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Affordable Housing America Inc

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

EIN: 203310723 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

Overview

What is Affordable Housing America Inc?

Affordable Housing America Inc, based in Atlanta, Georgia, is a dedicated nonprofit organization with a mission to sponsor, acquire, develop, operate, and oversee the operations of affordable multi-family housing projects, including those that receive federal, state, or local subsidies. This commitment extends to senior housing as well, ensuring the preservation of affordable living options for various communities. With a team of six employees, the organization manages six affordable housing projects, playing a significant role in providing affordable housing solutions in the area.


Official website here: www.ahousing.org

Is Affordable Housing America Inc legitimate?

Affordable Housing America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Affordable Housing America 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: $270,833
Professional Fundraising Fees: $0
Other Salaries and Wages: $323,172

For more financial information, click here


Official website here: www.ahousing.org

What is the mission statement of Affordable Housing America Inc?

Affordable Housing America Inc's mission is centered around sponsoring, acquiring, developing, operating, and overseeing operations of affordable and senior multi-family housing. This includes properties that receive federal, state, or local subsidies, as well as the preservation of existing affordable and senior housing. The organization's primary goal is to provide affordable housing solutions for a wide range of individuals, ensuring that they have access to suitable living spaces. Currently, Affordable Housing America Inc manages six such housing projects.


Official website here: www.ahousing.org

Who is the CEO of Affordable Housing America Inc?

Peter H Wasserman is the Executive Director of Affordable Housing America Inc.


Official website here: www.ahousing.org

What is the revenue of Affordable Housing America Inc?

Affordable Housing America Inc's revenue in 2020 was $4,692,750.


Official website here: www.ahousing.org

Who are the executives of Affordable Housing America Inc and what are their salaries?

The average compensation at Affordable Housing America Inc during 2020 was $99,001. There are 6 employees and 23 volunteers at Affordable Housing America Inc.

Here are 6 key members and their salaries:

    Peter H Wasserman (Executive Director)
  • Compensation: $150,000
  • Related: $0
  • Other: $0

    • Stephen M Wasserman (Vice President) [Trustee/Director]
  • Compensation: $120,833
  • Related: $0
  • Other: $0

    • L Matthew Stone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Moorehouse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher M Buerkle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aaron Kuney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ahousing.org

    Where can I find the form 990 for Affordable Housing America Inc?

    The Affordable Housing America Inc’s most recent form 990 was submitted in 2020 and can be accessed here


    Official website here: www.ahousing.org

    Learn more at the official website: www.ahousing.org

    Mission Statement of Affordable Housing America Inc

    Affordable Housing America Inc is committed to sponsoring, acquiring, developing, operating, and overseeing the operations of affordable and senior multi-family housing. This organization's mission extends to housing projects that receive federal, state, or local subsidies, and it also focuses on preserving affordable and senior housing. By managing six affordable housing projects, Affordable Housing America Inc works tirelessly to provide affordable living solutions for various communities, ensuring that individuals and families have access to safe and comfortable living spaces. The organization's efforts contribute significantly to addressing the housing needs of vulnerable populations, making a positive impact on their lives and overall well-being.

    Impact

    This information is meant to be a general summary of Affordable Housing America 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 America Inc has a significant impact on the community by sponsoring, acquiring, developing, operating, and overseeing operations of affordable and senior multi-family housing. Their focus on providing housing that receives federal, state, or local subsidies ensures that individuals and families in need have access to safe and affordable homes. By owning, operating, or managing six affordable housing projects, Affordable Housing America Inc plays a crucial role in addressing the housing needs of vulnerable populations in Atlanta, GA. Their mission to preserve affordable housing contributes to creating stable and inclusive communities where individuals can thrive.





    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 2020.

  • Investment Income: $3,587,843
  • Program Service Revenue: $1,016,191
  • Gross Receipts: $10,207,026

    • Assets and Liabilities:
  • Total Assets: $4,465,438
  • Total Liabilities: $4,244,246
  • Net Assets: $221,192
  • Programs

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

    SECTION 8 RENT ASSISTANCE

    Revenue

    $685,159

    TENANT RENTS

    Revenue

    $301,652

    OTHER TENANT CHARGES

    Revenue

    $23,130

    PROJECT FEES

    Revenue

    $6,250

    Organization Details

    Founding Year

    2005

    Principal Officer

    Peter H Wasserman

    Main Address

    4770 S ATLANTA ROAD NO 200, ATLANTA, GA, 30339

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Affordable Housing America Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.