2024-11-14T09:41:27-06:00 2023-12-31 341874260 CBIZ ADVISORS LLC 700 WEST 47TH STREET SUITE 1100 KANSAS CITY MO 64112 990 2023-01-01 480934993 CHWC INC CHWC 9133427580 2 SOUTH 14TH STREET KANSAS CITY KS 66102 BRENNAN CRAWFORD EXECUTIVE DIRECTOR 9133427580 2024-11-14 1 1 LISA BURKE P00220718 8169455500 2024-11-14 2023 2024-10-15 13:58:12Z BRENNAN CRAWFORD 2 SOUTH 14TH STREET KANSAS CITY KS 66102 4963171 0 X CHWCKCK.ORG X 1981 KS INVEST IN THE POWER OF OUR NEIGHBORS TO BUILD COMMUNITIES THAT THRIVE FOR GENERATIONS. 11 11 23 63 0 0 2637449 2416000 332710 574048 353 12985 -10790 -87320 2959722 2915713 86638 573577 0 0 488777 1261275 0 22981 132787 1808585 1224106 2384000 3081939 575722 -166226 9277552 14607661 4767409 10263744 4510143 4343917 CHWC STABILIZES, REVITALIZES, AND REINVESTS IN COMMUNITIES THROUGH IMPROVED HOUSING AND OTHER RELATED DEVELOPMENTS. ACTIVITIES INCLUDE LENDING, HOUSING & COMMERCIAL DEVELOPMENT, REAL ESTATE SALES, HOMEBUYER EDUCATION PROGRAMS, & COMMUNITY ORGANIZING & SAFETY EFFORTS. 0 0 1107216 7853 411089 HOUSING AND REAL ESTATE DEVELOPMENT:WE BUILD AND RENOVATE HIGH QUALITY HOMES TO REVITALIZE NEIGHBORHOODS, INCREASE INVESTMENT IN OUR COMMUNITY'S VITAL INFRASTRUCTURE, AND CREATE LASTING ASSETS FOR FAMILIES. CHWC OFFERS AFFORDABLE NEW AND RENOVATED HOMES FOR SALE OR RENT. DURING 2023, CHWC CONTINUED REAL ESTATE DEVELOPMENT ACTIVITY ON OVER 60 LOTS, COMPLETED SEVEN (7) NEW HOMES, AND SOLD EIGHT (8) HOMES TO PROVIDE AFFORDABLE HOME OWNERSHIP FOR AREA FAMILIES. 974055 565724 11265 HOMEOWNERSHIP PROMOTION AND PRESERVATION:WE ENABLE FAMILIES TO ACHIEVE, PRESERVE, AND SUSTAIN THEIR DREAM OF HOMEOWNERSHIP BY OFFERING FREE AND LOW-COST HOUSING COUNSELING, FINANCIAL EDUCATION, AND PURCHASE ASSISTANCE TO HOMEOWNERS IN WYANDOTTE COUNTY. DURING 2023, 295 CUSTOMERS WERE COUNSELED AND/OR EDUCATED AND 130 FAMILIES ACHIEVED OR SUSTAINED HOMEOWNERSHIP. CHWC PROVIDES LOANS TO HOMEOWNERS IN THE FORM OF FIRST MORTGAGES, SECOND MORTGAGES, OWNER-OCCUPIED REHAB LOANS, AND DEFERRED MORTGAGES. DURING 2023, CHWC PROVIDED ONGOING LOAN SERVICING TO OVER 30 HOMEOWNERS AND PROVIDED DOWN-PAYMENT ASSISTANCE TO 23 NEW HOMEOWNERS. MINOR HOME REPAIR ASSISTANCE GRANTS WERE PROVIDED TO 24 AREA HOMEOWNERS. 422840 64374 COMMUNITY BUILDING AND ENGAGEMENT:WE WORK TO IMPROVE THE QUALITY OF LIFE AND BUILD A SENSE OF COMMUNITY FOR RESIDENTS THROUGH THE CREATION AND SUPPORT OF COMMUNITY AMENITIES. CHWC ESTABLISHED THE EPIC CLAY STUDIO TO PROVIDE OPPORTUNITIES FOR PEOPLE TO LEARN, ENJOY, AND SHARE IN THE ARTS. CHWC HAS ALSO PARTNERED WITH THE LOCAL GOVERNMENT AND COMMUNITY ORGANIZATIONS TO BUILD LOCAL PARKS, GARDENS, AND GREENSPACES. 2504111 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 85 0 1 23 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 KS X X THE ORGANIZATION 9133427580 2 SOUTH 14TH STREET KANSAS CITY KS 66102 SANDRA OLIVAS CHAIR 2.00 X X 0 0 0 JACKIE LOYA-TORRES VICE CHAIR 2.00 X X 0 0 0 ALAYNA CHIPMAN SECRETARY 2.00 X X 0 0 0 JOE KELLER TREASURER 2.00 X X 0 0 0 JEREMY ASH DIRECTOR (TERM START 12/2023) 1.00 X 0 0 0 SISTER THERESE BANGERT DIRECTOR 1.00 X 0 0 0 MARY COLLINS DIRECTOR 1.00 X 0 0 0 SAM LEWIS DIRECTOR 1.00 X 0 0 0 FATHER MARK MERTES DIRECTOR 1.00 X 0 0 0 TIM QUIGLEY DIRECTOR 1.00 X 0 0 0 JIM SCHRAEDER DIRECTOR 1.00 X 0 0 0 BEN MCANANY PAST CHAIR (TERM END 12/2023) 2.00 X 0 0 0 RJ GILDEA PAST TREASURER (TERM END 12/2023) 2.00 X 0 0 0 BRENNAN CRAWFORD EXECUTIVE DIRECTOR/CEO 40.00 X 113169 0 10080 SARA FITTS DIRECTOR OF FINANCE 40.00 X 77064 0 2401 190233 0 12481 1 0 0 0 GLZ CONSTRUCTION LLC 614 ELIZABETH AVE KANSAS CITY KS 66101 CONSTRUCTION CONTRACTOR 277710 1 540275 1875725 2416000 DEVELOPER/MANAGEMENT FEES 531110 423000 423000 RENTAL INCOME 531110 75409 75409 EPIC ART CLASSES 611610 64374 64374 MORTGAGE INTEREST & FEES 522292 11265 11265 574048 12985 12985 1960138 2047458 -87320 -87320 2915713 486728 0 12985 X 573577 573577 202714 106815 84801 11098 875137 703818 129640 41679 9288 8229 1059 70080 56842 12508 730 104056 81516 22540 20340 19550 720 70 36689 27733 8956 22981 22981 354244 238277 92995 22972 19174 9742 9134 298 110124 88087 19282 2755 47107 34154 12300 653 73567 67224 6343 21715 13749 4203 3763 16866 5928 8379 2559 84404 80094 4310 87263 63790 23473 30755 27212 3543 REAL ESTATE MANAGEMENT 137697 137697 DEVELOPMENT & CONSTRUCT 124556 124556 PREDEVELOPMENT EXPENSES 35521 35521 FUNDRAISING EXPENSES 24084 855 23229 3081939 2504111 445041 132787 1085995 959176 340858 549978 74898 212131 386554 1030385 434700 736061 3832370 7953580 111480 71683 3192884 1021001 2146730 2171883 863967 922784 9277552 14607661 383808 553925 27000 4356601 9709819 4767409 10263744 X 4064642 3898416 445501 445501 4510143 4343917 9277552 14607661 -166226 0 X X 0 1 X 1 1 1 X 1785939 1421256 1298814 2637449 2416000 9559458 1785939 1421256 1298814 2637449 2416000 9559458 2385802 7173656 1181 793 311 353 12985 15623 869 869 9575950 8402141 0.74910 0.78160 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 43474 43474 2926532 943413 1983119 26927 15591 11336 64289 57945 6344 131662 4052 127610 2171883 RELATED PARTY RECEIVABLES 102694 RELATED PARTY NOTES RECEIVABLE 820090 922784 X PART X, LINE 2: CHWC, INC. HAS BEEN GRANTED EXEMPTION FROM INCOME TAXES BY THE INTERNAL REVENUE SERVICE UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS NOT CONSIDERED A PRIVATE FOUNDATION. THE ORGANIZATION ASSESSES UNCERTAIN TAX POSITIONS ON AN ANNUAL BASIS. THIS ASSESSMENT INCLUDES THE ASSESSMENT OF PRIVATE BENEFITS TO RELATED PARTIES AND DISQUALIFIED PERSONS. MANAGEMENT BELIEVES THAT NO EXCESS PRIVATE BENEFIT HAS BEEN CONVEYED THROUGH DECEMBER 31, 2023. THIS DETERMINATION HAS BEEN MADE THROUGH AN ASSESSMENT OF ESTIMATED REVENUE STREAMS IN RELATION TO BELOW MARKET LOANS, INCLUDING DEVELOPER FEES, SUPPORT SERVICE FEES, AND INITIALLY PROJECTED PRINCIPAL AND INTEREST PAYMENT STREAMS. THERE HAS NOT BEEN ANY INTEREST OR PENALTIES RECOGNIZED EITHER IN THE STATEMENT OF ACTIVITIES AND CHANGE IN NET ASSETS OR STATEMENT OF FINANCIAL POSITION RELATED TO UNCERTAIN TAX POSITIONS. IN ADDITION, THE ORGANIZATION DID NOT HAVE ANY UNCERTAIN TAX POSITIONS AT DECEMBER 31, 2023. THE ORGANIZATION IS NO LONGER SUBJECT TO FEDERAL OR STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES BEFORE 2020. X X X X X X X 1 DONOR CENTRIC CONSULTING LLC 3727 N 152 CT BASEHOR KS 66007 ANNUAL CAMPAIGN CONSULTING 0 101000 22981 78019 101000 22981 78019 KS 1 DOWN PAYMENT/CLOSING COST ASSISTANCE 23 276608 0 N/A N/A MINOR HOME REPAIR 24 211061 0 N/A N/A INDIVIDUAL DEPOSIT ACCOUNT MATCHING GRANTS 18 34461 0 N/A N/A PROPERTY TAX RELIEF GRANTS 2 7699 0 N/A N/A DEBT FORGIVENESS 17 0 43748 PRINCIPAL BALANCE DEBT FORGIVEN UNDER FORGIVABLE MORTGAGES PART I, LINE 2: INDIVIDUALS AWARDED DOWN-PAYMENT ASSISTANCE FOR HOME PURCHASES AND MINOR HOME REPAIR GRANTS MUST MEET SPECIFIED INCOME ELIGIBILITY REQUIREMENTS AND RESIDENTIAL REQUIREMENTS. THE ORGANIZATION GATHERS THIS DOCUMENTATION PRIOR TO PROVIDING ASSISTANCE. THE ORGANIZATION DOES NOT MAKE GRANTS TO OTHER ORGANIZATIONS. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE, COMPRISED OF THE OFFICERS OF THE CORPORATION, THE PRESIDENT/CEO, AND CHAIRPERSONS OF THE STANDING COMMITTEES, HAS AUTHORITY TO ACT ON BEHALF OF THE BOARD BETWEEN BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS DISTRIBUTED TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO FILING. THE FINANCE COMMITTEE, BOARD TREASURER, AND THE ORGANIZATION'S ACCOUNTANT ADDRESS ANY QUESTIONS PRIOR TO FINAL APPROVAL BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE EXECUTIVE DIRECTOR MAINTAINS INFORMATION ON POTENTIAL CONFLICTS OF INTEREST WITH MEMBERS OF THE BOARD AND KEY EMPLOYEES AND UPDATES THIS INFORMATION THROUGHOUT THE YEAR. IF QUESTIONS RELATED TO A POTENTIAL CONFLICT OF INTEREST ARISE, A DISCUSSION OF SUCH IS HELD AT THE NEXT EXECUTIVE COMMITTEE MEETING OR BOARD MEETING BEFORE ANY FINANCIAL DECISIONS ARE MADE OR RELATED ACTIVITY BEGINS. FORM 990, PART VI, SECTION B, LINE 15A A MEETING OF THE EXECUTIVE COMMITTEE IS HELD TO DISCUSS COMPENSATION OF THE EXECUTIVE DIRECTOR. DURING THE MEETING, PROPOSED COMPENSATION IS COMPARED TO SIMILARLY SITUATED EMPLOYEES AT COMPARABLE NOT-FOR-PROFIT ORGANIZATIONS USING SALARY SURVEYS AND FORM 990S. BOARD FEEDBACK IS ALSO OBTAINED. DISCUSSIONS AND DECISIONS ARE DOCUMENTED BY THE CHAIRMAN OF THE BOARD. FOR OTHER EMPLOYEES OF THE ORGANIZATION, THE CEO UTILIZES DATA PROVIDED BY OUTSIDE HR CONSULTANTS AND SALARY SURVEYS TO COMPARE THE ORGANIZATION'S PROPOSED SALARIES TO COMPARABLE ORGANIZATIONS. THE BOARD OF DIRECTORS APPROVES THE OVERALL BUDGET FOR SALARIES, GIVING THE CEO AUTHORITY TO DETERMINE INDIVIDUAL EMPLOYEES' SALARIES WITHIN THAT BUDGET. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO FUNDERS UPON REQUEST AND TO THE PUBLIC UPON REQUEST AS APPROVED FOR BUSINESS PURPOSES BY MANAGEMENT. THE ORGANIZATION'S FORM 990 CAN BE FOUND ONLINE AT HTTPS://CHWCKCK.ORG/ABOUT/ANNUAL-REPORT/. FORM 990, PART IX, LINE 11G CONTRACTORS: PROGRAM SERVICE EXPENSES 218,013. MANAGEMENT AND GENERAL EXPENSES 79,854. FUNDRAISING EXPENSES 20,282. TOTAL EXPENSES 318,149. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 2,500. MANAGEMENT AND GENERAL EXPENSES 6,900. FUNDRAISING EXPENSES 2,650. TOTAL EXPENSES 12,050. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 17,764. MANAGEMENT AND GENERAL EXPENSES 6,241. FUNDRAISING EXPENSES 40. TOTAL EXPENSES 24,045. FORM 990, PART XII, LINE 2C: THE FINANCE COMMITTEE IS RESPONSIBLE FOR SELECTION OF THE INDEPENDENT ACCOUNTANT AND OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. COMMUNITY CONSTRUCTION LLC 2 S 14TH ST KANSAS CITY KS 66102 822775736 CONSTRUCTION MANAGEMENT KS 0 0 CHWC INC COMMUNITY HOUSING REALTY LLC 2 S 14TH ST KANSAS CITY KS 66102 830576550 REALTY SERVICES KS 19424 12418 CHWC INC CHWC LAND TRUST LLC 2 S 14TH ST KANSAS CITY KS 66102 COMMUNITY LAND TRUST KS 0 117748 CHWC INC DELAWARE PLACE LLC 515 N 162ND AVE STE 202 OMAHA NE 68118 813465626 LOW-INCOME HOUSING KS CHWC INC RELATED -8 102 0 1 0.00010 HOUSE TO HOME BETHANY LLC 2 S 14TH ST KANSAS CITY KS 66102 270514559 LOW-INCOME HOUSING KS CHWC INC RELATED -208521 2498163 0 1 0.99000 HOUSE TO HOME RIVERVIEWESCALADE LLC 515 N 162ND AVE STE 202 OMAHA NE 68118 463364608 LOW-INCOME HOUSING KS CHWC INC RELATED -20 153 0 1 0.00010 CHWC HOLDING CORPORATION 2 S 14TH ST KANSAS CITY KS 66102 474822990 INACTIVE KS N/A C 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 HOUSE TO HOME BETHANY LLC D 350000 END-OF-YEAR LOAN BALANCE HOUSE TO HOME RIVERVIEWESCALADE LLC D 428890 END-OF-YEAR LOAN BALANCE HOUSE TO HOME RIVERVIEWESCALADE LLC D 308280 END-OF-YEAR LOAN BALANCE HOUSE TO HOME RIVERVIEWESCALADE LLC D 737298 LOAN GUARANTEE HOUSE TO HOME BETHANY LLC Q 75677 REIMBURSABLE EXPENSES AT COST