COMMUNITY HOUSING TRUST OF SARASOTA COUNTY INC
760 N RIVER ROAD, VENICE, FL 34293

Total Revenue
$69,464
Total Expenses
$32,642
Net Assets
$2,391,485

Organizations Filed Purposes: TO CREATE PERMANENTLY AFFORDABLE HOUSING OPPORTUNITIES FOR LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES. CHT WORKS WITH PUBLIC, PRIVATE, AND OTHER NON-PROFIT GROUPS AND PARTNERS WITH FINANCIAL INSTITUTIONS AND GREAT SOURCES TO INCREASE THE SUPPLY OF AFFORABLE HOMES.

EMPLOYER ASSISTED HOUSING PROGRAM - THE ORGANIZATION INTENDS TO CREATE PERMANENT AFFORDABILITY BY ACQUIRING LAND AND BUILDING HOMES FOR QUALIFIED INDIVIDUALS. A LOW MARKET NINETY-NINE YEAR GROUND LEASE ON THE LAND IN EXCHANGE FOR A BELOW-MARKET RATE PURCHASE PRICE FOR THEIR HOME INCLUDES A PURCHASE OPTION FOR THE ORGANIZATION TO PURCHASE THE HOUSE IF THE BUYER INTENDS TO SELL. FURTHER, IF THE BUYER SELLS THE HOUSE AT A FUTURE DATE TO A QUALIFIED THIRD PARTY, THE ORGANIZATION HAS THE RIGHT TO RECEIVE A PERCENTAGE OF THE APPRECIATED VALUE OF THE HOUSE AS DEFINED IN THE AGREEMENT.

ROADMAP TO HOME OWNERSHIP - PROVIDE COUNSELING AND FINANCIAL ASSISTANCE TO LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Garree NaceDIRECTOR1$0
George McgonagillVICE PRESIDE1$0
Rod HershbergerDIRECTOR1$0
Brad BakerPRESIDENT1$0
Donna WashkoDIRECTOR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202031779349300443_public.xml