Chhaya Community Development EIN 11-3580935 Form 990 (PDF) Claim this org

Chhaya Community Development

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Empowers South Asian and Indo-Caribbean New Yorkers with housing, economic stability, and community power. For fiscal year 2024 it reported $6.2M in revenue, $3.3M in expenses, and $6.4M in net assets.Pt I

Founded
2001
Type
Public charity (501(c)(3)) · Crime & Legal
Location
Jackson Heights, NY
Website
www.chhayacdc.org
Filings
5 on file (2020–2024)
Revenue
$6.2MFY2024
Expenses
$3.3M
Net assets
$6.4M
People
13
Filings
5
Updates
0
More identity details & actions ⌄
EIN  11-3580935 Public charity (501(c)(3)) Jackson Heights, NY Founded 2001
Form 990 (PDF)
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Figures match the IRS filing checked 8/20/26 · see original: IRS
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Size
$1–10M
What they do
Empowers South Asian and Indo-Caribbean New Yorkers with housing, economic stability, and community power.
Leadership
Annetta Seecharran · Executive Director · $250K
Money in and out
$6.2M revenue, $3.3M expenses
Bottom line
79% program efficiency
Where the money goes · FY2024
Total revenue
$6.2M
Pt VIII · Ln 12
Total expenses
$3.3M
Pt IX · Ln 25
Net assets
$6.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $2.8M
Where spending went · Part IX cols B–D
Program services $0.79 Management & general $0.14 Fundraising $0.08
Program efficiency
79%
of spending reaches programs▼ -0.8% vs prior filing year
Operating runway
10.5mo
months of highly liquid reserves at operating expense rate▲ +114% vs prior filing year
Surplus margin
+46%
revenue over expenses, this year▲ +94% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$6.2M
FY2024▲ +72%
Expenses
$3.3M
FY2024▲ +22%
Total assets
$6.9M
FY2024▲ +76%
Total liabilities
$491K
FY2024▲ +40%
Total revenue
$6.2M
Pt VIII · Ln 12
Total expenses
$3.3M
Pt IX · Ln 25
Net assets
$6.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$2.8M
Total assetsPt X · Ln 16$6.9M
Program-expense ratioPt IX · col B79%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CChhaya Community Development
EINHdr · item D11-3580935
Principal addressHdr · item CJackson Heights, NY
WebsiteHdr · item Jwww.chhayacdc.org
Year of formationHdr · item L2001
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCrime & Legal (I80)
Ruling yearIRS BMFSep 2001

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$249,828Pt VII · Sec A
Deputy Director of Policy
$125,000Pt VII · Sec A
Director of Administration
$115,500Pt VII · Sec A
Development Director
$65,769Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Annetta Seecharran’s $250K as Executive Director is at the 94th percentile of top reported officer pay among 1146 $1–10M crime & legal nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 7 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Annetta Seecharran$249,828$179,653$163,105$154,500$154,434
Sadia Rahman$125,000$122,596$38,381
Theresa Thanjan$115,500
Jose Miranda$99,182$104,500
Karen Kaminsky$65,769
Rekha Malhotra Former Board$36,045
Rekha Malhotra Interim Chief$13,185

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $2.0M of program spending, described in the organization's own filed words · FY2024.
01

Housing justice aims at protecting, preserving, and promoting affordable housing in new york citys low-to-moderate-income neighborhoods. Chhaya provides direct service counseling to first-time home buyers and tenants requiring support.

$940Kprogram expense
02

Civic engagement works to educate community members about civic engagement, including helping community members to vote, encouraging voters to get out the vote, holding candidate forums to give the community the ability to ask questions to candidates for office, and advocating for regulations that make it easier for immigrants to vote.

$548Kprogram expense
03

Economic justiceaims to provide its clients with the tools and information they need to achieve long-term economic independence through career development, financial capability, and asset building. This is achieved through financial counseling, education, free tax prep support, lending circle, and other related programs.

$483Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$5.4M · 87%
Program service revenue$722K · 12%
Investment income$65K · 1%
Contributions & grants87%$5.4M
Program service revenue12%$722K
Investment income1%$65K
Other revenue$2K
— government grantsLn 1e$1.6M
Total revenueLn 12$6.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.79 Management & general $0.14 Fundraising $0.08
Program services79%$2.6M
Management & general14%$453K
Fundraising8%$256K
Total functional expensesLn 25$3.3M

Balance Sheet

Part X · end of year
CashLn 1$844K
Total assetsLn 16$6.9M
Total liabilitiesLn 26$491K
Total net assetsLn 32$6.4M
Months of cash on handcomputed3.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.9M · Operating expenses/yr $3.3M
10.5 months
Where the money goes
Program services
Program services $2.6M · Total expenses $3.3M
79%
Management & General
Management & general $453K · Total expenses $3.3M
14%
Fundraising
Fundraising $256K · Total expenses $3.3M
8%
Cost to raise $1
Fundraising expense (3-yr avg) $211K · Solicited contributions (3-yr avg) $2.2M
$0.10 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $5.4M · Total revenue $6.2M
87%
Government reliance
Government grants $1.6M · Total revenue $6.2M
25%
Earned-income share
Program service revenue $722K · Total revenue $6.2M
12%
Investment reliance
Investment income $65K · Total revenue $6.2M
+1%
Program self-sufficiency
Program service revenue $722K · Total expenses $3.3M
22%
Growth & trend
Revenue growth (YoY)
This year $6.2M · Prior year $3.6M
+72%
Revenue CAGR
FY2020 $2.0M · FY2024 $6.2M
+33%
Net-asset trend (YoY)
End of year $6.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $6.2M · Expenses $3.3M
+46%
Liabilities-to-Assets
Total liabilities — · Total assets $6.9M
Net-asset ratio
Net assets $6.4M · Total assets $6.9M
93%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $2.1M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $6.9M
30%
People & payroll
Highest Reported Total Compensation
Individual Annetta Seecharran · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $250K · Total expenses $3.3M
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $2.3M · Total expenses $3.3M
69%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 79%
Overhead ratio 14%
Fundraising cost ratio 5%
Revenue growth 72%
Investment management fee ratio 0.06%
Legal fee ratio 0%
Accounting fee ratio 5%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 14 funders →
Grants paid · 6 grants · $179K · 2020–2022
Unitemized GrantFY2022$107,148
Unitemized GrantFY2022$35,412
Unitemized GrantFY2021$18,000
Unitemized GrantFY2021$4,392
Unitemized GrantFY2020$7,419

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$6.2M revenue · viewing · ⤓ 990 PDF
FY2023$3.6M revenue · ⤓ 990 PDF
FY2022$2.5M revenue · ⤓ 990 PDF
FY2021$2.9M revenue · ⤓ 990 PDF
FY2020$2.0M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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