MORTGAGE RESOLUTION FUND LLC
120 S LASALLE ST SUITE 1850, CHICAGO, IL 60603 mortgageresolutionfund.org

Total Revenue
$0
Total Expenses
$3,986
Net Assets
$0

Organizations Filed Purposes: MRF, LLC WAS ESTABLISHED TO LESSEN THE BURDENS OF STATE HOUSING AGENCIES, AS WELL AS THE FEDERAL GOVERNMENT, RELIEVE THE POOR AND DISTRESSED AND PROMOTE SOCIAL WELFARE THROUGH THE GOALS OF LESSENING NEIGHBORHOOD TENSIONS, COMBATING COMMUNITY DETERIORATION, AND ELIMINATING PREJUDICE AND DISCRIMINATION, ALL OF WHICH HAVE INCREASED AS A RESULT OF THE FORECLOSURE CRISIS. AS NOTED ABOVE, COMMUNITIES, PARTICULARLY LOW-INCOME AND MINORITY COMMUNITIES, HAVE ALREADY BEEN RAVAGED BY THE EFFECTS OF MILLIONS OF FORECLOSURES, AND CURRENT EFFORTS AND RESOURCES ARE SIMPLY NOT ADEQUATE TO ADDRESS THE IMPACT OF AN ADDITIONAL 12 MILLION HOMES IN DEFAULT OR SEVERE RISK THEREOF. TO ACCOMPLISH ITS PURPOSE, MRF WILL ASSIST STATE AGENCIES IN KEEPING FAMILIES IN THEIR HOMES AND STABILIZING NEIGHBORHOODS BY PURCHASING DELINQUENT MORTGAGE NOTES AT A DISCOUNT; PERMANENTLY MODIFYING THE MORTGAGES OF QUALIFYING HOUSEHOLDS TO AN AFFORDABLE LEVEL; AND PROVIDING HOUSEHOLDS NOT ELIGIBLE FOR MODIFICATION WITH SUPPORT T

TO LESSEN THE BURDENS OF STATE & FEDERAL GOVT AND TO RELIEVE THE POOR & DISTRESSED & PROMOTE SOCIAL WELFARE BY LESSENING NEIGHBORHOOD TENSIONS INCREASED BY THE FORECLOSURE CRISIS

IN 2018 THE ORGANIZATION DISPOSED OF ITS REMAINING PROGRAM ASSETS AND THE ENTITY WAS DISSOLVED IN 2019.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Rob GrossingerDIRECTOR/MANAGER1$0
Mary Jo BarrancoTREASURER1$0
Tom BledsoeDIRECTOR/MANAGER1$0
Steve SpearsCHAIR/DIRECTOR/MANAGER1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202003229349301140_public.xml