Community Action Network INC FY2020 filing
Builds affordable housing and offers homebuyer education to support rural communities. For fiscal year 2020 it reported $118K in revenue, $174K in expenses, and $1.4M in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Housing
- Location
- Springville, TN
- Website
- communityactionnetwork.org
- Filings
- 6 on file (2020–2020)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Where the work happens
Acquire/rehab homes for rental for low income families including rental assistance program and providing housing counseling to 35 families.
Resources and donations to provide homeowner repair program, wheelchair ramp construction, and home modification to 18 low-income families.
Acquisition/rehab for low income families to acquire homes. The low income homebuyers receive subsidy reduction to purchase homes and CAN is the mortgage holder for 10 years at interest. CAN served 3 homebuyers to acquire homes.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 98% | — | — |
| Overhead ratio | 2% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 0% | — | — |
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.
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Filings & Schedule Manifest
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