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Chn Housing Partners

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

EIN: 341346763 ✦ Cleveland, OH ✦ Designated as a 501(c)(3)

Overview

What is Chn Housing Partners?

Chn Housing Partners is a renowned nonprofit organization based in Cleveland, Ohio, with a workforce of 272 employees. They specialize in housing development, property management, and sales. As the nation's largest single-family developer using Low Income Housing Tax Credits, they have an impressive track record in Ohio, Southeastern Michigan, Western New York, and Western Pennsylvania. Leveraging mixed funding sources, they create affordable housing units across various asset classes and populations. Chn Housing Partners collaborate with sister nonprofits and public entities to implement neighborhood strategies. Their core principles include affordability, sustainability, and homeownership. In 2022, they completed development on 271 green affordable housing units and sold 110 homes to low-income families through their Lease Purchase Program. Additionally, they served 36 homeowners with their Single Family Preservation Program. Their mission is to transform lives and improve communities by harnessing the power of affordable, stable housing.


Official website here: www.chnhousingpartners.org

Is Chn Housing Partners legitimate?

Chn Housing Partners is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chn Housing Partners 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: $1,283,772
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,203,530

For more financial information, click here


Official website here: www.chnhousingpartners.org

What is the mission statement of Chn Housing Partners?

Chn Housing Partners is dedicated to making a positive impact on lives and communities through the provision of affordable housing. Leveraging the power of stable housing, the organization strives to improve living conditions and promote sustainable growth. As a skilled affordable housing developer, Chn Housing Partners works across various populations and funding sources, developing properties through a mix of programs. The organization's mission is grounded in the principles of affordability, sustainability, and homeownership. In the year 2022, Chn Housing Partners completed the development of 271 affordable housing units and sold 110 homes to families in need of homeownership through their Lease Purchase Program. Furthermore, they served 36 homeowners via their Single Family Preservation Program.


Official website here: www.chnhousingpartners.org

Who is the CEO of Chn Housing Partners?

Kevin J Nowak is the Trustee/President of Chn Housing Partners. The CEO's salary of Chn Housing Partners is $240,504 and their total compensation is $295,723.


Official website here: www.chnhousingpartners.org

What is the revenue of Chn Housing Partners?

Chn Housing Partners's revenue in 2022 was $96,765,615.


Official website here: www.chnhousingpartners.org

Who are the executives of Chn Housing Partners and what are their salaries?

The average compensation at Chn Housing Partners during 2022 was $60,615. There are 272 employees and 207 volunteers at Chn Housing Partners.

Here are 31 key members and their salaries (Chn Housing Partners's CEO's salary is $240,504 and their total compensation is $295,723):

    Kevin J Nowak (President And Ceo)
  • Compensation: $240,504
  • Related: $0
  • Other: $55,219

    • Mary Smigelski (Chief Financial Officer)
  • Compensation: $207,121
  • Related: $0
  • Other: $43,223

    • Mark Whipkey (Chief Of Asset Management)
  • Compensation: $191,744
  • Related: $0
  • Other: $51,578

    • Janet Reed-James (Chief Human Resource Officer)
  • Compensation: $170,088
  • Related: $0
  • Other: $55,508

    • Patrick Kenney (Chief Operating Officer)
  • Compensation: $186,079
  • Related: $0
  • Other: $31,399

    • Joe Hall (Vice President/Real Estate Development)
  • Compensation: $158,880
  • Related: $0
  • Other: $37,464

    • Jason Headen (Vice President/Detroit Market)
  • Compensation: $149,854
  • Related: $0
  • Other: $8,743

    • Dana Arrington (Director Of Homeownership)
  • Compensation: $132,789
  • Related: $0
  • Other: $23,685

    • Peggy Melnick (Director/Network Finance)
  • Compensation: $120,179
  • Related: $0
  • Other: $22,692

    • John Miller (Chief Implementation Officer)
  • Compensation: $40,776
  • Related: $0
  • Other: $10,532

    • Chris Warren (Trustee/President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carolynn Galloway (Trustee/Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sahnara Hendrix-Arney (Trustee/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Poznik (Trustee/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Caroline Peak (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cathryn Greenwald (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Last (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Roney (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denise Casino (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Sardon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Palda (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathy Hexter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Krume Stojanovski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Loretta Hunter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Sering (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Griffin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nick Disanto (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Meisel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Jimmy Gates Sr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Seronica Powell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tearra Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.chnhousingpartners.org

    Where can I find the form 990 for Chn Housing Partners?

    The Chn Housing Partners’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.chnhousingpartners.org

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

    Mission Statement of Chn Housing Partners

    Chn Housing Partners, a renowned nonprofit organization, is on a mission to harness the transformative power of affordable housing to enhance lives and revitalize communities. By providing stable and reasonably priced homes, the organization aims to create an enduring impact on individuals and their surroundings.

    The innovative approach of Chn Housing Partners lies in its expertise in affordable housing development, property management, and sales. Operating as a recognized leader in the field, the organization utilizes Low Income Housing Tax Credits to fund its projects and help those in need of affordable housing. Chn Housing Partners is committed to serving diverse populations and asset classes in Ohio, Southeastern Michigan, Western New York, and Western Pennsylvania.

    To further strengthen its influence, the nonprofit collaborates with sister nonprofits and public entities to implement community strategies. Core principles of affordability, sustainability, and homeownership guide Chn Housing Partners' efforts. In 2022, the organization completed the development of 271 affordable housing units and sold 110 homes to low-income families, offering them the opportunity to achieve homeownership through the Lease Purchase Program. Additionally, 36 homeowners received support from the Single Family Preservation Program. Chn Housing Partners' unwavering dedication to improving lives and communities continues to make a profound difference.

    Impact

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




    Thursday, August 15, 2024

    Chn Housing Partners leverages the power of affordable housing to change lives and improve communities. They are a seasoned affordable housing developer and the nation's largest single-family developer using low-income housing tax credits. In 2022, Chn completed the development of 271 green affordable housing units and sold 110 homes to low-income families through their lease purchase program. They also served 36 homeowners with their single-family preservation program. Chn's core principles of affordability, sustainability, and homeownership have had a tangible impact on the communities they serve in Ohio, Southeast Michigan, Western New York, and Western Pennsylvania.





    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: $716,585
  • Program Service Revenue: $19,135,208
  • Gross Receipts: $97,712,685

    • Assets and Liabilities:
  • Total Assets: $94,453,168
  • Total Liabilities: $63,637,373
  • Net Assets: $30,815,795
  • Programs

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

    MANAGEMENT FEES - AFFILIATED ENTI

    Revenue

    $15,951,670

    RENTAL INCOME

    Revenue

    $2,058,109

    MAINTENANCE SERVICES - AFFILIATED

    Revenue

    $1,125,429

    Organization Details

    Founding Year

    1981

    Principal Officer

    Kevin J Nowak

    Main Address

    2999 PAYNE AVENUE 134, CLEVELAND, OH, 44114

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Chn Housing Partners 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.