Overview
What is Housing Channel?
Housing Channel is a nonprofit organization based in Fort Worth, Texas, dedicated to revitalizing distressed neighborhoods and increasing the availability of decent, affordable housing for lower income families and individuals with special needs. Through their Housing Rehab program, they renovate dilapidated properties, improve neighborhood viability, and create quality, affordable housing opportunities. Additionally, the organization engages in new construction projects using green building techniques, generating reduced utility bills and healthier living environments. Housing Channel also owns and manages affordable rental units, offering high-quality housing to vulnerable populations and providing free budget and credit counseling to help tenants move toward improved financial situations and potential homeownership opportunities. With a workforce of 16 individuals, Housing Channel's initiatives result in job creation, decreased blight, increased supply of affordable housing, and neighborhood revitalization.
Official website here: www.housingchannel.org
Is Housing Channel legitimate?
Housing Channel is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Channel 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.
Here are some key statistics you may want to consider:
Executive Compensation: $169,443
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,133,298
For more financial information, click here
What is the mission statement of Housing Channel?
The Housing Channel aims to revitalize distressed neighborhoods and increase the availability of decent, affordable housing for lower income families and individuals with special needs. Through their Housing Rehab program, they renovate dilapidated properties, create quality housing opportunities, and contribute to community redevelopment efforts. New construction projects involve the development of energy-efficient, affordable homes using green building techniques. The organization also manages affordable rental units, providing high-quality living environments primarily for very low- and low-income households. Their mission is to promote neighborhood revitalization, reduce vacant lots, and increase the supply of affordable housing.
Official website here: www.housingchannel.org
Who is the CEO of Housing Channel?
What is the revenue of Housing Channel?
Who are the executives of Housing Channel and what are their salaries?
The average compensation at Housing Channel during 2022 was $81,421. There are 16 employees and 25 volunteers at Housing Channel.
Here are 14 key members and their salaries:
- Donna Vanness (President)
- Courtney Garner Lewis (Chairman) [Trustee/Director]
- Anthony Chandler (Director)
- John Vallance (Treasurer) [Trustee/Director]
- Christopher Brim (Director)
- Ken Adair (Director)
- Reginald Mccants (Director)
- Greer Christian (Secretary) [Trustee/Director]
- Stephen Randy Turner (Director)
- Jerome Johnson (Director)
- Joel Burns (Vice Chair) [Trustee/Director]
- Monica Vasquez (Director)
- Stacy Marshall (Director)
- Brandy O'Quinn (Director)
Official website here: www.housingchannel.org
Where can I find the form 990 for Housing Channel?
The Housing Channel’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.housingchannel.org
Learn more at the official website: www.housingchannel.org
Mission Statement of Housing Channel
Housing Channel, a renowned nonprofit organization, is dedicated to revitalizing distressed neighborhoods and increasing the availability of decent, affordable housing options for lower income families and individuals with special needs. Through its Housing Rehab program, Housing Channel renovates dilapidated housing stock, improving neighborhood viability and creating quality, affordable housing opportunities. These efforts have a positive impact on local communities by stabilizing property values, decreasing crime rates, generating tax revenue, creating jobs, and eliminating blight. Housing Channel, as a HUD-approved affordable housing provider, has successfully acquired, rehabilitated, and resold hundreds of units throughout Texas.
Moreover, Housing Channel partners with local stakeholders to build new, affordable single-family homes in urban neighborhoods through its New Construction program. Utilizing pioneering green building techniques, these projects generate reduced utility bills, improved indoor air quality, and a healthier living environment. The results of these projects include the creation of jobs, the reduction of vacant, blighted infill lots, the stabilization of property values, an increase in the supply of affordable housing, and a positive impact on local revitalization efforts.
Housing Channel's Affordable Rental program offers 240 high-quality, affordable multifamily units throughout Texas. These units, primarily leased to very low- and low-income households, provide a safe and pleasant living environment for families, particularly for single parents. Housing Channel takes great pride in maintaining these properties at high standards, and tenants are encouraged to take advantage of free budget and credit counseling services to improve their financial situation and potentially transition towards homeownership opportunities.
Impact
This information is meant to be a general summary of Housing Channel. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Housing Channel's impact is substantial and far-reaching. Through its various programs such as Housing Rehab, New Construction, and Affordable Rental, Housing Channel works to revitalize distressed neighborhoods in Tarrant County and throughout Texas communities in need.
By acquiring, rehabilitating, and reselling hundreds of housing units, Housing Channel not only provides quality, affordable housing opportunities for low to moderate-income families but also contributes to local redevelopment efforts. This leads to stabilized property values, decreased crime rates, increased tax revenue, job creation, and the elimination of blight in the community.
Additionally, through partnerships with local stakeholders, Housing Channel facilitates the development of new affordable housing options in inner-city neighborhoods, promoting sustainability and green building techniques to benefit both residents and the environment.
Furthermore, by owning and managing 240 affordable rental units, Housing Channel provides a safe and pleasant environment for very low- and low-income households, many of whom are single-parents seeking stability for their families. These efforts help meet the high demand for quality, affordable rental units and offer tenants opportunities for financial education and homeownership.
Overall, Housing Channel's impact goes beyond providing housing; it positively influences the economic, social, and environmental aspects of the communities it serves.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPER FEES
Revenue
$438,757
MANAGEMENT FEES
Revenue
$347,270
PROCESSING FEES
Revenue
$244,362
RENTAL INCOME
Revenue
$4,121,738
Organization Details
Founding Year
1991
Phone
(817) 924-5091
Principal Officer
Donna Vanness
Main Address
2900 AIRPORT FWY, FORT WORTH, TX, 76111
Website
www.housingchannel.org
NTEE Category
Code: L80 - Housing
If you are a representative of Housing Channel and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.