Crestone Peak Community Housing

Organization Overview

Crestone Peak Community Housing is located in Crestone, CO. The organization was established in 1995. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, 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. Crestone Peak Community Housing 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, Crestone Peak Community Housing generated $502.6k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 34.2% each year . All expenses for the organization totaled $46.5k during the year ending 12/2021. While expenses have increased by 12.2% per year over the past 2 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE CRESTONE PEAK COMMUNITY HOUSING, (THE ORGANIZATION), IS A 501(C)(3), PUBLIC, NON-PROFIT ORGANIZATION LOCATED IN CRESTONE, COLORADO. THE MISSION OF THE CRESTONE PEAK COMMUNITY HOUSING IS TO HELP LOW-INCOME AND DISADVANTAGED PEOPLE OBTAIN ACCESS TO AFFORDABLE QUALITY HOUSING AND SERVE AS A MODEL IN DESIGNING AND FINANCING AFFORDABLE HOUSING IN RURAL SAGUACHE COUNTY, PROMOTING ECONOMIC SELF-SUFFICIENCY AND LIVABILITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DESIGN FOR THE LIVING WISDOM VILLAGE PROJECT HAS BEEN COMPLETED AND THE PROJECT IS SHOVEL READY. CPCH IS AWAITING THE ROLLOUT OF HB-1304 (ARPA) FUNDING FROM THE STATE OF COLORADO TO COMMENCE CONSTRUCTION ON THE PROJECT.


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Board, Officers & Key Employees

Name (title)Compensation
Kirsten Schreiber
Chairman
$0
Julia Voss
Vice Chairman
$0
John Alfano
Treasurer
$0
Denise Peine
Secretary
$0
Barbara Hoeppner
Director
$0
Maria Sarro
Director
$0

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$502,105
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$502,105
Total Program Service Revenue$0
Investment income $476
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 $502,581

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Crestone Peak Community Housing has recieved totaling $295,000.

Awarding OrganizationAmount
Nextfifty Initiative

Denver, CO

PURPOSE: BUILD MODULAR HOUSING FOR LOW INCOME 55+

$250,000
El Pomar Foundation

Colorado Springs, CO

PURPOSE: AFFORDABLE HOUSING VILLAGE FOR SENIORS

$25,000
Pema Chodron Foundation

Steamboat Springs, CO

PURPOSE: Affordable elder housing

$20,000
View Grant Recipient Profile

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