Cfh Inc
- Assets
- $5.6m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 6
- Location
- Dumfries, VA
- Founding
- 03/1981
- Data as of
- 06/2021
- EIN
- 54-1121171
Organization Overview
Cfh Inc is located in Dumfries, VA. The organization was established in 1981. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Cfh Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cfh 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, Cfh Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $1.1m during the year ending 06/2021. 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
TO EDUCATE THE COMMUNITY ON HOUSING NEEDS AND TO SPONSOR PERMANENT AFFORDABLE HOUSING PROGRAMS REGARDLESS OF RACE, CREED, GENDER AND FAMILIAL STATUS OR NATIONAL ORIGIN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
4A. RENTAL PROGRAMS. CFH BEGAN OWNING AND MANAGING RENTAL PROPERTIES IN 2008; CFH OWNS 7 AFFORDABLE DWELLING UNITS (ADU) IN ARLINGTON AND 2 IN FAIRFAX. IN ADDITION, CFH OWN 7 WORKFORCE RENTAL UNITS IN FREDERICKSBURG. ALL CFH TENANTS FALL WITHIN THE LOW TO MODERATING INCOME CATEGORY. CFH ALSO CO-OWNS ITS ORIGINAL APARTMENT COMPLEX DEVELOPMENT, A 30-UNIT APARTMENT COMPLEX LOCATED IN FAIRFAX. NATIONAL HOUSING TRUST IS THE MANAGING PARTNER. IN JANUARY 2018, CFH PURCHASED A MOBILE HOME PARK, WHICH IS PROVIDING HOMES TO 60 HOUSEHOLDS. THE CFH RENTAL PROGRAM PROVIDES RENTAL HOUSING OPPORTUNITIES TO APPROXIMATELY 400 INDIVIDUALS A YEAR.
4B. SENIOR RENTAL ASSISTANCE. THE VIRGINIA ELY SENIOR RENTAL ASSISTANCE PROGRAM PROVIDES MONTHLY RENTAL SUBSIDIES TO SENIORS WHOSE INCOMES DO NOT EXCEED 30% OF THE AREA MEDIAN INCOME. THE PARTICIPATING SENIORS HAVE ANNUAL INCOMES RANGING FROM $9,036 - $24,406. PARTICIPANTS USE 40% OF THEIR INCOME AS THEIR RENT; THE PROGRAM PAYS THE BALANCE. THE CURRENT AVERAGE SUBSIDY IS $415.06. SENIOR PARTICIPANTS HAVE THE ABILITY TO LIVE INDEPENDENTLY AND PROVIDE FOR THEIR OTHER BASIC NEEDS. DURING FY 19, CFH PROVIDED SUBSIDIES TO 58 SENIOR HOUSEHOLDS.
4C. DPA. CFH IS COMPLETING ITS SIXTH YEAR OF ADMINISTERING THE VIRGINIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENTS DOWN PAYMENT ASSISTANCE PROGRAM PROVIDING ASSISTANCE TO FIRST-TIME HOME BUYERS WHOSE ANNUAL GROSS ANNUAL INCOME DOES NOT EXCEED 80% OF THE AREA MEDIAN INCOME. ASSISTANCE IS PROVIDED TO ELIGIBLE APPLICANTS IN THE COUNTIES OF PRINCE WILLIAM, FAIRFAX, ARLINGTON AND LOUDOUN.
4A. RENTAL PROGRAMS. CFH BEGAN OWNING AND MANAGING RENTAL PROPERTIES IN 2008; CFH OWNS 7 AFFORDABLE DWELLING UNITS (ADU) IN ARLINGTON AND 2 IN FAIRFAX. IN ADDITION, CFH OWN 7 WORKFORCE RENTAL UNITS IN FREDERICKSBURG. ALL CFH TENANTS FALL WITHIN THE LOW TO MODERATING INCOME CATEGORY. CFH ALSO CO-OWNS ITS ORIGINAL APARTMENT COMPLEX DEVELOPMENT, A 30-UNIT APARTMENT COMPLEX LOCATED IN FAIRFAX. NATIONAL HOUSING TRUST IS THE MANAGING PARTNER. IN JANUARY 2018, CFH PURCHASED A MOBILE HOME PARK, WHICH IS PROVIDING HOMES TO 60 HOUSEHOLDS. THE CFH RENTAL PROGRAM PROVIDES RENTAL HOUSING OPPORTUNITIES TO APPROXIMATELY 400 INDIVIDUALS A YEAR.
4B. SENIOR RENTAL ASSISTANCE. THE VIRGINIA ELY SENIOR RENTAL ASSISTANCE PROGRAM PROVIDES MONTHLY RENTAL SUBSIDIES TO SENIORS WHOSE INCOMES DO NOT EXCEED 30% OF THE AREA MEDIAN INCOME. THE PARTICIPATING SENIORS HAVE ANNUAL INCOMES RANGING FROM $9,036 - $24,406. PARTICIPANTS USE 40% OF THEIR INCOME AS THEIR RENT; THE PROGRAM PAYS THE BALANCE. THE CURRENT AVERAGE SUBSIDY IS $415.06. SENIOR PARTICIPANTS HAVE THE ABILITY TO LIVE INDEPENDENTLY AND PROVIDE FOR THEIR OTHER BASIC NEEDS. DURING FY 19, CFH PROVIDED SUBSIDIES TO 58 SENIOR HOUSEHOLDS.
4C. DPA. CFH IS COMPLETING ITS SIXTH YEAR OF ADMINISTERING THE VIRGINIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENTS DOWN PAYMENT ASSISTANCE PROGRAM PROVIDING ASSISTANCE TO FIRST-TIME HOME BUYERS WHOSE ANNUAL GROSS ANNUAL INCOME DOES NOT EXCEED 80% OF THE AREA MEDIAN INCOME. ASSISTANCE IS PROVIDED TO ELIGIBLE APPLICANTS IN THE COUNTIES OF PRINCE WILLIAM, FAIRFAX, ARLINGTON AND LOUDOUN.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Davies Executive Dir. | OfficerTrustee | 55 | $122,185 |
William Hummel President | OfficerTrustee | 4 | $0 |
Charlie Einsmann Vice President | OfficerTrustee | 1 | $0 |
Brian Tully Mclaughlin Secretary | OfficerTrustee | 1 | $0 |
Luis Castillo Treasurer | OfficerTrustee | 1 | $0 |
Joan Thomas Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $46 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $423,247 |
| All other contributions, gifts, grants, and similar amounts not included above | $123,640 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $546,933 |
| Total Program Service Revenue | $656,531 |
| Investment income | $138 |
| 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 | $1,305,718 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $133,843 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $122,185 |
| Compensation of current officers, directors, key employees. | $76,977 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $155,180 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,261 |
| Payroll taxes | $23,440 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $300 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $20,697 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $67,286 |
| Advertising and promotion | $500 |
| Office expenses | $0 |
| Information technology | $13,279 |
| Royalties | $0 |
| Occupancy | $21,856 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,366 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $141,444 |
| Insurance | $7,807 |
| All other expenses | $9,722 |
| Total functional expenses | $1,113,952 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $258,664 |
| Savings and temporary cash investments | $698,909 |
| Pledges and grants receivable | $52,993 |
| Accounts receivable, net | $18,855 |
| 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 | $13,348 |
| Net Land, buildings, and equipment | $4,162,914 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $49,404 |
| Other assets | $371,619 |
| Total assets | $5,626,706 |
| Accounts payable and accrued expenses | $44,516 |
| Grants payable | $0 |
| Deferred revenue | $14,201 |
| 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 | $4,255,922 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $38,920 |
| Total liabilities | $4,353,559 |
| Net assets without donor restrictions | $1,205,706 |
| Net assets with donor restrictions | $67,441 |
| 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 | $5,626,706 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cfh Inc has recieved totaling $46.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $46 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kentucky River Foothills Development Council Inc Richmond, KY | $12,381,295 | $19,871,173 |
Community Action Of Southern Kentucky Incorporated Bowling Green, KY | $10,381,389 | $18,999,181 |
Northern Kentucky Community Action Commisson Inc Covington, KY | $8,823,439 | $18,121,235 |
Garrett County Maryland Community Action Committee Inc Oakland, MD | $23,823,939 | $14,024,119 |
Strong City Baltimore Baltimore, MD | $3,607,626 | $14,803,870 |
Visit Baltimore Inc Baltimore, MD | $13,591,522 | $23,022,151 |
Mountainheart Community Servces Inc Oceana, WV | $5,735,709 | $13,660,570 |
Allegany County Human Resources Development Commission Inc Cumberland, MD | $11,830,782 | $13,688,639 |
Coastal Community Action Inc Newport, NC | $6,264,251 | $13,623,681 |
Fusion Partnerships Inc Baltimore, MD | $7,468,833 | $16,079,107 |
Neighborhood Preservation Inc Memphis, TN | $5,226,571 | $6,441,182 |
Coalfield Community Action Partnership Inc Williamson, WV | $5,496,204 | $10,777,426 |