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Illinois · Nonprofit

THE AFFORDABLE HOUSING CORPORATION OF LAKE COUNTY

THE AFFORDABLE HOUSING CORPORATION OF LAKE COUNTY (Illinois) receives grants from 3 organizations whose IRS filings report $36,454 to it, the largest being FOREFRONT ($30,400). 0 of them have funded it in more than one year.

Revenue FY2024
$2.9M
Funders on record
3
Grants received
$36k
Net assets
$1.3M
0/3 repeat funderspeak grant-dependency 1%
01What it does

What The Affordable Housing Corporation of Lake County does

Mission

To provide decent, safe and sanitary housing that is affordable to low and moderate-income persons and to stabilize and strengthen communities by improving the local housing stock. The corporation shall administer programs that revitalize neighborhoods and increase and preserve affordable housing options in the northern section of the chicago metropolitan statistical area.

As stated on its FY2024 Form 990.

Programs

  1. Community land trust and other community partners for affordable housing (cpah) support.

    $1,276,301 spentof which $42,500 as grants$1,063,721 earned by the program
    45% of program spending
  2. Acquisition, rehabilitation, and resale of affordable hosuing for low-to-moderate income households (arui).

    $1,177,430 spent$1,345,229 earned by the program
    42% of program spending
  3. Other program management (opm)

    $118,101 spent
    4% of program spending
  4. Ihda single family rehab, rental housing support program, owner occupied rehab (oor), home accessibility program (hap) and other programs.

    $251,536 spent$427,753 earned by the program
    9% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,823,368.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20192019 Revenue 100 ($3.4M) Expenses 100 ($3.3M) Net assets 100 ($1.1M)2020 Revenue 77 ($2.6M) Expenses 78 ($2.6M) Net assets 101 ($1.1M)2021 Revenue 130 ($4.4M) Expenses 123 ($4.1M) Net assets 125 ($1.4M)2022 Revenue 152 ($5.1M) Expenses 158 ($5.3M) Net assets 114 ($1.3M)2023 Revenue 111 ($3.7M) Expenses 113 ($3.8M) Net assets 113 ($1.3M)2024 Revenue 85 ($2.9M) Expenses 86 ($2.9M) Net assets 112 ($1.3M)
201920202021202220232024
Revenue (85)Expenses (86)Net assets (112)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $3.7M to $2.3M (−40%).

$2.7M
$2.4M
$3.7M
$2.3M
$2.1M
$1.9M
201920202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 2%. Grants only. Government contracts and fees sit inside program revenue.

0% of THE AFFORDABLE HOUSING CORPORATION OF LAKE COUNTY’s revenue is contributions — more earned-revenue than three-quarters of its peers (81% for the typical peer).

This organization
Typical peer · 11,793 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 6 reported years ran a deficit.

$40k
’19
$6k
’20
$281k
’21
−$123k
’22
−$15k
’23
−$13k
’24
1.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

201920202021202220232024
Listed444456
Joined·+0+0+0+1+1
No longer listed·00000
03Who funds it

Who funds it, year by year

2018 → 2019: the base broadened from 1 funder to 2 funders, grant income rose $6k → $31k.

Funder
'18
'19
total
Forefrontunclassified
$30k
funders
1
2

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 16% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THE AFFORDABLE HOUSING CORPORATION OF LAKE COUNTY’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE AFFORDABLE HOUSING CORPORATION OF LAKE COUNTY leans on a few funders — its largest provides 83% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

99% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE AFFORDABLE HOUSING CORPORATION OF LAKE COUNTY.

83%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2018 100% · 2019 99% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of THE AFFORDABLE HOUSING CORPORATION OF LAKE COUNTY's grant income comes from Illinois funders.

IL

Funder states come from each funder’s own filing. $6k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THE AFFORDABLE HOUSING CORPORATION OF LAKE COUNTY's funding base is broadening — from 1 funders to 2 as grant income climbed.

Operating margin−0% · below the median
Months of reserve1.1mo · bottom quartile
Revenue growth (annualized)−3% · bottom quartile

this organization peer median middle 50% of peers· 11,263 human services nonprofits $1M–$10M, FY2024

Organizations like THE AFFORDABLE HOUSING CORPORATION OF LAKE COUNTY

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

98% of spending goes to programs.

Program 98%Management 2%Fundraising 0%

Governance

4
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

98%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IL

Screen this organization

A dated, signed PDF of the compliance screen for THE AFFORDABLE HOUSING CORPORATION OF LAKE COUNTY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE AFFORDABLE HOUSING CORPORATION OF LAKE COUNTY?
THE AFFORDABLE HOUSING CORPORATION OF LAKE COUNTY (Illinois) receives grants from 3 organizations whose IRS filings report $36,454 to it, the largest being FOREFRONT ($30,400). 0 of them have funded it in more than one year.
How many funders does THE AFFORDABLE HOUSING CORPORATION OF LAKE COUNTY have?
IRS filings report 3 organizations giving $36,454 in grants to THE AFFORDABLE HOUSING CORPORATION OF LAKE COUNTY.
Who is the largest funder of THE AFFORDABLE HOUSING CORPORATION OF LAKE COUNTY?
FOREFRONT is the largest funder on record, with $30,400 in grants. The full list of funders is on this page.
How can an organization like THE AFFORDABLE HOUSING CORPORATION OF LAKE COUNTY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing