NonprofitsOak Park Residence Corp

Oak Park Residence Corp

OAK PARK, IL

Total revenue

$10.6M

Total expenses

$10.5M

Net assets

Grants received

$2M

2 grants

EIN

362666771

Tax year

2024

Mission

The organization was established to promote the progress and general welfare of the residents of the village of oak park, illinois by improving or causing to be improved substandard oak park housing stock and developing projects and activities for the prevention and elimination of blight influence and in cooperation with government and civic bodies for the prevention and elimination of racial and ethnic prejudice and discrimination. The organization also assists the local government in implementing its fair housing ordinance, instructs and councels individuals and groups on housing management standards, housing rehabilitation techniques and improvement of residential properties to provide elderly persons and handicapped persons with housing facilities to meet their physical needs to promote their health, security, happiness, and usefulness in longer living.

Programs

1 program

Operation of the oaks, an apartment complex for the eldery and physically handicapped that is subsudized by the u.s. Department of housing and urban development.

Expenses: $967K

Financials

FY 2024

Revenue

Contributions & grants$895K
Program service revenue$9.7M
Investment income$17K
Other revenue
Total revenue$10.6M

Expenses

Grants paid
Salaries & benefits$1.8M
Fundraising
Other expenses$8.8M
Total expenses$10.5M
Total assets$55.2M
Net assets

People

9 listed

NameRoleCompensation

DAVID G POPE

CEO

Board

$186K

35 hrs/wk

DARIAN BLOOM

DIRECTOR

Board

1 hrs/wk

RYAN VON DREHLE

DIRECTOR

Board

1 hrs/wk

PETER GONZALEZ

TREASURER

Board

1 hrs/wk

MAJORIE GREENWALD

SECRETARY

Board

1 hrs/wk

NANCY LEAVY

DIRECTOR

Board

1 hrs/wk

WAYNE PIERCE

CHAIR

Board

1 hrs/wk

CODY POWELL

DIRECTOR

Board

1 hrs/wk

JENNIFER STRATMAN

VICE CHAIR

Board

1 hrs/wk

Independent contractors

SYNERGY CONSTRUCTION

BLDG CONSULTANT

$1.4M

MGD ELECTRIC INC

ELEC INSTALL

$972K

EIFS SPECIALTIES INC

$661K

VALDEX CONSTRUCTION INC

$654K

ESTRUCTURAS INC

$547K

Grants received

Showing 2 of 2

FromAmountPurposeYear
$1.4M
7 Van Buren Net Zero Energy Multifamily Residence
2023
$600K
7 Van Buren Net Zero Energy Multifamily Residence
2022

Funded by

$2M from 1 funder · 2 grants · 2022–2023

Illinois Clean Energy Community Foundation

$2M · 2 grants · 2022–2023

Details

EIN362666771
Subsection03
Ruling date1977-04
Formed1979
Employees50
OAK PARK RESIDENCE CORP — Mission, Financials & Grants Received | Grantivo