Civic Intelligence

Community Housing Initiative Inc

EIN 35-2036890 • 501(c)3 • Whitestown, IN

Profile

To promote scientific, educational and charitable purposes within the meaning of section 501(c)(3) of internal revenue code. Consistent with these purposes, community housing is organized to provide decent housing that is affordable to low-income and moderate-income persons and to promote, formulate, conduct, administer and otherwise assist in research, programs and studies in the files of housing and urban development. Community housing is a public benefit corporation within the meaning of i.c. 23-17-2-23.

8 S Main St Ste 101 PO Box 396Whitestown, IN 46075

n/A

Siviq Scores

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

Liabilities / Assets

96th percentile

1.48x

Higher debt load relative to assets than 96% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

93rd percentile

2.13x

Higher debt load relative to revenue than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

78th percentile

27%

Higher net margin than 78% of similar nonprofits.

501(c)3 • $1M-$5M 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

48th percentile

3.1%

Faster asset growth than 48% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

72nd percentile

24%

Faster revenue growth than 72% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Assets

Up

$1,999,100

Up $272,298 (+16%) from 2023

Liabilities

Down

$2,963,877

Down $98,849 (-3.2%) from 2023

Net Assets

Up

-$964,777

Up $371,147 (+28%) from 2023

Revenue

Up

$1,391,175

Up $417,062 (+43%) from 2023

Expenses

Down

$1,020,028

Down $46,539 (-4.4%) from 2023

Net Income

Up

$371,147

Up $463,601 (+501%) from 2023

Trend Graphs

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0MAssets 2017: $2,088,770Liabilities 2017: $3,315,703Net Assets 2017: -$1,226,9332017Assets 2019: $1,899,331Liabilities 2019: $3,252,315Net Assets 2019: -$1,352,9842019Assets 2020: $1,927,101Liabilities 2020: $3,183,386Net Assets 2020: -$1,256,2852020Assets 2021: $1,917,804Liabilities 2021: $3,139,191Net Assets 2021: -$1,221,3872021Assets 2022: $1,881,753Liabilities 2022: $3,125,223Net Assets 2022: -$1,243,4702022Assets 2023: $1,726,802Liabilities 2023: $3,062,726Net Assets 2023: -$1,335,9242023Assets 2024: $1,999,100Liabilities 2024: $2,963,877Net Assets 2024: -$964,7772024

Highlighted filing

2024

Assets$1,999,100
Liabilities$2,963,877
Net Assets-$964,777

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2017: $609,289Expenses 2017: $734,677Net Income 2017: -$125,3882017Revenue 2019: $714,330Expenses 2019: $758,963Net Income 2019: -$44,6332019Revenue 2020: $952,097Expenses 2020: $756,699Net Income 2020: $195,3982020Revenue 2021: $934,991Expenses 2021: $900,093Net Income 2021: $34,8982021Revenue 2022: $901,699Expenses 2022: $942,564Net Income 2022: -$40,8652022Revenue 2023: $974,113Expenses 2023: $1,066,567Net Income 2023: -$92,4542023Revenue 2024: $1,391,175Expenses 2024: $1,020,028Net Income 2024: $371,1472024

Highlighted filing

2024

Revenue$1,391,175
Expenses$1,020,028
Net Income$371,147

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Nov 1, 2023 to Oct 31, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$1,486,411
Mission and Program Overview

Mission

To promote scientific, educational and charitable purposes within the meaning of section 501(c)(3) of internal revenue code. Consistent with these purposes, community housing is organized to provide decent housing that is affordable to low-income and moderate-income persons and to promote, formulate, conduct, administer and otherwise assist in research, programs and studies in the files of housing and urban development. Community housing is a public benefit corporation within the meaning of i.c. 23-17-2-23.

Affordable housing - see part iii line 1 for mission statement.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,119,483$934,638▼ $184,845
Cash and Non-Interest-Bearing Accounts$173,426$624,114▲ $450,688
Accounts Receivable$29,274$27,214▼ $2,060
Prepaid Expenses and Deferred Charges$19,658$22,638▲ $2,980
Total Assets$1,726,802$1,999,100▲ $272,298
Other Assets Total$384,961$390,496▲ $5,535
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,946,231$2,861,945▼ $84,286
Other Liabilities$76,108$76,105▼ $3
Accounts Payable and Accrued Expenses$40,387$25,827▼ $14,560
Total Liabilities$3,062,726$2,963,877▼ $98,849
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,335,924$-964,777▲ $371,147
Total Net Assets Fund Balance$-1,335,924$-964,777▲ $371,147
Total Liabilities and Net Assets / Fund Balance$1,726,802$1,999,100▲ $272,298

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$797,124$4,915,094$5,712,218
Equipment$0$347,494$347,494
Land$137,514-$137,514
Other Assets Org$53,674--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$551,758
Program Service Revenue
$476,209
Investment Income
$358,617
Other Revenue
$4,591
Change in Net Assets
$371,147

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,391,175
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,391,175
Total Revenue per Form 990
$1,391,175
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$826,700
Salaries, Compensation, and Employee Benefits$193,328
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$369,269--$369,269
Other Salaries and Wages$173,868--$173,868
Depreciation Depletion$145,206--$145,206
Fees for Services Management-$108,546-$108,546
Insurance$60,749--$60,749
Fees for Services Accounting-$40,850-$40,850
Interest$30,054--$30,054
Office Expenses-$20,025-$20,025
Other Employee Benefits-$14,783-$14,783
Fees for Services Legal-$5,723-$5,723
Payroll Taxes$4,677--$4,677
Advertising-$2,055-$2,055
Other Expenses$24,258$1,779-$1,779
Total Functional Expenses$808,081$211,947$0$1,020,028

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,020,028
Total Expenses per Audited Statements$1,020,028
Total Expenses per Form 990$1,020,028
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$51,408
Accrued Real Estate Taxes$18,557
Prepaid Revenue$3,700
Accrued Mortgage Interest$2,440
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Community housing initiative, inc. Has a management agent contract with landmark management company, inc and justus management company for daily operations. On a monthly basis, management companies reports to the board of directors on financial operations and compliance with laws and regulations.

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

Community housing initiative executive director and management agent reviews internal revenue service (irs) form 990 with preparer. After review and revisions, it is presented to the full board of directors before filing with the irs.

Form 990, Part VI, Section C, Line 19

Community housing initiative, inc. Makes governing documents, financial statements and tax returns available upon written request.

Filing and Contact Details

Filer

Filer Name
Community Housing Initiative Inc
EIN
35-2036890
Phone
3178344756
Address
8 S MAIN ST STE 101 PO BOX 396, WHITESTOWN, IN 46075

Signing Officer

Name
Mitchell L Walters
Title
President
Phone
3178344756
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mitchell L Walters
Formed
1998
Legal Domicile
In
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
AGRESTA STORMS & O'LEARY PC
Address
5140 COMMERCE CIRCLE, INDIANAPOLIS, IN 46237
Preparer
Robert E Jessie
Phone
3177809850
Supplemental Narrative

Additional Explanations

Form 990 Part XII, Line 2C

Community housing initiative, inc. Board of directors with the management agents assumes responsibility for the oversight of the audited financial statements and responsible for the selection of independent accountant.

Financial Statement Notes

PART X, LINE 2:

Chi has determined that there are no uncertain tax positions that would require recognition in the financial statements. If chi were to incur an income tax liability in the future, interest on any income tax liability would be reported as interest expense, and penalties on any income tax would be reported as penalties. Management's conclusions regarding uncertain tax positions may be subject to review and adjustment at a later date based on ongoing analysis of tax laws, regulations, and interpretations thereof, as well as other factors. Chi is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Chi's management believes it is no longer subject to income tax examinations for years prior to 2021.

Raw XML Appendix399 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt040387
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt025827
IRS990/AccountsReceivableGrp/BOYAmt029274
IRS990/AccountsReceivableGrp/EOYAmt027214
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0AFFORDABLE HOUSING - SEE PART III LINE 1 FOR MISSION STATEMENT.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt02055
IRS990/AdvertisingGrp/TotalAmt02055
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JUSTUS PROPERTY MANAGEMENT INC
IRS990/BooksInCareOfDetail/PhoneNum03178344756
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt08 SOUTH MAIN STREET SUITE 101
IRS990/BooksInCareOfDetail/USAddress/CityNm0WHITESTOWN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd046075
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0173426
IRS990/CashNonInterestBearingGrp/EOYAmt0624114
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0551758
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0358617
IRS990/CYOtherExpensesAmt0826700
IRS990/CYOtherRevenueAmt04591
IRS990/CYProgramServiceRevenueAmt0476209
IRS990/CYRevenuesLessExpensesAmt0371147
IRS990/CYSalariesCompEmpBnftPaidAmt0193328
IRS990/CYTotalExpensesAmt01020028
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01391175
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0145206
IRS990/DepreciationDepletionGrp/TotalAmt0145206
IRS990/Desc0TO PROVIDE LOW-INCOME HOUSING FOR ELDERLY AND DISABLED INDIVIDUALS SUBSIDIZED BY A CONTRACT WITH U.S. DEPARTMENT OF AGRICULTURE RURAL DEVELOPMENT. COMMUNITY HOUSING IS MADE UP OF SIX APARTMENT COMPLEXES LOCATED IN INDIANA AND ARIZONA.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0808081
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt040850
IRS990/FeesForServicesAccountingGrp/TotalAmt040850
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt05723
IRS990/FeesForServicesLegalGrp/TotalAmt05723
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0108546
IRS990/FeesForServicesManagementGrp/TotalAmt0108546
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0MITCHELL L WALTERS
IRS990/Form990PartVIISectionAGrp/PersonNm1STEPHANIE J WALTERS
IRS990/Form990PartVIISectionAGrp/PersonNm2STEVEN K WALTERS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2VP
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0354764
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GovernmentGrantsAmt0551758
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0450000
IRS990/GrossReceiptsAmt01486411
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt060749
IRS990/InsuranceGrp/TotalAmt060749
IRS990/InterestGrp/ProgramServicesAmt030054
IRS990/InterestGrp/TotalAmt030054
IRS990/InvestmentIncomeGrp/ExclusionAmt03853
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03853
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05262588
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01119483
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0934638
IRS990/LandBldgEquipCostOrOtherBssAmt06197226
IRS990/LegalDomicileStateCd0IN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt095236
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE SCIENTIFIC, EDUCATIONAL AND CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF INTERNAL REVENUE CODE. CONSISTENT WITH THESE PURPOSES, COMMUNITY HOUSING IS ORGANIZED TO PROVIDE DECENT HOUSING THAT IS AFFORDABLE TO LOW-INCOME AND MODERATE-INCOME PERSONS AND TO PROMOTE, FORMULATE, CONDUCT, ADMINISTER AND OTHERWISE ASSIST IN RESEARCH, PROGRAMS AND STUDIES IN THE FILES OF HOUSING AND URBAN DEVELOPMENT. COMMUNITY HOUSING IS A PUBLIC BENEFIT CORPORATION WITHIN THE MEANING OF I.C. 23-17-2-23.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02946231
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02861945
IRS990/NetAssetsOrFundBalancesBOYAmt0-1335924
IRS990/NetAssetsOrFundBalancesEOYAmt0-964777
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0354764
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0354764
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-1335924
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-964777
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0369269
IRS990/OccupancyGrp/TotalAmt0369269
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt020025
IRS990/OfficeExpensesGrp/TotalAmt020025
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0384961
IRS990/OtherAssetsTotalGrp/EOYAmt0390496
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt014783
IRS990/OtherEmployeeBenefitsGrp/TotalAmt014783
IRS990/OtherExpensesGrp/Desc0BAD DEBTS
IRS990/OtherExpensesGrp/Desc1TELEPHONE AND INTERNET
IRS990/OtherExpensesGrp/Desc2OTHER ADMIN EXPENSES
IRS990/OtherExpensesGrp/Desc3TRAINING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010478
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17708
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21779
IRS990/OtherExpensesGrp/ProgramServicesAmt024258
IRS990/OtherExpensesGrp/TotalAmt024258
IRS990/OtherExpensesGrp/TotalAmt110478
IRS990/OtherExpensesGrp/TotalAmt27708
IRS990/OtherExpensesGrp/TotalAmt31779
IRS990/OtherLiabilitiesGrp/BOYAmt076108
IRS990/OtherLiabilitiesGrp/EOYAmt076105
IRS990/OtherRevenueMiscGrp/BusinessCd0812300
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY AND VENDING
IRS990/OtherRevenueMiscGrp/ExclusionAmt04591
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04591
IRS990/OtherRevenueTotalAmt04591
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0173868
IRS990/OtherSalariesAndWagesGrp/TotalAmt0173868
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt04677
IRS990/PayrollTaxesGrp/TotalAmt04677
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt019658
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt022638
IRS990/PrincipalOfficerNm0MITCHELL L WALTERS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENT AND CHARGE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0476209
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0476209
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0484464
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01366
IRS990/PYOtherExpensesAmt0882085
IRS990/PYOtherRevenueAmt05990
IRS990/PYProgramServiceRevenueAmt0482293
IRS990/PYRevenuesLessExpensesAmt0-92454
IRS990/PYSalariesCompEmpBnftPaidAmt0184482
IRS990/PYTotalExpensesAmt01066567
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0974113
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0371147
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0830973
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01027967
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0966757
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0894073
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0927474
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0738149
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04554420
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03853
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01366
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt020
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt023
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt082
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05344
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt04591
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt05990
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt016693
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt07494
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt05433
IRS990ScheduleA/OtherIncome170Grp/TotalAmt040201
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99010
IRS990ScheduleA/PublicSupportPY170Pct00.99030
IRS990ScheduleA/PublicSupportTotal170Amt04554420
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01027967
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0966757
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0894073
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0927474
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0738149
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04554420
IRS990ScheduleA/TotalSupportAmt04599965
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0797124
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04915094
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05712218
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0347494
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0347494
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01020028
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0137514
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0137514
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt027965
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1308857
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt253674
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TAX AND INSURANCE ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02440
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt118557
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt251408
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt33700
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED MORTGAGE INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED REAL ESTATE TAXES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3PREPAID REVENUE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01391175
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CHI HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. IF CHI WERE TO INCUR AN INCOME TAX LIABILITY IN THE FUTURE, INTEREST ON ANY INCOME TAX LIABILITY WOULD BE REPORTED AS INTEREST EXPENSE, AND PENALTIES ON ANY INCOME TAX WOULD BE REPORTED AS PENALTIES. MANAGEMENT'S CONCLUSIONS REGARDING UNCERTAIN TAX POSITIONS MAY BE SUBJECT TO REVIEW AND ADJUSTMENT AT A LATER DATE BASED ON ONGOING ANALYSIS OF TAX LAWS, REGULATIONS, AND INTERPRETATIONS THEREOF, AS WELL AS OTHER FACTORS. CHI IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. CHI'S MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0934638
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0390496
IRS990ScheduleD/TotalExpensesPerForm990Amt01020028
IRS990ScheduleD/TotalLiabilityAmt076105
IRS990ScheduleD/TotalRevenuePerForm990Amt01391175
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01391175
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01020028
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COMMUNITY HOUSING INITIATIVE, INC. HAS A MANAGEMENT AGENT CONTRACT WITH LANDMARK MANAGEMENT COMPANY, INC AND JUSTUS MANAGEMENT COMPANY FOR DAILY OPERATIONS. ON A MONTHLY BASIS, MANAGEMENT COMPANIES REPORTS TO THE BOARD OF DIRECTORS ON FINANCIAL OPERATIONS AND COMPLIANCE WITH LAWS AND REGULATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMMUNITY HOUSING INITIATIVE EXECUTIVE DIRECTOR AND MANAGEMENT AGENT REVIEWS INTERNAL REVENUE SERVICE (IRS) FORM 990 WITH PREPARER. AFTER REVIEW AND REVISIONS, IT IS PRESENTED TO THE FULL BOARD OF DIRECTORS BEFORE FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMMUNITY HOUSING INITIATIVE, INC. MAKES GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND TAX RETURNS AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMMUNITY HOUSING INITIATIVE, INC. BOARD OF DIRECTORS WITH THE MANAGEMENT AGENTS ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDITED FINANCIAL STATEMENTS AND RESPONSIBLE FOR THE SELECTION OF INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990 PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01726802
IRS990/TotalAssetsEOYAmt01999100
IRS990/TotalAssetsGrp/BOYAmt01726802
IRS990/TotalAssetsGrp/EOYAmt01999100
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0551758
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0211947
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0808081
IRS990/TotalFunctionalExpensesGrp/TotalAmt01020028
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03062726
IRS990/TotalLiabilitiesEOYAmt02963877
IRS990/TotalLiabilitiesGrp/BOYAmt03062726
IRS990/TotalLiabilitiesGrp/EOYAmt02963877
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1335924
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-964777
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0808081
IRS990/TotalProgramServiceRevenueAmt0476209
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt08444
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0830973
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01391175
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01726802
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01999100
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08 S MAIN ST STE 101 PO BOX 396
IRS990/USAddress/CityNm0WHITESTOWN
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046075
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MITCHELL L WALTERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03178344756
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COMMUNITY HOUSING INITIATIVE INC
ReturnHeader/Filer/BusinessNameControlTxt0COMM
ReturnHeader/Filer/EIN0352036890
ReturnHeader/Filer/PhoneNum03178344756
ReturnHeader/Filer/USAddress/AddressLine1Txt08 S MAIN ST STE 101 PO BOX 396
ReturnHeader/Filer/USAddress/CityNm0WHITESTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046075
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0562353893
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0AGRESTA STORMS & O'LEARY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05140 COMMERCE CIRCLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0INDIANAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046237
ReturnHeader/PreparerPersonGrp/PhoneNum03177809850
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT E JESSIE
ReturnHeader/ReturnTs02025-05-15T13:24:17-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-11-01
ReturnHeader/TaxPeriodEndDt02024-10-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.