Community Housing Partners

Legal name: Community Housing Partners Corporation

Nonprofit profile at a glance

EIN
541023025
IRS 990 coverage
2010–2025
Official website data refreshed
Sep 2026
Forms available
Form 990 2025
Location
Christiansburg, VA, USA
Phone
5403822002
Rating
89
Verdict
STRONG
Rating confidence
Standard

Official website

Reported finances

Revenue
$96,195,813
Expenses
$88,404,143
Assets
$266,418,548
Liabilities
$145,662,297

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

Leadership & pay

20 people listed

Executive titles in this filing

  • JEFFREY REED (CEO / PRESIDENT)
  • ANDY DAVENPORT (VICE PRESIDENT)
  • MARK JACKSON (VICE PRESIDENT)
  • SHAUN RAI (SENIOR VICE PRESIDENT)
  • ANGIE ROBERTS DOBBINS (VICE PRESIDENT)
  • BRIAN GIBBS (VICE PRESIDENT)

Highest reported compensation

  • JEFFREY REED (CEO / PRESIDENT): $493,898 total reported compensation
  • J ANDY HALL (COO / SECRETARY): $370,438 total reported compensation
  • LANCE SUTHERLAND (CFO / TREASURER): $330,817 total reported compensation

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

Overview

Mission

CHP provides quality-built, responsibly managed, service-enriched homes for low-income individuals and families, working with private and public partners to develop and preserve homes and neighborhoods—revitalizing communities, fostering stability for residents, and promoting a healthier planet for future generations.

What it reported doing in 2025

Chp owns or manages 5,898 units of multifamily housing serving low and moderate-income residents. The porfolio managed by chp includes housing for senior and disabled, formerly homeless, single female heads-of-household and other individuals and families of low-income. Chp's services also include the provision of resident services such as after school programs, financial literacy education, job readiness skills building and leadership opportunities. In 2025, chp supportive service coordinators and our partners delivered 52,261 units of programming to our residents. In addition, chp is a licensed real estate company serving low to moderate income homebuyers. Our continuum of services includes sales, access to below market mortgages, homebuyer education and homeownership counseling. In 2025, chp provided homeownership training to 110 households. Chp realty sold 1 home.

Operating model

Revenue model
Other-operating. 73% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Liabilities are high compared with assets and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 95
  • Accountability: 100
  • Sustainability: 59
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 79.6%; rating input score 80
  • Program expense ratio: 84.3%; rating input score 84
  • Fundraising efficiency: $94.19 raised per $1 spent on fundraising; rating input score 76; 76th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 66th percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 65th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • 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 65; 65th percentile among comparable filings
  • Total-asset coverage ratio: 3.01; rating input score 68; 68th percentile among comparable filings
  • Liabilities to assets ratio: 0.55; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 3.4%; rating input score 38; 38th percentile among comparable filings

Growth

  • Program expense growth: 3.8% per year; rating input score 100; 28th percentile among comparable filings
  • Revenue growth: 3.7% per year; rating input score 100; 30th percentile among comparable filings
  • Asset growth: 6.6% per year; rating input score 100; 47th percentile among comparable filings

Details

  • What they do: 1 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 79.6% of revenue deployed · 84.3% of spending went to programs
  • Governance: 9 of 9 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $74.5M in reported program spending
  • Leadership: top reported pay $494K · 20 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $9.6M reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 15 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 11 filed money-flow records
  • Related organizations: 162 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.
  • Moderate — Sustainability: Officer compensation ratio scored 38/100.