Overview
What is Affordable Housing For America Inc?
Affordable Housing For America Inc is a nonprofit organization located in Tulsa, Oklahoma. Their primary focus is to preserve affordable housing, acting as a general partner in both lower-tier and upper-tier limited partnerships that manage and operate affordable housing apartments. By participating as an upper-tier general partner, Affordable Housing For America Inc helps maintain a stable partnership base in the preservation of affordable housing for low-income tenants. Their mission encompasses managing, developing, and preserving low-income housing units, contributing significantly to providing affordable living solutions in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating.
Affordable Housing For America Inc has a mixed performance according to Charity Navigator, reflected in its 67% rating and Two-Star designation. The organization excels with a 100% independent board and demonstrates a strong program expense ratio of 100%, indicating that all funds are directed towards its housing initiatives. Additionally, it has no reported liabilities, which is a positive sign of financial stability.
However, the organization faces significant challenges in accountability and transparency. It has received low scores in key areas such as missing financial statements and lacking essential policies, including conflict of interest and whistleblower protections. These gaps may raise concerns about governance and the overall management of the nonprofit, suggesting room for improvement in its operational practices.
Overall, while Affordable Housing For America Inc shows commitment to its mission through strong program spending and an independent board, the lack of financial disclosures and accountability measures could hinder its credibility and effectiveness in the nonprofit sector. Addressing these issues would enhance its standing and potentially attract more support.
This AI summary has been generated from information found on Charity Navigator.
Is Affordable Housing For America Inc legitimate?
Affordable Housing For America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Affordable Housing For America 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Affordable Housing For America Inc?
Affordable Housing For America Inc's mission is centered around managing, developing, and preserving low-income housing units. The organization plays a significant role as a general partner in both lower-tier and upper-tier limited partnerships that own and operate affordable housing apartments. By focusing on being the upper-tier general partner, Affordable Housing For America Inc ensures a stable partnership owner base, which in turn aids in the long-term participation of the partnership in affordable housing. This commitment to affordable housing preservation benefits low-income tenants, facilitating the continuation of affordable housing opportunities for them.
Who is the CEO of Affordable Housing For America Inc?
Jordan A Asher is the Executive Director & Presi of Affordable Housing For America Inc.
What is the revenue of Affordable Housing For America Inc?
Affordable Housing For America Inc's revenue in 2022 was $1,803,710.
Who are the executives of Affordable Housing For America Inc and what are their salaries?
There 5 volunteers at Affordable Housing For America Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Affordable Housing For America Inc?
Affordable Housing For America Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Affordable Housing For America Inc
Affordable Housing For America Inc is committed to managing, developing, and preserving low-income housing units. In pursuit of this mission, the organization acts as a general partner in both lower-tier and upper-tier limited partnerships that own and operate affordable housing apartment complexes. By focusing on their role as an upper-tier general partner, Affordable Housing For America Inc is able to maintain a stable partnership base, ensuring the long-term participation of the partnership in affordable housing. This, in turn, facilitates the preservation of affordable housing for low-income tenants. By doing so, the organization plays a crucial role in providing affordable housing solutions, contributing to the overall well-being and stability of the communities it serves.
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Impact
July, 2024
Affordable Housing For America Inc plays a crucial role in managing, developing, and preserving low-income housing units, particularly in the city of Tulsa, Oklahoma. By participating as a general partner in both lower-tier and upper-tier limited partnerships that own and operate affordable housing apartments, this organization contributes to the preservation of affordable housing for low-income tenants. Through its strategic involvement in upper-tier limited partnerships, Affordable Housing For America Inc helps maintain a stable ownership base and long-term participation in affordable housing projects, thereby facilitating the preservation of vital housing options for those in need.
This information is meant to be a general summary of Affordable Housing For America 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: $88,489
- Gross Receipts: $1,803,710
Assets and Liabilities:
- Total Assets: $4,998,113
- Total Liabilities: $0
- Net Assets: $4,998,113
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Organization Details
Founding Year
2003
Phone
(918) 291-1175Principal Officer
Jordan A Asher
Main Address
PO BOX 701738, TULSA, OK, 74170
NTEE Category
Code: L20 - Housing
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