CFH Inc

EIN: 541121171 501(c)(3) Community Improvement

Manassas, VA

Total Revenue
$1,570,947
Total Expenses
$1,582,481
Total Assets
$6,093,625
Net Assets
$2,063,155
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
VA
Principal Officer
Luis Castillo
Phone
7032214510
Tax Period
2024-07-01 to 2025-06-30

CFH Inc, founded in 1979, is a community nonprofit in the Community Improvement sector that reported $1.6M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

CFH empowers individuals and families to successfully create a sustainable home in which they can achieve their goals and allow their children to build their dreams and reach their potentials.

Program Service Accomplishments

Program 1
Expenses: $785,588 Revenue: $794,066

Housing AffordabilityCFH began owning and managing rental properties in 2008; CFH owns 7 affordable dwelling units (ADUs) in Arlington, 2 in Fairfax, and 2 in Herndon. In addition, CFH owns 5...

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Housing AffordabilityCFH began owning and managing rental properties in 2008; CFH owns 7 affordable dwelling units (ADUs) in Arlington, 2 in Fairfax, and 2 in Herndon. In addition, CFH owns 5 workforce rental units in Fredericksburg. CFH tenants fall within the low to moderate income category. CFH also co-owns a 30-unit apartment complex in Fairfax. National Housing Trust is the managing partner. In January 2018, CFH purchased a mobile home park, which is providing homes to 56 households. The CFH rental program provides rental housing opportunities to approximately 400 individuals a year.

Program 2
Expenses: $62,007

Homeownership SuccessThe collaborative program of the Virginia Department of Housing and Community Development (DHCD) and Virginia Housing features a $1.5 million fund designed to help first-time...

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Homeownership SuccessThe collaborative program of the Virginia Department of Housing and Community Development (DHCD) and Virginia Housing features a $1.5 million fund designed to help first-time buyers become owners. ARS grantees will acquire homes with leveraged funding, renovate the homes with ARS funding and then resell the homes at fair market value. All activities funded through ARS will benefit individuals and families with income below 80 percent of the average median income (AMI).CFH is completing its twelfth year of administering the Virginia Department of Housing and Community Development's Down Payment Assistance Program providing assistance to first-time home buyers whose annual gross income does not exceed 80% of the area median income. Assistance is provided to eligible applicants in the counties of Prince William, Fairfax, Arlington and Loudoun.

Program 3
Expenses: $227,963

Healthy LivingIn the year ended June 30, 2023 CFH began the Dr. Melanie Rochon Bush Senior Emergency Assistance Program in Fairfax county, and a smaller program in Prince William County. The Fairfax...

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Healthy LivingIn the year ended June 30, 2023 CFH began the Dr. Melanie Rochon Bush Senior Emergency Assistance Program in Fairfax county, and a smaller program in Prince William County. The Fairfax county program is funded by the Fairfax consolidated funding pool and the Prince William program is funded through various funding sources and contributions. The program is intended to intervene, when possible, with those at risk of becoming homeless or having their sustainable housing threatened by financial emergencies. It is our intention to serve seniors over 62 and adults with disabilities with this program. This population tends to live on a fixed income (i.e., a social security check) which often makes them financially vulnerable. Due to age, illness, or disabilities they are unable to seek employment to help improve their financial wellbeing. By assisting when they are facing a financial crisis, we would likely help them avoid eviction and stabilize the household. We currently provide assistance for past due rent, utilities, and medical bills in Fairfax county and a smaller program in Prince William county.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $695,210
Program Service Revenue $857,384
Investment Income $34,200
Other Revenue $-15,847
TOTAL REVENUE $1,570,947

Expense Breakdown

Grants Paid $519,324
Salaries & Benefits $496,108
Fundraising Expenses $56,859
Program Expenses $1,205,178
Other Expenses $567,049
TOTAL EXPENSES $1,582,481

Year-over-Year Comparison

2024 2023 Change
Revenue $1,570,947 $1,369,749 +0.1%
Expenses $1,582,481 $1,357,067 +0.2%
Net Income $-11,534 $12,682 -1.9%
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
8
Independent Members
8
Employees
6
Volunteers
19

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
$158,768
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Luis Castillo President 2.00
Officer Director
$0 $0 $0
Harvey Plante Vice President 1.00
Officer Director
$0 $0 $0
Jerome Jones Jr Secretary 1.00
Officer Director
$0 $0 $0
Charles Einsmann Treasurer 2.00
Officer Director
$0 $0 $0
Christopher Daniels Director 1.00
Director
$0 $0 $0
Frank Muraca Director 1.00
Director
$0 $0 $0
April Haynes Director 1.00
Director
$0 $0 $0
Susan Hoffler-Goodman Director 1.00
Director
$0 $0 $0
George Davies Executive Director 40.00
Officer
$150,037 $8,731 $158,768
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 $1,570,947 $1,582,481 $6,093,625 $-11,534
2024 $1,369,749 $1,357,067 $6,330,199 $12,682
2023 $1,999,201 $1,333,622 $6,419,021 $665,579
2022 $1,344,330 $1,221,049 $5,806,371 $123,281
2021 $1,305,718 $1,113,952 $5,626,706 $191,766
2021 $1,305,718 $1,113,952 $5,626,706 $191,766
2020 $1,382,213 $1,260,216 $5,584,108 $121,997
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