EIN 94-3398998

Community Housing Capital (CHC)

Name: Community Housing Capital (CHC) financials for 2022
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Decatur

State

Georgia

Year formed

2000

Most recent tax filings

2022-09-01

NTEE code, primary

S20: Community, Neighborhood Development, Improvement

Description

CHC's primary mission is to promote affordable housing by providing access to flexible capital that is typically the missing piece in making affordable housing a reality in both urban and rural communities.

Total revenues

$11,518,951

2022

Total expenses

$6,889,588

2022

Total assets

$142,652,504

2022

Num. employees

2022

Program areas at CHC

Community Housing Capital provides mortgage lending for multifamily and single family development, interim acquistion & development affordable Housing projects sponsored by neighborworks network entities. For the fiscal year ended 9/30/2022. Community Housing Capital directly originated $93.13 million in new loans which facilitated an additional $137.52 million in development and created or rehabilitated 834 Housing units.

Who funds Community Housing Capital (CHC)

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
NeighborWorks America	2021-09	General Support	$2,500,000

Federal funding details

Federal agency	CFDA code	Program name	Amount
Department of the Treasury	21.020	COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS PROGRAM	$33,721,386
Department of the Treasury	21.011	CAPITAL MAGNET FUND	$2,500,000
Department of the Treasury	21.024	COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS RAPID RESPONSE PROGRAM (CDFI RRP)	$1,826,265

Personnel at CHC

Name	Title	Compensation	Date of data
Cindy Holler	President and Chief Executive Officer	$284,155	2023-02-15
John Gilbert	Chief Executive Officer and President and Director	$19,766	2020-09-30
Dave Landis	Senior Vice President and Chief Operating Officer	$91,457	2020-09-30
Arif Rizvi	Chief Financial Officer	$288,975	2022-12-07
Angie Waddell	Director of Impact and Loan Administration Officer / Senior Vice President and Chief Credit Officer		2022-04-14
...and 16 more key personnel

Financials for CHC

Revenues	FYE 09/2022	FYE 09/2021	% Change
Total grants, contributions, etc.	$3,590,000	$7,476,265	-52%
Program services	$7,912,716	$6,610,208	19.7%
Investment income and dividends	$17,850	$14,587	22.4%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$-4,015	$-14,851	73%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$2,400	$21,235	-88.7%
Total revenues	$11,518,951	$14,107,444	-18.3%

Form 990s for CHC

Fiscal year ending	Date received by IRS	Form	PDF link
2022-09	2023-02-15	990	View PDF
2021-09	2022-02-10	990	View PDF
2020-09	2021-04-12	990	View PDF
2019-09	2020-10-22	990	View PDF
2018-09	2019-06-19	990	View PDF
...and 9 more Form 990s

Organizations like CHC

Organization	Type	Location	Revenue
Cincinnati Development Fund (CDF)	501(c)(3)	Cincinnati, OH	$6,552,988
Neighborworks Capital Corporation	501(c)(3)	Silver Spring, MD	$10,287,510
Pathway Lending	501(c)(3)	Nashville, TN	$22,555,455
Massachusetts Housing Investment Corporation (MHIC)	501(c)(3)	Boston, MA	$18,783,706
Network for Oregon Affordable Housing	501(c)(3)	Portland, OR	$8,548,248
Propel Nonprofits	501(c)(3)	Minneapolis, MN	$14,478,230
Grow America Fund	501(c)(3)	Brooklyn, NY	$12,181,976
Metropolitan Economic Development Association	501(c)(3)	Minneapolis, MN	$12,064,856
Renaissance Community Loan Fund	501(c)(3)	Gulfport, MS	$5,045,088
The Reinvestment Fund (TRF)	501(c)(3)	Philadelphia, PA	$44,624,452

Data update history

June 14, 2023

Posted financials

Added Form 990 for fiscal year 2021

May 15, 2023

Received grants

Identified 1 new grant, including a grant for $2,500,000 from NeighborWorks America

November 6, 2022

Used new vendors

Identified 1 new vendor, including

April 14, 2022

Updated personnel

Identified 4 new personnel

August 21, 2021

Posted financials

Added Form 990 for fiscal year 2019

Nonprofit Types

Business and community development organizationsCommunity Development Financial InstitutionsCharities

Issues

Human servicesCommunity improvementHousing

Characteristics

Receives government fundingTax deductible donations

General information

Address: 402 E Howard Ave; Decatur, GA 30030
Metro area: Atlanta-Sandy Springs-Alpharetta, GA
County: DeKalb County, GA
Website URL: communityhousingcapital.org/
Phone: (866) 477-4215
Facebook page: Community-Housing-Capital
Twitter profile: @chchousing

IRS details

EIN: 94-3398998
Fiscal year end: September
Taxreturn type: Form 990
Year formed: 2000
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: S20: Community, Neighborhood Development, Improvement
NAICS code, primary: 522120: Savings Institutions
Parent/child status: Independent

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Community Housing Capital (CHC)

Program areas at CHC

Who funds Community Housing Capital (CHC)

Personnel at CHC

Financials for CHC

Form 990s for CHC

Organizations like CHC

Nonprofits

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