Joseph Corporation of Illinois, Inc.

Street Address:
32 S. Broadway
Aurora, IL 60505
Mailing Address:P.O. Box 525
Aurora, IL 60507

Phone: 630-906-9400
Fax: 630-906-9406
Website: www.josephcorporation.org

Dennis Wiggins, Interim Executive Director

Contact Name: Louise A Ideran
Phone: 630-906-9400
Fax: 630-906-9406
Email: louise@josephcorp.org


Staff Size: Full Time: 4    Part Time: 1

Background
Joseph Corporation was formed in 1991 to address affordable housing needs in Aurora. Services and programs have included multi-family development, home ownership education and counseling, employer assisted housing, and home rehabilitation. Distressed properties are purchased, rehabbed, and sold to families of low and moderate income. Homeownership and foreclosure prevention counseling is provided to hundreds of families in the Kane County region with approximately 40% of clients representing minority populations. Joseph Corporation continues ownership interest in 126 units of low or moderate income housing.

Mission
Empowering individuals, stabilizing families, and revitalizing neighborhoods through a variety of economic and social initiatives.

Total Operating Expense (9/30/2007): $924,871

 Lines of Business
  • Asset and Property Management

  • Home Ownership Promotion Services

  • Lending and Loan Portfolio Management

  • Real Estate Development


    • National NeighborWorks ® Programs
  • NeighborWorks Campaign for Home Ownership

    • Accomplishments in FY 2008
  • Provided 8 families with pre- and post- purchase housing counseling.
  • Rehabilitated or repaired 0 rental or owner occupied units (1-4 units).
  • Assisted 7 families in purchasing a home through homeownership counseling, downpayment, closing cost or financing assistance.
  • Owned or managed 126 rental units.
  • Invested $ in the community through Joseph Corporation of Illinois, Inc.'s revolving loan fund, which leveraged $1,788,268 from conventional lenders and other sources.
  • Total direct investment in the community is $1,788,268.

    • Additional Accomplishments
    Date Additional Accomplishment
    7/16/2009 _

    Community Services
  • Financial Planning and Assistance

  •  Down-payment Assistance

  • Green Building and Home Improvement

  •  Indoor Environment Quality

  • Housing Programs and Home Ownership Counseling

  •  Housing for Elderly

  •  Housing for Handicapped

  •  Housing for Homeless


    • Board of Directors
    NameBoard Role/TitleSectorCompany/OrganizationJob Title
    John P CurleyBoard PresidentLocal GovernmentCity of AuroraAsst. Director of Community Director
    Philip DeLaFuenteBoard SecretaryFinancial InstitutionOld Second National BankVice-President
    Jimmie DelgadoBoard TreasurerBusinessSikich Certified Public Accountants & Auditors 
    Patrick DivineBoard MemberLocal GovernmentFox Metro Reclamation CenterHuman Resources
    Daniel J Dolan IIIBoard MemberBusinessDolan & Murphy Real EstateRealtor
    John FrerichBoard MemberBusinessWalter E Deuchler Associates, Inc.Vice President
    Juany GarzaBoard MemberLocal GovernmentCity of AuroraAlderman, Ward 2
    Ron JohnsonBoard Vice PresidentFinancial InstitutionRegency BankVice-President
    Avis MillerBoard MemberResidentTaking Back our CommunityPresident
    G William RichardsBoard MemberBusinessG.W. Richards Law OfficeAttorney
    Mark SemmlerBoard MemberResident  
    Carrie WilliamsBoard MemberResident  

    About the NeighborWorks ® Network
    The NeighborWorks® network is a nationwide network of more than 240 community development organizations working in nearly 4358 urban, suburban and rural communities across America. These organizations engage in revitalization strategies that strengthen communities and transform lives. In the last five years alone, NeighborWorks® organizations have generated more than $8.5 billion in reinvestment and helped more than 500,000 families of modest means purchase or improve their homes or secure safe, decent rental or mutual housing.

    NeighborWorks ® America Contact Information
    District:  North Central
    Name:  Diana Mitchell
    Phone:  816-714-1211
    Toll-Free:  800-823-1428
    Fax:  816-714-1291
    Email:  dmitchell@nw.org