2023-11-15T09:29:28-06:00 2022-12-31 440160260 FORVIS LLP 1829 EASTCHESTER DRIVE HIGH POINT NC 27265 990 2022-01-01 592973450 COMMUNITY HOUSING PARTNERS CORPORATION OF FLORIDA COMM 5403822002 448 DEPOT STREET CHRISTIANSBURG VA 24073 JEFFREY K REED TREASURER 5403822002 2023-11-15 1 JEFFREY REED 999009999 0 KEVIN RAYFIELD P00290535 3368895156 2023-11-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JEFFREY K REED 448 DEPOT STREET CHRISTIANSBURG VA 24073 16215324 0 X WWW.COMMUNITYHOUSINGPARTNERS.ORG X 1989 FL TO ASSIST IN THE ACQUISTION AND CONSTRUCTION OF LOW INCOME HOUSING 3 3 1 0 0 0 41880 41880 3495989 956943 8420238 8658813 0 0 11958107 9657636 0 0 0 0 0 0 0 0 0 4618493 1632161 4618493 1632161 7339614 8025475 11733646 6635760 16952809 3829448 -5219163 2806312 X TO PROVIDE, CREATE, AND PRESERVE LOW COST AFFORDABLE HOUSING TO RESIDENTS OF FLORIDA WHILE PROVIDING THE OPPORTUNITY FOR A BETTER WAY OF LIFE FOR ALL LOW AND VERY LOW INCOME FAMILIES. 0 0 1610818 9615756 COMMUNITY HOUSING PARTNERS CORPORATION OF FLORIDA OFFERS TWO FORMS OF HOUSING OPPORTUNITIES TO PROVIDE, CREATE, AND PRESERVE LOW COST AFFORDABLE HOUSING TO FLORIDA RESIDENTS:RENTAL HOUSINGCOMMUNITY LAND TRUSTSEE FURTHER DESCRIPTIONS ON SCHEDULE ORENTAL HOUSING:THIS PROGRAM OFFERS SAFE, SANITARY AND DECENT HOUSING FOR THOSE WHO QUALIFY FOR A RENTAL WITHIN THE HUD GUIDELINES. THIS PROGRAM IS FOR PEOPLE WHO CHOOSE TO RENT OR ARE NOT READY FOR THE HOMEOWNER COMMITMENT. THE CLIENT MAY ALSO HAVE CREDIT OR DEBT ISSUES THAT PRECLUDE THEM FROM HOMEOWNERSHIP. OUR COMPETENT STAFF OF HOUSING COUNSELORS IS AVAILABLE TO WORK WITH THE CLIENT WHETHER IT IS TO REPAIR CREDIT, REDUCE DEBT, OR TO HELP THEM ESTABLISH A STABLE INCOME. CHPC OF FLORIDA ALSO OFFERS AN INCENTIVE TO THOSE WHO WISH TO TRANSITION FROM RENTER TO HOMEOWNER. A PERCENTAGE OF TOTAL RENT PAID WOULD BE PROVIDED TO THE CLIENT TO DEFRAY CLOSING COSTS. THIS PROGRAM IS VERY IMPORTANT TO FIRST TIME HOMEBUYERS AS THE STATE HOUSING INITIATIVE PARTNERSHIP REQUIRES THAT THE CLIENT HAVE AN EQUITY INVESTMENT IN THEIR HOME.COMMUNITY LAND TRUST:CHPC OF FLORIDA OFFERS INCOME ELIGIBLE FAMILIES WITH CREDIT CHALLENGES, A METHOD OF HOMEOWNERSHIP THROUGH THE CHPC OF FLORIDA COMMUNITY LAND TRUST. LOW AND VERY LOW INCOME FAMILIES WHO DESIRE TO OWN THEIR OWN HOME CAN PARTICIPATE IN A SHARED EQUITY PROGRAM WITH CHPC OF FLORIDA. THIS PROGRAM PROVIDES THE PURCHASE FINANCING FOR THE CLIENT'S HOME AND PROVIDES INCENTIVES TO THE FAMILY TO ENCOURAGE SAVINGS AND SELF-IMPROVEMENT.RESYNDICATION:IN RECENT YEARS, THE ORGANIZATION HAS DIVESTED ITS PORTFOLIO OF MANY OF THE MULTI-FAMILY PROPERTIES IT OWNED. THIS IS DONE IN AN EFFORT TO PROVIDE THE RESIDENTS BETTER FUTURE OPPORTUNITIES THROUGH RESYNDICATION. 1610818 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 0 0 0 FL X JEFFERY K REED 5403822002 448 DEPOT STREET CHRISTIANSBURG VA 24073 JANAKA CASPER CEO 2.00 40.00 X X 0 555107 61608 JEFFREY K REED PRESIDENT 2.00 40.00 X X 0 405876 56798 ANDY HALL COO/SECRETARY 2.00 40.00 X X 0 333052 35717 LANCE SUTHERLAND CFO/TREASURER 2.00 40.00 X X 0 237553 54080 CHARLES FAMULINER CHAIR 2.00 2.00 X 0 0 0 SUSAN SISK PAST CHAIR 2.00 2.00 X 0 0 0 ANA CASTILLA DIRECTOR 2.00 2.00 X 0 0 0 JOHN RANDOLPH DIRECTOR 2.00 2.00 X 0 0 0 FREDYY PAIGE DIRECTOR 2.00 2.00 X 0 0 0 RACQUEL REDDIE VICE CHAIR 2.00 2.00 X 0 0 0 DEBBIE SHERMAN LEE DIRECTOR 2.00 2.00 X 0 0 0 SHAWN MCMAHON DIRECTOR 2.00 2.00 X 0 0 0 0 1531588 208203 0 0 1 0 0 41880 41880 RENTAL INCOME 531110 811636 811636 OTHER PROGRAM SERVICE REVENUE 531110 145307 145307 956943 16501 16501 15200000 6557688 8642312 8642312 8642312 9657636 9615756 0 0 12592 5866 6726 3355 385 2970 748894 748894 102418 102418 360602 360602 3672 3672 MISCELLANEOUS PROGRAM S 318566 318566 BAD DEBT 70385 70385 MISCELLANEOUS ADMIN 9903 9903 TAXES AND LICENSES 1774 30 1744 1632161 1610818 21343 0 171754 2894457 54134 5862 1073226 1024252 615516 611170 293727 140732 3758678 2466739 7045997 1291939 2479292 667348 11733646 6635760 78391 23904 437770 381228 13830616 3323051 2606032 101265 16952809 3829448 X -7023886 987500 1804723 1818812 -5219163 2806312 11733646 6635760 8025475 0 X X 0 1 X 1 0 X 71880 41880 41880 41880 41880 239400 71880 41880 41880 41880 41880 239400 239400 28011 26864 23637 21370 16501 116383 355783 32319392 0.67290 0.69570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 374615 374615 3179789 2466739 713050 204274 204274 1291939 SECURITY DEPOSITS 112005 TAX, INSURANCE, AND OPERATING ESCROWS 302537 CONSTRUCTION IN PROCESS 252806 667348 SECURITY DEPOSITS 101265 101265 X PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND ACCORDINGLY, IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. AS A RESULT, THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY UNDER FEDERAL AND STATE INCOME TAXES. 0 0 0 0 0 0 0 0 0 JANAKA CASPER CEO 0 437771 0 114662 0 2674 0 43713 0 17895 0 616715 0 0 JEFFREY K REED PRESIDENT 0 326069 0 78815 0 992 0 37927 0 18871 0 462674 0 0 ANDY HALL COO/SECRETARY 0 273360 0 58700 0 992 0 34405 0 1312 0 368769 0 0 LANCE SUTHERLAND CFO/TREASURER 0 197383 0 40005 0 165 0 30605 0 23475 0 291633 0 0 PART I, LINE 3 COMMUNITY HOUSING PARTNERS CORPORATION'S BOARD COLLECTS INDEPENDENT DATA ON COMPENSATION FROM OTHER LIKE ORGANIZATIONS AND APPROVES COMPENSATION FOR THE CEO, CFO, COO, AND VICE-PRESIDENTS. X INTEREST SUBSIDY 1 41880 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY EXECUTIVE BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS MONITORS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, INCLUDING THE FORM 990, ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE EXECUTIVE COMMITTEE IN CONJUCTION WITH THE CFO IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT PROCESS AND SELECTION OF THE INDEPENDENT CPA. 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