Community Housing And Resources Inc

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 09/2023, Community Housing And Resources Inc employed 5 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 09/2023, Community Housing And Resources Inc generated $4.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $1.9m during the year ending 09/2023. While expenses have increased by 3.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

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)Compensation
Melissa Rice
Former Executive Director
$97,253
Robert Glick
Director
$0
Chris Coile
Director
$0
Lena Brown
Director
$0
Shelley Greggs
Director
$0
Kate Sergeant
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $414,477
All other contributions, gifts, grants, and similar amounts not included above$1,140,046
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,554,523
Total Program Service Revenue$264,365
Investment income $25,673
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$15,700
Net Income from Fundraising Events $36,475
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,672,945

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