CHARLOTTESVILLE PUBLIC HOUSING ASSOCIATION OF RESIDENTS INC

EIN: 541923243 501(c)(3) Housing & Shelter

CHARLOTTESVILLE, VA

Total Revenue
$498,881
Total Expenses
$377,583
Total Assets
$485,569
Net Assets
$470,244
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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)

Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
VA
Principal Officer
JOY JOHNSON
Phone
4349843255
Tax Period
2024-01-01 to 2024-12-31

CHARLOTTESVILLE PUBLIC HOUSING ASSOCIATION OF RESIDENTS INC, founded in 1998, is a small nonprofit in the Housing & Shelter sector that reported $499K in total revenue in fiscal year 2024. Revenue surged 88% from the prior year, signaling strong growth momentum. The organization ran a surplus of $121K, a strong 24% operating margin.

Mission

TO EDUCATE AND EMPOWER LOW-INCOME RESIDENTS TO PROTECT AND IMPROVE OUR OWN COMMUNITIES THROUGH COLLECTIVE ACTION. PHAR HAS A RECOGNIZED FEDERAL MANDATE TO REPRESENT RESIDENTS IN ALL ASPECTS OF CHARLOTTESVILLE REDEVELOPMENT & HOUSING AUTHORITY OPERATIONS. WE DO THIS THROUGH COMMUNITY ORGANIZING, AN INTERNSHIP PROGRAM AND ADVOCACY AND REFERRALS.

Program Service Accomplishments

Program 1
Expenses: $152,684

PHAR IS DEEPLY ENGAGED IN THE REDEVELOPMENT OF PUBLIC HOUSING IN CHARLOTTESVILLE BY DEVELOPING AND IMPLEMENTING "POSITIVE VISION FOR RESIDENT DIRECTED REDEVELOPMENT," A RESIDENT FOCUSED PLAN FOR THE...

Read more

PHAR IS DEEPLY ENGAGED IN THE REDEVELOPMENT OF PUBLIC HOUSING IN CHARLOTTESVILLE BY DEVELOPING AND IMPLEMENTING "POSITIVE VISION FOR RESIDENT DIRECTED REDEVELOPMENT," A RESIDENT FOCUSED PLAN FOR THE EVENTUAL REDEVELOPMENT OF PUBLIC HOUSING. PHAR HOLDS WORKSHOPS AND INFORMATION SESSIONS, EDUCATES THE PUBLIC HOUSING COMMUNITY ON CURRENT ACTIVITIES REGARDING REDEVELOPMENT AND DEVELOPMENT OF CHARLOTTESVILLE HOUSING AUTHORITY PROPERTIES, PARTICIPATES ON COMMITTEES AND IN MEETINGS WITH DECISION MAKERS, AND SERVES DIRECTLY AS A DECISION MAKER BY AGREEMENT WITH THE HOUSING AUTHORITY AND REDEVELOPMENT PARTNERS. PHAR SEEKS TO REALIZE REDEVELOPMENT UNDER RESIDENT DIRECTION WHICH WILL PROVIDE A GREATER QUALITY OF LIFE, A FINANCIALLY STABLE HOUSING AUTHORITY, MAXIMIZED JOB OPPORTUNITIES BROUGHT FORTH FROM REDEVELOPMENT PROJECTS, AND EXPANSION OF AFFORDABLE HOUSING OPPORTUNITIES FOR THE CHARLOTTESVILLE COMMUNITY.

Program 2
Expenses: $84,912

THE PHAR INTERNSHIP PROGRAM SELECTS RESIDENTS OF PUBLIC HOUSING TO LEARN ABOUT POLICY, BUILD SKILLS, ENGAGE IN COMMUNITY ORGANIZING AND DEVELOP LEADERSHIP SKILLS TO SUPPORT COMMUNITY IMPROVEMENTS...

Read more

THE PHAR INTERNSHIP PROGRAM SELECTS RESIDENTS OF PUBLIC HOUSING TO LEARN ABOUT POLICY, BUILD SKILLS, ENGAGE IN COMMUNITY ORGANIZING AND DEVELOP LEADERSHIP SKILLS TO SUPPORT COMMUNITY IMPROVEMENTS. INTERNS RECEIVE TRAINING FUNDS FOR UP TO 10 HOURS OF WORK PER WEEK IN THE 6 MONTH PROGRAM. GRADUATES OF THE PROGRAM RECEIVE CERTIFICATES OF COMPLETION AT A COMMENCEMENT CEREMONY. THE PROGRAM HAS BEEN RUNNING SINCE 1999 AND HAS GRADUATED OVER 84 RESIDENTS TO DATE.

Program 3
Expenses: $90,778

RESIDENTS FOR RESPECTFUL RESEARCH; TO ASSURE THAT PUBLIC HOUSING RESIDENTS UNDERSTAND, HAVE INPUT TO, AND BENEFIT FROM RESEARCH CONDUCTED ON/WITH PUBLIC HOUSING RESIDENTS.

🔒

Trantor Score

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)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $482,491
Program Service Revenue $0
Investment Income $16,390
Other Revenue $0
TOTAL REVENUE $498,881

Expense Breakdown

Grants Paid $0
Salaries & Benefits $310,413
Fundraising Expenses $9,137
Program Expenses $328,374
Other Expenses $67,170
TOTAL EXPENSES $377,583

Year-over-Year Comparison

2024 2023 Change
Revenue $498,881 $266,067 +0.9%
Expenses $377,583 $360,365 +0.0%
Net Income $121,298 $-94,298 -2.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Governance

Voting Members
7
Independent Members
7
Employees
33
Volunteers
N/A

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
2
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOY JOHNSON CHAIR 1.00
Officer Director
$0 $0 $0
AUDREY OLIVER TREASURER 1.00
Officer Director
$0 $0 $0
HARRIET CARTER BOARD MEMBER 1.00
Director
$0 $0 $0
ANGIE CARR BOARD MEMBER 1.00
Director
$0 $0 $0
EARL HICKS BOARD MEMBER 1.00
Director
$0 $0 $0
DONNA DEAN BOARD MEMBER 1.00
Director
$0 $0 $0
WADE LEWIS BOARD MEMBER 1.00
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
2024 $498,881 $377,583 $485,569 $121,298
2023 $266,067 $360,365 $355,007 $-94,298
2022 $255,617 $315,118 $450,383 $-59,501
2021 $324,436 $314,497 $442,709 $9,939
2020 $538,631 $344,859 No data $193,772
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare CHARLOTTESVILLE PUBLIC HOUSING ASSOCIATION OF RESIDENTS INC with other nonprofits in Virginia and across the country.