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American Housing Foundation Inc

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

EIN: 223363205 ✦ Troy, NY ✦ Designated as a 501(c)(3)

Overview

What is American Housing Foundation Inc?

American Housing Foundation Inc, located in Troy, New York, is a nonprofit organization renowned for its commitment to providing affordable senior housing. The foundation, with its headquarters at 297 River Street 205, manages three senior housing projects comprising a total of 282 apartment units. These residences are leased to low-to-moderate income seniors, and the organization's initiatives are supported by funding from the New York State Housing Trust Fund Corporation and tax-exempt bond financing. The mission of American Housing Foundation Inc is centered around the development, ownership, and operation of these senior housing facilities, aiming to contribute positively to the lives of its elderly residents.


Official website here: www.ahfinc.net/

Is American Housing Foundation Inc legitimate?

American Housing Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Housing Foundation 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


Official website here: www.ahfinc.net/

What is the mission statement of American Housing Foundation Inc?

American Housing Foundation Inc's mission is centered around the development and operation of affordable senior housing. They have successfully achieved this by creating and managing three senior housing projects, providing homes for low-to-moderate income seniors. Their work is funded primarily by the New York State Housing Trust Fund Corporation and tax-exempt bond financing. The organization's efforts are geared towards ensuring that elderly individuals have access to affordable housing, thereby contributing to their overall well-being.


Official website here: www.ahfinc.net/

Who is the CEO of American Housing Foundation Inc?

Garry Kearns is the Executive Direc of American Housing Foundation Inc.


Official website here: www.ahfinc.net/

What is the revenue of American Housing Foundation Inc?

American Housing Foundation Inc's revenue in 2022 was $3,006,347.


Official website here: www.ahfinc.net/

Who are the executives of American Housing Foundation Inc and what are their salaries?

Here are 9 key members and their salaries:

    Garry J Kearns (Executive Direc) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William J Riley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John J Naughter (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerry Pucci (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul C Reuss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John P Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Olin Patrick Callaghan Rpa-C (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judith Byrnes (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maureen A Klein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ahfinc.net/

    Where can I find the form 990 for American Housing Foundation Inc?

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


    Official website here: www.ahfinc.net/

    Learn more at the official website: www.ahfinc.net/

    Mission Statement of American Housing Foundation Inc

    American Housing Foundation Inc is committed to a mission that involves the development, ownership, and operation of affordable senior housing. This mission is aimed at providing suitable living spaces for low-to-moderate income seniors. The organization has successfully implemented this mission by developing, owning, and leasing three senior housing projects, encompassing a total of 282 apartment units. These housing projects have been funded through various resources, including the New York State Housing Trust Fund Corporation and tax-exempt bond financing. By carrying out this mission, American Housing Foundation Inc contributes to the well-being and housing stability of senior citizens, ensuring they can age with dignity and independence.

    Impact

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




    Thursday, August 15, 2024

    American Housing Foundation Inc's impact is significant in providing affordable housing options for low-to-moderate income seniors in Troy, NY. By developing, owning, and operating three senior housing projects totaling 282 apartment units, AHF has directly benefited the senior community by ensuring they have access to safe and affordable housing. Through funding from the NYS Housing Trust Fund Corporation and tax-exempt bond financing, AHF has been able to fulfill its mission of developing, owning, and operating affordable senior housing, ultimately contributing to the well-being and quality of life of seniors in the area.





    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: $25,111
  • Program Service Revenue: $3,001,317
  • Gross Receipts: $3,006,347

    • Assets and Liabilities:
  • Total Assets: $16,589,318
  • Total Liabilities: $16,157,710
  • Net Assets: $431,608
  • Programs

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

    Administrative/Management

    Revenue

    $18,000

    Rental Inc-Elderly Hsg

    Revenue

    $2,983,317

    Organization Details

    Principal Officer

    Garry Kearns

    Main Address

    297 River Street 205, Troy, NY, 12180

    NTEE Category

    Code: L220 - Housing

    If you are a representative of American Housing Foundation 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.