Overview
What is Foundation For Affordable Housing Inc?
The Foundation For Affordable Housing Inc, situated in downtown Lexington, Kentucky, is a dedicated nonprofit organization. Its primary mission is to establish and maintain affordable housing for low and moderate-income families and veterans. The foundation provides a sanctuary, ensuring safety and affordability for the working homeless and recovering veterans. The organization's goal is to create comfortable, high-quality, and affordable homes, catering to individuals with very low to moderate incomes. With a small yet dedicated workforce of one individual, the Foundation For Affordable Housing Inc is committed to making a positive impact in the community.
Is Foundation For Affordable Housing Inc legitimate?
Foundation For Affordable Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Affordable Housing 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,067
For more financial information, click here
What is the mission statement of Foundation For Affordable Housing Inc?
The Foundation for Affordable Housing Inc., as a non-profit organization, is committed to providing a mission that focuses on creating safe, comfortable, high-quality, and affordable homes for individuals with very low to moderate income. Their primary goal is to establish and maintain affordable housing, catering specifically to families and veterans who fall under this income bracket. The organization's mission is geared towards addressing the housing needs of those who may be struggling financially, offering them a secure and affordable living environment.
Who is the CEO of Foundation For Affordable Housing Inc?
Phillip N Gray is the President And Director of Foundation For Affordable Housing Inc.
What is the revenue of Foundation For Affordable Housing Inc?
Foundation For Affordable Housing Inc's revenue in 2022 was $787,184.
Who are the executives of Foundation For Affordable Housing Inc and what are their salaries?
The average compensation at Foundation For Affordable Housing Inc during 2022 was $11,067. There are 1 employees at Foundation For Affordable Housing Inc.
Here are 10 key members and their salaries:
- Phillip N Gray (President And Director)
- David W Richard (Treasurer And Director)
- Ted Tudor (Director)
- Jonathan Edwards (Chair And Director)
- Elizabeth L Gray (Secretary And Director)
- Paul Warner (Director)
- Carolyn Richart (Director)
- Pamela Johnson Walker (Vice-Chair And Director)
- William Embry Iii (Director)
- Sherri Ball (Director)
Where can I find the form 990 for Foundation For Affordable Housing Inc?
The Foundation For Affordable Housing Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Foundation For Affordable Housing Inc
The Foundation for Affordable Housing Inc, a non-profit organization, is dedicated to creating safe, comfortable, and high-quality affordable housing solutions for individuals and families falling under the very low to moderate income bracket. The organization's primary mission is to establish and maintain such housing, providing a viable living solution for those who may otherwise struggle with housing affordability. By offering affordable housing, the Foundation for Affordable Housing Inc aims to contribute positively to the lives of its residents, helping them secure a stable and secure living environment.
Impact
This information is meant to be a general summary of Foundation For Affordable Housing Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Foundation For Affordable Housing Inc's impact can be seen in the significant positive change it brings to the lives of the working homeless and recovering homeless veterans in downtown Lexington, Kentucky. By providing safe, clean, and affordable housing, this organization plays a vital role in offering a stable environment for those in need. Through its mission to create safe, comfortable, and high-quality homes for very low to moderate-income individuals and veterans, Foundation For Affordable Housing Inc contributes to the well-being and stability of the community.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEE INCOME
Revenue
$11,675
LAND LEASE INCOME
Revenue
$7,602
TENANT ACTIVITY INCOME
Revenue
$3,824
Organization Details
Founding Year
1988
Phone
(859) 368-0482
Principal Officer
Phillip N Gray
Main Address
169 DEWEESE STREET, LEXINGTON, KY, 40507
NTEE Category
Code: L80 - Housing
If you are a representative of Foundation For Affordable Housing Inc 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.