Chatham Housing Authority
- Assets
- $136.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cedar Springs, MI
- Founding
- 03/1989
- Data as of
- 12/2021
- EIN
- 38-2780662
Organization Overview
Chatham Housing Authority is located in Cedar Springs, MI. The organization was established in 1989. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., 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. Chatham Housing Authority 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, Chatham Housing Authority generated $93.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $76.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
OWN AND OPERATE A 12 UNIT MULTI-FAMILY HOUSING UNIT. RENTAL ASSISTANCE IS PROVIDED TO TENANTS WHO MEET PROGRAM REQUIREMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wilma Hill President | 1 | $0 | |
Peggy Maki Vice Preside | 1 | $0 | |
Gina Maki Secretary/tr | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $91,594 |
| Membership dues | $0 |
| Investment income | $35 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,000 |
| Total Revenue | $93,629 |
| 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 | $14,775 |
| Occupancy, rent, utilities, and maintenance | $41,676 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,031 |
| Total expenses | $76,482 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,738 |
| Other assets | $0 |
| Total assets | $136,603 |
| Total liabilities | $355,084 |
| Net assets or fund balances | -$218,481 |
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