Chatham Housing Authority is located in Chatham, MI. The organization was established in 1989. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chatham Housing Authority 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 12/2023, Chatham Housing Authority generated $107.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $95.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
OWN AND OPERATE A 12 UNIT MULTI-FAMILY HOUSING UNIT. RENTAL ASSISTANCE IS PROVIDED TO TENANTS WHO MEET PROGRAM REQUIREMENTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wilma Hill President | 1 | $0 | |
Cindy Kallio Vice Preside | 1 | $0 | |
Gina Maki Secretary/tr | 1 | $0 | |
Beverly Parkinson Director | 0.5 | $0 | |
Rhonda Seppanen Director | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $107,500 |
| Membership dues | $0 |
| Investment income | $101 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $107,601 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $26,407 |
| Occupancy, rent, utilities, and maintenance | $54,504 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,788 |
| Total expenses | $95,699 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,272 |
| Other assets | $0 |
| Total assets | $144,111 |
| Total liabilities | $349,248 |
| Net assets or fund balances | -$205,137 |