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COMMUNITY HOUSING COALITION OF MADISON COUNTY INC

Improving housing and building community, one home and one neighbor at a time.

aka CHC   |   Marshall, NC   |  www.chcmadisoncountync.org
GuideStar Charity Check

COMMUNITY HOUSING COALITION OF MADISON COUNTY INC

EIN: 11-3660564

Mission

To promote and facilitate healthy, safe and affordable housing through advocacy, education, coordination and resource development.

Ruling year info

2003

Program Director

Chris Watson

Main address

PO BOX 1166

Marshall, NC 28753 USA

Show more contact info

EIN

11-3660564

Subject area info

Housing rehabilitation

Population served info

Seniors

Low-income people

Economically disadvantaged people

Adults

NTEE code info

Other Housing Support Services (L80)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Neighbors Helping Neighbors

In 2013 CHC began a local volunteer recruitment and coordination program to assist clients throughout the year. Prior to this program, CHC’s assistance was limited to the summer mission program and thus there were no resources for low-income families needing housing repairs throughout the year.

Before the program began in 2013 clients were only able to receive assistance during the summer mission program and many urgent needs went unmet. The program has increased local volunteer participation from just a handful to nearly 150. In February 2015 CHC kicked off the Neighbors Helping Neighbors Saturday work days to draw in local volunteers and encourage clients to recruit their neighbors and family members to assist with the repairs. The two work days held so far have resulted in 36 individual volunteers donating 190 hours of labor. These in-kind donations were leveraged with $1800 in Urgent Repair Program (URP) funding and utilized CHC’s assessors to provide supervision and training, furthering the capacity of the local volunteers. In 2014, CHC received $100,000 in URP funding because of the successes in leveraging volunteer labor with URP funding. The leveraging of funding and volunteers is vital to CHC as local volunteers need money for materials and the money for materials from URP is available mainly because of the volunteer labor contributions.


The program is also designed to reduce one-way giving and empower clients by providing those CHC serves the encouragement and opportunity to give back to the community - CHC implemented systemic change in the free home repair programs by empowering clients to help themselves and each other in an effort to eliminate toxic charity and limit one-way giving. Rather than simply offering a free service, CHC works with the clients to teach them repair skills and develop resources they can contribute such as organizing friends and family to perform the work and fundraising for repairs. In the first year, CHC clients supplied nearly $20,000 in in-kind labor and resource donations. Research shows that this model is more likely to lead to long term improvement in the client’s lives than one-way giving.

Population(s) Served
Economically disadvantaged people

Annually, CHC hosts nearly 1000 mission volunteers to provide free housing repair to low-income families in Madison County. These volunteers serve 35-45 families, donate over 15,000 hours and $50,000 to help alleviate substandard housing conditions.

Population(s) Served
Economically disadvantaged people

A social enterprise of CHC, ReClaim Madison is a salvaged building materials, appliances and furniture store located in Downtown Marshall, NC. Run by a staff of three and dedicated volunteers, ReClaim Madison's proceeds go to CHC's programs and serves to cut-down on waste going to the landfill, increase dollars being spent locally, and provide affordable goods to people in Madison County.

Population(s) Served
Adults
Economically disadvantaged people

Coordinates local contractors with clients to assist them with free urgent home repairs.

Population(s) Served
Economically disadvantaged people
Seniors

Where we work

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Financials

COMMUNITY HOUSING COALITION OF MADISON COUNTY INC
Fiscal year: Nov 01 - Dec 31
Financial documents
2021 Community Housing Coalition of Madison County 2020 Community Housing Coalition of Madison County 2019 CHC 2019 Financial Review 2018 2016 2014 CHC Fiscal Year 2014 Financial Review

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

0.75

Average of 12.56 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

31.7

Average of 7.1 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

10%

Average of 6% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

COMMUNITY HOUSING COALITION OF MADISON COUNTY INC

Revenue & expenses

Fiscal Year: Nov 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

COMMUNITY HOUSING COALITION OF MADISON COUNTY INC

Balance sheet

Fiscal Year: Nov 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

COMMUNITY HOUSING COALITION OF MADISON COUNTY INC

Financial trends analysis Glossary & formula definitions

Fiscal Year: Nov 01 - Oct 31

SOURCE: IRS Form 990 info

This snapshot of COMMUNITY HOUSING COALITION OF MADISON COUNTY INC’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

* This organization changed its fiscal year accounting period in 2022. Please refer to its 2022 990s for more information.
Fiscal year: Nov 01 - Oct 31 picture_as_pdf View full report cloud_downloadDownload data

Business model indicators

Profitability info 2018 2019 2020 2021 2022 *
Unrestricted surplus (deficit) before depreciation $25,316 -$24,860 $74,656 $150,184 $112,155
As % of expenses 6.2% -4.8% 9.6% 17.5% 10.2%
Unrestricted surplus (deficit) after depreciation $24,587 -$26,477 $70,833 $136,490 $89,367
As % of expenses 6.0% -5.1% 9.0% 15.7% 7.9%
Revenue composition info
Total revenue (unrestricted & restricted) $428,925 $507,161 $946,196 $1,089,529 $1,223,998
Total revenue, % change over prior year 14.7% 18.2% 86.6% 15.1% 12.3%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.0% 0.0% 0.0%
Government grants 39.1% 43.1% 28.4% 41.5% 27.7%
All other grants and contributions 60.3% 54.0% 66.3% 45.5% 62.9%
Other revenue 0.7% 2.9% 5.3% 13.0% 9.4%
Expense composition info
Total expenses before depreciation $406,211 $518,987 $780,654 $857,474 $1,104,835
Total expenses, % change over prior year 7.8% 27.8% 50.4% 9.8% 28.8%
Personnel 30.5% 32.0% 32.6% 36.1% 32.9%
Professional fees 2.6% 3.1% 1.9% 2.3% 2.6%
Occupancy 2.7% 7.4% 8.8% 6.4% 5.7%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 0.0% 0.0% 13.1% 0.0% 0.0%
All other expenses 64.2% 57.5% 43.7% 55.2% 58.8%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $406,940 $520,604 $784,477 $871,168 $1,127,623
One month of savings $33,851 $43,249 $65,055 $71,456 $92,070
Debt principal payment $0 $0 $78,203 $23,226 $0
Fixed asset additions $0 $27,500 $34,798 $0 $835,989
Total full costs (estimated) $440,791 $591,353 $962,533 $965,850 $2,055,682

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 3.9 4.3 3.0 6.7 4.3
Months of cash and investments 3.9 4.3 3.0 6.7 4.3
Months of estimated liquid unrestricted net assets 2.1 1.2 1.9 3.5 1.0
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $130,597 $183,829 $194,646 $479,507 $392,100
Investments $325 $0 $0 $0 $0
Receivables $10 $0 $125,000 $77,216 $0
Gross land, buildings, equipment (LBE) $11,361 $38,861 $73,659 $77,560 $913,329
Accumulated depreciation (as a % of LBE) 18.4% 9.5% 10.2% 27.4% 4.8%
Liabilities (as a % of assets) 8.9% 59.2% 22.3% 13.4% 50.0%
Unrestricted net assets $79,889 $53,412 $124,245 $260,735 $350,102
Temporarily restricted net assets $47,808 $60,842 N/A N/A N/A
Permanently restricted net assets $0 $0 N/A N/A N/A
Total restricted net assets $47,808 $60,842 $203,626 $285,497 $292,505
Total net assets $127,697 $114,254 $327,871 $546,232 $642,607

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination
Form 1023/1024 is not available for this organization

Program Director

Chris Watson

Number of employees

Source: IRS Form 990

COMMUNITY HOUSING COALITION OF MADISON COUNTY INC

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

COMMUNITY HOUSING COALITION OF MADISON COUNTY INC

Board of directors
as of 07/10/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board co-chair

Tim Malone


Board co-chair

Danalee Pipes

Tim Malone

Danalee Cook-Pipes

Susan Sewell

Graeme Frelick

Patricia Ruscoe

Sidney Mashburn

Emily Wood

Jill Cleveland

Gratin Smith

Melissa Upchurch

Dan Olson

Steve Wilde

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? No
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? No
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? No
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 7/10/2023
info Candid has made improvements to the race and ethnicity options.

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data