Overview
What is Community Housing Corporation Of America Inc?
Community Housing Corporation of America Inc is a nonprofit organization dedicated to creating and preserving affordable housing opportunities. With a mission to provide moderate and low-income housing, they identify and develop properties and collaborate with local governmental agencies to transform these into affordable living spaces. Their efforts aim to address housing needs and contribute to the well-being of communities.
Official website here: www.communityhousingcorporation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Community Housing Corporation Of America Inc received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 65%. This rating is primarily based on the organization's accountability and finance measures, which have been flagged for improvement, especially in areas like board independence and financial oversight. The lack of independent board members and limited board size indicate potential governance challenges.
Despite these concerns, the organization demonstrates strengths in specific areas, such as its robust program expense ratio, reflecting a commitment to direct programming and services. The audit and oversight committee has also performed well, indicating a level of financial diligence. However, the organization has fallen short in transparency, particularly regarding its financial documents, which are not fully accessible on its website.
Overall, while the Community Housing Corporation Of America has some positive attributes, significant improvements are needed in governance and financial transparency to enhance trust and effectiveness. Addressing these areas could contribute to a more favorable evaluation in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Community Housing Corporation Of America Inc legitimate?
Community Housing Corporation Of America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Housing Corporation Of America 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: $156,850
Professional Fundraising Fees: $0
Other Salaries and Wages: $200,119
For more financial information, click here
Official website here: www.communityhousingcorporation.org
What is the mission statement of Community Housing Corporation Of America Inc?
Community Housing Corporation of America Inc is a nonprofit organization committed to providing affordable housing for individuals with moderate and low income. Through identifying and developing properties, CHC transforms them into affordable living spaces in collaboration with local governmental agencies. The corporation's mission goes beyond development as it seeks to maintain the affordability of these housing units, ensuring that they remain accessible to those in need. CHC's efforts contribute significantly to addressing housing inequality and improving the quality of life for countless families.
Official website here: www.communityhousingcorporation.org
Who is the CEO of Community Housing Corporation Of America Inc?
Susan Landwehr Marshall is the President of Community Housing Corporation Of America Inc.
Official website here: www.communityhousingcorporation.org
What is the revenue of Community Housing Corporation Of America Inc?
Community Housing Corporation Of America Inc's revenue in 2022 was $20,501,248.
Official website here: www.communityhousingcorporation.org
Who are the executives of Community Housing Corporation Of America Inc and what are their salaries?
The average compensation at Community Housing Corporation Of America Inc during 2022 was $178,484. There are 2 employees and 2 volunteers at Community Housing Corporation Of America Inc.
Here are 5 key members and their salaries:
- Compensation: $90,000
- Related: $0
- Other: $0
- Compensation: $40,000
- Related: $0
- Other: $0
- Compensation: $26,850
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.communityhousingcorporation.org
Where can I find the form 990 for Community Housing Corporation Of America Inc?
Community Housing Corporation Of America Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.communityhousingcorporation.org
Learn more at the official website: www.communityhousingcorporation.org
Mission Statement of Community Housing Corporation Of America Inc
Community Housing Corporation of America, a renowned nonprofit organization, is dedicated to providing affordable housing solutions. With a mission to create and maintain economically viable housing options for moderate and low-income individuals, this corporation identifies and develops properties that cater to this demographic.
In their quest to address housing affordability, Community Housing Corporation collaborates with local governmental agencies. Together, they transform properties into affordable living spaces, ensuring that individuals and families with limited financial resources have access to safe and comfortable homes. Their efforts extend beyond just identifying and developing properties; they also work towards maintaining these properties to keep them in top condition, providing residents with a stable living environment.
Community Housing Corporation's commitment to affordable housing is rooted in their belief that everyone deserves a place to call home. By focusing on creating opportunities for affordable housing, they contribute to stronger communities and improved quality of life for countless individuals. Their mission not only helps to address the immediate needs of those in need of housing but also aims to contribute to long-term economic stability and growth.
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Impact
October, 2024
Community Housing Corporation of America Inc plays a vital role in addressing the pressing need for affordable housing in St. Paul, MN. By actively seeking out opportunities to create and maintain moderate and low-income housing, the organization significantly impacts the community by improving residents' quality of life and promoting economic stability.
The corporation identifies and develops properties, collaborating with local governmental agencies to transform these spaces into affordable housing units. This initiative not only alleviates housing insecurity but also fosters diverse, sustainable neighborhoods where families can thrive.
Through its efforts, Community Housing Corporation empowers individuals and families with access to safe, affordable homes, ultimately contributing to the overall health and wellbeing of the community.
This information is meant to be a general summary of Community Housing Corporation Of America 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: $13,477,295
- Program Service Revenue: $5,403,954
- Gross Receipts: $34,431,477
Assets and Liabilities:
- Total Assets: $62,045,263
- Total Liabilities: $41,351,702
- Net Assets: $20,693,561
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENTIAL RENTAL INC
Revenue
$4,927,369
CHILD CENTER RENTAL
Revenue
$356,544
OTHER FEES, REIMBURSEM
Revenue
$120,041
Organization Details
Founding Year
1990
Phone
(651) 605-5222Principal Officer
Susan Landwehr Marshall
Main Address
161 ST ANTHONY AVENUE 825, ST PAUL, MN, 55103
NTEE Category
Code: L200 - Housing
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