Maxcen Housing Society Inc. Illinois Branch

Maxcen Housing Society Inc. Illinois Branch is a 501(c)(3) public charity located in Chicago, Illinois, USA. The organization is identified by its Employer Identification Number (EIN) 82-1989486. It operates as part of the broader Maxcen Housing Society Inc., which includes branches in several states across the United States.

Purpose

The primary mission of Maxcen Housing Society Inc. Illinois Branch is to promote decent, safe, and affordable housing for individuals with low and moderate incomes in the United States. This aligns with the broader goals of the Maxcen Housing Society Inc., which aims to provide accessible housing solutions through various programs and initiatives.

Financial Overview

As a nonprofit organization, Maxcen Housing Society Inc. Illinois Branch manages its operations based on annual revenues and expenses. Recent financial data indicates that the organization has revenue of approximately $85,000, with expenses of about $79,300 annually. Its total assets and liabilities are closely aligned, reflecting a balanced financial management approach.

Operations and Impact

As part of its operations, the organization works to rebuild, rent, and sell properties with support from government programs like those offered by the U.S. Department of Housing and Urban Development (HUD). This approach helps ensure that housing is not only affordable but also meets standards of safety and quality.

Support and Donations

Being a 501(c)(3) organization, donations to Maxcen Housing Society Inc. Illinois Branch are tax-deductible. This encourages community support and financial contributions from individuals and entities wishing to support affordable housing initiatives in the region.