2024-10-04T13:26:43-05:00 2024-06-30 COHNREZNICK LLP 1 SOUTH WACKER DRIVE SUITE 3550 CHICAGO IL 60606 990 2023-07-01 364028986 CASL HOUSING CORPORATION C/O EMBRACE LIVING COMMUNITIES % EMBRACE LIVING COMMUNITIES CASL 6305218701 1900 SPRING ROAD SUITE 300 OAKBROOK IL 605231480 ANNE OLIVA PRESIDENT 6305218850 2024-10-04 true true KAREN A SCHAEFER P00545171 3125085900 2023 2024-10-15 13:58:12Z ANNE OLIVA 1900 SPRING ROAD SUITE 300 OAKBROOK IL 605231480 1298849 false X WWW.EMBRACELIVING.ORG X 1995 IL TO PROVIDE ACTIVELY AGING ADULTS AFFORDABLE WELCOMING HOMES IN COMMUNITIES THAT EMBRACE LIVING. 5 5 0 10 0 0 0 1255545 1288880 1568 1633 18340 8336 1275453 1298849 0 0 0 0 462530 424159 0 0 0 996492 1069083 1459022 1493242 -183569 -194393 3436322 3240144 59207 57422 3377115 3182722 X CASL SENIOR HOUSING IS A 90-UNIT HUD SUBSIDIZED HOUSING COMMUNITY MANAGED BY EMBRACE LIVING COMMUNITIES FOR LOW INCOME SENIORS AND THOSE PERSONS WITH SPECIAL HOUSING NEEDS. OUR MISSION IS TO PROVIDE ACTIVELY AGING ADULTS AFFORDABLE WELCOMING HOMES IN COMMUNITIES THAT EMBRACE LIVING. false false 1379508 1298849 TO PROVIDE ACTIVELY AGING ADULTS AFFORDABLE WELCOMING HOMES IN COMMUNITIES THAT EMBRACE LIVING. 1379508 true false false false false false false false false false true false false true true false true false false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 3 0 true 0 false false false false false false X 5 5 false true false false false false false true true false false true true true true true true false false false X X EMBRACE LIVING COMMUNITIES 6305218701 1900 SPRING ROAD SUITE 300 OAK BROOK IL 605231480 PAUL H LUU DIRECTOR 0.2 0.0 X 0 168000 12495 SAMANTHA NG DIRECTOR 0.2 0.0 X 0 0 0 PHILIP WONG DIRECTOR 0.2 0.0 X 0 0 0 CARY WONG PRESIDENT 0.2 0.0 X X 0 0 0 ANNE SHAW SECRETARY 0.2 0.0 X X 0 0 0 0 168000 12495 0 false true false AMERICAN SECURITY GUARD SERVICES 1515 SOUTH HARLEM AVENUE FOREST PARK IL 60130 SECURITY SERVICES 227577 1 0 TENANTS' RENTAL PAYMENTS 531110 237666 237666 TENANT ASSISTANCE PAYMENTS 531110 1051214 1051214 1288880 1633 1633 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 LAUNDRY AND VENDING 532000 1307 1307 MISCELLANEOUS REVENUE 531390 6597 6597 TENANT CHARGES 531390 432 432 8336 1298849 1298849 0 0 0 0 0 0 264664 264664 0 135534 135534 23961 23961 92779 92779 1809 1809 20908 20908 0 0 0 0 0 20606 20606 0 0 142590 142590 0 0 2025 2025 0 0 225219 225219 62646 62646 MISCELLANEOUS 3312 3265 47 REPAIRS AND MAINTENANCE 144283 144283 SCAVENGER 17439 17439 SECURITY 241058 241058 94409 94409 1493242 1379508 113734 0 X 19353 6264 0 0 0 0 476 22 0 0 0 0 0 0 0 0 1683 1683 7956275 5473425 2510928 2482850 0 0 0 0 0 0 0 0 903882 749325 3436322 3240144 39206 36521 0 0 0 0 0 0 0 0 0 0 0 0 0 0 20001 20901 59207 57422 X -3352585 -3546978 6729700 6729700 3377115 3182722 3436322 3240144 -194393 X false true X true true true X 948894 983191 998611 1030794 1288880 5250370 0 0 948894 983191 998611 1030794 1288880 5250370 0 5250370 1864 856 702 1568 1633 6623 0 7240 22820 23937 18340 8336 80673 5337666 0.98364 0.98327 X 619997 619997 6297516 4796441 1501075 384351 267054 117297 390042 177164 212878 264369 232766 31603 2482850 TENANTS DEPOSITS HELD IN TRUST 25840 REPLACEMENT RESERVE 415809 RESIDUAL RECEIPTS RESERVE 22521 ESCROW DEPOSITS 102230 PAINTING RESERVE 182925 749325 0 TENANTS SECURITY DEPOSITS HELD 20901 20901 1298849 1298849 1298849 1493242 1493242 1493242 false false false false false false false false false PAUL H LUU DIRECTOR 168000 12495 180495 CASL HOUSING CORPORATION CASL HOUSING CORPORATION DBA CASL SENIOR HOUSING WAS INCORPORATED AS A NOT-FOR-PROFIT CORPORATION IN THE STATE OF ILLINOIS IN 1995. IT WAS FORMED TO ACQUIRE LAND AND CONSTRUCT BUILDINGS TO HOUSE LOW-INCOME ELDERLY AND HANDICAPPED PERSONS AS DEFINED BY THE NATIONAL HOUSING ACT 1959. CASL SENIOR HOUSING IS A 90-UNIT, GOVERNMENT-SUBSIDIZED HOUSING COMMUNITY MANAGED BY EMBRACE LIVING COMMUNITIES FOR SENIORS AND PHYSICALLY CHALLENGED ADULTS WITH LIMITED RESOURCES. IT IS LOCATED AT 2108 S PRINCETON, CHICAGO, ILLINOIS. APPLICANTS MUST BE AT LEAST 62 YEARS OF AGE AND MUST MEET FEDERAL INCOME GUIDELINES. AN APPLICANT'S INCOME MUST BE AT OR BELOW THE "VERY LOW" INCOME STANDARD ESTABLISHED BY THE FEDERAL DEPARTMENT OF HOUSING & URBAN DEVELOPMENT. RENT AT THIS HOUSING COMMUNITY DOES NOT EXCEED 30% OF THE RESIDENT'S GROSS MONTHLY INCOME. CASL SENIOR HOUSING OFFERS AN ON-SITE MANAGER AND SOCIAL WORKER WHO HAVE COMPLETED NATIONAL CERTIFICATION PROGRAMS. MAINTENANCE AND HOUSEKEEPING IS ALSO ON-SITE. THE HOUSING COMMUNITY OFFERS ORGANIZED ACTIVITIES, LAUNDRY FACILITIES, A COMMUNITY ROOM, PARKING, AND BUILDING SECURITY. EMPLOYEES ALL EMPLOYEES ARE CO-EMPLOYED BY A PEO (PROFESSIONAL EMPLOYMENT ORGANIZATION), SYNERGY PEO LLC AND EMBRACE LIVING COMMUNITIES. ALL FORMS, INCLUDING W-2'S AND REPORTS, ARE ISSUED UNDER THE EIN OF SYNERGY PEO LLC 76-0721382. THE REPORTING CORPORATION REIMBURSES EMBRACE LIVING COMMUNITIES FOR ALL EMPLOYEE COMPENSATION EXPENSES. MANAGEMENT EMBRACE LIVING COMMUNITIES, A NOT-FOR-PROFIT CORPORATION, IS THE MANAGING AGENT OF CASL SENIOR HOUSING AND RECEIVES MANAGEMENT FEES AS A PERCENTAGE OF THE GROSS RENTS, INCLUDING RENTAL SUBSIDIES AND OTHER INCOME UNDER TERMS OF A MANAGEMENT AGREEMENT APPROVED BY HUD. THE MANAGING AGENT IS RESPONSIBILE FOR ALL DAY TO DAY ACTIVITIES OF THE ORGANIZATION SUCH AS MAINTAINING THE BUILDING, RESIDENT SUPPORT, HIRING AND SUPERVISING THE EMPLOYEES. IT ALSO PROVIDES ALL THE NECESSARY BOOKKEEPING AND ACCOUNTING SERVICES AND SUBMITS ALL THE REQUIRED FINANCIAL REPORTS. ALL DECISIONS AND REPORTS ARE PRESENTED AND DISCUSSED WITH THE BOARD OF DIRECTORS AND APPROVED BY THE BOARD OF DIRECTORS. REVIEW PRIOR TO ITS SUBMISSION, FORM 990 IS REVIEWED AND APPROVED BY THE EXECUTIVE VICE PRESIDENT/CFO OF EMBRACE LIVING COMMUNITIES. IT IS THEN PRESENTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL. CONFLICT OF INTEREST THE CORPORATION HAS A WRITTEN CONFLICT OF INTEREST POLICY. TO ENSURE COMPLIANCE WITH THIS POLICY, THE ORGANIZATION REQUIRES THE FOLLOWING: ON AN ANNUAL BASIS, ALL MEMBERS OF THE BOARD OF DIRECTORS, THE EXECUTIVE LEADERSHIP TEAM, MEMBERS OF SENIOR MANAGEMENT, AND EMPLOYEES WITH PURCHASING AND/OR HIRING RESPONSIBILITIES OR AUTHORITY SHALL INFORM, IN WRITING, THE CHAIRMAN OF THE BOARD THE CHAIR OF THE FINANCE/AUDIT COMMITTEE, AND THE ORGANIZATION'S EXECUTIVE LEADERSHIP TEAM OF ALL REPORTABLE CONFLICTS. PRIOR TO THE PREPARATION OF THE DISCLOSURE STATEMENTS, THE FINANCE DEPARTMENT SHALL DISTRIBUTE A LIST OF ALL VENDORS WITH WHOM THE ORGANIZATION HAS TRANSACTED BUSINESS AT ANY TIME DURING THE PRECEDING YEAR, ALONG WITH A COPY OF THE DISCLOSURE STATEMENT. THE EXECUTIVE LEADERSHIP TEAM SHALL REVIEW ALL FORMS COMPLETED BY EMPLOYEES, AND THE FINANCE/AUDIT COMMITTEE CHAIRMAN OF THE BOARD SHALL REVIEW ALL COMPLETED FORMS AND DETERMINE APPROPRIATE RESOLUTION IN ACCORDANCE WITH NEXT SECTION OF THIS POLICY. IF A CONFLICT ARISES DURING THE YEAR, THE EMPLOYEE OR BOARD MEMBER WILL IMMEDIATELY NOTIFY THE EXECUTIVE LEADERSHIP TEAM WHO WILL DETERMINE APPROPRIATE RESOLUTION. ALL REAL OR APPARENT CONFLICTS OF INTEREST SHALL BE DISCLOSED TO THE FINANCE/AUDIT COMMITTEE CHAIRMAN OF THE BOARD AND THE EXECUTIVE LEADERSHIP TEAM OF THE ORGANIZATION. CONFLICTS SHALL BE RESOLVED AS FOLLOWS: THE CHAIR OF THE FINANCE/AUDIT COMMITTEE SHALL BE RESPONSIBLE FOR MAKING ALL DECISIONS CONCERNING RESOLUTIONS OF CONFLICTS INVOLVING THE BOARD DIRECTORS AND THE EXECUTIVE LEADERSHIP TEAM. THE CHAIRMAN OF THE BOARD SHALL BE RESPONSIBLE FOR MAKING ALL DECISIONS CONCERNING RESOLUTIONS OF CONFLICTS INVOLVING FINANCE/AUDIT COMMITTEE MEMBERS. THE EXECUTIVE LEADERSHIP TEAM SHALL BE RESPONSIBLE FOR MAKING ALL DECISIONS CONCERNING RESOLUTIONS OF CONFLICTS INVOLVING EMPLOYEES BELOW THE SENIOR MANAGEMENT LEVEL, SUBJECT TO THE APPROVAL OF THE FINANCE/AUDIT COMMITTEE. AN EMPLOYEE OR DIRECTOR MAY APPEAL THE DECISION THAT A CONFLICT, OR APPEARANCE OF CONFLICT, EXISTS AS FOLLLOWS: *AN APPEAL MUST BE DIRECTED TO THE CHAIRMAN OF THE BOARD. *APPEALS MUST BE MADE WITHIN 30 DAYS OF THE INITIAL DETERMINATION. *RESOLUTION OF THE APPEAL SHALL BE MADE BY VOTE OF THE FULL BOARD OF DIRECTORS. *BOARD MEMBERS WHO ARE THE SUBJECT OF THE APPEAL, OR WHO HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE SUBJECT OF THE APPEAL, SHALL ABSTAIN FROM PARTICIPATING IN, DISCUSSING, OR VOTING ON THE RESOLUTION, UNLESS THEIR DISCUSSION IS REQUESTED BY THE REMAINING MEMBERS OF THE BOARD. FAILURE TO COMPLY WITH THE STANDARDS CONTAINED IN THIS POLICY WILL RESULT IN DISCIPLINARY ACTION THAT MAY INCLUDE TERMINATION, REFERRAL FOR CRIMINAL PROSECUTION, AND REIMBURSEMENT TO THE ORGANIZATION OR TO THE GOVERNMENT FOR ANY LOSS OR DAMAGE RESULTING FROM THE VIOLATION. AS WITH ALL MATTERS INVOLVING DISCIPLINARY ACTION, PRINCIPLES OF FAIRNESS WILL APPLY. ANY EMPLOYEE CHARGED WITH A VIOLATION OF THIS POLICY WILL BE AFFORDED AN OPPORTUNITY TO EXPLAIN HIS/HER ACTIONS BEFORE DISCIPLINARY ACTION IS TAKEN. DOCUMENTS THE GOVERNING DOCUMENTS AND THE FINANCIAL STATEMENTS OF THE ORGANIZATION ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE GOVERNING DOCUMENTS AND THE FINANCIAL STATEMENTS OF THE ORGANIZATION ALSO CAN BE FOUND ON THE INTERNET IN WEBSITES FOR NOT-FOR-PROFIT ORGANIZATIONS LIKE WWW.GUIDESTAR.COM. CHINESE AMERICAN SERVICE LEAGUE INC 2141 S TAN CT CHICAGO IL 60616 362984043 NFP SCIAL SER IL 501(C)(3) 509(a) NA false false false false false false false false false false false false false false false true false false false CHINESE AMERICAN SERVICE LEAGUE P 64090 AMOUNT BILLED