Liabilities / Assets
36th percentile
Higher debt load relative to assets than 36% of similar nonprofits.
990 • Fiscal year 2014 • EIN 74-2229383
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
36th percentile
Higher debt load relative to assets than 36% of similar nonprofits.
Liabilities / Revenue
81st percentile
Higher debt load relative to revenue than 81% of similar nonprofits.
Net Margin
71st percentile
Higher net margin than 71% of similar nonprofits.
Top Officer Pay
28th percentile
Higher top officer pay than 28% of similar nonprofits.
Top officer pay equals 9.1% of source-year revenue.
Asset Growth
39th percentile
Faster asset growth than 39% of similar nonprofits.
Revenue Growth
26th percentile
Faster revenue growth than 26% of similar nonprofits.
Assets
Up$12,105,950
Up $88,086 (+0.7%) from 2013
Net Assets
Up$10,688,714
Up $151,802 (+1.4%) from 2013
Liabilities
Down$1,417,236
Down $63,716 (-4.3%) from 2013
Revenue
$1,268,854
No earlier filing loaded for comparison.
Expenses
Down$1,117,052
Down $182,880 (-14%) from 2013
Net Income
$151,802
No earlier filing loaded for comparison.
Colorado Housing Assistance Corporation (CHAC) was established in 1982 to help make housing and successful homeownership affordable to low and moderate income Coloradans by offering programs that create and preserve homeownership, prevent displacement (continued Schedule O) (continued) of long-term neighborhood residents, stabilize neighborhoods, and introduce innovative ways to mobilize private and public investment to achieve these goals. CHAC activities include originating and servicing second mortgage loans and grants, and counseling and education to increase and maintain home ownership opportunities throughout the State of Colorado.
See Schedule OColorado Housing Assistance Corporation (CHAC) was established in 1982 to further the development of affordable housing by offering programs that create and preserve homeownership for low and moderate income families, prevent displacement of long-term neighborhood residents, stabilize neighborhoods, and introduce innovative ways to mobilize private and public investment to achieve these goals.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $8,302,477 | $7,921,525 | ▼ $380,952 |
| Cash and Non-Interest-Bearing Accounts | $1,211,000 | $1,795,670 | ▲ $584,670 |
| Savings and Temporary Cash Investments | $1,267,908 | $1,286,209 | ▲ $18,301 |
| Land, Buildings, and Equipment, Net | $640,181 | $619,460 | ▼ $20,721 |
| Accounts Receivable | $368,623 | $352,303 | ▼ $16,320 |
| Pledges and Grants Receivable | $216,357 | $122,527 | ▼ $93,830 |
| Prepaid Expenses and Deferred Charges | $5,297 | $2,946 | ▼ $2,351 |
| Total Assets | $12,017,864 | $12,105,950 | ▲ $88,086 |
| Other Assets Total | $6,021 | $5,310 | ▼ $711 |
| Liabilities | |||
| Other Liabilities | $900,000 | $900,000 | → $0 |
| Mortgage Notes Payable Secured by Investment Property | $503,257 | $447,124 | ▼ $56,133 |
| Accounts Payable and Accrued Expenses | $77,695 | $70,112 | ▼ $7,583 |
| Total Liabilities | $1,480,952 | $1,417,236 | ▼ $63,716 |
| Net Assets / Fund Balance | |||
| Temporarily Rstr Net Assets | $7,084,620 | $7,398,245 | ▲ $313,625 |
| Unrestricted Net Assets | $3,452,292 | $3,290,469 | ▼ $161,823 |
| Total Net Assets Fund Balance | $10,536,912 | $10,688,714 | ▲ $151,802 |
| Total Liabilities and Net Assets / Fund Balance | $12,017,864 | $12,105,950 | ▲ $88,086 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $406,833 | $189,218 | $596,051 |
| Land | $190,000 | - | $190,000 |
| Other Land Buildings | $22,627 | $70,031 | $92,658 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Michelle Mitchell | President | FT | $104,300 | $10,680 | $114,980 |
| Linda Napier | Vice President | FT | $90,036 | $2,701 | $92,737 |
| Name | Title |
|---|---|
| Peter Hynes | Board Chair |
| Dan McMahon | Vice Chair |
| Bill Lunsford | Board Member |
| Bruce Robbins | Board Member |
| Carlos Ramos | Board Member |
| Harold Bouchard | Board Member |
| Jay Rabideau | Board Member |
| Justine Willman | Board Member |
| Letitia Horace | Board Member |
| Rodger Hara | Board Member |
| Scot Barker | Board Member |
| Susan Alires | Board Member |
| William Steitz | Asst Secretary |
| Larry Nelson | Secretary |
| Michael Gilbert | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $629,303 |
| Salaries, Compensation, and Employee Benefits | $437,681 |
| Grants and Similar Amounts Paid | $50,068 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $180,016 | $33,286 | - | $213,302 |
| Other Salaries and Wages | $159,408 | $5,594 | - | $165,002 |
| Fees for Services Other | $23,316 | $27,272 | - | $50,588 |
| Grants to Domestic Individuals | $50,068 | - | - | $50,068 |
| Other Employee Benefits | $26,679 | $1,594 | - | $28,273 |
| Payroll Taxes | $25,040 | $2,751 | - | $27,791 |
| Office Expenses | $25,243 | $2,460 | - | $27,703 |
| Occupancy | $22,106 | $2,186 | - | $24,292 |
| Interest | $19,077 | $1,380 | - | $20,457 |
| Depreciation Depletion | $17,608 | $1,741 | - | $19,349 |
| Insurance | $7,510 | $686 | - | $8,196 |
| Other Expenses | $5,985 | $271 | - | $6,256 |
| Pension Plan Contributions | $3,200 | $113 | - | $3,313 |
| Conferences and Meetings | $3,010 | $296 | - | $3,306 |
| Fees for Services Legal | - | $985 | - | $985 |
| Total Functional Expenses | $1,036,423 | $80,629 | $0 | $1,117,052 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $1,127,510 |
| Expenses per Audited Statements | $1,117,052 |
| Total Expenses per Form 990 | $1,117,052 |
| Expenses Not Reported on Form 990 | $10,458 |
| Expenses Not Reported on Financial Statements | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Equity equivalent investments | $900,000 |
“The Form 990 is reviewed by management and made available to the Board for review prior to filing with the IRS.”
“The organization relies on board members and management to self disclose any conflicts of interest.”
“The Board of Directors reviews the salary of the President and Vice President on an annual basis. These reviews include salary information obtained directly by board members or from other local sources.”
“Documents are available by direct request or through various public access websites. The organization's website has a grievance policy posted as well as abbreviated financial information obtained from its posted annual report.”
“Colorado Housing Assistance Corporation's Board of Directors assumes the responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process has not changed from prior years.”
“CHAC is required to report uncertain tax positions. After evaluating the tax positions taken, none are considered to be uncertain; therefore, no amounts have been recognized as of June 30, 2014 and 2013. If incurred, interest and penalties associated with uncertain tax positions would be recorded in the period assessed as other operating expenses. No interest and penalties have been assessed as of June 30, 2014 and 2013. The three previous tax years (years ended June 30, 2011 through 2013) remain subject to examination, generally for three years after they are filed.”
“Rental expense netted against rental income for tax reporting -10,458.”
“Rental expense netted against rental income for tax reporting 10,458.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 77695 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 70112 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 368623 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 352303 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | See Schedule OColorado Housing Assistance Corporation (CHAC) was established in 1982 to further the development of affordable housing by offering programs that create and preserve homeownership for low and moderate income families, prevent displacement of long-term neighborhood residents, stabilize neighborhoods, and introduce innovative ways to mobilize private and public investment to achieve these goals. |
| IRS990/AllOtherContributionsAmt | 0 | 12376 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1 | 0 | Michelle Mitchell |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3035729445 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 670 Santa Fe Dr |
| IRS990/BooksInCareOfDetail/USAddress/City | 0 | Denver |
| IRS990/BooksInCareOfDetail/USAddress/State | 0 | CO |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 802044427 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 1211000 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1795670 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 33286 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 180016 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 213302 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 296 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 3010 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 3306 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 819188 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 50068 |
| IRS990/CYInvestmentIncomeAmt | 0 | 2519 |
| IRS990/CYOtherExpensesAmt | 0 | 629303 |
| IRS990/CYOtherRevenueAmt | 0 | 195 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 446952 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 151802 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 437681 |
| IRS990/CYTotalExpensesAmt | 0 | 1117052 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1268854 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 1741 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 17608 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 19349 |
| IRS990/Desc | 0 | Loan services for the loans originated with the first time homebuyer and foreclosure prevention loan programs. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 8 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 644235 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditPerformedInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 1 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 985 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 985 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 27272 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 23316 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 50588 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 16 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 10680 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 2701 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Carlos Ramos |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Bill Lunsford |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Larry Nelson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | William Steitz |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Peter Hynes |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Michael Gilbert |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Scot Barker |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Susan Alires |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | Harold Bouchard |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | Rodger Hara |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | Bruce Robbins |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | Letitia Horace |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | Jay Rabideau |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | Dan McMahon |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | Justine Willman |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | Michelle Mitchell |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | Linda Napier |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 104300 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 90036 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Asst Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Board Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | Vice Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | Vice President |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/Form990TFiledInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1982 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 15 |
| IRS990/GovernmentGrantsAmt | 0 | 806812 |
| IRS990/GrantAmt | 0 | 50068 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 50068 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 50068 |
| IRS990/GrantsToIndividualsInd | 0 | 1 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 1279312 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 10533 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 15 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 686 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 7510 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 8196 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 1380 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 19077 |
| IRS990/InterestGrp/TotalAmt | 0 | 20457 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 2519 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 2519 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 1 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 259249 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 640181 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 619460 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 878709 |
| IRS990/LegalDomicileStateCd | 0 | CO |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 10458 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | See Schedule OColorado Housing Assistance Corporation (CHAC) was established in 1982 to further the development of affordable housing by offering programs that create and preserve homeownership for low and moderate income families, prevent displacement of long-term neighborhood residents, stabilize neighborhoods, and introduce innovative ways to mobilize private and public investment to achieve these goals. CHAC activities include originating and servicing second mortgage loans and grants, and counseling and education to increase and maintain home ownership opportunities throughout the State of Colorado. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 503257 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 447124 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 10536912 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 10688714 |
| IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt | 0 | 47 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 75 |
| IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt | 0 | 28 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 2186 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 22106 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 24292 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 2460 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 25243 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 27703 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 6021 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 5310 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 1594 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 26679 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 28273 |
| IRS990/OtherExpensesGrp/Desc | 0 | Provision for loan loss |
| IRS990/OtherExpensesGrp/Desc | 1 | Refundable grant exp |
| IRS990/OtherExpensesGrp/Desc | 2 | Bank,loan & other fees |
| IRS990/OtherExpensesGrp/Desc | 3 | Misc. Expenses |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 14 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 271 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 431376 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 21022 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 15759 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 5985 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 431376 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 21022 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 15773 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 6256 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 900000 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 900000 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | Miscellaneous income |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 120 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 120 |
| IRS990/OtherRevenueTotalAmt | 0 | 120 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 5594 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 159408 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 165002 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 8302477 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 7921525 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 2751 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 25040 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 27791 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 113 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 3200 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 3313 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 216357 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 122527 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 5297 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 2946 |
| IRS990/PrincipalOfficerNm | 0 | Michelle Mitchell |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Origination/servicing |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Loan interest revenue |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | Counseling & education |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 170629 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 170473 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 105850 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 170629 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 170473 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 105850 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Loan origination: First time homebuyer programs for low and moderate income individuals and those with disabilities. All loans are second mortgage loans and are being given to those who cannot obtain traditional financing without assistance. Foreclosure prevention loan program for assistance to homeowners with credit and payment problems. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 187282 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 170749 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | Home ownership counseling and education for first time homebuyers and those facing foreclosures. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 204906 |
| IRS990/ProgSrvcAccomActy3Grp/RevenueAmt | 0 | 105850 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 944232 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 68731 |
| IRS990/PYInvestmentIncomeAmt | 0 | 2515 |
| IRS990/PYOtherExpensesAmt | 0 | 816671 |
| IRS990/PYOtherRevenueAmt | 0 | 928 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 433962 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 81705 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 414530 |
| IRS990/PYTotalExpensesAmt | 0 | 1299932 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1381637 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 151802 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 75 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 170473 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1267908 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 1286209 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 819188 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 944232 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 991024 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 709082 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 3357168 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 6820694 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 2566 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2515 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3345 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 4601 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 4882 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 17909 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 1901676 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.99740 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.99680 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 6820694 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 819188 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 944232 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 991024 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 709082 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 3357168 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 6820694 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 6838631 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt | 0 | 28 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 28 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
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Displayed year
2014 • Form 990Detailed filing. Detailed filing data is available for this year.