Community Housing Fund Llc
- Assets
- $104.3m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- Data as of
- 12/2023
- EIN
- 85-3731569
Organization Overview
Community Housing Fund Llc is located in New York, NY. 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. Community Housing Fund Llc 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE FUND IS ORGANIZED EXCLUSIVELY FOR CHARITABLE PURPOSES UNDER SECTION 501(C)(3) OF THE CODE, AND IS OPERATED EXCLUSIVELY TO FURTHER THE CHARITABLE PURPOSES OF ITS MEMBERS, INCLUDING RELIEF OF VULNERABLE AND EXTREMELY LOW INCOME HOUSEHOLDS, ELIMINATION OF RACIAL DISCRIMINATION, COMBATTING COMMUNITY DETERIORATION, ENHANCING COMMUNITY ENGAGEMENT, AND LESSENING THE BURDENS OF GOVERNMENT IN THE FIVE-COUNTY REGION LOCATED IN THE STATE OF CALIFORNIA CONSISTING OF SAN FRANCISCO, SAN MATEO, SANTA CLARA, ALAMEDA AND CONTRA COSTA COUNTIES (THE "BAY AREA") BY FINANCING THE CREATION OF NEW AFFORDABLE HOUSING AND THE PRESERVATION OF EXISTING AFFORDABLE HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROJECT AND INVESTMENT:ACQUIRING, ORIGINATING, HOLDING, SELLING, PROVIDING FINANCING, OR OTHERWISE MAKING INVESTMENTS OF EQUITY INTERESTS, DEBT INTERESTS, INTANGIBLE INTERESTS, JOINT VENTURES OR OTHER PARTIAL INTERESTS, PARTICIPATIONS, LEASEHOLD INTERESTS, OPTIONS, AND SIMILAR RIGHTS OR OTHER INTERESTS ,DIRECT OR INDIRECT, IN OR RELATING TO PROPERTY OPERATED (OR TO BE OPERATED) AS AFFORDABLE HOUSING. THE FUND WILL HELP TO RELIEVE THE POOR AND DISTRESSED, ELIMINATE RACIAL DISCRIMINATION, COMBAT COMMUNITY DETERIORATION, ENHANCE COMMUNITY ENGAGEMENT, AND LESSEN THE BURDENS OF GOVERNMENT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christina Travers Director | Trustee | 1 | $0 |
Constance Max Director | Trustee | 1 | $0 |
Denise Scott Director | Trustee | 1 | $0 |
Lisa Glover Chair | OfficerTrustee | 1 | $0 |
Robert Cooney Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $200,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $200,000 |
| Total Program Service Revenue | $1,780,199 |
| Investment income | $454,022 |
| 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 | $2,434,221 |
| 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 | $445,063 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $222,532 |
| Fees for services: Other | $34,416 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $1,062,759 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $19,118 |
| Total functional expenses | $2,856,018 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,474,252 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $270,898 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $102,516,749 |
| 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 | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $104,261,899 |
| Accounts payable and accrued expenses | $212,645 |
| 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 | $106,895,160 |
| Other liabilities | $821,116 |
| Total liabilities | $107,928,921 |
| Net assets without donor restrictions | -$3,667,022 |
| 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 | $104,261,899 |