nonprofit logo

Community Housing Initiative Inc

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

EIN: 853534267 ✦ Las vegas, NV ✦ Designated as a 501(c)(3)

Overview

What is Community Housing Initiative Inc?

Community Housing Initiative Inc, based in Las Vegas, Nevada, is a nonprofit organization that is dedicated to offering affordable housing solutions. They achieve this by managing rental properties and expanding their liquid assets through the sale of appreciated real estate properties. Recently, they have also received three properties as donations, which will be utilized for affordable housing rentals. Their mission is to provide stable and cost-effective housing options for low and moderate-income individuals residing in Phoenix, Arizona, and various metropolitan areas within the southwestern United States.


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: $0

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 is dedicated to fulfilling its mission of providing stable and affordable housing options for individuals with low and moderate income. This nonprofit organization aims to cater to this demographic within Phoenix, Arizona, and various metropolitan areas across the southwestern United States. By owning rental real estate properties, Community Housing Initiative Inc continuously offers affordable housing solutions to families in need. Furthermore, the organization has used the proceeds from selling appreciated rental properties to enhance its liquid assets, demonstrating its financial prudence and commitment to its cause. In addition, the nonprofit has received donations of three properties, which it plans to utilize for affordable housing rentals, further expanding its capacity to assist those in need.

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.




Wednesday, July 24, 2024

Community Housing Initiative Inc's impact can be seen through its dedication to providing stable and low-cost housing for low and moderate-income individuals within Phoenix, AZ, and the communities of Southwestern U.S. metro areas. By continuing to offer affordable housing to families through rental real estate properties the organization owns, it is actively addressing the pressing need for accessible housing options in these areas. Additionally, the organization's strategic decisions such as selling appreciated rental properties to increase liquid assets and receiving donations of properties for affordable housing rentals further showcase its commitment to serving the community. Through its mission of ensuring that individuals have access to affordable housing, Community Housing Initiative Inc is making a tangible difference in improving the quality of life for those in need.





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: $27,058
  • Program Service Revenue: $50,903
  • Gross Receipts: $820,687

    • Assets and Liabilities:
  • Total Assets: $4,472,299
  • Total Liabilities: $2,474,110
  • Net Assets: $1,998,189
  • Programs

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

    LOW-INC HOUSING RENT

    Revenue

    $45,527

    OTHER RENTAL REVENUE

    Revenue

    $2,694

    RESIDENT FEES

    Revenue

    $2,682

    Organization Details

    Founding Year

    2020

    Principal Officer

    Joy S Pollard

    Main Address

    3225 MCLEOD DR 100, LAS VEGAS, NV, 89121

    NTEE Category

    Code: L40 - 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.