CS COMMUNITY HOUSING INC

EIN: 934705469 501(c)(3) Housing & Shelter

HAVERFORD, PA

Total Revenue
$2,972,528
Total Expenses
$7,327,226
Total Assets
$33,691,737
Net Assets
$-6,887,780
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
CO
Principal Officer
DAVE FOSTER
Phone
8778295500
Tax Period
2025-01-01 to 2025-12-31

CS COMMUNITY HOUSING INC, founded in 2023, is a community nonprofit in the Housing & Shelter sector that reported $3.0M in total revenue in fiscal year 2025. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $7.3M exceeded revenue, resulting in a 146% operating deficit.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO, DIRECTLY OR INDIRECTLY, WORK TO SOLVE HOMELESSNESS IN THE UNITED STATES AMONG VETERANS AND OTHERS THROUGH THE ACQUISITION, HOLDING, OPERATION, TRANSFER, SALE, EXCHANGE, OR OTHER DISPOSITION OF LIVING FACILITIES DEDICATED IN PART TO VETERANS AND OTHERS EXITING HOMELESSNESS AND THAT OTHERWISE QUALIFY AS AFFORDABLE HOUSING.

Program Service Accomplishments

Program 1
Expenses: $6,895,469 Revenue: $2,800,152

THE ORGANIZATION WILL ACQUIRE AND OWN VARIOUS MULTIFAMILY COMMUNITIES WITH AN ANTICIPATED HOLDING PERIOD OF 10 YEARS FOR EACH COMMUNITY. THE ORGANIZATION'S FIRST PROPERTY, THE PARK AT FERENTINO, WAS...

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THE ORGANIZATION WILL ACQUIRE AND OWN VARIOUS MULTIFAMILY COMMUNITIES WITH AN ANTICIPATED HOLDING PERIOD OF 10 YEARS FOR EACH COMMUNITY. THE ORGANIZATION'S FIRST PROPERTY, THE PARK AT FERENTINO, WAS ACQUIRED IN DECEMBER OF 2023 AND INCLUDES APPROXIMATELY 216 UNITS. CURRENTLY 177 OF 216 UNITS ARE OCCUPIED, AND THERE ARE A NUMBER OF UNITS THAT ARE CURRENTLY PRE-LEASED RIGHT NOW AS WELL. ALL RESIDENTS WILL RENT HOUSING, AND THERE WILL BE NONE AVAILABLE FOR PURCHASE. AFTER ACQUISITION OF A FACILITY, UP TO FIFTY PERCENT OF VACANT UNITS AT EACH HOUSING SITE WILL BE LEASED TO VETERANS AND OTHER INDIVIDUALS EXPERIENCING HOMELESSNESS WHO HAVE BEEN IDENTIFIED, IN PARTNERSHIP WITH THE VA AND LOCAL HOUSING SYSTEM COUNTERPARTS IN THE COMMUNITY, AS INDIVIDUALS WITHIN THE COMMUNITY'S COORDINATED HOMELESSNESS RESPONSE SYSTEM OR ON ITS BY-NAME (HOMELESS INDIVIDUALS) LIST. UNIT AVAILABILITY WILL BE PROVIDED ON A WEEKLY OR BI-WEEKLY BASIS TO THE LOCAL VA AND/OR CONTINUUM OF CARE PARTNERS. THIS PROCESS IS FOLLOWED UNTIL A GIVEN PROPERTY REACHES AN UP-TO 50/50 MIX OF VETERANS AND OTHERS WHO HAVE RECENTLY EXITED HOMELESSNESS AND WORKFORCE AFFORDABLE UNITS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $86,587
Program Service Revenue $2,729,683
Investment Income $3,673
Other Revenue $152,585
TOTAL REVENUE $2,972,528

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $6,895,469
Other Expenses $7,327,226
TOTAL EXPENSES $7,327,226

Year-over-Year Comparison

2025 2024 Change
Revenue $2,972,528 $2,501,696 +0.2%
Expenses $7,327,226 $5,009,319 +0.5%
Net Income $-4,354,698 $-2,507,623 +0.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
2

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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALLYSON RANDOLPH DIRECTOR (OUTGOING) 2.00
Director
$0 $0 $0
DAVE FOSTER VP, TREASURER/DIRECTOR 2.00
Officer Director
$0 $0 $0
ROSANNE HAGGERTY DIRECTOR 2.00
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 $2,972,528 $7,327,226 $33,691,737 $-4,354,698
2024 No data No data No data No data
2023 $76,702 $102,161 $33,060,790 $-25,459
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