Sunshine Community Housing Development Organization Inc
Nonprofit profile at a glance
- EIN
- 813074181
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024, Form 990-N 2016
- Location
- Tampa, FL, USA
- Phone
- 8135407540
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Housing Development, Construction, Management
Reported finances
- Revenue
- $998,534
- Expenses
- $164,042
- Assets
- $1,100,986
- Liabilities
- $590,273
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- RON SPOOR (PRESIDENT)
- CATHERINE COYLE (PRESIDENT)
Highest reported compensation
- CATHERINE COYLE (PRESIDENT): $171,735 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Seeking to put god's love into action, the organization is dedicated to the provision or decent housing that is affordable to low and moderate income people and furthers the affordable housing mission of habitat for humanity of hillsborough county Florida, inc.
What it reported doing in 2024
Affordable housing development - sunshinecommunity housing development organization inc. (chdo) is a community-based organization dedicated to developing homes for low-income residents. The chdo is governed by a board with diverse representation of the community, including habitat for humanity homeowners and habitat for humanity staff. By partnering with our volunteers, community, corporate sponsors and local governments in hillsborough county, the chdo is able to create affordable homeownership opportunities. This fiscal year we sold 3 homes and purchased lots to be developed in sold in the next fiscal year.
Operating model
- Revenue model
- Grant-funded. 100% of the money available for current operations came from government grants.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
MIXED - 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: 38
- Transparency & Controls: 60
- Accountability: 88
- Sustainability: 76
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 13.9%; rating input score 14
- Program expense ratio: 90%; rating input score 90
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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: Scored; rating input score 0
Accountability
- Independent voting board: 80%; rating input score 80; 18th percentile among comparable filings
- Governance controls: 8 of 8 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: 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: 83.6%; rating input score 98; 98th percentile among comparable filings
- Total-asset coverage ratio: 6.71; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: 0.54; rating input score 15; 15th percentile among comparable filings
- Officer compensation ratio: 19.8%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: -5.7% per year; rating input score 0; 7th percentile among comparable filings
- Revenue growth: 1.8% per year; rating input score 100; 23rd percentile among comparable filings
- Asset growth: 10.9% per year; rating input score 100; 61st percentile among comparable filings
Details
- Where the money goes: 13.9% of revenue deployed · 90% of spending went to programs
- Governance: 4 of 5 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $148K in reported program spending
- Leadership: top reported pay $172K · 6 people listed · 0 of 6 pay-setting controls reported
- Consistency: 21 of 21 current checks pass
- Schedules: 5 filed schedules · includes executive pay and related organizations
- Filing history: 6 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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.
- High — Financial Efficiency: Mission deployment rate scored 14/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 15/100.
- High — Sustainability: Officer compensation ratio scored 15/100.