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Community Housing Inc

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

EIN: 521804975 ✦ Silver spring, MD ✦ Designated as a 501(c)(3)

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Overview

What is Community Housing Inc?

Community Housing Inc, serving as a supporting organization, collaborates with Community Preservation and Development Corporation (CPDC), a 501(c)(3) entity. Their primary role is to offer technical assistance in the development and management of affordable housing for low-income individuals and families. By supporting CPDC and related entities, Community Housing Inc contributes to promoting and preserving safe, decent, and affordable living spaces for these tenants.

Is Community Housing Inc legitimate?

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

For more financial information, click here

What is the mission statement of Community Housing Inc?

Community Housing Inc serves as a supporting organization to Community Preservation and Development Corporation (CPDC). Its primary mission is to assist CPDC and related entities in the development and management of affordable housing for low-income individuals and families. By providing technical assistance, Community Housing Inc aims to promote and preserve safe and decent living spaces for those who may not otherwise have access to such accommodations. In essence, its purpose is to support CPDC's mission of providing affordable housing solutions for low-income tenants.

Who is the CEO of Community Housing Inc?

Brian P Mclaughlin is the Principal Officer of Community Housing Inc.

What is the revenue of Community Housing Inc?

Community Housing Inc's revenue in 2022 was $4,305,684.

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


Here are 10 key members and their salaries:


Brian Mclaughlin (President)
  • Compensation: $0
  • Related: $634,188
  • Other: $24,135
Christine Madigan (Evp & Chief Business Officer)
  • Compensation: $0
  • Related: $551,286
  • Other: $45,732
Todd Del Tufo (Vp, Asset Management)
  • Compensation: $0
  • Related: $329,462
  • Other: $40,445
Jeffrey Galentine (Treasurer)
  • Compensation: $0
  • Related: $259,591
  • Other: $45,295
Kelly Shiflett (Svp & Cfo)
  • Compensation: $0
  • Related: $646,044
  • Other: $43,150
Linda Manley (Clo & Secretary As Of 12/2022)
  • Compensation: $0
  • Related: $341,976
  • Other: $37,584
Robert Fossi (Svp, Real Estate Development)
  • Compensation: $0
  • Related: $297,497
  • Other: $53,652
Shelynda Brown (Vp, Real Estate Development)
  • Compensation: $0
  • Related: $251,243
  • Other: $35,976
Stephanie Shack (General Counsel & Assist Sec)
  • Compensation: $0
  • Related: $480,037
  • Other: $25,284
Charles Werhane (Former Director (Until 03/20))
  • Compensation: $0
  • Related: $1,684,582
  • Other: $16,754
Where can I find the form 990 for Community Housing Inc?

Community Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Community Housing Inc

Community Housing Inc, serving as a supporting organization, plays a crucial role in aiding Community Preservation and Development Corporation (CPDC). This 501(c)(3) organization was established with the primary goal of promoting and preserving safe and affordable housing for low-income individuals and families. In this capacity, Community Housing Inc provides technical assistance to CPDC and other related entities, contributing to the development and asset management of these housing units. By doing so, Community Housing Inc supports CPDC in fulfilling its mission, thereby contributing to the provision of decent and secure living spaces for those in need.

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Impact




October, 2024

Community Housing Inc plays a crucial role in promoting and preserving decent, safe, and affordable housing for low-income individuals and families. By providing technical assistance in the development and asset management of low-income housing, it directly contributes to the creation and sustainability of housing solutions that meet the needs of vulnerable populations.

Located in Silver Spring, Maryland, Community Housing Inc supports the Community Preservation and Development Corporation, reinforcing efforts to ensure that affordable housing remains accessible. Through its initiatives, the organization helps to stabilize communities, improve living conditions, and empower families by ensuring they have a secure place to call home. Its focus on collaboration and assistance strengthens the housing infrastructure and enhances the overall quality of life for those it serves, making a significant impact in the realm of community housing.




This information is meant to be a general summary of Community 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
$4,305,684 (2022)
Expenses
$2,224,818 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,197,450
  • Program Service Revenue: $2,108,234
  • Gross Receipts: $4,305,684

Assets and Liabilities:

  • Total Assets: $74,237,576
  • Total Liabilities: $18,803,772
  • Net Assets: $55,433,804

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Programs

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

DEVELOPMENT FEES

Revenue

$1,208,584

ASSET MANAGEMENT FEES

Revenue

$848,086

Organization Details

Founding Year

1993

Principal Officer

Brian P Mclaughlin

Main Address

8403 COLESVILLE ROAD 1150, SILVER SPRING, MD, 20910

NTEE Category

Code: L20B - Housing

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