The Corporation is organized exclusively to benefit and support Community Housing Development Corporation of North Richmond ("CHDC"), in carrying out its purposes, in accordance with the provisions of IRS 509(a)(3) by securing capital from federal, state and local governments and from private sources to assist in providing financing for low and moderate income housing and establishing a revolving loan fund which will provide loans to low and moderate income households for the purpose of assisting in the purchase of affordable housing and/or communities, in furtherance of one of CHDC's charitable purposes.
Reported officers (all unpaid)
No paid executives reported in 2024. Community First Lending reported 6 unpaid officers and board members on its 990.
Revenue and expenses over time
Community First Lending reported revenue and expenses across 2 filing years.
What Housing & Shelter executives earn in California
Community First Lending reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable housing & shelter organization in California earns a median of $68,128.
These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 999 organizations across 999 filings (2021 – 2024).
See full Housing & Shelter pay data for California →Common questions about Community First Lending
What are Community First Lending's revenue and expenses?
In 2024, Community First Lending reported $79k in total revenue and $178k in total expenses on its IRS Form 990.
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