One Hope United Title Holding Corporation is located in Chicago, IL. The organization was established in 2014. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. One Hope United Title Holding Corporation is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 06/2021, One Hope United Title Holding Corporation generated $190.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $540.5k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE PLANNED ACTIVITIES FOR ONE HOPE UNITED TITLE HOLDING CORPORATION (THC) ARE TO: 1) ACQUIRE AND HOLD TITLE TO PROPERTIES CURRENTLY OWNED BY ONE HOPE UNITED (OHU) IN AURORA AND JOLIET, ILLINOIS; AND 2) LEASE BOTH FACILITIES TO OHU FOR USE AS EARLY LEARNING CENTERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Christopher Nordloh Cfo/treasurer | 0.55 | $0 | |
Charles Montorio-Archer CEO | 0.55 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $190,610 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $190,610 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $74,099 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $466,380 |
Total expenses | $540,479 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $0 |
Net assets or fund balances | $0 |
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