Chf Merrimack Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE EXEMPT PURPOSE OF THE ORGANIZATION IS TO BENEFIT, PERFORM THE FUNCTIONS OF, AND CARRY OUT THE PURPOSES OF, COLLEGIATE HOUSING FOUNDATION (THE 'FOUNDATION'), WHICH WAS ORGANIZED AND IS OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, AND MORE SPECIFICALLY FOR THE PURPOSE OF ASSISTING COLLEGES AND UNIVERSITIES IN PROVIDING HOUSING FOR THEIR ENROLLED STUDENTS AND OTHERWISE ASSISTING THEM IN FURTHERANCE OF THEIR EDUCATIONAL MISSIONS.
- Income
- $50,001
- Spending
- $15,150
- Spent on programs
- 100%
- Reserves
- 27.6 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
- Volunteers
- 0
- Highest pay
- $736,623, director/president
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
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
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: 55 out of 100. Higher than 25% of charities in its peer group (housing, under $250k).
Independent board
0 of 250 of 1 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
7 of 7Has a 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
0 of 5Reports no independent review process for its chief executive's pay.
No reported misuse
10 of 10Reports 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)
- $15,150 spent. ALL OF THE ACTIVITIES OF THE ORGANIZATION ARE PERFORMED AND CARRIED OUT IN ACCORDANCE WITH THE PURPOSES, GOALS, AND OBJECTIVES OF THE FOUNDATION. THE ORGANIZATION'S SOLE ACTIVITY IS TO ASSIST MERRIMACK COLLEGE (THE 'COLLEGE') WITH THE FINANCING, CONSTRUCTION AND OPERATION OF AN APPROXIMATE 540-BED STUDENT HOUSING FACILITY AND ASSOCIATED ACADEMIC SPACE AND OTHER ANCILLARY FACILITIES (THE 'PROJECT'). THE COLLEGE IS AN INSTITUTION OF HIGHER EDUCATION EXEMPT UNDER SECTION 501(C)(3) OF THE CODE AND LOCATED IN NORTH ANDOVER, MA.
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
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.
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.
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.
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.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 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.