Overview
What is Community Housing Associates Inc?
Community Housing Associates Inc, based in Baltimore, Maryland, is a dedicated nonprofit organization. Their primary mission involves providing low-income housing to adults struggling with mental illnesses in the Baltimore city area. By developing and managing affordable housing, they aim to support individuals and families affected by psychiatric disabilities, ensuring they have a stable living environment. With a workforce of eight dedicated individuals, Community Housing Associates Inc plays a crucial role in enhancing the lives of those in need.
Official website here: www.chaincmd.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Star rating)
Community Housing Associates Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in its accountability and finance practices. The organization shows a strong commitment to its mission, evidenced by an impressive Program Expense Ratio of 81.27%, which indicates that a significant portion of its budget is allocated directly to programs. Additionally, the charity boasts a high Culture & Community score of 97, demonstrating its positive impact and engagement within the community.
The nonprofit's board composition includes 66% independent members, which supports transparency and governance. The organization has a comprehensive set of policies in place, including conflict of interest and whistleblower policies, and it has achieved full marks in several governance and feedback metrics. However, it faces some limitations; it has not posted its tax form on its website, which could affect accessibility for potential donors seeking more information.
Overall, while Community Housing Associates Inc demonstrates strong governance, financial practices, and community engagement, addressing the transparency issue regarding its tax form could enhance trust and further support from stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Community Housing Associates Inc legitimate?
Community Housing Associates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Housing Associates 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: $184,380
Professional Fundraising Fees: $0
Other Salaries and Wages: $192,888
For more financial information, click here
Official website here: www.chaincmd.org
What is the mission statement of Community Housing Associates Inc?
Community Housing Associates Inc is committed to developing and managing affordable housing for low-income individuals and families who are affected by psychiatric disabilities. Their mission is centered around providing a suitable living space for mentally ill adults, aiming to enhance their quality of life. By managing these homes, they aim to create a supportive environment that caters to their unique needs, thereby contributing to their overall well-being.
Official website here: www.chaincmd.org
Who is the CEO of Community Housing Associates Inc?
Nico Sanders is the President of Community Housing Associates Inc.
Official website here: www.chaincmd.org
What is the revenue of Community Housing Associates Inc?
Community Housing Associates Inc's revenue in 2022 was $1,880,783.
Official website here: www.chaincmd.org
Who are the executives of Community Housing Associates Inc and what are their salaries?
The average compensation at Community Housing Associates Inc during 2022 was $47,158. There are 8 employees at Community Housing Associates Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $217,909
- Other: $30,400
- Compensation: $53,969
- Related: $0
- Other: $10,119
- Compensation: $59,308
- Related: $0
- Other: $11,519
- Compensation: $40,385
- Related: $0
- Other: $1,165
Official website here: www.chaincmd.org
Where can I find the form 990 for Community Housing Associates Inc?
Community Housing Associates Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chaincmd.org
Learn more at the official website: www.chaincmd.org
Mission Statement of Community Housing Associates Inc
Community Housing Associates Inc, a notable organization, is dedicated to a unique mission. They strive to develop and manage affordable housing for low-income individuals and families in Baltimore City who are impacted by psychiatric disabilities. This mission is driven by the belief that every individual deserves a safe and secure living space, regardless of their mental health status. The organization's primary goal is to provide housing that is both affordable and accommodating to the specific needs of those living with psychiatric disabilities. By doing so, Community Housing Associates Inc aims to improve the quality of life for these individuals, enabling them to live with dignity and independence.
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Impact
July, 2024
Community Housing Associates Inc has a significant impact on the lives of low-income individuals and families in Baltimore City who are affected by psychiatric disabilities. Through its efforts to develop and manage affordable housing, this organization provides a crucial lifeline for mentally ill adults in the community. By offering stable and safe housing options, Community Housing Associates Inc contributes to the overall well-being and recovery of its residents, helping them to lead more secure and fulfilling lives.
This information is meant to be a general summary of Community Housing Associates 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: $13,066
- Program Service Revenue: $1,479,004
- Gross Receipts: $1,880,783
Assets and Liabilities:
- Total Assets: $1,238,844
- Total Liabilities: $1,146,388
- Net Assets: $92,456
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM RENTS
Revenue
$1,193,994
MANAGEMENT FEES
Revenue
$285,010
Organization Details
Founding Year
1988
Phone
(410) 545-4429Principal Officer
Nico Sanders
Main Address
2918-B GLENMORE AVENUE, BALTIMORE, MD, 21214
Website
www.chaincmd.orgNTEE Category
Code: L20Z - Housing
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