Totals
- Total revenue
- $1,783,502
- Total expenses
- $391,625
- Contributions and grants received
- $694,147
- Grants paid
- $0
- Program service revenue
- $1,062,086
- Investment income
- $168
- Other revenue
- $27,101
- Total assets, end of year
- $5,504,188
- Total liabilities, end of year
- $1,958,828
- Net assets or fund balances, end of year
- $3,545,360
- Program services expenses (Part IX)
- $306,407
- Management and general expenses
- $85,218
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $306,407
Program services were 78.2% 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)
$485,875
-
1f · All other contributions, gifts and grants
$208,272
-
1g · Noncash contributions included above
$122,415
-
2a · Program service revenue: Ground Lease Fees
total $4,777 · related or exempt $4,777
-
2b · Program service revenue: Sales of Houses
total $1,057,309 · related or exempt $1,057,309
-
3 · Investment income
total $168 · related or exempt $168
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6a · Gross rents
real property $24,082
-
6c · Rental income or loss
real property $24,082
-
6d · Net rental income or loss
total $24,082 · related or exempt $24,082
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Misc Revenue
total $3,019 · related or exempt $3,019
-
11e · Other revenue, total
$3,019
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $154,317 · program services $121,008 · management and general $33,309
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $32,194 · program services $26,334 · management and general $5,860
-
10 · Payroll taxes
total $12,627 · program services $10,525 · management and general $2,102
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $3,655 · program services $2,186 · management and general $1,469
-
11c · Fees: accounting
total $26,615 · management and general $26,615
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $14,280 · program services $14,280
-
12 · Advertising and promotion
total $818 · program services $818
-
13 · Office expenses
total $2,420 · management and general $2,420
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $4,540 · program services $1,816 · management and general $2,724
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $3,308 · program services $798 · management and general $2,510
-
20 · Interest
total $52,226 · program services $52,226
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $19,201 · program services $19,201
-
23 · Insurance
total $37,091 · program services $32,288 · management and general $4,803
-
24a · Other expenses: Closing Costs
total $6,272 · program services $6,272
-
24b · Other expenses: Property Taxes
total $6,169 · program services $6,169
-
24c · Other expenses: Other Expenses
total $4,816 · program services $3,164 · management and general $1,652
-
24d · Other expenses: Association Dues & Expenses
total $3,524 · program services $3,524
-
24e · All other expenses
total $7,552 · program services $5,798 · management and general $1,754
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $0
-
2 · Savings and temporary cash investments
beginning of year $521,574 · end of year $651,367
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $156,384 · end of year $60,311
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $2,000
-
10a · Land, buildings and equipment: cost or other basis
$1,016,665
-
10b · Land, buildings and equipment: accumulated depreciation
$31,396
-
10c · Land, buildings and equipment, net
beginning of year $1,018,748 · end of year $985,269
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $2,742,442 · end of year $3,805,241
-
17 · Accounts payable and accrued expenses
beginning of year $11,464 · end of year $34,313
-
23 · Secured mortgages and notes payable
beginning of year $2,252,086 · end of year $1,900,371
-
25 · Other liabilities
beginning of year $22,115 · end of year $24,144
-
27 · Net assets without donor restrictions
beginning of year $2,124,533 · end of year $3,516,410
-
28 · Net assets with donor restrictions
beginning of year $28,950 · end of year $28,950
Mission and programs · 2022
Mission
THE CHAFFEE HOUSING TRUST IS COMMITTED TO PROMOTING RESPONSIBLE COMMUNITY DEVELOPMENT BY PROVIDING AFFORDABLE AND SUSTAINABLE HOME OWNERSHIP AND RENTALS TO QUALIFYING RESIDENTS.
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%, 60% & 120%) OF THE AREA MEDIAN INCOME.
Expenses $306,407
As filed on the 2022 return.
Listed in Part VII
-
Don Stephens
President
- Total calculated
- $0
- Hours/week
- 0.5
-
Ken Matthews
Vice President
- Total calculated
- $0
- Hours/week
- 0.5
-
Greg Follet
Treasurer
- Total calculated
- $0
- Hours/week
- 0.5
-
Savanna Klimesh
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Alex Restrepo
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Cheryl Kovacic-Brown
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Christine Engle
Director
- 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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 6 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333109349302023
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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