CHIARA COMMUNITIES INC

🔒

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

Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

Glen Choban

Phone

2627981224

Tax Period

2025-01-01 to 2025-12-31

CHIARA COMMUNITIES INC, founded in 2015, is a mid-sized nonprofit in the Housing & Shelter sector that reported $40.8M in total revenue in fiscal year 2025. Expenses of $39.3M left a modest 4% surplus.

Mission

The mission of Chiara Communities, Inc is to provide affordable housing and care to at risk populations, mainly targeted to those experiencing the aging process.

Program Service Accomplishments

Program 1

Provide senior housing and care

🔒

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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $40,463,286

Investment Income $374,195

Other Revenue $0

TOTAL REVENUE $40,837,481

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,190,574

Fundraising Expenses $0

Program Expenses $32,874,048

Other Expenses $26,128,756

TOTAL EXPENSES $39,319,330

Year-over-Year Comparison

	2025	2024	Change
Revenue	$40,837,481	$39,347,817	+0.0%
Expenses	$39,319,330	$37,963,313	+0.0%
Net Income	$1,518,151	$1,384,504	+0.1%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Glen Choban	President/Director	5.00	Officer Director	$0	$0	$0
Russell McMinn	Treasurer/Director	5.00	Officer Director	$0	$0	$0
Ricardo Diaz	Director	5.00	Director	$0	$0	$0
Jerry Neary	Director	5.00	Director	$0	$0	$0
Marianne Raymonds	Director	5.00	Director	$0	$0	$0
Fr Timothy Kitzke	Director	5.00	Director	$0	$0	$0
John Yentz	Director	5.00	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
2025	$40,837,481	$39,319,330	$154,265,901	$1,518,151
2024	$39,347,817	$37,963,313	$154,491,888	$1,384,504
2023	$36,150,053	$36,093,099	$156,016,860	$56,954
2022	$33,108,780	$34,388,287	$157,879,032	$-1,279,507
2021	$29,629,551	$31,620,356	$161,636,089	$-1,990,805
2020	$32,047,611	$42,445,616	$165,701,063	$-10,398,005
2019	$29,809,025	$31,544,983	$166,919,222	$-1,735,958