Community Services Housing Developement Corporation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The stabilization of the community's housing stock through the development of low- and moderate income housing, with the creation of ancillary social service programs thereby enabling community residents and tenants to have safe, clean and affordable housing, and services that increase the quality of life for the community
- Income
- $17,948
- Spending
- $53,484
- Spent on programs
- 82%
- Reserves
- Over 10 years of spending
- Largest source of income
- donations and private grants, 35%
- Employees
- 1
- Volunteers
- 4
- Highest pay
- $9,231, executive dir.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 70 out of 100. Higher than 73% of charities in its peer group (housing, under $250k).
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
20 of 20It owes 3% of what it owns.
Living within its means
0 of 15Spending exceeded income by 198% of income.
Income trend
0 of 15Income fell 31% on the year before.
Spending floor
15 of 1582% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 56 out of 100. Higher than 25% of charities in its peer group (housing, under $250k).
Independent board
18 of 253 of 3 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $43,697 spent. Housing program - Community Services Housing Development Corp. works to stabilize and maintain the stability of the community through a number of tools. The development of low- and moderate-income housing, management of low- and moderate-income housing; the creation and operation of social service programs that provide needed support services to the general community and to the residents. Over the last year, January to December, Community Services Housing Development Corp.(CSHDC) managed 219 units of low-income housing including two low-income tenant owned Co-ops. CSHDC's management stabilized and worked to preserve these properties, providing essential services heat and hot water, cleaning, security- and other necessary services to maintain the viability of these buildings. This enabled the residents, over 65% of who are categorized, using HUD data, as low- and very low income homes to maintain affordable homes in the community.
- CSHDC operated a Food Pantry that provided food, with a goal of three meals for three days for a family of four. CSHDC met the food needs of an average of 2,200 individuals a month, including over 900 children, who were able to supplement their diet through the operation of the Food Pantry. During the winter months, November to January, CSHDC operated a Winter Coat Program where we provided over 150 winter coats to community residents, men, women, and children. The organization operated both programs though participation in municipally funded programs. The Food Pantry and the Winter Coat Program were provided without fee to our residents and community.Tax Preparation Program - CSHDC, through participation with the Food Bank of NYC VITA/TCE program, offered free tax preparation services to the community. CSHDC completes two courses through the IRS, Standards of Conduct, and an Intake/Interview to meet the qualification for participation. This year we completed federal, state, and local returns for over 150 individuals and families. The program operates from January to April and is funded by CSHDC through its own resource.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 1988.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.