Overview
What is Community Homes Housing Inc?
Community Homes Housing Inc, located in Columbia, Maryland, serves as a leading nonprofit organization dedicated to addressing housing needs in Howard County. Their mission is to provide financing for the development, acquisition, or renovation of low-income and affordable rental housing projects, ensuring accessibility for low-income families and individuals. By offering such financial assistance, they aim to contribute to the creation of safe, high-quality, and affordable rental housing options in the area. Additionally, Community Homes Housing Inc grants funds to nonprofit organizations that support the stability of low-income residents, thereby contributing to the overall well-being of the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 71%)
Community Homes Housing Inc has received a "Needs Improvement" rating, indicating that while some aspects of the organization are strong, there are significant areas requiring attention. With an overall score of 71%, the organization demonstrates good accountability and governance with a fully independent board and a solid liabilities to assets ratio. However, the financial reporting elements raise concerns, particularly the lack of transparency regarding financial statements.
The nonprofit excels in maintaining an independent board structure and has a good program expense ratio, suggesting effective allocation of resources towards its mission. However, the organization has not established a conflict of interest policy, a whistleblower policy, or made financial documents readily available on its website. These deficiencies point to a potential lack of transparency that could undermine stakeholder trust.
While Community Homes Housing Inc shows promise in its operational structure, there are critical improvements needed in its financial reporting practices and overall transparency. Addressing these issues will be essential for building confidence among donors and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Community Homes Housing Inc legitimate?
Community Homes Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Homes Housing Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Community Homes Housing Inc?
Community Homes Housing Inc aims to establish itself as the leading non-profit organization in its field, focusing on providing financing for the development, acquisition, or renovation of low-income and affordable rental housing projects across a specific region. Their primary goal is to offer safe, high-quality, and affordable housing options to low and moderate-income families and individuals. To achieve this, the organization offers financing for projects and grants to non-profit organizations that serve the housing needs of the community, thereby providing stability to its residents.
Who is the CEO of Community Homes Housing Inc?
Daniel Kelliher is the Director of Community Homes Housing Inc.
What is the revenue of Community Homes Housing Inc?
Community Homes Housing Inc's revenue in 2022 was $638,323.
Who are the executives of Community Homes Housing Inc and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Community Homes Housing Inc?
Community Homes Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Community Homes Housing Inc
Community Homes Housing Inc, as a leading non-profit agency, is dedicated to being a pioneer in providing financing for the development, acquisition, or rehabilitation of low-income and affordable rental housing projects across various locations. Their mission is twofold: firstly, they aim to offer financial support for the creation of such projects, and secondly, they strive to provide safe and high-quality, affordable rental housing for low and moderate-income families and individuals. To achieve these goals, the organization also offers grants to non-profit organizations that serve the housing needs and contribute to the stability of low-income residents in their communities. By doing so, Community Homes Housing Inc plays a crucial role in addressing the affordable housing crisis, ensuring that everyone has access to a secure and comfortable living environment.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Community Homes Housing Inc has a significant impact on the Howard County community in Maryland by providing financing for the development, acquisition, and rehabilitation of low-income and affordable rental housing projects. This organization plays a crucial role in offering safe, high-quality, and affordable rental housing for low and moderate-income families and individuals in the area. Through its mission to be the premier non-profit agency in Howard County for affordable housing, Community Homes Housing Inc helps address the housing needs of vulnerable residents and contributes to promoting stability and security in the community.
This information is meant to be a general summary of Community Homes Housing Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $638,323
- Gross Receipts: $1,080,509
Assets and Liabilities:
- Total Assets: $34,981,090
- Total Liabilities: $0
- Net Assets: $34,981,090
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2004
Phone
(410) 730-6595Principal Officer
Daniel Kelliher
Main Address
6680 MARTIN RD, COLUMBIA, MD, 21044
NTEE Category
Code: L21 - Housing
If you are a representative of Community Homes Housing Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.