Overview
What is Community Housing Initiative Inc?
Community Housing Initiative Inc., based in Melbourne, Florida, is a nonprofit organization dedicated to providing affordable housing for low-income families. They have developed and operate Willow Brook Village Apartments, offering 24 two-bedroom and 32 three-bedroom units. The company also prioritizes the well-being of its residents by providing various supportive programs, such as budgeting and finance counseling, credit counseling, home maintenance assistance, and affordable daycare coordination. In addition, Community Housing Initiative Inc. offers homeownership opportunities for their residents, allowing them to use a portion of their rent towards a down payment. As a not-for-profit charitable development corporation, their mission is to improve the quality of life for the less fortunate and foster strong relationships within the communities they serve. They strive to increase public awareness of the need for affordable housing and work collaboratively with existing service organizations.
Official website here: www.chibrevard.org
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: $111,855
Professional Fundraising Fees: $0
Other Salaries and Wages: $149,887
For more financial information, click here
Official website here: www.chibrevard.org
What is the mission statement of Community Housing Initiative Inc?
Community Housing Initiative Inc., as a not-for-profit charitable development corporation, is dedicated to providing affordable housing for households with very low, low, and moderate incomes. Their mission is to enhance the quality of life for these households and strengthen their relationships with existing service organizations in the communities they serve. The initiative also seeks to educate communities, aiming to increase public awareness of the importance of affordable housing.
Official website here: www.chibrevard.org
Who is the CEO of Community Housing Initiative Inc?
Nicole Tenpenny is the Treasurer of Community Housing Initiative Inc.
Official website here: www.chibrevard.org
What is the revenue of Community Housing Initiative Inc?
Community Housing Initiative Inc's revenue in 2023 was $1,522,185.
Official website here: www.chibrevard.org
Who are the executives of Community Housing Initiative Inc and what are their salaries?
The average compensation at Community Housing Initiative Inc during 2023 was $43,624. There are 6 employees and 6 volunteers at Community Housing Initiative Inc.
Here are 7 key members and their salaries:
- Nicole Tenpenny (President/Executive Direct)
- Loretta Williams (Treasurer) [Trustee/Director]
- Donna Browning (Secretary) [Trustee/Director]
- Tina Johns (Chairperson) [Trustee/Director]
- Marilyn Mcandrew (Vice Chair) [Trustee/Director]
- Dee Hussey (Board Member) [Trustee/Director]
- Mack Jackson (Board Member) [Trustee/Director]
Official website here: www.chibrevard.org
Where can I find the form 990 for Community Housing Initiative Inc?
The Community Housing Initiative Inc’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.chibrevard.org
Learn more at the official website: www.chibrevard.org
Mission Statement of Community Housing Initiative Inc
Community Housing Initiative Inc, a not-for-profit charitable development corporation, is dedicated to providing affordable housing for very low, low, and moderate-income households. Their mission is multifaceted, aiming not only to provide shelter but also to enhance the quality of life for these families. They strive to build strong relationships with existing service organizations within the communities they serve. Moreover, the initiative is committed to educating communities about the importance of affordable housing and increasing public awareness on the subject. By doing so, they aim to contribute to a more inclusive and equitable living environment for all.
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.
Saturday, July 20, 2024
Community Housing Initiative Inc's impact is significant in the city of Melbourne, FL. Through the development and operation of Willow Brook Village Apartments, the organization provides affordable housing solutions to very low, low, and moderate-income households. This not-for-profit charitable development corporation not only offers housing units but also provides a range of programs to support residents, including budgeting and finance counseling, credit counseling, home maintenance support, and affordable daycare coordination. Furthermore, Community Housing Initiative Inc offers residents the opportunity to transition to homeownership by allowing them to qualify a portion of their rent towards a down payment. By focusing on improving the quality of life and building strong community relationships, the organization plays a vital role in promoting public awareness of the need for affordable housing and contributing to community improvement efforts.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$614,555
OTHER PROGRAM FEES
Revenue
$260,693
COMMUNITY REINVESTMENTS
Revenue
$132,438
CDHO - COCOA
Revenue
$86,491
Organization Details
Founding Year
1992
Phone
(321) 253-0053
Principal Officer
Nicole Tenpenny
Main Address
PO BOX 410522, MELBOURNE, FL, 329410522
Website
www.chibrevard.org
NTEE Category
Code: S21Z - Community improvement
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.