NonprofitsCommunity Homes Housing Development Fund Company

Housing & Shelter

Community Homes Housing Development Fund Company

NEW YORK, NY

Total revenue

$4.7M

Total expenses

$323K

Net assets

$11.0M

Grants received

$4.4M

1 grants

EIN

134145926

Tax year

2024

Mission

Community homes housing development fund company, inc. ("chhdfc") was established to increase and improve new york city's affordable housing stock while promoting and advancing home ownership for minority, immigrant, low- and moderate- income, and underserved populations. Chhdfc acquires and subsequently rehabilitates or builds new one- to four- family homes. With a strong belief in the wealth-generating effects on home ownership in communities, chhdfc then sells the home it develops to families in targeted populations. Chhdfc also helps to prepare these families to purchase their homes through a system of referrals to an affiliate counseling and training provider.

Financials

FY 2024

Revenue

Contributions & grants$4.4M
Program service revenue$343K
Investment income
Other revenue$6K
Total revenue$4.7M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$323K
Total expenses$323K
Total assets$11.1M
Net assets$11.0M

People

5 listed

NameRoleCompensation

HSUEH LAM YAN

SECRETARY/DIR. ASSET &PRP.

Board

1 hrs/wk

HUI-YUAN NELSON CHAN

TREASURER/MANG. DIR. OF REAL ESTATE

Board

1 hrs/wk

THOMAS YU

PRESIDENT/ED

Board

1 hrs/wk

MY T CHANG

VP/CHIEF OF STAFF

Board

1 hrs/wk

JOY SUZANNE GRANADO

CHIEF ACCOUNTING OFFICER (OUTGOING)

Board

1 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$4.4M
PROMOTES HOME OWNERSHIP FOR MINORITY AND UNDERSERVED POPULATIONS
2024

Funded by

$4.4M from 1 funder · 1 grant · 2024

Details

EIN134145926
NTEE codeL25
Subsection03
Ruling date2001-07
Formed2000
Employees0
Volunteers0
COMMUNITY HOMES HOUSING DEVELOPMENT FUND COMPANY — Mission, Financials & Grants Received | Grantivo