CHATHAM VILLAGE CHARITABLE TRUST

EIN: 466902443 501(c)(3) Arts, Culture & Humanities

Pittsburgh, PA

Total Revenue
$303,054
Total Expenses
$324,489
Total Assets
$41,164
Net Assets
$40,665
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
PA
Principal Officer
ELIZABETH HUFFMAN
Phone
4124314300
Tax Period
2024-01-01 to 2024-12-31

CHATHAM VILLAGE CHARITABLE TRUST, founded in 2013, is a small nonprofit in the Arts, Culture & Humanities sector that reported $303K in total revenue in fiscal year 2024. Revenue surged 92% from the prior year, signaling strong growth momentum.

Mission

TO PROTECT, PRESERVE, MAINTAIN AND ENHANCE THE STRUCTURES AND ENVIRONS OF THE CHATHAM VILLAGE HISTORIC DISTRICT, A GOVERNMENT CERTIFIED PROPERTY LISTED ON THE NATIONAL REGISTER OF HISTORIC PLACES AND NAMED A NATIONAL HISTORIC LANDMARK BY THE UNITED STATES DEPARTMENT OF THE INTERIOR, AND TO FOSTER PUBLIC AWARENESS AND EDUCATIONAL OPPORTUNITIES FOR ARTHITECT, PLANNERS, PRESERVATIONISTS, SCHOLARS AND STUDENTS.

Program Service Accomplishments

Program 1
Expenses: $323,948

IN FEBRUARY 2023, THE TRUST RETAINED PM CONTRACTING TO RESTORE THE HISTORIC STOREFRONTS IN THE SMALL COMMERCIAL AREA AT THE CORNER OF VIRGINIA AVE. AND BIGHAM ST. IN THE PITTSBURGH NEIGHBORHOOD OF...

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IN FEBRUARY 2023, THE TRUST RETAINED PM CONTRACTING TO RESTORE THE HISTORIC STOREFRONTS IN THE SMALL COMMERCIAL AREA AT THE CORNER OF VIRGINIA AVE. AND BIGHAM ST. IN THE PITTSBURGH NEIGHBORHOOD OF MT. WASHINGTON. THE CONTRACTOR WAS SELECTED BY PUBLIC BIDDING IN AUGUST, 2022. THE BUDGET WAS RAISED THROUGH GRANTS AWARDED BY THE PENNSYLVANIA DEPARTMENT OF COMMUNITY & ECONOMIC DEVELOPMENT WITH MATCHING AMOUNTS RAISED BY THE TRUST FROM RESIDENTS OF CHATHAM VILLAGE HOMES. WORK BEGAN IN SEPTEMBER 2023 AND WAS 50% COMPLETE BY THE END OF THE YEAR. THE SUMMER 2023 BUDGET IMPASSE IN THE PA LEGISLATURE CAUSED THE TRUST TO OBTAIN AND FULLY USE AN EMERGENCY LINE OF CREDIT TO FUND START-UP COSTS FOR THE RESTORATION PROJECT. THE CREDIT FACILITY WAS EXPENSIVE AND THE TRUST RAISED ADDITIONAL FUNDS FOR THE INTEREST COSTS. FINALLY, THE TRUST REIMBURSED THE CHATHAM VILLAGE CORPORATION FOR ADMINISTRATIVE AND ACCOUNTING SUPPORT FOR THE PROJECT AND OTHER REPORTING REQUIREMENTS.

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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 $303,054
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $303,054

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $323,948
Other Expenses $324,489
TOTAL EXPENSES $324,489

Year-over-Year Comparison

2024 2023 Change
Revenue $303,054 $157,927 +0.9%
Expenses $324,489 $150,507 +1.2%
Net Income $-21,435 $7,420 -3.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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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
5
Independent Members
3
Employees
N/A
Volunteers
5

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
5
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIZABETH HUFFMAN PRESIDENT 1.00
Officer Director
$0 $0 $0
JOE MASSARELLI VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JAMES DENOVA ASST.SECT/TREASURER 1.00
Officer Director
$0 $0 $0
JASON ROTH SECRETARY 1.00
Officer Director
$0 $0 $0
JACK GRATER TREASURER 1.00
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 $303,054 $324,489 $41,164 $-21,435
2023 $157,927 $150,507 $62,100 $7,420
2022 $45,656 $20,675 $54,980 $24,981
2021 $29,805 $4,348 $29,699 $25,457
2020 $1,350 $5,351 $4,242 $-4,001
2019 $45,190 $66,879 $83,243 $-21,689
2018 $255,182 $230,202 $80,446 $24,980
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