Overview
What is Community Housing Capital Inc?
Community Housing Capital Inc, based in Decatur, Georgia, is a dedicated nonprofit organization that primarily focuses on mortgage lending. Their mission is to expand the availability of quality affordable housing by providing reliable, innovative, and responsible loan products and sustainable loan capital to the NeighborWorks Network. For the fiscal year 2022, they directly originated $93.13 million in new loans, facilitating additional development worth $137.52 million and creating or rehabilitating 834 housing units. Their activities encompass multifamily and single-family development, as well as interim acquisition and development lending for affordable housing preservation and development, benefiting low-to-moderate income families and individuals. The organization operates with a team of 15 individuals.
Official website here: www.communityhousingcapital.org
Is Community Housing Capital Inc legitimate?
Community Housing Capital Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Housing Capital 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: $1,868,716
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,353,083
For more financial information, click here
Official website here: www.communityhousingcapital.org
What is the mission statement of Community Housing Capital Inc?
Community Housing Capital Inc's mission is centered around expanding the availability of quality affordable housing. They achieve this by offering reliable, innovative, and responsible loan products and sustainable loan capital to the NeighborWorks Network. This mission aims to preserve and develop affordable housing for low-to-moderate income families and individuals. The organization provides mortgage lending for multifamily and single-family development, as well as interim acquisition and development projects, facilitating significant development and creating or rehabilitating numerous housing units. For the fiscal year ending September 30, 2022, Community Housing Capital Inc directly originated $93.13 million in new loans, enabling additional development worth $137.52 million and the creation or rehabilitation of 834 housing units.
Official website here: www.communityhousingcapital.org
Who is the CEO of Community Housing Capital Inc?
Cindy Holler is the CEO of Community Housing Capital Inc The CEO's salary of Community Housing Capital Inc is $294,762 and their total compensation is $427,664.
Official website here: www.communityhousingcapital.org
What is the revenue of Community Housing Capital Inc?
Community Housing Capital Inc's revenue in 2024 was $14,258,650.
Official website here: www.communityhousingcapital.org
Who are the executives of Community Housing Capital Inc and what are their salaries?
The average compensation at Community Housing Capital Inc during 2024 was $214,787. There are 15 employees and 19 volunteers at Community Housing Capital Inc.
Here are 28 key members and their salaries (Community Housing Capital Inc's CEO's salary is $294,762 and their total compensation is $427,664):
- Compensation: $294,762
- Related: $0
- Other: $132,902
- Compensation: $311,716
- Related: $0
- Other: $133,904
- Compensation: $276,986
- Related: $0
- Other: $133,267
- Compensation: $216,135
- Related: $0
- Other: $32,050
- Compensation: $204,486
- Related: $0
- Other: $50,454
- Compensation: $196,233
- Related: $0
- Other: $31,346
- Compensation: $178,431
- Related: $0
- Other: $30,420
- Compensation: $159,982
- Related: $0
- Other: $29,279
- Compensation: $114,388
- Related: $0
- Other: $23,705
- Compensation: $117,730
- Related: $0
- Other: $26,610
- Compensation: $0
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Official website here: www.communityhousingcapital.org
Where can I find the form 990 for Community Housing Capital Inc?
Community Housing Capital Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.communityhousingcapital.org
Learn more at the official website: www.communityhousingcapital.org
Mission Statement of Community Housing Capital Inc
Community Housing Capital, as a mission-driven organization, aims to expand the availability of quality affordable housing for low-to-moderate income families and individuals. It accomplishes this objective by providing reliable, innovative, and responsive loan products and sustainable loan capital to the NeighborWorks Network. By doing so, the organization seeks to support the development and preservation of affordable housing projects, thereby creating or rehabilitating homes for numerous families in need. During the fiscal year ending on September 30, 2022, Community Housing Capital directly originated $93.13 million in new loans, which in turn facilitated an additional $137.52 million in development, ultimately resulting in the creation or rehabilitation of 834 housing units.
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Impact
October, 2024
Community Housing Capital Inc. plays a vital role in enhancing access to affordable housing for low-to-moderate income families and individuals. By providing mortgage lending for both multifamily and single-family development, as well as interim acquisition and development loans, it directly supports the preservation and creation of affordable housing.
In the fiscal year ending September 30, 2022, Community Housing Capital originated $93.13 million in new loans. This financial support facilitated an additional $137.52 million in development projects, resulting in the creation or rehabilitation of 834 housing units. These efforts significantly contribute to the availability of quality housing within communities, addressing critical needs for safe and affordable living arrangements.
Operating from Decatur, Georgia, Community Housing Capital focuses on delivering reliable, innovative, and responsive loan products to the NeighborWorks network. Through its strategic initiatives, it not only strengthens community housing infrastructure but also fosters economic stability for families in need, thereby making a lasting impact on the broader community.
This information is meant to be a general summary of Community Housing Capital 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 2024.
- Investment Income: $544,906
- Program Service Revenue: $11,211,744
- Gross Receipts: $14,258,650
Assets and Liabilities:
- Total Assets: $142,652,504
- Total Liabilities: $91,277,106
- Net Assets: $51,375,398
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST INCOME
Revenue
$9,845,300
ORIGINATION FEES
Revenue
$664,600
NEW MARKET TAX CREDITS
Revenue
$625,000
SERVICING FEES
Revenue
$40,388
APPLICATION FEE
Revenue
$26,000
Organization Details
Founding Year
2000
Principal Officer
Cindy Holler
NTEE Category
Code: L12 - Housing
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