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Austin Affordable Housing Corporation

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

EIN: 412121187 ✦ Austin, TX ✦ Designated as a 501(c)(3)

Overview

What is Austin Affordable Housing Corporation?

The Austin Affordable Housing Corporation is a nonprofit organization situated in Austin, Texas, specifically at 1124 S IH 35 with a ZIP code of 78704. Their primary mission is to ensure and preserve quality, affordable housing opportunities for low- to moderate-income families within Austin. By offering a range of support services, such as educational and training programs, family counseling, and financial literacy initiatives, they promote the health and welfare of their residents. Furthermore, they provide assistance to first-time homebuyers through a down payment program for those living in public housing or the Housing Choice Voucher Program.


Official website here: www.aahcnet.org

Is Austin Affordable Housing Corporation legitimate?

Austin Affordable Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Austin Affordable Housing Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,835,172

For more financial information, click here


Official website here: www.aahcnet.org

What is the mission statement of Austin Affordable Housing Corporation?

The Austin Affordable Housing Corporation is dedicated to ensuring and preserving quality, affordable housing opportunities for low- to moderate-income families. This mission extends beyond providing housing, as the organization also offers financial literacy programs and homeownership opportunities. Through educational programs, training sessions, and family counseling, the corporation promotes the health and welfare of its residents. In addition, a down payment assistance program is available to first-time homebuyers who are enrolled in public housing or the Housing Choice Voucher Program. The goal is to empower families with the knowledge and resources they need to improve their living situations and build a solid financial foundation.


Official website here: www.aahcnet.org

Who is the CEO of Austin Affordable Housing Corporation?

Ron Kowal is the Vice Preside of Austin Affordable Housing Corporation.


Official website here: www.aahcnet.org

What is the revenue of Austin Affordable Housing Corporation?

Austin Affordable Housing Corporation's revenue in 2022 was $40,972,198.


Official website here: www.aahcnet.org

Who are the executives of Austin Affordable Housing Corporation and what are their salaries?

Here are 8 key members and their salaries:

    Ron Kowal (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $207,382
  • Other: $0

    • Mary Apostolou (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Bailey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edwina Carrington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Chen (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tyra Duncan-Hall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Gerber (President/Se) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carl Richie Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.aahcnet.org

    Where can I find the form 990 for Austin Affordable Housing Corporation?

    The Austin Affordable Housing Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.aahcnet.org

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

    Mission Statement of Austin Affordable Housing Corporation

    Austin Affordable Housing Corporation, a dedicated nonprofit organization, works tirelessly to ensure and preserve quality, affordable housing opportunities for low- to moderate-income families in their community. The cornerstone of their mission is to address the housing needs of this demographic, providing them with a stable foundation where they can thrive.

    Beyond offering affordable housing, Austin Affordable Housing Corporation is committed to empowering its residents through various means. They provide educational programs, training sessions, and family counseling to promote the health and welfare of their residents. These services are designed to foster self-sufficiency and improve the overall quality of life for those they serve.

    Additionally, Austin Affordable Housing Corporation offers a down payment assistance program for first-time homebuyers who are residents of public housing or the Housing Choice Voucher Program. This valuable initiative helps bridge the financial gap for those looking to make the transition from renting to homeownership. The organization's comprehensive approach to addressing the housing and financial needs of its residents sets it apart as a vital resource within the community.

    Impact

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




    Thursday, August 15, 2024

    Austin Affordable Housing Corporation's impact includes ensuring and preserving quality, affordable housing opportunities for low- to moderate-income families in Austin. Additionally, they provide financial literacy and homeownership opportunities to empower residents to achieve financial stability and self-sufficiency. Their social and human support services, such as educational programs, training programs, and family counseling, contribute to the health and welfare of the community. Furthermore, their down payment assistance program assists first-time homebuyers who are residents of public housing or the Housing Choice Voucher program, facilitating the transition to homeownership for those in need.





    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: $28,668
  • Program Service Revenue: $40,593,403
  • Gross Receipts: $40,972,198

    • Assets and Liabilities:
  • Total Assets: $189,492,836
  • Total Liabilities: $96,872,051
  • Net Assets: $92,620,785
  • Programs

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

    RENTAL AND OTHER INCOME

    Revenue

    $40,593,403

    Organization Details

    Founding Year

    2003

    Principal Officer

    Ron Kowal

    Main Address

    1124 S IH 35, AUSTIN, TX, 78704

    NTEE Category

    Code: L80 - Housing

    If you are a representative of Austin Affordable Housing Corporation 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.