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Affordable Housing Network Inc

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

EIN: 208640691 ✦ Cedar rapids, IA ✦ Designated as a 501(c)(3)

Overview

What is Affordable Housing Network Inc?

Affordable Housing Network Inc, located in Cedar Rapids, Iowa, is a dedicated nonprofit organization focused on providing affordable housing solutions. With a total of 12 employees, they manage and own 788 rental units intended for individuals and families with low to very low incomes. The income eligibility ranges from 30% to 80% of the area median income, with 30% to 50% considered very low income and 50% to 80% considered low income. The organization ensures a stable and clean living environment by offering rental agent services and facility maintenance. Their primary mission is to provide affordable housing opportunities for those in need.


Official website here: www.affordablehousingnetwork.org

Is Affordable Housing Network Inc legitimate?

Affordable Housing Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Affordable Housing Network 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: $111,285
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,096,178

For more financial information, click here


Official website here: www.affordablehousingnetwork.org

What is the mission statement of Affordable Housing Network Inc?

Affordable Housing Network Inc's mission is centered around providing affordable housing solutions for individuals and families in need. They strive to make housing accessible to those with low to very low incomes, falling within the 30-50% and 50-80% of the area median income brackets respectively. The organization manages and owns a substantial number of rental units, over 700 in total, with the aim of providing stable and clean living environments for its tenants. To ensure this, they offer rental agent services and facility maintenance, thereby maintaining the quality and livability of the housing units.


Official website here: www.affordablehousingnetwork.org

Who is the CEO of Affordable Housing Network Inc?

Mary Beth O'Neill is the President/Ceo of Affordable Housing Network Inc. The CEO's salary of Affordable Housing Network Inc is $0 and their total compensation is $69,489.


Official website here: www.affordablehousingnetwork.org

What is the revenue of Affordable Housing Network Inc?

Affordable Housing Network Inc's revenue in 2022 was $5,702,234.


Official website here: www.affordablehousingnetwork.org

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

The average compensation at Affordable Housing Network Inc during 2022 was $100,622. There are 12 employees and 31 volunteers at Affordable Housing Network Inc.

Here are 17 key members and their salaries (Affordable Housing Network Inc's CEO's salary is $0 and their total compensation is $69,489):

    Anne Gruenewald (President/Ceo (Until 10/21))
  • Compensation: $0
  • Related: $176,802
  • Other: $47,202

    • Tami Gillmore (Coo (Until 04/22))
  • Compensation: $0
  • Related: $171,862
  • Other: $25,115

    • Kelli Malone (Chief Program Officer (Until 05/22))
  • Compensation: $0
  • Related: $123,878
  • Other: $19,652

    • Debbie Craig (Chief Advocacy Officer)
  • Compensation: $0
  • Related: $100,047
  • Other: $19,787

    • Kim Eiler (Executive Director (Until 02/22))
  • Compensation: $93,478
  • Related: $0
  • Other: $21,413

    • Steve Schuring (Chief Financial Officer)
  • Compensation: $0
  • Related: $84,292
  • Other: $14,319

    • Mary Beth O'Neill (President/Ceo)
  • Compensation: $0
  • Related: $66,700
  • Other: $2,789

    • Lydia Brown (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Choate (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Hill-Davis (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karl Hoffman (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Emily Flowergarden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerry Hunt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Travis Kolder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hunter Skogman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Danielle Rodriguez (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.affordablehousingnetwork.org

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

    The Affordable Housing Network Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.affordablehousingnetwork.org

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

    Mission Statement of Affordable Housing Network Inc

    Affordable Housing Network Inc, as its mission statement suggests, is dedicated to providing affordable housing solutions for individuals and families in need. This nonprofit organization seeks to cater to individuals and families whose income falls within the low to very low income brackets, specifically those whose income ranges between 30% and 80% of the area median income (AMI). By offering affordable housing rentals, this organization aims to ensure that these vulnerable groups have access to stable and clean living environments.

    To achieve this mission, Affordable Housing Network Inc manages a total of 788 rental units, which are intended for individuals and families who fall within their target income brackets. They own 688 of these units, while managing an additional 100 units. The rental agent services and facility maintenance provided by the organization contribute significantly to maintaining a clean and comfortable living environment for its tenants. By offering these essential services, Affordable Housing Network Inc ensures that its tenants can focus on rebuilding their lives and securing their future.

    Impact

    This information is meant to be a general summary of Affordable Housing Network 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 Network Inc's impact is significant in providing affordable housing to individuals and families in need. With a total of 788 rental units intended for those with low to very low incomes, this organization plays a crucial role in ensuring that these individuals have access to stable and clean living environments. By offering rental agent services, facility maintenance, and affordable housing rentals, Affordable Housing Network Inc helps address the pressing issue of housing affordability in Cedar Rapids, Iowa.





    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: $-466,806
  • Program Service Revenue: $5,085,765
  • Gross Receipts: $6,347,014

    • Assets and Liabilities:
  • Total Assets: $25,730,785
  • Total Liabilities: $19,262,516
  • Net Assets: $6,468,269
  • Programs

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

    RENTAL INCOME

    Revenue

    $5,032,800

    AUXILIARY RENTAL INCOME

    Revenue

    $41,996

    AFFILIATE SERVICES

    Revenue

    $10,969

    Organization Details

    Founding Year

    2007

    Principal Officer

    Mary Beth O'Neill

    Main Address

    5400 KIRKWOOD BOULEVARD SW, CEDAR RAPIDS, IA, 52404

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Affordable Housing Network 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.