Community Housing And Resources Inc
- Assets
- $5.8m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 3
- Location
- Sanibel, FL
- Founding
- 04/1981
- Data as of
- 09/2021
- EIN
- 59-2037788
Organization Overview
Community Housing And Resources Inc is located in Sanibel, FL. The organization was established in 1981. 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. As of 09/2021, Community Housing And Resources Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Housing And Resources 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 09/2021, Community Housing And Resources Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $1.0m during the year ending 09/2021. 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
CHR IS A PRIVATE NOT-FOR-PROFIT ORGANIZATION PRIMARILY DEDICATED TO PROVIDING AFFORDABLE HOUSING TO FAMILIES AND INDIVIDUALS WHO WORK ON OR SERVE THE COMMUNITY OF SANIBEL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHR ADMINISTERS HOUSING FOR 150 ISLAND RESIDENTS IN 11 RENTAL COMPLEXES PLUS 14 LIMITED EQUITY OWNERSHIP HOMES THROUGHOUT SANIBEL, THUS FACILITATING LOCAL WORKFORCE FOR ISLAND BUSINESSES AND ENSURING ECONOMIC DIVERSITY IN OUR COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Rice Executive Director | Officer | 45 | $91,984 |
Laura Debruce Directorvice Presidentsecre | OfficerTrustee | 5 | $0 |
Doug Babcock Directortreasurer | OfficerTrustee | 5 | $0 |
Stephen Brown Directorpresident | OfficerTrustee | 5 | $0 |
Robert Glick Director | Trustee | 5 | $0 |
Roger Grogman Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $375,943 |
| All other contributions, gifts, grants, and similar amounts not included above | $351,757 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $727,700 |
| Total Program Service Revenue | $593,687 |
| Investment income | $6,711 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $230,599 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,584,999 |
| 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. | $93,000 |
| Compensation of current officers, directors, key employees. | $15,473 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $89,353 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $46,587 |
| Payroll taxes | $14,174 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $500 |
| Advertising and promotion | $6,228 |
| Office expenses | $12,138 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $94,095 |
| Travel | $2,452 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $47,770 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $240,058 |
| Insurance | $148,621 |
| All other expenses | $31,200 |
| Total functional expenses | $1,004,551 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,300 |
| Savings and temporary cash investments | $1,710,011 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,831 |
| 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 | $96,874 |
| Net Land, buildings, and equipment | $3,942,637 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,798,653 |
| Accounts payable and accrued expenses | $11,090 |
| 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 | $743,410 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $475,445 |
| Total liabilities | $1,229,945 |
| Net assets without donor restrictions | $4,303,716 |
| Net assets with donor restrictions | $264,992 |
| 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 | $5,798,653 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Community Housing And Resources Inc has recieved totaling $192,112.
| Awarding Organization | Amount |
|---|---|
L A T Foundation Westport, CT PURPOSE: GENERAL SUPPORT | $45,000 |
L A T Foundation Westport, CT PURPOSE: GENERAL SUPPORT | $40,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $34,450 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $32,500 |
The Cara Foundation Inc Brookfield, WI PURPOSE: UNRESTRICTED GRANT | $20,000 |
Filkins Family Foundation Inc Chicago, IL PURPOSE: GENERAL | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Habitat For Humanity Of Collier County Inc Naples, FL | $122,499,137 | $30,188,706 |
I M Sulzbacher Center For The Homeless Inc Jacksonville, FL | $19,053,781 | $20,126,235 |
Housing Partnership Inc Riviera Beach, FL | $13,058,186 | $17,518,413 |
Big Canoe Property Owners Association Inc And Subsidiary Big Canoe, GA | $48,180,026 | $19,159,834 |
Opa-Locka Community Development Corporation Inc Opa Locka, FL | $85,273,967 | $19,527,204 |
Orlando Neighborhood Improvement Corporation Inc Orlando, FL | $57,656,701 | $16,159,756 |
Habitat For Humanity International Inc Tampa, FL | $16,516,073 | $18,669,195 |
Jerusalem House Inc Atlanta, GA | $4,358,598 | $7,877,090 |
Habitat For Humanity International Inc Jacksonville, FL | $26,227,920 | $12,923,898 |
Greater Birmingham Habitat For Humanity Inc Fairfield, AL | $36,123,846 | $9,151,776 |
American Opportunity Foundation Atlanta, GA | $34,585,201 | $5,667,158 |
Recovery Place Community Services Inc Savannah, GA | $2,985,458 | $7,587,530 |