COMMUNITY HOUSING ALTERNATIVES INC

EIN: 581475671 501(c)(3)

CHAPEL HILL, NC

Total Revenue
$266,963
Total Expenses
$243,651
Total Assets
$394,494
Net Assets
$-234,651
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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
1982
Legal Domicile
NC
Principal Officer
DIANE MCARTHUR
Phone
3367241000
Tax Period
2024-01-01 to 2024-12-31

COMMUNITY HOUSING ALTERNATIVES INC, founded in 1982, is a small nonprofit that reported $267K in total revenue in fiscal year 2024. Expenses of $244K left a modest 9% surplus.

Mission

TO PROVIDE HOUSING AND RELATED SERVICES TO QUALIFIED ELDERLY PERSONS THROUGH PROGRAMS SUPERVISED AND SUBSIDIZED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD).

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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 $184,857
Program Service Revenue $81,943
Investment Income $163
Other Revenue $0
TOTAL REVENUE $266,963

Expense Breakdown

Grants Paid $0
Salaries & Benefits $35,924
Fundraising Expenses $0
Program Expenses $174,300
Other Expenses $207,727
TOTAL EXPENSES $243,651

Year-over-Year Comparison

2024 2023 Change
Revenue $266,963 $252,110 +0.1%
Expenses $243,651 $241,836 +0.0%
Net Income $23,312 $10,274 +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
5
Independent Members
5
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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DIANE MCARTHUR PRESIDENT 1.00
Officer Director
$0 $0 $0
RICHARD DUCKER VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
KENDALL MCMILLAN SECRETARY 1.00
Officer Director
$0 $0 $0
MICHELLE LYTLE BOARD MEMBER 1.00
Director
$0 $0 $0
MEREDITH S SMITH 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 $266,963 $243,651 $394,494 $23,312
2023 $252,110 $241,836 $444,813 $10,274
2022 $248,038 $211,304 $457,298 $36,734
2021 $244,998 $222,636 $451,867 $22,362
2020 $232,201 $211,097 $459,191 $21,104
2019 $232,157 $199,350 $395,853 $32,807
2018 $228,453 $215,274 $387,350 $13,179
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