Community Housing Initiative Inc

Community development organization based in Melbourne, FL. 4 employees. Exempt under §501(c)(3).

MissionAS A NOT-FOR-PROFIT CHARITABLE DEVELOPMENT CORPORATION, COMMUNITY HOUSING INITIATIVE, INC. IS COMMITTED TO PROVIDING AFFORDABLE HOUSING TO THE VERY LOW, LOW, AND MODERATE-INCOME HOUSEHOLDS.OUR GOAL IS TO IMPROVE THE QUALITY OF LIFE AND BUILD STRONG RELATIONSHIPS WITH EXISTING

Financial snapshot · TY 2024

$2.2M
Total revenue
$2.2M
Total expenses
$4.3M
Net assets

Financial health · TY 2024

41
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
0
-2.4 months of expenses
Program efficiency
100
97% spent on programs
Revenue diversity
7
Mix of program fees, grants & contributions

Leadership compensation

Nicole Tenpenny
PRESIDENT/EXECUTIVE DIRECT
$140,558
58th percentile vs. peers

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