Housing Opportunity Development Corporation
Housing Opportunity Development Corporation
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About this organization
Mission
HODC's mission is to create, preserve and manage affordable housing for low- and moderate-income households primarily in Chicago's northern suburbs.
About
Provide low cost/rent subsidized housing to low income citizens in communities in the northern suburbs of metropolitan Chicago
Interesting data from their 2018 990 filing
The filing reveals the mission of the non-profit as “To provide low-cost and/or rent subsidized housing to low/moderate income citizens in the north suburban communities of chicago in cook and lake counties, illinois”.
When detailing its functions, they were listed as: “To provide low-cost and/or rent subsidized housing to low/moderate income citizens in the north suburban communities of chicago in cook and lake counties, illinois”.
- According to the law, the state where the non-profit operates has been reported as IL.
- As of 2018, the non-profit's form shows they have a total of 22 employees.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$535,737.
- The remuneration plan for the CEO of the organization is not based on a review and endorsement process by an independent body.
- The organization has a written policy that delegates the management duties.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 12 independent voting members.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $644,010 in salary, compensation, and benefits to its employees.
- The organization pays $9,672 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization's financial statements were reviewed by an accountant.