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The Affordable Housing Trust For Columbus And Franklin County

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

EIN: 311727952 ✦ Columbus, OH ✦ Designated as a 501(c)(3)

Overview

What is The Affordable Housing Trust For Columbus And Franklin County?

The Affordable Housing Trust for Columbus and Franklin County is a catalyst for creating and preserving affordable homes and apartments in the Columbus and Franklin County area. This nonprofit organization invests in residential development and construction, particularly in older and overlooked neighborhoods. By allocating resources efficiently and cost-effectively, The Affordable Housing Trust has facilitated the creation or preservation of 949 housing units and serves as a significant contributor to the production of affordable homes and apartments. With a restricted balance of $84.4 million in program-related obligations, the organization encourages the development of home ownership in employment centers, making a difference in the community. They employ a team of 11 individuals dedicated to their mission.


Official website here: www.hztrust.org

Is The Affordable Housing Trust For Columbus And Franklin County legitimate?

The Affordable Housing Trust For Columbus And Franklin County is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Affordable Housing Trust For Columbus And Franklin County 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: $837,104
Professional Fundraising Fees: $0
Other Salaries and Wages: $298,857

For more financial information, click here


Official website here: www.hztrust.org

What is the mission statement of The Affordable Housing Trust For Columbus And Franklin County?

The Affordable Housing Trust serves as a catalyst for the creation of affordable homes and apartments. Its mission is to encourage the development of home ownership in areas near employment centers. The organization acts as an investor in affordable residential development and construction in overlooked areas. It allocates resources efficiently and cost-effectively to maximize the production of affordable housing.


Official website here: www.hztrust.org

Who is the CEO of The Affordable Housing Trust For Columbus And Franklin County?

Lark Mallory is the President of The Affordable Housing Trust For Columbus And Franklin County.


Official website here: www.hztrust.org

What is the revenue of The Affordable Housing Trust For Columbus And Franklin County?

The Affordable Housing Trust For Columbus And Franklin County's revenue in 2022 was $13,843,474.


Official website here: www.hztrust.org

Who are the executives of The Affordable Housing Trust For Columbus And Franklin County and what are their salaries?

The average compensation at The Affordable Housing Trust For Columbus And Franklin County during 2022 was $103,269. There are 11 employees and 19 volunteers at The Affordable Housing Trust For Columbus And Franklin County.

Here are 24 key members and their salaries:

    Lark Mallory (President)
  • Compensation: $261,941
  • Related: $0
  • Other: $32,933

    • Matt Wootton (Director Of Lending)
  • Compensation: $159,552
  • Related: $0
  • Other: $10,669

    • Mary Ann Hopper (Cdfi Grants Administrator)
  • Compensation: $108,117
  • Related: $0
  • Other: $23,026

    • Brandie Hancock (Director Of Operations)
  • Compensation: $108,052
  • Related: $0
  • Other: $21,774

    • Stanley Uchida (Relationship/Fund Manager)
  • Compensation: $110,310
  • Related: $0
  • Other: $729

    • Robert Weiler (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ian Labitue (Vice Chair (As Of Dec 2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hal Keller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pastor Victor Davis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Faith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Santer (Trustee (Retired 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Wittmann (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sharon Young (Trustee (Retired 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Love (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Childs (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Lafayette Phd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jacquelin Lewis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jodelle Carder (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Keating (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joel Coleman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Autumn Glover (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lauren Hagan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandy Doyle-Ahern (Trustee (Started 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sean Grant (Trustee (Started 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hztrust.org

    Where can I find the form 990 for The Affordable Housing Trust For Columbus And Franklin County?

    The The Affordable Housing Trust For Columbus And Franklin County’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.hztrust.org

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

    Mission Statement of The Affordable Housing Trust For Columbus And Franklin County

    The Affordable Housing Trust for Columbus and Franklin County serves as a catalyst for the production of affordable homes and apartments in their community. By investing in residential development and construction in older and overlooked areas, this organization is making a significant impact on the availability of affordable housing. Through their efficient and cost-effective use of resources, they encourage the development of home ownership near employment centers.

    The Affordable Housing Trust for Columbus and Franklin County is more than just an investor in affordable housing. They allocate their resources wisely to maximize the production of affordable homes and apartments. Their mission is to make a difference in the lives of those in need of affordable housing, ensuring that they have a stable and secure place to call home. By focusing on older and overlooked areas, they are revitalizing communities and creating opportunities for growth and development.

    This organization's commitment to affordable housing extends beyond just building homes. They are dedicated to making a real difference in the lives of individuals and families by providing them with the opportunity to own a home near their place of employment. In doing so, they help to break the cycle of poverty and create sustainable, thriving communities.

    Overall, The Affordable Housing Trust for Columbus and Franklin County is an essential partner in the effort to address the affordable housing crisis in their community. Their innovative approach to investing in affordable housing development and their dedication to making a difference in people's lives sets them apart as a leader in this important cause.

    Impact

    This information is meant to be a general summary of The Affordable Housing Trust For Columbus And Franklin County. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Affordable Housing Trust For Columbus And Franklin County plays a vital role in increasing the availability of affordable housing in Columbus and Franklin County. By serving as a catalyst for the production of affordable homes and apartments, encouraging home ownership near employment centers, and investing in residential development in older and overlooked areas, the Trust helps address the pressing need for affordable housing in the region. With program-related obligations totaling $84.4 million in 2022 and the creation or preservation of 949 housing units, the Trust's impact is significant in providing stable and affordable housing options for individuals and families in the community.





    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: $351,976
  • Program Service Revenue: $3,118,245
  • Gross Receipts: $13,844,835

    • Assets and Liabilities:
  • Total Assets: $122,419,239
  • Total Liabilities: $25,364,435
  • Net Assets: $97,054,804
  • Programs

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

    INTEREST ON NOTES RECEIVABLE

    Revenue

    $2,777,820

    LOAN FEES

    Revenue

    $240,425

    MANAGEMENT INCOME

    Revenue

    $100,000

    Organization Details

    Founding Year

    2000

    Principal Officer

    Lark Mallory

    Main Address

    175 SOUTH THIRD ST 1250, COLUMBUS, OH, 43215

    NTEE Category

    Code: L20 - Housing

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