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Community Housing Initiative Inc

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

EIN: 352036890 ✦ Whitestown, IN ✦ Designated as a 501(c)(3)

Overview

What is Community Housing Initiative Inc?

Community Housing Initiative Inc is a nonprofit organization, recognized as a public benefit corporation, dedicated to fulfilling charitable and educational purposes in accordance with Section 501(c)(3) of the Internal Revenue Code. Their primary mission is to provide affordable housing for low-income and moderate-income individuals. To achieve this goal, they have entered into a contract with the U.S. Department of Agriculture's Rural Development, which subsidizes six apartment complexes located in Indiana and Arizona. Community Housing Initiative Inc is committed to promoting research, programs, and studies related to housing and urban development, aiming to enhance living conditions for their target demographic.


Is Community Housing Initiative Inc legitimate?

Community Housing Initiative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Housing Initiative Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $143,546

For more financial information, click here


What is the mission statement of Community Housing Initiative Inc?
Who is the CEO of Community Housing Initiative Inc?
What is the revenue of Community Housing Initiative Inc?
Who are the executives of Community Housing Initiative Inc and what are their salaries?
Where can I find the form 990 for Community Housing Initiative Inc?

Mission Statement of Community Housing Initiative Inc

Community Housing Initiative Inc, a nonprofit organization, is dedicated to promoting scientific, educational, and charitable purposes in accordance with Section 501(c)(3) of the Internal Revenue Code. Their primary focus is to provide decent and affordable housing for low-income and moderate-income individuals. In line with these goals, Community Housing Initiative engages in research, programs, and studies related to housing and urban development. Acting as a public benefit corporation, the organization is committed to contributing positively to its community by facilitating access to affordable housing and conducting relevant studies in the field.

Impact

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




Thursday, August 15, 2024

Community Housing Initiative Inc's impact is significant in providing affordable housing for low-income elderly and disabled individuals. Through its six apartment complexes in Indiana and Arizona, the organization fulfills its mission to promote decent housing that is accessible to those in need. By subsidizing housing through a contract with the U.S. Department of Agriculture Rural Development, Community Housing Initiative Inc helps to address the critical issue of housing affordability for vulnerable populations. Their work contributes to creating a more inclusive and supportive community for those who require assistance in securing housing options.





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: $20
  • Program Service Revenue: $433,360
  • Gross Receipts: $901,699

    • Assets and Liabilities:
  • Total Assets: $1,881,753
  • Total Liabilities: $3,125,223
  • Net Assets: -$1,243,470
  • Programs

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

    TENANT RENT AND CHARGE

    Revenue

    $433,360

    Organization Details

    Founding Year

    1998

    Principal Officer

    Mitchell L Walters

    Main Address

    8 SOUTH MAIN STREET SUITE 101, WHITESTOWN, IN, 46075

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Community Housing Initiative Inc 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.