Community Housing Network Inc is located in Columbus, OH. The organization was established in 1988. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Community Housing Network Inc employed 134 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Housing Network 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 12/2022, Community Housing Network Inc generated $11.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $12.5m during the year ending 12/2022. 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
COMMUNITY HOUSING NETWORK, INC. PROVIDES AFFORDABLE HOUSING FOR LOW INCOME DISABLED PERSONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PERMANENT SUPPORTIVE HOUSING: COMMUNITY HOUSING NETWORK (CHN) IS A NONPROFIT HOUSING COMPANY THAT DEVELOPS, OWNS AND MANAGES PERMANENT SUPPORTIVE HOUSING DEDICATED TO VULNERABLE POPULATIONS INCLUDING PEOPLE WITH MENTAL HEALTH CONDITIONS, SUBSTANCE USE DISORDERS, AND HISTORIES OF HOMELESSNESS. SINCE OUR BEGINNING IN 1987, CHN'S PERMANENTSUPPORTIVE HOUSING PROGRAM HAS PROVEN THAT VULNERABLE POPULATIONS CAN LIVE SUCCESSFULLY IN THE COMMUNITY WHEN THEIR HOUSING IS CONNECTED TO APPROPRIATE SUPPORTIVE SERVICES. CHN'S HOUSING ALLOWS RESIDENTS TO LIVE STABLY, WHICH IN TURN HAS POSITIVE EFFECTS ON THEIR HEALTH,PRODUCTIVITY AND CONNECTION TO THE COMMUNITY. IN ADDITION, ONCE STABLY HOUSED, CHN'S RESIDENTS USE FEWER COSTLY COMMUNITY RESOURCES LIKE EMERGENCY HEALTH CARE AND HOMELESS SHELTERS, GENERATING SIGNIFICANT COST SAVINGS TO PUBLIC SYSTEMS. TODAY, CHN PROVIDES OVER 1,600PERMANENT SUPPORTIVE HOUSING UNITS AND IS AN INTEGRAL PART OUR COMMUNITY'S EFFORT TO IMPROVE THE LIVES OF OUR MOST VULNERABLE CITIZENS.CHN PROVIDES ALL RESIDENTS WITH A RENT SUBSIDY TO ENSURE OUR HOUSING IS AFFORDABLE, AS WELL AS SAFE, DEPENDABLE, AND WELL MAINTAINED. CHN ALSO OFFERS A CONTINUUM OF SUPPORTIVE HOUSING SERVICE MODELS, INCLUDING MODELS WITH 24/7 ON-SITE WELL-BEING MONITORING, ON-SITE SERVICES,RESIDENT MANAGERS AND CONNECTIONS TO COMMUNITY-BASED SOCIAL, HEALTH AND EMPLOYMENT SERVICES. IN ADDITION TO ITS OWN SERVICES, CHN ENGAGES WITH OTHER SERVICE AGENCIES TO OFFER RESIDENTS MORE ACCESS TO BEHAVIORAL HEALTH, WELLNESS AND EMPLOYMENT SERVICES. SUCCESS IS MEASURED BY LENGTH OF STAY IN OUR HOUSING, SUCCESSFUL EXITS, INCLUDING EXITS TO MORE INDEPENDENT HOUSING, BEING CONNECTED TO AS-NEEDED SUPPORTIVE SERVICES, AND INCREASED INCOME, INCLUDING THROUGH EMPLOYMENT. BY INCLUDING A SAFETY NET OF SERVICES IN ALL ITS HOUSING, CHN'S HOUSING EQUIPS RESIDENTS WITH THE TOOLS THEY NEED TO OVERCOME OBSTACLES IN THEIR LIVES AND MAINTAIN STABILITY. STABILITY ALLOWS RESIDENTS TO GAIN INDEPENDENCE AND BEGIN TO FLOURISH, INCREASING THEIR INCOMES AND FINDING MEANINGFUL EMPLOYMENT, BUILDING SUSTAINING RELATIONSHIPS, AND RECONNECTING TO THEIR LOVED ONES AND COMMUNITIES.
DEVELOPMENT: CHN HAS DEVELOPED, OWNS AND MANAGES MORE THAN 1,200 PERMANENT SUPPORTIVE HOUSING APARTMENTS LOCATED AT OVER 140 DIFFERENT SITES SCATTERED THROUGHOUT FRANKLIN COUNTY IN 32 ZIP CODES, INCLUDING SIX SUBURBAN COMMUNITIES. AS A REAL ESTATE DEVELOPER, CHN ACQUIRESPROPERTY, OBTAINS ZONING APPROVALS, ASSEMBLES FINANCING AND OVERSEES PROJECTS THROUGH CONCEPT, DESIGN, ENGINEERING, BIDDING AND CONSTRUCTION PHASES. DEVELOPMENTS INCLUDE BOTH NEW CONSTRUCTION AND ACQUISITION AND RENOVATION OF EXISTING BUILDINGS. CHN USES MANY FUNDING SOURCES TO DEVELOP ITS HOUSING, INCLUDING LOW-INCOME HOUSING TAX CREDITS, TAX-EXEMPT BONDS, STATE AND LOCAL FUNDING, AND PHILANTHROPIC GRANTS.CHN ALSO USES THE DEVELOPMENT PROCESS TO FORM LONG-TERM NEIGHBORHOOD CONNECTIONS THROUGH ITS COMMUNITY ACCEPTANCE APPROACH. CHN PROACTIVELY FORMS COMMUNITY ADVISORY COUNCILS PRIOR DEVELOPING PROPERTY TO INFORM NEIGHBORS ABOUT CHN AND ITS HOUSING MODELS. CHN ALSO SOLICITS NEIGHBORHOOD INPUT INTO THE HOUSING'S DESIGN AND OPERATIONS. BY OFFERING A FORUM FOR ON-GOING COMMUNICATION, THESE COUNCILS PROVIDE THE LONG-TERM RELATIONSHIPS THAT CONNECT CHN AND OUR FUTURE RESIDENTS TO OUR NEIGHBORHOODS.
COMMUNITY HOUSING NETWORK PROVIDES ALL CUSTOMARY PROPERTY MANAGEMENT FUNCTIONS FOR ITS PORTFOLIO OF SCATTERED-SITE APARTMENTS INCLUDING: 24-HOUR ON-CALL MAINTENANCE, TENANT SCREENING AND SELECTION, LEASE-UP, LEASE ENFORCEMENT, RENT COLLECTION, MAINTENANCE AND REPAIR, BUDGETING, PURCHASING AND ACCOUNTING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dushka Crane Board Chair | OfficerTrustee | 0.3 | $0 |
Michael Spangler Vice Chair | Trustee | 0.3 | $0 |
John Royer Board Member | OfficerTrustee | 0.3 | $0 |
Linda S Janes Board Member | Trustee | 0.3 | $0 |
Samuel Stephens Treasurer | Trustee | 0.3 | $0 |
Brandon Guisinger Secretary | OfficerTrustee | 0.3 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Rockford Homes Inc Construction And Repairs | 12/30/22 | $8,534,373 |
Aryes Staffing 24 Hour Tenant Services | 12/30/22 | $1,460,444 |
Neighborhood Creations Inc Cleaning Services | 12/30/22 | $745,907 |
Blackwell's Cleaning Solutions Llc Cleaning Services | 12/30/22 | $504,875 |
National Church Residences Permanent Sup Tenant Supportive Service Provider | 12/30/22 | $504,100 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $8,315 |
Government grants | $6,784,511 |
All other contributions, gifts, grants, and similar amounts not included above | $629,623 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $7,422,449 |
Total Program Service Revenue | $2,927,143 |
Investment income | $52,432 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$67,902 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $11,087,662 |
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. | $959,024 |
Compensation of current officers, directors, key employees. | $959,024 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,980,991 |
Pension plan accruals and contributions | $67,718 |
Other employee benefits | $428,463 |
Payroll taxes | $360,916 |
Fees for services: Management | $217,400 |
Fees for services: Legal | $84,629 |
Fees for services: Accounting | $192,069 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,360,638 |
Advertising and promotion | $0 |
Office expenses | $665,033 |
Information technology | $7,751 |
Royalties | $0 |
Occupancy | $217,423 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $159,691 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $477,307 |
Insurance | $120,870 |
All other expenses | $982 |
Total functional expenses | $12,528,502 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,497,111 |
Savings and temporary cash investments | $582,196 |
Pledges and grants receivable | $613,055 |
Accounts receivable, net | $4,467,661 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $8,826,337 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $245,035 |
Net Land, buildings, and equipment | $9,688,320 |
Investments—publicly traded securities | $77,257 |
Investments—other securities | $0 |
Investments—program-related | $29,938,011 |
Intangible assets | $0 |
Other assets | $34,755 |
Total assets | $56,969,738 |
Accounts payable and accrued expenses | $1,476,860 |
Grants payable | $0 |
Deferred revenue | $69,189 |
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 | $4,574,190 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $31,847 |
Total liabilities | $6,152,086 |
Net assets without donor restrictions | $34,400,939 |
Net assets with donor restrictions | $16,416,713 |
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 | $56,969,738 |