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Crossroads Housing Development Corp

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

EIN: 752839932 ✦ Big spring, TX ✦ Designated as a 501(c)(3)

Overview

What is Crossroads Housing Development Corp?

Crossroads Housing Development Corp is a community-focused nonprofit organization located in Howard County, Texas. Their primary mission is to revitalize dilapidated or abandoned houses and sell them to low-income families and individuals, providing them with a stable living environment free from major renovation expenses for the initial five years. Through this initiative, Crossroads Housing Development Corp plays a crucial role in creating, managing, and developing affordable housing opportunities for citizens of Howard County and specific regions in Texas, including those west of US Highway 59. This commitment extends to assisting families in areas reflected in the TDHCA Map. With a team of dedicated employees, the organization strives to expand its reach and contribute to the well-being of its community members.


Official website here: www.chdctx.org

Is Crossroads Housing Development Corp legitimate?

Crossroads Housing Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Crossroads Housing Development Corp 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: $207,852
Professional Fundraising Fees: $0
Other Salaries and Wages: $79,450

For more financial information, click here


Official website here: www.chdctx.org

What is the mission statement of Crossroads Housing Development Corp?

Crossroads Housing Development Corp is a non-profit community housing organization dedicated to creating, managing, and developing affordable housing solutions. Its mission is to provide affordable housing opportunities for citizens in various regions, including Howard County and certain areas in the State of Texas, as specified in the TDHCA Map. The organization implements initiatives such as the Big Spring Works Program, which aims to revitalize rundown or abandoned houses, restore them, and sell them to low-income families or individuals with minimal upfront renovation expenses for the initial five years of ownership. This approach enables individuals and families to secure affordable housing, fostering stable communities.


Official website here: www.chdctx.org

Who is the CEO of Crossroads Housing Development Corp?

Stacy Swisher is the Executive Director Board Secretary of Crossroads Housing Development Corp.


Official website here: www.chdctx.org

What is the revenue of Crossroads Housing Development Corp?

Crossroads Housing Development Corp's revenue in 2022 was $20,296,232.


Official website here: www.chdctx.org

Who are the executives of Crossroads Housing Development Corp and what are their salaries?

The average compensation at Crossroads Housing Development Corp during 2022 was $57,460. There are 5 employees at Crossroads Housing Development Corp.

Here are 9 key members and their salaries:

    Stacy Swisher (Executive Director Board Secretary)
  • Compensation: $180,000
  • Related: $0
  • Other: $72,091

    • Linda Pryor (Deputy Director Starting May 2022)
  • Compensation: $16,538
  • Related: $0
  • Other: $0

    • Paul Pryor (Deputy Director Until May 2022)
  • Compensation: $10,947
  • Related: $0
  • Other: $0

    • Clifton Talbot (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Raul J Marquez (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Margarito Yanez Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rickey Stone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Troy Tompkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.chdctx.org

    Where can I find the form 990 for Crossroads Housing Development Corp?

    The Crossroads Housing Development Corp’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.chdctx.org

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

    Mission Statement of Crossroads Housing Development Corp

    Crossroads Housing Development Corp, a community housing development organization, is dedicated to assisting in the creation, management, and development of affordable housing for citizens in Howard County and various areas in Texas and regions 4, 5, 6, and 11. The mission of Crossroads Housing Development Corp is to transform rundown or abandoned houses into livable homes for low-income families and individuals, providing them with a stable environment free from major renovation expenses for the initial five years of ownership. By renovating these houses, Crossroads Housing Development Corp aims to contribute to the betterment of communities and help individuals and families in need of affordable housing. The organization's efforts extend beyond just providing a roof over their heads, as it strives to improve the living conditions for those it serves and promote sustainable, long-term growth within the communities it operates in.

    Impact

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




    Thursday, August 15, 2024

    Crossroads Housing Development Corp's impact is significant in providing affordable housing solutions to citizens of Howard County, its contiguous counties, and specific regions in Texas. Through initiatives like the Big Spring Works Program, the organization acquires and renovates rundown or abandoned houses, ensuring that future homeowners do not face major renovation expenses for the first five years of ownership. By selling these homes to low-income families or individuals, Crossroads Housing Development Corp is actively addressing the issue of housing affordability in the community it serves.





    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: $4,026
  • Program Service Revenue: $20,289,919
  • Gross Receipts: $20,296,232

    • Assets and Liabilities:
  • Total Assets: $1,389,817
  • Total Liabilities: $49,769
  • Net Assets: $1,340,048
  • Programs

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

    General contractor fees-LIHTC

    Revenue

    $19,643,311

    Contractor developer service fees

    Revenue

    $646,608

    Organization Details

    Founding Year

    1999

    Principal Officer

    Stacy Swisher

    Main Address

    PO Box 1042, BIG SPRING, TX, 79721

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Crossroads Housing Development Corp 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.