Community Housing Improvement Program Incorporated
- Assets
- $24.6m
- Revenue
- $5.4m
- Investments
- $0.0
- Employees
- 82
- Location
- Chico, CA
- Founding
- 10/1974
- Data as of
- 12/2022
- EIN
- 94-2223398
Organization Overview
Community Housing Improvement Program Incorporated is located in Chico, CA. The organization was established in 1974. According to its NTEE Classification (L25) the organization is classified as: Housing Rehabilitation, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Community Housing Improvement Program Incorporated employed 82 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Housing Improvement Program Incorporated 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, Community Housing Improvement Program Incorporated generated $5.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $5.3m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE MULTI-FAMILY AFFORDABLE HOUSING AND SINGLE FAMILY AFFORDABLE HOUSING HOME OWNERSHIP OPPORTUNITIES TO LOW INCOME INDIVIDUALS AND FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOP, OWN, AND MANAGE AFFORDABLE RENTAL HOUSING FOR LOW-INCOME HOUSEHOLDS,INCLUDING FAMILIES, FARM-WORKERS, SENIOR CITIZENS AND SINGLE INDIVIDUALS. PROVIDE SPECIALIZED SERVICES TO LOW-INCOME TENANTS TO IMPROVE THEIR QUALITY OF LIFE.
TO PROVIDE ALL SERVICES NECESSARY TO FACILITATE THE CONSTRUCTION OF SINGLE FAMILY HOMES BY GROUPS OF LOW-INCOME FAMILIES USING THE MUTUAL SELF-HELP METHOD. FAMILIES WILL WORK COOPERATIVELY AND PROVIDE A SIGNIFICANT PORTION OF THE LABOR TOWARDS THE CONSTRUCTION OF THE HOUSE THEY WILL OWN AND LIVE IN UPON COMPLETION OF CONSTRUCTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andy Holcombe Chair | OfficerTrustee | 1 | $0 |
Yvette Zuniga Director | Trustee | 1 | $0 |
Dave Burkland Director | Trustee | 1 | $0 |
Joseph Feist Director | Trustee | 1 | $0 |
Katie Fowkes Director | Trustee | 1 | $0 |
David Goodson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $119,862 |
| Related organizations | $0 |
| Government grants | $2,192,676 |
| All other contributions, gifts, grants, and similar amounts not included above | $642,888 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,955,426 |
| Total Program Service Revenue | $2,445,748 |
| Investment income | $32,895 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$16,260 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,417,809 |
| 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. | $563,078 |
| Compensation of current officers, directors, key employees. | $89,392 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,790,635 |
| Pension plan accruals and contributions | $58,953 |
| Other employee benefits | $307,058 |
| Payroll taxes | $161,377 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,656 |
| Fees for services: Accounting | $37,615 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $180 |
| Office expenses | $26,266 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $44,136 |
| Travel | $66,965 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,280 |
| Interest | $25,460 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $172,592 |
| Insurance | $0 |
| All other expenses | $630,959 |
| Total functional expenses | $5,342,812 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,472,060 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $713,931 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $5,662,330 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $117,013 |
| Net Land, buildings, and equipment | $2,651,362 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $561,110 |
| Intangible assets | $529 |
| Other assets | $9,399,554 |
| Total assets | $24,577,889 |
| Accounts payable and accrued expenses | $1,904,899 |
| Grants payable | $0 |
| Deferred revenue | $151,102 |
| 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 | $6,463,420 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $55,065 |
| Total liabilities | $8,574,486 |
| Net assets without donor restrictions | $7,453,649 |
| Net assets with donor restrictions | $8,549,754 |
| 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 | $24,577,889 |