Chn Housing Partners is located in Cleveland, OH. The organization was established in 1981. 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, Chn Housing Partners employed 279 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chn Housing Partners 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, Chn Housing Partners generated $91.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.3% each year . All expenses for the organization totaled $88.2m during the year ending 12/2021. While expenses have increased by 19.0% 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
CHN HOUSING PARTNERS' MISSION IS TO LEVERAGE THE POWER OF AFFORDABLE HOUSING TO CHANGE LIVES AND IMPROVE COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSING DEVELOPMENT, PROPERTY MANAGEMENT & SALES:CHN IS A SEASONED AFFORDABLE HOUSING DEVELOPER AND THE NATION'S LARGEST SINGLE-FAMILY DEVELOPER USING LOW INCOME HOUSING TAX CREDITS THROUGH OUR NATIONALLY RECOGNIZED LEASE PURCHASE PROGRAM. WE DEVELOP HOUSING ACROSS ASSET CLASSES AND POPULATIONS USING MIXED FUNDING SOURCES IN OHIO, SOUTHEAST MICHIGAN, WESTERN NEW YORK AND WESTERN PENNSYLVANIA. WE PARTNER WITH SISTER NONPROFITS AND PUBLIC ENTITIES TO IMPLEMENT NEIGHBORHOOD STRATEGIES. AFFORDABILITY, SUSTAINABILITY AND HOMEOWNERSHIP ARE OUR CORE PRINCIPLES. IN 2021, CHN COMPLETED DEVELOPMENT ON 75 GREEN AFFORDABLE HOUSING UNITS AND SOLD 152 HOMES TO LOW-INCOME FAMILIES WHO COULD NOT OTHERWISE ACHIEVE HOMEOWNERSHIP THROUGH OUR LEASE PURCHASE PROGRAM.
ENERGY CONSERVATION & WEATHERIZATION:THROUGH DECADES-LONG PARTNERSHIPS WITH UTILITY COMPANIES AND PUBLIC AGENCIES, CHN HAS BECOME ONE OF NORTHEAST OHIO'S LARGEST ENERGY CONSERVATION AND WEATHERIZATION PROVIDERS. CURRENTLY, WE PROVIDE NEARLY $17 MILLION IN ENERGY-EFFICIENT PRODUCTS AND SERVICES ANNUALLY (INCLUDING WEATHERIZATION AND ELECTRIC, WATER, AND SEWER CONSERVATION) TO HELP MAKE HOMES SAFER AND MORE AFFORDABLE. REDUCING THE COST OF UTILITIES AND, BY EXTENSION, THE CONSUMPTION OF ENERGY AND THE RESULTING CARBON FOOTPRINT OF THOUSANDS OF LMI RESIDENTS EACH YEAR, IS A HIGH PRIORITY AND LONG- TERM STRATEGIC FOCUS OF CHN. TO MOVE THE NEEDLE IN THIS AREA, CHN COMPLETES THOUSANDS OF ENERGY CONSERVATION JOBS FOR LOW- TO MODERATE-INCOME (LMI) HOUSEHOLDS ANNUALLY. THIS INCLUDES THE REMOVAL AND REPLACEMENT OF HVAC TO INCREASE ENERGY EFFICIENCY AND TO BOTH REDUCE THE VOLUME OF PARTICULATES IN AND IMPROVE THE QUALITY OF THE AIR IN PEOPLE'S HOMES. THE WORK ALSO INCLUDES HOME INSULATION AND OTHER WEATHERIZATION MEASURES SUCH AS WEATHER STRIPPING, CAULK, AIR SEALING, AND ENERGY CONSERVATION MEASURES INCLUDING LIGHT BULB INSTILLATION, METER OF REFRIGERATOR AND/OR FREEZER, REPLACEMENT OF HIGH USE REFRIGERATOR AND/OR FREEZER AND CLIENT EDUCATION. IN 2021, CHN COMPLETED 6,296 JOBS IN A 22-COUNTY AREA.
TRAINING & EDUCATION:CHN OPERATES ONE OF THE REGION'S HIGHER-CAPACITY COMMUNITY RESOURCE CENTERS, TEACHING FINANCIAL AND DIGITAL LITERACY, ENHANCING EMPLOYMENT SKILLS, AND PREPARING CLIENTS TO PURCHASE AND MAINTAIN THEIR HOMES THROUGH OUR FINANCIAL MOBILITY PROGRAM. OUR FINANCIAL MOBILITY COUNSELORS ARE CERTIFIED AND HUD-APPROVED AND FOLLOW THE NATIONAL STANDARDS FOR HOMEOWNERSHIP COUNSELING. IN 2022, 748 LEASE PURCHASE RESIDENTS RECEIVED FINANCIAL COUNSELING AND COACHING TO IMPROVE THEIR FINANCIAL HEALTH, WHICH INCLUDE INCREASING SAVINGS, IMPROVING CREDIT SCORES, AND BUILDING ASSET PRODUCTS. TO HELP NORTHEAST OHIO FAMILIES OVERCOME SHORT-TERM HARDSHIP BROUGHT ABOUT BY THE PANDEMIC, CHN WORKED WITH THE CITY OF CLEVELAND, CUYAHOGA COUNTY AND THE STATE OF OHIO TO ADMINISTER PROGRAMS PROVIDING EMERGENCY RENTAL AND UTILITY ASSISTANCE. FOR 2021, CHN PAID OUT $42.3 MILLION IN RENTAL ASSISTANCE, WHICH REPRESENTS 8928 TOTAL PAYMENTS. ALSO IN 2021, CHN ADMINISTERED UTILITY ASSISTANCE PROGRAMS THAT PROCESSED 43,165 CASES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kevin J Nowak Executive Director | Officer | 40 | $221,909 |
Mary Smigelski CFO | Officer | 40 | $188,890 |
Patrick Kenney COO | Officer | 40 | $184,195 |
Kathleen Monter Durban Asst. Director | Officer | 40 | $183,675 |
Mark Whipkey Director Of Asset Mgmt | Officer | 40 | $179,800 |
Janet Reed-James Director Of Human Resource | Officer | 40 | $165,618 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
K&d Management Llc Rental Payments | 12/30/21 | $693,404 |
Wildcat Vii Llc Rental Payments | 12/30/21 | $506,871 |
Ram-con Llc Weatherization Svc | 12/30/21 | $429,220 |
Northlake Plumbing Llc Weatherization Svc | 12/30/21 | $370,394 |
444 Park Owners Llc Rental Payments | 12/30/21 | $375,909 |
Statement of Revenue | |
---|---|
Federated campaigns | $781,744 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $52,622,661 |
All other contributions, gifts, grants, and similar amounts not included above | $20,516,686 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $73,921,091 |
Total Program Service Revenue | $14,237,650 |
Investment income | $819,544 |
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 | -$373,367 |
Miscellaneous Revenue | $0 |
Total Revenue | $91,427,214 |
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. | $1,343,937 |
Compensation of current officers, directors, key employees. | $101,626 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $12,976,047 |
Pension plan accruals and contributions | $328,000 |
Other employee benefits | $1,016,265 |
Payroll taxes | $1,082,007 |
Fees for services: Management | $0 |
Fees for services: Legal | $168,183 |
Fees for services: Accounting | $83,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,644,559 |
Advertising and promotion | $0 |
Office expenses | $784,219 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,834,596 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $238,984 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $28,665 |
Insurance | $260,075 |
All other expenses | $0 |
Total functional expenses | $88,247,595 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $8,427,334 |
Savings and temporary cash investments | $8,583,821 |
Pledges and grants receivable | $4,873,066 |
Accounts receivable, net | $6,086,727 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $25,265,231 |
Inventories for sale or use | $81,236 |
Prepaid expenses and deferred charges | $2,700,414 |
Net Land, buildings, and equipment | $70,567 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $7,073,308 |
Intangible assets | $0 |
Other assets | $11,331,094 |
Total assets | $74,492,798 |
Accounts payable and accrued expenses | $7,378,357 |
Grants payable | $0 |
Deferred revenue | $5,958,932 |
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 | $30,264,904 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,376,327 |
Total liabilities | $44,978,520 |
Net assets without donor restrictions | $28,689,278 |
Net assets with donor restrictions | $825,000 |
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 | $74,492,798 |
Over the last fiscal year, we have identified 27 grants that Chn Housing Partners has recieved totaling $2,090,608.
Awarding Organization | Amount |
---|---|
Sherwin-Williams Foundation Cleveland, OH PURPOSE: HEALTH & HUMAN SERVICES | $500,000 |
Jp Morgan Chase Foundation New York, NY PURPOSE: IN SUPPORT OF NEIGHBORHOOD REVITALIZATION | $350,000 |
Cleveland Foundation Cleveland, OH PURPOSE: DIGITAL NAVIGATOR PROGRAM | $294,250 |
George Gund Foundation Cleveland, OH PURPOSE: OPERATING SUPPORT. | $120,000 |
George Gund Foundation Cleveland, OH PURPOSE: STRATEGIC INITIATIVES IN AFFORDABLE HOUSING AND COMMUNITY DEVELOPMENT. | $120,000 |
William J & Dorothy K Oneill Foundation Inc Cleveland, OH PURPOSE: CLEVELAND SCHOLAR HOUSE: 2GEN AFFORDABLE HOUSING & SUPPORTS | $100,000 |
Beg. Balance | $825,000 |
Ending Balance | $825,000 |
Organization Name | Assets | Revenue |
---|---|---|
Chn Housing Partners Cleveland, OH | $74,492,798 | $91,427,214 |
Allegheny Council To Improve Our Neighborhoods-Housing Incorporated Pittsburgh, PA | $58,739,057 | $67,049,805 |
Commission On Economic Opportunity Of Luzerne County Wilkesbarre, PA | $24,684,280 | $41,061,242 |
Emerald Development And Economic Cleveland, OH | $37,695,936 | $37,548,229 |
Community First Fund Lancaster, PA | $129,035,730 | $44,963,943 |
Housing Services Mid Michigan Charlotte, MI | $2,013,469 | $14,437,193 |
Beyond Owners Group Inc Willow Street, PA | $131,731,512 | $8,827,345 |
Community Rebuilders Grand Rapids, MI | $5,851,617 | $11,572,784 |
New Directions Housing Corporation Louisville, KY | $27,737,851 | $9,868,214 |
Cinnaire Lending Corporation Lansing, MI | $75,621,059 | $9,899,346 |
University Properties Inc East Stroudsburg, PA | $58,514,914 | $5,926,957 |
Cedar Lake Residences Inc Louisville, KY | $2,301,086 | $7,918,008 |