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Community Housing Initiative Inc.

Community Housing Initiative Inc.

Melbourne, FL
Tax ID59-3142633

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About this organization

Revenue

$980,808

Expenses

$1,038,217

Mission

To provide affordable housing to the very low, low, and moderate-income households.

About

The development and operation of Willow Brook Village Apartments: C.H.I developed and now operates an affordable housing apartment complex with 24 2-bedroom and 32 3-bedroom units. The units are leased to families of low and moderate-income levels. In addition, C.H.I provides various other types of programs for their residents which includes counseling in budgeting and finance, credit counseling, home maintenance, and affordable daycare coordination. The company also offers home ownership opportunities to their residents by allowing them to qualify a portion of their rent towards a down payment.

Interesting data from their 2019 990 filing

The mission of the non-profit, as stated in the filing, is “As a not-for-profit charitable development corporation, community housing initiative, inc. is committed to providing affordable housing to the very low, low, and moderate-income households.our goal is to improve the quality of life and build strong relationships with existing service organizations in the communities we serve. we will pursue the education of communities in an attempt to increase public awareness of the need for affordable housing.”.

When referring to its tasks, they were described as: “To provide affordable housing to the very low, low, and moderate-income households.”.

  • The non-profit is operating legally in the state of FL.
  • The non-profit's address for the year 2019 is listed as PO BOX 410522, MELBOURNE, FL, 329410522 in the filing.
  • The form submitted by the non-profit organization for 2019 reports 6 employees.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is -$57,409.
  • The organization has 5 independent voting members.
  • The organization was formed in 1992.
  • The organization pays $331,735 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

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