Community Housing Inc

Organization Overview

Community Housing Inc is located in Silver Spring, MD. The organization was established in 1994. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is the central organization for a national or regional group of organizations. Community Housing Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Community Housing Inc generated $5.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $4.9m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

COMMUNITY HOUSING INC. (CHI) PROVIDES TECHNICAL SUPPORT IN THE AQUISITION, FINANCING AND/OR REHABILITATION OF NUMEROUS PROPERTIES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Silver Sm Co Llc
Real Estate Investment Consultants
$401,962
Jackson Ward Multifamily Llc
Rental Services
$105,833
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $75,000
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$75,000
Total Program Service Revenue$3,373,628
Investment income $2,345,852
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,794,480

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Community Housing Inc has recieved totaling $60,000.

Awarding OrganizationAmount
Local Initiatives Support Corporation

New York, NY

PURPOSE: See Part IV

$60,000
View Grant Recipient Profile

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