Page 14 - Balance | CHC Annual Report 2020

C H C
a n n u a l
r e p o r t

STATEMENT

Operations Non-Profit Families 2020

Subsidy: Capital Other
438,000 136,000

Subsidy: Rental
Supplement
2020
154,000
NON-PROFIT Rental Revenue
3,957,000
FAMILIES
REVENUE

$8,377,000

The Non-Profit Families program
provides housing to families in the Subsidy: Operating
City of Windsor and County of 3,692,000
Essex at both affordable market
rents and on a rent-geared-to-
income (RGI) basis. About 40% of
this program is affordable market
rent while 60% is dedicated to the Insurance Premiums Professional
RGI program. The program 127,000 Fees Salaries, Wages
receives municipal funding 45,000 and Benefits
through a set HSA subsidy formula. Municipal Taxes 896,000
1,157,000 Office
Administration
2020 131,000
NON-PROFIT
FAMILIES Utilities
EXPENDITURES 289,000 Interest
444,000
$5,335,000
Bad Debts
(117,000)
Amortization
Materials and 1,020,000
Services
1,343,000

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