Chesapeake Bay Housing Inc
- Assets
- $203.7k
- Revenue
- $46.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Urbanna, VA
- Founding
- 11/1993
- Data as of
- 09/2022
- EIN
- 54-1687853
Organization Overview
Chesapeake Bay Housing Inc is located in Urbanna, VA. The organization was established in 1993. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, 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. Chesapeake Bay Housing Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CHARITABLE AND EDUCATIONAL PURPOSES INCLUDING, BUT NOT LIMITED TO, THE PROVISION AND OPERATION OF DECENT, SAFE, SANITARY, AND AFFORDABLE HOUSING AND RELATED SUPPORTIVE SERVICES FOR LOW INCOME INDIVIDUALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVISION OF HOME REPAIR AND REHABILITATION FOR LOW INCOME INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence E W Kight Jr Treasurer, Secretary | OfficerTrustee | 0 | $0 |
Theresa Ransone Vice Chairman | OfficerTrustee | 0 | $0 |
Kathey E Vesley Chairman | OfficerTrustee | 1 | $0 |
Odessa Jones Director | Trustee | 0 | $0 |
Betty S Hauch Director | Trustee | 0 | $0 |
James E Mickens Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $46,904 |
| 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 | $46,904 |
| Total Program Service Revenue | $0 |
| Investment income | $3 |
| 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 | $46,907 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $131 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,990 |
| All other expenses | $0 |
| Total functional expenses | $23,651 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,238 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $193,500 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $203,738 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $203,738 |
| 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 | $203,738 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Chesapeake Bay Housing Inc has recieved totaling $200,000.
| Awarding Organization | Amount |
|---|---|
Bay Aging Foundation Urbanna, VA PURPOSE: HOUSING PROJECT | $100,000 |
Bay Aging Foundation Urbanna, VA PURPOSE: HOUSING PROJECT | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Redwood Housing Inc North Bethesda, MD | $20,814,666 | $9,748,902 |
Housing Partnership Inc Louisville, KY | $43,644,315 | $10,025,390 |
Habitat For Humanity Of The Chesapeake Inc Baltimore, MD | $24,324,066 | $8,169,233 |
Our Lady Of Peace Inc Roanoke, VA | $13,777,109 | $11,564,075 |
Chisom Housing Group Washington, DC | $40,133,226 | $15,487,472 |
Guardian Center Inc Ooltewah, TN | $1,527,267 | $10,632,560 |
Habitat For Humanity International Inc Newport News, VA | $9,861,358 | $8,052,076 |
Wesley Housing Development Corporation Of Northern Virginia Alexandria, VA | $44,230,535 | $12,100,793 |
Habitat For Humanity Of Metro Louisville Inc Louisville, KY | $17,692,701 | $8,716,107 |
Chemung View Housing Inc North Bethesda, MD | $48,659,010 | $8,326,428 |
Habitat For Humanity International Inc Richmond, VA | $16,536,878 | $11,681,455 |
Habitat For Humanity International Inc Wilmington, NC | $16,885,274 | $7,269,123 |