Overview
What is Cfh Inc Formerly Catholics For Housing Inc?
Cfh Inc, formerly known as Catholics For Housing Inc, is a nonprofit organization based in Dumfries, Virginia. Established in 2008, the organization has expanded its operations to include the management of affordable housing units. Currently, Cfh Inc owns and manages 7 affordable dwelling units in Arlington and 2 in Fairfax, in addition to 5 workforce rental units in Fredericksburg. All tenants fall under the low to moderately income category. Besides property management, Cfh Inc co-owns an apartment complex development with National Housing Trust, a 30-unit apartment complex in Fairfax. In January 2018, the organization expanded its housing opportunities by purchasing a mobile home park, providing homes to over 50 households. The mission of Cfh Inc is to empower individuals and families to create a sustainable home, enabling them to achieve their goals and allowing their children to pursue their dreams and reach their full potential.
Official website here: www.cfhva.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 64%)
Cfh Inc, formerly known as Catholics For Housing Inc, has received a two-star rating from Charity Navigator, indicating a need for improvement with a score of 64%. The organization has strengths in governance, with 100% of board members being independent, and it demonstrates accountability in areas such as conflict of interest policies and material diversion of assets, where it scored full points.
However, the nonprofit's financial reporting raises concerns, particularly due to the absence of financial statements, which has significantly impacted its overall score. Additionally, it lacks a whistleblower policy and guidelines for document retention and destruction, both of which are critical for organizational transparency and integrity. Despite these limitations, the organization maintains a solid program expense ratio of 72.13%, reflecting a commitment to its mission and effective program implementation.
This AI summary has been generated from information found on Charity Navigator.
Is Cfh Inc Formerly Catholics For Housing Inc legitimate?
Cfh Inc Formerly Catholics For Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cfh Inc Formerly Catholics For 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: $330,475
For more financial information, click here
Official website here: www.cfhva.org
What is the mission statement of Cfh Inc Formerly Catholics For Housing Inc?
Cfh Inc, formerly Catholics For Housing Inc, aims to empower individuals and families to establish and maintain a sustainable home, enabling them to achieve their personal goals and foster the aspirations of their children. By providing rental housing opportunities, the organization assists approximately 400 individuals annually, ensuring they reside in affordable dwellings, including 7 affordable housing units in Arlington and Fairfax, and 5 workforce rental units in Fredericksburg. Additionally, Cfh Inc co-owns an apartment complex development and manages a mobile home park, providing homes to 56 households. The organization's mission is centered around enabling individuals and families to thrive and build a better future for themselves and their children.
Official website here: www.cfhva.org
Who is the CEO of Cfh Inc Formerly Catholics For Housing Inc?
Cfh Inc is the Principal Officer of Cfh Inc Formerly Catholics For Housing Inc.
Official website here: www.cfhva.org
What is the revenue of Cfh Inc Formerly Catholics For Housing Inc?
Cfh Inc Formerly Catholics For Housing Inc's revenue in 2022 was $1,344,330.
Official website here: www.cfhva.org
Who are the executives of Cfh Inc Formerly Catholics For Housing Inc and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.cfhva.org
Where can I find the form 990 for Cfh Inc Formerly Catholics For Housing Inc?
Cfh Inc Formerly Catholics For Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cfhva.org
Learn more at the official website: www.cfhva.org
Mission Statement of Cfh Inc Formerly Catholics For Housing Inc
Cfh Inc Formerly Catholics For Housing Inc, a nonprofit organization, empowers individuals and families to create a sustainable home where they can achieve their goals and allow their children to build their dreams and reach their potential. The mission of this nonprofit is centered around providing rental housing opportunities, ensuring that those falling within the low to moderately income category have access to affordable dwellings. Cfh Inc owns and manages various rental properties, including several affordable dwelling units and workforce rental units, housing approximately 400 individuals annually. Furthermore, the organization co-owns an apartment complex development and has recently expanded its services to include a mobile home park, providing homes to over 50 households. By offering rental housing opportunities, Cfh Inc is contributing significantly to the lives of its tenants, enabling them to focus on personal growth and the development of their children's aspirations.
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Impact
July, 2024
Cfh Inc (formerly Catholics For Housing Inc) empowers individuals and families to successfully create a sustainable home, enabling them to achieve their goals and support their children in reaching their full potential. Through its rental programs, Cfh provides affordable housing opportunities to approximately 400 individuals annually, with a focus on low to moderate-income households. Their efforts contribute to community improvement by ensuring more families have access to stable and secure housing options, fostering a positive impact on the overall well-being of the community.
This information is meant to be a general summary of Cfh Inc Formerly Catholics For 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $273
- Program Service Revenue: $664,982
- Gross Receipts: $1,348,676
Assets and Liabilities:
- Total Assets: $5,806,371
- Total Liabilities: $4,409,943
- Net Assets: $1,396,428
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$664,982
Organization Details
Founding Year
1979
Phone
(703) 221-4510Principal Officer
Cfh Inc
Main Address
18139 TRIANGLE SHOPPING PLAZA 209, DUMFRIES, VA, 22026
Website
www.cfhva.orgNTEE Category
Code: S20Z - Community improvement
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