Coalition For Housing Opportunities Inc
- Assets
- $1.4m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 36
- Location
- Winchester, VA
- Founding
- 07/1992
- Data as of
- 12/2021
- EIN
- 20-0135668
Organization Overview
Coalition For Housing Opportunities Inc is located in Winchester, VA. The organization was established in 1992. According to its NTEE Classification (L01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Coalition For Housing Opportunities Inc employed 36 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Coalition For Housing Opportunities Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Coalition For Housing Opportunities Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION WAS ORGANIZED AND IS OPERATED EXCLUSIVELY AS A CHARITABLE ORGANIZATION TO ACQUIRE AND OPERATE A 20 BED ALZHEIMER FACILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
20 BED FACILITY FOR ALZHEIMERS PATIENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Sower Director | Trustee | 1 | $2,000 |
Wilbur G Dove President | OfficerTrustee | 20 | $0 |
Clare R Dove Secretary | OfficerTrustee | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $370,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $370,000 |
| Total Program Service Revenue | $446,108 |
| Investment income | $10 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,242,858 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $490,183 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $38,071 |
| Fees for services: Management | $45,994 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $31,310 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,764 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $87,000 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $53,290 |
| Insurance | $46,590 |
| All other expenses | $19,428 |
| Total functional expenses | $1,120,025 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $96,537 |
| Savings and temporary cash investments | $1,003 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $55,134 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,072 |
| Net Land, buildings, and equipment | $1,209,983 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,363,729 |
| Accounts payable and accrued expenses | $187,777 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,550,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $371,513 |
| Total liabilities | $2,109,290 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | -$745,561 |
| Total liabilities and net assets/fund balances | $1,363,729 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Coalition For Housing Opportunities Inc has recieved totaling $370,000.
| Awarding Organization | Amount |
|---|---|
Affordable Housing Corporation Winchester, VA PURPOSE: CHARITABLE | $370,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hudson Institute Inc Washington, DC | $103,422,402 | $23,200,201 |
National Multifamily Housing Council Washington, DC | $15,861,846 | $14,556,051 |
National Council Of State Housing Agencies Washington, DC | $16,728,436 | $4,863,246 |
Arda Resort Owners Coalition Washington, DC | $8,056,340 | $3,424,465 |
Home Building Association Of Richmond Richmond, VA | $4,565,404 | $1,552,331 |
National Housing Endowment A Nonprofit Corporation Washington, DC | $31,315,078 | $3,340,023 |
Coalition For Housing Opportunities Inc Winchester, VA | $1,363,729 | $1,242,858 |
The Affordable Housing Tax Credit Coalition Wahington, DC | $1,568,164 | $1,292,671 |
People For Better Housing Inc Federalsburg, MD | $2,677,151 | $843,041 |
Kinston Ecumenical Housing Corporation Kinston, NC | $735,422 | $335,257 |
Whitneystrong Inc Louisville, KY | $251,543 | $347,277 |
Our Place Nashville Nashville, TN | $263,748 | $400,032 |