Columbus Housing Enterprise

Nonprofit profile at a glance

EIN
882182886
IRS 990 coverage
2022–2025
Forms available
Form 990 2025
Location
Columbus, OH, USA
Phone
6145454835
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Housing Development, Construction, Management

Official website

Reported finances

Revenue
$8,092,722
Expenses
$8,747,116
Assets
$57,825,536
Liabilities
$59,024,399

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • JOHN EDGAR (EXECUTIVE DIRECTOR)

Highest reported compensation

  • JOHN EDGAR (EXECUTIVE DIRECTOR): $61,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of columbus housing enterprise is to improve the quality of life of low and moderate-income people through the preservation and development of safe, decent, and affordable housing, which is the primary social determinant of health. The organization prioritizes the acquisition and management of multi-family naturally occurring affordable housing to ensure long-term affordability.

What it reported doing in 2025

To improve the quality of life of low and moderate-income people through the preservation and development of safe, decent, and affordable housing, which is the primary social determinant of health. The organization prioritizes the acquisition and management of multi-family naturally occurring affordable housing to ensure long-term affordability.

Operating model

Revenue model
Earned-program. 97% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 90
  • Accountability: 84
  • Sustainability: 40
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 94%; rating input score 94
  • Fundraising efficiency: Limited

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: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -8.1%; rating input score 11; 11th percentile among comparable filings
  • Total-asset coverage ratio: 6.61; rating input score 85; 85th percentile among comparable filings
  • Liabilities to assets ratio: 1.02; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 0.7%; rating input score 79; 79th percentile among comparable filings

Growth

  • Program expense growth: 72.1% per year; rating input score 100; 98th percentile among comparable filings
  • Revenue growth: 68.6% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 51.9% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 94% of spending went to programs
  • Governance: 9 of 9 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $8.2M in reported program spending
  • Leadership: top reported pay $61K · 10 people listed
  • Highest-paid contractors: 5 contractors listed · $1.3M reported
  • Consistency: 26 of 26 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 4 filing years from 2022 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 3 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 — Accountability: Governance controls: 3 of 8 not reported.
  • High — Sustainability: Operating margin scored 11/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.