NonprofitsChicago Metropolitan Housing Development Corporation

Housing & Shelter

Chicago Metropolitan Housing Development Corporation

CHICAGO, IL

Total revenue

$11.6M

Total expenses

$10.9M

Net assets

$1.4M

Grants received

$150K

2 grants

EIN

363833156

Tax year

2024

Mission

Cmhdcs mission is to retain and develop properties with both affordable and market rate housing in the chicago metropolitan area . Cmhdc targets areas vulnerable to affordable housing shortages.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$10.6M
Investment income$45K
Other revenue$970K
Total revenue$11.6M

Expenses

Grants paid
Salaries & benefits$779K
Fundraising
Other expenses$10.1M
Total expenses$10.9M
Total assets$48.8M
Net assets$1.4M

People

9 listed

NameRoleCompensation

RAFAEL LEON

CHIEF EXECUTIVE OFFICER

Board

$226K

40 hrs/wk

PAMELA DANIELS HALISI

TREASURER/SECY

Board

1 hrs/wk

STACIE YOUNG

DIRECTOR

Board

0.5 hrs/wk

BRUCE MARTIN

PRESIDENT/DIR

Board

2 hrs/wk

THEODORE WELDON III

DIRECTOR

Board

0.5 hrs/wk

MARLA KAIDEN

DIRECTOR

Board

0.5 hrs/wk

GUACOLA REYES

DIRECTOR

Board

0.5 hrs/wk

JACK MARKOWSKI

DIRECTOR

Board

1 hrs/wk

RUSSELL RYDIN

CHIEF OPERATING OFFICER

Staff

$143K

40 hrs/wk

Independent contractors

ROSENTHAL INSURANCE

INSURANCE

$566K

URBAN EQUITIES REAL ESTATE

PROPERTY MANAGEMENT

$234K

KASS MANAGEMENT

PROPERTY MANAGEMENT

$215K

Grants received

Showing 2 of 2

FromAmountPurposeYear
$125K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2024
$25K
RESILIENCE - CLIMATE RISK REDUCTION
2024

Funded by

$150K from 2 funders · 2 grants · 2024

Jpmorgan Chase Foundation

$125K · 1 grant · 2024

Enterprise Community Partners Inc

$25K · 1 grant · 2024

Details

EIN363833156
NTEE codeL800
Subsection03
Ruling date1997-11
Formed1982
Employees5
Volunteers0
CHICAGO METROPOLITAN HOUSING DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo