Community Housing Partners Corporation

EIN: 541023025 501(c)(3)

CHRISTIANSBURG, VA

Total Revenue
$90,285,851
Total Expenses
$93,969,633
Total Assets
$219,120,501
Net Assets
$95,199,935
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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
VA
Phone
5403822002
Tax Period
2024-01-01 to 2024-12-31

COMMUNITY HOUSING PARTNERS CORPORATION, founded in 1974, is a mid-sized nonprofit that reported $51.1M in total revenue in fiscal year 2018. Revenue fell 26% from the prior year — a significant decline worth monitoring.

Mission

CHP PROVIDES HOUSING OPPORTUNITIES AND RELATED SERVICES TO INDIVIDUALS OF LOW-WEALTH IN THE U.S. OUR SERVICES INCLUDE THE DEVELOPMENT, CONSTRUCTION, PRESERVATION, WEATHERIZATION AND/OR MANAGEMENT OF HEALTHY AND SUSTAINABLE, AFFORDABLE HOUSING STOCK. CHP ALSO DELIVERS HOMEOWNERSHIP AND RESIDENT SERVICES THAT PROMOTE FINANCIAL LITERACY AND SUSTAINABILITY. IN ADDITION, WE OFFER EDUCATION AND TRAINING IN ENERGY AND CONSERVATION PRACTICES, WEATHERIZATION AND GREEN BUILDING. CHP WORKS EACH YEAR WITH THOUSANDS OF INDIVIDUALS AND FAMILIES, BUILDING PROFESSIONALS, HOMEOWNERS, AND OTHER PEOPLE IN NEED OF ASSISTANCE.

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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 $26,276,726
Program Service Revenue $61,617,629
Investment Income $2,227,695
Other Revenue $163,801
TOTAL REVENUE $90,285,851

Expense Breakdown

Grants Paid $0
Salaries & Benefits $22,705,489
Fundraising Expenses $300,712
Program Expenses $78,796,984
Other Expenses $71,264,144
TOTAL EXPENSES $93,969,633

Year-over-Year Comparison

2024 2023 Change
Revenue $90,285,851 $84,631,393 +0.1%
Expenses $93,969,633 $87,631,906 +0.1%
Net Income $-3,683,782 $-3,000,513 +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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Governance

Voting Members
9
Independent Members
9
Employees
534
Volunteers
2442

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
$1,228,708
Total Directors
9
$0
Key Employees
3
$767,685
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ana Castilla Vice Chair 1.0
Director
$0 $0 $0
Charles Famuliner Past Chair 1.0
Director
$0 $0 $0
Deborah Sherman Lee Member 1.0
Director
$0 $0 $0
Harold Nassau Member 1.0
Director
$0 $0 $0
John Randolph Member 1.0
Director
$0 $0 $0
Nathan Kerr Member 1.0
Director
$0 $0 $0
Racquel Reddie Board Chair 1.0
Director
$0 $0 $0
Shawn McMahon Member 1.0
Director
$0 $0 $0
Susan Sisk Member 1.0
Director
$0 $0 $0
J Andy Hall Chief Operating Officer 40.0
Officer
$343,506 $39,583 $383,089
Jeffrey Reed CEO/President 40.0
Officer
$445,371 $59,710 $505,081
Lance Sutherland EVP/CFO 40.0
Officer
$278,113 $62,425 $340,538
Andy Davenport Vice President 40.0
Key Emp
$236,276 $26,310 $262,586
Mark Jackson Vice President 40.0
Key Emp
$215,183 $53,464 $268,647
Shaun Rai Senior Vice President 40.0
Key Emp
$185,524 $50,928 $236,452
Angie Roberts Dobbins Vice President 40.0
Highest
$173,753 $24,497 $198,250
Eric Chapman General Counsel 40.0
Highest
$202,764 $51,520 $254,284
Kim Strahm Vice President 40.0
Highest
$166,545 $23,372 $189,917
Laura Croft Vice President 40.0
Highest
$163,744 $33,428 $197,172
Todd Collins Assistant Vice President 40.0
Highest
$171,352 $29,790 $201,142
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 $90,285,851 $93,969,633 $219,120,501 $-3,683,782
2023 $84,631,393 $87,631,906 $205,088,010 $-3,000,513
2022 $72,240,138 $74,238,964 $210,920,103 $-1,998,826
2021 $87,907,515 $63,943,408 $210,530,324 $23,964,107
2020 $50,238,321 $50,451,685 $191,796,769 $-213,364
2019 $47,009,086 $46,257,431 $176,845,940 $751,655
2018 $51,052,675 $53,970,449 $154,260,705 $-2,917,774
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