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Foundation For Affordable Housing V Inc

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

EIN: 330839354 ✦ Bend, OR ✦ Designated as a 501(c)(3)

Overview

What is Foundation For Affordable Housing V Inc?

Foundation For Affordable Housing V Inc is a dedicated nonprofit organization situated in Bend, Oregon. Their primary mission is to provide safe and affordable housing units for low-income seniors and families. The organization is committed to creating comfortable, high-quality homes that positively impact the lives of its residents and contribute to the enhancement of surrounding neighborhoods. They prioritize the financial and environmental sustainability of each residential community, enabling them to construct affordable homes for those in need effectively. The nonprofit currently operates with a small team of one dedicated individual.


Official website here: www.ffah.org

Is Foundation For Affordable Housing V Inc legitimate?

Foundation For Affordable Housing V Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Affordable Housing V 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: $3,098,288
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ffah.org

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

The Foundation For Affordable Housing V Inc's mission is to create safe, comfortable, and high-quality homes that positively impact the lives of its residents and enhance the surrounding neighborhoods. The organization focuses on the financial and environmental sustainability of each residential community, enabling them to construct affordable homes for those in need. Their purpose is to provide safe and affordable housing units specifically for low-income seniors and families.


Official website here: www.ffah.org

Who is the CEO of Foundation For Affordable Housing V Inc?

Tarun Chandran is the President of Foundation For Affordable Housing V Inc.


Official website here: www.ffah.org

What is the revenue of Foundation For Affordable Housing V Inc?

Foundation For Affordable Housing V Inc's revenue in 2022 was $4,515,667.


Official website here: www.ffah.org

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

The average compensation at Foundation For Affordable Housing V Inc during 2022 was $3,098,288. There are 1 employees at Foundation For Affordable Housing V Inc.

Here are 9 key members and their salaries:

    Deborrah A Willard (President) [Trustee/Director]
  • Compensation: $3,098,288
  • Related: $0
  • Other: $105,225

    • Darrin Willard (Secretary/Treasurer)
  • Compensation: $0
  • Related: $623,615
  • Other: $73,819

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

    • 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

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

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

    • Nick Dobron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erica Teel (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 V Inc?

    The Foundation For Affordable Housing V 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 V Inc

    The Foundation for Affordable Housing V Inc is dedicated to a mission that aims to create safe, comfortable, and high-quality homes for those in need. This nonprofit organization prioritizes the financial and environmental sustainability of its residential communities, enabling it to construct comfortable and affordable housing units for low-income seniors and families. By focusing on these aspects, the Foundation for Affordable Housing V Inc uplifts the lives of its residents and contributes positively to the surrounding neighborhoods. In essence, their purpose is to provide a sense of security and improved living conditions for those who are financially disadvantaged, thereby enhancing the overall well-being of the community.

    Impact

    This information is meant to be a general summary of Foundation For Affordable Housing V 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 V Inc's impact lies in providing safe and affordable housing for low-income seniors and families. Through their efforts, they uplift the lives of residents and enhance surrounding neighborhoods by focusing on the financial and environmental sustainability of their residential communities. By building comfortable and affordable homes for those in need, they make a tangible difference in improving the quality of life for individuals and families who require assistance in securing suitable housing.





    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: $8,351
  • Program Service Revenue: $4,357,962
  • Gross Receipts: $4,515,667

    • Assets and Liabilities:
  • Total Assets: $8,717,002
  • Total Liabilities: $2,035,588
  • Net Assets: $6,681,414
  • Programs

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

    MANAGEMENT FEEES

    Revenue

    $3,899,680

    TRANSACTION FEES

    Revenue

    $372,556

    RENTAL INCOME

    Revenue

    $44,000

    DEVELOPER FEES

    Revenue

    $41,726

    Organization Details

    Founding Year

    1999

    Principal Officer

    Tarun Chandran

    Main Address

    69 NW NEWPORT AVE 200, BEND, OR, 97703

    NTEE Category

    Code: L20 - Housing

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