COMMUNITY HOUSING NETWORK INC

EIN: 311222236 501(c)(3) Housing & Shelter

COLUMBUS, OH

Total Revenue
$19,365,656
Total Expenses
$12,693,183
Total Assets
$79,089,039
Net Assets
$73,073,156
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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
OH
Principal Officer
DEAN SLOANE
Phone
6144876700
Tax Period
2024-01-01 to 2024-12-31

COMMUNITY HOUSING NETWORK INC, founded in 1987, is a mid-sized nonprofit in the Housing & Shelter sector that reported $19.4M in total revenue in fiscal year 2024. Revenue surged 79% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.7M, a strong 34% operating margin.

Mission

WE CREATE HOMES THAT PROVIDE RESIDENTS WITH THE SUPPORT, STABILITY, AND COMMUNITY CONNECTIONS THEY NEED TO LIVE AND THRIVE.

Program Service Accomplishments

Program 1
Expenses: $9,073,361 Revenue: $2,706,406

PERMANENT SUPPORTIVE HOUSING: COMMUNITY HOUSING NETWORK (CHN) IS A NONPROFIT HOUSING COMPANY THAT DEVELOPS, OWNS AND MANAGES PERMANENT SUPPORTIVE HOUSING DEDICATED TO VULNERABLE POPULATIONS INCLUDING...

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PERMANENT SUPPORTIVE HOUSING: COMMUNITY HOUSING NETWORK (CHN) IS A NONPROFIT HOUSING COMPANY THAT DEVELOPS, OWNS AND MANAGES PERMANENT SUPPORTIVE HOUSING DEDICATED TO VULNERABLE POPULATIONS INCLUDING PEOPLE WITH MENTAL HEALTH CONDITIONS, SUBSTANCE USE DISORDERS, AND HISTORIES OF HOMELESSNESS. SINCE OUR BEGINNING IN 1987, CHN'S PERMANENT SUPPORTIVE HOUSING PROGRAM HAS PROVEN THAT VULNERABLE POPULATIONS CAN LIVE SUCCESSFULLY IN THE COMMUNITY WHEN THEIR HOUSING IS CONNECTED TO APPROPRIATE SUPPORTIVE SERVICES. CHN'S HOUSING ALLOWS RESIDENTS TO LIVE STABLY, WHICH IN TURN HAS POSITIVE EFFECTS ON THEIR HEALTH, PRODUCTIVITY AND CONNECTION TO THE COMMUNITY. IN ADDITION, ONCE STABLY HOUSED, CHN'S RESIDENTS USE FEWER COSTLY COMMUNITY RESOURCES LIKE EMERGENCY HEALTH CARE AND HOMELESS SHELTERS, GENERATING SIGNIFICANT COST SAVINGS TO PUBLIC SYSTEMS. TODAY, CHN PROVIDES OVER 1,600 PERMANENT SUPPORTIVE HOUSING UNITS AND IS AN INTEGRAL PART OUR COMMUNITY'S EFFORT TO IMPROVE THE LIVES OF OUR MOST VULNERABLE CITIZENS.CHN PROVIDES ALL RESIDENTS WITH A RENT SUBSIDY TO ENSURE OUR HOUSING IS AFFORDABLE, AS WELL AS SAFE, DEPENDABLE, AND WELL MAINTAINED. CHN ALSO OFFERS A CONTINUUM OF SUPPORTIVE HOUSING SERVICE MODELS, INCLUDING MODELS WITH 24/7 ONSITE WELLBEING MONITORING, ONSITE SERVICES, RESIDENT MANAGERS AND CONNECTIONS TO COMMUNITYBASED SOCIAL, HEALTH AND EMPLOYMENT SERVICES. IN ADDITION TO ITS OWN SERVICES, CHN ENGAGES WITH OTHER SERVICE AGENCIES TO OFFER RESIDENTS MORE ACCESS TO BEHAVIORAL HEALTH, WELLNESS AND EMPLOYMENT SERVICES. SUCCESS IS MEASURED BY LENGTH OF STAY IN OUR HOUSING, SUCCESSFUL EXITS, INCLUDING EXITS TO MORE INDEPENDENT HOUSING, BEING CONNECTED TO ASNEEDED SUPPORTIVE SERVICES, AND INCREASED INCOME, INCLUDING THROUGH EMPLOYMENT. BY INCLUDING A SAFETY NET OF SERVICES IN ALL ITS HOUSING, CHN'S HOUSING EQUIPS RESIDENTS WITH THE TOOLS THEY NEED TO OVERCOME OBSTACLES IN THEIR LIVES AND MAINTAIN STABILITY. STABILITY ALLOWS RESIDENTS TO GAIN INDEPENDENCE AND BEGIN TO FLOURISH, INCREASING THEIR INCOMES AND FINDING MEANINGFUL EMPLOYMENT, BUILDING SUSTAINING RELATIONSHIPS, AND RECONNECTING TO THEIR LOVED ONES AND COMMUNITIES.

Program 2
Expenses: $1,097,962 Revenue: $2,354,461

DEVELOPMENT: CHN HAS DEVELOPED, OWNS AND MANAGES MORE THAN 1,600 PERMANENT SUPPORTIVE HOUSING APARTMENTS LOCATED AT OVER 140 DIFFERENT SITES SCATTERED THROUGHOUT FRANKLIN COUNTY IN 32 ZIP CODES...

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DEVELOPMENT: CHN HAS DEVELOPED, OWNS AND MANAGES MORE THAN 1,600 PERMANENT SUPPORTIVE HOUSING APARTMENTS LOCATED AT OVER 140 DIFFERENT SITES SCATTERED THROUGHOUT FRANKLIN COUNTY IN 32 ZIP CODES, INCLUDING SIX SUBURBAN COMMUNITIES. AS A REAL ESTATE DEVELOPER, CHN ACQUIRES PROPERTY, OBTAINS ZONING APPROVALS, ASSEMBLES FINANCING AND OVERSEES PROJECTS THROUGH CONCEPT, DESIGN, ENGINEERING, BIDDING AND CONSTRUCTION PHASES. DEVELOPMENTS INCLUDE BOTH NEW CONSTRUCTION AND ACQUISITION AND RENOVATION OF EXISTING BUILDINGS. CHN USES MANY FUNDING SOURCES TO DEVELOP ITS HOUSING, INCLUDING LOWINCOME HOUSING TAX CREDITS, TAX-EXEMPT BONDS, STATE AND LOCAL FUNDING, AND PHILANTHROPIC GRANTS.CHN ALSO USES THE DEVELOPMENT PROCESS TO FORM LONGTERM NEIGHBORHOOD CONNECTIONS THROUGH ITS COMMUNITY ACCEPTANCE APPROACH. CHN PROACTIVELY FORMS COMMUNITY ADVISORY COUNCILS PRIOR DEVELOPING PROPERTY TO INFORM NEIGHBORS ABOUT CHN AND ITS HOUSING MODELS. CHN ALSO SOLICITS NEIGHBORHOOD INPUT INTO THE HOUSING'S DESIGN AND OPERATIONS. BY OFFERING A FORUM FOR ONGOING COMMUNICATION, THESE COUNCILS PROVIDE THE LONGTERM RELATIONSHIPS THAT CONNECT CHN AND OUR FUTURE RESIDENTS TO OUR NEIGHBORHOODS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $10,678,535
Program Service Revenue $8,541,045
Investment Income $146,076
Other Revenue $0
TOTAL REVENUE $19,365,656

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,060,968
Fundraising Expenses $517,164
Program Expenses $10,171,323
Other Expenses $7,632,215
TOTAL EXPENSES $12,693,183

Year-over-Year Comparison

2024 2023 Change
Revenue $19,365,656 $10,840,872 +0.8%
Expenses $12,693,183 $14,182,683 -0.1%
Net Income $6,672,473 $-3,341,811 -3.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
138
Volunteers
199

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
9
$1,059,485
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SAMANTHA SHULER CEO (EXITED 3.24.25) 39.00
Officer
$240,154 $30,598 $270,752
RYAN CASSELL CHIEF DEVELOPMENT OFFICER 39.00
Officer
$179,210 $28,156 $207,366
DEAN SLOANE CHIEF FINANCIAL OFFICER 39.00
Officer
$165,429 $33,227 $198,656
JENNIFER SHARMA CHIEF STRATEGY OFFICER 39.00
Officer
$187,940 $10,003 $197,943
TIANA PURVIS CHEIF OPERATING OFFICER 39.00
Officer
$174,943 $9,825 $184,768
MICHAEL FOLTZ INFORMATION TECHNOLOGY DIR 39.00
Highest
$130,770 $24,663 $155,433
ARLENE REITTER RESOURCE DEVELOPMENT & MAR 39.00
Highest
$131,161 $15,069 $146,230
PAUL HENLEY ASSET MANAGEMENT DIRECTOR 39.00
Highest
$129,766 $5,803 $135,569
JAMES V WULF BOARD CHAIR 0.30
Officer Director
$0 $0 $0
SANLEDA MORGAN VICE CHAIR 0.30
Officer Director
$0 $0 $0
STEVE GINNAN TREASURER 0.30
Officer Director
$0 $0 $0
LISA WHITTAKER SECRETARY 0.30
Officer Director
$0 $0 $0
DUSHKA CRANE BOARD MEMBER 0.30
Director
$0 $0 $0
PAUL BLOOMFIELD BOARD MEMBER 0.30
Director
$0 $0 $0
ALEX CRABTREE BOARD MEMBER 0.30
Director
$0 $0 $0
MATTHEW GLOVER BOARD MEMBER 0.30
Director
$0 $0 $0
LINDA JANES BOARD MEMBER 0.30
Director
$0 $0 $0
JO'EL JONES BOARD MEMBER 0.30
Director
$0 $0 $0
CONNIE LUCK BOARD MEMBER 0.30
Director
$0 $0 $0
BRANDON GUISINGER BOARD MEMBER (STARTED 2024) 0.30
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 $19,365,656 $12,693,183 $79,089,039 $6,672,473
2023 $10,840,872 $14,182,683 $62,291,858 $-3,341,811
2022 $11,087,662 $12,528,502 $56,969,738 $-1,440,840
2021 $14,874,820 $12,368,372 $58,364,637 $2,506,448
2020 $14,787,627 $11,684,636 $55,924,448 $3,102,991
2019 $13,518,028 $12,771,654 $53,747,809 $746,374
2018 $15,680,591 $16,138,263 $53,106,280 $-457,672
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