Overview
What is Community Housing Concepts Inc?
Community Housing Concepts Inc, located in Denver, Colorado, is a dedicated nonprofit organization. Their primary mission is to provide affordable housing options for low-income families, the elderly, and individuals with disabilities. They achieve this by either fully owning or having an interest in numerous affordable housing properties. The organization's activities are centered around ensuring that these vulnerable groups have access to suitable and affordable living spaces, contributing positively to their communities.
Official website here: www.communityhousingconcepts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Community Housing Concepts Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting high standards of accountability and finance. The organization's rating is based entirely on its strong performance in these areas, indicating a healthy financial state and effective governance practices.
Key strengths include a fully independent board of directors and robust financial oversight mechanisms, such as an audit committee. With no material diversion of assets reported, and high scores in program expense ratios, it demonstrates a commitment to maximizing the impact of funds raised on its housing initiatives.
However, while the financial indicators are strong, the rating does not provide insights into the organization's programmatic effectiveness or long-term impact on community housing. Therefore, while the financial management is exemplary, potential donors may want to consider seeking additional information about the outcomes of the organization's efforts in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Community Housing Concepts Inc legitimate?
Community Housing Concepts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Housing Concepts 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
Official website here: www.communityhousingconcepts.org
What is the mission statement of Community Housing Concepts Inc?
Community Housing Concepts Inc is committed to providing affordable housing solutions for low-income families, the elderly, and individuals with disabilities. They accomplish this mission by either fully owning or holding an interest in numerous affordable housing properties. Their primary goal is to make suitable living arrangements accessible for these vulnerable groups, thereby contributing to a more inclusive and equitable community.
Official website here: www.communityhousingconcepts.org
What is the revenue of Community Housing Concepts Inc?
Community Housing Concepts Inc's revenue in 2023 was $9,537,294.
Official website here: www.communityhousingconcepts.org
Who are the executives of Community Housing Concepts Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.communityhousingconcepts.org
Where can I find the form 990 for Community Housing Concepts Inc?
Community Housing Concepts Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.communityhousingconcepts.org
Learn more at the official website: www.communityhousingconcepts.org
Mission Statement of Community Housing Concepts Inc
Community Housing Concepts Inc, as a nonprofit organization, is dedicated to providing affordable housing solutions for families living below the income threshold, the elderly, and individuals with disabilities. Their mission is to ensure that these vulnerable groups have access to reasonably priced dwellings by either fully or partially owning numerous affordable housing properties across various locations. By providing affordable housing, Community Housing Concepts Inc strives to contribute positively to the lives of those in need, enabling them to maintain a stable and secure living environment.
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Impact
October, 2024
Community Housing Concepts Inc plays a crucial role in enhancing the quality of life for low-income families, elderly, and handicapped individuals by providing access to affordable housing in Denver, CO. Through ownership and management of various affordable housing properties, the organization directly addresses the pressing need for safe, stable, and dignified living situations for those who may otherwise struggle to secure housing due to financial constraints.
By ensuring that these vulnerable populations have a place to live, Community Housing Concepts Inc not only fosters community stability but also contributes to the overall well-being of neighborhoods. Their commitment to affordable housing helps to reduce homelessness and housing insecurity, promoting healthier outcomes for families and individuals in the area. The organization's impact extends beyond providing shelter; it enhances community ties and empowers residents by creating supportive living environments that enable them to thrive.
The work of Community Housing Concepts Inc exemplifies a significant societal contribution, making a tangible difference in the lives of many while fostering a more inclusive and equitable community in Denver.
This information is meant to be a general summary of Community Housing Concepts 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 2023.
- Investment Income: $1,883,446
- Program Service Revenue: $2,296,983
- Gross Receipts: $9,537,294
Assets and Liabilities:
- Total Assets: $88,172,059
- Total Liabilities: $39,735,280
- Net Assets: $48,436,779
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,269,927
SERVICES FEES
Revenue
$644,730
1602 FUNDS
Revenue
$382,326
Organization Details
Founding Year
2005
Principal Officer
Marty Dimas
NTEE Category
Code: L21 - Housing
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