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Foundation For Affordable Housing Inc

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

EIN: 330327936 ✦ Bend, OR ✦ Designated as a 501(c)(3)

Overview

What is Foundation For Affordable Housing Inc?

The Foundation For Affordable Housing Inc, based in Bend, Oregon, is a dedicated nonprofit organization. Their mission is to create safe, comfortable, and high-quality, affordable homes for very-low income senior citizens. With a focus on financial and environmental sustainability, they have successfully provided 1,571 housing units. Their purpose goes beyond just constructing homes; they strive to uplift the lives of their residents and enhance the surrounding neighborhoods. The organization, with a small team of one employee, is committed to building sustainable communities that provide affordable housing solutions for those in need.


Official website here: www.ffah.org

Is Foundation For Affordable Housing Inc legitimate?

Foundation For Affordable Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Affordable Housing 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: $597,967
Professional Fundraising Fees: $0
Other Salaries and Wages: $861,756

For more financial information, click here


Official website here: www.ffah.org

What is the mission statement of Foundation For Affordable Housing Inc?

The Foundation For Affordable Housing Inc is dedicated to creating safe, comfortable, and high-quality homes for very-low income senior citizens. Their mission is to uplift the lives of their residents and enhance the surrounding neighborhoods. The organization emphasizes the financial and environmental sustainability of each residential community, enabling them to build affordable homes for those in need. To date, they have provided 1,571 units of safe and affordable housing for low-income seniors.


Official website here: www.ffah.org

Who is the CEO of Foundation For Affordable Housing Inc?

Tarun Chandran is the President/Director/Voting of Foundation For Affordable Housing Inc.


Official website here: www.ffah.org

What is the revenue of Foundation For Affordable Housing Inc?

Foundation For Affordable Housing Inc's revenue in 2022 was $17,799,615.


Official website here: www.ffah.org

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

The average compensation at Foundation For Affordable Housing Inc during 2022 was $1,459,723. There are 1 employees at Foundation For Affordable Housing Inc.

Here are 10 key members and their salaries:

    Deborrah Willard (Secretary/Treasurer/Voting)
  • Compensation: $0
  • Related: $3,098,288
  • Other: $105,225

    • Darrin Willard (President/Director/Voting)
  • Compensation: $623,615
  • Related: $0
  • Other: $73,819

    • Tarun Chandran (General Counsel & Assistant Secretary)
  • Compensation: $0
  • Related: $556,325
  • Other: $46,463

    • Thomas Willard (Director)
  • Compensation: $0
  • Related: $369,144
  • Other: $77,445

    • Melissa Vincent (Senior Vice President)
  • Compensation: $0
  • Related: $329,064
  • Other: $45,978

    • Jason Acosta (Former Vice President)
  • Compensation: $0
  • Related: $117,017
  • Other: $14,096

    • Mike Ristow (Director)
  • Compensation: $600
  • Related: $34,200
  • Other: $0

    • Shige Itoh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Tim Hose (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ffah.org

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

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


    Official website here: www.ffah.org

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

    Mission Statement of Foundation For Affordable Housing Inc

    The Foundation For Affordable Housing Inc is dedicated to crafting safe, comfortable, and high-quality homes for very-low income senior citizens. Their ultimate goal is to not only uplift the lives of their residents but also enhance the surrounding neighborhoods. With a strong focus on financial and environmental sustainability, this organization strives to create affordable housing solutions that cater to those in need.

    Through their unwavering commitment, the Foundation For Affordable Housing Inc has provided a total of 1,571 units of safe and affordable housing for low-income senior citizens. These homes serve as more than just shelters, offering a sense of security and comfort for their residents. The organization's mission extends beyond bricks and mortar, as they believe in fostering vibrant, sustainable communities where their residents can thrive.

    The Foundation For Affordable Housing Inc takes pride in ensuring the financial sustainability of each of their residential communities. Their efforts in this area allow them to consistently build and provide affordable housing solutions that cater to the most vulnerable members of society. The organization's dedication to their cause is evident in the high-quality homes they create, which provide a dignified living environment for their senior residents.

    Impact

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




    Thursday, August 15, 2024

    Foundation For Affordable Housing Inc has made a significant impact by providing 1,571 units of safe and affordable housing for low-income senior citizens in Bend, Oregon. Their mission is to create safe, comfortable, high-quality homes that uplift the lives of their residents and enhance the surrounding neighborhoods. By focusing on financial and environmental sustainability, they are able to build comfortable, affordable homes for those who need them most. Their dedication to creating affordable housing for very-low income senior citizens has improved the quality of life for many 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: $6,407,848
  • Program Service Revenue: $8,243,990
  • Gross Receipts: $17,852,989

    • Assets and Liabilities:
  • Total Assets: $35,963,703
  • Total Liabilities: $20,748,119
  • Net Assets: $15,215,584
  • Programs

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

    RENTAL INCOME

    Revenue

    $8,009,612

    OTHER INCOME

    Revenue

    $666,163

    PARTNERSHIP MANAGEMENT FEE

    Revenue

    $91,483

    DEVELOPER FEE

    Revenue

    $50,000

    PARTNERSHIP INCOME/LOSS

    Revenue

    $-573,268

    Organization Details

    Founding Year

    1988

    Principal Officer

    Tarun Chandran

    Main Address

    69 NW NEWPORT AVE 200, BEND, OR, 97703

    NTEE Category

    Code: L220 - Housing

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