Charleston Affordable Housing Inc
- Assets
- $2.2m
- Revenue
- $1.9m
- Investments
- $2.1m
- Employees
- 0
- Location
- Chapin, SC
- Founding
- 08/1989
- Data as of
- 12/2022
- EIN
- 57-0864927
Organization Overview
Charleston Affordable Housing Inc is located in Chapin, SC. The organization was established in 1989. 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. Charleston Affordable 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.
For the year ending 12/2022, Charleston Affordable Housing Inc generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 47.8% each year . All expenses for the organization totaled $2.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James G Carswell III Executive Di | 6 | $0 | |
Jay L Coles Director | 2 | $0 | |
Jack G Hendrix Jr Director | 2 | $0 | |
Dan A Hyleman Director | 2 | $0 | |
Jay Ragon Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,898,197 |
| Total Revenue | $1,898,197 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,174,139 |
| Total operating and administrative expenses | $2,298,779 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $2,298,779 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,474 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $31,495 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,134,963 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $7,440 |
| Total assets | $2,239,372 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |