THE AFFORDABLE HOUSING CORPORATION OF LAKE COUNTY
AI Summary
The Affordable Housing Corporation of Lake County is a nonprofit organization dedicated to providing decent, safe, and sanitary housing that is affordable to low and moderate-income individuals, while also working to stabilize and strengthen communities in the northern section of the Chicago metropolitan area. With an operating budget of $2.8 million and total revenue of $2.9 million for the filing year 2024, the organization administers programs aimed at revitalizing neighborhoods and preserving affordable housing options. It does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission.
Mission Statement
TO PROVIDE DECENT, SAFE AND SANITARY HOUSING THAT IS AFFORDABLE TO LOW AND MODERATE-INCOME PERSONS AND TO STABILIZE AND STRENGTHEN COMMUNITIES BY IMPROVING THE LOCAL HOUSING STOCK. THE CORPORATION SHALL ADMINISTER PROGRAMS THAT REVITALIZE NEIGHBORHOODS AND INCREASE AND PRESERVE AFFORDABLE HOUSING OPTIONS IN THE NORTHERN SECTION OF THE CHICAGO METROPOLITAN STATISTICAL AREA.
Cause Areas
2
Human rights
Human services
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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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Funder
Total Funding
Funding Share
FOREFRONT
$1.3M
4%
NETWORK FOR GOOD
$338M
< 1%
AbbVie Foundation
$24.6M
< 1%
Frequently Asked Questions
What is THE AFFORDABLE HOUSING CORPORATION OF LAKE COUNTY’s budget?
In 2024, THE AFFORDABLE HOUSING CORPORATION OF LAKE COUNTY reported an annual operating budget of around $2.8 million. More detailed financial information is available to registered users.
What causes does THE AFFORDABLE HOUSING CORPORATION OF LAKE COUNTY support?
THE AFFORDABLE HOUSING CORPORATION OF LAKE COUNTY supports work in Human rights and Human services.
Where does THE AFFORDABLE HOUSING CORPORATION OF LAKE COUNTY operate?
THE AFFORDABLE HOUSING CORPORATION OF LAKE COUNTY is headquartered in Libertyville, IL.
Who funded THE AFFORDABLE HOUSING CORPORATION OF LAKE COUNTY recently?
In 2019, THE AFFORDABLE HOUSING CORPORATION OF LAKE COUNTY received grants from FOREFRONT, AbbVie Foundation, and FOREFRONT. More information on this organization’s funders is available to registered users.
What is the largest grant THE AFFORDABLE HOUSING CORPORATION OF LAKE COUNTY received in 2019?
The largest grant to THE AFFORDABLE HOUSING CORPORATION OF LAKE COUNTY in 2019 exceeds $30 thousand.