Cooperative Housing Foundation
- Assets
- $288.4m
- Revenue
- $110.6m
- Investments
- $1.4m
- Employees
- 179
- Location
- Silver Spring, MD
- Founding
- 03/1968
- Data as of
- 09/2020
- EIN
- 52-0846183
Cooperative Housing Foundation Overview
Cooperative Housing Foundation, operating under the name Global Communities, is located in Silver Spring, MD. The organization was established in 1968. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 09/2020, Global Communities employed 179 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 09/2020, Global Communities generated $110.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $111.2m during the year ending 09/2020. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Global Communities has awarded 118 individual grants totaling $20,268,142. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TECHNICAL ASSISTANCE: GLOBAL COMMUNITIES PROVIDES ASSISTANCE TO INDIVIDUALS AND INTERNATIONAL GOVERNMENTAL AND PRIVATE ORGANIZATIONS THAT IN TURN ASSIST THEIR CITIZENS OR MEMBERS IN IMPROVING THEIR COMMUNITIES.
CAPITAL ASSISTANCE: THROUGH ITS SUBSIDIARIES, GLOBAL COMMUNITIES MAKES MICRO CREDIT AND SMALL ENTERPRISE LOANS AT PREVAILING MARKET INTEREST RATES TO LOW-INCOME INDIVIDUALS IN DEVELOPING COUNTRIES.
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Cooperative Housing Foundation Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Weiss CEO | OfficerTrustee | 40 | $420,937 |
Lonna Milburn Sr. Vp, P2 (through 03/20) | Officer | 40 | $251,540 |
Jerome Folliard-O'mahony Chief Of Party (through 03/20) | 40 | $247,663 | |
Janie Payne Vp, Hr & Cdo (through 11/19) | Officer | 40 | $241,859 |
Abhishek Bhasin Sr. VP & CFO (through 01/20) | Officer | 40 | $234,970 |
Micheal Holsten Former Officer | 40 | $224,999 |
Cooperative Housing Foundation Vendors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Grf Cpas And Advisors Audit Services | 9/29/20 | $359,946 |
Cdw Direct Computer Services | 9/29/20 | $242,935 |
Layer 8 Consulting Inc It Consulting | 9/29/20 | $233,700 |
Parker Company Llc Payroll & Hr Services | 9/29/20 | $171,829 |
International Advisory Product 3rd Party Field Monitoring | 9/29/20 | $121,950 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $86,629,338 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,023,720 |
| Noncash contributions included in lines 1a–1f | $63 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $87,653,058 |
| Total Program Service Revenue | $15,265,576 |
| Investment income | $2,606,071 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $181,476 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,890,679 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $110,608,352 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,914,776 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $30,824,724 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,987,021 |
| Compensation of current officers, directors, key employees. | $1,875,562 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $32,332,662 |
| Pension plan accruals and contributions | $1,570,691 |
| Other employee benefits | $10,186,380 |
| Payroll taxes | $1,052,246 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $343,535 |
| Fees for services: Accounting | $455,151 |
| Fees for services: Lobbying | $21,129 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $128,906 |
| Fees for services: Other | $3,276,514 |
| Advertising and promotion | $59,012 |
| Office expenses | $1,872,716 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,696,859 |
| Travel | $1,327,409 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $230,998 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $246,100 |
| Insurance | $658,842 |
| All other expenses | $2,274,761 |
| Total functional expenses | $111,235,982 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,607 |
| Savings and temporary cash investments | $73,156,747 |
| Pledges and grants receivable | $9,638,710 |
| Accounts receivable, net | $7,021,865 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $100,117,339 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,574,649 |
| Net Land, buildings, and equipment | $3,908,527 |
| Investments—publicly traded securities | $47,372,757 |
| Investments—other securities | $1,414,621 |
| Investments—program-related | $27,860,934 |
| Intangible assets | $199,615 |
| Other assets | $15,084,409 |
| Total assets | $288,369,780 |
| Accounts payable and accrued expenses | $15,129,766 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $3,570,606 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $119,570,074 |
| Unsecured mortgages and notes payable | $1,950,000 |
| Other liabilities | $12,495,230 |
| Total liabilities | $152,715,676 |
| Net assets without donor restrictions | $121,267,788 |
| Net assets with donor restrictions | $14,386,316 |
| 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 | $288,369,780 |
Cooperative Housing Foundation Grants Awarded
Over the last fiscal year, Cooperative Housing Foundation has awarded $2,908,525 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: TECHNICAL ASSISTANCE | $1,012,353 |
THE MANOFF GROUP INC PURPOSE: TECHNICAL ASSISTANCE | $232,224 |
INTERNATIONAL ADVISORY PRODUCTS AND SYSTEMS PURPOSE: TECHNICAL ASSISTANCE | $229,143 |
Washington, DC PURPOSE: TECHNICAL ASSISTANCE | $196,123 |
KAIZEN COMPANY PURPOSE: TECHNICAL ASSISTANCE | $185,350 |
Boston, MA PURPOSE: TECHNICAL ASSISTANCE | $172,936 |
Cooperative Housing Foundation Grants Recieved
Over the last fiscal year, we have identified 3 grants that Cooperative Housing Foundation has recieved totaling $5,161,683.
| Awarding Organization | Amount |
|---|---|
The Mastercard Foundation PURPOSE: Youth Learning | | $3,636,794 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $1,360,641 |
International Executive Service Washington, DC PURPOSE: PROGRAM SERVICES | $164,248 |
Cooperative Housing Foundation Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dkt International Inc Washington, DC | $291,833,511 | $232,538,629 |
National Democratic Institute For International Affairs Washington, DC | $27,025,403 | $128,065,419 |
Pact Inc Washington, DC | $30,717,412 | $123,687,011 |
Kingsway Charities Inc Bristol, VA | $26,973,681 | $125,538,803 |
Cooperative Housing Foundation Silver Spring, MD | $288,369,780 | $110,608,352 |
American Near East Refugee Aid Inc Washington, DC | $29,367,034 | $112,473,420 |
Project Hope The People To People Health Foundation Inc Bethesda, MD | $35,489,558 | $83,677,739 |
Aga Khan Foundation Usa Washington, DC | $494,211,949 | $173,497,175 |
Adventist Development And Relief Agency International Silver Spring, MD | $71,939,454 | $86,510,622 |
Operation Smile Inc Virginia Beach, VA | $74,699,767 | $87,840,257 |
Brothers Brother Foundation Pittsburgh, PA | $14,013,797 | $55,848,939 |
Pan American Development Foundation Inc Washington, DC | $30,032,027 | $63,248,643 |
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