Hcp Of Illinois Inc
- Assets
- $1.6m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 20
- Location
- Chicago, IL
- Founding
- 06/1995
- Data as of
- 12/2023
- EIN
- 36-4016158
Organization Overview
Hcp Of Illinois Inc is located in Chicago, IL. The organization was established in 1995. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Hcp Of Illinois Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hcp Of Illinois Inc 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 12/2023, Hcp Of Illinois Inc generated $3.3m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $3.2m during the year ending 12/2023. While expenses have increased by 7.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO REDUCE INTER-GENERATIONAL POVERTY BY PROMOTING STRATEGIES THAT ENCOURAGE RACIAL AND ECONOMIC DIVERSITY IN THE HOUSING MARKET, PRIMARILY IN THE CHICAGO AREA AND NATIONALLY AS WELL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HCP IS CONTRACTED BY THE CHICAGO HOUSING AUTHORITY TO ADMINISTER THE MOBILITY COUNSELING PROGRAM FOR HOUSING CHOICE VOUCHER PARTICIPANTS. THIS PROGRAM INCLUDES PROVIDING HOUSEHOLD-LEVEL CASE MANAGEMENT, INFORMATION, RESOURCES, AND SUPPORT SO THAT PARTICIPANTS MAY KNOW THEIR FULL RANGE OF HOUSING CHOICES AND IDENTIFY AND OVERCOME BARRIERS TO MOVING TO THE NEIGHBORHOOD IN WHICH THEY WISH TO LIVE. HCP PROVIDED ASSISTANCE TO APPROXIMATELY 1,200 HOUSEHOLDS.
IN PARTNERSHIP WITH THE HOUSING AUTHORITY OF COOK COUNTY AND OTHER COMMUNITY PARTNERS, HCP PROVIDES HOUSING SEARCH AND RELOCATION ASSISTANCE TO HOUSEHOLDS IN SUBURBAN COOK COUNTY THAT ARE CURRENTLY OR AT-RISK OF BECOMING UNHOUSED. HCP ASSISTED 230 HOUSEHOLDS WITH RENTING AN AFFORDABLE UNIT WITH A HOUSING CHOICE VOUCHER IN SUBURBAN COOK COUNTY.
THE RENTAL HOUSING SUPPORT PROGRAM PROVIDES RENTAL ASSISTANCE SUBSIDIES TO LANDLORDS IN ORDER TO MAKE RENTAL HOUSING AFFORDABLE TO EXTREMELY LOW- INCOME PEOPLE IN SUBURBAN COOK COUNTY. IN ADDITION, THE PROGRAM ALOS PROVIDES DEEPLY SUBSDIZED HOUSING FOR INDIVIDUALS RETURNING FROM INCARCERATION IN COOK COUTY. HCP PROVIDED ASSISTANCE TO 90 HOUSEHOLDS, A TOTAL OF 179 INDIVIDUALS, AND PARTNERED WITH 52 LANDLORDS IN SUBURBAN COOK COUNTY.
THE FAIR HOUSING EDUCATION & OUTREACH PROGRAM IS FUNDED THROUGH THE HOUSING AND URBAN DEVELOPMENT TO PROVIDE EDUCATION, INFORMATION, AND RESOURCES TO THE GENERAL PUBLIC, INCLUDING RENTERS, LANDLORDS, REAL ESTATE AGENTS, AND ELECTED OFFICIALS, ON FAIR HOUSING DISCRIMINATION, RIGHTS, AND RESPONSIBILITIES. THE PROGRAM SERVES TO PROMOTE FAIR HOUSING LAWS AND EQUAL HOUSING OPPORTUNITY AWARENESS. HCP PROVIDED FAIR HOUSING EDUCATION AND ASSISTANCE TO 574 INDIVIDUALS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Barlow Board Chair | OfficerTrustee | 2 | $0 |
Patricia Mahon Secretary | OfficerTrustee | 2 | $0 |
Kenneth Gunn Treasurer | OfficerTrustee | 2 | $0 |
Stacie Young Director | Trustee | 1 | $0 |
John Moore Director | Trustee | 1 | $0 |
Drahcir Smith Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,807,765 |
| All other contributions, gifts, grants, and similar amounts not included above | $451,122 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,258,887 |
| Total Program Service Revenue | $0 |
| Investment income | $1,892 |
| 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 | $3,260,779 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,731,812 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $95,809 |
| Compensation of current officers, directors, key employees. | $2,695 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $822,544 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $152,460 |
| Payroll taxes | $71,474 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $40,863 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $46,447 |
| Advertising and promotion | $0 |
| Office expenses | $22,671 |
| Information technology | $9,319 |
| Royalties | $0 |
| Occupancy | $109,596 |
| Travel | $22,007 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,383 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $666 |
| Insurance | $6,239 |
| All other expenses | $3,600 |
| Total functional expenses | $3,183,801 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $480,005 |
| Savings and temporary cash investments | $209,438 |
| Pledges and grants receivable | $158,637 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $610 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $763,845 |
| Total assets | $1,612,535 |
| Accounts payable and accrued expenses | $90,642 |
| Grants payable | $0 |
| Deferred revenue | $157,834 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $757,850 |
| Total liabilities | $1,006,326 |
| Net assets without donor restrictions | $606,209 |
| Net assets with donor restrictions | $0 |
| 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 | $1,612,535 |