Christ Church Harbor Apt Inc
- Assets
- $11.4m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 23
- Location
- Baltimore, MD
- Founding
- 11/1968
- Data as of
- 06/2021
- EIN
- 52-0963841
Organization Overview
Christ Church Harbor Apt Inc is located in Baltimore, MD. The organization was established in 1968. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 06/2021, Christ Church Harbor Apt Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christ Church Harbor Apt 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 06/2021, Christ Church Harbor Apt Inc generated $4.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $2.9m during the year ending 06/2021. While expenses have increased by 2.3% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CORPORATION WAS FORMED TO OWN AND OPERATE A NON-PROFIT APARTMENT HOUSE FOR THE ELDERLY. THESE TENANTS RECEIVE THE BENEFIT OF ADEQUATE HOUSINQ IN A WELL MAINTAINED ENVIRONMENT. THE TENANTS ALSO RECEIVE THE BENEFIT OF GOVERNMENT HOUSING ASSISTANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO OPERATE A NON-PROFIT APARTMENT HOUSE FOR THE ELDERLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sue Borsuk President | OfficerTrustee | 2 | $0 |
Rev Dr Amsalu Chair | OfficerTrustee | 2 | $0 |
Yvonne Tanner Treasurer | OfficerTrustee | 1 | $0 |
Christine Day Secretary | OfficerTrustee | 1 | $0 |
Yvonne Terry Trustee | Trustee | 1 | $0 |
Nikki Massie Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Frenchman White Corporation Apartment Renovations | 6/29/21 | $135,721 |
C A Lindman Inc Plaza Reconstruction | 6/29/21 | $1,845,605 |
Goldberg Banks Pc Construction Arbitration | 6/29/21 | $359,254 |
Construction Systems Group Inc Construction Engineering | 6/29/21 | $379,436 |
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 | $5,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $3,880,012 |
| Investment income | $309,418 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,194,430 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $630,204 |
| Pension plan accruals and contributions | $82,886 |
| Other employee benefits | $131,616 |
| Payroll taxes | $62,773 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,204 |
| Fees for services: Accounting | $11,085 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,594 |
| Office expenses | $188,785 |
| Information technology | $37,100 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $243,362 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $520,571 |
| Insurance | $75,545 |
| All other expenses | $31,539 |
| Total functional expenses | $2,932,904 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $133,188 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $67,095 |
| 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 | $45,224 |
| Net Land, buildings, and equipment | $7,592,471 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,537,396 |
| Total assets | $11,375,374 |
| Accounts payable and accrued expenses | $1,298,076 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $4,612,796 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $179,035 |
| Total liabilities | $6,089,907 |
| Net assets without donor restrictions | $0 |
| 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 | $5,285,467 |
| Total liabilities and net assets/fund balances | $11,375,374 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Christ Church Harbor Apt Inc has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Maryland Food Bank Inc Baltimore, MD PURPOSE: FOOD DISTRIBUTION | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nht Communities Washington, DC | $154,306,300 | $20,911,703 |
1260 Housing Development Corporation Philadelphia, PA | $75,955,661 | $16,577,131 |
Housing Development Corporation Midatlantic Lancaster, PA | $24,908,226 | $11,939,671 |
Milford Housing Development Corperation Milford, DE | $34,677,401 | $10,337,525 |
Project Plase Inc Baltimore, MD | $6,563,951 | $8,999,720 |
Norris Square Community Alliance Philadelphia, PA | $13,759,138 | $8,779,038 |
Ebed Community Improvement Inc Upper Marlboro, MD | $8,136,869 | $7,675,137 |
Lewinsville Retirement Residence McLean, VA | $23,915,511 | $4,142,115 |
Patricia And Mark Joseph Shelter Foundation Inc Baltimore, MD | $50,852,875 | $6,368,087 |
Affordable Housing Opportunities Inc Washington, DC | $42,188,796 | $3,175,376 |
Terrific Inc Washington, DC | $2,887,990 | $4,125,809 |
Dc Doors Washington, DC | $1,166,069 | $3,507,124 |