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Utah Center For Affordable Housing

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

EIN: 270173489 ✦ Midvale, UT ✦ Designated as a 501(c)(3)

Overview

What is Utah Center For Affordable Housing?

Utah Center for Affordable Housing (UCAH) is a nonprofit established in 2009 with a goal to enhance affordable housing and stabilize neighborhoods. They achieve this by collaborating with various affordable housing providers, funding sources, and financial institutions. UCAH acquires discounted properties from financial institutions and sells them to non-profit organizations serving lower-income populations. This process helps decrease the number of foreclosed properties in the market, stabilize neighborhoods, and provide affordable housing units to lower-income families. UCAH's activities are funded through program income, and administrative expenses are accounted for in their expenses. The organization operates from an office in Midvale, Utah.


Official website here: www.utcns.com/ucah

Is Utah Center For Affordable Housing legitimate?

Utah Center For Affordable Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Utah Center For Affordable Housing 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: $44,511
Professional Fundraising Fees: $0
Other Salaries and Wages: $76,241

For more financial information, click here


Official website here: www.utcns.com/ucah

What is the mission statement of Utah Center For Affordable Housing?

The Utah Center for Affordable Housing, established in 2009, has a mission to enhance neighborhood stability and increase the availability of affordable housing. They accomplish this by collaborating with various entities, including affordable housing providers, funding sources, and financial institutions. The organization acquires discounted properties from financial institutions and sells them to non-profit organizations that serve lower-income populations. This process aims to decrease the number of foreclosed properties on the market, stabilize neighborhoods, and provide affordable housing units to lower-income families.


Official website here: www.utcns.com/ucah

Who is the CEO of Utah Center For Affordable Housing?

Dan Adams is the Executive Director of Utah Center For Affordable Housing.


Official website here: www.utcns.com/ucah

What is the revenue of Utah Center For Affordable Housing?

Utah Center For Affordable Housing's revenue in 2022 was $479,529.


Official website here: www.utcns.com/ucah

Who are the executives of Utah Center For Affordable Housing and what are their salaries?

Here are 15 key members and their salaries:

    Dan Adams (Executive Director)
  • Compensation: $0
  • Related: $237,969
  • Other: $31,597

    • Amy Thornton (Coo)
  • Compensation: $0
  • Related: $151,049
  • Other: $27,314

    • Jonathan Hanks (Former Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kisty Morris (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Boren (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phillip Meeks (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kimberly Chytraus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Cornelius (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Jensen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Howard Headlee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heidi Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rex Rollo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Simpson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Chirstopulos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.utcns.com/ucah

    Where can I find the form 990 for Utah Center For Affordable Housing?

    The Utah Center For Affordable Housing’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.utcns.com/ucah

    Learn more at the official website: www.utcns.com/ucah

    Mission Statement of Utah Center For Affordable Housing

    Utah Center for Affordable Housing, established in 2009, is committed to improving neighborhoods and increasing the availability of affordable housing. They achieve this by collaborating with various affordable housing providers, funding sources, and financial institutions. The organization's mission is to acquire discounted properties from financial institutions and then sell them to non-profit organizations that cater to lower-income populations. This process aims to reduce the number of foreclosed properties on the market, stabilize neighborhoods, and provide affordable housing units to families with limited income. By facilitating this transition, Utah Center for Affordable Housing contributes significantly to the community, ensuring that lower-income families have access to suitable housing options.

    Impact

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




    Wednesday, July 24, 2024

    The Utah Center for Affordable Housing's impact lies in its efforts to stabilize neighborhoods and increase affordable housing availability in Utah. By collaborating with affordable housing providers, funding sources, and financial institutions, the organization works to acquire discounted properties from financial institutions and sells them to affordable housing non-profit organizations serving lower income populations. This process helps decrease the number of foreclosed properties on the market, stabilize neighborhoods, and provide affordable housing units to lower income families.





    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: $69,835
  • Program Service Revenue: $409,694
  • Gross Receipts: $825,489

    • Assets and Liabilities:
  • Total Assets: $17,071,350
  • Total Liabilities: $436,609
  • Net Assets: $16,634,741
  • Programs

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

    RENTAL INCOME

    Revenue

    $423,342

    INTEREST INCOME FROM L

    Revenue

    $40,808

    DEVELOPMENT FEES

    Revenue

    $25,341

    LOAN ADMINISTRATION FE

    Revenue

    $3,750

    RENTAL EXPENSES

    Revenue

    $-83,547

    Organization Details

    Founding Year

    2009

    Principal Officer

    Dan Adams

    Main Address

    6880 S 700 W OFFICE 102, MIDVALE, UT, 84047

    NTEE Category

    Code: L25 - Housing

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