Overview
What is Colorado Affordable Catholic Housing Corporation?
Colorado Affordable Catholic Housing Corporation is a nonprofit organization situated in Denver, Colorado, specifically at 6240 SMITH ROAD. Their primary focus is on financing, acquiring, and building affordable housing units across several Colorado locations. This includes 55 units in Glenwood Springs, 60 units in Silverthorne, 61 units in Carbondale, 61 units in Gypsum, 100 units in Colorado Springs, and 103 units in Denver. Through their activities, they aim to contribute to the provision of affordable housing options within their community.
Official website here: www.archdiocesanhousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating
Colorado Affordable Catholic Housing Corporation has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. With a score of 96% in this category, the organization demonstrates effective financial management and transparency, which are key indicators of a trustworthy nonprofit.
One of the organization's notable strengths is its governance structure, with a board composed entirely of independent members, ensuring unbiased decision-making. Furthermore, it has an excellent record in maintaining financial integrity, indicated by the absence of material asset diversions and a high program expense ratio of 99.09%, suggesting that most funds are directed towards its mission.
While the rating highlights many strengths, it primarily focuses on financial aspects, and there may be limited insights into the organization's programmatic impact or community engagement. Nevertheless, the robust accountability measures in place contribute positively to its reputation and reliability as a nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Colorado Affordable Catholic Housing Corporation legitimate?
Colorado Affordable Catholic Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado Affordable Catholic Housing Corporation 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.archdiocesanhousing.org
What is the mission statement of Colorado Affordable Catholic Housing Corporation?
The Colorado Affordable Catholic Housing Corporation is dedicated to the financing, acquisition, and construction of affordable housing. This organization works towards providing affordable living spaces, as evident in their projects in various Colorado locations such as Glenwood Springs, Silverthorne, Carbondale, Gypsum, Colorado Springs, and Denver, totaling over 400 units. Their mission is centered around making housing accessible for individuals who may not otherwise be able to afford it, contributing to the betterment of their communities.
Official website here: www.archdiocesanhousing.org
Who is the CEO of Colorado Affordable Catholic Housing Corporation?
Philip Vottiero is the Vp Of Develo of Colorado Affordable Catholic Housing Corporation.
Official website here: www.archdiocesanhousing.org
What is the revenue of Colorado Affordable Catholic Housing Corporation?
Colorado Affordable Catholic Housing Corporation's revenue in 2022 was $585,133.
Official website here: www.archdiocesanhousing.org
Who are the executives of Colorado Affordable Catholic Housing Corporation and what are their salaries?
There 4 volunteers at Colorado Affordable Catholic Housing Corporation.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $161,899
- Other: $39,999
- Compensation: $0
- Related: $154,011
- Other: $19,832
- Compensation: $0
- Related: $115,423
- Other: $7,321
- Compensation: $0
- Related: $81,452
- Other: $38,596
- 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.archdiocesanhousing.org
Where can I find the form 990 for Colorado Affordable Catholic Housing Corporation?
Colorado Affordable Catholic Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.archdiocesanhousing.org
Learn more at the official website: www.archdiocesanhousing.org
Mission Statement of Colorado Affordable Catholic Housing Corporation
Colorado Affordable Catholic Housing Corporation is committed to a vital mission. This nonprofit organization focuses on financing, acquiring, and building affordable housing units. Through their dedication, they have contributed to several communities across Colorado, providing a total of 380 affordable housing units in Glenwood Springs, Silverthorne, Carbondale, Gypsum, Colorado Springs, and Denver. By undertaking these projects, Colorado Affordable Catholic Housing Corporation is making a significant impact on the lives of many individuals, ensuring they have access to affordable housing options.
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Impact
July, 2024
The Colorado Affordable Catholic Housing Corporation has made a significant impact by financing, acquiring, and building affordable housing units in multiple cities across Colorado. Their efforts have resulted in the creation of 55 units in Glenwood Springs, 60 units in Silverthorne, 61 units in Carbondale, 61 units in Gypsum, 100 units in Colorado Springs, and 103 units in Denver. Through their mission of providing affordable housing, they have helped address the housing needs of individuals and families in these communities, contributing to the overall well-being and stability of residents.
This information is meant to be a general summary of Colorado Affordable Catholic Housing Corporation. 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: $70,398
- Program Service Revenue: $514,735
- Gross Receipts: $593,158
Assets and Liabilities:
- Total Assets: $19,277,681
- Total Liabilities: $11,082,940
- Net Assets: $8,194,741
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM RELATED INTEREST
Revenue
$464,735
MANAGEMENT FEES
Revenue
$50,000
Organization Details
Founding Year
1991
Phone
(303) 830-0215Principal Officer
Philip Vottiero
Main Address
6240 SMITH ROAD, DENVER, CO, 80216
Website
www.archdiocesanhousing.orgNTEE Category
Code: L120 - Housing
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