The information for Chenango Housing Improvement Program Inc is as of the organization's most recent filing in December '21. This organization is located in Norwich, NY. It has been in existence for 46 years, following its founding in 1975.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Chenango Housing Improvement Program Inc's NTEE code is L20. The "L" tells us that the organization is classified along with Housing & Shelter. The "20" tells us that the organization is involved in Housing Development, Construction & Management. The NTEE describes organizations in this category as those that build, rehabilitate, manage, and/or provide rental housing for low-income individuals and families, older adults, and people with disabilities. They may also make purchasable housing available to low or moderate-income families through various means such as lower-priced housing, affordable payment plans, interest or mortgage subsidies, or involving eventual owners in the construction process through sweat equity. The organization's mission is to create, provide, and maintain housing for elderly and low-income families.
To provide housing to elderly or low-income families, the organization offers multiple family units. This program area falls within the general fund, where all revenues, support, and functional expenses that are not specifically reported by another fund or program are reported.
Chenango Housing Improvement Program Inc is run by Rose M Oliver, who serves as the Executive Director. The organization has a small labor force, with only 12 employees. None of the employees are paid over $100k per year. Additionally, the organization relies on the support of 6 volunteers to carry out its mission.
Chenango Housing Improvement Program Inc (CHIP) appears to be well-governed based on the information provided. The organization has 6 voting members, all of whom are independent, indicating a diverse and unbiased decision-making process. The absence of potential conflicts of interest further strengthens the organization's governance structure. The fact that CHIP has not delegated management to an outside firm suggests that the organization maintains direct control over its operations, allowing for better oversight and accountability. Additionally, the documentation of both board and committee meetings indicates a commitment to transparency and record-keeping. The presence of a conflict of interest policy, as well as the requirement for disclosure of conflicts, demonstrates CHIP's dedication to addressing potential conflicts and ensuring the best interests of the organization. The organization also has written whistleblower and document retention policies in place, further emphasizing its commitment to ethical practices and accountability. Furthermore, the substantiation and review of leadership salaries, along with the provision of copies of the 990 to the board prior to filing, indicate a commitment to financial transparency and responsible use of resources. Overall, based on the information provided, Chenango Housing Improvement Program Inc appears to be well-governed, with strong policies and practices in place to ensure transparency, accountability, and ethical conduct.
The Chenango Housing Improvement Program Inc, a nonprofit organization, has experienced a decrease in various aspects over the given time period. Contributions and grants received decreased from $259.9K in 2015 to $205.0K in 2021. Program service revenue also decreased from $776.7K in 2015 to $655.3K in 2021. Other revenue decreased from $142.1K in 2015 to $98.3K in 2021. Total revenue decreased from $1.2M in 2015 to $958.7K in 2021. Employee salaries decreased from $302.4K in 2015 to $258.3K in 2021. Total expenses decreased from $1.2M in 2015 to $917.7K in 2021. Additionally, the total number of employees decreased from 16 in 2015 to 12 in 2021, and the total number of volunteers decreased from 7 in 2015 to 6 in 2021. Overall, the nonprofit organization has experienced a decline in various aspects over the given time period.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rose M Oliver Executive Dir. | Officer | 40 | $76,263 |
Ted Ellingsen Treasurer | OfficerTrustee | 1 | $0 |
Judith Wingate-Wade Secretary | OfficerTrustee | 1 | $0 |
Richard Rifanburg President | OfficerTrustee | 1 | $0 |
James Doig Director | Trustee | 1 | $0 |
Kim Mccarthy Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $143,053 |
All other contributions, gifts, grants, and similar amounts not included above | $61,898 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $204,951 |
Total Program Service Revenue | $655,299 |
Investment income | $175 |
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 | $958,683 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $76,263 |
Compensation of current officers, directors, key employees. | $76,263 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $116,070 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $43,658 |
Payroll taxes | $20,277 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $11,155 |
Advertising and promotion | $434 |
Office expenses | $26,559 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $261 |
Conferences, conventions, and meetings | $0 |
Interest | $170,990 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $127,615 |
Insurance | $81,367 |
All other expenses | $5,233 |
Total functional expenses | $917,696 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $236,102 |
Savings and temporary cash investments | $275,731 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $8,659 |
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 | $18,400 |
Net Land, buildings, and equipment | $1,437,868 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $146,047 |
Total assets | $2,122,807 |
Accounts payable and accrued expenses | $12,164 |
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 | $1,913,851 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $40,482 |
Total liabilities | $1,966,497 |
Net assets without donor restrictions | $156,310 |
Net assets with donor restrictions | $0 |
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 | $2,122,807 |
Over the last fiscal year, we have identified 4 grants that Chenango Housing Improvement Program Inc has recieved totaling $49,549.
Awarding Organization | Amount |
---|---|
Roger Follett Foundation Inc Norwich, NY PURPOSE: WINDOWS, REPAIR AND REPLACEMENT OF EXTERIOR BRICKS | $14,500 |
Greater Norwich Foundation Norwich, NY PURPOSE: GENERAL OPERATING | $14,500 |
R C Smith Foundation Inc Norwich, NY PURPOSE: REPLACE WINDOWS/RENOVATION | $14,500 |
Community Foundation For South Central New York Inc Johnson City, NY PURPOSE: COMPUTER UPGRADE AND SUPPORT FOR RURAL HOUSING | $6,049 |
Organization Name | Assets | Revenue |
---|---|---|
Nhp Foundation New York, NY | $288,555,579 | $98,614,983 |
Viecare Beaver Llc Cranberry Township, PA | $43,089,373 | $46,860,704 |
Columbus Property Management & Development Inc Philadelphia, PA | $30,446,777 | $36,581,885 |
Nycha Ii Housing Development Fund Corporation New York, NY | $21,607,256 | $75,418,815 |
Housing Assistance Corporation Hyannis, MA | $20,544,372 | $36,246,807 |
Eihab Human Services New Jersey Inc Springfield Gardens, NY | $6,084,233 | $34,447,037 |
West Side Federation For Senior Housing Inc New York, NY | $138,485,239 | $41,412,403 |
Mainstay Life Services Pittsburgh, PA | $23,133,484 | $27,133,047 |
East Harlem Pilot Block Housing Development Fund Co Inc New York, NY | $76,192,730 | $32,420,395 |
Orange Affordable Housing Inc New York, NY | $0 | $0 |
Housing Visions Unlimited Inc Syracuse, NY | $54,882,329 | $24,284,268 |
Phipps Houses New York, NY | $754,776,508 | $88,001,578 |