Chase Home Inc
- Assets
- $9.6m
- Revenue
- $1.0m
- Investments
- $8.4m
- Employees
- 0
- Location
- Annapolis, MD
- Founding
- 01/1945
- Data as of
- 12/2021
- EIN
- 52-0613676
Organization Overview
Chase Home Inc is located in Annapolis, MD. The organization was established in 1945. 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. Chase Home 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, Chase Home Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $601.7k during the year ending 12/2021. While expenses have increased by 1.5% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHASE HOME SUPPORTS WOMEN TO OVERCOME HARDSHIPS, ACHIEVE STABILITY AND HAVE SAFE HOUSING; AND UTILIZE THE CHASE-LLOYD HOUSE TO SUPPORT THIS MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather East Executive Director | 40 | $90,571 | |
Jan Scopel Grounds Maintenance | 50 | $78,677 | |
David Michaels Home And Program Man | 40 | $61,788 | |
Bishop Eugene Sutton Chairman | 0 | $0 | |
Nancy Clagett President | 0 | $0 | |
Stephen Esmacher Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $32,490 |
| Interest on Savings | $48 |
| Dividends & Interest | $136,233 |
| Net Rental Income | $25,200 |
| Net Gain on Sale of Assets | $844,639 |
| Capital Gain Net Income | $844,639 |
| Net ST Capital Gain | $218 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,310 |
| Total Revenue | $1,039,920 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $273,828 |
| Pension plans, employee benefits | $5,411 |
| Interest | $0 |
| Taxes | $47,950 |
| Depreciation | $24,685 |
| Occupancy | $16,462 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $123,671 |
| Total operating and administrative expenses | $574,719 |
| Contributions, gifts, grants paid | $26,976 |
| Total expenses and disbursements | $601,695 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $328,228 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $848,059 |
| Other assets | $8,413 |
| Total assets | $9,602,448 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $9,814 |
| Total liabilities | $9,814 |
Grants Awarded
Over the last fiscal year, Chase Home Inc has awarded $26,976 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
HOUSING AUTHORITY OF CITY OF ANNAPOLIS PURPOSE: TO SUPPORT THE RENTER EVICTION AVOIDANCE PROGRAM | $20,976 |
Annapolis, MD PURPOSE: TO SUPPORT THE HOMELESS | $5,000 |
UNIVERSITY OF MARYLAND PURPOSE: TO SUPPORT THE HISTORIC PRESERVATION SCHOLARSHIP | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Baltimore Regional Housing Partnership Inc Baltimore, MD | $17,869,604 | $87,260,949 |
Communities Of Don Guanella And Divine Providence Philadelphia, PA | $32,652,793 | $61,764,962 |
Medstar Ambulatory Services Inc Columbia, MD | $191,556,915 | $22,068,997 |
Center For Community Action Everett, PA | $8,701,097 | $31,029,882 |
Oxford House Inc Silver Spring, MD | $6,662,269 | $22,312,565 |
Dogwood Housing Inc North Bethesda, MD | $86,669,090 | $22,202,788 |
Wellspan Properties Inc York, PA | $178,389,137 | $19,225,192 |
Rebecca Residence Allison Park, PA | $63,370,668 | $20,665,205 |
Abraham And Laura Lisner Home For Aged Women Washington, DC | $22,620,580 | $13,905,589 |
Alliance For Behavioral & Developmental Disabilities Ltd Hermitage, PA | $7,380,317 | $14,591,071 |
National Low Income Housing Coalition And Low Income Housing Washington, DC | $13,467,381 | $12,702,610 |
National Foundation For Affordable Housing Solutions Inc North Bethesda, MD | $263,616,606 | $53,198,670 |