Community Homebuyers Corporation

Organization Overview

Community Homebuyers Corporation is located in South Bend, IN. The organization was established in 1994. According to its NTEE Classification (L80) the organization is classified as: Housing Support, 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. Community Homebuyers Corporation 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 Homebuyers Corporation generated $341.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $335.1k during the year ending 12/2022. While expenses have increased by 3.4% per year over the past 8 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE AFFORDABLE HOUSING OPPORTUNITIES TO LOW AND MODERATE INCOME HOUSEHOLDS WITHIN ST. JOSEPH COUNTY, INDIANA WITH EMPHASIS UPON PROVIDING HOUSING OPPORTUNITIES IN NEIGHBORHOODS CONSIDERED AT HOUSING RISK.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN 2022, THE ORGANIZATION PROVIDED 11 LOANS TO LOW AND MODERATE INCOME FAMILIES WITH NEW FORGIVABLE MORTGAGE LOANS USED FOR DOWNPAYMENT ASSISTANCE, AND SERVICED 196 FIRST MORTGAGE LOANS PROVIDED TO LOW AND MODERATE INCOME FAMILIES.


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Board, Officers & Key Employees

Name (title)Compensation
Mark Berta
Director
$0
Michele Banes
Director
$0
Greg Danner
Director
$0
Daniel Conroy
Director
$0
Andrew Burggraf
Director
$0
Suzanne Kost
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $309,200
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$309,200
Total Program Service Revenue$32,230
Investment income $0
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 $0
Miscellaneous Revenue$0
Total Revenue $341,430

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