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Housing Channel

Housing Channel

Fort Worth, TX
Tax ID75-2399903

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About this organization

Revenue

$6,824,377

Expenses

$4,984,375

Website

housingchannel.org

Mission

Revitalize distressed neighborhoods in Tarrant County and throughout Texas communities in need and increase the amounts of decent, affordable housing available to lower income families and individuals with special needs.

About

Affordable Rental: Housing Channel owns and professionally manages 232 multifamily units throughout Tarrant County. Units are leased at affordable rents primarily to very low- and low-income households. Many tenants are single-parents, struggling to find a safe, affordable, and pleasant environment for their children. Housing Channel takes great pride in maintaining these properties at high quality standards. As quality, affordable rental units are in high demand due to tighter mortgage qualification requirements, and low vacancy rates, tenants are encouraged to take advantage of free budget and credit counseling services offered at Housing Channel to move toward an opportunity for improved credit and homeownership opportunities.

Interesting data from their 2019 990 filing

The non-profit's aim, as indicated in the filing, is “Revitalize distressed neighborhoods in tarrant county and throughout texas communities in need and increase the amounts of decent, affordable housing available to lower income families and individuals with special needs.”.

When referring to its functions, they were specified as: “Revitalize distressed neighborhoods in tarrant county and throughout texas communities in need and increase the amounts of decent, affordable housing available to lower income families and individuals with special needs.”.

  • The non-profit has reported their operating state as TX, as required by law.
  • As stated in the filing, the non-profit's address in 2019 was 4200 S FREEWAY STE 307, FORT WORTH, TX, 76115.
  • The non-profit's form reports a total of 15 employees as of 2019.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Provides credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $1,840,002.
  • The CEO's salary policy within the organization is established through a review process by an impartial entity.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 12 independent voting members.
  • The organization was formed in 1991.
  • 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 conducts activities in partnership with another organization.
  • The organization pays $1,223,610 in salary, compensation, and benefits to its employees.
  • The organization pays $15,750 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.

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