Overview
What is Alexandria Housing Development Corporation?
The Alexandria Housing Development Corporation, also known as Housing Alexandria, is a nonprofit organization based in Alexandria, Virginia. With a team of 15 employees, their primary mission is to develop and preserve affordable housing within the city. In January 2020, they acquired and took over the management of Parkstone Alexandria Apartments, a 326-unit apartment complex. As the sole member and developer for AHDC PC DR, LLC, the organization owns and operates this property. Their main focus on affordable housing contributes positively to the Alexandria community.
Official website here: www.housingalexandria.org
Is Alexandria Housing Development Corporation legitimate?
Alexandria Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alexandria Housing Development 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: $263,269
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,864,316
For more financial information, click here
Official website here: www.housingalexandria.org
What is the mission statement of Alexandria Housing Development Corporation?
The Alexandria Housing Development Corporation is dedicated to the development and preservation of affordable housing. This non-profit organization's primary goal is to make a difference in people's lives by ensuring they have access to housing that fits their budget. The corporation has recently expanded its portfolio by acquiring Parkstone Alexandria Apartments, a 326-unit complex in Virginia. The organization's sole membership and development arm, AHDC PC DR, LLC, oversees the ownership and operation of this apartment complex. The Alexandria Housing Development Corporation remains committed to enhancing the community by providing affordable housing solutions.
Official website here: www.housingalexandria.org
Who is the CEO of Alexandria Housing Development Corporation?
Jonathan Frederick is the Chair of Alexandria Housing Development Corporation.
Official website here: www.housingalexandria.org
What is the revenue of Alexandria Housing Development Corporation?
Alexandria Housing Development Corporation's revenue in 2022 was $12,284,689.
Official website here: www.housingalexandria.org
Who are the executives of Alexandria Housing Development Corporation and what are their salaries?
The average compensation at Alexandria Housing Development Corporation during 2022 was $141,839. There are 15 employees and 10 volunteers at Alexandria Housing Development Corporation.
Here are 14 key members and their salaries:
- Jon Frederick (Executive Director)
- Aaron Remolona (Project Manager)
- Elisa Mondragon (Vp Of Operations)
- Kayla Hornbrook (Vp Of Community Relation)
- Daniel Abramson (Chair) [Trustee/Director]
- Robert Burns (Vice Chair) [Trustee/Director]
- Charles Pittman (Treasurer) [Trustee/Director]
- John Corrado (Secretary) [Trustee/Director]
- Catherine Pharis (Director)
- Michael Caison (Director)
- Megan Glasheen (Director)
- Alyson Miller (Director)
- Joe Resende (Director)
- Christina Stacy (Director)
Official website here: www.housingalexandria.org
Where can I find the form 990 for Alexandria Housing Development Corporation?
The Alexandria Housing Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.housingalexandria.org
Learn more at the official website: www.housingalexandria.org
Mission Statement of Alexandria Housing Development Corporation
Alexandria Housing Development Corporation (AHDC) is a nonprofit organization dedicated to the primary exempt purpose of developing and preserving affordable housing. The corporation's mission is geared towards making a significant impact in the community by ensuring the availability of affordable housing options for residents. Through its initiatives, AHDC strives to enhance the living conditions and provide stability for individuals and families who might not otherwise have access to affordable housing.
Recently, AHDC made headlines with the acquisition of Parkstone Alexandria Apartments on January 28, 2020. This 326-unit apartment complex, now under the ownership and operation of AHDC, is a testament to the organization's commitment to its mission. As the sole member and developer for AHDC PC DR, LLC, the organization is making strides in expanding its reach and providing more affordable housing solutions. The acquisition and management of this apartment complex underscore AHDC's role as a pivotal player in the development and preservation of affordable housing in the community.
Impact
This information is meant to be a general summary of Alexandria Housing Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Alexandria Housing Development Corporation's impact is evident through its acquisition and operation of Parkstone Alexandria Apartments in Alexandria, Virginia. By owning and operating this 326-unit apartment complex, the organization is directly contributing to the development and preservation of affordable housing in the city. Through its efforts, Alexandria Housing Development Corporation is playing a crucial role in ensuring that residents in Alexandria have access to affordable housing options, thereby making a positive impact on 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.
RENTAL REVENUE
Revenue
$9,607,235
TENANT CHARGES
Revenue
$1,296,087
MISCELLANEOUS REVENUE
Revenue
$309,238
PROGRAM INTEREST INCOM
Revenue
$230,058
PARKING
Revenue
$168,626
Organization Details
Founding Year
2004
Phone
(703) 739-7775
Principal Officer
Jonathan Frederick
Main Address
1201 E ABINGDON DRIVE 210, ALEXANDRIA, VA, 22314
Website
www.housingalexandria.org
NTEE Category
Code: L20 - Housing
If you are a representative of Alexandria Housing Development 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.