Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2019.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
100 cents of each dollar spent went to programs.
Form 990 Part IX, line 25. Every line is in By the numbers.
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Who runs it and what they're paid
11 people listed on the 990; $150K paid to officers and key staff.
Greg Perelka’s $150K as Executive VP of Lending Op is at the 73rd percentile of top reported officer pay among 3869 $1–10M human services 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 · 1 named individual · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Greg Perelka | $150,324 | $143,631 | $141,824 | $138,773 |
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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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Provides financial services to help low-income people and communities achieve homeownership.
Questions for Chn Housing Capital
Your first name shows with your question. Chn Housing Capital answers here, for everyone.
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In total, CHN HC closed 59 mortgages in 2024 (believe mortgages and y16 loan product). CHN HC'S believe mortgage had 96% of borrowers identify as african american and 100% of appraisals were at or above purchase price.
In 2022, CHN housing capital continued lending operations for the lead safe home fund providing loans to help landlords obtain lead safe certification required by the city of cleveland. The lead safe home fund was created by the lead safe cleveland coalition, a group of over 400 organizations working to eliminate lead poisoning in…
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $7.3M | $7.1M |
| Land, buildings, equipmentLn 10c | $0 | $0 |
| Total assetsLn 16 | $11.1M | $10.7M |
| LiabilitiesLn 26 | $9.4M | $9.3M |
| Net assetsLn 32 | $1.6M | $1.4M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $863K | $863K | ||
| Payroll taxesLn 10 | $192K | $192K | ||
| Legal feesLn 11b | $20K | $20K | ||
| Accounting feesLn 11c | $2K | $2K | ||
| Other fees for servicesLn 11g | $141K | $141K | ||
| Office expensesLn 13 | $14K | $14K | ||
| Information technologyLn 14 | $27K | $27K | ||
| OccupancyLn 16 | $26K | $26K | ||
| TravelLn 17 | $6K | $6K | ||
| Conferences, conventions and meetingsLn 19 | $2K | $2K | ||
| InterestLn 20 | $37K | $37K | ||
| InsuranceLn 23 | $33K | $33K | ||
| Other expenses (24a–d)Ln 24 | $1.9M | $1.9M | ||
| Total functional expensesLn 25 | $3.2M | $3.2M | $0 | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $3.0M | $3.2M | −$263K | $1.4M | 990 PDF |
| FY2023 | $2.4M | $2.7M | −$297K | $1.6M | 990 PDF |
| FY2022 | $3.2M | $3.2M | $46K | $1.9M | 990 PDF |
| FY2021 | $2.6M | $1.8M | $771K | $1.9M | 990 PDF |
| FY2020 | $1.6M | $491K | $1.1M | $1.1M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $2,985,945 revenue, 12 lines filed
Part VI · Governance 10 of 10 board members independent, no flags
Part VIII · Statement of revenue $2,985,945 across 7 lines filed
Part IX · Statement of functional expenses $3,248,506 across 13 lines filed
Part X · Balance sheet $10,667,311 assets, 13 lines filed
Part XI · Reconciliation of net assets $1,379,787 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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