ALPHA KAPPA ALPHA HOUSING FOUNDATION INC

EIN: 364046332 501(c)(3) Housing & Shelter

CHICAGO, IL

Total Revenue
$190,806
Total Expenses
$65,462
Total Assets
$2,526,282
Net Assets
$2,526,282
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1908
Legal Domicile
IL
Principal Officer
DANETTE ANTHONY REED
Phone
7733714432
Tax Period
2024-01-01 to 2024-12-31

ALPHA KAPPA ALPHA HOUSING FOUNDATION INC, founded in 1908, is a small nonprofit in the Housing & Shelter sector that reported $191K in total revenue in fiscal year 2024. The organization ran a surplus of $125K, a strong 66% operating margin.

Mission

ALPHA KAPPA ALPHA HOUSING FOUNDATION IS ORGANIZED FOR NON-PROFIT PURPOSES WHICH INCLUDE RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL SUPPORT: 1. To assist college and professional students, former students, and graduates in the acquisition and ownership of housing accommodations and aid them in the advancement of their education, research, civic, cultural, and socioeconomic and leadership development.2. To provide housing for low and moderate income families, families displaced from urban renewal areas as a result of government action, handicapped or disabled individuals in need of appropriate housing, and those individuals and families displaced as a result of a natural disaster.3. To train youth and community development volunteers engaged in a wide variety of community outreach projects to handle varying issues relating to youth and families stabilization including, but not limited to home acquisition and maintenance, home ownership matters, budget/financial managemen

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $117,405
Investment Income $73,401
Other Revenue $0
TOTAL REVENUE $190,806

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $52,369
Other Expenses $65,462
TOTAL EXPENSES $65,462

Year-over-Year Comparison

2024 2023 Change
Revenue $190,806 $196,781 0.0%
Expenses $65,462 $90,262 -0.3%
Net Income $125,344 $106,519 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
18
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
18
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MAKAYLA BROWN UNDERGRAD MEM 0.00
Officer
$0 $0 $0
DANETTE ANTHONY REED President 2.00
Officer
$0 $0 $0
CHARLETTA WILSON JACKS 1ST VICE PRES 2.00
Officer
$0 $0 $0
ALYSSE ELAINE GUERRIER 2ND VICE PRES 4.00
Officer
$0 $0 $0
CAROLYN G RANDOLPH GRAMMATEUS 3.00
Officer
$0 $0 $0
KARLA A HAL TAMIOUCHOS 2.00
Officer
$0 $0 $0
MARTHA L PERINE BEARD PARLIAMENTARIAN 1.00
Officer
$0 $0 $0
ELICIA PEGUES SPEARMAN ATL REG DIR 1.00
Officer
$0 $0 $0
NADINE VARGAS STEWART MID ATL REG DIR 5.00
Officer
$0 $0 $0
TIFFANY MOORE RUSSELL S ATL REG DIR 4.00
Officer
$0 $0 $0
GWENDOLYN KIRTLEY GR LAKE REG DIR 5.00
Officer
$0 $0 $0
TRACEY MORANT ADAMS S EAST REG DIR 3.00
Officer
$0 $0 $0
JOYA T HAYES S CENT REG DIR 3.00
Officer
$0 $0 $0
KIAHNA W DAVIS CENT REG DIR 3.00
Officer
$0 $0 $0
ANIKA STARLING MIDWEST REG DIR 3.00
Officer
$0 $0 $0
SHELBY D BOAGNI FARWEST REG DIR 3.00
Officer
$0 $0 $0
CARRIE J CLARK INT REG DIRECTO 3.00
Officer
$0 $0 $0
IMANI MARIE BUTTS UNDERGRAD MEM 3.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $190,806 $65,462 $2,526,282 $125,344
2023 $196,781 $90,262 $2,400,936 $106,519
2022 $952,209 $27,289 $2,294,417 $924,920
2021 $354,201 $162,901 $1,369,498 $191,300
2020 $190,570 $146,305 $1,178,259 $44,265
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