Overview
What is Chsa Development Inc?
Chsa Development Inc is a nonprofit organization based in Savannah, Georgia, specifically at 5515 Abercorn Street. Their primary mission revolves around affordability and development, with a focus on purchasing, constructing, or developing various structures, such as office buildings and residential buildings. Their goal is to prevent blight, stimulate economic growth, and promote reinvestment in the community. During the year, they expanded their portfolio by purchasing one property and selling seven others. The organization's activities aim to contribute positively to the community, providing affordable housing options and fostering economic development.
Is Chsa Development Inc legitimate?
Chsa Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chsa Development 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.
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What is the mission statement of Chsa Development Inc?
Chsa Development Inc, as a subsidiary, aims to consult, buy, construct, and develop various types of structures, including affordable housing and office buildings. Their objective is to prevent urban decay and foster economic development and reinvestment. The organization's mission is to contribute to the creation of affordable housing and office buildings, with an emphasis on combating blight and stimulating economic growth. They engage in activities such as purchasing properties and selling them during their operations.
Who is the CEO of Chsa Development Inc?
Israel Small is the President of Chsa Development Inc.
What is the revenue of Chsa Development Inc?
Chsa Development Inc's revenue in 2022 was $358,149.
Who are the executives of Chsa Development Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Chsa Development Inc?
Chsa Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Chsa Development Inc
Chsa Development Inc, as a subsidiary, is committed to several key objectives. Its primary mission is to engage in consultations, acquisitions, constructions, and developments of various structures. This encompasses a wide range of buildings, including those for affordable housing and office spaces. Beyond this, the organization aims to prevent blight and stimulate economic development and reinvestment. This holistic approach allows Chsa Development Inc to contribute to the creation of sustainable and affordable living spaces, thereby promoting community growth. The organization also plays a role in preventing urban decay and fostering economic prosperity. During the year, Chsa Development Inc demonstrated its mission by purchasing one property and selling seven others, demonstrating its active role in the property market.
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Impact
October, 2024
Chsa Development Inc significantly impacts its community by addressing multiple critical needs related to affordable housing, economic development, and urban revitalization.
By purchasing properties and engaging in construction and development, the organization actively contributes to the availability of affordable housing options. This not only helps alleviate housing shortages but also creates stable environments for families and individuals, enhancing their quality of life.
Furthermore, the focus on preventing blight directly contributes to the aesthetic and functional improvement of neighborhoods. By transforming underutilized or abandoned properties, Chsa Development Inc promotes a more vibrant and safe community.
The organization's efforts also stimulate economic development by creating jobs during construction phases and fostering local business growth around newly developed areas. In this way, Chsa Development Inc plays a crucial role in community reinvestment, fostering an environment where both residents and businesses can thrive.
This information is meant to be a general summary of Chsa Development 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: $6,894
- Gross Receipts: $2,245,953
Assets and Liabilities:
- Total Assets: $2,072,307
- Total Liabilities: $994,559
- Net Assets: $1,077,748
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Organization Details
Founding Year
1991
Phone
(912) 651-2169Principal Officer
Israel Small
Main Address
5515 ABERCORN STREET, SAVANNAH, GA, 31405
NTEE Category
Code: L20 - Housing
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