Community Health Facilities Fund Inc

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

EIN: 521750670 ✦ Stamford, CT ✦ Designated as a 501(c)(3)

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Overview

What is Community Health Facilities Fund Inc?

Community Health Facilities Fund Inc, based in Stamford, Connecticut, is a nonprofit organization that specializes in providing technical assistance to other nonprofits seeking loans or dealing with financing and refinancing needs, totaling approximately half a million dollars. Their primary mission is to offer long-term credit enhancement for tax-exempt loans to community-based behavioral healthcare organizations (CHBOS). By doing so, they contribute to the construction, renovation, or equipment of these facilities, ensuring they have the necessary resources to function effectively. Furthermore, Community Health Facilities Fund Inc offers technical assistance to CHBOS, guiding them in financial management techniques to ensure prompt and successful loan repayment.


Official website here: www.chff.org

Is Community Health Facilities Fund Inc legitimate?

Community Health Facilities Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Health Facilities Fund 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.chff.org

What is the mission statement of Community Health Facilities Fund Inc?

The Community Health Facilities Fund Inc's mission is centered around providing long-term credit enhancement for tax-exempt loans to nonprofit community-based behavioral healthcare organizations (CHBOS). These organizations often require funding for facility construction, renovation, or equipment upgrades. The fund also offers technical assistance to CHBOS, aiding them in financial management techniques to ensure timely and successful loan repayment. The objective is to strengthen the financial stability of these healthcare organizations, thereby enhancing their ability to deliver essential services to the communities they serve.


Official website here: www.chff.org

What is the revenue of Community Health Facilities Fund Inc?

Community Health Facilities Fund Inc's revenue in 2023 was $39,724.


Official website here: www.chff.org

Who are the executives of Community Health Facilities Fund Inc and what are their salaries?

There 3 volunteers at Community Health Facilities Fund Inc.

Here are 3 key members and their salaries:


Christopher Conley (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Adams (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Taub (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.chff.org

Where can I find the form 990 for Community Health Facilities Fund Inc?

Community Health Facilities Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.chff.org

Learn more at the official website: www.chff.org

Mission Statement of Community Health Facilities Fund Inc

Community Health Facilities Fund Inc is dedicated to supporting the long-term financial stability of tax-exempt, community-based behavioral healthcare organizations (CHBOS). Their mission is to enhance the creditworthiness of loans taken by these organizations to construct, renovate, or equip their facilities. Additionally, the fund provides technical assistance to these CHBOS, aiding them in improving their financial management techniques. This assistance is crucial in ensuring timely and successful loan repayment. By offering these services, Community Health Facilities Fund Inc aims to bolster the capacity of CHBOS to deliver essential behavioral health services to their communities.

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Impact




October, 2024

Community Health Facilities Fund Inc significantly enhances the operational and financial capabilities of community-based behavioral healthcare organizations (CHBOs) by providing targeted technical assistance for loan application processes and financial management. By working closely with organizations seeking financing or refinancing, such as facilitating a $500,000 investment, it equips these facilities with the necessary tools and knowledge to effectively manage their financial needs. This support not only helps CHBOs construct, renovate, or equip their facilities but also ensures the prompt and successful repayment of their loans, fostering sustainability and growth within the behavioral health sector. The organization plays a crucial role in strengthening community health infrastructure, ultimately leading to improved access to services and better health outcomes for the populations they serve.




This information is meant to be a general summary of Community Health Facilities Fund 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
$39,724 (2023)
Expenses
$164,400 (2023)
Efficiency

Other financial information:

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

  • Program Service Revenue: $39,724
  • Gross Receipts: $39,724

Assets and Liabilities:

  • Total Assets: $868,399
  • Total Liabilities: $32,059
  • Net Assets: $836,340

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Programs

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

LINE OF CREDIT INT INC

Revenue

$30,959

CERTIFICATE INCOME

Revenue

$8,765

Organization Details

Founding Year

1991

Principal Officer

Christopher Conley

NTEE Category

Code: P80 - Human services

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