Community Housing Partners Corporation
501(c)(3) Donations tax-deductible
84% goes to programs $1 to raise $100 Strong reserves Growing revenue
Community Housing Partners Corporation is a 501(c)(3) organization based in Christiansbrg, Virginia, registered in 1980, with $84,631,393 in FY2023 revenue. CharityIndex grades it A, and it directs about 84% of spending to programs.
448 Depot St Ne, Christiansbrg, VA, 24073 EIN 54-1023025 Since 1980
Revenue (FY2023)
$84.6M
▲ 17.2% vs prior year
Expenses (FY2023)
$87.6M
Net assets
$97.7M
Employees
541
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating84% to programs · $1 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 Community Housing Partners Corporation: 84% to programs · $1 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating13 mo reserves · -4% 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 Community Housing Partners Corporation: 13 mo reserves · -4% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 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 Community Housing Partners Corporation: 6 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 Community Housing Partners Corporation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Chp provides housing opportunities and related services to individuals of low-wealth in the u.s. our services include the development, construction, preservation, weatherization and/or management of healthy and sustainable, affordable housing stock. chp also delivers homeownership and resident services that promote financial literacy and sustainability. in addition, we offer education and training in energy and conservation practices, weatherization and green building. chp works each year with thousands of individuals and families, building professionals, homeowners, and other people in need of assistance.
What they do
Chp owns or manages 6,243 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 2023, chp supportive service coordinators and our partners delivered 39,209 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 2023, chp provided homeownership training to 65 households and provided access to down payment assistance and mortgages to 2 families. chp realty sold 6 homes.
Chp works with public and private partners to preserve and construct affordable rental housing for low-income individuals and households across the southeast and mid-atlantic u.s. in 2023, chp continued construction on a rehabilitation project on a 72 unit in galax, virginia that will be placed in service mid-2024. chp also continued construction on 80 senior housing units across 2 project near the eastern shore of virginia and 32 senior housing units in independence, virginia. these three project will be placed in service by year-end 2024
Contact & location
- Address
- 448 Depot St Ne, Christiansbrg, VA, 24073
- City
- Christiansbrg
- State
- Virginia
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $59.8M (FY2013) to $84.6M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $107.4MNet assets $97.7M
Operating margin
-3.5%
Spent more than it raised in the latest fiscal year.
Total assets
$205.1M
Total liabilities
$107.4M
Net assets
$97.7M
Salaries & benefits
$21.9M
25% of expenses
Board members
8
8 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $84,631,393▲17.2% | $87,631,906▲18.0% | $97,668,784▼0.9% | $205,088,010▼2.8% | 990 |
| 2022 | $72,240,138▼17.8% | $74,238,964▲16.1% | $98,550,058▲1.6% | $210,920,103▲0.2% | 990 |
| 2021 | $87,907,515▲75.0% | $63,943,408▲26.7% | $97,001,176▲44.9% | $210,530,324▲9.8% | 990 |
| 2020 | $50,238,321▲6.9% | $50,451,685▲9.1% | $66,950,594▲6.1% | $191,796,769▲8.5% | 990 |
| 2019 | $47,009,086▼7.9% | $46,257,431▼14.3% | $63,105,704▲8.3% | $176,845,940▲14.6% | 990 |
| 2018 | $51,052,675▼25.8% | $53,970,449▼23.9% | $58,287,440▲0.1% | $154,260,705▼3.0% | 990 |
| 2017 | $68,771,513▲23.2% | $70,960,808▲31.5% | $58,241,592▲23.0% | $158,952,194▲17.6% | 990 |
| 2016 | $55,811,566▼13.1% | $53,982,303▼13.3% | $47,348,811▲3.2% | $135,109,678▼0.7% | 990 |
| 2015 | $64,245,172▲16.3% | $62,244,867▲12.6% | $45,872,044▲8.7% | $136,069,228▲11.4% | 990 |
| 2014 | $55,230,789▼7.7% | $55,293,861▼5.1% | $42,209,546▲5.9% | $122,121,179▲11.0% | 990 |
| 2013 | $59,848,189 | $58,273,603▲16.0% | $39,858,037▲4.1% | $109,973,762▲8.1% | 990 |
| 2012 | — | $50,236,582▼4.5% | $38,283,451▲15.2% | $101,776,762▲6.6% | 990 |
| 2011 | — | $52,607,280▲16.0% | $33,220,441▲9.2% | $95,455,599▲0.5% | 990 |
| 2010 | — | $45,368,248 | $30,434,837 | $95,008,737 | 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: Janaka Casper — $792,494 (0.90% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Janaka Casper | Ceo | 40 | $792,494 |
| Jeffrey Reed | President | 40 | $455,124 |
| J Andy Hall | Chief Operating Officer | 40 | $350,996 |
| Lance Sutherland | Evp/cfo | 40 | $277,201 |
| Todd Collins | Assistant Vice President | 40 | $224,349 |
| Mark Jackson | Vice President | 40 | $215,856 |
| Eric Chapman | General Counsel | 40 | $208,727 |
| Jr Riddlebarger | Vice President | 40 | $206,174 |
| Samantha Brown | Vice President | 40 | $185,863 |
| Shaun Rai | Senior Vice President | 40 | $171,338 |
| David Schultz | Senior Vice President | 40 | $128,042 |
| Ana Castilla | Vice Chair | 1 | — |
| Charles Famuliner | Past Chair | 1 | — |
| Deborah Sherman Lee | Member | 1 | — |
| Freddy Paige | Member | 1 | — |
| John Randolph | Member | 1 | — |
| Racquel Reddie | Board Chair | 1 | — |
| Shawn Mcmahon | Member | 1 | — |
| Susan Sisk | Member | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Quick Ac Quote | Contractor | $1,904,966 |
| Rmgp Inc | Contractor | $1,574,329 |
| Southern Companies of Va Inc | Contractor | $1,314,692 |
| Dave's Diversified Services | Contractor | $1,138,322 |
| Johnston Electric | Contractor | $1,079,372 |
Grants received · $7.7M total
27 grants to Community Housing Partners Corporation totaling $7.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Good360 | To assist those in need | 2024 | $5,353 |
| Neighborhood Reinvestment Corp | General support | 2023 | $947,250 |
| Good360 | To assist those in need | 2023 | $36,328 |
| Enterprise Community Partners Inc | Aging well program | 2023 | $15,000 |
| Neighborhood Reinvestment Corp | General support | 2022 | $573,750 |
| Enterprise Community Partners Inc | Aging well program | 2022 | $250,000 |
| Good360 | To assist those in need. | 2022 | $9,303 |
| Neighborhood Reinvestment Corp | General support | 2021 | $558,000 |
| Neighborhood Reinvestment Corp | General support | 2020 | $638,500 |
| Neighborhood Reinvestment Corp | — | 2019 | $605,000 |
| Enterprise Community Partners Inc | Capacity building | 2019 | $50,000 |
| Neighborhood Reinvestment Corp | — | 2019 | $9,840 |
| Neighborhood Reinvestment Corp | Unrestricted | 2018 | $567,780 |
| Enterprise Community Partners Inc | Capacity building | 2018 | $20,340 |
| Neighborhood Reinvestment Corp | Expendable grants | 2017 | $677,648 |
Frequently asked questions
- Is Community Housing Partners Corporation a legitimate nonprofit?
- Yes. Community Housing Partners Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-1023025, based in Christiansbrg, Virginia. Donations are tax-deductible.
- What is Community Housing Partners Corporation's EIN?
- Community Housing Partners Corporation's Employer Identification Number (EIN) is 54-1023025.
- How much revenue does Community Housing Partners Corporation report?
- Community Housing Partners Corporation reported $84,631,393 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Community Housing Partners Corporation's spending goes to programs?
- Community Housing Partners Corporation spends about 84% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Community Housing Partners Corporation have?
- CharityIndex grades Community Housing Partners Corporation A, based on program efficiency and fundraising cost.
- How much does Community Housing Partners Corporation's highest-paid employee make?
- The highest reported compensation on Community Housing Partners Corporation's latest Form 990 is $792,494, paid to Janaka Casper (Ceo).
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Data for Community Housing Partners Corporation (EIN 54-1023025) 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.