Civic Intelligence

Chhaya Community Development Corp

EIN 11-3580935 • 501(c)3 • Jackson Heights, NY

View Organization Page

Profile

Chhaya community development corporation chhaya was founded in 2000 incorporated in 2001 to advocate for the housing needs of new york citys south asian origin communities. Chhayas mission is to build the power, housing stability, and economic well-being of south asian and indo-carribean communities in new york city.

37-43 77th Street 2nd FloorJackson Heights, NY 11372

www.chhayacdc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

41st percentile

0.07x

Higher debt load relative to assets than 41% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

0.08x

Higher debt load relative to revenue than 35% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

88th percentile

46%

Higher net margin than 88% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

94th percentile

76%

Faster asset growth than 94% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

90th percentile

72%

Faster revenue growth than 90% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets41st percentile

Assets

Up

$6,927,297

Up $2,988,639 (+76%) from 2023

Liabilities

Up

$491,112

Up $141,359 (+40%) from 2023

Net Assets

Up

$6,436,185

Up $2,847,280 (+79%) from 2023

Operations
Liabilities / Revenue35th percentileNet Margin88th percentile

Revenue

Up

$6,154,149

Up $2,582,979 (+72%) from 2023

Expenses

Up

$3,313,780

Up $592,828 (+22%) from 2023

Net Income

Up

$2,840,369

Up $1,990,151 (+234%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth94th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $113,725Liabilities 2010: $58,779Net Assets 2010: $54,9462010Assets 2011: $349,147Liabilities 2011: $69,907Net Assets 2011: $279,2402011Assets 2012: $390,990Liabilities 2012: $63,513Net Assets 2012: $327,4772012Assets 2013: $316,897Liabilities 2013: $56,239Net Assets 2013: $260,6582013Assets 2014: $404,502Liabilities 2014: $66,694Net Assets 2014: $337,8082014Assets 2015: $493,538Liabilities 2015: $24,250Net Assets 2015: $469,2882015Assets 2016: $678,477Liabilities 2016: $57,745Net Assets 2016: $620,7322016Assets 2017: $834,043Liabilities 2017: $44,508Net Assets 2017: $789,5352017Assets 2018: $1,030,367Liabilities 2018: $50,973Net Assets 2018: $979,3942018Assets 2019: $1,327,519Liabilities 2019: $54,148Net Assets 2019: $1,273,3712019Assets 2020: $1,716,265Liabilities 2020: $329,303Net Assets 2020: $1,386,9622020Assets 2021: $2,763,055Liabilities 2021: $365,319Net Assets 2021: $2,397,7362021Assets 2022: $3,060,040Liabilities 2022: $321,353Net Assets 2022: $2,738,6872022Assets 2023: $3,938,658Liabilities 2023: $349,753Net Assets 2023: $3,588,9052023Assets 2024: $6,927,297Liabilities 2024: $491,112Net Assets 2024: $6,436,1852024

Highlighted filing

2024

Assets$6,927,297
Liabilities$491,112
Net Assets$6,436,185
Open 2024 Filing

Operations Trend

Revenue Growth90th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $754,0442010Expenses 2011: $810,5712011Expenses 2012: $1,006,6202012Revenue 2013: $998,850Expenses 2013: $1,062,043Net Income 2013: -$63,1932013Revenue 2014: $1,142,076Expenses 2014: $1,064,929Net Income 2014: $77,1472014Revenue 2015: $1,199,532Expenses 2015: $1,068,052Net Income 2015: $131,4802015Revenue 2016: $1,307,045Expenses 2016: $1,155,601Net Income 2016: $151,4442016Revenue 2017: $1,233,070Expenses 2017: $1,053,237Net Income 2017: $179,8332017Revenue 2018: $1,356,396Expenses 2018: $1,166,537Net Income 2018: $189,8592018Revenue 2019: $1,793,531Expenses 2019: $1,499,554Net Income 2019: $293,9772019Revenue 2020: $1,975,144Expenses 2020: $1,861,553Net Income 2020: $113,5912020Revenue 2021: $2,877,914Expenses 2021: $1,867,140Net Income 2021: $1,010,7742021Revenue 2022: $2,477,149Expenses 2022: $2,354,657Net Income 2022: $122,4922022Revenue 2023: $3,571,170Expenses 2023: $2,720,952Net Income 2023: $850,2182023Revenue 2024: $6,154,149Expenses 2024: $3,313,780Net Income 2024: $2,840,3692024

Highlighted filing

2024

Revenue$6,154,149
Expenses$3,313,780
Net Income$2,840,369
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$6,927,297
Liabilities
$491,112
Net assets
$6,436,185
Revenue
$6,154,149
Expenses
$3,313,780
Net income
$2,840,369
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.93$0.49$6.44$6.15$3.31$2.84
2023Detailed filing. Detailed filing data is available for this year.$3.94$0.35$3.59$3.57$2.72$0.85
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.06$0.32$2.74$2.48$2.35$0.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.76$0.37$2.40$2.88$1.87$1.01
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.72$0.33$1.39$1.98$1.86$0.11
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.05$1.27$1.79$1.50$0.29
2018Summary only. Only limited summary data is available for this year.$1.03$0.05$0.98$1.36$1.17$0.19
2017Detailed filing. Detailed filing data is available for this year.$0.83$0.04$0.79$1.23$1.05$0.18
2016Detailed filing. Detailed filing data is available for this year.$0.68$0.06$0.62$1.31$1.16$0.15
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.02$0.47$1.20$1.07$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.40$0.07$0.34$1.14$1.06$0.08
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.32$0.06$0.26$1.00$1.06$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.39$0.06$0.33$1.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.07$0.28$0.81
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.06$0.05$0.75
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 6, 2024
Return Version
2023v5.1
Gross Receipts
$3,571,170
Mission and Program Overview

Mission

To create stable and sustainable communities by increasing civic participation and addressing the housing and community development needs of new yorkers of south asian origin and their neighbors.

Chhaya community development corporation is a non-profit organization that builds the power, housing stability and economic well-being of south asian and indo-carribean communities in new york city.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,191,585$966,190▼ $225,395
Pledges and Grants Receivable$185,134$478,500▲ $293,366
Savings and Temporary Cash Investments$142,989$143,017▲ $28
Prepaid Expenses and Deferred Charges$24,960$20,084▼ $4,876
Land, Buildings, and Equipment, Net$14,421$16,350▲ $1,929
Accounts Receivable$2,500$8,474▲ $5,974
Total Assets$3,060,040$3,938,658▲ $878,618
Other Assets Total$1,498,451$2,306,043▲ $807,592
Liabilities
Other Liabilities$143,766$235,069▲ $91,303
Accounts Payable and Accrued Expenses$177,587$114,684▼ $62,903
Total Liabilities$321,353$349,753▲ $28,400
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,038,017$2,195,167▲ $157,150
Net Assets With Donor Restrictions$700,670$1,393,738▲ $693,068
Total Net Assets Fund Balance$2,738,687$3,588,905▲ $850,218
Total Liabilities and Net Assets / Fund Balance$3,060,040$3,938,658▲ $878,618

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$11,880$12,418$24,298
Other Land Buildings$4,470$10,430$14,900
Leasehold Improvements-$14,530$14,530
Other Assets Org$19,216--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Annetta SeecharranExecutive DirectorFT$179,653$20,976$200,629
Sadia RahmanDeputy Director of PolicyFT$122,596$9,141$131,737
Jose MirandaDirector of ProgramsFT$99,182$8,202$107,384

Board Members and Trustees

NameTitle
Anouska CheddieCo-chair
Reshma PatelCo-chair
Gurjot KaurDirector
Jeremy BenjaminDirector
Muhammed HussainDirector
Nahida UddinDirector
Ryan D BudhuDirector
Christopher HanwaySecretary
Allison BallTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Ncheng LLPFiscal Management40 WALL STREET SUITE 3222, Ny, NY 10005$157,051
Revenue and Support

Revenue Composition

Contributions and Grants
$2,655,597
Program Service Revenue
$914,421
Investment Income
$28
Other Revenue
$1,124
All Other Contributions
$1,719,583
Change in Net Assets
$850,218

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,571,170
Revenue Not Reported on Form 990
$154,298
Total Revenue per Audited Statements
$3,725,468
Total Revenue per Form 990
$3,571,170
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,006,394
Other Expenses$710,058
Total Fundraising Expense$192,418
Grants and Similar Amounts Paid$4,500
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,182,117$31,895$69,509$1,283,521
Current Officers, Directors, Trustees, and Key Employees$277,154$27,902$27,902$332,958
Other Employee Benefits$214,559$8,793$14,323$237,675
Fees for Services Other$121,635$59,209$55,313$236,157
Fees for Services Accounting-$170,305-$170,305
Payroll Taxes$131,010$5,368$8,745$145,123
Occupancy$121,448$1,096$7,731$130,275
Office Expenses$29,786$6,473$2,653$38,912
Information Technology$26,621$1,091$1,777$29,489
Insurance$15,308$627$1,022$16,957
Conferences and Meetings$6,302$5,890$1,522$13,714
Travel$3,268$5,827$508$9,603
Depreciation Depletion-$8,693-$8,693
Other Expenses$6,721$1,126$585$8,432
Pension Plan Contributions$6,425$263$429$7,117
Grants to Domestic Individuals$4,500--$4,500
All Other Expenses-$1,276-$1,276
Total Functional Expenses$2,154,734$373,800$192,418$2,720,952

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,875,250
Expenses per Audited Statements$2,720,952
Total Expenses per Form 990$2,720,952
Expenses Not Reported on Form 990$154,298
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$176,268
Advance from governmental agencies$40,000
Refundable advance$18,801
Lease obligations - Finance leases-
Lease obligations - Operating leases-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

“The by-laws were amended and approved in 2022. Other policies, such as the document retention and destruction, whistleblower and confilict of interest, were updated and approved in 2023. Other new policies, such as the investment policy and gift acceptance policy, were also approved in 2023.”

Form 990, Part VI, Section B, Line 11B

“An audit committee made up of the treasurer, a board member at large, and the executive director reviews form 990 prior to filing.”

Form 990, Part VI, Section B, Line 12C

“The written conflict of interest policy requires all directors to complete disclosure forms annually. The treasurer ensures that all forms are submitted and reviewed with the executive committee for any that disclose actual or potential threats of conflict of interest.”

Form 990, Part VI, Section B, Line 15A

“The board of directors review and approve executive salaries as well as review and approve any increases to management salaries.”

Form 990, Part VI, Section C, Line 19

“The governing documents, conflict of interest policy and audited financial statements are available upon request. In addition, the organization submits its nys char-500 report with the new york state office of attorney general. The char-500 report and audited financial statements are on the charities bureau website.”

Filing and Contact Details

Filer

Filer Name
Chhaya Community Development Corporation
EIN
11-3580935
Phone
7184783848
Address
37-43 77TH STREET 2ND FLOOR, JACKSON HEIGHTS, NY 11372

Signing Officer

Name
Annetta Seecharran
Title
Executive Director
Phone
7184783848
Signed
2024-11-06
Discuss with paid preparer
Yes

Organization Details

Formed
2001
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
29
Volunteers
35

Preparer

Firm
Winnie Tam & Co Pc
Address
50 BROAD STREET SUITE 1002, NEW YORK, NY 10004
Preparer
Jessie Tam-moy
Phone
2127854600
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

“Program Service Expenses 161,010, Grants and allocations 3,000, Revenue 65,696 CIVIC ENGAGEMENT WORKS TO EDUCATE COMMUNITY MEMBERS ABOUT CIVIC ENGAGEMENT, INCLUDING HELPING COMMUNITY MEMBERS TO VOTE, ENCOURAGING VOTERS TO GET OUT THE VOTE, HOLDING CANDIDATE FORUMS TO GIVE THE COMMUNITY THE ABILITY TO ASK QUESTIONS TO CANDIDATES FOR OFFICE, AND ADVOCATING FOR REGULATIONS THAT MAKE IT EASIER FOR IMMIGRANTS TO VOTE.”

Form 990, Part III, Line 4D

“Program Service Expenses 276,034, Grants and allocations 0, Revenue 180,164 SMALL BUSINESS WORKS WITH NEW YORK CITYS SOUTH ASIAN COMMUNITIES TO IDENTIFY SHARED NEEDS AND ISSUES, AND ALSO WORKS WITH COMMUNITY MEMBERS, LEADERS, AND PARTNER ORGANIZATIONS ON INITIATIVES AND EVENTS TO ADDRESS THOSE GROWING NEEDS.”

Financial Statement Notes

X 2

“- chhaya adopted financial accounting standards board fasb guidance on uncertain income tax positions in its financial statements. Chhaya recognizes the effect of tax positions only when they are more likely than not of being sustained. Management is not aware of any violation of its tax status as an organization exempt from income taxes.”

Raw XML AppendixShowing 400 of 579 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0CHHAYA COMMUNITY DEVELOPMENT CORPORATION IS A NON-PROFIT ORGANIZATION THAT BUILDS THE POWER, HOUSING STABILITY AND ECONOMIC WELL-BEING OF SOUTH ASIAN AND INDO-CARRIBEAN COMMUNITIES IN NEW YORK CITY.
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IRS990/CashNonInterestBearingGrp/EOYAmt0966190
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IRS990/CreditCounselingInd0false
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IRS990/CYTotalRevenueAmt03571170
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
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IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt08693
IRS990/DepreciationDepletionGrp/TotalAmt08693
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IRS990/EmployeeCnt029
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IRS990/ExpenseAmt0963857
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IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
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