Affordable Housing Preservation Foundation, Affordable Housing 51st St Y in Chicago, Illinois (IL)

Affordable Housing Preservation Foundation, Affordable Housing 51st St Y
Employer Identification Number (EIN)	202209605
Name of Organization	Affordable Housing Preservation Foundation
Secondary Name	Affordable Housing 51st St Y
In Care of Name	Hugh Williams
Address	2850 S Michigan Ave, Chicago, IL 60616-5018
Activities	Housing for the aged (see also 153)
Subsection	Charitable Organization
Ruling Date	06/1989
Foundation	Organization which receives a substantial part of its support from a governmental unit or the general public
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	06/2013
Assets	$1,000,000 to $4,999,999
Income	$25,000 to $99,999
Filing Requirement	990 (all other) or 990EZ return
Asset Amount	$2,022,466
Amount of Income	$64,856
Form 990 Revenue Amount	$64,816
National Taxonomy of Exempt Entities (NTEE)	Housing, Shelter: Public Housing Facilities

Non-representatives - add comments:

Amount of income in 2013: $64,856 (it was $121,642 in 2012)

This organization:	$64,856
Other organizations performing similar types of work:	$150,108

Assets in 2013: $2,022,466 (it was $1,733,887 in 2012)

Affordable Housing Preservation Foundation, Affordable Housing 51st St Y:	$2,022,466
Other organizations performing similar types of work:	$1,156,098

Expenses in 2013: $70,914

Affordable Housing Preservation Foundation, Affordable Housing 51st St Y:	$70,914
Other organizations performing similar types of work:	$149,118

Income to expenses ratio in 2013: 0.9

This organization:	0.9
Other organizations performing similar types of work:	1.0

Grants share in income in 2013: 100.1%

This organization:	100.1%
Other organizations performing similar types of work:	0.8%

Financial snapshot ($)

Assets at the end of 2013

Functional expenses for 2013

Support schedule

	2012	2013
Checklist
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?	Yes	Yes
Is the organization required to complete Schedule B, Schedule of Contributors?	Yes	Yes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?	No	No
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?	No	No
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?	No	No
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?	No	No
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?	No	No
Did the organization maintain collections of works of art, historical treasures, or other similar assets?	No	No
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?	No	No
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?	No	No
Did the organization report an amount for land, buildings, and equipment?	No	No
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?	No	No
Did the organization report an amount for investments-program related that is 5% or more of its total assets?	No	No
Did the organization report an amount for other assets that is 5% or more of its total assets?	Yes	Yes
Did the organization report an amount for other liabilities?	Yes	Yes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?	No	No
Did the organization obtain separate, independent audited financial statements for the tax year?	No	No
Was the organization included in consolidated, independent audited financial statements for the tax year?	No	No
Is the organization a school described in section 170(b)(1)(A)(ii)?	No	No
Did the organization maintain an office, employees, or agents outside of the United States?	No	No
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?	No	No
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?	No	No
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?	No	No
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?	No	No
Did the organization report more than $15,000 total of fundraising event gross income and contributions?	No	No
Did the organization report more than $15,000 of gross income from gaming activities?	No	No
Did the organization operate one or more hospital facilities?	No	No
Did the organization attach a copy of its audited financial statements?	No	No
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?	No	No
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?	No	No
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?	No	No
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?	No	No
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?	No	No
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?	No	No
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?	No	No
Did the organization engage in an excess benefit transaction with a disqualified person during the year?	No	No
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?	No	No
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?	No	No
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?	No	No
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?	No	No
A family member of a current or former officer, director, trustee, or key employee?	No	No
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?	No	No
Did the organization receive more than $25,000 in non-cash contributions?	No	No
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?	No	No
Did the organization liquidate, terminate, or dissolve and cease operations?	No	No
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?	No	No
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?	No	No
Was the organization related to any tax-exempt or taxable entity?	Yes	Yes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?	No	No
Did the organization make any transfers to an exempt non-charitable related organization?	No	No
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?	No	No

	2011	2012	2013
Statements Regarding Other IRS Filings and Tax Compliance
The number reported in Box 3 of Form 1096		0	0
The number of Forms W-2G		0	0
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?		No	No
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return		0	0
Did the organization file all required federal employment tax returns?		No	No
Did the organization have unrelated business gross income of $1,000 or more during the year?	No	No	No
Has it filed a Form 990-T for this year?		No	No
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?		No	No
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?		No	No
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?		No	No
Did the organization file Form 8886-T?		No	No
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?		No	No
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?		No	No
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?		No	No
Did the organization notify the donor of the value of the goods or services provided?		No	No
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?		No	No
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?		No	No
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?		No	No
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?		No	No
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?		No	No
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?		No	No
Did the sponsoring organization make any taxable distributions under section 4966?		No	No
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?		No	No
Initiation fees and capital contributions	$0	$0	$0
Gross receipts for public use of club facilities	$0	$0	$0
Gross income from members or shareholders	$0	$0	$0
Gross income from other sources	$0	$0	$0
Is the organization filing Form 990 in lieu of Form 1041?		No	No
The amount of tax-exempt interest received or accrued during the year		$0	$0
Is the organization licensed to issue qualified health plans in more than one state?		No	No
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans		$0	$0
The amount of reserves on hand		$0	$0
Did the organization receive any payments for indoor tanning services during the tax year?		No	No
Has it filed a Form 720 to report these payments?		No	No

	2012	2013
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization	$0	$0
Total reportable compensation from related organizations	$0	$0
Total estimated amount of other compensation from the organization and related organizations	$0	$0
Total number of individuals who received more than $100,000 of reportable compensation from the organization	0	0
Total number of independent contractors who received more than $100,000 of compensation from the organization	0	0

	2011	2012	2013
Statement of Revenue
Total revenue	$199,935	$121,642	$64,816
Contributions, Gifts, Grants and Other Similar Amounts	$67,033	$63,492	$64,856
Program Service Revenue	$0	$0	$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)	$28,352	$30,054	$0
Income from investment of tax-exempt bond proceeds	$0	$0	$0
Royalties	$0	$0	$0
Net rental loss	$-41	$-41	$-40
Gross rents (Real / Personal)	$0 / $0	$0 / $0	$0 / $0
Less: rental expenses (Real / Personal)	$0 / $0	$0 / $0	$0 / $40
Rental income or (loss) (Real / Personal)	$0 / $0	$0 / $0	$0 / $-40
Net gain/loss from sales of assets other than inventory	$0	$0	$0
Net income/loss from fundraising events	$0	$0	$0
Net income/loss from gaming activities	$0	$0	$0
Net income/loss from sales of inventory	$0	$0	$0
Miscellaneous Revenue	$104,591	$28,137	$0

	2011	2012	2013
Statement of Functional Expenses
Total functional expenses	$60,195	$145,018	$70,914
Grants and other assistance to domestic organizations and domestic governments		$0	$0
Grants and other assistance to domestic individuals		$0	$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals		$0	$0
Benefits paid to or for members		$0	$0
Compensation of current officers, directors, trustees, and key employees	$0	$0	$0
Compensation not included above, to disqualified persons		$0	$0
Other salaries and wages	$0	$0	$0
Pension plan accruals and contributions		$0	$0
Other employee benefits		$0	$0
Payroll taxes	$0	$0	$0
Fees for services (non-employees)
Management		$0	$0
Legal		$0	$160
Accounting		$0	$11,750
Lobbying		$0	$0
Professional fundraising services	$0	$0	$0
Investment management fees		$0	$0
Other		$0	$0
Advertising and promotion		$0	$0
Office expenses		$0	$0
Information technology		$0	$0
Royalties		$0	$0
Occupancy		$0	$0
Travel		$0	$0
Payments of travel or entertainment expenses for any federal, state, or local public officials		$0	$0
Conferences, conventions, and meetings		$0	$0
Interest		$0	$0
Payments to affiliates		$0	$0
Depreciation, depletion, and amortization		$0	$0
Insurance		$0	$0
Other expenses		$6	$59,004

	2011	2012	2013
Balance Sheet
Total assets	$1,757,078	$1,733,887	$2,022,466
Cash - non-interest-bearing		$50,118	$55,971
Savings and temporary cash investments		$0	$0
Pledges and grants receivable, net		$0	$0
Accounts receivable, net		$0	$0
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees		$0	$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations		$0	$0
Notes and loans receivable, net		$0	$0
Inventories for sale or use		$0	$0
Prepaid expenses and deferred charges		$0	$0
Land, buildings, and equipment: cost or other basis		$0	$0
Investments - publicly traded securities		$0	$0
Investments - other securities		$0	$0
Investments - program-related		$0	$0
Intangible assets		$0	$0
Other assets		$1,683,769	$1,966,495
Total liabilities	$16,965	$17,150	$311,827
Accounts payable and accrued expenses		$0	$0
Grants payable		$0	$0
Deferred revenue		$0	$0
Tax-exempt bond liabilities	$0	$0	$0
Escrow or custodial account liability		$0	$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons		$0	$0
Secured mortgages and notes payable to unrelated third parties	$0	$0	$0
Unsecured notes and loans payable to unrelated third parties	$0	$0	$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)		$17,150	$311,827
Total net assets or fund balances	$1,740,113	$1,716,737	$1,710,639
Unrestricted net assets		$0	$0
Temporarily restricted net assets		$0	$0
Permanently restricted net assets		$0	$0
Capital stock or trust principal, or current funds		$0	$0
Paid-in or capital surplus, or land, building, or equipment fund		$0	$0
Retained earnings, endowment, accumulated income, or other funds	$0	$1,716,737	$1,710,639

Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:	An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported	0
Sum of amounts of support	$0

	2009 - 2013 Total
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
Public Support	$737,944
Subtotal Support	$737,944
Gifts, grants, contributions, and membership fees received	$737,944
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf	$0
The value of services or facilities furnished by a governmental unit to the organization without charge	$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support	$0
Total Support	$846,628
Public Support	$737,944
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources	$108,684
Net income from unrelated business activities, whether or not the business is regularly carried on	$0
Other income. Do not include gain or loss from the sale of capital assets	$0
Gross receipts from related activities, etc.	$0

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Id	Name	Address	State	Established	Total Income
Organizations performing similar types of work
1	Bronzeville Housing And Community Development Corporation	400 East 41st Street Suite 1, Chicago, IL 60653	IL	2008-02	$2,439,335
2	Squire Village Preservation Nfp	325 N Wells St Fl 8, Chicago, IL 60654-7023	IL	2009-07	$2,047,891
3	Orchard Place Nonprofit Housing Corporation	325 N Wells St Fl 8, Chicago, IL 60654-7023	IL	2014-09	$1,131,496
4	Urban Development Corporation	550 E 50th Place, Chicago, IL 60615-2444	IL	2015-01	$1,062,524
5	Naomi & Sylvester Smith Senior Living Center	8031 S Halsted Ave, Chicago, IL 60620-2535	IL	2010-07	$815,417
6	Ymca Of Metropolitan Chicago Foundation For Harvey Iii	801 N Dearborn St, Chicago, IL 60610-3316	IL	2005-07	$774,968
7	Ymca Of Metropolitan Chicago Foundation For Washington Park	801 N Dearborn St, Chicago, IL 60610-3316	IL	2001-11	$740,639
8	Featherfist Development Corporation Npo	2255 E 75th St, Chicago, IL 60649-3228	IL	2014-02	$650,677
9	Over The Rainbow Unit Ii	2040 Brown Avenue, Evanston, IL 60201-3373	IL	2013-03	$600,521
10	Housing Opportunities Mean Empowerment Iii Inc	415 S Kilpatrick Ave, Chicago, IL 60644-4923	IL	2014-04	$557,478
11	Voice Of The People In Uptown Inc	4861 N Kenmore, Chicago, IL 60640-3723	IL	2014-02	$513,644
12	St Andrews Ascension Senior Housingestl Inc	1530 Bond Ave, East Saint Louis, IL 62207-2203	IL	2013-04	$474,620
13	The Admiral At The Lake Residents Trust, Andrea Hasten Ttee	929 West Foster Ave, Chicago, IL 60640-1491	IL	2011-12	$382,020
14	Prairieland Council Inc Nfp	201 E Hurst Ave, Havana, IL 62644-1071	IL	2013-01	$309,018
15	Matteson Supportive Housing Nfp	2040 Brown Avenue, Evanston, IL 60201	IL	2005-12	$269,253
16	Yakubian Homes	120 Manor Court, Alton, IL 62002-2796	IL	2001-03	$258,520
17	Assisi Homes - Lasalle Manor Inc	26w171 Roosevelt Road, Wheaton, IL 60187	IL	2011-02	$235,462
18	Light The Way Inc	306 W 8th Street, Metropolis, IL 62960	IL	2009-01	$213,038
19	Christian Life Retirement Center-Allerton Inc	5921 Allerton St, Rockford, IL 61114	IL	2010-05	$191,749
20	Self-Sufficiency Developmentcorporation	1440 Jackson St, North Chicago, IL 60064-1840	IL	2007-11	$113,557

Number of organizations performing similar types of work

Alaska	9
Alabama	46
Arkansas	41
Arizona	33
California	359
Colorado	43
Connecticut	37
District of Columbia	17
Delaware	25
Florida	128
Georgia	103
Hawaii	19
Iowa	23
Idaho	17
Illinois	105
Indiana	43
Kansas	12
Kentucky	53
Louisiana	97
Massachusetts	100
Maryland	74
Maine	11
Michigan	126
Minnesota	67
Missouri	66
Mississippi	35

Montana	9
North Carolina	110
North Dakota	9
Nebraska	22
New Hampshire	25
New Jersey	97
New Mexico	15
Nevada	12
New York	278
Ohio	135
Oklahoma	35
Oregon	31
Pennsylvania	108
Rhode Island	29
South Carolina	55
South Dakota	13
Tennessee	68
Texas	173
Utah	12
Virginia	54
Vermont	7
Washington	39
Wisconsin	32
West Virginia	11
Wyoming	4
International	23

Total

3,095

Affiliation	Name	Address	State	Established	Total Income
All affiliated organizations
Central	Affordable Housing Preservation Foundation	2850 S Michigan Ave, Chicago, IL 60616-3230	IL	1989-06	$8,063,969
Subordinate	Affordable Housing Preservation Foundation, Iii Chapter	2850 S Michigan Ave, Chicago, IL 60616-3230	IL	1989-06	$975,492
Subordinate	Affordable Housing Preservation Foundation, Affordable Housing 51st St Y	2850 S Michigan Ave, Chicago, IL 60616-5018	IL	1989-06	$64,856
Subordinate	Affordable Housing Preservation Foundation, Ii Chapter	2850 S Michigan Ave, Chicago, IL 60616-3230	IL	1989-06	$28,595
Subordinate	Affordable Housing Preservation Foundation, Chapter Ii Ahpf	2850 S Michigan Ave, Chicago, IL 60616-5018	IL	1989-06	$0
Subordinate	Affordable Housing Preservation Foundation, West End Foundation	2850 S Michigan Ave, Chicago, IL 60616-5018	IL	1989-06	$0

Number of affiliated organizations

Illinois