Community Housing Solutions Of Guilford Inc is located in Greensboro, NC. The organization was established in 2005. According to its NTEE Classification (L81) the organization is classified as: Home Improvement & Repairs, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Community Housing Solutions Of Guilford Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Housing Solutions Of Guilford 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 Solutions Of Guilford Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 4.8% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PRESERVE AND PROVIDE AFFORDABLE HOUSING THROUGH HOME REPAIRS, RENOVATIONS AND NEW CONSTRUCTION FOR LOW-INCOME FAMILIES TO RESTORE DIGNITY AND HOPE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REPAIRED AND RENOVATED 136 HOMES IN GUILFORD COUNTY FOR LOW INCOME FAMILIES TO PRESERVE HOME OWNERSHIP RESTORING DIGNITY AND HOPE.
BUILT 1 NEW HOME IN THE DUDLEY HEIGHTS NEIGHBORHOOD OF GREENSBORO, NC; 1 NEW HOME IN THE EASTSIDE PARK NEIGHBORHOOD OF GREENSBORO, NC; AND 2 NEW HOMES IN THE CEDROW NEIGHBORHOOD OF HIGH POINT, NC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Eugene Brown President | Officer | 40 | $79,078 |
Clyde Rudd Treasurer | Officer | 9 | $15,400 |
Veronica Bray Board Chair | OfficerTrustee | 5 | $0 |
John Anderson Vice Chair | OfficerTrustee | 5 | $0 |
S Renee Robinson Secretary | OfficerTrustee | 1 | $0 |
Kalon Broadnax Director | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $379,370 |
All other contributions, gifts, grants, and similar amounts not included above | $787,791 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,167,161 |
Total Program Service Revenue | $255,961 |
Investment income | $1,342 |
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 | $1,424,464 |
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. | $113,441 |
Compensation of current officers, directors, key employees. | $34,155 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $345,913 |
Pension plan accruals and contributions | $7,584 |
Other employee benefits | $120,927 |
Payroll taxes | $37,505 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $8,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $5,610 |
Advertising and promotion | $14,485 |
Office expenses | $10,850 |
Information technology | $28,123 |
Royalties | $0 |
Occupancy | $55,364 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $7,087 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $24,838 |
Insurance | $49,839 |
All other expenses | $47 |
Total functional expenses | $1,389,070 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $392,342 |
Savings and temporary cash investments | $51,124 |
Pledges and grants receivable | $131,739 |
Accounts receivable, net | $458,963 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $777 |
Prepaid expenses and deferred charges | $9,494 |
Net Land, buildings, and equipment | $37,892 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $535,253 |
Total assets | $1,617,584 |
Accounts payable and accrued expenses | $193,127 |
Grants payable | $0 |
Deferred revenue | $94,711 |
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 | $293,234 |
Other liabilities | $0 |
Total liabilities | $581,072 |
Net assets without donor restrictions | $916,512 |
Net assets with donor restrictions | $120,000 |
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 | $1,617,584 |
Over the last fiscal year, we have identified 5 grants that Community Housing Solutions Of Guilford Inc has recieved totaling $266,509.
Awarding Organization | Amount |
---|---|
United Way Of Greater Greensboro Inc Greensboro, NC PURPOSE: CHARITABLE | $181,259 |
Community Affordable Housing Equity Corporation Raleigh, NC PURPOSE: OPEN DOORS HOMEOWNERSHIP GRANT | $25,000 |
Lincoln Financial Foundation Inc Radnor, PA PURPOSE: HUMAN SERVICES PROGRAMS | $25,000 |
Community Foundation Of Greater Greensboro Inc Greensboro, NC PURPOSE: GENERAL SUPPORT | $22,750 |
Junior League Of Greensboro Inc Greensboro, NC PURPOSE: ASSISTANCE TO THE ELDERLY WITH HOUSING NEEDS | $12,500 |
Organization Name | Assets | Revenue |
---|---|---|
Elderhomes Corp Richmond, VA | $14,660,799 | $21,894,456 |
Mountain Housing Opportunities Inc Asheville, NC | $35,342,140 | $6,111,464 |
Rebuilding Together Of The Triangle Morrisville, NC | $784,092 | $2,781,755 |
Community Housing Solutions Of Guilford Inc Greensboro, NC | $1,617,584 | $1,424,464 |
Resource Service Ministries Inc Atlanta, GA | $1,736,240 | $1,535,671 |
Southside Outreach Group Inc South Boston, VA | $3,092,581 | $1,458,646 |
Rebuilding Together Of Greater Charlotte Inc Charlotte, NC | $993,357 | $1,359,244 |
Carolina Cross Connection Inc Gastonia, NC | $16,829 | $797,254 |
Rebuilding Together Atlanta Inc Atlanta, GA | $560,439 | $550,322 |
Rebuilding Together Of Richmond Richmond, VA | $314,205 | $833,981 |
Elderly Housing Inc Charleston, SC | $3,604,680 | $529,796 |
James Island Outreach Charleston, SC | $390,536 | $834,518 |