Community Resources & Housing Development Corporation
Only null% goes to programs Strong reserves Growing revenue
Community Resources & Housing Development Corporation is a 501(c)(3) organization based in Westminster, Colorado, registered in 1971, with $8,715,126 in FY2024 revenue. CharityIndex grades it B.
7305 Lowell Blvd Unit 200, Westminster, CO, 80030 EIN 23-7102834 Since 1971
Revenue (FY2024)
$8.7M
▼ 14.4% vs prior year
Housing median: $408K
Expenses (FY2024)
$7.6M
Net assets
$19.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
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. Not scored for Community Resources & Housing Development Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating30 mo reserves · +13% 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 Resources & Housing Development Corporation: 30 mo reserves · +13% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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. Not scored for Community Resources & Housing Development Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Resources & Housing Development Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 7305 Lowell Blvd Unit 200, Westminster, CO, 80030
- City
- Westminster
- State
- Colorado
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
- Website
- …
Financial trends
Revenue grew from $7.3M (FY2013) to $8.7M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $18.7MNet assets $19.2M
Operating margin
12.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$37.9M
Total liabilities
$18.7M
Net assets
$19.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $8,715,126▼14.4% | $7,589,264▼31.8% | $19,189,914▲6.2% | $37,885,815▼2.3% | 990 |
| 2023 | $10,186,551▲49.7% | $11,128,421▲40.3% | $18,064,052▼5.0% | $38,760,797▼3.1% | 990 |
| 2022 | $6,803,666▲12.6% | $7,931,147▲47.1% | $19,005,922▼5.6% | $39,993,673▲1.1% | 990 |
| 2021 | $6,041,584▲24.6% | $5,390,726▲21.3% | $20,133,403▲3.3% | $39,546,722▲66.1% | 990 |
| 2020 | $4,849,481▼28.7% | $4,443,975▲4.9% | $19,482,545▲2.1% | $23,815,661▼1.5% | 990 |
| 2019 | $6,802,084▲15.5% | $4,235,069▼17.9% | $19,077,039▲16.5% | $24,185,103▲6.1% | 990 |
| 2018 | $5,891,212▼40.1% | $5,159,041▼36.4% | $16,369,907▲4.7% | $22,804,182▼0.2% | 990 |
| 2017 | $9,838,443▲155% | $8,109,091▲80.8% | $15,637,736▲12.4% | $22,858,683▲6.6% | 990 |
| 2016 | $3,857,551▼25.4% | $4,484,191▲0.6% | $13,908,384▼4.3% | $21,440,931▼3.0% | 990 |
| 2015 | $5,172,434▼29.4% | $4,458,432▼5.9% | $14,535,024▼5.1% | $22,101,684▼5.0% | 990 |
| 2013 | $7,329,956 | $4,736,300▲26.0% | $15,315,221▲20.4% | $23,265,925▲9.7% | 990 |
| 2012 | — | $3,760,107▲24.2% | $12,721,565▲18.9% | $21,204,362▲17.7% | 990 |
| 2011 | — | $3,028,659▲25.8% | $10,696,304▲16.1% | $18,012,068▲8.0% | 990 |
| 2010 | — | $2,407,707▲8.5% | $9,209,534▲115% | $16,675,292▲26.6% | 990 |
| 2009 | — | $2,219,158 | $4,276,314 | $13,169,723 | 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.
Grants received · $5.0M total
22 grants to Community Resources & Housing Development Corporation totaling $5.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Enterprise Community Partners Inc | Partner sustainability general | 2024 | $44,000 |
| Nebraska Community Foundation | 2024 impact grant | 2024 | $10,000 |
| Neighborhood Reinvestment Corp | General support | 2023 | $310,500 |
| Neighborhood Reinvestment Corp | General support | 2022 | $381,500 |
| Neighborhood Reinvestment Corp | General support | 2021 | $669,869 |
| Enterprise Community Partners Inc | Capacity building | 2021 | $40,000 |
| Neighborhood Reinvestment Corp | General support | 2020 | $596,000 |
| Mile High United Way Inc | Covid | 2020 | $25,000 |
| Mile High United Way Inc | Covid | 2020 | $25,000 |
| Neighborhood Reinvestment Corp | — | 2019 | $429,529 |
| Neighborhood Reinvestment Corp | Unrestricted | 2018 | $532,700 |
| Neighborhood Reinvestment Corp | Expendable grants | 2017 | $444,500 |
| Enterprise Community Partners Inc | Capacity building | 2017 | $39,516 |
| Neighborhood Reinvestment Corp | Expendable grants | 2016 | $477,500 |
| Enterprise Community Partners Inc | Capacity building | 2016 | $10,485 |
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Frequently asked questions
- Is Community Resources & Housing Development Corporation a legitimate nonprofit?
- Yes. Community Resources & Housing Development Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7102834, based in Westminster, Colorado. Donations are tax-deductible.
- What is Community Resources & Housing Development Corporation's EIN?
- Community Resources & Housing Development Corporation's Employer Identification Number (EIN) is 23-7102834.
- How much revenue does Community Resources & Housing Development Corporation report?
- Community Resources & Housing Development Corporation reported $8,715,126 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Community Resources & Housing Development Corporation have?
- CharityIndex grades Community Resources & Housing Development Corporation B, based on financial health (reserves and operating margin).
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Data for Community Resources & Housing Development Corporation (EIN 23-7102834) 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.