nonprofit logo

Denton Affordable Housing Corporation

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

EIN: 752512388 ✦ Denton, TX ✦ Designated as a 501(c)(3)

Overview

What is Denton Affordable Housing Corporation?

Denton Affordable Housing Corporation is a nonprofit organization situated in Denton, Texas. Their primary mission is to expand the availability of affordable housing in the area, catering to various populations such as first-time homebuyers, individuals with disabilities, low-moderate income families, and homeless families with children. They achieve this by engaging in a range of activities, including acquisition, renovation, construction, promotion, financing, development, management, and operation of both rental and owner-occupied housing units. To offer additional support, they collaborate with various non-profit organizations to provide necessary services to their tenants, primarily those with special needs and homeless families. Their portfolio includes affordable residential rental properties, primarily leased to these targeted groups. As of the provided information, they have a staff of 4 individuals.


Official website here: www.dentonaffordablehousing.org

Is Denton Affordable Housing Corporation legitimate?

Denton Affordable Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Denton Affordable Housing 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: $223,821

For more financial information, click here


Official website here: www.dentonaffordablehousing.org

What is the mission statement of Denton Affordable Housing Corporation?

The Denton Affordable Housing Corporation's mission is centered around increasing the availability of affordable housing in various forms. This includes acquiring, renovating, constructing, and managing both rental and owner-occupied properties. The corporation's primary focus is on supporting individuals with limited financial means, particularly first-time homebuyers, individuals with disabilities, low-moderate income families, and homeless families with children. As a Community Housing Development Organization, the corporation also plays a role in promoting, financing, and operating housing initiatives, thereby contributing to the overall improvement of housing conditions in the targeted population.


Official website here: www.dentonaffordablehousing.org

Who is the CEO of Denton Affordable Housing Corporation?

Jacob Moses is the Vice President of Denton Affordable Housing Corporation.


Official website here: www.dentonaffordablehousing.org

What is the revenue of Denton Affordable Housing Corporation?

Denton Affordable Housing Corporation's revenue in 2022 was $959,680.


Official website here: www.dentonaffordablehousing.org

Who are the executives of Denton Affordable Housing Corporation and what are their salaries?

The average compensation at Denton Affordable Housing Corporation during 2022 was $55,955. There are 4 employees at Denton Affordable Housing Corporation.

Here are 9 key members and their salaries:

    Parker Sams (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ceceila Pat Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Clint West (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Abasolo (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Isaiah Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lauren Fischer (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wyatt Covarrubias (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Miles Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.dentonaffordablehousing.org

    Where can I find the form 990 for Denton Affordable Housing Corporation?

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


    Official website here: www.dentonaffordablehousing.org

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

    Mission Statement of Denton Affordable Housing Corporation

    Denton Affordable Housing Corporation (DAHC) is committed to increasing the supply of affordable housing in various forms within its jurisdiction. This nonprofit organization undertakes activities such as acquisition, renovation, construction, development, management, operation, and maintenance of both rental and owner-occupied housing. Its primary focus is on providing housing for individuals with limited financial means, including disabled individuals, homeless individuals, and families with children. Additionally, DAHC targets first-time homebuyers and low- to moderate-income families. As a certified Community Housing Development Organization, DAHC promotes, finances, develops, manages, and operates rental housing and homes for first-time homebuyers, aiming to make housing more accessible for these populations.

    Impact

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




    Saturday, July 20, 2024

    Denton Affordable Housing Corporation's impact is evident in the increased supply of affordable housing in the Denton area. Through their activities such as acquisition, renovation, construction, and management of rental and owner-occupied housing, they have provided housing opportunities for disabled individuals and homeless individuals with limited financial means. Additionally, their property management services cater to very low-income special needs tenants, including persons with disabilities and homeless families with children, ensuring these vulnerable populations have a stable place to call home. Overall, Denton Affordable Housing Corporation's efforts contribute to addressing the housing needs of first-time homebuyers, persons with disabilities, low to moderate-income families, and homeless families with children in the Denton 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: $73
  • Program Service Revenue: $790,861
  • Gross Receipts: $959,680

    • Assets and Liabilities:
  • Total Assets: $4,539,728
  • Total Liabilities: $3,275,383
  • Net Assets: $1,264,345
  • Programs

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

    RENTAL REVENUE

    Revenue

    $790,861

    Organization Details

    Founding Year

    1995

    Principal Officer

    Jacob Moses

    Main Address

    1104 DALLAS DRIVE SUITE 229, DENTON, TX, 76205

    NTEE Category

    Code: L25Z - Housing

    If you are a representative of Denton Affordable Housing 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.