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Bernalillo County Affordable Housing Non-Profit

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

EIN: 815458014 ✦ Albuquerque, NM ✦ Designated as a 501(c)(3)

Overview

What is Bernalillo County Affordable Housing Non-Profit?

Bernalillo County Affordable Housing Non-Profit is a dedicated organization working towards the betterment of society by alleviating governmental responsibilities. They strive to improve civic conditions and social welfare by offering affordable housing to low-income, very low-income, disabled, and elderly community members. The non-profit has achieved significant success by transitioning 75 senior and disabled multifamily units into the Department of Housing and Urban Development's Rental Assistance Demonstration (RAD) program, providing them with essential housing support.


Is Bernalillo County Affordable Housing Non-Profit legitimate?

Bernalillo County Affordable Housing Non-Profit is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bernalillo County Affordable Housing Non-Profit 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


What is the mission statement of Bernalillo County Affordable Housing Non-Profit?
Who is the CEO of Bernalillo County Affordable Housing Non-Profit?
What is the revenue of Bernalillo County Affordable Housing Non-Profit?
Who are the executives of Bernalillo County Affordable Housing Non-Profit and what are their salaries?
Where can I find the form 990 for Bernalillo County Affordable Housing Non-Profit?

Mission Statement of Bernalillo County Affordable Housing Non-Profit

Bernalillo County Affordable Housing Non-Profit is committed to enhancing the well-being of society by focusing on the essential needs of low-income and very low-income individuals, as well as the disabled and elderly community members. This dedicated non-profit organization aims to contribute to the common good and alleviate some of the government's responsibilities by fostering civic improvements and social betterments through its primary mission: providing affordable housing.

In order to achieve this mission, Bernalillo County Affordable Housing Non-Profit has successfully leased 75 senior and disabled multifamily units and transformed them into the Department of Housing and Urban Development's Rental Assistance Demonstration (RAD) program. By doing so, the non-profit is able to offer affordable housing solutions to those who may otherwise struggle to secure safe and suitable living arrangements. This initiative reflects Bernalillo County Affordable Housing Non-Profit's unwavering commitment to improving the lives of its target population and promoting a more equitable and inclusive society.

Impact

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




Saturday, July 20, 2024

Bernalillo County Affordable Housing Non-Profit provides housing to low-income and very low-income, disabled, and elderly members of the community in Albuquerque, NM. Their impact is significant as they have successfully leased up 75 senior and disabled multifamily units and converted them to the Department of Housing and Urban Development's Rental Assistance Demonstration (RAD) program. This initiative helps lessen the burdens of government by promoting civic betterments and social improvements through affordable housing solutions.





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: $4,883
  • Program Service Revenue: $625,991
  • Gross Receipts: $716,427

    • Assets and Liabilities:
  • Total Assets: $2,070,736
  • Total Liabilities: $923,280
  • Net Assets: $1,147,456
  • Programs

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

    HUD SUBSIDIES

    Revenue

    $435,538

    TENANT INCOME

    Revenue

    $190,453

    Organization Details

    Founding Year

    2016

    Principal Officer

    Betty Valdez

    Main Address

    2400 WELLESLEY DR NE 100, ALBUQUERQUE, NM, 87107

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Bernalillo County Affordable Housing Non-Profit 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.