Chera INC FY2022 filing

Lakleand, FL · Public charity (501(c)(3)) · Since 1989

✓ Tax-deductible
Revenue
$65K
+82% vs prior year
Spent
$33K
To programs
99%
Net assets
$634K
By yearFY2021–FY2025
Revenue
$65K
FY2022▲ +82%
Revenue by fiscal year
FY2021$36K
FY2022$65K
FY2023$66K
FY2024$81K
FY2025$69K
FY2025$70K
Expenses
$33K
FY2022▲ +35%
Expenses by fiscal year
FY2021$25K
FY2022$33K
FY2023$33K
FY2024$31K
FY2025$29K
FY2025$59K
Net assets
$634K
FY2022▲ +2%
Net assets by fiscal year
FY2021$620K
FY2022$634K
FY2023$646K
FY2024$704K
FY2025$744K
FY2025$755K

From the FY2022 Form 990 (year ending March 2022) · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Legal name (IRS)Hdr · item CChera INC
EINHdr · item D59-2961522
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJan 1990
Year of formationHdr · item L1989
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CLakleand, FL
NTEE classificationIRS BMFNonprofit

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$33K
Management & general1%$459
Total functional expensesLn 25$33K

Financial health

Is it on solid ground?

Program efficiency
99%
of spending reaches programs
Operating runway
719.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+49%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$634K
FY2022▲ +2%
Total assets by fiscal year
FY2021$620K
FY2022$634K
FY2023$646K
FY2024$704K
FY2025$744K
FY2025$755K
Total liabilities
$0
FY2022
Total liabilities by fiscal year
FY2021$0
FY2022$0
FY2023$0
FY2024$0
FY2025$0
FY2025$0
Revenue less expensesPt I · Ln 19$32K
Total assetsPt X · Ln 16$634K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410

Balance Sheet

Part X · end of year
CashLn 1$326K
Total assetsLn 16$634K
Total liabilitiesLn 26$0
Total net assetsLn 32$634K
Months of cash on handcomputed117.5

Statement of Revenue

Part VIII
Contributions & grants$48K · 74%
Investment income$15K · 23%
Other revenue$2K · 3%
Contributions & grants74%$48K
Investment income23%$15K
Other revenue3%$2K
Total revenueLn 12$65K

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $634K · Operating expenses (Pt IX) $33K · Less non-cash grants $23K · Cash operating expenses/yr $11K
719.1 months
Where the money goes
Program services
Program services $33K · Total expenses $33K
99%
Management & General
Management & general $459 · Total expenses $33K
1%
Fundraising
Fundraising $0 · Total expenses $33K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $33K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $48K · Total revenue $65K
74%
Government reliance
Government grants — · Total revenue $65K
—
Earned-income share
Program service revenue $0 · Total revenue $65K
0%
Investment reliance
Investment income $15K · Total revenue $65K
+23%
Program self-sufficiency
Program service revenue $0 · Total expenses $33K
0%
Growth & trend
Revenue growth (YoY)
This year $65K · Prior year $36K
+82%
Net-asset trend (YoY)
End of year $634K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $65K · Expenses $33K
+49%
Liabilities-to-Assets
Total liabilities — · Total assets $634K
—
Net-asset ratio
Net assets $634K · Total assets $634K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $308K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $634K
49%
People & payroll
Highest Reported Total Compensation
Individual Arleen Allen · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $33K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $33K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 99%——
Overhead ratio 1%——
Fundraising cost ratio 0%——
Revenue growth 82%——
Investment management fee ratio 0.3%——
Accounting fee ratio 6%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Corresponding Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Resident Club Treasurer
$0Pt VII · Sec A
Past President
$0Pt VII · Sec A
Building Representative-East
$0Pt VII · Sec A
See Chera INC executive salaries →

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Governance & Policies

Part VI
  • 10Voting board membersPt VI · Ln 1a
  • 10Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Improves retirement living for all residents.

Provided by the organization

This section is blank until Chera INC claims this page.

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Mission & Programs · Part III

Where the work happens

3 program services account for $33K of program spending, described in the organization's own filed words · FY2021.
01

Organizing and implementing charitable projects as may be worthy and practical for all residents of the estates at carpenters. This includes donations to local 501(c)3 charities (talbot house, anchor house, teen challenge, lighthouse ministries, lakeland volunteers in medicine, noah's ark central florida, pace center for girls, eac good…

$19Kprogram expense
02

College scholarships for estates at carpenters employees to assist worthy employees who are interested in furthering their education.

$8Kprogram expense
03

Arranging and conducting in house non denominational religious services for all residents of the estates at carpenters.

$6Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$2K
Grants paid · 3 grants · $28K · 2020–2022
Unitemized GrantFY2022$8,798
Unitemized GrantFY2021$8,451
Unitemized GrantFY2020$11,031

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 $69K$29K-15% 990 PDF
FY2024 $81K$31K+23% 990 PDF
FY2023 $66K$33K+1% 990 PDF
FY2022 Viewing $65K$33K+82% 990 PDF
FY2021 $36K$25K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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