Overview
What is Alexandria Affordable Housing Corporation?
Alexandria Affordable Housing Corporation is a dedicated nonprofit organization situated in Alexandria, Louisiana. Their primary mission is to aid the Alexandria Housing Authority in transforming public housing units into affordable housing options under the Section 8 program. This collaboration ensures the provision of high-quality living spaces for the local community's families, thereby contributing to the overall affordability of housing in Alexandria, LA. The organization's activities focus on redeveloping housing units, working towards the betterment of the community and improving the living standards of its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star rating)
Alexandria Affordable Housing Corporation has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored 90%, indicating effective management of funds and a commitment to transparency, which is crucial for donor trust and support.
The organization boasts an entirely independent board, with all eight members meeting the criteria for independence. This governance structure, coupled with robust financial oversight through its Audit and Oversight Committee, demonstrates a high level of accountability. The lack of material diversion of assets and well-documented policies for conflict of interest and whistleblowing further enhance its credibility.
Despite these strengths, the summary does not mention any specific areas for improvement or challenges faced by the organization. Overall, Alexandria Affordable Housing Corporation stands out as a responsible and well-managed nonprofit focused on affordable housing initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Alexandria Affordable Housing Corporation legitimate?
Alexandria Affordable Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alexandria 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.
Heare 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 Alexandria Affordable Housing Corporation?
The Alexandria Affordable Housing Corporation plays a vital role in supporting the redevelopment of housing units. Their primary objective is to provide high-quality, affordable housing for families in need. They collaborate closely with the Alexandria Housing Authority to achieve this goal. One of their significant contributions includes converting low-income public housing into low-income Section 8 assisted housing, ensuring continued access to affordable accommodation for numerous families.
Who is the CEO of Alexandria Affordable Housing Corporation?
Stephan Fontenot is the Secretary of Alexandria Affordable Housing Corporation.
What is the revenue of Alexandria Affordable Housing Corporation?
Alexandria Affordable Housing Corporation's revenue in 2022 was $905,665.
Who are the executives of Alexandria Affordable Housing Corporation and what are their salaries?
There 4 volunteers at Alexandria Affordable Housing Corporation.
Here are 6 key members and their salaries:
- Compensation: $90,395
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Alexandria Affordable Housing Corporation?
Alexandria Affordable Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Alexandria Affordable Housing Corporation
Alexandria Affordable Housing Corporation, a dedicated organization, collaborates with the Alexandria Housing Authority to facilitate the renovation of housing units. Their primary goal is to enhance the provision of high-quality, affordable living spaces for families residing in Alexandria, Louisiana. By overseeing the conversion of low-income public housing into low-income Section 8-assisted housing, Alexandria Affordable Housing Corporation plays a significant role in addressing the housing needs of the community. The organization's mission is to contribute to the betterment of living conditions for families, ensuring they have access to affordable and well-maintained housing units.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Alexandria Affordable Housing Corporation's impact is significant in providing quality affordable housing for families in Alexandria, Louisiana. By assisting the Alexandria Housing Authority with the redevelopment of housing units, the organization plays a vital role in ensuring that low-income families have access to safe and affordable homes. Their work has involved the conversion of low-income public housing to low-income Section 8 assisted housing, making a tangible difference in improving housing options for those in need within the community.
This information is meant to be a general summary of Alexandria Affordable Housing Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
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.
- Investment Income: $38,549
- Gross Receipts: $905,665
Assets and Liabilities:
- Total Assets: $3,548,772
- Total Liabilities: $0
- Net Assets: $3,548,772
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2014
Phone
(318) 442-8843Principal Officer
Stephan Fontenot
Main Address
2558 Loblolly Lane, Alexandria, LA, 71303
NTEE Category
Code: L21 - Housing
If you are a representative of Alexandria 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.