Key Boulevard Housing Development Corporation

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

EIN: 541251222 ✦ Arlington, VA ✦ Designated as a 501(c)(3)

Overview

What is Key Boulevard Housing Development Corporation?

Key Boulevard Housing Development Corporation is a nonprofit organization situated in Arlington, Virginia, specifically at 2230 North Fairfax Drive 100. Their primary mission is to provide decent, safe, and affordable housing for individuals with low income. In their operations, they manage both market-rate apartments with no income requirements and affordable housing units, available for individuals earning up to 60% of the area median income. In 2021, a modest renovation was carried out, which included adding 5 additional units to their building. Their services encompass eviction prevention and rental assistance, as well as provision of groceries and food distribution for their residents.


Official website here: www.ahcinc.org

Is Key Boulevard Housing Development Corporation legitimate?

Key Boulevard Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Key Boulevard Housing Development 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: $64,297

For more financial information, click here


Official website here: www.ahcinc.org

What is the mission statement of Key Boulevard Housing Development Corporation?

The Key Boulevard Housing Development Corporation's mission is centered around assisting in the provision of decent, safe, and affordable housing for individuals with low income. This non-profit organization operates to ensure that affordable housing units are accessible, catering to individuals whose income does not exceed 60% of the area median income. In 2021, the corporation underwent a modest renovation, adding five additional units to its building. The corporation offers various resident services, including eviction prevention, rental assistance, and grocery and food distribution, to support its residents.


Official website here: www.ahcinc.org

Who is the CEO of Key Boulevard Housing Development Corporation?

Paul Bernard is the President of Key Boulevard Housing Development Corporation.


Official website here: www.ahcinc.org

What is the revenue of Key Boulevard Housing Development Corporation?

Key Boulevard Housing Development Corporation's revenue in 2022 was $750,768.


Official website here: www.ahcinc.org

Who are the executives of Key Boulevard Housing Development Corporation and what are their salaries?

Here are 7 key members and their salaries:

    Steve Yeatman (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $275,734
  • Other: $27,363

    • Alan Goldstein (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $258,482
  • Other: $34,227

    • Paul Bernard (President) [Trustee/Director]
  • Compensation: $0
  • Related: $224,463
  • Other: $9,516

    • John Welsh (Secretary Until 7/22) [Trustee/Director]
  • Compensation: $0
  • Related: $206,692
  • Other: $21,809

    • Jennifer Endo (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $191,624
  • Other: $30,003

    • Stephen Smith (Sr. Vice President Until 6/22) [Trustee/Director]
  • Compensation: $0
  • Related: $220,882
  • Other: $180

    • Susan Cunningham (President Until 6/22) [Trustee/Director]
  • Compensation: $0
  • Related: $136,529
  • Other: $7,164


  • Official website here: www.ahcinc.org

    Where can I find the form 990 for Key Boulevard Housing Development Corporation?

    The Key Boulevard Housing Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ahcinc.org

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

    Mission Statement of Key Boulevard Housing Development Corporation

    Key Boulevard Housing Development Corporation is an organization committed to assisting in the operations of decent, safe, and affordable housing for low-income individuals. In essence, their mission is to provide a home for those who might not otherwise have access to such living conditions due to financial constraints. The corporation operates a mix of market-rate apartments with no income qualifications and affordable apartments, which are available to individuals earning up to 60% of the area median income. In the year 2021, the corporation underwent a modest renovation, expanding its facilities by adding five new units to the building.

    Beyond providing housing, Key Boulevard Housing Development Corporation also offers resident services to its tenants. These services include eviction prevention and rental assistance, as well as grocery and food distribution. By offering these additional services, the corporation seeks to support its residents in maintaining their housing and ensuring they have access to basic necessities. This holistic approach to housing and support is a testament to Key Boulevard Housing Development Corporation's dedication to improving the lives of low-income individuals.

    Impact

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




    Saturday, July 20, 2024

    Key Boulevard Housing Development Corporation provides essential support to low-income individuals by offering safe and affordable housing options in Arlington, Virginia. Through its operations, Key Boulevard Housing Development Corporation ensures that those in need have access to decent housing, eviction prevention services, rental assistance, and even food distribution. This nonprofit organization plays a crucial role in addressing the housing challenges faced by low-income residents, ultimately contributing to the well-being and stability of 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: $0
  • Program Service Revenue: $750,768
  • Gross Receipts: $750,768

    • Assets and Liabilities:
  • Total Assets: $3,492,815
  • Total Liabilities: $2,860,938
  • Net Assets: $631,877
  • Programs

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

    RENTAL INCOME

    Revenue

    $740,843

    OTHER INCOME

    Revenue

    $8,357

    LAUNDRY INCOME

    Revenue

    $1,568

    Organization Details

    Founding Year

    1983

    Principal Officer

    Paul Bernard

    Main Address

    2230 NORTH FAIRFAX DRIVE 100, ARLINGTON, VA, 22201

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Key Boulevard Housing Development 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.