Chenango Housing Improvement Program Inc

The information for Chenango Housing Improvement Program Inc is as of the organization's most recent filing in December '21. This organization is located in Norwich, NY. It has been in existence for 46 years, following its founding in 1975.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Chenango Housing Improvement Program Inc's NTEE code is L20. The "L" tells us that the organization is classified along with Housing & Shelter. The "20" tells us that the organization is involved in Housing Development, Construction & Management. The NTEE describes organizations in this category as those that build, rehabilitate, manage, and/or provide rental housing for low-income individuals and families, older adults, and people with disabilities. They may also make purchasable housing available to low or moderate-income families through various means such as lower-priced housing, affordable payment plans, interest or mortgage subsidies, or involving eventual owners in the construction process through sweat equity. The organization's mission is to create, provide, and maintain housing for elderly and low-income families.

Program Areas

To provide housing to elderly or low-income families, the organization offers multiple family units. This program area falls within the general fund, where all revenues, support, and functional expenses that are not specifically reported by another fund or program are reported.

Organization Staffing

Chenango Housing Improvement Program Inc is run by Rose M Oliver, who serves as the Executive Director. The organization has a small labor force, with only 12 employees. None of the employees are paid over $100k per year. Additionally, the organization relies on the support of 6 volunteers to carry out its mission.

Board Governance

Chenango Housing Improvement Program Inc (CHIP) appears to be well-governed based on the information provided. The organization has 6 voting members, all of whom are independent, indicating a diverse and unbiased decision-making process. The absence of potential conflicts of interest further strengthens the organization's governance structure. The fact that CHIP has not delegated management to an outside firm suggests that the organization maintains direct control over its operations, allowing for better oversight and accountability. Additionally, the documentation of both board and committee meetings indicates a commitment to transparency and record-keeping. The presence of a conflict of interest policy, as well as the requirement for disclosure of conflicts, demonstrates CHIP's dedication to addressing potential conflicts and ensuring the best interests of the organization. The organization also has written whistleblower and document retention policies in place, further emphasizing its commitment to ethical practices and accountability. Furthermore, the substantiation and review of leadership salaries, along with the provision of copies of the 990 to the board prior to filing, indicate a commitment to financial transparency and responsible use of resources. Overall, based on the information provided, Chenango Housing Improvement Program Inc appears to be well-governed, with strong policies and practices in place to ensure transparency, accountability, and ethical conduct.

Organization Growth

The Chenango Housing Improvement Program Inc, a nonprofit organization, has experienced a decrease in various aspects over the given time period. Contributions and grants received decreased from $259.9K in 2015 to $205.0K in 2021. Program service revenue also decreased from $776.7K in 2015 to $655.3K in 2021. Other revenue decreased from $142.1K in 2015 to $98.3K in 2021. Total revenue decreased from $1.2M in 2015 to $958.7K in 2021. Employee salaries decreased from $302.4K in 2015 to $258.3K in 2021. Total expenses decreased from $1.2M in 2015 to $917.7K in 2021. Additionally, the total number of employees decreased from 16 in 2015 to 12 in 2021, and the total number of volunteers decreased from 7 in 2015 to 6 in 2021. Overall, the nonprofit organization has experienced a decline in various aspects over the given time period.