Overview

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Est.

1980

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

MOOGOONG TERRACE INC is a nonprofit organization dedicated to providing HUD-subsidized housing for elderly and handicapped individuals, focusing on public housing initiatives. With an operating budget of $856.7K and total revenue of $869.1K for the filing year 2024, the organization plays a crucial role in supporting vulnerable populations in need of affordable housing solutions.

Mission Statement

APARTMENT BUILDING THAT PROVIDES HUD-SUBSIDIZED HOUSING TO ELDERLY AND HANDICAPPED INDIVIDUALS.
Revenues
$869.1K
Expenses
$856.7K
Net Income:
+$12.4K
Assets
$1.9M
Liabilities
$2.6M
Net Assets:
-$724K
Operating Budget
$856.7K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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I
Inhe Choi
Board Member
H
Heon J Woo
Board Member
K
Kent Chaegu Lee
Board Member

Frequently Asked Questions

What is MOOGOONG TERRACE INC’s budget?
In 2024, MOOGOONG TERRACE INC reported an annual operating budget of around $857 thousand. More detailed financial information is available to registered users.
What causes does MOOGOONG TERRACE INC support?
MOOGOONG TERRACE INC supports work in Public housing.
Where does MOOGOONG TERRACE INC operate?
MOOGOONG TERRACE INC is headquartered in CHICAGO, IL.