CHA COMMUNITY SUPPORT CORPORATION (EIN 824726350) - Form 990 Financial Analysis & Trantor Score

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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

2018

Legal Domicile

Principal Officer

RISHAB MEHAN

Phone

3129137656

Tax Period

2024-01-01 to 2024-12-31

CHA COMMUNITY SUPPORT CORPORATION, founded in 2018, is a small nonprofit in the Housing & Shelter sector that reported $331K in total revenue in fiscal year 2024. Revenue surged 128% from the prior year, signaling strong growth momentum. Expenses of $507K exceeded revenue, resulting in a 53% operating deficit.

Mission

CHACSC was organized to lessen the burdens of government on the City of Chicago and the Chicago Housing Authority; provide relief to the poor, the distressed, and the underprivledged; promote the health and social welfare of communities; and, for the rehabilitation, construction, and development of affordable housing.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $155,938

Program Service Revenue $120,037

Investment Income $26,964

Other Revenue $28,429

TOTAL REVENUE $331,368

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $351,024

Other Expenses $506,962

TOTAL EXPENSES $506,962

Year-over-Year Comparison

	2024	2023	Change
Revenue	$331,368	$145,360	+1.3%
Expenses	$506,962	$369,999	+0.4%
Net Income	$-175,594	$-224,639	-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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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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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	Role	Reportable Comp	Other Comp	Total
ANN MCKENZIE	FORMER PRESIDENT		$0	$39,528	$210,366
GHIAN FOREMAN	Director	Director	$0	$0	$0
DANITA CHILDERS	Director	Director	$0	$0	$0
STACIE YOUNG	Director	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	$331,368	$506,962	$26,628,310	$-175,594
2023	$145,360	$369,999	$26,803,904	$-224,639
2022	$121,183	$383,379	$27,028,230	$-262,196
2021	$748,616	$397,577	$27,276,426	$351,039
2020	$175,886	$829,764	$26,673,254	$-653,878
2019	$3,727,638	$888,959	$29,943,194	$2,838,679

CHA COMMUNITY SUPPORT CORPORATION