Christian Center Housing Corporation
- Assets
- $1.5m
- Revenue
- $523.5k
- Investments
- $831.2k
- Employees
- 0
- Location
- Pittsfield, MA
- Founding
- 06/1994
- Data as of
- 12/2021
- EIN
- 22-2778836
Organization Overview
Christian Center Housing Corporation is located in Pittsfield, MA. The organization was established in 1994. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christian Center Housing 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, Christian Center Housing Corporation generated $523.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $565.1k during the year ending 12/2021. While expenses have increased by 3.8% 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
TO PROVIDE LOW INCOME HOUSING FOR THE ELDERLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES 39 UNITS OF LOW INCOME HOUSING FOR THE ELDERLY. SECTION 8 RENTAL ASSISTANCE IS AVAILABLE FOR EVERY APARTMENT IN THE PROJECT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Lafayette Treasurer | OfficerTrustee | 0 | $0 |
Grace Ross Clerk | OfficerTrustee | 0 | $0 |
Anthony Massimiano Board President | OfficerTrustee | 0 | $0 |
Patricia Masoero Director | Trustee | 0 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $522,751 |
| Investment income | $703 |
| 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 | $523,454 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $103,263 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,407 |
| Payroll taxes | $6,747 |
| Fees for services: Management | $34,187 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $168 |
| Office expenses | $3,260 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $34,175 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $130,220 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $80,236 |
| Insurance | $20,235 |
| All other expenses | $56,424 |
| Total functional expenses | $565,070 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,230 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,495 |
| 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 | $5,417 |
| Net Land, buildings, and equipment | $600,831 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $831,232 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,493 |
| Total assets | $1,462,698 |
| Accounts payable and accrued expenses | $90,548 |
| Grants payable | $0 |
| Deferred revenue | $5,262 |
| 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 | $1,801,202 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $21,835 |
| Total liabilities | $1,918,847 |
| Net assets without donor restrictions | -$456,149 |
| 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 | $1,462,698 |
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|---|---|---|
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Israel Senior Citizens Housing Development Fund Corp New York, NY | $56,551,856 | $8,736,330 |
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Colgate Palmolive Post Retirement Veba Tr New York, NY | $1,964,886 | $6,599,849 |
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