Based in CHICAGO, IL, HOMESTEAD AFFORDABLE DEVELOPMENT CORPORATION operates as a Public Charity. The organization reported $242K in revenue, $2.0M in expenses for fiscal year 2020. Imperigo tracks 28 reported grants from this foundation totaling approximately $1.8M.
HADC'S mission is to provide affordable housing to moderate and low income families and seniors in the Midwest region of the United States. One of the most pressing problems in the Midwest, and across the U.S., has been and continues to be providing adequate, safe and clean affordable housing for the very low, low and moderate income families and senior citizens. As the U.S. economy improves, it has left in its wake a larger divide in rental prices and the "Housing Wage."
How Homestead Affordable Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Source: Form 990 filings with the IRS, latest fiscal year 2020. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Showing up to 5 of 28 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2020 | $242K | $2.0M | — |
| 2019 | $49K | $99K | $2.0M |
| 2018 | $28K | $156K | $1.7M |
| 2017 | $2.0M | $86K | $2.0M |
Between 2017 and 2020, reported annual revenue declined from $2.0M to $242K (-88%).
Interactive year-over-year charts and full filing details available with membership.
Grants from this foundation were reported to recipients in CO, IL, MD, MS, OK.
Full geographic grant map with state-by-state breakdown available with membership.
