Daffy

Community Housing Development Association Inc.

Community Housing Development Association Inc.

Englewood, CO 80112
Tax ID84-1316839

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About this organization

Revenue

$2,575,975

Expenses

$696,268

Mission

The organization's purpose is to assist in the maintenance or development of adequate housing in South Metro Denver for low-income and special needs populations.

About

The organization is dedicated to the acquisition and development of affordable residential real estate. The organization continues to support its completed affordable housing properties, Presidential Arms, Lara Lea, Willow Street, Canterbury Apartments, Fox Street, Aspen Leaf, and Regal Apartments. The organization has provided loans to these properties to assist with the acquisition and rehabilitation of the property. The organization receives development fees during rehabilitation of the projects and also provides administrative support during operations of the properties.

Interesting data from their 2020 990 filing

The filing sets forth the mission of the non-profit as “The organization's purpose is to assist in the maintenance or development of adequate housing in south metro denver for low-income and special needs populations.”.

When detailing its responsibilities, they were listed as: “The organization's purpose is to assist in the maintenance or development of adequate housing in south metro denver for low-income and special needs populations.”.

  • The state in which the non-profit is legally permitted to operate is CO.
  • The number of employees reported by the non-profit on their form as of 2020 is 2.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $1,879,707.
  • The CEO compensation structure within the organization is based on a review and approval from a neutral party.
  • The organization elects its board members.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 8 independent voting members.
  • The organization was formed in 1995.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $162,264 in salary, compensation, and benefits to its employees.
  • The organization pays $47,303 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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