nonprofit logo

Aofhouston Affordable Housing Corp

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

EIN: 582484113 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

Overview

What is Aofhouston Affordable Housing Corp?

Aofhouston Affordable Housing Corp is a 501(c)(3) nonprofit organization, primarily based in Texas. Their mission is to provide high-quality, affordable housing for moderate to low-income households and the elderly. They achieve this by acquiring and operating apartment complexes, leasing them to eligible residents who meet specific financial requirements. The corporation's activities encompass acquiring and rehabilitating properties to accommodate low-income, elderly, and/or mentally or physically disabled individuals or families. Their focus on affordable housing contributes positively to the community, ensuring accessibility for those who may otherwise struggle to secure suitable housing.


Is Aofhouston Affordable Housing Corp legitimate?

Aofhouston Affordable Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aofhouston Affordable Housing Corp 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: $553,914

For more financial information, click here


What is the mission statement of Aofhouston Affordable Housing Corp?
Who is the CEO of Aofhouston Affordable Housing Corp?
What is the revenue of Aofhouston Affordable Housing Corp?
Who are the executives of Aofhouston Affordable Housing Corp and what are their salaries?
Where can I find the form 990 for Aofhouston Affordable Housing Corp?

Mission Statement of Aofhouston Affordable Housing Corp

Aofhouston Affordable Housing Corp, a 501(c)(3) non-profit organization, is dedicated to providing high-quality, affordable housing for moderate to low-income households and the elderly. Their mission primarily involves acquiring and operating apartment complexes, leasing units to residents who meet specific financial requirements. This non-profit corporation is organized with the intent to accommodate low-income, elderly, and/or mentally or physically disabled individuals or families, ensuring they have a suitable place to call home. By operating two such apartment complexes, Aofhouston Affordable Housing Corp. contributes significantly to the housing needs of these vulnerable communities, offering them a secure and affordable living space.

Impact

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




Saturday, July 20, 2024

Aofhouston Affordable Housing Corp's impact can be seen in its dedication to providing high-quality, affordable housing for moderate to low-income households and the elderly in Texas. By acquiring and operating apartment complexes that lease to residents meeting specific financial requirements, the organization plays a crucial role in addressing the housing needs of vulnerable populations. The operation of two apartment complexes for low-income and/or mentally or physically disabled persons or families in Atlanta, GA, showcases Aofhouston Affordable Housing Corp's commitment to improving access to safe and stable housing 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 2021.

  • Investment Income: $5,136
  • Program Service Revenue: $5,662,022
  • Gross Receipts: $5,667,158

    • Assets and Liabilities:
  • Total Assets: $34,585,201
  • Total Liabilities: $44,787,948
  • Net Assets: -$10,202,747
  • Programs

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

    RENTAL INCOME

    Revenue

    $5,660,603

    LAUNDRY AND VENDING

    Revenue

    $1,419

    Organization Details

    Founding Year

    1999

    Principal Officer

    Philip J Kennedy

    Main Address

    1000 PARKWOOD CIRCLE SE NO 320, ATLANTA, GA, 30339

    NTEE Category

    Code: L200 - Housing

    If you are a representative of Aofhouston Affordable Housing Corp 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.