Christopher Homes Inc
- Assets
- $8.3m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Little Rock, AR
- Founding
- 03/1946
- Data as of
- 06/2020
- EIN
- 71-0584467
Organization Overview
Christopher Homes Inc is located in Little Rock, AR. The organization was established in 1946. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes.
For the year ending 06/2020, Christopher Homes Inc generated $3.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $3.6m during the year ending 06/2020. While expenses have increased by 1.6% 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
RENTAL OF SECTION 202 HUD APARTMENTS TO LOW INCOME ELDERLY OR MOBILITY IMPAIRED TENANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RENTAL OF SECTION 202 HUD APARTMENTS TO LOW INCOME OR MOBILITY IMPAIRED TENANTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristy Angyal President | OfficerTrustee | 1 | $0 |
Michele Allgood Secretary | OfficerTrustee | 1 | $0 |
Robert Schelle Vice Preside | OfficerTrustee | 1 | $0 |
James Chidester Board Member | Trustee | 1 | $0 |
John Dominick Jr Board Member | Trustee | 1 | $0 |
Msgr Jack Harris Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $248 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $50 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,625,537 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $273,344 |
| Fees for services: Legal | $4,674 |
| Fees for services: Accounting | $97,992 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $23,375 |
| Office expenses | $92,956 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $527,328 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,461 |
| Interest | $507,157 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $498,100 |
| Insurance | $158,007 |
| All other expenses | $0 |
| Total functional expenses | $3,636,840 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $118,424 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $34,123 |
| 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 | $100,444 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $765,252 |
| Other assets | $1,217,213 |
| Total assets | $8,281,350 |
| Accounts payable and accrued expenses | $144,698 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $10,507,401 |
| Other liabilities | $182,981 |
| Total liabilities | $10,835,080 |
| 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 |
| Total liabilities and net assets/fund balances | -$2,553,730 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Territory Residential Community Association Inc Sugar Land, TX | $12,710,559 | $6,568,761 |
Christopher Homes Inc Little Rock, AR | $8,281,350 | $3,625,537 |
Lakes Of Parkway Homeowners Assoc Inc Dallas, TX | $3,333,866 | $2,044,881 |
Valley Initiative For Development And Advancement Mercedes, TX | $1,164,316 | $2,100,105 |
Remington Ranch Community Association Inc Houston, TX | $2,433,116 | $2,192,088 |
Carlton Woods Creekside Association Inc Houston, TX | $1,661,057 | $1,931,582 |
Lakemont Community Association Inc Houston, TX | $2,575,165 | $1,663,253 |
Clear Lake City Community Association Inc Houston, TX | $3,788,857 | $1,219,370 |
Copperfield Community Association Houston, TX | $1,025,709 | $1,369,955 |
Wildwood At Northpointe Community Association Inc Houston, TX | $2,409,096 | $1,751,440 |
Oakhurst Community Association San Antonio, TX | $2,677,913 | $1,464,108 |
Atascoclta Community Improvement Association Humble, TX | $1,325,288 | $1,528,280 |