Community Housing Advocacy And Development
- Assets
- $43.6m
- Revenue
- $7.3m
- Investments
- $1.6m
- Employees
- 15
- Location
- Wheaton, IL
- Founding
- 12/1984
- Data as of
- 09/2022
- EIN
- 36-3246645
Organization Overview
Community Housing Advocacy And Development is located in Wheaton, IL. The organization was established in 1984. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 09/2022, Community Housing Advocacy And Development employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Housing Advocacy And Development 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 09/2022, Community Housing Advocacy And Development generated $7.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $6.9m during the year ending 09/2022. While expenses have increased by 6.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CHAD IS COMMITTED TO DELIVERING QUALITY, AFFORDABLE HOUSING WHERE INDIVIDUALS AND FAMILIES CAN LIVE, WORK AND THRIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHAD SAVES RESIDENTS OVER $1,500,000 ANNUALLY BY PROVIDING BELOW MARKET RATE RENTAL HOUSING TO OVER 1,200 PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Loch President | Officer | 40 | $152,376 |
John Ware Director Of Facilities | 40 | $100,122 | |
William Hassett Vice Chair | OfficerTrustee | 2 | $0 |
Nancy Singer Chairperson | OfficerTrustee | 2 | $0 |
Ruth Carlson Treasurer | OfficerTrustee | 2 | $0 |
Mellody Edwards Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,725 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,725 |
| Total Program Service Revenue | $6,814,515 |
| Investment income | $304 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $421,670 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,307,138 |
| 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. | $205,089 |
| Compensation of current officers, directors, key employees. | $19,296 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,016,595 |
| Pension plan accruals and contributions | $24,707 |
| Other employee benefits | $20,615 |
| Payroll taxes | $84,284 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $89,676 |
| Fees for services: Accounting | $30,598 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,269 |
| Advertising and promotion | $0 |
| Office expenses | $55,187 |
| Information technology | $8,331 |
| Royalties | $0 |
| Occupancy | $1,661,608 |
| Travel | $6,402 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,536 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,196,860 |
| Insurance | $17,936 |
| All other expenses | $37,340 |
| Total functional expenses | $6,908,477 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,240,146 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $105,114 |
| 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 | $44,963 |
| Net Land, buildings, and equipment | $39,099,631 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,607,895 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $454,005 |
| Total assets | $43,551,754 |
| Accounts payable and accrued expenses | $286,205 |
| Grants payable | $0 |
| Deferred revenue | $116,214 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $534,423 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $18,388,462 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $19,325,304 |
| Net assets without donor restrictions | $24,226,450 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $43,551,754 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Community Housing Advocacy And Development has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North East Community Action Corporation Bowling Green, MO | $19,489,309 | $16,722,475 |
Affordable Housing Development Fund Inc Rockford, IL | $87,465,066 | $18,557,415 |
Chicago Low Income Housing Trust Fund Chicago, IL | $68,435,328 | $24,410,244 |
Interfaith Housing Development Corporation Of Chicago Chicago, IL | $13,790,371 | $15,355,980 |
European American Association Chicago, IL | $18,209,689 | $14,984,488 |
Milwaukee Habitat For Humanity Milwaukee, WI | $24,987,795 | $20,382,762 |
Hispanic Housing Development Corp Chicago, IL | $88,735,655 | $15,154,061 |
Habitat For Humanity International Inc Des Moines, IA | $24,118,438 | $12,529,342 |
Residential Options Inc Alton, IL | $11,785,898 | $11,284,358 |
Habitat For Humanity International Inc Indianapolis, IN | $27,221,776 | $14,208,425 |
Oak Park Residence Corp Oak Park, IL | $43,726,959 | $10,429,189 |
Affordable Housing Partners Inc Carmel, IN | $150,650,716 | $9,214,618 |