Fiscal year ending 2024. Filed on May 15, 2025.
1005 West End Avenue
Chicago Heights, Illinois 60411
Southstar Housing Inc. (EIN: 20-5833636) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Southstar Housing Inc., a 501(c)(3) charitable organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $203,042. The highest compensated employee at Southstar Housing Inc. is Gus van Den Brink with fiscal year 2024 compensation of $297,409.
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Expenses
Employee compensation
SOUTH STAR HOUSING WAS FORMED IN 2006 FOR THE DEVELOPMENT AND OPERATION OF A DWELLING HOME FOR PERSONS WITH DEVELOPMENTAL DISABILITIES. THIS PROJECT, REFERRED TO AS THE CANDICE HOUSE, HAS SIX BEDROOMS AND HOUSES SIX ADULT WOMEN WHO ARE DEVELOPMENTALLY DELAYED. HOUSING IS OPERATED UNDER SECTION 811 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. HOUSING'S MAJOR PROGRAM IS ITS SECTION 811 CAPITAL ADVANCE. HOUSING HAS ALSO ENTERED INTO A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC) WITH HUD TO PROVIDE RENT SUBSIDIES, AND AS A RESULT, A SIGNIFICANT PORTION OF THE PROJECT'S RENTAL INCOME IS RECEIVED FROM HUD. THE PROJECT IS MANAGED BY KMG MANAGEMENT LLC UNDER AN AGREEMENT APPROVED BY HUD WHICH PROVIDES FOR A MONTHLY MANAGEMENT FEE.
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