Cooperative Housing Foundation
- Assets
- $297.5m
- Revenue
- $140.7m
- Investments
- $164.8k
- Employees
- 187
- Location
- Silver Spring, MD
- Founding
- 03/1968
- Data as of
- 09/2021
- EIN
- 52-0846183
Organization Overview
Cooperative Housing Foundation, operating under the name Global Communities, is located in Silver Spring, MD. The organization was established in 1968. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 09/2021, Global Communities employed 187 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Communities 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 09/2021, Global Communities generated $140.7m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $129.4m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Global Communities has awarded 177 individual grants totaling $28,407,939. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TECHNICAL ASSISTANCE: GLOBAL COMMUNITIES PROVIDES ASSISTANCE TO INDIVIDUALS AND INTERNATIONAL GOVERNMENTAL AND PRIVATE ORGANIZATIONS THAT IN TURN ASSIST THEIR CITIZENS OR MEMBERS IN IMPROVING THEIR COMMUNITIES.
CAPITAL ASSISTANCE: THROUGH ITS SUBSIDIARIES, GLOBAL COMMUNITIES MAKES MICRO CREDIT AND SMALL ENTERPRISE LOANS AT PREVAILING MARKET INTEREST RATES TO LOW-INCOME INDIVIDUALS IN DEVELOPING COUNTRIES.
TECHNICAL ASSISTANCE: GLOBAL COMMUNITIES PROVIDES ASSISTANCE TO INDIVIDUALS AND INTERNATIONAL GOVERNMENTAL AND PRIVATE ORGANIZATIONS THAT IN TURN ASSIST THEIR CITIZENS OR MEMBERS IN IMPROVING THEIR COMMUNITIES.
CAPITAL ASSISTANCE: THROUGH ITS SUBSIDIARIES, GLOBAL COMMUNITIES MAKES MICRO CREDIT AND SMALL ENTERPRISE LOANS AT PREVAILING MARKET INTEREST RATES TO LOW-INCOME INDIVIDUALS IN DEVELOPING COUNTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Weiss CEO | Officer | 40 | $459,294 |
Darwin Warmke Country Director (end 09/21) | 40 | $281,684 | |
Elissa Laborde Vp, Dev'l Finance (end 07/21) | Officer | 40 | $230,973 |
Lana Abu-Hijleh Country Director Ii | 40 | $222,237 | |
Pia Wanek Vp, Humanitarian Assistance | Officer | 40 | $215,080 |
Sheila Crowley Chief Operating Officer | Officer | 40 | $211,627 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
International Advisory Product 3rd Party Field Monitoring | 9/29/21 | $332,648 |
Grf Cpas & Advisors Audit Services | 9/29/21 | $333,708 |
Accenture International Ltd Merger Consulting | 9/29/21 | $535,000 |
Quest Software Inc It Consulting | 9/29/21 | $243,603 |
Insyte Partners Merger Consulting | 9/29/21 | $168,777 |
Accenture International Ltd Merger Consulting | 9/29/21 | $535,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $8,021,570 |
| Government grants | $100,934,165 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,445,904 |
| Noncash contributions included in lines 1a–1f | $63,800 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $117,401,639 |
| Total Program Service Revenue | $18,516,563 |
| Investment income | $2,161,617 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $679 |
| Net Rental Income | $5,683 |
| Net Gain/Loss on Asset Sales | $2,605,875 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $140,745,147 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,618,497 |
| Grants and other assistance to domestic individuals. | $5,770 |
| Grants and other assistance to Foreign Orgs/Individuals | $40,563,074 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,049,792 |
| Compensation of current officers, directors, key employees. | $1,992,441 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $33,490,261 |
| Pension plan accruals and contributions | $1,628,483 |
| Other employee benefits | $10,780,873 |
| Payroll taxes | $1,143,281 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $215,071 |
| Fees for services: Accounting | $511,044 |
| Fees for services: Lobbying | $18,281 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $602,138 |
| Fees for services: Other | $5,635,172 |
| Advertising and promotion | $227,578 |
| Office expenses | $1,944,981 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,801,589 |
| Travel | $1,277,373 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $260,006 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $246,100 |
| Insurance | $748,910 |
| All other expenses | $3,196,338 |
| Total functional expenses | $129,363,467 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,084 |
| Savings and temporary cash investments | $58,888,422 |
| Pledges and grants receivable | $18,204,656 |
| Accounts receivable, net | $6,805,114 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $98,379,884 |
| Inventories for sale or use | $237,089 |
| Prepaid expenses and deferred charges | $3,223,153 |
| Net Land, buildings, and equipment | $8,659,891 |
| Investments—publicly traded securities | $59,019,990 |
| Investments—other securities | $164,790 |
| Investments—program-related | $26,689,497 |
| Intangible assets | $671,985 |
| Other assets | $16,497,679 |
| Total assets | $297,460,234 |
| Accounts payable and accrued expenses | $21,120,737 |
| Grants payable | $0 |
| Deferred revenue | $582,738 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $2,819,108 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $105,916,447 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $12,847,505 |
| Total liabilities | $143,286,535 |
| Net assets without donor restrictions | $134,075,107 |
| Net assets with donor restrictions | $20,098,592 |
| 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 | $297,460,234 |
Grants Awarded
Over the last fiscal year, Cooperative Housing Foundation has awarded $5,231,272 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: TECHNICAL ASSISTANCE | $677,015 |
Washington, DC PURPOSE: TECHNICAL ASSISTANCE | $677,015 |
INTERNATIONAL ADVISORY PRODUCTS AND SYSTEMS (I-APS) PURPOSE: TECHNICAL ASSISTANCE | $428,197 |
INTERNATIONAL ADVISORY PRODUCTS AND SYSTEMS (I-APS) PURPOSE: TECHNICAL ASSISTANCE | $428,197 |
KAIZEN COMPANY PURPOSE: TECHNICAL ASSISTANCE | $423,845 |
KAIZEN COMPANY PURPOSE: TECHNICAL ASSISTANCE | $423,845 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Cooperative Housing Foundation has recieved totaling $3,771,223.
| Awarding Organization | Amount |
|---|---|
Project Concern International San Diego, CA PURPOSE: TO PROVIDE PROGRAM SUPPORT | $3,309,230 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $256,370 |
Improving Economies For Stronger Communities Washington, DC PURPOSE: PROGRAM SERVICES | $121,831 |
Kaiser Foundation Hospitals Oakland, CA PURPOSE: Healthy Start San Diego (Hssd) Birth Worker Initia | $40,000 |
Us Overseas Cooperative Development Council Incorporated Washington, DC PURPOSE: Subward for main research project, CRED | $31,212 |
Jenny Craig Family Foundation Los Angeles, CA PURPOSE: TO HELP LOW AND MODERATE INCOME COMMUNITIES AROUND THE WORLD TO IMPROVE THEIR SOCIAL, ECONOMIC AND ENVIRONMENTAL CONDITIONS. | $10,000 |
Endowment Analysis
| Earnings | $26,036 |
| Net Contributions | $714,736 |
| Ending Balance | $740,772 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Democratic Institute For International Affairs Washington, DC | $41,965,686 | $141,012,119 |
Cooperative Housing Foundation Silver Spring, MD | $297,460,234 | $140,745,147 |
Dkt International Inc Washington, DC | $309,590,554 | $143,761,960 |
Pact Inc Washington, DC | $42,828,323 | $133,146,280 |
Adventist Development And Relief Agency International Silver Spring, MD | $93,556,695 | $133,531,867 |
Brothers Brother Foundation Pittsburgh, PA | $16,877,615 | $117,307,567 |
Project Hope The People To People Health Foundation Inc Washington, DC | $49,626,555 | $132,366,024 |
American Near East Refugee Aid Inc Washington, DC | $22,548,003 | $100,752,656 |
Pan American Development Foundation Inc Washington, DC | $40,424,098 | $101,859,557 |
International Foundation For Electoral Systems Arlington, VA | $29,872,159 | $76,376,806 |
Kingsway Charities Inc Bristol, VA | $22,739,501 | $63,381,174 |
Operation Smile Inc Virginia Beach, VA | $94,902,554 | $85,245,515 |