Organizations Filed Purposes:
To provide low-cost housing for low-income families who could not qualify for traditional home loans. After renting for a trial period, families purchase the home, CHAC providing the financing.
To provide affordable housing to lowincome families
Homes are purchased or built and subsequently sold to low-income families. CHAC holds the contracts of sale on seven homes on which the clients make monthly payments on the mortgage loan. One client paid off their mortgage during 2020. Currently two single women are working toward purchasing homes still owned by CHAC. Three homes are being rented while awaiting newly-approved clients. CHAC purchased two additional properties in 2020 to renovate for future clients.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Debrah Ramsey | Director | 1 | $0 |
| Peggy Garvey | Director | 2 | $0 |
| Mark Droughman Jr | Director | 1 | $0 |
| Jean Droughman | Director | 1 | $0 |
| Rodger Daniels | Director | 2 | $0 |
| Linda Major | Secretary | 2 | $0 |
| Krista Powell | Treasurer | 4 | $0 |
| Norman Batman | Vice President | 2 | $0 |
| Michael Garvey | President | 10 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202121339349303127_public.xml