Affordable Housing Centers Of America in Chicago, Illinois (IL)

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Affordable Housing Centers Of America
Employer Identification Number (EIN)721048321
Name of OrganizationAffordable Housing Centers Of America
Address209 W Jackson Blvd Ste 301, Chicago, IL 60606-6939
ActivitiesLow and moderate income housing
SubsectionCharitable Organization
Ruling Date03/1990
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Tax Period06/2011
Assets$1,000,000 to $4,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$2,296,038
Amount of Income$3,446,267
Form 990 Revenue Amount$3,234,804


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Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$3,234,804
Contributions, Gifts, Grants and Other Similar Amounts$3,326,720
Program Service Revenue$36,668
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$3,240
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net loss from sales of assets other than inventory$-136,221
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $75,242
Less: cost or other basis and sales expenses (Securities / Other)$0 / $211,463
Gain or (loss) (Securities / Other)$0 / $-136,221
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$4,397
Statement of Functional Expenses (for 2011)
Total functional expenses$5,427,203
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$2,762,153
Payroll taxes$240,673
Professional fundraising services$0
Other$2,424,377
Balance Sheet (for 2011)
Total assets$2,296,038
Total liabilities$512,689
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$512,689
Total net assets or fund balances$1,783,349
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$44,913,211
Gifts, grants, contributions, and membership fees received$44,750,257
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$162,954
Gross receipts from related activities, etc.$0
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