Latin United Community Housing Association
- Assets
- $6.2m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 34
- Location
- Chicago, IL
- Founding
- 03/1984
- Data as of
- 12/2021
- EIN
- 36-3213453
Organization Overview
Latin United Community Housing Association is located in Chicago, IL. The organization was established in 1984. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Latin United Community Housing Association employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Latin United Community Housing Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Latin United Community Housing Association generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE DECENT AND AFFORDABLE HOUSING, HOUSING SERVICES AND EDUCATION TO LOW AND MODERATE INCOME RESIDENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENGAGED IN HOUSING DEVELOPMENT AND OPERATION OF AFFORDABLE HOUSING. THE ORGANIZATION PROMOTES AFFORDABLE HOUSING DEVELOPMENT BY REHABILITATING AND MANAGING HOUSING, ADVOCATING FOR RESOURCES, INVESTING IN COMMUNITIES AND BY COMBATING HOUSING ABANDONMENT. THE ORGANIZATION IS DEDICATED TO CONSERVING, RESTORING AND EXPANDING THE CITY OF CHICAGO'S MULTI AND SINGLE FAMILY HOUSING STOCK IN ORDER TO PROVIDE HOUSING OPPORTUNITIES FOR LOWER INCOME RESIDENTS.
PROVIDED HOUSE COUNSELING, INFORMATION AND REFERRALS. THE ORGANIZATION FOSTERS COMMUNITY STABILITY IN AREAS LACKING ADEQUATE HOUSING BY EMPOWERING RESIDENTS THROUGH EDUCATION AND PARTICIPATION AND BY PROVIDING THEM WITH TECHNICAL ASSISTANCE.
PROVIDED HOME REPAIRS AND EMERGENCY WEATHERIZATION SERVICES TO FAMILIES AND INDIVIDUALS IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lissette Castaneda Executive Dir. | Officer | 40 | $110,000 |
Jonathan Casiano Treasurer | OfficerTrustee | 2 | $0 |
Trevor Tejeda-Gervais Secretary | OfficerTrustee | 2 | $0 |
Ralph Cintron President | OfficerTrustee | 2 | $0 |
Mariana Osoria Director | Trustee | 1 | $0 |
Julisa Sanchez Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $661,662 |
| All other contributions, gifts, grants, and similar amounts not included above | $299,777 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $961,439 |
| Total Program Service Revenue | $384,281 |
| Investment income | $73,471 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,419,191 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $110,000 |
| Compensation of current officers, directors, key employees. | $20,900 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,306,576 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $179,191 |
| Payroll taxes | $156,489 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,028 |
| Fees for services: Accounting | $10,265 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,650 |
| Advertising and promotion | $0 |
| Office expenses | $11,014 |
| Information technology | $25,430 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,876 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,262 |
| Interest | $46,423 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,982 |
| Insurance | $22,464 |
| All other expenses | $66,291 |
| Total functional expenses | $2,222,991 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $636,603 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $192,445 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,578,355 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,444 |
| Net Land, buildings, and equipment | $980,015 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $977 |
| Other assets | $1,794,379 |
| Total assets | $6,190,218 |
| Accounts payable and accrued expenses | $9,618 |
| Grants payable | $0 |
| Deferred revenue | $183,139 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $945,672 |
| Unsecured mortgages and notes payable | $416,838 |
| Other liabilities | $31,607 |
| Total liabilities | $1,586,874 |
| Net assets without donor restrictions | $4,503,344 |
| Net assets with donor restrictions | $100,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,190,218 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Latin United Community Housing Association has recieved totaling $95,231.
| Awarding Organization | Amount |
|---|---|
Enterprise Community Partners Inc Columbia, MD PURPOSE: CAPACITY BUILDING | $56,963 |
Alphawood Foundation Chicago, IL PURPOSE: GENERAL OPERATIONS | $20,000 |
Housing Action Illinois Chicago, IL PURPOSE: Pass through grant for HUD Comprehensive Housing Counseling Program. | $11,298 |
Marquette Bank Affordable Housing Foundation Chicago, IL PURPOSE: COMMUNITY DEVELOPMENT | $5,000 |
Cinnaire Corporation Cinnaire Lansing, MI PURPOSE: GENERAL SUPPORT | $1,951 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $19 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North East Community Action Corporation Bowling Green, MO | $19,489,309 | $16,722,475 |
Affordable Housing Development Fund Inc Rockford, IL | $87,465,066 | $18,557,415 |
Chicago Low Income Housing Trust Fund Chicago, IL | $68,435,328 | $24,410,244 |
Interfaith Housing Development Corporation Of Chicago Chicago, IL | $13,790,371 | $15,355,980 |
European American Association Chicago, IL | $18,209,689 | $14,984,488 |
Milwaukee Habitat For Humanity Milwaukee, WI | $24,987,795 | $20,382,762 |
Hispanic Housing Development Corp Chicago, IL | $88,735,655 | $15,154,061 |
Habitat For Humanity International Inc Des Moines, IA | $24,118,438 | $12,529,342 |
Residential Options Inc Alton, IL | $11,785,898 | $11,284,358 |
Habitat For Humanity International Inc Indianapolis, IN | $27,221,776 | $14,208,425 |
Oak Park Residence Corp Oak Park, IL | $43,726,959 | $10,429,189 |
Affordable Housing Partners Inc Carmel, IN | $150,650,716 | $9,214,618 |