Chn Housing Partners

Organization Overview

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.

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.


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Board, Officers & Key Employees

Name (title)Compensation
Kevin J Nowak
Executive Director
$221,909
Mary Smigelski
CFO
$188,890
Patrick Kenney
COO
$184,195
Kathleen Monter Durban
Asst. Director
$183,675
Mark Whipkey
Director Of Asset Mgmt
$179,800
Janet Reed-James
Director Of Human Resource
$165,618

Outside Vendors & Contractors

Vendor Name (Service)Compensation
K&d Management Llc
Rental Payments
$693,404
Wildcat Vii Llc
Rental Payments
$506,871
Ram-con Llc
Weatherization Svc
$429,220
Northlake Plumbing Llc
Weatherization Svc
$370,394
444 Park Owners Llc
Rental Payments
$375,909
View All Vendors

Financial Statements

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

Grants Recieved

Over the last fiscal year, we have identified 27 grants that Chn Housing Partners has recieved totaling $2,090,608.

Awarding OrganizationAmount
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
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$825,000
Ending Balance$825,000

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