Collegiate Housing Foundation
99% goes to programs $0 to raise $100 Thin reserves Growing revenue
Collegiate Housing Foundation is a 501(c)(3) organization based in Fairhope, Alabama, registered in 1997, with $336,161,179 in FY2023 revenue. CharityIndex grades it C, and it directs about 99% of spending to programs.
409 Johnson Ave, Fairhope, AL, 36532 EIN 63-1173425 Since 1997
Revenue (FY2023)
$336.2M
▲ 34.5% vs prior year
Housing median: $408K
Expenses (FY2023)
$319.8M
Net assets
-$184.4M
Employees
5
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →C+Program efficiency40% of the rating99% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Collegiate Housing Foundation: 99% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · +5% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Collegiate Housing Foundation: 0 mo reserves · +5% margin earns a F on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Collegiate Housing Foundation: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Collegiate Housing Foundation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
(a)the organization is organized exclusively for charitable, religious, and educational purposes within the meaning of section 501(c)(3) of the u.s. internal revenue code of 1986 including for such purposes:(1)assisting each of its members to provide housing for its enrolled students; and (2)otherwise assisting each of its members to further their educational missions.
What they do
Provide 3,290 bed student housing facility in davis, ca for university of california davis
Provide 1,510 bed student housing facility in riverside, ca for university of california riverside
Provide 516 bed student housing facility in elon, nc for elon university
Contact & location
- Address
- 409 Johnson Ave, Fairhope, AL, 36532
- City
- Fairhope
- State
- Alabama
- Category
- Housing & Shelter
- Subcategory
- Temporary Housing & Shelters
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $110.7M (FY2013) to $336.2M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $3.4BNet assets -$184.4M
Operating margin
4.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.2B
Total liabilities
$3.4B
Net assets
-$184.4M
Salaries & benefits
$2.2M
1% of expenses
Board members
5
4 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $336,161,179▲34.5% | $319,826,714▲19.6% | -$184,439,255▲7.9% | $3,208,341,005▲14.1% | 990 |
| 2022 | $249,906,348▼6.7% | $267,501,606▲7.5% | -$200,338,467▼10.2% | $2,812,822,886▲1.8% | 990 |
| 2021 | $267,821,495▲29.7% | $248,753,362▲11.2% | -$181,839,114▲7.5% | $2,763,601,383▼0.2% | 990 |
| 2020 | $206,570,600▲7.2% | $223,707,177▲3.8% | -$196,594,909▼4.3% | $2,768,935,378▼0.9% | 990 |
| 2019 | $192,768,638▲18.0% | $215,604,693▲18.8% | -$188,520,108▼19.5% | $2,794,520,597▲12.4% | 990 |
| 2018 | $163,386,154▼7.1% | $181,497,922▲0.6% | -$157,792,219▼11.2% | $2,486,277,258▲51.8% | 990 |
| 2017 | $175,866,552▲18.7% | $180,438,058▲13.0% | -$141,902,990▼0.8% | $1,638,169,192▲37.3% | 990 |
| 2016 | $148,152,061▼0.3% | $159,664,130▼6.7% | -$140,760,078▼5.8% | $1,193,380,469▼0.3% | 990 |
| 2015 | $148,594,172▲25.1% | $171,099,664▲33.7% | -$133,048,100▼22.6% | $1,197,105,310▼2.4% | 990 |
| 2014 | $118,783,930▲7.3% | $127,964,377▲2.2% | -$108,508,952▼9.3% | $1,226,812,140▲5.4% | 990 |
| 2013 | $110,700,926 | $125,219,381▼3.0% | -$99,305,698▼16.2% | $1,164,477,182▲20.2% | 990 |
| 2012 | — | $129,151,954▲18.3% | -$85,486,422▼0.1% | $968,477,926▼9.6% | 990 |
| 2011 | — | $109,215,055▲3.2% | -$85,370,749▼23.6% | $1,071,624,609▲12.4% | 990 |
| 2010 | — | $105,797,973▲26.4% | -$69,089,510▼33.1% | $953,680,803▲18.1% | 990 |
| 2009 | — | $83,706,774 | -$51,921,308 | $807,851,397 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: William B Givhan — $662,982 (0.21% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| William B Givhan | Coo/president | 40 | $662,982 |
| Brian M Blakeney | Chief Financial Officer | 40 | $421,092 |
| Lyn R Cone | Executive Vp of Project Operations | 40 | $250,000 |
| Janet Brown | Vp For Admin/asst Secretary | 40 | $227,630 |
| Selina Simpson | Vp of Insurance & Risk Management | 40 | $186,033 |
| John B Hicks | Vice President | 1.5 | $27,500 |
| John Brooks Slaughter | Treasurer (outgoing) | 1.5 | $27,500 |
| Leeman H Covey | Secretary | 1.5 | $27,500 |
| Robert A Shearer | Director | 1.5 | $27,500 |
| Thomas M Daly | Treasurer (incoming) | 1.5 | $27,500 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Cbg Building Company LLC | Construction | $44,158,107 |
| Benchmark Contractors | Construction | $40,145,504 |
| University Student Living LLC | Construction | $18,813,974 |
| Acc Services Inc | Construction | $13,027,667 |
| Greystar Development | Construction | $11,928,821 |
Grants made · $700K in FY2021
1 grant totaling $700K in FY2021. All grants made by Collegiate Housing Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| Texas A&m University - Corpus Christi | Contribution to member | $699,652 |
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Frequently asked questions
- Is Collegiate Housing Foundation a legitimate nonprofit?
- Yes. Collegiate Housing Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 63-1173425, based in Fairhope, Alabama. Donations are tax-deductible.
- What is Collegiate Housing Foundation's EIN?
- Collegiate Housing Foundation's Employer Identification Number (EIN) is 63-1173425.
- How much revenue does Collegiate Housing Foundation report?
- Collegiate Housing Foundation reported $336,161,179 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Collegiate Housing Foundation's spending goes to programs?
- Collegiate Housing Foundation spends about 99% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Collegiate Housing Foundation have?
- CharityIndex grades Collegiate Housing Foundation C, based on program efficiency and fundraising cost.
- How much does Collegiate Housing Foundation's highest-paid employee make?
- The highest reported compensation on Collegiate Housing Foundation's latest Form 990 is $662,982, paid to William B Givhan (Coo/president).
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Data for Collegiate Housing Foundation (EIN 63-1173425) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.