CLEVELAND, OH
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)CHN HOUSING PARTNERS, founded in 1981, is a mid-sized nonprofit in the Housing & Shelter sector that reported $57.5M in total revenue in fiscal year 2023. Revenue fell 41% from the prior year — a significant decline worth monitoring.
CHN HOUSING PARTNERS' MISSION IS TO LEVERAGE THE POWER OF AFFORDABLE, STABLE HOUSING TO CHANGE LIVES AND IMPROVE COMMUNITIES.
HOUSING DEVELOPMENT, PROPERTY MANAGEMENT & SALES:CHN IS A SEASONED AFFORDABLE HOUSING DEVELOPER AND THE NATION'S LARGEST SINGLE-FAMILY DEVELOPER USING LOW INCOME HOUSING TAX CREDITS THROUGH OUR...
HOUSING DEVELOPMENT, PROPERTY MANAGEMENT & SALES:CHN IS A SEASONED AFFORDABLE HOUSING DEVELOPER AND THE NATION'S LARGEST SINGLE-FAMILY DEVELOPER USING LOW INCOME HOUSING TAX CREDITS THROUGH OUR NATIONALLY RECOGNIZED LEASE PURCHASE PROGRAM. WE DEVELOP HOUSING ACROSS ASSET CLASSES AND POPULATIONS USING MIXED FUNDING SOURCES IN OHIO, SOUTHEAST MICHIGAN, WESTERN NEW YORK AND WESTERN PENNSYLVANIA. WE PARTNER WITH SISTER NONPROFITS AND PUBLIC ENTITIES TO IMPLEMENT NEIGHBORHOOD STRATEGIES. AFFORDABILITY, SUSTAINABILITY AND HOMEOWNERSHIP ARE OUR CORE PRINCIPLES. IN 2023, CHN STARTED OR COMPLETED CONSTRUCTION ON 354 AFFORDABLE HOUSING UNITS AND SOLD 79 HOMES TO LOW-INCOME FAMILIES WHO COULD NOT OTHERWISE ACHIEVE HOMEOWNERSHIP THROUGH OUR LEASE PURCHASE PROGRAM. CHN SERVED 58 HOMEOWNERS WITH THE SINGLE FAMILY PRESERVATION PROGRAM.
ENERGY CONSERVATION & WEATHERIZATION:THROUGH DECADES-LONG PARTNERSHIPS WITH UTILITY COMPANIES AND PUBLIC AGENCIES, CHN HAS BECOME ONE OF NORTHEAST OHIO'S LARGEST ENERGY CONSERVATION AND...
ENERGY CONSERVATION & WEATHERIZATION:THROUGH DECADES-LONG PARTNERSHIPS WITH UTILITY COMPANIES AND PUBLIC AGENCIES, CHN HAS BECOME ONE OF NORTHEAST OHIO'S LARGEST ENERGY CONSERVATION AND WEATHERIZATION PROVIDERS. CURRENTLY, WE PROVIDE NEARLY $18 MILLION IN ENERGY-EFFICIENT PRODUCTS AND SERVICES ANNUALLY (INCLUDING WEATHERIZATION AND ELECTRIC, WATER, AND SEWER CONSERVATION) TO HELP MAKE HOMES SAFER AND MORE AFFORDABLE. REDUCING THE COST OF UTILITIES AND, BY EXTENSION, THE CONSUMPTION OF ENERGY AND THE RESULTING CARBON FOOTPRINT OF THOUSANDS OF LMI RESIDENTS EACH YEAR, IS A HIGH PRIORITY AND LONG- TERM STRATEGIC FOCUS OF CHN. TO MOVE THE NEEDLE IN THIS AREA, CHN COMPLETES THOUSANDS OF ENERGY CONSERVATION JOBS FOR LOW- TO MODERATE-INCOME (LMI) HOUSEHOLDS ANNUALLY. THIS INCLUDES THE REMOVAL AND REPLACEMENT OF HVAC TO INCREASE ENERGY EFFICIENCY AND TO BOTH REDUCE THE VOLUME OF PARTICULATES IN AND IMPROVE THE QUALITY OF THE AIR IN PEOPLE'S HOMES. THE WORK ALSO INCLUDES HOME INSULATION AND OTHER WEATHERIZATION MEASURES SUCH AS WEATHER STRIPPING, CAULK, AIR SEALING, AND ENERGY CONSERVATION MEASURES INCLUDING LIGHT BULB INSTILLATION, METER OF REFRIGERATOR AND/OR FREEZER, REPLACEMENT OF HIGH USE REFRIGERATOR AND/OR FREEZER AND CLIENT EDUCATION. IN 2023, CHN COMPLETED 5,491 JOBS IN A 22-COUNTY AREA.
TRAINING & EDUCATION:CHN OPERATES ONE OF THE REGION'S HIGHER-CAPACITY COMMUNITY RESOURCE CENTERS, TEACHING FINANCIAL AND DIGITAL LITERACY, ENHANCING EMPLOYMENT SKILLS, AND PREPARING CLIENTS TO...
TRAINING & EDUCATION:CHN OPERATES ONE OF THE REGION'S HIGHER-CAPACITY COMMUNITY RESOURCE CENTERS, TEACHING FINANCIAL AND DIGITAL LITERACY, ENHANCING EMPLOYMENT SKILLS, AND PREPARING CLIENTS TO PURCHASE AND MAINTAIN THEIR HOMES THROUGH OUR FINANCIAL MOBILITY PROGRAM. OUR FINANCIAL MOBILITY COUNSELORS ARE CERTIFIED AND HUD-APPROVED AND FOLLOW THE NATIONAL STANDARDS FOR HOMEOWNERSHIP COUNSELING. IN 2023, 3,358 INDIVIDUALS RECEIVED HOUSING COUNSELING AND EDUCATION THROUGH CHN. 318 LEASE PURCHASE RESIDENTS RECEIVED FINANCIAL COUNSELING AND COACHING TO IMPROVE THEIR FINANCIAL HEALTH, WHICH INCLUDE INCREASING SAVINGS, IMPROVING CREDIT SCORES, AND BUILDING ASSET PRODUCTS. ANOTHER 425 HOUSEHOLDS THAT WERE EITHER AT RISK OF OR CURRENTLY IN PROPERTY TAX FORECLOSURE WERE BROUGHT CURRENT ON THEIR PROPERTY TAXES. ALSO IN 2023, CHN ADMINISTERED UTILITY ASSISTANCE PROGRAMS THAT PROCESSED 51,385 CASES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $57,477,162 | $96,765,615 | -0.4% |
| Expenses | $57,073,302 | $95,464,098 | -0.4% |
| Net Income | $403,860 | $1,301,517 | -0.7% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CHRIS WARREN | TRUSTEE/CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| CAROLYNN GALLOWAY | TRUSTEE/VICE CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| SAHNARA HENDRIX-ARNEY | TRUSTEE/SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JIM POZNIK | TRUSTEE/TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| CAROLINE PEAK | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| CATHRYN GREENWALD | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| CHERI SMITH | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| DAN LAST | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| DAVID RONEY | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| DENISE CASINO | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| GARY SARDON | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| KATHY HEXTER | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| KRUME STOJANOVSKI | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| LORETTA HUNTER | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL SERING | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| MIKE GRIFFIN | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| NICK DISANTO | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| PETER MEISEL | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| REV JIMMY GATES SR | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| SERONICA POWELL | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| TERRELL SANDERS | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| KEVIN J NOWAK | PRESIDENT AND CEO | 40.00 |
Officer
|
$250,697 | $55,466 | $306,163 |
| MARY SMIGELSKI | CHIEF FINANCIAL OFFICER | 40.00 |
Officer
|
$211,448 | $52,336 | $263,784 |
| PATRICK KENNEY | CHIEF OPERATING OFFICER | 40.00 |
Officer
|
$190,194 | $39,854 | $230,048 |
| JANET REED-JAMES | CHIEF HUMAN RESOURCE OFFIC | 40.00 |
Officer
|
$178,734 | $63,060 | $241,794 |
| JOHN MILLER | CHIEF IMPLEMENTATION OFFIC | 40.00 |
Officer
|
$173,108 | $23,977 | $197,085 |
| MARK WHIPKEY | CHIEF OF ASSET MANAGEMENT | 40.00 |
Officer
|
$201,066 | $56,926 | $257,992 |
| JOE HALL | VICE PRESIDENT/REAL ESTATE | 40.00 |
Highest
|
$185,648 | $37,323 | $222,971 |
| JASON HEADEN | VICE PRESIDENT/DETROIT MAR | 40.00 |
Highest
|
$165,547 | $4,958 | $170,505 |
| KATE CARDEN | VICE PRESIDENT/PROGRAMS | 40.00 |
Highest
|
$155,340 | $8,057 | $163,397 |
| CHERYL MCHALLAM | REAL ESTATE DEVELOPMENT MANAGER | 40.00 |
Highest
|
$150,500 | $1,317 | $151,817 |
| JUSTIN FLEMING | VICE PRESIDENT/SINGLE-FAMILY PRESERVATION | 40.00 |
Highest
|
$144,710 | $48,353 | $193,063 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $57,477,162 | $57,073,302 | $89,144,274 | $403,860 |
| 2022 | $96,765,615 | $95,464,098 | $94,453,168 | $1,301,517 |
| 2021 | $91,427,214 | $88,247,595 | $74,492,798 | $3,179,619 |
| 2020 | $51,201,852 | $48,298,403 | $69,344,591 | $2,903,449 |
| 2019 | $34,094,906 | $35,392,766 | $60,325,844 | $-1,297,860 |
| 2018 | $34,142,545 | $34,050,040 | $64,545,346 | $92,505 |
Compare CHN HOUSING PARTNERS with other nonprofits in Ohio and across the country.