Chhaya Community Development
- Assets
- $3.1m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 32
- Location
- Jackson Heights, NY
- Founding
- 09/2001
- Data as of
- 12/2022
- EIN
- 11-3580935
Organization Overview
Chhaya Community Development is located in Jackson Heights, NY. The organization was established in 2001. According to its NTEE Classification (I80) the organization is classified as: Legal Services, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2022, Chhaya Community Development employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chhaya Community Development 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 12/2022, Chhaya Community Development generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $2.4m during the year ending 12/2022. While expenses have increased by 12.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CHHAYA COMMUNITY DEVELOPMENT CORPORATION IS A NON-PROFIT ORGANIZATION THAT BUILDS THE POWER, HOUSING STABILITY AND ECONOMIC WELL-BEING OF SOUTH ASIAN AND INDO-CARRIBEAN COMMUNITIES IN NEW YORK CITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSING JUSTICE AIMS AT PROTECTING, PRESERVING, AND PROMOTING AFFORDABLE HOUSING IN NEW YORK CITYS LOW-TO-MODERATE-INCOME NEIGHBORHOODS. CHHAYA PROVIDES DIRECT SERVICE COUNSELING TO FIRST-TIME HOME BUYERS AND TENANTS REQUIRING SUPPORT. CHHAYA ORGANIZES COMMUNITY MEMBERS TO SUPPORT ADVOCACY EFFORTS TO PROTECT, PRESERVE AND PROMOTE AFFORDABLE HOUSING IN NEW YORK CITY.
ECONOMIC JUSTICE AIMS TO PROVIDE ITS CLIENTS WITH THE TOOLS AND INFORMATION THEY NEED TO ACHIEVE LONG-TERM ECONOMIC INDEPENDENCE THROUGH CAREER DEVELOPMENT, FINANCIAL CAPABILITY, AND ASSET BUILDING. THIS IS ACHIEVED THROUGH FINANCIAL COUNSELING, EDUCATION, FREE TAX PREP SUPPORT, LENDING CIRCLE, AND OTHER RELATED PROGRAMS.
IMMIGRATION PROVIDE SUPPORT TO COMMUNITY MEMBERS LOOKING FOR IMMIGRANT LEGAL SERVICES BY CONNECTING THEM TO AN ATTORNEY THAT CAN GUIDE AND REPRESENT THE MEMBER AND HELPING THEM NAVIGATE THE IMMIGRATION PROCESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Annetta Seecharran Executive Director | Officer | 40 | $163,105 |
Jose Miranda Director Of Programs | Officer | 40 | $104,500 |
Sadia Rahman Deputy Director Of Policy | Officer | 40 | $38,381 |
Rekha Malhotra Interim Chief Of Staff And Former Board Member | Officer | 25 | $13,185 |
Anouska Cheddie Co-Chair | OfficerTrustee | 2 | $0 |
Reshma Patel Co-Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $908,791 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,001,201 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,909,992 |
| Total Program Service Revenue | $562,114 |
| Investment income | $201 |
| 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 | $2,477,149 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,312 |
| Grants and other assistance to domestic individuals. | $142,560 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $310,366 |
| Compensation of current officers, directors, key employees. | $24,513 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $874,665 |
| Pension plan accruals and contributions | $5,466 |
| Other employee benefits | $128,897 |
| Payroll taxes | $104,145 |
| Fees for services: Management | $18,905 |
| Fees for services: Legal | $5,000 |
| Fees for services: Accounting | $114,793 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $317,020 |
| Advertising and promotion | $0 |
| Office expenses | $35,192 |
| Information technology | $36,707 |
| Royalties | $0 |
| Occupancy | $129,849 |
| Travel | $4,937 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,309 |
| Interest | $471 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,417 |
| Insurance | $13,099 |
| All other expenses | $5,055 |
| Total functional expenses | $2,354,657 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,191,585 |
| Savings and temporary cash investments | $142,989 |
| Pledges and grants receivable | $185,134 |
| Accounts receivable, net | $2,500 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $24,960 |
| Net Land, buildings, and equipment | $14,421 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,498,451 |
| Total assets | $3,060,040 |
| Accounts payable and accrued expenses | $177,587 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $143,766 |
| Total liabilities | $321,353 |
| Net assets without donor restrictions | $2,038,017 |
| Net assets with donor restrictions | $700,670 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,060,040 |
Grants Awarded
Over the last fiscal year, Chhaya Community Development has awarded $64,825 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ASSOFOR NBRHD & HOUSING DEV PURPOSE: basements safe 4 everyone campaign | $9,475 |
NEW IMMIGRANT EMPOWERMENT PURPOSE: financial education & advocacy prog | $17,200 |
URBAN JUSTICE CENTER PURPOSE: financial education | $20,950 |
QUEENS COMMUNITY HOUSE PURPOSE: financial education & advocacy prog | $17,200 |