Chi Reality Inc
- Assets
- $53.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- White Plains, NY
- Founding
- 01/2020
- Data as of
- 12/2023
- 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 12/2023, Chi Reality Inc generated $575.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (55.3%) each year. All expenses for the organization totaled $2.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (59.7%) per year over the past 5 years. 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
2023
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 | 1 | $0 | |
Gerry Feinberg Board Member | 1 | $0 | |
Ronald Abad Chief Executive Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $575 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $575 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,163 |
| Total expenses | $2,163 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,449 |
| Other assets | $0 |
| Total assets | $53,587 |
| Total liabilities | $1,903 |
| Net assets or fund balances | $51,684 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Valley Community Development Corporation Northampton, MA | $26,965,396 | $4,190,882 |
Fair Share Housing Center Inc Cherry Hill, NJ | $4,330,161 | $2,328,703 |
New York Mortgage Coalition Inc New York, NY | $2,695,946 | $1,581,033 |
Erie Dawn Inc Erie, PA | $815,348 | $550,377 |
Brookline Improvement Coalition Inc Brookline, MA | $2,046,784 | $434,876 |
Homesharing Program Of Somerset County Inc Bridgewater, NJ | $360,596 | $281,773 |
Reside Affordable Inc Brooklyn, NY | $163,793 | $228,350 |
Homeward Bound Program Bronx, NY | $0 | $170,816 |
Calvert Vaux Preservation Alliance Staatsburg, NY | $24,163 | $0 |
Housing With Hope Foundation Inc Scotch Plains, NJ | $264,795 | $101,707 |
Union Neighborhood Assistance Corporation Boston, MA | $1,694,797 | $56,649 |
Flipping For Charities Inc Somerset, MA | $108,573 | $0 |
All Borough Solutions Inc Brooklyn, NY | $252,213 | $0 |
Housing Partners Of New York Inc Brooklyn, NY | $354,229 | $0 |
Wellness Transitional Living Inc Valley Cottage, NY | $0 | $0 |
Chi Reality Inc White Plains, NY | $53,587 | $0 |
Antonetta Sacro Foundation Everett, MA | $519,531 | $16,652 |