Overview
What is First Home Alliance Inc?
First Home Alliance Inc, situated in Woodbridge, Virginia, is a dedicated nonprofit organization. With a team of eight dedicated individuals, they offer a range of homebuyer education programs. Their primary focus is on financial literacy, introducing individuals to home ownership, and providing crucial assistance during foreclosure situations. Moreover, they offer loss mitigation services and one-on-one counseling to help homeowners navigate complex financial challenges. By offering these programs, First Home Alliance Inc aims to empower homebuyers and support them throughout the homeownership process.
Is First Home Alliance Inc legitimate?
First Home Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Home Alliance 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: $87,833
Professional Fundraising Fees: $0
Other Salaries and Wages: $240,812
For more financial information, click here
What is the mission statement of First Home Alliance Inc?
First Home Alliance Inc's mission is centered around providing educational programs aimed at promoting financial literacy and homeownership. Their activities encompass teaching individuals about homeownership, foreclosure prevention, and loss mitigation. The organization offers one-on-one counseling as well, ensuring a personalized approach to each homebuyer's needs. Through these initiatives, First Home Alliance Inc aims to assist numerous individuals in navigating the complexities of homeownership and preventing potential financial challenges.
Who is the CEO of First Home Alliance Inc?
Larry J Laws Sr is the Executive Director of First Home Alliance Inc.
What is the revenue of First Home Alliance Inc?
First Home Alliance Inc's revenue in 2022 was $646,062.
Who are the executives of First Home Alliance Inc and what are their salaries?
The average compensation at First Home Alliance Inc during 2022 was $41,081. There are 8 employees at First Home Alliance Inc.
Here are 7 key members and their salaries:
- Larry Laws (Executive Director)
- Donald Scoggins (Chairman Of The Board) [Trustee/Director]
- Duwan Cratch (Secretary) [Trustee/Director]
- Shauna Davey (Treasurer) [Trustee/Director]
- Thomas Hunt (Director)
- Lori Willis (Director)
- Netta Ayesh (Director)
Where can I find the form 990 for First Home Alliance Inc?
The First Home Alliance Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of First Home Alliance Inc
First Home Alliance Inc, as a nonprofit organization, is dedicated to providing homebuyer education programs. Their mission encompasses various aspects of financial literacy, introduction to home ownership, foreclosure prevention, and loss mitigation. Through one-on-one counseling, they aim to assist numerous homebuyers in navigating the complexities of home ownership and financial management. The organization's programs are designed to equip individuals with the necessary skills to avoid foreclosure and manage their home-related financial obligations effectively. By doing so, First Home Alliance Inc contributes to fostering financial stability and homeownership among its clients.
Impact
This information is meant to be a general summary of First Home Alliance Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Wednesday, July 24, 2024
First Home Alliance Inc has made a significant impact by providing crucial homebuyer education programs in financial literacy, introduction to home ownership, foreclosure prevention, loss mitigation, and one-on-one counseling. Through these programs, the organization has assisted hundreds of homebuyers in gaining the knowledge and skills necessary to navigate the complexities of purchasing a home and avoiding foreclosure. This has not only empowered individuals and families to make informed decisions about homeownership but has also helped to stabilize communities by promoting responsible and sustainable housing practices.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2002
Phone
(703) 580-8838
Principal Officer
Larry J Laws Sr
Main Address
3138 Golansky Blvd APT 202, Woodbridge, VA, 22192
NTEE Category
Code: L20 - Housing
If you are a representative of First Home Alliance 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.