NonprofitsAffordable Housing Corporation Of Lake County

Human Services

Affordable Housing Corporation Of Lake County

LIBERTYVILLE, IL

Total revenue

$2.9M

Total expenses

$2.9M

Net assets

$1.3M

Grants received

$36K

2 grants

EIN

363873457

Tax year

2024

Mission

To provide decent, safe and sanitary housing that is affordable to low and moderate-income persons and to stabilize and strengthen communities by improving the local housing stock. The corporation shall administer programs that revitalize neighborhoods and increase and preserve affordable housing options in the northern section of the chicago metropolitan statistical area.

Programs

3 programs

Acquisition, rehabilitation, and resale of affordable hosuing for low-to-moderate income households (arui).

Expenses: $1.2M

Other program management (opm)

Expenses: $118K

Ihda single family rehab, rental housing support program, owner occupied rehab (oor), home accessibility program (hap) and other programs.

Expenses: $252K

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$2.8M
Investment income$18K
Other revenue$4K
Total revenue$2.9M

Expenses

Grants paid$43K
Salaries & benefits$556K
Fundraising
Other expenses$2.3M
Total expenses$2.9M
Total assets$1.9M
Net assets$1.3M

People

6 listed

NameRoleCompensation

BRADLEY DENNISON

PRESIDENT

Board

$119K

40 hrs/wk

MICHAEL MADER

PRESIDENT

Board

$65K

40 hrs/wk

TIMOTHY JOHNSTON

CHAIR

Board

1 hrs/wk

MICHAEL DEBLAUW

SECRETARY/TREASURER

Board

1 hrs/wk

ROBERT ANTHONY

DIRECTOR

Board

1 hrs/wk

WILLIAM POWERS

CHAIR

Board

1 hrs/wk

Independent contractors

MAURICIO SOLANO

REAL ESTATE SERVICES

$119K

RUDY ORTEGA

REAL ESTATE SERVICES

$117K

Grants received

Showing 2 of 2

FromAmountPurposeYear
$30K
CAPACITY BUILDING GRANTS
2018
$6K
Unrestricted
2018

Funded by

$36K from 2 funders · 2 grants · 2018

Forefront

$30K · 1 grant · 2018

Network For Good

$6K · 1 grant · 2018

Details

EIN363873457
NTEE codeP20Z
Subsection03
Ruling date1994-03
Formed1992
Employees5
Volunteers4
AFFORDABLE HOUSING CORPORATION OF LAKE COUNTY — Mission, Financials & Grants Received | Grantivo