American Foundation For Affordable Housinginc

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

EIN: 541660503 ✦ Williamsburg, VA ✦ Designated as a 501(c)(3)

Overview

What is American Foundation For Affordable Housinginc?

The American Foundation for Affordable Housinginc is a nonprofit organization, serving as the parent entity to affiliates, with a mission to offer affordable housing solutions for the elderly and economically disadvantaged residents within their communities. Based in Williamsburg, Virginia, they employ a modest workforce of one individual, dedicated to fulfilling this crucial mission. By providing affordable housing, this organization aims to enhance the living conditions and overall well-being of those in need.


Is American Foundation For Affordable Housinginc legitimate?

American Foundation For Affordable Housinginc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Foundation For Affordable Housinginc 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: $136,760
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of American Foundation For Affordable Housinginc?
Who is the CEO of American Foundation For Affordable Housinginc?
What is the revenue of American Foundation For Affordable Housinginc?
Who are the executives of American Foundation For Affordable Housinginc and what are their salaries?
Where can I find the form 990 for American Foundation For Affordable Housinginc?

Mission Statement of American Foundation For Affordable Housinginc

The American Foundation for Affordable Housinginc is an organization that serves as the parent body to various affiliates. Its mission, in essence, is centrally focused on providing affordable housing solutions for the elderly and economically disadvantaged individuals within our communities. This nonprofit organization fosters the establishment and operation of affiliates that share this same mission, aiming to make housing a basic right rather than a privilege for those in need. By doing so, the American Foundation for Affordable Housinginc plays a crucial role in ensuring that vulnerable populations can live with dignity and security, regardless of their financial circumstances.

Impact

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




Saturday, July 20, 2024

American Foundation for Affordable Housing Inc's impact lies in providing affordable housing to the poor and elderly within communities. Through its affiliates, the organization works to address the critical need for accessible housing options for these vulnerable populations. The mission of the organization focuses on ensuring that those in need have a safe and stable place to call home, contributing to improved quality of life and well-being for individuals who may otherwise struggle to find suitable housing options. By championing affordable housing initiatives, the organization plays a vital role in addressing housing challenges faced by low-income individuals and seniors in society.





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: $956,993
  • Gross Receipts: $956,993

    • Assets and Liabilities:
  • Total Assets: $8,511,979
  • Total Liabilities: $144,763
  • Net Assets: $8,367,216
  • Programs

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

    INCOME FROM KINGSPORT DEVELOP

    Revenue

    $610,015

    INTEREST INCOME - WALNUT

    Revenue

    $183,709

    INTEREST INCOME - MCAP II

    Revenue

    $136,080

    INTEREST LOAN - MCAP ADVISERS

    Revenue

    $27,189

    Organization Details

    Founding Year

    1999

    Principal Officer

    Norman B Gold

    Main Address

    2084 HORNES LAKE ROAD, WILLIAMSBURG, VA, 23185

    NTEE Category

    Code: L22 - Housing

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