Central Delaware Hfh

Organization Overview

Central Delaware Hfh is located in Dover, DE. The organization was established in 2010. 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 12/2021, Central Delaware Hfh employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Delaware Hfh 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, Central Delaware Hfh generated $2.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 5.1% 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEEKING TO PUT GOD'S LOVE INTO ACTION, CDHFH BRINGS PEOPLE TOGETHER TO BUILD AFFORDABLE HOMES, COMMUNITIES, AND HOPE.

Describe the Organization's Program Activity:

IN 2021, THREE LOW-INCOME FAMILIES ACHIEVED HOMEOWNERSHIP THROUGH CDHFH'S HOUSING PROGRAM AND THREE WERE IN PROCESS AT YEAR END. THESE HOMES WERE BUILT IN PARTNERSHIP WITH THE FUTURE HOMEOWNER EARNING THEIR SWEAT EQUITY HOURS, BUT ALSO IN PARTNERSHIP WITH THE KENT COUNTY COMMUNITY TO PROVIDE VOLUNTEER LABOR AND FINANCIAL SUPPORT. CDHFH'S PROGRAM IS CONSIDERED "A HAND UP, NOT A HAND OUT." SEE SCHEDULE O FOR ADDITIONAL INFORMATION ON OUR PROGRAM. CONSTRUCTED HOMES ARE SOLD TO THE SELECTED FAMILIES AT COST WITH A ZERO PERCENT INTEREST MORTGAGE. MORTGAGE PAYMENTS ARE THEN PAID TO CDHFH TO CONTINUE TO HELP FUND FUTURE HOMES.


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Board, Officers & Key Employees

Name (title)Compensation
Bryan Hudson
Treasurer
$0
Katrina Sullivan
President
$0
Frank Daniels
Board Member
$0
Donna Kiscaden
Vice Preside
$0
Jessica Jackson
Asst Secreta
$0
Janie Libby
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $228,540
All other contributions, gifts, grants, and similar amounts not included above$1,040,234
Noncash contributions included in lines 1a–1f $7,151
Total Revenue from Contributions, Gifts, Grants & Similar$1,268,774
Total Program Service Revenue$1,097,606
Investment income $2,789
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $22,212
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $77,914
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,534,217

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Central Delaware Hfh has recieved totaling $53,834.

Awarding OrganizationAmount
Habitat For Humanity International Inc

Americus, GA

PURPOSE: AFFORDABLE HOUSING

$41,834
Greater Cincinnati Foundation

Cincinnati, OH

PURPOSE: GENERAL PURPOSE

$10,000
Palmer Home Inc

Dover, DE

PURPOSE: BENEFIT ELDERLY

$2,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$26,435
Earnings$2,844
Admin Expense$400
Ending Balance$28,879

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