Community Development : Housing and Neighborhood DevelopmentCN Advisory: Moderate Concern
On April 23, 2019, The Chicago Tribune reported on the charges of improper conduct allegedly taking 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 this reason, we have issued a Moderate Concern CN Advisory as the allegations have yet to be confirmed. 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.
This charity has received a Moderate Concern Advisory due to an open or pending investigation regarding allegations of possible illegal activity, improper conduct, organizational mismanagement, or other matters of concern. Please note that this investigation has not concluded and that the allegations being investigated have not been confirmed by the U.S. legal system. Charity Navigator aims to provide donors and users with as much information as possible in order to make an informed giving decision. This advisory will be updated once we become aware that the investigation is completed. The views and opinions expressed here are those of the authors of sources used for the reported information, and not those of Charity Navigator. Charity Navigator is not responsible for the nature or content of the information presented through such external sources and websites. For more information on how or when we decide to publish a CN Advisory, please review our methodology.
The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).
|Name in IRS Master File||BETTER HOUSING FOUNDATION|
|NTEE Classification||Senior Citizens' Housing/Retirement Communities|
|NTEE Type||Housing, Shelter|
|Subsection||501(c)(3) (View the list of codes)|
|Foundation Status||Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)|
|Deductibility||Contributions are deductible|
|Affiliation||Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).|
|Group Name||[Not Applicable]|
|Ruling Date||April, 2015|
|Filing Requirement||990 (all other) or 990EZ return|
|Fiscal Year End||December|
|IRS Forms 990
(provided courtesy of Foundation Center)
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