 3 independent voting members.
  • The organization was formed in 2013.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization pays $0 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.

Additional Non-Profits in the area

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