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Crf Affordable Housing Inc

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

EIN: 474379637 ✦ Plainfield, IN ✦ Designated as a 501(c)(3)

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Overview

What is Crf Affordable Housing Inc?

Crf Affordable Housing Inc is a nonprofit organization situated in Plainfield, Indiana, with a workforce of 46 employees. Their mission is to enhance the lives of low-income individuals, older adults, and those with special needs by providing them with suitable housing facilities and essential services. Through meticulous oversight, they manage 19 low-income housing properties, ensuring their management teams adhere to policies, procedures, and regulatory compliance. To further support their residents, Crf Affordable Housing, Inc. develops social programs and services, ensuring their charitable purpose is met.


Official website here: www.crf.net

What are the reviews and ratings of this charity?

Charity Navigator Rating 88% - Three-Star out of Four Star Rating

Crf Affordable Housing Inc has received an 88% rating from Charity Navigator, indicating a solid performance in accountability and finance. This rating is particularly strong due to the charity's commitment to maintaining an independent board and a robust financial management system, as evidenced by their perfect score in financial statements and a low liabilities to assets ratio.

However, there are some areas for improvement. The absence of a whistleblower policy and document retention and destruction policy is noted. Additionally, the nonprofit has not posted its tax form on its website, which may affect transparency for potential donors and stakeholders.

Overall, while Crf Affordable Housing Inc demonstrates strong accountability measures and effective financial practices, addressing the noted limitations could enhance their operational integrity and public trust.


This AI summary has been generated from information found on Charity Navigator.

Is Crf Affordable Housing Inc legitimate?

Crf Affordable Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Crf Affordable 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: $701,733
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,186,137

For more financial information, click here


Official website here: www.crf.net

What is the mission statement of Crf Affordable Housing Inc?

Crf Affordable Housing Inc is dedicated to enhancing the lives of low-income individuals, older adults, and other special needs populations. They accomplish this mission by managing and overseeing 19 housing properties, each with a dedicated team. Through the development of policies, procedures, social programs, and services for residents, Crf Affordable Housing Inc ensures the welfare of its tenants. Additionally, they ensure compliance with program regulations and government agencies to fulfill their charitable purpose. Their commitment extends beyond housing, addressing the unique needs of their residents and striving to make a positive impact on their communities.


Official website here: www.crf.net

Who is the CEO of Crf Affordable Housing Inc?

David Cooper is the President of Crf Affordable Housing Inc.


Official website here: www.crf.net

What is the revenue of Crf Affordable Housing Inc?

Crf Affordable Housing Inc's revenue in 2023 was $22,065,905.


Official website here: www.crf.net

Who are the executives of Crf Affordable Housing Inc and what are their salaries?

The average compensation at Crf Affordable Housing Inc during 2023 was $127,997. There are 46 employees at Crf Affordable Housing Inc.


Here are 7 key members and their salaries:


David Cooper (President)
  • Compensation: $299,012
  • Related: $0
  • Other: $10,103
Tim Shrout (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Paino (Secretary And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Bocik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Tibbetts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik Cooper (Vice President)
  • Compensation: $246,865
  • Related: $0
  • Other: $4,428
Dwayne Shaw (Executive Director)
  • Compensation: $141,325
  • Related: $0
  • Other: $0


Official website here: www.crf.net

Where can I find the form 990 for Crf Affordable Housing Inc?

Crf Affordable Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.crf.net

Learn more at the official website: www.crf.net

Mission Statement of Crf Affordable Housing Inc

Crf Affordable Housing Inc, a notable nonprofit organization, is dedicated to enhancing the welfare of low-income individuals, older adults, and other special needs populations. The organization achieves this mission through the provision of housing facilities and services tailored to meet their unique needs.

The team at Crf Affordable Housing Inc supports 19 low-income housing properties by overseeing each property's management team. They accomplish this by developing specific policies and procedures, initiating social programs and services for the residents, and ensuring adherence to program regulations and government agencies' guidelines to maintain their charitable purpose.

Crf Affordable Housing Inc goes beyond merely managing housing properties. They strive to create an environment where every resident feels cared for and supported. By implementing well-designed policies, programs, and services, they aim to enhance the quality of life for those they serve, making a significant impact on the communities they touch.

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Impact




October, 2024

Crf Affordable Housing Inc plays a vital role in addressing the housing needs of low and moderate-income individuals, older adults, and other special needs populations. By overseeing 19 low-income housing properties, the organization ensures that management teams are effectively supported and held accountable through the establishment of robust policies and procedures.

Moreover, Crf Affordable Housing Inc prioritizes the development of social programs and services tailored to the unique needs of residents, fostering a sense of community and enhancing overall well-being. Their commitment to compliance with program regulations and collaboration with various government agencies ensures that residents receive the essential support and services necessary for a stable living environment.

Through these efforts, Crf Affordable Housing Inc not only provides access to affordable housing but also promotes the long-term welfare of vulnerable populations, contributing significantly to the enhancement of quality of life and community resilience.




This information is meant to be a general summary of Crf Affordable 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.

Revenue
$22,065,905 (2023)
Expenses
$17,777,710 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $12,325,022
  • Program Service Revenue: $7,110,883
  • Gross Receipts: $22,065,905

Assets and Liabilities:

  • Total Assets: $87,662,956
  • Total Liabilities: $12,666,095
  • Net Assets: $74,996,861

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Programs

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

SERVICE PROVIDER REVENUE

Revenue

$6,215,673

PROPERTY MANAGEMENT FEES

Revenue

$569,557

DEVELOPER FEES

Revenue

$143,216

MISCELLANEOUS

Revenue

$110,509

ACCOUNTING COST REIMBURSEMENT

Revenue

$71,928

Organization Details

Founding Year

2015

Principal Officer

David Cooper

Main Address

2498 PERRY CROSSING WAY 260, PLAINFIELD, IN, 46168

NTEE Category

Code: L20 - Housing

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