Totals
- Total revenue
- $2,004,491
- Total expenses
- $481,453
- Contributions and grants received
- $1,937,085
- Grants paid
- $58,694
- Program service revenue
- $6,611
- Investment income
- $2,846
- Other revenue
- $57,949
- Total assets, end of year
- $17,040,833
- Total liabilities, end of year
- $11,039,307
- Net assets or fund balances, end of year
- $6,001,526
- Program services expenses (Part IX)
- $217,115
- Management and general expenses
- $264,338
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $217,115
Program services were 45.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$1,765,760
-
1f · All other contributions, gifts and grants
$171,325
-
1g · Noncash contributions included above
$1,340,000
-
2a · Program service revenue: GROUND LEASE FEES
total $6,611 · unrelated business $0 · excluded $0
-
3 · Investment income
total $2,846 · unrelated business $0 · excluded $0
-
6a · Gross rents
real property $31,352
-
6c · Rental income or loss
real property $31,352
-
6d · Net rental income or loss
total $31,352 · related or exempt $31,352
-
11d · All other revenue
total $26,597 · related or exempt $26,597 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$26,597
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $47,694 · program services $47,694
-
2 · Grants to domestic individuals
total $11,000 · program services $11,000
-
7 · Other salaries and wages
total $124,889 · program services $5,021 · management and general $119,868 · fundraising $0
-
9 · Other employee benefits
total $17,730 · program services $560 · management and general $17,170 · fundraising $0
-
10 · Payroll taxes
total $9,091 · program services $388 · management and general $8,703 · fundraising $0
-
11a · Fees: management
total $1,009 · program services $0 · management and general $1,009 · fundraising $0
-
11b · Fees: legal
total $18,204 · program services $53 · management and general $18,151 · fundraising $0
-
11c · Fees: accounting
total $40,166 · program services $0 · management and general $40,166 · fundraising $0
-
11g · Fees: other
total $37,633 · program services $23,348 · management and general $14,285 · fundraising $0
-
12 · Advertising and promotion
total $3,593 · program services $700 · management and general $2,893 · fundraising $0
-
13 · Office expenses
total $11,671 · program services $194 · management and general $11,477 · fundraising $0
-
14 · Information technology
total $3,655 · program services $305 · management and general $3,350 · fundraising $0
-
16 · Occupancy
total $14,688 · program services $10,066 · management and general $4,622 · fundraising $0
-
19 · Conferences, conventions and meetings
total $91 · program services $0 · management and general $91 · fundraising $0
-
20 · Interest
total $16,411 · program services $16,411 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $6,130 · program services $6,130 · management and general $0 · fundraising $0
-
23 · Insurance
total $12,986 · program services $380 · management and general $12,606 · fundraising $0
-
24a · Other expenses: PERMITS & LICENSES
total $10 · program services $0 · management and general $10 · fundraising $0
-
24b · Other expenses: PROFESSIONAL DEVELOPMENT
total $10,077 · program services $140 · management and general $9,937 · fundraising $0
-
24c · Other expenses: REPAIRS & MAINTE
total $85,275 · program services $85,275 · management and general $0 · fundraising $0
-
24d · Other expenses: PROJECT OSSR
total $9,450 · program services $9,450 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,972,566 · end of year $1,451,259
-
4 · Accounts receivable
beginning of year $25,758 · end of year $11,978
-
9 · Prepaid expenses and deferred charges
end of year $9,210
-
10a · Land, buildings and equipment: cost or other basis
$168,563
-
10b · Land, buildings and equipment: accumulated depreciation
$32,331
-
10c · Land, buildings and equipment, net
beginning of year $732,761 · end of year $136,232
-
15 · Other assets
beginning of year $5,112,526 · end of year $15,432,154
-
17 · Accounts payable and accrued expenses
beginning of year $296,767 · end of year $125,574
-
19 · Deferred revenue
beginning of year $2,000,000 · end of year $788,306
-
23 · Secured mortgages and notes payable
beginning of year $2,371,796 · end of year $10,001,568
-
24 · Unsecured notes and loans payable
end of year $4,968
-
25 · Other liabilities
beginning of year $34,141 · end of year $118,891
-
27 · Net assets without donor restrictions
beginning of year $3,140,907 · end of year $6,001,526
Mission and programs · 2024
Mission
THE CHAFFEE HOUSING TRUST IS COMMITTED TO PROMOTING RESPONSIBLE COMMUNITY DEVELOPMENT BY PROVIDING AFFORDABLE AND SUSTAINABLE HOME OWNERSHIP AND RENTALS TO QUALIFYING RESIDNETS
Activities or mission (Part I)
PROVIDE AFFORDABLE HOME OWNERSHIP AND RENTAL OPPORTUNITIES TO INDIVIDUALS, FAMILIES, AND HOUSEHOLDS EARNING BELOW CERTAIN PERCENTAGES (80%, 60%, & 120%) OF THE AREA MEDIAN INCOME
-
PROVIDE AFFORDABLE HOME OWNERSHIP AND RENTAL OPPORTUNITIES TO INDIVIDUALS, FAMILIES AND HOUSEHOLDS EARNING BELOW CERTAIN PERCENTAGES (80%, 50% & 120%) OF THE AREA MEDIAN INCOME
Expenses $217,115 · Grants $11,000 · Revenue $31,352
As filed on the 2024 return.
Listed in Part VII
-
Ken MatthewsKEN MATTHEWS
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5
-
Cheryl Kovacic-BrownCHERYL KOVACIC-BROWN
VICE-PRESIDNET
- Total calculated
- $0
- Hours/week
- 0.5
-
Rachel WoolworthRACHEL WOOLWORTH
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
Eileen RogersEILEEN ROGERS
TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
-
Keith BakerKEITH BAKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Savanna KlimeshSAVANNA KLIMESH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Alex RestrepoALEX RESTREPO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Christine EngleCHRISTINE ENGLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Christian Luna-LealCHRISTIAN LUNA-LEAL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Keith Read McCullochKEITH READ MCCULLOCH
EXECUTIVE DIRECTOR
- Total calculated
- $114,503
- From this org
- $114,503
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Earl PfeifferEARL PFEIFFER
ADVISORY BOARD
- Total calculated
- $0
- Hours/week
- 0.5
-
Don StephensDON STEPHENS
ADVISORY BOARD
- Total calculated
- $0
- Hours/week
- 0.5
-
Greg FolletGREG FOLLET
ADVISORY BOARD
- Total calculated
- $0
- Hours/week
- 0.5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
CENTRAL COLORADO TITLE AND ESCROW
$11,000
HOME DOWNPAYMENT
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 11 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503159349305355
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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