Civic Intelligence

Columbus Housing Enterprise

EIN 88-2182886 • 501(c)3 • Columbus, OH

Profile

The mission of columbus housing enterprise is to improve the quality of life of low and moderate-income people through the preservation and development of safe, decent, and affordable housing, which is the primary social determinant of health. The organization prioritizes the acquisition and management of multi-family naturally occurring affordable housing to ensure long-term affordability.

946 Parsons AvenueColumbus, OH 43206

cheforgood.org

Siviq Scores

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

Liabilities / Assets

94th percentile

1.01x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

5.70x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

23rd percentile

-4.6%

Higher net margin than 23% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

10th percentile

$50,000

Higher top officer pay than 10% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

22nd percentile

-2.3%

Faster asset growth than 22% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

97th percentile

236%

Faster revenue growth than 97% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Down

$37,032,433

Down $881,775 (-2.3%) from 2023

Liabilities

Down

$37,576,902

Down $95,011 (-0.3%) from 2023

Net Assets

Down

-$544,469

Down $786,764 (-325%) from 2023

Revenue

Up

$6,588,479

Up $4,628,241 (+236%) from 2023

Expenses

Up

$6,894,203

Up $5,100,597 (+284%) from 2023

Net Income

Down

-$305,724

Down $472,356 (-283%) from 2023

Trend Graphs

Balance Sheet Trend

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

$40M$30M$20M$10M$0-$10MAssets 2022: $80,965Liabilities 2022: $0Net Assets 2022: $80,9652022Assets 2023: $37,914,208Liabilities 2023: $37,671,913Net Assets 2023: $242,2952023Assets 2024: $37,032,433Liabilities 2024: $37,576,902Net Assets 2024: -$544,4692024

Highlighted filing

2024

Assets$37,032,433
Liabilities$37,576,902
Net Assets-$544,469

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2022: $81,000Expenses 2022: $35Net Income 2022: $80,9652022Revenue 2023: $1,960,238Expenses 2023: $1,793,606Net Income 2023: $166,6322023Revenue 2024: $6,588,479Expenses 2024: $6,894,203Net Income 2024: -$305,7242024

Highlighted filing

2024

Revenue$6,588,479
Expenses$6,894,203
Net Income-$305,724

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 7, 2025
Return Version
2024v5.2
Gross Receipts
$6,588,479
Mission and Program Overview

Mission

The mission of columbus housing enterprise is to improve the quality of life of low and moderate-income people through the preservation and development of safe, decent, and affordable housing, which is the primary social determinant of health. The organization prioritizes the acquisition and management of multi-family naturally occurring affordable housing to ensure long-term affordability.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$7,101,307$5,961,786▼ $1,139,521
Land, Buildings, and Equipment, Net$29,791,464$967,009▼ $28,824,455
Accounts Receivable$50,221$76,664▲ $26,443
Prepaid Expenses and Deferred Charges$136,003$62,711▼ $73,292
Total Assets$37,914,208$37,032,433▼ $881,775
Other Assets Total$835,213$29,964,263▲ $29,129,050
Liabilities
Mortgage Notes Payable Secured by Investment Property$37,059,189$37,049,777▼ $9,412
Accounts Payable and Accrued Expenses$398,884$343,214▼ $55,670
Other Liabilities$213,840$162,456▼ $51,384
Deferred Revenue-$21,455-
Total Liabilities$37,671,913$37,576,902▼ $95,011
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$242,295$-544,469▼ $786,764
Total Net Assets Fund Balance$242,295$-544,469▼ $786,764
Total Liabilities and Net Assets / Fund Balance$37,914,208$37,032,433▼ $881,775

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$967,009$187,712$1,154,721
Other Assets Org$24,669,851--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
John EdgarExecutive DirectorPT$50,000$50,000

Board Members and Trustees

NameTitle
Hal KellerChairperson
Patty McclimonVice Chairperson
Brittany EddyDirector
Jim WeilerDirector
John WymerDirector
Peggy KelleyDirector
Robert BitzenhoferDirector
Jordan HendersonSecretary
Leah EvansTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$25,000
Program Service Revenue
$6,372,913
Investment Income
$190,466
Other Revenue
$100
All Other Contributions
$25,000
Change in Net Assets
$-305,724
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,894,203
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$2,297,798--$2,297,798
Depreciation Depletion$898,019--$898,019
Occupancy$444,152--$444,152
Fees for Services Management-$313,270-$313,270
Insurance$301,227--$301,227
Fees for Services Legal$124,067--$124,067
Office Expenses$72,346--$72,346
Advertising$56,571--$56,571
Other Expenses$50,079--$50,079
All Other Expenses$44,408--$44,408
Fees for Services Accounting-$39,594-$39,594
Fees for Services Other-$25,841-$25,841
Conferences and Meetings-$2,894-$2,894
Total Functional Expenses$6,512,604$381,599$0$6,894,203
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 Deposit$162,456
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 2

Jim weiler & peggy kelley have a business relationship.

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

The irs form 990 is initially reviewed by the executive director, board chair and board treasurer and then provided to the board of directors for final review before filing the return.

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

Members of the board are required to sign an annual statement of no conflicts and to disclose any conflicts that arise during the year immediately

Form 990, Part VI, Section C, Line 19

Documents are made available as required by law.

Filing and Contact Details

Filer

Filer Name
Columbus Housing Enterprise
EIN
88-2182886
Phone
6145454835
Address
946 PARSONS AVENUE, COLUMBUS, OH 43206

Signing Officer

Name
John Edgar
Title
Executive Director
Phone
6145454835
Signed
2025-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Edgar
Formed
2022
Legal Domicile
Oh
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
25

Preparer

Firm
Clark Schaefer Hackett & Co
Address
14 EAST MAIN STREET SUITE 500, SPRINGFIELD, OH 45502
Preparer
April Caulfield
Phone
9373992000
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Loss attributable to noncontrolling interest 3,460. Noncontrolling interest -5,414.

Part XII, Line 2C

The process has not changed

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IRS990/PYTotalRevenueAmt01960238
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-305724
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt06372913
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt025000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt04500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt029500
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0190466
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt010640
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0201106
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt06372913
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01748264
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt081000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt08202177
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0190466
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt010640
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0201106
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0100
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0196834
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0196934
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt08231677
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt06397913
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01752764
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt081000
IRS990ScheduleA/Total509Grp/TotalAmt08231677
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt06588479
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01960238
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt081000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt08629717
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/BookValueAmt0967009
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0187712
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01154721
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0190712
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt165904
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2689749
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt34348047
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt424669851
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ESCROWS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RIGHT OF USE ASSET, OPERATING
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4RIGHT OF USE ASSET, FINANCING
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0162456
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSIT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0967009
IRS990ScheduleD/TotalBookValueOtherAssetsAmt029964263
IRS990ScheduleD/TotalLiabilityAmt0162456
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JIM WEILER & PEGGY KELLEY HAVE A BUSINESS RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE IRS FORM 990 IS INITIALLY REVIEWED BY THE EXECUTIVE DIRECTOR, BOARD CHAIR AND BOARD TREASURER AND THEN PROVIDED TO THE BOARD OF DIRECTORS FOR FINAL REVIEW BEFORE FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS OF THE BOARD ARE REQUIRED TO SIGN AN ANNUAL STATEMENT OF NO CONFLICTS AND TO DISCLOSE ANY CONFLICTS THAT ARISE DURING THE YEAR IMMEDIATELY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE MADE AVAILABLE AS REQUIRED BY LAW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LOSS ATTRIBUTABLE TO NONCONTROLLING INTEREST 3,460. NONCONTROLLING INTEREST -5,414.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PROCESS HAS NOT CHANGED
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART XII, LINE 2C
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0COLUMBUS HOUSING ENTERPRISE
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1COLUMBUS HOUSING ENTERPRISE
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt2COLUMBUS HOUSING ENTERPRISE
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0CHE CABOT COVE MEMBER LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1CHE COPPERLEAF APARTMENTS LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt2CHE CABOT COVE LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0921158930
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN1933481812
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt022808831
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt18528764
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt222808831
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1OH
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd2OH
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0LOW-INCOME HOUSING
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1LOW-INCOME HOUSING
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt2LOW-INCOME HOUSING
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt0-271176
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt1-74755
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt2-271176
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt03443 AGLER ROAD SUITE 200
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt1946 PARSONS AVENUE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt23443 AGLER ROAD SUITE 200
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0COLUMBUS
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm1COLUMBUS
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm2COLUMBUS
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd1OH
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd2OH
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd043219
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd143206
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd243219
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt037914208
IRS990/TotalAssetsEOYAmt037032433
IRS990/TotalAssetsGrp/BOYAmt037914208
IRS990/TotalAssetsGrp/EOYAmt037032433

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