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Affordable Housing Opportunities Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 201237467 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is Affordable Housing Opportunities Inc?

Affordable Housing Opportunities Inc, based in Washington D.C., is a dedicated nonprofit organization. Their primary mission is to develop, own, and manage low-income housing for the most vulnerable residents in the Washington, DC metropolitan area. In 2022, they successfully provided safe, affordable housing to 223 families, consisting of 375 children and 727 single adults. Their supportive services aim to help residents build their strengths and achieve greater independence.


Is Affordable Housing Opportunities Inc legitimate?

Affordable Housing Opportunities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Affordable Housing Opportunities Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Affordable Housing Opportunities Inc?
Who is the CEO of Affordable Housing Opportunities Inc?
What is the revenue of Affordable Housing Opportunities Inc?
Who are the executives of Affordable Housing Opportunities Inc and what are their salaries?
Where can I find the form 990 for Affordable Housing Opportunities Inc?

Mission Statement of Affordable Housing Opportunities Inc

Affordable Housing Opportunities Inc, a dedicated nonprofit organization, is committed to developing, owning, and managing low-income housing for the most vulnerable residents in the Washington, DC metropolitan area. The mission of this esteemed institution is to provide affordable housing solutions, ensuring a safe and secure living environment for families and single adults who are economically disadvantaged.

In 2022, Affordable Housing Opportunities Inc made a significant impact by offering housing to 223 families, including 375 children, as well as 727 single adults. By doing so, the organization not only fulfilled their responsibility to provide shelter but also extended supportive services to help the residents build on their strengths and strive for greater independence. These services were instrumental in fostering self-sufficiency and empowering individuals to improve their lives.

The tireless efforts of Affordable Housing Opportunities Inc have resulted in a tangible difference in the lives of countless individuals. By offering affordable housing and essential support services, they have created an environment where people can focus on their personal growth and wellbeing instead of worrying about their next meal or a place to call home. With a strong commitment to serving the most vulnerable members of the community, Affordable Housing Opportunities Inc continues to be a beacon of hope and a vital resource for those in need.

Impact

This information is meant to be a general summary of Affordable Housing Opportunities Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Affordable Housing Opportunities Inc provides safe, affordable housing for the very poorest residents of the Washington, DC metropolitan area. In 2022, this organization served 223 families with 375 children and 727 single adults, offering not just housing but also supportive services to help residents build on their strengths and achieve greater independence. This impact is crucial in addressing the housing needs of vulnerable populations and helping them move towards stability and self-sufficiency.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $185
  • Program Service Revenue: $5,945,152
  • Gross Receipts: $26,244,241

    • Assets and Liabilities:
  • Total Assets: $41,201,421
  • Total Liabilities: $17,319,925
  • Net Assets: $23,881,496
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    AFFORDABLE HOUSING SERVICES

    Revenue

    $3,011,513

    RENTAL INCOME

    Revenue

    $2,933,639

    Organization Details

    Founding Year

    2004

    Principal Officer

    Ralph Boyd

    Main Address

    71 O STREET NW, WASHINGTON, DC, 20001

    NTEE Category

    Code: L21 - Housing

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