Overview
What is Community Housing Partners Corporation Of Florida?
Community Housing Partners Corporation of Florida is a nonprofit organization dedicated to improving affordable housing opportunities for Florida residents. They offer two primary programs: rental housing and a community land trust. The rental housing program provides safe, sanitary, and decent housing for individuals within HUD guidelines, catering to those who prefer renting or are not ready for homeownership. The organization also offers incentives to assist in the transition from renter to homeowner. The community land trust program, designed for income-eligible families with credit challenges, enables homeownership through a shared equity program. The organization has also divested its portfolio of multi-family properties in recent years to provide residents with better future opportunities. With a mission to create and preserve low-cost affordable housing, Community Housing Partners Corporation of Florida aims to enhance the quality of life for all low and very low-income families in Florida.
Official website here: www.communityhousingpartners.org
What are the reviews and ratings of this charity?
Charity Navigator rates Community Housing Partners Corporation Of Florida at 86%, earning it a Three-Star out of Four Star rating. This rating is derived solely from the Accountability & Finance category, reflecting a reliable management of financial resources. The organization has demonstrated strong governance practices, with a fully independent board and solid financial oversight, indicating a commitment to transparency and accountability.
Strengths noted in the evaluation include a high program expense ratio of 98.54%, suggesting that the vast majority of its funds are directed toward its mission rather than administrative costs. However, the organization does not currently receive scores for Impact & Measurement, Culture & Community, or Leadership & Adaptability, which may suggest gaps in assessing its overall effectiveness and community engagement.
User reviews from GreatNonprofits are not available for this organization. Therefore, potential donors and supporters may want to consider this lack of insights when evaluating their engagement with Community Housing Partners Corporation Of Florida.
This AI summary has been generated from information found on Charity Navigator.
Is Community Housing Partners Corporation Of Florida legitimate?
Community Housing Partners Corporation Of Florida is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Housing Partners Corporation Of Florida 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
Official website here: www.communityhousingpartners.org
What is the mission statement of Community Housing Partners Corporation Of Florida?
Community Housing Partners Corporation of Florida's mission is centered around providing, creating, and preserving affordable housing for low-income families in Florida. Their objective is to enhance the living standards of these families, offering them a chance at a better life. They offer two housing opportunities: rental housing and the Community Land Trust. The rental housing program provides safe and decent housing for eligible individuals, assisting those who may have credit or debt issues that hinder homeownership. The organization also offers an incentive to those transitioning from rental to homeownership. The Community Land Trust, on the other hand, offers income-eligible families with credit challenges a method of homeownership through a shared equity program. The organization has recently divested its portfolio of multi-family properties to provide residents with better future opportunities through resyndication.
Official website here: www.communityhousingpartners.org
Who is the CEO of Community Housing Partners Corporation Of Florida?
Jeffrey K Reed is the Ceo of Community Housing Partners Corporation Of Florida. The CEO's salary of Community Housing Partners Corporation Of Florida is $0 and their total compensation is $616,715.
Official website here: www.communityhousingpartners.org
What is the revenue of Community Housing Partners Corporation Of Florida?
Community Housing Partners Corporation Of Florida's revenue in 2022 was $9,657,636.
Official website here: www.communityhousingpartners.org
Who are the executives of Community Housing Partners Corporation Of Florida and what are their salaries?
There is 1 employee at Community Housing Partners Corporation Of Florida.
Here are 12 key members and their salaries (Community Housing Partners Corporation Of Florida's CEO's salary is $0 and their total compensation is $616,715):
- Compensation: $0
- Related: $555,107
- Other: $61,608
- Compensation: $0
- Related: $405,876
- Other: $56,798
- Compensation: $0
- Related: $333,052
- Other: $35,717
- Compensation: $0
- Related: $237,553
- Other: $54,080
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.communityhousingpartners.org
Where can I find the form 990 for Community Housing Partners Corporation Of Florida?
Community Housing Partners Corporation Of Florida's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.communityhousingpartners.org
Learn more at the official website: www.communityhousingpartners.org
Mission Statement of Community Housing Partners Corporation Of Florida
Community Housing Partners Corporation of Florida is dedicated to providing, creating, and preserving low-cost, affordable housing for residents of the state. Their mission is to offer safe, sanitary, and decent housing options for individuals who qualify under the HUD guidelines and are either choosing to rent or not yet ready for homeownership commitments. The organization also caters to those with credit or debt issues that may hinder their ability to become homeowners.
To support this mission, Community Housing Partners Corporation of Florida offers two housing opportunities: rental housing and a community land trust. The rental housing program offers secure accommodation to qualified individuals, with the organization's competent housing counselors providing assistance to repair credit, reduce debt, or establish a stable income for those wishing to transition to homeownership. The rental program also includes an incentive that allows a percentage of total rent paid to be used towards defraying closing costs, which is particularly beneficial for first-time homebuyers.
The community land trust is another way that the organization helps low and very low-income families achieve homeownership. This program provides financing for a client's home, along with incentives to encourage savings and self-improvement. By participating in the shared equity program with Community Housing Partners Corporation of Florida, income-eligible families with credit challenges can purchase their own homes. In recent years, the organization has divested its portfolio of many multi-family properties to provide residents with better future opportunities through resyndication.
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Impact
July, 2024
Community Housing Partners Corporation Of Florida's impact is significant in providing, creating, and preserving low-cost affordable housing for residents of Florida. The organization offers rental housing, providing safe and decent housing for individuals who qualify within HUD guidelines. Additionally, they offer a Community Land Trust program, enabling income-eligible families with credit challenges to achieve homeownership through a shared equity program.
Through their initiatives, Community Housing Partners Corporation Of Florida is helping low and very low-income families in Florida access housing opportunities that may not have been otherwise attainable. Their focus on providing stable and affordable housing contributes to improving the quality of life for individuals and families in need.
This information is meant to be a general summary of Community Housing Partners Corporation Of Florida. 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: $8,658,813
- Program Service Revenue: $956,943
- Gross Receipts: $16,215,324
Assets and Liabilities:
- Total Assets: $6,635,760
- Total Liabilities: $3,829,448
- Net Assets: $2,806,312
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$811,636
OTHER PROGRAM SERVICE REVENUE
Revenue
$145,307
Organization Details
Founding Year
1989
Phone
(540) 382-2002Principal Officer
Jeffrey K Reed
Main Address
448 DEPOT STREET, CHRISTIANSBURG, VA, 24073
NTEE Category
Code: L80 - Housing
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