Crf Affordable Housing Inc
100% goes to programs $0 to raise $100 Strong reserves Declining revenue
Crf Affordable Housing Inc is a 501(c)(3) organization based in Plainfield, Indiana, registered in 2016, with $39,863,617 in FY2024 revenue. CharityIndex grades it B+, and it directs about 100% of spending to programs.
2498 Perry Crossing Way Ste 260, Plainfield, IN, 46168 EIN 47-4379637 Since 2016
Revenue (FY2024)
$39.9M
▲ 50.9% vs prior year
Housing median: $408K
Expenses (FY2024)
$24.4M
Net assets
$95.0M
Employees
42
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 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 →A+Program efficiency40% of the rating100% 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 Crf Affordable Housing Inc: 100% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating47 mo reserves · +39% 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 Crf Affordable Housing Inc: 47 mo reserves · +39% margin earns a A on this criterion. See the exact thresholds →
C+Governance25% of the rating3 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 Crf Affordable Housing Inc: 3 of 6 checks met earns a C+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Crf Affordable Housing Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To promote the welfare of low and moderate income persons, older adults and other special needs populations with housing facilities and services designed to meet their needs.
Contact & location
- Address
- 2498 Perry Crossing Way Ste 260, Plainfield, IN, 46168
- City
- Plainfield
- State
- Indiana
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $6.2M (FY2019) to $39.9M (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $13.2MNet assets $95.0M
Operating margin
38.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$108.2M
Total liabilities
$13.2M
Net assets
$95.0M
Salaries & benefits
$8.6M
35% of expenses
Board members
4
4 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $39,863,617▲50.9% | $24,408,562▲11.7% | $95,024,170▲19.4% | $108,240,804▲16.5% | 990 |
| 2023 | $26,418,382▲19.7% | $21,846,128▲22.9% | $79,569,115▲6.1% | $92,871,826▲5.9% | 990 |
| 2022 | $22,065,905▼68.5% | $17,777,710▲115% | $74,996,861▲6.1% | $87,662,956▲22.9% | 990 |
| 2021 | $70,095,090▲811% | $8,285,174▲22.5% | $70,708,666▲695% | $71,328,382▲637% | 990 |
| 2020 | $7,694,694▲24.4% | $6,766,055▲50.5% | $8,898,750▲11.7% | $9,682,529▲10.3% | 990 |
| 2019 | $6,185,924 | $4,494,281 | $7,970,111 | $8,779,170 | 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 (FY2024)
Highest-paid: David Cooper — $322,702 (1.32% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| David Cooper | President | 40 | $322,702 |
| Erik Cooper | Vice President | 40 | $286,139 |
| Adam Bocik | Director | 0 | — |
| Tim Paino | Secretary and Treasurer | 0 | — |
| Tim Shrout | Director | 0 | — |
| William Tibbetts | Director | 0 | — |
Grants made · $6.2M in FY2024
6 grants totaling $6.2M in FY2024. All grants made by Crf Affordable Housing Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Stone Table Inc | General support | $6,015,170 |
| Community Reinvestment Foundation Inc | General support | $120,000 |
| Cornerstone Christian Fellowship | General support | $36,015 |
| Blackbird Mission Church Inc | General support | $30,000 |
| Life 4 Refugees Inc | General support | $20,000 |
| Young Life | General support | $10,000 |
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Frequently asked questions
- Is Crf Affordable Housing Inc a legitimate nonprofit?
- Yes. Crf Affordable Housing Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 47-4379637, based in Plainfield, Indiana. Donations are tax-deductible.
- What is Crf Affordable Housing Inc's EIN?
- Crf Affordable Housing Inc's Employer Identification Number (EIN) is 47-4379637.
- How much revenue does Crf Affordable Housing Inc report?
- Crf Affordable Housing Inc reported $39,863,617 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Crf Affordable Housing Inc's spending goes to programs?
- Crf Affordable Housing Inc spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Crf Affordable Housing Inc have?
- CharityIndex grades Crf Affordable Housing Inc B+, based on program efficiency and fundraising cost.
- How much does Crf Affordable Housing Inc's highest-paid employee make?
- The highest reported compensation on Crf Affordable Housing Inc's latest Form 990 is $322,702, paid to David Cooper (President).
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Data for Crf Affordable Housing Inc (EIN 47-4379637) 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.