Overview
What is Community Housing Trust?
Community Housing Trust is a nonprofit organization situated in Bethesda, Maryland. Its primary mission is to support 501C3 organizations working to address homelessness in the Washington, D.C. area. The trust's objective is to provide financial aid to these organizations, enabling them to enhance their services and effectively help homeless individuals and families transition from temporary housing to permanent solutions. The trust aims to fund organizations that are successfully getting people off the streets and into permanent housing, or those providing case management and services to at-risk or currently homeless individuals and families. During the year ending September 30, 2022, Community Housing Trust awarded grants to these third-party organizations in accordance with its mission.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
Community Housing Trust has earned a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and financial management. The score is derived solely from its Accountability & Finance score of 83, highlighting the organization's commitment to transparency and responsible stewardship of resources.
The nonprofit demonstrates strong governance, with 100% of its board members being independent, ensuring impartial decision-making. Community Housing Trust has also maintained a low ratio of liabilities to assets, indicating financial stability, and allocates a significant portion of its budget—88.07%—toward program expenses, which suggests a focus on fulfilling its mission rather than administrative overhead.
However, there are a couple of areas where the organization could improve. Notably, the absence of a whistleblower policy is a significant oversight, as is the lack of a document retention and destruction policy. Addressing these gaps would enhance their accountability framework and reinforce confidence among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Community Housing Trust legitimate?
Community Housing Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Housing Trust 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:
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Official website here: www.none
What is the mission statement of Community Housing Trust?
The Community Housing Trust's mission is centered around providing financial assistance to organizations in need, with the aim of enhancing their services. Specifically, the community-focused organization aims to support organizations working towards providing permanent housing solutions and community services for homeless individuals and families. The ultimate goal is to provide funding to organizations that are successfully transitioning people from temporary to permanent housing and offering case management and services to at-risk or currently homeless individuals and families. During the year ending September 30, 2022, the Trust awarded grants to third-party 501C3 organizations in accordance with its primary mission.
Official website here: www.none
Who is the CEO of Community Housing Trust?
Christian Schunk is the President of Community Housing Trust.
Official website here: www.none
What is the revenue of Community Housing Trust?
Community Housing Trust's revenue in 2022 was $68,866.
Official website here: www.none
Who are the executives of Community Housing Trust and what are their salaries?
There 5 volunteers at Community Housing Trust.
Here are 5 key members and their salaries:
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Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Community Housing Trust
Community Housing Trust, a nonprofit organization, is committed to supporting organizations that aim to provide permanent housing solutions and community services to homeless individuals and families. The primary mission of Community Housing Trust is to provide grant funding to these organizations in need of financial assistance to enhance their services. By doing so, the Trust aims to help organizations successfully transition individuals from temporary to permanent housing and offer case management and services to at-risk or currently homeless individuals and families. In essence, Community Housing Trust's mission is to contribute financially to organizations that are making a tangible impact in helping the homeless regain stability and independence.
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Impact
August, 2024
Community Housing Trust's impact can be seen in the support it provides to organizations in Washington, DC, working to provide permanent housing solutions and community services to homeless individuals and families. By awarding grants to these organizations, Community Housing Trust plays a crucial role in helping individuals transition from temporary to permanent housing, as well as providing essential case management and services to at-risk or currently homeless individuals and families. Through its mission of funding organizations successfully addressing homelessness, Community Housing Trust contributes to making a tangible difference in the lives of those in need within the community.
This information is meant to be a general summary of Community Housing Trust. 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: $68,866
- Gross Receipts: $290,769
Assets and Liabilities:
- Total Assets: $1,570,849
- Total Liabilities: $0
- Net Assets: $1,570,849
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Organization Details
Founding Year
1993
Phone
(202) 364-6090Principal Officer
Christian Schunk
Main Address
5920 CONWAY ROAD, BETHESDA, MD, 20817
Website
www.noneNTEE Category
Code: L80Z - Housing
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