Community Housing Development Corporation
- Assets
- $272.4k
- Revenue
- $90.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Salina, KS
- Founding
- 08/2006
- Data as of
- 12/2021
- EIN
- 20-2934188
Organization Overview
Community Housing Development Corporation is located in Salina, KS. The organization was established in 2006. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Community Housing Development Corporation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Housing Development Corporation 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 Development Corporation generated $90.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (24.8%) each year. All expenses for the organization totaled $17.7k during the year ending 12/2021. 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
TO PROVIDE QUALITY HOUSING THAT IS AFFORDABLE TO LOW AND MODERATE-INCOME PERSONS BY DEVELOPING, PROMOTING, AND FACILITATING ACCESS TO AFFORDABLE HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSIST WITH NEEDS IN THE COMMUNITY FOR HOUSING FOR THE LOW AND MIDDLE INCOME GROUPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Hobbie Executive Di | Officer | 20 | $3,000 |
Lance H Cochran Chairman | OfficerTrustee | 2 | $0 |
Lauren M Driscoll Board Member | Trustee | 1 | $0 |
Kim Trigg Board Member | Trustee | 1 | $0 |
Dahx Marrs Board Member | Trustee | 1 | $0 |
Andy Houltberg Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $78,000 |
| Noncash contributions included in lines 1a–1f | $15,500 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,000 |
| Total Program Service Revenue | $0 |
| Investment income | $722 |
| 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 | $11,035 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $90,093 |
| 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. | $3,000 |
| Compensation of current officers, directors, key employees. | $360 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,800 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $654 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,167 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $76 |
| Office expenses | $726 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,261 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,270 |
| All other expenses | $702 |
| Total functional expenses | $17,656 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $67,940 |
| Savings and temporary cash investments | $155,432 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $49,020 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $272,392 |
| Accounts payable and accrued expenses | $1,145 |
| 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 | $0 |
| Total liabilities | $1,145 |
| Net assets without donor restrictions | $112,808 |
| Net assets with donor restrictions | $158,439 |
| 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 | $272,392 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Community Housing Development Corporation has recieved totaling $200,000.
| Awarding Organization | Amount |
|---|---|
Greater Salina Community Foundation Salina, KS PURPOSE: HOUSING RESTORATION | $200,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central Oklahoma Habitat For Humanity Inc Oklahoma City, OK | $15,945,462 | $9,628,435 |
Tri-County Housing Inc Fowler, CO | $14,600,374 | $8,095,427 |
Justine Petersen Housing And Reinvestment Corporation Saint Louis, MO | $49,338,747 | $7,649,655 |
Elkhorn Valley Community Development Corporation Norfolk, NE | $12,960,627 | $4,413,796 |
Family Housing Advisory Services Inc Omaha, NE | $4,420,321 | $3,509,114 |
Habitat For Humanity International Inc Longmont, CO | $9,039,469 | $8,643,955 |
Habitat For Humanity International Inc Joplin, MO | $7,929,648 | $3,491,454 |
Hfho Real Estate Holdings Inc Omaha, NE | $4,308,408 | $2,447,749 |
Community Enhancement Corporation Oklahoma City, OK | $19,292,408 | $1,589,887 |
Tri-State Family Ymca Neosho, MO | $4,720,374 | $2,158,931 |
Mercy Bond Properties Nebraska I Denver, CO | $6,153,326 | $2,237,025 |
Neighborhood Housing Services Of Pueblo Inc Pueblo, CO | $9,050,981 | $1,909,212 |