Chi Reality Inc
- Assets
- $50.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- White Plains, NY
- Founding
- 01/2020
- Data as of
- 12/2021
- EIN
- 32-0190641
Organization Overview
Chi Reality Inc is located in White Plains, NY. The organization was established in 2020. According to its NTEE Classification (L30) the organization is classified as: Housing Search Assistance, 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. Chi Reality 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, Chi Reality Inc generated $40.4k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $21.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THIS ENTITY PROVIDES PROPERTY MANAGEMENT SERVICES FOR OTHER CORPORATIONS AND MAY ENGAGE IN REAL ESTATE SERVICES THAT HELP FACILITATE COMMUNITY HOUSING INNOVATIONS, INC IN CARRYING OUT ITS MISSIONS AND OBJECTIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Gifford President | 5 | $0 | |
Alexander Roberts Former Executive Director, Chi | 5 | $0 | |
Ronald Abad Chief Executive Officer, Chi | 5 | $0 | |
Joseph Maselli Director Of Property Manag | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $40,435 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $40,435 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $19,552 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,725 |
| Total expenses | $21,277 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,347 |
| Other assets | $0 |
| Total assets | $50,485 |
| Total liabilities | $0 |
| Net assets or fund balances | $50,485 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Valley Community Development Corporation Northampton, MA | $13,299,896 | $2,066,960 |
Fair Share Housing Center Inc Cherry Hill, NJ | $4,110,711 | $2,721,443 |
New York Mortgage Coalition Inc New York, NY | $2,919,874 | $1,089,367 |
Erie Dawn Inc Erie, PA | $815,348 | $550,377 |
Brookline Improvement Coalition Inc Brookline, MA | $2,013,403 | $296,143 |
Homesharing Program Of Somerset County Inc Bridgewater, NJ | $396,622 | $249,877 |
Homeward Bound Program Bronx, NY | $0 | $149,877 |
Housing With Hope Foundation Inc Scotch Plains, NJ | $16,112 | $71,672 |
Chi Reality Inc White Plains, NY | $50,485 | $0 |
Flipping For Charities Inc Somerset, MA | $136,896 | $0 |
Housing Partners Of New York Inc Brooklyn, NY | $354,229 | $0 |
Wellness Transitional Living Inc Valley Cottage, NY | $0 | $0 |