COMMUNITY HOUSING INITIATIVE INC

EIN: 352036890 501(c)(3) Housing & Shelter

WHITESTOWN, IN

Total Revenue
$974,113
Total Expenses
$1,066,567
Total Assets
$1,726,802
Net Assets
$-1,335,924
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
IN
Principal Officer
MITCHELL L WALTERS
Phone
3178344756
Tax Period
2022-11-01 to 2023-10-31

COMMUNITY HOUSING INITIATIVE INC, founded in 1998, is a small nonprofit in the Housing & Shelter sector that reported $974K in total revenue in fiscal year 2022. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

AFFORDABLE HOUSING - SEE PART III LINE 1 FOR MISSION STATEMENT.

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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 (2022)

Revenue Breakdown

Contributions & Grants $484,464
Program Service Revenue $482,293
Investment Income $1,366
Other Revenue $5,990
TOTAL REVENUE $974,113

Expense Breakdown

Grants Paid $0
Salaries & Benefits $184,482
Fundraising Expenses $0
Program Expenses $862,774
Other Expenses $882,085
TOTAL EXPENSES $1,066,567

Year-over-Year Comparison

2022 2021 Change
Revenue $974,113 $901,699 +0.1%
Expenses $1,066,567 $942,564 +0.1%
Net Income $-92,454 $-40,865 +1.3%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MITCHELL L WALTERS PRESIDENT 2.00
Officer Director
$0 $0 $0
STEPHANIE J WALTERS SECRETARY 2.00
Officer Director
$0 $0 $0
STEVEN K WALTERS VP 2.00
Officer 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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $974,113 $1,066,567 $1,726,802 $-92,454
2022 $901,699 $942,564 $1,881,753 $-40,865
2021 $934,991 $900,093 $1,917,804 $34,898
2020 $952,097 $756,699 $1,927,101 $195,398
2019 $714,330 $758,963 $1,899,331 $-44,633
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