Crf Affordable Housing
Crf Affordable Housing reported $39.9 million in revenue and $24.4 million in expenses for the fiscal year ending March 31, 2025. Of every $100 it spent, $100.00 went to program services, $0.00 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 55.8% of the total. The highest compensation it reported for one person was $322,702 (PRESIDENT). 2 people received more than $100,000 in reportable compensation. Revenue rose 544% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending March 31, 2025 · Form 990, Part IX, line 25 · total expenses $24MFor context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending March 31, 2025 · Form 990, Part VIII · total revenue $40MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 100.0% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 0.0% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 9.2% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 55.8% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $322,702 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.32% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 2 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 46.7 | 10.0 |
| Independent voting board members Part VI 1a–1b | 4 of 4 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseCrf Affordable Housing, inc. Supports 19 low-income housing properties by providing oversight of each property's management team through the development of policies and procedures, development of social programs and services for the residents and ensures compliance with program regulations as well as with other government agencies to meet its charitable purpose
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT Director/trustee, officer, 40.00 hrs/week | $322,702 | $0 | $0 | $322,702 |
| VICE PRESIDENT Officer, 40.00 hrs/week | $286,139 | $0 | $0 | $286,139 |
2 people received more than $100,000 in reportable compensation from Crf Affordable Housing (Part VII, line 2). Compensation of current officers, directors and key employees totaled $609K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b4 · 4 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13No
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 542
Correct a figure or respond
Every number above is copied from Crf Affordable Housing's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Crf Affordable Housing, you can publish a response that is linked from this page.
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Of every $100 Crf Affordable Housing spent in FY2025, $100.00 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Habitat for Humanity of Pinellas County Inc & SubsidiariesClearwater, FL · revenue $40M · programs 96.7% · FY2025
- Oakland Affordable Housing Preservation InitiativeOakland, CA · revenue $40M · programs 94.5% · FY2025
- Sjf CcrcVoorhees, NJ · revenue $40M · programs 84.0% · 2024
- Venice Community Housing CorporationVenice, CA · revenue $40M · programs 91.4% · 2024
- Foundation Communities Group ReturnAustin, TX · revenue $39M · programs 100.0% · 2024
All housing & shelter charities · Largest charities in Indiana
Questions people ask
How much of Crf Affordable Housing's spending goes to programs?
In the fiscal year ending March 31, 2025, Crf Affordable Housing reported that 100.0% of its $24.4 million in expenses went to program services, 0.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Crf Affordable Housing pay its top executive?
The largest total compensation Crf Affordable Housing reported for one person in the fiscal year ending March 31, 2025 was $322,702, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Crf Affordable Housing get its money?
Of $39.9 million in revenue in the fiscal year ending March 31, 2025, 9.2% came from contributions and grants and 55.8% from program service revenue (Form 990, Part VIII).
Is Crf Affordable Housing a registered charity?
The IRS lists EIN 47-4379637 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending March 31, 2025, object 202543259349301029 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending March 31, 2024, object 202403069349300510 · read the filing
- FY2023: Form 990 for the fiscal year ending March 31, 2023, object 202333049349300918 · read the filing
- FY2022: Form 990 for the fiscal year ending March 31, 2022, object 202232669349300303 · read the filing
- FY2021: Form 990 for the fiscal year ending March 31, 2021, object 202112229349301826 · read the filing
- FY2020: Form 990 for the fiscal year ending March 31, 2020, object 202012909349300206 · read the filing
All filings for EIN 47-4379637: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.