The Hatchery Title Holding Corporation NFP
Public records raise at least one point you should look into before giving.
What it says it does
THE ORGANIZATION WAS ORGANIZED FOR THE FOLLOWING CHARITABLE ACTIVITIES (A) TO ACQUIRE AND HOLD TITLE TO CERTAIN REAL PROPERTY LOCATED AT 135 N. KENZIE, CHICAGO, ILLINOIS 60612 (THE "PROPERTY"); (B) TO BORROWER FUNDS AND IMPROVE THE PROPERTY; (C) TO LEASE THE PROPERTY TO THE HATCHERY MASTER TENANT LLC (THE "MASTER TENANT") AND THE MASTER TENANT WILL IN TURN SUBLEASE THE PROPERTY TO (I) INDUSTRIAL COUNCIL OF NEARWEST CHICAGO AND (II) ALLIES FOR COMMUNITY BUSINESS; (D) TO COLLECT INCOME FROM THE MASTER TENANT FOR THE PROPERTY; (E) TO PAY CERTAIN EXPENSES FOR THE PROPERTY INCLUDING DEBT SERVICE AND APPROPRIATE RESERVES; AND (F) TO REMIT THE ENTIRE AMOUNT OF SUCH INCOME IN ANNUAL DISTRIBUTIONS, LESS SUCH EXPENSES, TO ITS MEMBERS, WHICH SHALL ALL BE ILLINOIS NONPROFIT PUBLIC BENEFIT CORPORATIONS RECOGNIZED AS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE CODE.
- Income
- $1.2 million
- Spending
- $1.2 million
- Employees
- 0
- Volunteers
- 0
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $1.1 million spent. THE ORGANIZATION LEASES COMMERCIAL SPACES TO THE HATCHERY MASTER TENANT LLC, CONSISTENT WITH THE CHARITABLE PURPOSE OF THE ORGANIZATION.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(25) organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(25) organization as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 2018.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.