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The Housing Fund

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

EIN: 621632388 ✦ Madison, TN ✦ Designated as a 501(c)(3)

Overview

What is The Housing Fund?

The Housing Fund is a nonprofit organization situated in Madison, Tennessee. Their primary mission is to provide resources that aid in creating and preserving affordable and healthy living spaces for low- to moderate-income individuals and communities. In the fiscal year 2021, they initiated the Housing Resilience Fund to assist homeowners and later expanded it to help landlords to prevent property tax increases from impacting low- and moderate-income tenants. In its inaugural year, the fund supported 464 households in Davidson County with $279,758 in disbursements and committed additional funds for the next four years. As of FY22, the fund has supported 32 landlords and 593 individuals by offsetting property taxes on 332 rental units. The Housing Fund offers low-interest loans to individuals, families, and developers for acquiring, creating, and maintaining affordable and healthy homes and communities.


Official website here: www.thehousingfund.org

Is The Housing Fund legitimate?

The Housing Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Housing Fund 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: $0

For more financial information, click here


Official website here: www.thehousingfund.org

What is the mission statement of The Housing Fund?

The Housing Fund's mission is to provide resources and creative leadership, supporting low and moderate income individuals and communities in creating and maintaining affordable and healthy living spaces. They accomplish this by offering low-interest housing, development, and community development loans to individuals, families, and developers. These loans aid in acquiring, creating, and maintaining affordable and healthy homes and communities.


Official website here: www.thehousingfund.org

Who is the CEO of The Housing Fund?

Marshall E Crawford Jr is the Board Chair of The Housing Fund. The CEO's salary of The Housing Fund is $225,659 and their total compensation is $244,034.


Official website here: www.thehousingfund.org

What is the revenue of The Housing Fund?

The Housing Fund's revenue in 2022 was $5,575,693.


Official website here: www.thehousingfund.org

Who are the executives of The Housing Fund and what are their salaries?

Here are 20 key members and their salaries (The Housing Fund's CEO's salary is $225,659 and their total compensation is $244,034):

    Marshall Crawford (President/Ceo)
  • Compensation: $225,659
  • Related: $0
  • Other: $18,375

    • David Parrish (Chief Financial Officer)
  • Compensation: $137,276
  • Related: $0
  • Other: $24,795

    • Angela Belcher (Evp & Coo)
  • Compensation: $103,397
  • Related: $0
  • Other: $23,460

    • Terry Woodall (Director Of Credit Administration)
  • Compensation: $101,393
  • Related: $0
  • Other: $3,600

    • Philip Mccutchan (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alberto Arechiga (Board Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ashley Propst (Board Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doug Lesky (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rodrick Butler (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ron Crutcher (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lorrie Shearon (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessica Leveen Farr (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Frazee (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Derrick Williams (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith Miles (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kim Hollingshead (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Latrisha Jemison (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Miguel Vega (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Warren (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ben Johnson (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.thehousingfund.org

    Where can I find the form 990 for The Housing Fund?

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


    Official website here: www.thehousingfund.org

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

    Mission Statement of The Housing Fund

    The Housing Fund is an organization committed to providing resources and innovative leadership to aid low and moderate income individuals and communities in creating and maintaining affordable and healthy living spaces. By offering low-interest housing, development, and community development loans to individuals, families, and developers, The Housing Fund assists in the acquisition, creation, and maintenance of affordable and healthy homes and communities. This nonprofit organization's mission is crucial in ensuring that individuals and communities have access to secure and healthy living environments, thereby contributing to improved overall quality of life.

    Impact

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




    Saturday, July 20, 2024

    The Housing Fund's impact is significant in providing resources and creative leadership to help low and moderate-income individuals and communities create and maintain affordable and healthy places to live. Specifically, through initiatives like the Housing Resiliency Fund, they have been able to support hundreds of households in Davidson County, Nashville. By offsetting property tax increases for homeowners and landlords, The Housing Fund has helped preserve affordability for existing residents, ensuring that they can continue to reside in their homes and rentals. This support not only benefits the individuals and families directly assisted but also contributes to the overall stability and well-being 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: $25,091
  • Program Service Revenue: $1,340,909
  • Gross Receipts: $5,575,693

    • Assets and Liabilities:
  • Total Assets: $39,854,411
  • Total Liabilities: $25,171,095
  • Net Assets: $14,683,316
  • Programs

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

    DEVELOPMENT LOANS INTE

    Revenue

    $581,174

    SERVICE FEES & MISC

    Revenue

    $360,545

    DOWNPAYMENT ASSISTANCE

    Revenue

    $302,954

    RENTAL INCOME

    Revenue

    $83,853

    FLOOD ASSISTANCE LOAN

    Revenue

    $12,383

    Organization Details

    Founding Year

    1996

    Principal Officer

    Marshall E Crawford Jr

    Main Address

    PO BOX 657, MADISON, TN, 37116

    NTEE Category

    Code: L20 - Housing

    If you are a representative of The Housing Fund 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.