Corporate Housing Providers Association
- Assets
- $1.1m
- Revenue
- $553.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 12/1996
- Data as of
- 12/2021
- EIN
- 43-1751061
Organization Overview
Corporate Housing Providers Association is located in Indianapolis, IN. The organization was established in 1996. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, 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. Corporate Housing Providers Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Corporate Housing Providers Association generated $553.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $637.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 7 years. 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
THE ASSOCIATION IS DEDICATED TO IMPROVING EACH CORPORATE HOUSING COMPANY INDIVIDUALLY AND THE CORPORATE HOUSING INDUSTRY COLLECTIVELY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP - BELONGING TO THE ORGANIZATION OFFERS EXCHANGES OF IDEAS AND KNOWLEDGE THROUGH WEBINARS, CONFERENCES, LOCAL AND NATIONAL EVENTS AND ENEWS TO IMPROVE THE PROFESSIONALISM OF THE INDUSTRY.
FORUMS - DIGITAL EVENTS FROM JAN - JUNE, 2021; ONLINE AND 1 IN-PERSON EVENT, HELD IN CONJUNCTION WITH THE WORLDWIDE ERC ANNUAL CONFERENCE IN CHICAGO. EVENT WAS TO SHARE INDUSTRY INSIGHTS AND PERSPECTIVE ON CORPORATE HOUSING WITH MOBILITY PROFESSIONALS, OFFERING NETWORKING AND EDUCATIONAL OPPORTUNITIES.
CHPA ANALYTICS - DATA ANALYTICS ONLINE PORTAL SYSTEM THAT PULLS DATA DIRECTLY FROM THE PARTICIPATING MEMBER COMPANIES' SYSTEMS NIGHTLY, AGGREGATED INTO A SEPARATE DATABASE THAT PRESENTS THE SUMMARIZED DATA AND IS AVAILABLE ONLINSE TO CONTRIBUTING COMPANIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Gorman Chair | OfficerTrustee | 1 | $0 |
Lee Curtis Immediate Past Chair | OfficerTrustee | 1 | $0 |
Steve Frey Vice Chair | OfficerTrustee | 1 | $0 |
Barbara Hale Secretary / Treasurer | OfficerTrustee | 1 | $0 |
Mary Ann Passi CEO | Officer | 1 | $0 |
Jana Collier Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Raybourn Group Management | 12/30/20 | $433,068 |
Jw Marriott Austin Hotel & Hospitality | 12/30/20 | $223,499 |
Raybourn Group Management | 12/30/20 | $433,068 |
Jw Marriott Austin Hotel & Hospitality | 12/30/20 | $223,499 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $51,012 |
| 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 | $51,012 |
| Total Program Service Revenue | $490,841 |
| Investment income | $11,886 |
| 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 | $553,739 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $469,564 |
| Fees for services: Legal | $3,261 |
| Fees for services: Accounting | $2,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,289 |
| Advertising and promotion | $300 |
| Office expenses | $4,613 |
| Information technology | $73,460 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $10,841 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,768 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,399 |
| Insurance | $3,568 |
| All other expenses | $4,505 |
| Total functional expenses | $637,137 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $375,787 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,941 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $78,537 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $599,926 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $42,698 |
| Other assets | $0 |
| Total assets | $1,106,889 |
| Accounts payable and accrued expenses | $9,270 |
| Grants payable | $0 |
| Deferred revenue | $536,559 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $545,829 |
| Net assets without donor restrictions | $561,060 |
| Net assets with donor restrictions | $0 |
| 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 | $1,106,889 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Travaux Inc Milwaukee, WI | $20,871,575 | $29,083,823 |
Housing Opportunities For Women Inc Chicago, IL | $10,302,205 | $13,644,444 |
Wings Program Inc Palatine, IL | $20,051,146 | $9,988,803 |
University Village Housing Inc Green Bay, WI | $28,254,095 | $5,543,891 |
Castle Manor Lincoln, IL | $7,321,481 | $2,363,290 |
Sheffield Place Kansas City, MO | $4,172,612 | $2,183,282 |
Christian Associates Of Table Rock Lake Kimberling City, MO | $3,003,702 | $1,607,403 |
Future Choices Inc Muncie, IN | $2,713,745 | $998,076 |
Good Samaritan Ministries A Project Of Carbondale Interfaith Council Carbondale, IL | $177,879 | $821,445 |
Silent Workers Circle Of The Intl Order Of Kings Daughters And Sons Frankfort, KY | $1,437,401 | $893,984 |
River Of Refuge Kansas City, MO | $9,897,657 | $775,029 |
Cots Inc Appleton, WI | $2,402,736 | $1,044,365 |