2022 Social Impact Report

2022 SOCIAL IMPACT REPORT

Work with Purpose Our success is driven by our people and their commitment to create a purposeful and meaningful environment that meets the needs of our community. Our strategy is clear – we are leveraging our strengths by utilizing our time, talent and treasure to impact our growing communities. By building a culture of good, we strive to give to those who need it the most, support causes that our employees are passionate about, and give our time to make the world a better place. We believe the greatest solutions emerge in an environment where diverse voices are heard, ideas are considered, bold and big thinking is embraced, and people can grow into their fullest potential. Our focus on diversity reflects our desire to engage employees in ways that help them thrive and innovate. Our commitment to active inclusivity is evident in the business we do in communities across the country. We strive to make CREA the partner of choice in creating affordable housing and aim to be a force for shared progress and prosperity. Our success rests on a culture true to our CREA values – getting results the right way.

Arvetta Jideonwo, MHA, CFRE Head of Social Impact

Philanthropy & Giving • Monthly cause & awareness campaigns • Employee matching gifts • Employee referral bonus Volunteerism • Partnerships with non-profit partners • Employee volunteering • CREA Cares initiatives Community Engagement • Property events & activities • Resident engagement • Speaker Series CREA Foundation • Student scholarships • College prep, access & support • Employee giving

Pillars of Success The pillars of CREA’s Social Impact Model include Volunteerism, Philanthropy, Employment Engagement and CREA Foundation. All these are being supported by an intentional focus on Diversity, Equity and Inclusion, led by the Inclusion Advisory Council (IAC).

GIVE BACK 21 Causes Recognized & Organizations Supported 50 % Increase in support from 2021 to 2022 Monthly Cause & Awareness Support Philanthropy & Giving $ 4 k+ Employee Matching Gifts $ 6 k Employee Referral Bonus Charitable Donations

$ 61 k of CREA Employee Contributions

$ 252.3 k Total Charitable (including CREA Foundation)

Contributions 23 %

Increase from 2021 to 2022

NONPROFIT SECTORS

50% Health 14% Education & Research 18% Human Services 18% Public, Societal Benefit

(by individual organization supported, not donation amount)

Making a Difference $ 13.5 k in Volunteer Value* VOLUNTEER Increase from 2021 Employee Volunteerism 9 Volunteer Events 163 %

Letters Stuffed, Labeled, Sealed & Sorted 3 CREA Property Engagements

453 Volunteer Hours 64 Employee Volunteers

~ 500 Meals / Food

Bags Prepared ~ 1 K

7 Average Volunteer Hours Per Employee

154 lbs. of Street Trash Removed

~25 hrs.

It is easy to not realize our privilege, but these opportunities open us up to the challenges many individuals face. Volunteering with CREA empowers us to give back to individuals in need of assistance by directly engaging with the communities we aim to serve and offering them additional support.

When I volunteer, it helps remind me to stay humble and count my blessings. It is a way to contribute to the greater good of society. The people we help when volunteering have hopes, dreams and goals for their life just like us.

Facility Clean-Up

AREAS OF IMPACT

Food Insecurity & Hunger Housing & Shelter Support Environmental Care Literacy & ESL

Mohammed Khan Senior Analyst

Nicole Scartozzi Office Manager & Executive Assistant

* Calculated via Independent Sector 2022 Volunteer Rate

ENGAGEMENT While CREA employees heard from a handful of speakers in the DEI space, 2022 came with opportunities to hear from developer partners on the impact that they’re making in affordable housing and the communities they serve. Speaker Series Highlights Employee Engagement *NEW* Summer Book Club: “The Color of Law” by Richard Rotherstein 26 Book Club Participants

13 Member Employee-Led

12 Volunteer IAC Working Group Participants

One of our speakers in 2022 was Van Fox , President of MHT Housing (pictured below, left) , who spoke with us live from MHT’s new M Training Center. This new center offers residents and community members:

Inclusion Advisory Council (IAC)

• Hands-on learning experience • Tuition-free education • Opportunity to earn a completion grant • Fully functioning kitchen, bedroom, bathroom, and heating/cooling system for comprehensive training purposes

• Daycare services • One-month internship, with the ability to move into a full-time job with benefits from strategic partnerships • Connections with community colleges and ministers

ENGAGEMENT OPPORTUNITIES

Volunteering Employee Match & Referral Programs Speaker Series & Book Club CREA Foundation IAC Working Group Participation Office Green Initiatives

Learn more about Van Fox and his work at MHT online. We also welcomed and heard from Terril Bates , Director of Operations at Knight Development (right) .

EDUCATION

The Class of 2026 is here! After a thorough selection process, CREA Foundation welcomed its inaugural class of CREA Scholars. All scholars will receive their degree through collegiate partner, Indianapolis University-Purdue University Indianapolis (IUPUI). Funding includes support for 4 years of tuition, as well as wraparound services. Foundation Efforts

Diversity, Equity & Inclusion

DEI Foundations & DEI 2.0 Training Offered Quarterly

Hiring Without Bias Training Implemented

10 Scholarships Awarded

$ 6.5 k

Average Award Per Year

Enhanced Benefits for Parents & Caregivers

Launched Caregivers Employee Resource Group

$ 260 k Total Funds

64 % of Employees Give to the Foundation

24 Diversity Learning Circle Participants

Committed in 2022

Updated Employer Branding to Amplify DEI & Social Impact

DEI FOCUS AREAS

Increase Representation Reduce Bias in Processes Developer Advocacy Capabilities Refresh Marketing & Communications Fill Newly Approved DEI Leadership Position Expand Network & Community

What’s Next... Though we’re immensely proud of the progress we’ve made over the past year, our social impact model is all about looking ahead. Here are just some of our goals for 2023: » Incorporate immersive learning experiences to improve our employee knowledge and understanding of communities in need. » Commit to in-depth Diversity, Equity, and Inclusion training for all employees to build on a workplace culture that embraces diverse perspectives and creativity. » Continue Diversity Speaker Series and CREA Summer Book Club to provide connection and understanding to the people who reside in affordable housing communities. » Commit to 500 community service hours with 50% of our employee base volunteering. » Contribute $250K to philanthropic causes within the communities we serve, including CREA Foundation, and those that our employees are passionate about.

BE THE CHANGE YOU WISH TO SEE IN THE WORLD - Mahatma Ghandi

CREALLC.com/SOCIAL-IMPACT

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