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Contemporary Housing Alternatives Of Florida Inc

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

EIN: 593118700 ✦ Clearwater, FL ✦ Designated as a 501(c)(3)

Overview

What is Contemporary Housing Alternatives Of Florida Inc?

Contemporary Housing Alternatives Of Florida Inc, based in Clearwater, Florida, is a designated Community Housing Development Organization by Pinellas County's Community Development and Housing Division. Their primary mission is to promote urban revitalization by providing affordable, vibrant, multi-family housing for low- and moderate-income individuals and families. They currently manage over 600 rental units in various stages of development or rehabilitation, with several new projects in the acquisition or planning stages. With a focus on quality affordable housing, their mission extends beyond providing homes; they strive to improve the livelihoods of their residents in Pinellas County. As of now, they employ a team of 32 individuals to fulfill this mission.


Official website here: www.chafproperties.com

Is Contemporary Housing Alternatives Of Florida Inc legitimate?

Contemporary Housing Alternatives Of Florida Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Contemporary Housing Alternatives Of Florida 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: $213,572
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,007,248

For more financial information, click here


Official website here: www.chafproperties.com

What is the mission statement of Contemporary Housing Alternatives Of Florida Inc?

Contemporary Housing Alternatives of Florida Inc's mission is centered around revitalizing urban areas by providing affordable and vibrant housing options for low- and moderate-income individuals and families. The organization offers rental units at or below market rates, catering to those who qualify. Designated as a Community Housing Development Organization, Contemporary Housing Alternatives is committed to developing affordable rental units in their local community, Pinellas County. Currently, they have over six hundred units occupied or in various stages of development or rehabilitation, with several new projects in the acquisition or planning stages.


Official website here: www.chafproperties.com

Who is the CEO of Contemporary Housing Alternatives Of Florida Inc?

Tracy L Mater is the Chairman of Contemporary Housing Alternatives Of Florida Inc.


Official website here: www.chafproperties.com

What is the revenue of Contemporary Housing Alternatives Of Florida Inc?

Contemporary Housing Alternatives Of Florida Inc's revenue in 2022 was $6,937,932.


Official website here: www.chafproperties.com

Who are the executives of Contemporary Housing Alternatives Of Florida Inc and what are their salaries?

The average compensation at Contemporary Housing Alternatives Of Florida Inc during 2022 was $38,151. There are 32 employees at Contemporary Housing Alternatives Of Florida Inc.

Here are 10 key members and their salaries:

    Tracy Mater (President (7/4/22-12/31/22))
  • Compensation: $102,159
  • Related: $0
  • Other: $13,844

    • Joseph T Lettelleir (Past President (Thru 7/4/22))
  • Compensation: $91,260
  • Related: $0
  • Other: $3,909

    • Margo Adams-Reid (Director)
  • Compensation: $400
  • Related: $0
  • Other: $0

    • Brent Mclean (Director)
  • Compensation: $400
  • Related: $0
  • Other: $0

    • Vilencia Turner (Director)
  • Compensation: $400
  • Related: $0
  • Other: $0

    • Edwina Maxwell (Director)
  • Compensation: $400
  • Related: $0
  • Other: $0

    • John Erik Savitsky (Vice Chairman) [Trustee/Director]
  • Compensation: $300
  • Related: $0
  • Other: $0

    • Taylor Montgomery (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $300
  • Related: $0
  • Other: $0

    • Don Bogue (Chairman) [Trustee/Director]
  • Compensation: $200
  • Related: $0
  • Other: $0

    • Mark Lettelleir (Director (11/1/22-12/31/22))
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.chafproperties.com

    Where can I find the form 990 for Contemporary Housing Alternatives Of Florida Inc?

    The Contemporary Housing Alternatives Of Florida Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.chafproperties.com

    Learn more at the official website: www.chafproperties.com

    Mission Statement of Contemporary Housing Alternatives Of Florida Inc

    Contemporary Housing Alternatives of Florida Inc is dedicated to revitalizing urban areas by offering affordable and vibrant multi-family housing units to low- and moderate-income individuals and families. Their mission is centered around providing a living space that promotes community, and they achieve this by offering rental units at or below market rates to those who qualify. As a designated Community Housing Development Organization by the Community Development and Housing Division of Pinellas County, Contemporary Housing Alternatives of Florida Inc is actively involved in the development of affordable rental units in the county. Currently, the organization manages over six hundred units, with several new projects in the acquisition or planning stages.

    Impact

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




    Saturday, July 20, 2024

    Contemporary Housing Alternatives Of Florida Inc's impact lies in its commitment to providing quality affordable housing for low- and moderate-income persons in Pinellas County, Florida. With over six hundred units currently occupied or in various stages of development and rehabilitation, the organization plays a crucial role in addressing the housing needs of individuals and families in the community. By offering rental units at or below market rates, Contemporary Housing Alternatives Of Florida Inc contributes to urban revitalization efforts and helps improve the living conditions of those who qualify for their housing programs.





    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: $57,007
  • Program Service Revenue: $6,130,925
  • Gross Receipts: $8,094,320

    • Assets and Liabilities:
  • Total Assets: $43,380,741
  • Total Liabilities: $46,933,377
  • Net Assets: -$3,552,636
  • Programs

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

    RENTAL INCOME

    Revenue

    $6,063,277

    TENANT FEES

    Revenue

    $104,325

    MANAGEMENT FEES

    Revenue

    $17,861

    HOUSING PARTNERSHIP

    Revenue

    $-54,538

    Organization Details

    Founding Year

    1992

    Principal Officer

    Tracy L Mater

    Main Address

    5345 LAUREL PLACE, CLEARWATER, FL, 33760

    NTEE Category

    Code: L21 - Housing

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