Coalition for Housing Opportunities Inc

EIN: 200135668 501(c)(3)

Winchester, VA

Total Revenue
$1,255,236
Total Expenses
$1,536,742
Total Assets
$1,329,965
Net Assets
$-1,177,000
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
VA
Phone
7579386124
Tax Period
2024-01-01 to 2024-12-31

COALITION FOR HOUSING OPPORTUNITIES INC, founded in 2009, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2018.

Mission

THE ORGANIZATION WAS ORGANIZED AND IS OPERATED EXCLUSIVELY AS A CHARITABLE ORGANIZATION TO AQUIRE AND OPERATE A 20 BED ALZHEIMER FACILITY.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,255,234
Investment Income $2
Other Revenue $0
TOTAL REVENUE $1,255,236

Expense Breakdown

Grants Paid $0
Salaries & Benefits $917,932
Fundraising Expenses $0
Program Expenses $1,501,254
Other Expenses $618,810
TOTAL EXPENSES $1,536,742

Year-over-Year Comparison

2024 2023 Change
Revenue $1,255,236 $1,354,813 -0.1%
Expenses $1,536,742 $1,583,263 0.0%
Net Income $-281,506 $-228,450 +0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
58
Volunteers
3

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Clare R Dove Secretary 7.0
Officer Director
$0 $0 $0
Wilbur G Dove President 7.0
Officer Director
$0 $0 $0
John Sower Director 7.0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,255,236 $1,536,742 $1,329,965 $-281,506
2023 $1,354,813 $1,583,263 $1,435,984 $-228,450
2022 $1,516,428 $1,437,911 $1,558,331 $78,517
2021 $1,242,858 $1,120,025 $1,363,729 $122,833
2020 $1,013,077 $1,237,711 $1,069,483 $-224,634
2019 $1,157,018 $1,205,221 $1,066,204 $-48,203
2018 $1,201,940 $1,235,212 $1,100,649 $-33,272
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