Overview
What is Chwc Inc?
Chwc Inc, based in Kansas City, KS, is a dedicated nonprofit organization that focuses on enhancing communities through housing and related developments. They achieve this by offering various services, including servicing loans for first, second, rehabilitation, and deferred mortgages, providing down-payment assistance to new homeowners, and developing real estate on over 60 building lots. Chwc Inc has completed 12 new homes and sold 16 homes to facilitate affordable homeownership. Furthermore, they engage in homebuyer education programs and community organizing, aiming to promote homeownership and strengthen local neighborhoods. Their activities also extend to safety efforts, ensuring the well-being of the communities they serve.
Official website here: www.chwckck.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 89% - Three-Star out of Four Star rating
Chwc Inc has achieved an overall rating of 89% from Charity Navigator, indicating a solid level of accountability and financial health. The organization demonstrates strong governance, with a fully independent board and effective policies in place for audit oversight, conflict of interest, and whistleblower protections. However, while they maintain a working capital ratio that suggests financial stability, there are some areas within their program expenses and fundraising efficiency that could use improvement.
User feedback from GreatNonprofits presents a contrasting view, as one review highlights significant concerns regarding the organization's management and staff behavior. The reviewer reported a hostile environment and alleged retaliatory actions from the landlord, indicating issues related to tenant privacy and building maintenance. Such feedback raises questions about the overall experience for clients served by the organization.
This discrepancy between the positive ratings from Charity Navigator and the critical user review suggests that while Chwc Inc is performing well in terms of financial accountability, there may be serious operational issues that need addressing to enhance the client experience and ensure trust within the community.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Chwc Inc legitimate?
Chwc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chwc 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: $119,613
Professional Fundraising Fees: $0
Other Salaries and Wages: $332,433
For more financial information, click here
Official website here: www.chwckck.org
What is the mission statement of Chwc Inc?
Chwc Inc, through its activities, aims to enhance and revitalize communities. This is achieved primarily by focusing on improved housing and related developments. The organization serves to promote and preserve homeownership by providing loans for various mortgage types, including first, second, rehab, and deferred mortgages. Moreover, it extends down-payment assistance to new homeowners. Chwc Inc also engages in real estate development, having completed projects on over 60 building lots and selling homes to offer affordable homeownership options. Additionally, the company offers homebuyer education programs and plays a role in community organizing and safety efforts.
Official website here: www.chwckck.org
Who is the CEO of Chwc Inc?
Brennan Crawford is the Executive Director/Ceo of Chwc Inc. The CEO's salary of Chwc Inc is $113,000 and their total compensation is $119,613.
Official website here: www.chwckck.org
What is the revenue of Chwc Inc?
Chwc Inc's revenue in 2022 was $2,959,722.
Official website here: www.chwckck.org
Who are the executives of Chwc Inc and what are their salaries?
The average compensation at Chwc Inc during 2022 was $23,792. There are 19 employees and 55 volunteers at Chwc Inc.
Here are 13 key members and their salaries (Chwc Inc's CEO's salary is $113,000 and their total compensation is $119,613):
- Compensation: $113,000
- Related: $0
- Other: $6,613
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- Other: $0
Official website here: www.chwckck.org
Where can I find the form 990 for Chwc Inc?
Chwc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chwckck.org
Learn more at the official website: www.chwckck.org
Mission Statement of Chwc Inc
Chwc Inc, as a mission-driven organization, focuses on enhancing communities by investing in improved housing and related developments. Their primary objective is to foster and maintain homeownership through the servicing of various types of mortgages, including first, second, rehabilitation, and deferred loans. Moreover, Chwc Inc extends financial aid in the form of down-payment assistance to new homeowners, thereby making the dream of homeownership more attainable.
Beyond mortgage services, Chwc Inc is actively engaged in real estate development. They have developed properties on over 60 building lots, completed 12 new homes, and sold 16 homes at affordable prices. This commitment to affordable housing not only meets the immediate needs of the community but also contributes to the long-term revitalization of the area.
In addition to housing developments, Chwc Inc offers homebuyer education programs to empower individuals with the knowledge necessary to successfully navigate the homebuying process. Furthermore, the organization engages in community organizing and safety efforts, working collaboratively to improve the overall well-being of the communities they serve.
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Impact
July, 2024
Chwc Inc's impact is substantial in Kansas City, KS, as it plays a crucial role in stabilizing, revitalizing, and reinvesting in communities through improved housing and related developments. By promoting and preserving homeownership through various loan servicing programs, down-payment assistance initiatives, and real estate development projects, Chwc Inc contributes significantly to ensuring affordable housing options and sustainable communities. Their efforts in offering homebuyer education programs and community organizing further enhance the overall well-being and security of the neighborhoods they serve.
This information is meant to be a general summary of Chwc 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: $353
- Program Service Revenue: $332,710
- Gross Receipts: $5,237,140
Assets and Liabilities:
- Total Assets: $9,277,552
- Total Liabilities: $4,767,409
- Net Assets: $4,510,143
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEE INCOME
Revenue
$94,403
HOME RENTAL INCOME
Revenue
$89,575
COMMUNITY EPIC ARTS PROGRAM
Revenue
$70,931
BROKERAGE FEES
Revenue
$44,182
MORTGAGE INTEREST
Revenue
$18,236
Organization Details
Founding Year
1981
Phone
(913) 342-7580Principal Officer
Brennan Crawford
Main Address
2 SOUTH 14TH STREET, KANSAS CITY, KS, 66102
Website
www.chwckck.orgNTEE Category
Code: L82Z - Housing
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