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Better Housing Foundation may not be an actual charity. Please read the details of the CN Advisory below.
Donations may or may not be tax-deductible
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Dublin OH
Better Housing Foundation may not be an actual charity. Please read the details of the CN Advisory below.
Ratings are calculated from one or more beacon scores. Currently, we require either an Accountability & Finance beacon or an Impact & Results beacon to be eligible for a Charity Navigator rating. Note: The absence of a rating does not indicate a positive or negative assessment; it only indicates that we have not yet evaluated this organization.
See rating report below to learn why this organization is not currently eligible.
We recognize that not all metrics and beacons equally predict a charity’s success. The percentage each beacon contributes to the organization’s overall rating depends on the number of beacons an organization has earned.
Use the tool below to select different beacons to see how the weighting shifts when only one, two, or three beacons are earned.
Rating histories are available for a growing number of rated organizations. Check back later to see if this organization has a rating history!
Proceed with Caution - Reported Other Material LawsuitOn April 23, 2019, The Chicago Tribune reported on improper conduct alleged to have taken place at Better Housing Foundation in an article titled, "Code violation lawsuits mount as tenants bolt from troubled housing nonprofit that owns 81 Chicago buildings." For more information regarding this matter, please see The Chicago Tribune article.
On August 16, 2018, The Chicago Tribune published an article titled, "Mold, leaking pipes and vagrants in the hall: Inside one charity's ‘model’ low-income housing in Chicago." For more information, please see The Chicago Tribune article.
On October 23, 2018, The Chicago Tribune published an article titled, "Property manager who collected millions in fees accused in lawsuit of ‘grossly mismanaging’ South Side buildings." For more information, please see The Chicago Tribune article.
On October 29, 2019, WBEZ published an article titled, "City: Seize Deadbeat Landlord’s Buildings, But Not $88M In Fines." For more information, please see the WBEZ article.
On February 14, 2020, WBEZ published an article titled, "This Nonprofit Tried To Build Affordable Housing In Chicago, But Ended Up In Bankruptcy Court." For more information, please see the WBEZ article.
On February 24, 2020, Bloomberg published an article titled, "SEC Probes Owner of Chicago Apartments After Bond Default." For more information, please see the Bloomberg article.
On October 5, 2021, The Bond Buyer published an article titled, "Better Housing Foundation bondholders eye lawsuits after defaults, bankruptcies." For more information, please see The Bond Buyer article.
On June 14, 2022, The Bond Buyer published an article titled, "Trustee closes books on Better Housing Foundation bond debacle." For more information, please see The Bond Buyer article.
For more information about our alerts methodology, see here.
Better Housing Foundation cannot currently be evaluated by our Accountability & Finance methodology due to only having 2 years of electronically-filed IRS Form 990 data. But please note, that the IRS is significantly delayed in processing nonprofit's annual tax filings. That may mean that this entity has electronically filed additional Forms 990 but they have yet to be processed and made public by the IRS.
To ensure year-to-year consistency the Encompass Rating System's Finance & Accountability beacon analyzes the three-year average of some data provided through the IRS 990.
Charity Navigator currently only has 2 years of consecutive e-filed Forms 990 from the IRS for Better Housing Foundation under the EIN: 47-3711663.
Before Charity Navigator can evaluate Better Housing Foundation, Better Housing Foundation will need to e-file for additional fiscal years.
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This chart displays the trend of revenue and expenses over the past several years for this organization, as reported on their IRS Form 990.
Presented here are up to five of this organization's highest compensated employees. This compensation data includes salary, cash bonuses, and expense accounts and is displayed exactly how it is reported to the IRS. The amounts do not include nontaxable benefits, deferred compensation, or other amounts not reported on Form W-2. In some cases, these amounts may include compensation from related organizations. Read the IRS policies for compensation reporting
Source: IRS Form 990 (page 7), filing year 2017
Below are some key data points from the Exempt Organization IRS Business Master File (BMF) for this organization. Learn more about the BMF on the IRS website
Activities:
Activity data not reported from the IRS
Foundation Status:
Foundation data not reported from the IRS.
Affiliation:
Affiliation data not reported from the IRS.
The Form 990 is a document that nonprofit organizations file with the IRS annually. We leverage finance and accountability data from it to form Encompass ratings. Click here to search for this organization's Forms 990 on the IRS website (if any are available). Simply enter the organization's name (Better Housing Foundation) or EIN (473711663) in the 'Search Term' field.
Not Currently Scored
Better Housing Foundation cannot currently be evaluated by our Impact & Results methodology because either (A) it is eligible, but we have not yet received data; (B) we have not yet developed an algorithm to estimate its programmatic impact; (C) its programs are not direct services; or (D) it is not heavily reliant on contributions from individual donors.
Note: The absence of a score does not indicate a positive or negative assessment, it only indicates that we have not yet evaluated the organization.
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Better Housing Foundation reported its largest program on its FY 2017 Form 990 as:
Spent in most recent FY
Percent of program expenses
PROVIDE AREA CITIZENS WITH SAFE, AFFORDABLE RENTAL HOUSING.
Better Housing Foundation cannot currently be evaluated by our Culture & Community methodology because we have not received data from the charity regarding its Constituent Feedback or Equity Practices strategies.
Note: The absence of a score does not indicate a positive or negative assessment, it only indicates that we have not yet evaluated the organization.
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Better Housing Foundation cannot currently be evaluated by our Leadership & Adaptability methodology because we have not received data from the charity regarding its leadership capacity, strategic thinking and planning, and ability to innovate or respond to changes.
Note: The absence of a score does not indicate a positive or negative assessment, it only indicates that we have not yet evaluated the organization.
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Impact & Results
Accountability & Finance
Culture & Community
Leadership & Adaptability
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