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Cmhp Properties Inc

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

EIN: 561891744 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is Cmhp Properties Inc?

Cmhp Properties Inc, situated in Charlotte, North Carolina, is a dedicated organization with a focus on providing affordable housing options for low and moderate-income families. Operating under the benefit of Dreamkey Partners, Inc., they own and manage two multi-family housing projects, namely West Downs II and The Gables at Druid Hills, comprising a total of 68 housing units. Their primary mission is to make a difference in the lives of these families by offering affordable living spaces that cater to their needs.

Is Cmhp Properties Inc legitimate?

Cmhp Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cmhp Properties 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 Cmhp Properties Inc?

Cmhp Properties Inc, as an organization, is committed to providing affordable housing solutions for families with moderate and low income levels. They achieve this mission by supporting and managing two multi-family housing projects, specifically West Downs II and The Gables at Druid Hills, which collectively offer 68 housing units. By offering affordable housing, Cmhp Properties Inc aims to contribute positively to the lives of families in need, ensuring that they have a secure place to live.

Who is the CEO of Cmhp Properties Inc?

Julie A Porter is the Secretary of Cmhp Properties Inc.

What is the revenue of Cmhp Properties Inc?

Cmhp Properties Inc's revenue in 2022 was $464,980.

Who are the executives of Cmhp Properties Inc and what are their salaries?


Here are 3 key members and their salaries:


Fred Dodson (Secretary)
  • Compensation: $0
  • Related: $235,817
  • Other: $22,291
Julie Porter (President)
  • Compensation: $0
  • Related: $287,082
  • Other: $25,193
Kevin Schrader (Treasurer)
  • Compensation: $0
  • Related: $167,718
  • Other: $9,480
Where can I find the form 990 for Cmhp Properties Inc?

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

Mission Statement of Cmhp Properties Inc

Cmhp Properties Inc, as a nonprofit entity, is dedicated to providing affordable housing solutions for low and moderate income families. This mission is carried out through the operation and support of two multifamily housing projects, West Downs II and The Gables at Druid Hills, which collectively offer 68 housing units. By doing so, Cmhp Properties Inc contributes to the well-being of these families, ensuring they have access to suitable living arrangements within their financial means.

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Impact




October, 2024

Cmhp Properties Inc plays a significant role in enhancing the quality of life for low and moderate-income families in Charlotte, NC, by providing affordable housing options. With ownership of two multifamily housing projects, West Downs II and The Gables at Druid Hills, the organization offers a total of 68 housing units designed to meet the needs of families struggling to find suitable and affordable living spaces.

This focus on affordable housing directly addresses the critical issue of housing insecurity, fostering stability within the community and enabling families to thrive. By supporting DreamKey Partners, Inc. and operating these housing developments, Cmhp Properties Inc contributes to the overall well-being of its residents, creating opportunities for growth and development in a supportive environment.

Through its commitment to affordable housing, Cmhp Properties Inc not only meets immediate housing needs but also strengthens the community, offering a pathway toward improved economic stability for families in Charlotte.




This information is meant to be a general summary of Cmhp Properties 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
$464,980 (2022)
Expenses
$541,396 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $243
  • Program Service Revenue: $464,737
  • Gross Receipts: $464,980

Assets and Liabilities:

  • Total Assets: $2,945,076
  • Total Liabilities: $798,947
  • Net Assets: $2,146,129

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Programs

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

PROGRAM RENT

Revenue

$511,365

MANAGEMENT FEES

Revenue

$30,793

OTHER INCOME

Revenue

$7,544

INVESTMENT INCOME

Revenue

-$84,965

Organization Details

Founding Year

1994

Principal Officer

Julie A Porter

Main Address

4601 CHARLOTTE PARK DRIVE STE 350, CHARLOTTE, NC, 28217

NTEE Category

Code: L21Z - Housing

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