Civic Intelligence

Chaffee Housing Trust

990 • Fiscal year 2019 • EIN 26-2123010

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 12, 2021

Organization Profilewww.chaffeehousing.org
PO Box 692Buena Vista, CO 81211

(719) 239-1199

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

74th percentile

0.34x

Higher debt load relative to assets than 74% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

84th percentile

0.80x

Higher debt load relative to revenue than 84% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

97th percentile

85%

Higher net margin than 97% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

48th percentile

$57,000

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 6.6% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

86th percentile

30%

Faster asset growth than 86% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

91st percentile

71%

Faster revenue growth than 91% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets74th percentile

Assets

Up

$2,039,852

Up $474,386 (+30%) from 2018

Net Assets

Up

$1,346,267

Up $730,141 (+119%) from 2018

Liabilities

Down

$693,585

Down $255,755 (-27%) from 2018

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin97th percentile

Revenue

Up

$867,466

Up $360,462 (+71%) from 2018

Expenses

Up

$133,841

Up $67,339 (+101%) from 2018

Net Income

Up

$733,625

Up $293,123 (+67%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2011: $239,650Liabilities 2011: $36,906Net Assets 2011: $202,7442011Assets 2017: $181,537Liabilities 2017: $2,816Net Assets 2017: $178,7212017Assets 2018: $1,565,466Liabilities 2018: $949,340Net Assets 2018: $616,1262018Assets 2019: $2,039,852Liabilities 2019: $693,585Net Assets 2019: $1,346,2672019Assets 2020: $2,484,220Liabilities 2020: $975,747Net Assets 2020: $1,508,4732020Assets 2021: $4,439,148Liabilities 2021: $2,285,665Net Assets 2021: $2,153,4832021Assets 2022: $5,504,188Liabilities 2022: $1,958,828Net Assets 2022: $3,545,3602022Assets 2023: $7,843,611Liabilities 2023: $4,702,704Net Assets 2023: $3,140,9072023Assets 2024: $17,040,833Liabilities 2024: $11,039,307Net Assets 2024: $6,001,5262024

Highlighted filing

2019

Assets$2,039,852
Liabilities$693,585
Net Assets$1,346,267
Open 2019 Filing

Operations Trend

Revenue Growth91st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $13,217Expenses 2011: $72,004Net Income 2011: -$58,7872011Revenue 2017: $240,147Expenses 2017: $68,278Net Income 2017: $171,8692017Revenue 2018: $507,004Expenses 2018: $66,502Net Income 2018: $440,5022018Revenue 2019: $867,466Expenses 2019: $133,841Net Income 2019: $733,6252019Revenue 2020: $367,349Expenses 2020: $205,143Net Income 2020: $162,2062020Revenue 2021: $1,026,057Expenses 2021: $393,247Net Income 2021: $632,8102021Revenue 2022: $1,783,502Expenses 2022: $391,625Net Income 2022: $1,391,8772022Revenue 2023: $583,435Expenses 2023: $987,891Net Income 2023: -$404,4562023Revenue 2024: $2,004,491Expenses 2024: $481,453Net Income 2024: $1,523,0382024

Highlighted filing

2019

Revenue$867,466
Expenses$133,841
Net Income$733,625
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 12, 2021
Return Version
2019v5.0
Gross Receipts
$867,466
Mission and Program Overview

Mission

The chaffee housing trust is committed to promoting responsible community development by providing affordable and sustainable home ownership and rentals to qualifying residents.

Provide affordable home ownership and rental opportunities to individuals, families and households earning below certain percentages (80%, 60% & 120%) of the area median income.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$700,288-
Land, Buildings, and Equipment, Net$150,000$365,278▲ $215,278
Prepaid Expenses and Deferred Charges$4,064$284,148▲ $280,084
Pledges and Grants Receivable$7,500$28,861▲ $21,361
Cash and Non-Interest-Bearing Accounts$352,780$6,743▼ $346,037
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,565,466$2,039,852▲ $474,386
Other Assets Total$1,051,122$654,534▼ $396,588
Liabilities
Mortgage Notes Payable Secured by Investment Property$934,026$670,928▼ $263,098
Other Liabilities$14,936$17,355▲ $2,419
Accounts Payable and Accrued Expenses$378$5,302▲ $4,924
Total Liabilities$949,340$693,585▼ $255,755
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$615,626$1,296,267▲ $680,641
Net Assets With Donor Restrictions$500$50,000▲ $49,500
Total Net Assets Fund Balance$616,126$1,346,267▲ $730,141
Total Liabilities and Net Assets / Fund Balance$1,565,466$2,039,852▲ $474,386

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$166,878$1,686$168,564
Land$198,400--
Other Assets Org$485,971--
Compensation and Service Providers
Top Officer Pay48th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Read McCullochExecutive DirectorFT$51,000$6,000$57,000

Board Members and Trustees

NameTitle
Don StephensPresident
Ken MatthewsVice President
Eileen RogersDirector
John GoetzDirector
Keith BakerDirector
Morgan PenningtonDirector
Rebecca HindsDirector
Micki ThompsonSecretary
Greg FolletTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$543,304
Program Service Revenue
$303,892
Investment Income
$224
Other Revenue
$20,046
All Other Contributions
$293,664
Change in Net Assets
$733,625

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table-$79,545Fair Market Value (FMV)
Real Estate Other1$48,400Fair Market Value
Other Non Cash Contri Table-$100Fair Market Value (FMV)
Total Noncash Contributions1$128,045-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$70,879
Salaries, Compensation, and Employee Benefits$62,962
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$45,600$11,400-$57,000
Interest$29,504--$29,504
Fees for Services Accounting$3,154$3,155-$6,309
Payroll Taxes$3,122$780-$3,902
Insurance$1,913$906-$2,819
Other Employee Benefits$1,648$412-$2,060
Depreciation Depletion$1,686--$1,686
Office Expenses$1,538$90-$1,628
Advertising$1,416--$1,416
Conferences and Meetings$956--$956
Fees for Services Legal$378$377-$755
Other Expenses$346--$346
Total Functional Expenses$116,721$17,120$0$133,841
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
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll$8,384
Accrued Compensated Absenc$5,517
Security Deposits$1,850
Payroll Tax Liabilities$1,604
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“990 Distributed to Executive Director for Review”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Chaffee Housing Trust
EIN
26-2123010
Phone
7192391199
Address
PO Box 692, Buena Vista, CO 81211

Signing Officer

Name
Read McCulloch
Title
Executive Director
Signed
2021-11-12
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
9
Independent Board Members
9
Employees
1

Preparer

Firm
Walke & Associates PC
Address
327 E 1st Street, SALIDA, CO 81201
Preparer
Rachael A Walke
Phone
7195398576
Supplemental Narrative

Additional Explanations

Amended Explanation

“Amending to correctly report major contributors and investments in property. The Trust retains undivided minority interests in homes which it has sold to qualifying low- or moderate-income individuals. The Trust has also obtained undivided minority interests in homes sold by third-party developers to qualifying low- or moderate-income individuals. The value of such interests reflects the Trust's undivided percentage interest in each such property's sale price, which is reduced, if applicable, by the value of the underlying land held by the Trust and subject to ground leases. These investments are reported at acquisition value, as there is no readily-determinable fair value for such investments.”

Raw XML AppendixShowing 400 of 478 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
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0378
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt05302
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDE AFFORDABLE HOME OWNERSHIP AND RENTAL OPPORTUNITIES TO INDIVIDUALS, FAMILIES AND HOUSEHOLDS EARNING BELOW CERTAIN PERCENTAGES (80%, 60% & 120%) OF THE AREA MEDIAN INCOME.
IRS990/AdvertisingGrp/ProgramServicesAmt01416
IRS990/AdvertisingGrp/TotalAmt01416
IRS990/AllOtherContributionsAmt0293664
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AmendedReturnInd0X
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Read McCulloch
IRS990/BooksInCareOfDetail/PhoneNum07192391199
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 692
IRS990/BooksInCareOfDetail/USAddress/CityNm0Buena Vista
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd081211
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0352780
IRS990/CashNonInterestBearingGrp/EOYAmt06743
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt011400
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt045600
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt057000
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0956
IRS990/ConferencesMeetingsGrp/TotalAmt0956
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0543304
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0224
IRS990/CYOtherExpensesAmt070879
IRS990/CYOtherRevenueAmt020046
IRS990/CYProgramServiceRevenueAmt0303892
IRS990/CYRevenuesLessExpensesAmt0733625
IRS990/CYSalariesCompEmpBnftPaidAmt062962
IRS990/CYTotalExpensesAmt0133841
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0867466
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01686
IRS990/DepreciationDepletionGrp/TotalAmt01686
IRS990/Desc0PROVIDE AFFORDABLE HOME OWNERSHIP AND RENTAL OPPORTUNITIES TO INDIVIDUALS, FAMILIES AND HOUSEHOLDS EARNING BELOW CERTAIN PERCENTAGES (80%, 60% & 120%) OF THE AREA MEDIAN INCOME.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0500
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt050000
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0116721
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03155
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt03154
IRS990/FeesForServicesAccountingGrp/TotalAmt06309
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0377
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0378
IRS990/FeesForServicesLegalGrp/TotalAmt0755
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt048.60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt06000
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0Read McCulloch
IRS990/Form990PartVIISectionAGrp/PersonNm1Don Stephens
IRS990/Form990PartVIISectionAGrp/PersonNm2Ken Matthews
IRS990/Form990PartVIISectionAGrp/PersonNm3Greg Follet
IRS990/Form990PartVIISectionAGrp/PersonNm4Micki Thompson
IRS990/Form990PartVIISectionAGrp/PersonNm5Keith Baker
IRS990/Form990PartVIISectionAGrp/PersonNm6Morgan Pennington
IRS990/Form990PartVIISectionAGrp/PersonNm7Eileen Rogers
IRS990/Form990PartVIISectionAGrp/PersonNm8John Goetz
IRS990/Form990PartVIISectionAGrp/PersonNm9Rebecca Hinds
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt051000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt0249640
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0867466
IRS990/GrossRentsGrp/RealAmt020008
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt0906
IRS990/InsuranceGrp/ProgramServicesAmt01913
IRS990/InsuranceGrp/TotalAmt02819
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt029504
IRS990/InterestGrp/TotalAmt029504
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0224
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt0224
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01686
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0150000
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0365278
IRS990/LandBldgEquipCostOrOtherBssAmt0366964
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0THE CHAFFEE HOUSING TRUST IS COMMITTED TO PROMOTING RESPONSIBLE COMMUNITY DEVELOPMENT BY PROVIDING AFFORDABLE AND SUSTAINABLE HOME OWNERSHIP AND RENTALS TO QUALIFYING RESIDENTS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0934026
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0670928
IRS990/NetAssetsOrFundBalancesBOYAmt0616126
IRS990/NetAssetsOrFundBalancesEOYAmt01346267
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt020008
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt020008
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0615626
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01296267
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0128045
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt090
IRS990/OfficeExpensesGrp/ProgramServicesAmt01538
IRS990/OfficeExpensesGrp/TotalAmt01628
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01051122
IRS990/OtherAssetsTotalGrp/EOYAmt0654534
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0412
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01648
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02060
IRS990/OtherExpensesGrp/Desc0Downpayment Assistance Grants
IRS990/OtherExpensesGrp/Desc1Association Dues & Expenses
IRS990/OtherExpensesGrp/Desc2Real Estate Taxes
IRS990/OtherExpensesGrp/Desc3Other Expenses
IRS990/OtherExpensesGrp/ProgramServicesAmt018432
IRS990/OtherExpensesGrp/ProgramServicesAmt15016
IRS990/OtherExpensesGrp/ProgramServicesAmt22012
IRS990/OtherExpensesGrp/ProgramServicesAmt3346
IRS990/OtherExpensesGrp/TotalAmt018432
IRS990/OtherExpensesGrp/TotalAmt15016
IRS990/OtherExpensesGrp/TotalAmt22012
IRS990/OtherExpensesGrp/TotalAmt3346
IRS990/OtherLiabilitiesGrp/BOYAmt014936
IRS990/OtherLiabilitiesGrp/EOYAmt017355
IRS990/OtherRevenueMiscGrp/Desc0Misc Income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt038
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt038
IRS990/OtherRevenueTotalAmt038
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0780
IRS990/PayrollTaxesGrp/ProgramServicesAmt03122
IRS990/PayrollTaxesGrp/TotalAmt03902
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt07500
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt028861
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04064
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0284148
IRS990/PriorPeriodAdjustmentsAmt0-3484
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Ground Lease Fees
IRS990/ProgramServiceRevenueGrp/Desc1Sales of Houses
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01280
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1302612
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01280
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1302612
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0506988
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt016
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt019390
IRS990/PYRevenuesLessExpensesAmt0440502
IRS990/PYSalariesCompEmpBnftPaidAmt047112
IRS990/PYTotalExpensesAmt066502
IRS990/PYTotalRevenueAmt0507004
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0733625
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt020008
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0700288
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0543304
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0488247
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0239395
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01270946
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt0750
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt0750
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt020232
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt016
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt020250
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt01271696
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0543304
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0488247
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0240145
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01271696
IRS990ScheduleA/TotalSupportAmt01291946
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0166878
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01686
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0168564
IRS990ScheduleD/LandGrp/BookValueAmt0198400
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0198400
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0168563
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1485971
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Building Held for Sale - Unit B
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Construction in Progress
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Investments in Property
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Loan Fees
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4Site Development
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05517
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt18384
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21604
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt31850
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Accrued Compensated Absenc
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Accrued Payroll
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PAYROLL TAX LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Security Deposits
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0365278
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0654534
IRS990ScheduleD/TotalLiabilityAmt017355
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Services
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1Misc Goods
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt1FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd1X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt079545
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt1100
IRS990ScheduleM/RealEstateOtherGrp/ContributionCnt01
IRS990ScheduleM/RealEstateOtherGrp/MethodOfDeterminingRevenuesTxt0Fair Market Value
IRS990ScheduleM/RealEstateOtherGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateOtherGrp/NoncashContributionsRptF990Amt048400
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990 Distributed to Executive Director for Review
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Amending to correctly report major contributors and investments in property. The Trust retains undivided minority interests in homes which it has sold to qualifying low- or moderate-income individuals. The Trust has also obtained undivided minority interests in homes sold by third-party developers to qualifying low- or moderate-income individuals. The value of such interests reflects the Trust's undivided percentage interest in each such property's sale price, which is reduced, if applicable, by the value of the underlying land held by the Trust and subject to ground leases. These investments are reported at acquisition value, as there is no readily-determinable fair value for such investments.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,039,852
Liabilities
$693,585
Net assets
$1,346,267
Revenue
$867,466
Expenses
$133,841
Net income
$733,625
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$17.0$11.0$6.00$2.00$0.48$1.52
2023Detailed filing. Detailed filing data is available for this year.$7.84$4.70$3.14$0.58$0.99$0.40
2022Detailed filing. Detailed filing data is available for this year.$5.50$1.96$3.55$1.78$0.39$1.39
2021Detailed filing. Detailed filing data is available for this year.$4.44$2.29$2.15$1.03$0.39$0.63
2020Detailed filing. Detailed filing data is available for this year.$2.48$0.98$1.51$0.37$0.21$0.16
2019Detailed filing. Detailed filing data is available for this year.$2.04$0.69$1.35$0.87$0.13$0.73
2018Detailed filing. Detailed filing data is available for this year.$1.57$0.95$0.62$0.51$0.07$0.44
2017Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.24$0.07$0.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.04$0.20$0.01$0.07$0.06