Greater Albuquerque Housing Partnership

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

EIN: 850412352 ✦ Albuquerque, NM ✦ Designated as a 501(c)(3)

Overview

What is Greater Albuquerque Housing Partnership?

The Greater Albuquerque Housing Partnership (GAHP) is a dedicated nonprofit organization based in Albuquerque, New Mexico. Established in 1996, GAHP has made significant strides in the field of affordable housing. They have collaborated on the development of 591 rental units and 121 home ownership units across 15 different projects in various Albuquerque neighborhoods. Their mission is to foster exceptional housing communities and offer enrichment services to promote household stability, healthy families, and safer neighborhoods. GAHP serves as a vital resource, contributing to Albuquerque's housing landscape with a team of 11 dedicated professionals.


Is Greater Albuquerque Housing Partnership legitimate?

Greater Albuquerque Housing Partnership is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Albuquerque Housing Partnership 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: $594,639

For more financial information, click here


What is the mission statement of Greater Albuquerque Housing Partnership?
Who is the CEO of Greater Albuquerque Housing Partnership?
What is the revenue of Greater Albuquerque Housing Partnership?
Who are the executives of Greater Albuquerque Housing Partnership and what are their salaries?
Where can I find the form 990 for Greater Albuquerque Housing Partnership?

Mission Statement of Greater Albuquerque Housing Partnership

Greater Albuquerque Housing Partnership, a notable organization, is dedicated to creating exceptional housing communities and providing enrichment services to support household stability, promote healthy families, and foster safer neighborhoods. By partnering on the development of affordable housing units, the organization has contributed to the creation of 591 rental units and developed 121 home ownership units in 15 different developments across five different Albuquerque neighborhoods since 1996. The mission of Greater Albuquerque Housing Partnership is multifaceted, aiming to improve the living conditions and well-being of families by providing them with stable and safe housing options. The organization's work goes beyond merely constructing housing units; it also provides enrichment services to support the overall well-being of the families residing in these communities. These services contribute to the overall stability of the households and the creation of safer neighborhoods. By focusing on affordable housing development and enrichment services, Greater Albuquerque Housing Partnership works to improve the quality of life for families in need, ultimately contributing to stronger, healthier, and safer communities.

Impact

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




Saturday, July 20, 2024

Greater Albuquerque Housing Partnership's impact is significant in creating exceptional housing communities and providing enrichment services to support household stability, healthy families, and safer neighborhoods in Albuquerque, New Mexico. Since 1996, the organization has partnered on the development of 591 rental units and developed 121 homeownership units in 15 different developments across five Albuquerque neighborhoods. Their mission to provide affordable housing and supportive services effectively contributes to building a stronger and more sustainable community for residents in need.





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: $588,582
  • Program Service Revenue: $2,281,876
  • Gross Receipts: $3,020,427

    • Assets and Liabilities:
  • Total Assets: $30,979,656
  • Total Liabilities: $22,326,365
  • Net Assets: $8,653,291
  • Programs

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

    DEVELOPMENT FEES

    Revenue

    $1,500,000

    DCC FUND

    Revenue

    $268,853

    TAX CREDIT INCOME

    Revenue

    $238,273

    PARTNERSHIP MANAGEMENT FEES

    Revenue

    $140,984

    SERVICE CORDINATOR FEES

    Revenue

    $81,552

    Organization Details

    Founding Year

    1993

    Principal Officer

    Felipe Rael

    Main Address

    320 GOLD SW SUITE 918, ALBUQUERQUE, NM, 87102

    If you are a representative of Greater Albuquerque Housing Partnership 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.