Skip to content
Nonprofiteer
← LATIN UNITED COMMUNITY HOUSING ASSOCIATION

Form 990 for tax year 2024

Filed by LATIN UNITED COMMUNITY HOUSING ASSOCIATION.

Totals

Total revenue
$1,330,699
Total expenses
$1,738,544
Contributions and grants received
$546,084
Grants paid
$0
Program service revenue
$567,718
Investment income
$94,715
Other revenue
$122,182
Total assets, end of year
$6,537,258
Total liabilities, end of year
$2,705,250
Net assets or fund balances, end of year
$3,832,008
Program services expenses (Part IX)
$1,738,544
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$1,738,544

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $436,450

  • 1f · All other contributions, gifts and grants

    $109,634

  • 2a · Program service revenue: DEVELOPER FEES

    total $262,500 · related or exempt $262,500

  • 2b · Program service revenue: PROPERTY REIMBURSEMENT

    total $214,095 · related or exempt $214,095

  • 2c · Program service revenue: PARTNERSHIP ASSET MANA

    total $57,893 · related or exempt $57,893

  • 2d · Program service revenue: PROPERTY MANAGEMENT FE

    total $33,230 · related or exempt $33,230

  • 3 · Investment income

    total $94,715 · excluded $94,715

  • 6a · Gross rents

    real property $34,238

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $34,238

  • 6d · Net rental income or loss

    total $34,238 · related or exempt $34,238

  • 11a · Other revenue: MISC. INCOME

    total $87,944 · related or exempt $87,944

  • 11e · Other revenue, total

    $87,944

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $650,176 · program services $650,176

  • 9 · Other employee benefits

    total $61,920 · program services $61,920

  • 10 · Payroll taxes

    total $210,138 · program services $210,138

  • 11b · Fees: legal

    total $103,542 · program services $103,542

  • 13 · Office expenses

    total $16,983 · program services $16,983

  • 20 · Interest

    total $108,497 · program services $108,497

  • 22 · Depreciation, depletion and amortization

    total $34,225 · program services $34,225

  • 23 · Insurance

    total $46,599 · program services $46,599

  • 24a · Other expenses: LOSS FROM INVESTMENTS

    total $313,442 · program services $313,442

  • 24b · Other expenses: COST OF MATERIALS

    total $57,112 · program services $57,112

  • 24c · Other expenses: OTHER OFFICE EXPENSES

    total $42,112 · program services $42,112

  • 24d · Other expenses: COMMUNICATIONS

    total $36,564 · program services $36,564

  • 24e · All other expenses

    total $57,234 · program services $57,234

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $30,725 · end of year $170,653

  • 4 · Accounts receivable

    beginning of year $11,392 · end of year $125,201

  • 7 · Other notes and loans receivable

    beginning of year $402,091 · end of year $507,091

  • 9 · Prepaid expenses and deferred charges

    beginning of year $30,293 · end of year $14,190

  • 10a · Land, buildings and equipment: cost or other basis

    $1,452,362

  • 10b · Land, buildings and equipment: accumulated depreciation

    $568,547

  • 10c · Land, buildings and equipment, net

    beginning of year $918,939 · end of year $883,815

  • 15 · Other assets

    beginning of year $3,387,573 · end of year $4,836,308

  • 17 · Accounts payable and accrued expenses

    beginning of year $10,351 · end of year $335,716

  • 19 · Deferred revenue

    beginning of year $73,083 · end of year $68,147

  • 23 · Secured mortgages and notes payable

    beginning of year $1,092,102 · end of year $1,890,447

  • 24 · Unsecured notes and loans payable

    beginning of year $450,000 · end of year $340,064

  • 25 · Other liabilities

    beginning of year $858,538 · end of year $70,876

  • 27 · Net assets without donor restrictions

    beginning of year $2,296,939 · end of year $1,832,008

  • 28 · Net assets with donor restrictions

    end of year $2,000,000

Mission and programs · 2024

Mission

TO PROVIDE DECENT AND AFFORDABLE HOUSING, HOUSING SERVICES AND EDUCATION TO LOW AND MODERATE INCOME RESIDENTS.

  • ENGAGED IN HOUSING DEVELOPMENT AND OPERATION OF AFFORDABLE HOUSING. THE ORGANIZATION PROMOTES AFFORDABLE HOUSING DEVELOPMENT BY REHABILITATING AND MANAGING HOUSING, ADVOCATING FOR RESOURCES, INVESTING IN COMMUNITIES AND BY COMBATING HOUSING ABANDONMENT. THE ORGANIZATION IS DEDICATED TO CONSERVING, RESTORING AND EXPANDING THE CITY OF CHICAGO'S MULTI AND SINGLE FAMILY HOUSING STOCK IN ORDER TO PROVIDE HOUSING OPPORTUNITIES FOR LOWER INCOME RESIDENTS.

    Expenses $713,503 · Revenue $689,900

  • PROVIDED HOUSE COUNSELING, INFORMATION AND REFERRALS. THE ORGANIZATION FOSTERS COMMUNITY STABILITY IN AREAS LACKING ADEQUATE HOUSING BY EMPOWERING RESIDENTS THROUGH EDUCATION AND PARTICIPATION AND BY PROVIDING THEM WITH TECHNICAL ASSISTANCE.

    Expenses $759,608

  • PROVIDED HOME REPAIRS AND EMERGENCY WEATHERIZATION SERVICES TO FAMILIES AND INDIVIDUALS IN NEED.

    Expenses $265,433

As filed on the 2024 return.

Listed in Part VII

  • Juan Carlos Linares

    PRESIDENT

    Total calculated
    $248,411
    From this org
    $0
    From related orgs
    $216,959
    Other
    $31,452
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $216,959 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $4,755 related
    Nontaxable benefits
    $0 + $26,697 related
    Filer's total
    $0 + $248,411 related

  • Kristin Horne

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 5 related

  • Julie Rodriguez

    SECRETARY

    Total calculated
    $140,000
    From this org
    $0
    From related orgs
    $111,063
    Other
    $28,937
    Hours/week
    1 + 40 related

  • Ralph Cintron

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 5 related

  • Nancy Johnson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 5 related

  • Corey Friedman

    FINANCE DIRECTOR

    Total calculated
    $0
    Hours/week
    0 + 40 related

  • Lincoln Stannard

    CO-EXECUTIVE DIRECTOR

    Total calculated
    $104,271
    From this org
    $91,578
    From related orgs
    $0
    Other
    $12,693
    Hours/week
    40

  • Lillian Bui

    CO-EXECUTIVE DIRECTOR

    Total calculated
    $104,194
    From this org
    $3,750
    From related orgs
    $89,412
    Other
    $11,032
    Hours/week
    1 + 40 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • TIERRA LINDA LP

    RELATED · AFFORDABLE HOUSING · IL · 0.01% owned · share of income -$71 · share of assets $1,741,436 · general or managing partner

  • MADRES UNIDAS LP

    RELATED · AFFORDABLE HOUSING · IL · 99.99% owned · share of income -$33 · share of assets -$42,400 · general or managing partner

  • BORINQUEN BELLA LP

    RELATED · AFFORDABLE HOUSING · IL · 0.01% owned · share of income -$37 · share of assets $287,561 · general or managing partner

    Directly controlled by BORINQUEN BELLA DEVELOPMENT CORP

  • HPR PRESERVATION LP

    RELATED · AFFORDABLE HOUSING · IL · 0.01% owned · share of income -$71,483 · share of assets $369,141 · general or managing partner

    Directly controlled by HPR GP LLC

  • ENCUENTRO SQUARE I GP LLC

    RELATED · AFFORDABLE HOUSING · IL · 35% owned · share of income -$20 · share of assets $1,023,913

  • ENCUENTRO SQUARE I LP

    RELATED · AFFORDABLE HOUSING · IL · 0.01% owned · share of income -$20 · share of assets $1,023,912 · general or managing partner

  • ENCUENTRO SQUARE II LP

    RELATED · AFFORDABLE HOUSING · IL · 0.01% owned · share of income -$90 · share of assets $2,565,458 · general or managing partner

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • TIERRA LINDA LLC

    C · AFFORDABLE HOUSING · IL · 100% owned · share of income -$71 · share of assets $1,741,436

    Directly controlled by LUCHA

  • MADRES UNIDAS DEVELOPMENT CORPORATION

    C · AFFORDABLE HOUSING · IL · 100% owned · share of income -$33 · share of assets $20,153

    Directly controlled by LUCHA

  • HPR GP LLC

    C · AFFORDABLE HOUSING · IL · 79% owned · share of income -$226,566 · share of assets $369,141

    Directly controlled by LUCHA

  • BORINQUEN BELLA DEVELOPMENT CORP

    C · AFFORDABLE HOUSING · IL · 100% owned · share of income -$37 · share of assets $287,561

    Directly controlled by LUCHA

  • LUCHA ENCUENTRO LLC

    C · AFFORDABLE HOUSING · IL · 100% owned · share of income -$20 · share of assets $1,023,913

    Directly controlled by LUCHA

  • ENCUENTRO SQUARE II GP LLC

    C · AFFORDABLE HOUSING · IL · 35% owned · share of income -$90 · share of assets $2,565,458

    Directly controlled by LUCHA

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.2
Source object
202503219349320150

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.