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Family Gateway Affordable Housing Inc

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

EIN: 043771703 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is Family Gateway Affordable Housing Inc?

Family Gateway Affordable Housing Inc., located in Hutchins, Texas, is a nonprofit organization under the umbrella of Family Gateway, Inc. Their primary mission is to construct and manage housing units for individuals with low and very low incomes. They collaborate with Family Gateway, Inc. to offer various support services to their tenants, contributing to their goal of providing secure, decent, and affordable living spaces. The organization is committed to assisting its residents in overcoming financial challenges and improving their quality of life.

Is Family Gateway Affordable Housing Inc legitimate?

Family Gateway Affordable Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family Gateway Affordable Housing 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 Family Gateway Affordable Housing Inc?

Family Gateway Affordable Housing Inc, operated under Family Gateway Inc., a Texas nonprofit, is dedicated to providing affordable housing units for low-income and very low-income individuals. The organization works closely with Family Gateway Inc. to offer various support services to tenants residing in their properties, aiming to fulfill the mission of Family Gateway Inc. to provide safe, decent, and affordable housing. Family Gateway Affordable Housing Inc. assists in achieving this goal by constructing and maintaining housing units and offering necessary support services to its tenants.

Who is the CEO of Family Gateway Affordable Housing Inc?

Ellen Magnis is the Director of Family Gateway Affordable Housing Inc. The CEO's salary of Family Gateway Affordable Housing Inc is $0 and their total compensation is $251,311.

What is the revenue of Family Gateway Affordable Housing Inc?

Family Gateway Affordable Housing Inc's revenue in 2022 was $215,191.

Who are the executives of Family Gateway Affordable Housing Inc and what are their salaries?

There 5 volunteers at Family Gateway Affordable Housing Inc.


Here are 6 key members and their salaries (Family Gateway Affordable Housing Inc's CEO's salary is $0 and their total compensation is $251,311):


Rob Groverstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Sharma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Exa Whiteman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bay Miltenberger (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Magnis (Ceo)
  • Compensation: $0
  • Related: $241,728
  • Other: $9,583
Where can I find the form 990 for Family Gateway Affordable Housing Inc?

Family Gateway Affordable Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Family Gateway Affordable Housing Inc

Family Gateway Affordable Housing Inc, a nonprofit organization under the supervision of Family Gateway, Inc., is dedicated to constructing and managing housing units designed for low-income and very low-income individuals. The primary mission of Family Gateway Affordable Housing Inc is to collaborate with Family Gateway, Inc. to provide a variety of support services to the tenants occupying its properties. The goal is to assist Family Gateway, Inc. in fulfilling its purpose of offering safe, decent, and affordable housing options to those in need.

By working together, Family Gateway Affordable Housing Inc and Family Gateway, Inc. aim to positively impact the lives of their tenants. They strive to provide more than just housing, but also offer crucial support services to enhance the living conditions and well-being of their tenants. This collaborative effort allows Family Gateway, Inc. to fulfill its mission of offering affordable housing solutions to those who need it most.

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Impact




October, 2024

Family Gateway Affordable Housing Inc (FGAH) plays a crucial role in addressing the housing needs of low-income and very low-income individuals in Hutchins, Texas. By building and operating affordable housing units, FGAH not only provides essential shelter but also contributes to community stability and growth.

The organization works collaboratively with Family Gateway, Inc. to ensure that residents have access to a range of supportive services. This holistic approach enhances the quality of life for tenants, helping them to achieve greater stability and independence. FGAH's commitment to safe, decent, and affordable housing helps break the cycle of poverty, offering families the foundation they need to thrive.

The impact of FGAH extends beyond just housing; it fosters a sense of community, promotes social cohesion, and can lead to improved educational and employment outcomes for residents. By addressing the pressing issue of affordable housing, FGAH is making a significant difference in the lives of many individuals and families, contributing to the broader mission of fostering economic mobility and well-being in the area.




This information is meant to be a general summary of Family Gateway Affordable Housing 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.

Revenue
$215,191 (2022)
Expenses
$242 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $11,191
  • Program Service Revenue: $204,000
  • Gross Receipts: $215,191

Assets and Liabilities:

  • Total Assets: $1,228,291
  • Total Liabilities: $0
  • Net Assets: $1,228,291

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Programs

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

PARTNERSHIP DISTRIBUTI

Revenue

$204,000

Organization Details

Founding Year

2003

Principal Officer

Ellen Magnis

Main Address

1421 W MOCKINGBIRD LN STE C, DALLAS, TX, 75247

NTEE Category

Code: L40 - Housing

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