Chwc Inc

Nonprofit profile at a glance

EIN
480934993
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Kansas City, KS, USA
Phone
9133427580
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Housing Expense Reduction Support

Reported finances

Revenue
$6,402,369
Expenses
$3,937,163
Assets
$20,007,062
Liabilities
$13,197,939

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • BRENNAN CRAWFORD (EXECUTIVE DIRECTOR/CEO)

Highest reported compensation

  • BRENNAN CRAWFORD (EXECUTIVE DIRECTOR/CEO): $128,099 total reported compensation
  • SARA FITTS (DIRECTOR OF FINANCE): $89,215 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Stabilize, revitalize, and reinvest in communities through improved housing and other related developments. Activities include lending, housing & commercial development, real estate sales, homebuyer education programs, and community organizing & safety efforts.

What it reported doing in 2024

Homeownership promotion and preservation: we enable families to achieve, preserve, and sustain their dream of homeownership by offering free and low-cost housing counseling, financial education, and purchase assistance to homeowners in wyandotte county. During 2024, 482 customers were counseled and/or educated, and 106 families achieved or sustained homeownership.chwc provides loans to homeowners in the form of first mortgages, second mortgages, owner-occupied rehab loans, and deferred mortgages. During 2024, chwc provided ongoing loan servicing to over 30 homeowners and provided down-payment assistance to 23 new homeowners. Minor home repair assistance grants were provided to 30 area homeowners.

Operating model

Revenue model
Donor-supported. 85% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 80% for direct work, and 20% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some related-organization disclosures are missing.

Rating breakdown

  • Financial Efficiency: 66
  • Transparency & Controls: 94
  • Accountability: 95
  • Sustainability: 74
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 53.7%; rating input score 54
  • Program expense ratio: 84.6%; rating input score 85
  • Fundraising efficiency: $33.09 raised per $1 spent on fundraising; rating input score 71; 71st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Scored; rating input score 0

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 38.5%; rating input score 88; 88th percentile among comparable filings
  • Total-asset coverage ratio: 5.08; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0.66; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 5.5%; rating input score 50; 50th percentile among comparable filings

Growth

  • Program expense growth: 12.8% per year; rating input score 100; 72nd percentile among comparable filings
  • Revenue growth: 12.9% per year; rating input score 100; 77th percentile among comparable filings
  • Asset growth: 10.7% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: 53.7% of revenue deployed · 84.6% of spending went to programs
  • Governance: 12 of 12 board members independent · 8 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $3.3M in reported program spending
  • Leadership: top reported pay $128K · 14 people listed
  • Highest-paid contractors: 4 contractors listed · $487K reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, and related organizations
  • Filing history: 12 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 7 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 54/100.
  • High — Transparency & Controls: Related-party transparency scored 0/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.
  • Review — Sustainability: Officer compensation ratio scored 50/100.