nonprofit logo

Affordable Housing Of North Texas

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

EIN: 843770383 ✦ Springtown, TX ✦ Designated as a 501(c)(3)

Overview

What is Affordable Housing Of North Texas?

Affordable Housing of North Texas, located in Springtown, Texas, is a dedicated nonprofit organization with a mission to provide housing for the elderly. Operating in Parker County, they specialize in the rental of apartment units, as well as managing and constructing housing units. With a team of five dedicated individuals, they are committed to making a positive impact in their community by ensuring the availability of affordable housing options for the elderly population in North Texas.


Is Affordable Housing Of North Texas legitimate?

Affordable Housing Of North Texas is a legitimate nonprofit organization registered as a 501(c)(3) entity. Affordable Housing Of North Texas 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: $105,353
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Affordable Housing Of North Texas?
Who is the CEO of Affordable Housing Of North Texas?
What is the revenue of Affordable Housing Of North Texas?
Who are the executives of Affordable Housing Of North Texas and what are their salaries?
Where can I find the form 990 for Affordable Housing Of North Texas?

Mission Statement of Affordable Housing Of North Texas

Affordable Housing Of North Texas, as its name suggests, is committed to providing housing solutions for the elderly population. More specifically, its mission extends beyond North Texas as a whole and is focused on serving the elderly residing in Parker County. This nonprofit organization engages in various activities, including the rental of apartment units, the management of existing housing, and the construction of new housing units, all with the aim of catering to the housing needs of the elderly community. By providing housing solutions, Affordable Housing Of North Texas contributes to ensuring that the elderly in Parker County can live with dignity and independence, regardless of their financial circumstances.

Impact

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




Wednesday, July 24, 2024

Affordable Housing of North Texas makes a significant impact by providing housing to the elderly in Parker and Wise counties in Texas. Their focus on rental of apartment units, management, and construction of housing helps fulfill the critical need for affordable and safe housing for the elderly population in the region. This not only addresses a pressing societal issue but also improves the quality of life for seniors who may struggle to find suitable housing options.





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: $1,302
  • Program Service Revenue: $699,955
  • Gross Receipts: $701,257

    • Assets and Liabilities:
  • Total Assets: $2,396,338
  • Total Liabilities: $2,240,548
  • Net Assets: $155,790
  • Programs

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

    RENTAL REVENUE

    Revenue

    $620,302

    PARTNERSHIP INCOME

    Revenue

    $67,187

    MANAGEMENT FEES

    Revenue

    $12,466

    Organization Details

    Founding Year

    2019

    Principal Officer

    Mike Swan

    Main Address

    101 SWAN COURT, SPRINGTOWN, TX, 76082

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Affordable Housing Of North Texas 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.