Overview
What is Stewards Of Affordable Housing For The Future?
Stewards of Affordable Housing for the Future (SAHF) is a nonprofit organization based in Washington D.C. Their primary mission is to promote the development and preservation of quality affordable housing, empowering its residents to improve their lives. This is achieved through the coordination of resident services and public education, highlighting the importance of nonprofit entities in affordable housing development. In line with this, SAHF is working on resident-centered systems approaches to delivering services to residents of affordable housing programs. They have established the Certified Organization for Resident Engagement and Services program to set a standard and provide resources for partners supporting housing with services. With a team of 17 dedicated individuals, SAHF focuses on creating and preserving sustainable, healthy, and equitable affordable rental homes.
Official website here: www.sahfnet.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97% (Four-Star out of Four Star rating)
Stewards Of Affordable Housing For The Future has achieved an impressive 97% score, reflecting exceptional accountability and financial management. The organization's strong governance is highlighted by its fully independent board, which consists of 100% independent members. It has demonstrated effective oversight with a robust audit and oversight committee and has maintained transparency in its financial dealings, as indicated by the absence of material diversion of assets.
Financially, the organization excels with a high program expense ratio of 87.02%, indicating that a substantial portion of its funds directly supports its mission. It also boasts a commendable working capital ratio of 1.99 years, showcasing its financial sustainability. The organization has implemented various policies related to conflict of interest, whistleblower protection, and document retention, thereby reinforcing its commitment to ethical practices.
However, the fundraising efficiency could be improved, as indicated by a ratio of $0.012, which suggests that the costs associated with fundraising are relatively high in comparison to the funds raised. Despite this limitation, overall, Stewards Of Affordable Housing For The Future demonstrates strong operational effectiveness and a solid commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Stewards Of Affordable Housing For The Future legitimate?
Stewards Of Affordable Housing For The Future is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stewards Of Affordable Housing For The Future 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: $695,815
Professional Fundraising Fees: $0
Other Salaries and Wages: $535,504
For more financial information, click here
Official website here: www.sahfnet.org
What is the mission statement of Stewards Of Affordable Housing For The Future?
Stewards Of Affordable Housing For The Future's mission is centered around promoting the creation and preservation of affordable housing that fosters equity, opportunity, and wellness for individuals of limited economic resources. The organization aims to improve the lives of residents by coordinating resident services and educating the public on the role of nonprofit entities in affordable housing development and preservation in the United States. In line with its mission, SAHF is working to promote resident-centered systems approaches to delivering services to residents of affordable housing programs. As part of its efforts, SAHF has established and operates the Certified Organization for Resident Engagement and Services program, providing a common standard and resource for partners seeking to support housing with services.
Official website here: www.sahfnet.org
Who is the CEO of Stewards Of Affordable Housing For The Future?
Andrea R Ponsor is the Director of Stewards Of Affordable Housing For The Future. The CEO's salary of Stewards Of Affordable Housing For The Future is $275,846 and their total compensation is $275,846.
Official website here: www.sahfnet.org
What is the revenue of Stewards Of Affordable Housing For The Future?
Stewards Of Affordable Housing For The Future's revenue in 2022 was $3,744,652.
Official website here: www.sahfnet.org
Who are the executives of Stewards Of Affordable Housing For The Future and what are their salaries?
The average compensation at Stewards Of Affordable Housing For The Future during 2022 was $72,431. There are 17 employees and 1 volunteer at Stewards Of Affordable Housing For The Future.
Here are 18 key members and their salaries (Stewards Of Affordable Housing For The Future's CEO's salary is $275,846 and their total compensation is $275,846):
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- Compensation: $133,585
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- Compensation: $143,346
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Official website here: www.sahfnet.org
Where can I find the form 990 for Stewards Of Affordable Housing For The Future?
Stewards Of Affordable Housing For The Future's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sahfnet.org
Learn more at the official website: www.sahfnet.org
Mission Statement of Stewards Of Affordable Housing For The Future
Stewards of Affordable Housing for the Future, a nonprofit organization, is dedicated to promoting the creation and preservation of quality, affordable housing. Their mission is to foster equity, opportunity, and wellness for individuals with limited economic resources. By developing and maintaining sustainable affordable rental homes, this nonprofit aims to empower residents to improve their lives. They achieve this by coordinating resident services, providing a platform for residents to enhance their living conditions.
In addition to their housing development and preservation initiatives, Stewards of Affordable Housing for the Future also educates the public about the role of nonprofit entities in this field. They strive to advocate for resident-centered systems approaches to delivering services to residents of affordable housing programs. To support this mission, they have created and operate the Certified Organization for Resident Engagement and Services program. This program serves as a common standard and resource for owners, service providers, financial, and philanthropic partners seeking to support housing with services. By adhering to this program, they can ensure that affordable housing programs are equipped to effectively meet the needs of their residents, ultimately contributing to the overall wellbeing of these communities.
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Impact
July, 2024
Stewards Of Affordable Housing For The Future's impact lies in promoting the development and preservation of quality affordable housing, as well as educating the public about the importance of affordable housing entities in the United States. They enable residents of affordable housing to improve their lives by coordinating resident services and providing a platform for wellness and opportunity. Additionally, they work towards advancing the creation and preservation of healthy, sustainable affordable rental homes that foster equity and wellness for people of limited economic resources. In doing so, they contribute to the overall well-being and stability of communities by ensuring access to affordable housing options.
This information is meant to be a general summary of Stewards Of Affordable Housing For The Future. 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: $4,862
- Program Service Revenue: $465,315
- Gross Receipts: $3,744,652
Assets and Liabilities:
- Total Assets: $6,803,229
- Total Liabilities: $1,016,696
- Net Assets: $5,786,533
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSULTING INCOME
Revenue
$429,582
OTHER INCOME
Revenue
$35,733
Organization Details
Founding Year
2003
Phone
(202) 737-5970Principal Officer
Andrea R Ponsor
Main Address
1120 G STREET NW 800, WASHINGTON, DC, 20005
Website
www.sahfnet.orgNTEE Category
Code: L032 - Housing
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