Overview
What is Community Homebuyers Corporation?
Community Homebuyers Corporation is a nonprofit organization situated in South Bend, Indiana, specifically at 227 W Jefferson Blvd 1400 S. Their primary mission is to offer affordable housing opportunities to low and moderate-income families within St. Joseph County, Indiana. The organization emphasizes providing housing opportunities in neighborhoods considered at risk. In 2022, they provided 11 new, forgivable mortgage loans to low and moderate-income families for downpayment assistance and serviced 196 first mortgage loans for the same income group.
Official website here: www.ahomeallmyown.org
Is Community Homebuyers Corporation legitimate?
Community Homebuyers Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Homebuyers Corporation 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.
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Official website here: www.ahomeallmyown.org
What is the mission statement of Community Homebuyers Corporation?
The Community Homebuyers Corporation is committed to providing affordable housing opportunities to low and moderate-income households. This mission is particularly focused on neighborhoods considered at risk of housing issues. In 2022, the organization offered 11 loans with forgivable mortgage loans for downpayment assistance to eligible families. Furthermore, they also serviced 196 first mortgage loans for low and moderate-income families. The corporation's efforts aim to make housing more accessible for those who need it the most.
Official website here: www.ahomeallmyown.org
Who is the CEO of Community Homebuyers Corporation?
Mark Dollinger is the Director of Community Homebuyers Corporation.
Official website here: www.ahomeallmyown.org
What is the revenue of Community Homebuyers Corporation?
Community Homebuyers Corporation's revenue in 2022 was $341,430.
Official website here: www.ahomeallmyown.org
Who are the executives of Community Homebuyers Corporation and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.ahomeallmyown.org
Where can I find the form 990 for Community Homebuyers Corporation?
Community Homebuyers Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ahomeallmyown.org
Learn more at the official website: www.ahomeallmyown.org
Mission Statement of Community Homebuyers Corporation
Community Homebuyers Corporation, a nonprofit organization, is committed to providing affordable housing opportunities to low and moderate-income households in St. Joseph County, Indiana. With a focus on revitalizing neighborhoods considered at risk, the corporation aims to expand housing possibilities within this demographic. By offering new forgivable mortgage loans for downpayment assistance, the organization assists families in securing homes they might otherwise be unable to afford. Furthermore, Community Homebuyers Corporation services first mortgage loans provided to low and moderate-income families, ensuring they have the support they need throughout their homeownership journey.
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Impact
October, 2024
Community Homebuyers Corporation significantly enhances the housing landscape in St. Joseph County, Indiana, by creating affordable housing opportunities for low and moderate-income households, particularly in neighborhoods at risk of housing instability. In 2022 alone, the organization facilitated 11 new forgivable mortgage loans, specifically aimed at providing down payment assistance, which is crucial for families seeking to own their homes. Additionally, by servicing 196 first mortgage loans, they play a vital role in ensuring that more families can access the financial resources necessary for homeownership. Their efforts contribute to stabilizing communities, fostering economic growth, and improving the quality of life for many residents in the area.
This information is meant to be a general summary of Community Homebuyers Corporation. 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.
- Program Service Revenue: $32,230
- Gross Receipts: $341,430
Assets and Liabilities:
- Total Assets: $456,631
- Total Liabilities: $218,519
- Net Assets: $238,112
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICING FEES
Revenue
$21,774
PROGRAM ADMINISTRATION FEE
Revenue
$4,566
UNDERWRITING FEE
Revenue
$2,250
INSPECTION FEE
Revenue
$2,050
MORTGAGE LOAN INTEREST
Revenue
$1,590
Organization Details
Founding Year
1992
Phone
(574) 235-5921Principal Officer
Mark Dollinger
Main Address
227 W JEFFERSON BLVD 1400 S, SOUTH BEND, IN, 46601
Website
www.ahomeallmyown.orgNTEE Category
Code: L800 - Housing
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