Overview
What is National Affordable Housing Foundation Inc?
The National Affordable Housing Foundation Inc, based in Boston, Massachusetts, is a nonprofit organization with a mission to acquire, rehabilitate, and preserve low-income housing properties, ensuring they remain affordable for the community. Their primary activity involves the acquisition and maintenance of affordable housing units, dedicated to meeting the housing needs of individuals and families with limited financial resources. This commitment to affordable housing is instrumental in promoting social equality and stability in the communities they serve.
Is National Affordable Housing Foundation Inc legitimate?
National Affordable Housing Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Affordable Housing Foundation Inc 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: $16,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of National Affordable Housing Foundation Inc?
The National Affordable Housing Foundation Inc's mission is centered around acquiring and maintaining affordable housing. More specifically, they focus on procuring, rehabilitating, and preserving low-income housing properties to ensure they remain affordable. This organization is committed to making a significant contribution to addressing the housing needs of individuals with limited financial resources.
Who is the CEO of National Affordable Housing Foundation Inc?
Marc A Cohen is the Director of National Affordable Housing Foundation Inc.
What is the revenue of National Affordable Housing Foundation Inc?
National Affordable Housing Foundation Inc's revenue in 2022 was -$149,507.
Who are the executives of National Affordable Housing Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $8,000
- Related: $0
- Other: $0
- Compensation: $8,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for National Affordable Housing Foundation Inc?
National Affordable Housing Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of National Affordable Housing Foundation Inc
The National Affordable Housing Foundation Inc is committed to a significant mission. Their primary objective is to procure and maintain affordable living spaces for individuals with low income. More specifically, they focus on acquiring, rehabilitating, and preserving properties that cater to this demographic, ensuring they remain affordable housing options. By undertaking these tasks, the National Affordable Housing Foundation Inc plays a pivotal role in addressing the housing needs of those with limited financial resources, thereby contributing to a more equitable society.
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Impact
October, 2024
National Affordable Housing Foundation Inc significantly impacts the community by acquiring, rehabilitating, and preserving low-income housing properties, thereby ensuring that these essential resources remain affordable for those in need. Located in Boston, MA, the organization actively addresses the challenge of housing affordability in the region, providing stability and security to low-income families. By transforming existing properties into safe and accessible housing options, it plays a critical role in mitigating the effects of housing shortages and rising costs, ultimately fostering healthier communities and enhancing the quality of life for residents. Its commitment to affordable housing not only helps individuals and families but also contributes to the overall economic vitality of the area by promoting inclusive growth and community development.
This information is meant to be a general summary of National Affordable Housing Foundation Inc. 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: $268,150
- Gross Receipts: $3,044,770
Assets and Liabilities:
- Total Assets: $16,824,274
- Total Liabilities: $0
- Net Assets: $16,824,274
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Organization Details
Founding Year
1995
Phone
(617) 542-2122Principal Officer
Marc A Cohen
Main Address
151 TREMONT STREET PH, BOSTON, MA, 02111
NTEE Category
Code: L20 - Housing
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