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Community Resources And Housing Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237102834 ✦ Westminster, CO ✦ Designated as a 501(c)(3)

Overview

What is Community Resources And Housing Development Corporation?

Community Resources and Housing Development Corporation is a nonprofit organization based in Westminster, Colorado, specifically at 7305 Lowell Blvd STE 200. Their primary focus is on asset management, overseeing both affordable rental apartments and commercial properties across Colorado. The organization's mission is to create opportunities for homeownership and asset building for low-to-moderate income communities throughout the state. They strive to provide valuable pathways towards homeownership, benefiting these communities significantly. With a workforce of 52 employees, Community Resources and Housing Development Corporation plays a crucial role in Colorado's housing sector.


Official website here: www.crhdc.org

Is Community Resources And Housing Development Corporation legitimate?

Community Resources And Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Resources And Housing Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $137,627
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,414,151

For more financial information, click here


Official website here: www.crhdc.org

What is the mission statement of Community Resources And Housing Development Corporation?

The Community Resources and Housing Development Corporation's mission is centered around providing avenues to home ownership and asset building opportunities for low-to-moderate income communities across Colorado. This non-profit organization strives to create pathways that contribute positively to these communities. In addition to this, the corporation manages both affordable rental apartments and commercial properties across the state, showcasing its involvement in asset management.


Official website here: www.crhdc.org

Who is the CEO of Community Resources And Housing Development Corporation?

Arturo Alvarado is the President of Community Resources And Housing Development Corporation.


Official website here: www.crhdc.org

What is the revenue of Community Resources And Housing Development Corporation?

Community Resources And Housing Development Corporation's revenue in 2022 was $6,041,584.


Official website here: www.crhdc.org

Who are the executives of Community Resources And Housing Development Corporation and what are their salaries?

The average compensation at Community Resources And Housing Development Corporation during 2022 was $29,842. There are 52 employees and 22 volunteers at Community Resources And Housing Development Corporation.

Here are 14 key members and their salaries:

    Arturo Alvarado (Executive Di)
  • Compensation: $127,992
  • Related: $0
  • Other: $6,596

    • Curtis Schneider (Dir. Of Acct)
  • Compensation: $116,465
  • Related: $0
  • Other: $12,512

    • Stephanie Tedy (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lauren Hornett (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • G Lavon Sonne (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Abella Navarro (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sue Beck-Ferkiss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Berry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Belia Casillas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Al Gold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Hall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Grace Huerta Lucero (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Monique Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joann Sandoval (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.crhdc.org

    Where can I find the form 990 for Community Resources And Housing Development Corporation?

    The Community Resources And Housing Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.crhdc.org

    Learn more at the official website: www.crhdc.org

    Mission Statement of Community Resources And Housing Development Corporation

    Community Resources and Housing Development Corporation, often abbreviated as CRHDC, is committed to creating opportunities for asset building and providing a pathway to home for low-to-moderate income communities across Colorado. The organization's mission is to positively impact these communities by offering various asset management services. Specifically, CRHDC manages both affordable rental apartments and commercial properties across the state to ensure that residents have access to quality housing options. By focusing on asset management, CRHDC aims to contribute to the overall well-being and financial stability of its target communities, ultimately enhancing their quality of life.

    Impact

    This information is meant to be a general summary of Community Resources And Housing Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Community Resources And Housing Development Corporation's impact is significant in providing pathways to home and asset building opportunities for low-to-moderate income communities throughout Colorado. Their focus on asset management includes the management of both affordable rental apartments and commercial properties across the state. By offering these services, the organization plays a crucial role in supporting individuals and families in securing stable housing and financial stability, ultimately contributing to the overall well-being of the communities they serve.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $395,658
  • Program Service Revenue: $2,809,528
  • Gross Receipts: $6,647,187

    • Assets and Liabilities:
  • Total Assets: $39,546,722
  • Total Liabilities: $19,413,319
  • Net Assets: $20,133,403
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENT - LOW INCOME HOUSING

    Revenue

    $1,877,355

    INDIRECT REVENUE

    Revenue

    $262,022

    MANAGEMENT FEES

    Revenue

    $257,077

    LENDING FEES

    Revenue

    $240,347

    FEE INCOME

    Revenue

    $128,307

    Organization Details

    Founding Year

    1971

    Principal Officer

    Arturo Alvarado

    Main Address

    7305 LOWELL BLVD STE 200, WESTMINSTER, CO, 80030

    NTEE Category

    Code: L21Z - Housing

    If you are a representative of Community Resources And Housing Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.