AI Summary
New Beginning Affordable Homes Inc is a nonprofit organization focused on housing services and shelter for low-income individuals in the Chicago area. With an operating budget of $126.2K and total revenue of $134.6K for the filing year 2024, the organization is dedicated to rehabilitating low-income housing projects and providing affordable homeownership opportunities for underprivileged residents who cannot access conventional housing markets. The organization does not rely on a single funder for 50% or more of its revenue.
Mission Statement
Rehabilitate low income housing projects for people with income under the poverty line. Buy houses and sell to underprivileged people in Chicago land who cannot afford homes through conventional means.
Cause Areas
2
Shelter and residential care
Housing 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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Frequently Asked Questions
What is New Beginning Affordable Homes Inc’s budget?
In 2024, New Beginning Affordable Homes Inc reported an annual operating budget of around $126 thousand. More detailed financial information is available to registered users.
What causes does New Beginning Affordable Homes Inc support?
New Beginning Affordable Homes Inc supports work in Shelter and residential care and Housing services.
Where does New Beginning Affordable Homes Inc operate?
New Beginning Affordable Homes Inc is headquartered in University Park, IL.