Public Charity

CHICAGO LOW INCOME HOUSING TRUST FUND

CHICAGO LOW INCOME HOUSING TRUST FUND is a nonprofit organization categorized as Public Charity based in CHICAGO, IL. Its most recent IRS filing (2024) reports revenue of $25.5M, expenses of $30.3M, total assets of $75.5M.

EIN: 363718992 CHICAGO, IL Housing Development, Construction & Management NTEE: L20 Latest filing: 2024
Total Revenue$25.5M
Total Expenses$30.3M
Total Assets$75.5M
Grant Records0
Filing Years2019–2024

Mission

LOW INCOME HOUSING THE CHICAGO LOW-INCOME TRUST FUND ASSISTS RESIDENTS LIVING IN POVERTY ,WITH INCOMES NOT EXCEEDING 30 PERCENT OF AREA MEDIAN INCOME BY PROVIDING SECURE,SAFE

Where $100 goes at Chicago Low Income Housing Trust Fund

How Chicago Low Income Housing Trust Fund divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$98 Programs the work itself
$2 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $98 for programs

$78
Providing rent subsidies to very low income Chicago residents
80% of program spending
$20
Non-interest, forgivable loans to developers of multi-unit rent buildings constructed or rehabilitated for affordable housing
20% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Adonya Little
EXECUTIVE DIRECTOR Annissa Lambirth-Garrett
DIRECTOR Cameron Kinch
DIRECTOR David Stieber
DIRECTOR Drmilka Ramirez
PRESIDENT, DIRECTOR Fatmah Farraj

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $25.5M $30.3M $75.5M
2023 $22.6M $24.5M $76.8M
2022 $30.9M $26.1M $78.3M
2020 $26.0M $16.7M $65.4M
2019 $15.3M $19.7M $62.7M

Between 2019 and 2024, reported annual revenue grew from $15.3M to $25.5M (+67%), with total assets most recently reported at $75.5M.

Interactive year-over-year charts and full filing details available with membership.

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