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Credit & Homeownership Empowerment Services

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 273693233 ✦ Kansas city, MO ✦ Designated as a 501(c)(3)

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Overview

What is Credit & Homeownership Empowerment Services?

Credit & Homeownership Empowerment Services is a HUD-endorsed nonprofit organization located at 3125 Gillham Plaza, Kansas City, Missouri. Their primary mission is to empower low to moderate income individuals and families, providing them with the necessary knowledge, skills, and confidence for sustained financial and homeownership success. As a housing financial credit education counseling and coaching service, they offer guidance and coaching to help their clients make informed decisions about their finances and homeownership aspirations. Their activities are geared towards fostering long-term financial stability and homeownership, thereby contributing positively to the communities they serve.


Official website here: www.chesinc.org

Is Credit & Homeownership Empowerment Services legitimate?

Credit & Homeownership Empowerment Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Credit & Homeownership Empowerment Services 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: $204,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $732,832

For more financial information, click here


Official website here: www.chesinc.org

What is the mission statement of Credit & Homeownership Empowerment Services?

Credit & Homeownership Empowerment Services is committed to empowering low to moderate income individuals and families. Their mission is to equip these groups with the necessary knowledge, skills, and confidence for long-term financial and homeownership success. Through HUD-approved housing financial, credit education, counseling, and coaching, they strive to help individuals overcome financial challenges and achieve their homeownership goals. By providing these services, they aim to contribute to the financial stability and prosperity of the communities they serve.


Official website here: www.chesinc.org

What is the revenue of Credit & Homeownership Empowerment Services?

Credit & Homeownership Empowerment Services's revenue in 2024 was $3,665,348.


Official website here: www.chesinc.org

Who are the executives of Credit & Homeownership Empowerment Services and what are their salaries?

The average compensation at Credit & Homeownership Empowerment Services during 2024 was $78,069. There are 12 employees and 4 volunteers at Credit & Homeownership Empowerment Services.

Here are 5 key members and their salaries:


Coley Williams (President)
  • Compensation: $102,000
  • Related: $0
  • Other: $0
Ron Farmer (Vice President)
  • Compensation: $102,000
  • Related: $0
  • Other: $0
Cynthia Anderson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruby Adams (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Harper (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.chesinc.org

Where can I find the form 990 for Credit & Homeownership Empowerment Services?

Credit & Homeownership Empowerment Services's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.chesinc.org

Learn more at the official website: www.chesinc.org

Mission Statement of Credit & Homeownership Empowerment Services

Credit & Homeownership Empowerment Services is committed to empowering low to moderate income individuals and families. Their mission is to equip these individuals with the necessary knowledge, skills, and confidence for long-term financial and homeownership success. By offering housing financial credit education, counseling, and coaching, Credit & Homeownership Empowerment Services aims to help these individuals and families achieve financial stability and the dream of homeownership. Their services are approved by HUD, indicating their commitment to providing reliable and effective assistance. By empowering these individuals, Credit & Homeownership Empowerment Services is contributing to the betterment of communities and the promotion of financial independence.

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Impact




October, 2024

Credit & Homeownership Empowerment Services has a profound impact on low to moderate-income individuals and families by equipping them with essential knowledge and skills for sustainable financial stability and homeownership. Through HUD-approved housing financial credit education, counseling, and coaching, the organization fosters confidence among participants, enabling them to make informed decisions about their financial futures.

The programs offered help demystify the complexities of credit management and home buying, breaking down barriers that often prevent marginalized communities from achieving their homeownership goals. By focusing on education and empowerment, the organization not only enhances individuals' understanding of financial systems but also inspires hope and agency in their financial journeys, ultimately contributing to stronger, more resilient communities in Kansas City, MO.




This information is meant to be a general summary of Credit & Homeownership Empowerment Services. 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.

Revenue
$3,665,348 (2024)
Expenses
$2,874,236 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $7,657
  • Gross Receipts: $3,665,348

Assets and Liabilities:

  • Total Assets: $5,052,650
  • Total Liabilities: $1,611,270
  • Net Assets: $3,441,380

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Homebuyer Education Courses

Revenue

$7,657

Program 2

Revenue

$0

Program 3

Revenue

$0

Program 4

Revenue

$0

Program 5

Revenue

$0

Organization Details

Founding Year

2010

Principal Officer

Coley Williams

NTEE Category

Code: P51 - Human services

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