Overview
What is Community Housing Initiative Inc?
Community Housing Initiative Inc, based in Las Vegas, Nevada, is a nonprofit organization that is dedicated to offering affordable housing solutions. They achieve this by managing rental properties and expanding their liquid assets through the sale of appreciated real estate properties. Recently, they have also received three properties as donations, which will be utilized for affordable housing rentals. Their mission is to provide stable and cost-effective housing options for low and moderate-income individuals residing in Phoenix, Arizona, and various metropolitan areas within the southwestern United States.
Is Community Housing Initiative Inc legitimate?
Community Housing Initiative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Housing Initiative 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
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What is the mission statement of Community Housing Initiative Inc?
The Community Housing Initiative Inc's mission is centered around providing stable and affordable housing for individuals with low and moderate income. This commitment extends beyond its primary location, encompassing various metropolitan areas in the Southwestern United States. To achieve this goal, the organization operates rental real estate properties, utilizing its own resources and also benefiting from donated properties to expand its affordable housing options.
Who is the CEO of Community Housing Initiative Inc?
Joy S Pollard is the President of Community Housing Initiative Inc.
What is the revenue of Community Housing Initiative Inc?
Community Housing Initiative Inc's revenue in 2022 was $602,745.
Who are the executives of Community Housing Initiative Inc and what are their salaries?
There 2 volunteers at Community Housing Initiative Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Community Housing Initiative Inc?
Community Housing Initiative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Community Housing Initiative Inc
Community Housing Initiative Inc is dedicated to fulfilling its mission of providing stable and affordable housing options for individuals with low and moderate income. This nonprofit organization aims to cater to this demographic within Phoenix, Arizona, and various metropolitan areas across the southwestern United States. By owning rental real estate properties, Community Housing Initiative Inc continuously offers affordable housing solutions to families in need. Furthermore, the organization has used the proceeds from selling appreciated rental properties to enhance its liquid assets, demonstrating its financial prudence and commitment to its cause. In addition, the nonprofit has received donations of three properties, which it plans to utilize for affordable housing rentals, further expanding its capacity to assist those in need.
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Impact
July, 2024
Community Housing Initiative Inc's impact can be seen through its dedication to providing stable and low-cost housing for low and moderate-income individuals within Phoenix, AZ, and the communities of Southwestern U.S. metro areas. By continuing to offer affordable housing to families through rental real estate properties the organization owns, it is actively addressing the pressing need for accessible housing options in these areas. Additionally, the organization's strategic decisions such as selling appreciated rental properties to increase liquid assets and receiving donations of properties for affordable housing rentals further showcase its commitment to serving the community. Through its mission of ensuring that individuals have access to affordable housing, Community Housing Initiative Inc is making a tangible difference in improving the quality of life for those in need.
This information is meant to be a general summary of Community Housing Initiative 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: $27,058
- Program Service Revenue: $50,903
- Gross Receipts: $820,687
Assets and Liabilities:
- Total Assets: $4,472,299
- Total Liabilities: $2,474,110
- Net Assets: $1,998,189
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW-INC HOUSING RENT
Revenue
$45,527
OTHER RENTAL REVENUE
Revenue
$2,694
RESIDENT FEES
Revenue
$2,682
Organization Details
Founding Year
2020
Phone
(575) 495-8884Principal Officer
Joy S Pollard
Main Address
3225 MCLEOD DR 100, LAS VEGAS, NV, 89121
NTEE Category
Code: L40 - Housing
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