EIN 42-1416426

Community Housing Initiatives (CHI)

IRS 501(c) type
501(c)(3)
Num. employees
46
City
Spencer
State
Year formed
1994
Most recent tax filings
2022-12-01
Description
To cultivate opportunities for vibrant neighborhoods and communities. Iowa communities are vibrant places where everyone leads rewarding and productive lives.
Also known as...
C-O Douglas Labounty
Total revenues
$4,960,621
2022
Total expenses
$5,868,431
2022
Total assets
$48,515,149
2022
Num. employees
46
2022

Program areas at CHI

Affordable housing:develop and operate affordable rental Housing for low and moderate income households, approximately 3,300 persons benefited; serving seniors, families and persons with disabilities.community building:supports targeted neighborhoods with building social cohesion, local resident leadership development, and physical beautification of neighborhood structures including Housing and public spaces by collaborating with residents and other key local stakeholders.resident services:provide an array of services to residents of rental properties, including but not limited to service coordination, youth programs, financial management, health and wellness programs, social events, and leadership development.

Who funds Community Housing Initiatives (CHI)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
NeighborWorks AmericaGeneral Support$271,000
Cedar Valley United WayProgram Support$42,000

Personnel at CHI

NameTitleCompensation
Doug LabountyPresident$185,782
Tim ShanahanBoard Member$0
Mark VreemanEf Financial Officer$137,050
David BridgewaterBoard Chair / Secretary / Director$0
Samantha EricksonEf Operating Officer$198,994
...and 5 more key personnel

Financials for CHI

RevenuesFYE 12/2022
Total grants, contributions, etc.$503,178
Program services$4,273,207
Investment income and dividends$13,476
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$170,760
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$4,960,621

Form 990s for CHI

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-10990View PDF
2020-122021-11-15990View PDF
2019-122021-04-02990View PDF
2018-122020-02-12990View PDF
...and 9 more Form 990s
Data update history
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 1, 2024
Used new vendors
Identified 1 new vendor, including
September 27, 2023
Received grants
Identified 4 new grant, including a grant for $271,000 from NeighborWorks America
July 28, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Housing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesHousing
Characteristics
LobbyingOperates internationallyState / local levelReceives government fundingCommunity engagement / volunteeringTax deductible donations
General information
Address
328 Grand Ave
Spencer, IA 51301
Website URL
chihousing.com/ 
Phone
(712) 262-5965
IRS details
EIN
42-1416426
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1994
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L80: Housing Support Services
NAICS code, primary
62422: Community Housing Services
Parent/child status
Central organization
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