Community Housing Inc
Nonprofit profile at a glance
- EIN
- 942264235
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Glendale, CA, USA
- Phone
- 9259567370
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Supportive Housing for Older Adults
Reported finances
- Revenue
- $11,292,253
- Expenses
- $7,243,933
- Assets
- $134,678,686
- Liabilities
- $1,263,171
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- Sean Kelly (CEO)
- Soraya Diaz (President - CARING Housing Ministries)
- Martin Lakatos (Vice President - Development)
Highest reported compensation
- Sean Kelly (CEO): $1,459,056 total reported compensation
- Eduardo Salvador (CFO): $906,991 total reported compensation
- Rachel Vranich (Chief Legal Officer / Secretary): $562,741 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide quality senior communities, encompassing housing, assisted living, and social and health care services. To enable seniors with different needs and abilities to age with dignity, regardless of their means.
What it reported doing in 2024
Community housing, inc. (chi) was incorporated in 1970 to provide housing and personal care programs for the elderly. In 1975, chi opened a 220-unit apartment complex, lytton gardens i - arbor apartments in palo alto, California. In 1979, chi opened another 100-unit apartment complex, consisting of 50 residential care units and 50 independent living units, lytton gardens ii - the commons in palo alto, California. These projects are regulated by the united states department of housing and urban development (hud) as to rent charges, operating methods and other matters. General operation - to provide affordable housing to low income seniors to enable them to remain in their community as they grow older. There are total of 287 units. Total of 288 people were served during the year.
Operating model
- Revenue model
- Other-operating. 98% of the money available for current operations came from other operating 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
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 56
- Transparency & Controls: 60
- Accountability: 86
- Sustainability: 89
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 53.1%; rating input score 53
- Program expense ratio: 81.3%; rating input score 81
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 14th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- 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; 66th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 35.9%; rating input score 90; 90th percentile among comparable filings
- Total-asset coverage ratio: 18.59; rating input score 96; 96th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 93; 93rd percentile among comparable filings
- Officer compensation ratio: 3.9%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: 5.3% per year; rating input score 100; 44th percentile among comparable filings
- Revenue growth: 4.6% per year; rating input score 100; 40th percentile among comparable filings
- Asset growth: 20.4% per year; rating input score 100; 90th percentile among comparable filings
Details
- Where the money goes: 53.1% of revenue deployed · 81.3% of spending went to programs
- Governance: 7 of 7 board members independent · 6 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $5.9M in reported program spending
- Leadership: top reported pay $1.5M · 15 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $906K reported
- Consistency: 32 of 32 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Related organizations: 13 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 53/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Governance controls: 3 of 9 not reported.