Public Charity

HOMESTEAD AFFORDABLE DEVELOPMENT CORPORATION

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.

EIN: 471656765 CHICAGO, IL General Support NTEE: DEFAULT Latest filing: 2020
Total Revenue$242K
Total Expenses$2.0M
Grants Given28
Grant Total$1.8M
Filing Years2017–2020

Mission

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."

Officers & Directors

PRESIDENT/TREASURER Howard Conant
BOARD MEMBER Jeffrey Freidman
SECRETARY Meredith George
EXECUTIVE DIRECTOR Monica Makin

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$1,765,000 28 grants

Financial Trends

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.

Grant Geography

Grants from this foundation were reported to recipients in CO, IL, MD, MS, OK.

COILMDMSOK

Full geographic grant map with state-by-state breakdown available with membership.

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