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Camba Housing Ventures Inc

EIN 55-0881162 · Brooklyn, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong90 out of 100GovernanceFair58 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

CAMBA HOUSING VENTURES ENVISIONS DIVERSE, THRIVING COMMUNITIES WHERE AFFORDABLE HOUSING HELPS TENANTS SUCCEED AND IMPROVES THE LOCAL ECONOMY. CHV'S MISSION IS TO ELEVATE THE DEFINITION OF AFFORDABLE AND SUPPORTIVE HOUSING BY CREATING AND PRESERVING SUSTAINABLE, HIGH-QUALITY, AND ENERGY-EFFICIENT DEVELOPMENTS THAT PROVIDE RESIDENTS WITH A HEALTHY, STABILIZING, AND BEAUTIFUL HOME. WE ARE COMMITTED TO EMPOWERING COMMUNITIES WITH RESOURCES AND OPPORTUNITIES TO FLOURISH.

Income
$22.3 million
Spending
$8.7 million
Spent on programs
88%
Reserves
41.1 months of spending
Largest source of income
fees for its services, 95%
Employees
0
Volunteers
4
Highest pay
$2.2 million, former president/ceo

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 90 out of 100. Higher than 85% of charities in its peer group (housing, $10m to $100m).

  • Reserves

    35 of 35

    Spendable reserves would cover 41.1 months of spending.

  • Debt

    10 of 20

    It owes 41% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 61% of income.

  • Income trend

    15 of 15

    Income rose 377% on the year before.

  • Spending floor

    15 of 15

    88% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 58 out of 100. Higher than 3% of charities in its peer group (housing, $10m to $100m).

  • Independent board

    18 of 25

    4 of 4 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, 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 (1)
  1. $7.7 million spent. CAMBA HOUSING VENTURES, INC. IS AN AFFORDABLE HOUSING DEVELOPMENT ORGANIZATION DEVELOPING SUSTAINABLE AND ENERGY EFFICIENT BUILDINGS THAT PROVIDE SAFE AND AFFORDABLE HOUSING FOR LOW-INCOME AND FORMERLY HOMELESS FAMILIES AND INDIVIDUALS.IN 2024 THE CAMBA HOUSING VENTURES (CHV) HOUSING DEVELOPMENTS MAINTAINED OCCUPANCY STANDARDS FOR 880 WILLOUGHBY, 100-UNITS IN BUSHWICK; MORRIS MANOR, 46-UNITS IN FLATBUSH; 97 CROOKE, 53 UNITS IN FLATBUSH; 212-214 HEGEMAN AVENUE, 71 UNITS IN BROWNSVILLE; CAMBA GARDENS PHASE I, 209 UNITS, AND CAMBA GARDENS PHASE II, 293 UNITS, BOTH IN WINGATE, BROOKLYN. VAN DYKE, 101 UNITS OF LEED GOLD AFFORDABLE AND SUPPORTIVE FAMILY HOUSING ON A FORMER NYCHA PARKING LOT AT VAN DYKE HOUSES IN BROWNSVILLE, BROOKLYN ALSO MAINTAINED OCCUPANCY STANDARDS WITH CAMBA PROVIDING ON-SITE SOCIAL SERVICES. CAMBA GARDENS PHASE I AND II (LEED PLATINUM AND GOLD, RESPECTIVELY) REPRESENT A NATIONAL MODEL OF COLLABORATION BETWEEN A PUBLIC HOSPITAL, A NON-PROFIT AFFORDABLE HOUSING DEVELOPER AND A SERVICE PROVIDER TO CO-LOCATE HOUSING AND HEALTHCARE. BUCKINGHAM HOUSE, A 36-UNIT AFFORDABLE DEVELOPMENT FOR FORMERLY HOMELESS AND LOW-INCOME HOUSEHOLDS IN STATEN ISLAND, ALSO MAINTAINED OCCUPANCY STANDARDS WITH CAMBA PROVIDING ON-SITE SOCIAL SERVICES. CHV COMPLETED REHAB/RESILIENCY WORK ON THIS SUPERSTORM SANDY-AFFECTED PROPERTY IN LATE FY21.CHV CONTINUED THE OPERATIONS AND FISCAL IMPROVEMENTS OF HERITAGE HOUSE, A 40-UNIT AFFORDABLE HOUSING PROJECT IN EAST HARLEM ACQUIRED BY CHV AS A WORK-OUT DEAL IN 2015. CHV CONTINUED AS THE NON-PROFIT DEVELOPMENT PARTNER WITH HUDSON COMPANIES AND RELATED COMPANIES AT GATEWAY ELTON PHASE I, PROVIDING 197 UNITS OF AFFORDABLE HOUSING; AT ALAN EPSTEIN APARTMENTS (GATEWAY ELTON PHASE II), PROVIDING 175 UNITS OF AFFORDABLE HOUSING; AND AT GATEWAY ELTON PHASE III, PROVIDING 287 UNITS OF AFFORDABLE HOUSING, ALL IN EAST NEW YORK. CHV CONTINUED AS THE NON-PROFIT PARTNER WITH STELLAR MANAGEMENT FOR CASTLETON PARK, A 454-UNIT MITCHELL LAMA DEVELOPMENT IN STATEN ISLAND, INCLUDING SECURING RENTAL ASSISTANCE AND COORDINATION WITH THE TENANT ASSOCIATION.IN 2025 CHV CONTINUED CONSTRUCTION ON THE HART, THE AWARDED SITE C AS PART OF THE FIRST ROUND OF NEW YORK STATE'S VITAL BROOKLYN INITIATIVE, REACHING 93% COMPLETION AND COMMENCING THE MARKETING AND LEASE-UP PHASES. THE HART WILL PAIR 57 UNITS OF SUSTAINABLE SUPPORTIVE AND AFFORDABLE HOUSING WITH HEALTHCARE ON AN UNDERUTILIZED HOSPITAL SITE IN BEDFORD-STUYVESANT. CHV CONTINUED CONSTRUCTION AT CLARKSON ESTATES, 328 PASSIVE HOUSE UNITS OF SUPPORTIVE AND AFFORDABLE HOUSING, WHICH REACHED 65% COMPLETION AND INCLUDED THE DEMOLITION OF AN EXISTING BUILDING ONSITE. THIS FORMER SUNY DOWNSTATE SITE WAS COMPETITIVELY AWARDED TO CHV AS PART OF VITAL BROOKLYN'S SECOND ROUND OF UNDERUTILIZED HOSPITAL SITES. CLARKSON ESTATES WILL PROVIDE HOUSING FOR YOUTH AGING OUT OF FOSTER CARE, HOMELESS YOUNG ADULTS, FORMERLY INCARCERATED INDIVIDUALS, AND CHRONICALLY HOMELESS FAMILIES, IN ADDITION TO LOW-INCOME INDIVIDUALS AND FAMILIES, AND WILL PROVIDE OVER 30,000 SQUARE FEET OF IMPACTFUL COMMUNITY FACILITY PROGRAMMING, INCLUDING A FULL-SIZED BASKETBALL COURT.CHV COMPLETED LEASE-UP OF THE BRONX GROVE (CHV 202ND/203RD STREET), PROVIDING323 UNITS OF SUPPORTIVE AND AFFORDABLE HOUSING IN BEDFORD PARK IN THE BRONX. CHV ALSO COMPLETED THE PERMANENT FINANCING CONVERSION IN 2025, STABILIZING THE BUILDING AND TRANSITIONING IT SUCCESSFULLY INTO THE OPERATIONS AND ASSET MANAGEMENT PHASE. HAVING COMPLETED THE YEAR 15 LOW INCOME HOUSING TAX CREDIT INVESTOR EXIT PROCESS AND A TAX ABATEMENT CLOSING FOR MORRIS MANOR, CHV SUBSTANTIALLY COMPLETED DESIGN PHASE FOR FUTURE CAPITAL IMPROVEMENTS, COMMENCED BIDDING AND CONTINUED FURTHER PREDEVELOPMENT WORK. SIMILAR TO MORRIS MANOR, CHV ALSO SECURED PROJECT-BASED RENTAL SUBSIDIES FOR A PORTION OF THE UNITS AT 880 WILLOUGHBY AND SUBSTANTIALLY COMPLETED THE DESIGN PROCESS AND CONTINUED DUE DILIGENCE, TO PREPARE FOR A FUTURE CAPITAL IMPROVEMENTS/LOAN CLOSING(S). CHV CONTINUED WITH ENVIRONMENTAL DUE DILIGENCE, SITE INVESTIGATION AND COMMUNITY ENGAGEMENT WORK FOR KINGSBOROUGH SENIORS, WHICH WAS AWARDED THROUGH THE NYCHA/HPD SENIORS RFP IN JUNE 2023. KINGSBOROUGH SENIORS, DESIGNED TO PASSIVE HOUSE STANDARDS, WILL PROVIDE 244 UNITS OF SUPPORTIVE AND AFFORDABLE SENIOR HOUSING, WITH ON-SITE CAMBA SUPPORTIVE SERVICES, AND OVER 3,500 SQUARE FEET OF CAMBA COMMUNITY FACILITY SPACE FOCUSED ON ECONOMIC EMPOWERMENT FOR THE COMMUNITY. IN THE PAST YEAR, CHV ALSO COMPLETED SCHEMATIC DESIGN, SELECTED A GENERAL CONTRACTOR AND CONTINUED WORKING WITH NYCHA ON LEGAL, ZONING AND FUTURE SITE DISPOSITION PROCESSES.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. 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 October 13, 2026.

  2. 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 November 6, 2026.

  3. 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 October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 2005.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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 November 4, 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.