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Albany Area Housing Opportunities Inc

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

EIN: 141635255 ✦ Albany, NY ✦ Designated as a 501(c)(3)

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Overview

What is Albany Area Housing Opportunities Inc?

Albany Area Housing Opportunities Inc is a dedicated nonprofit organization that focuses on providing safe and affordable housing for economically disadvantaged individuals. With approximately 16 individuals benefiting from their services, this organization offers a place to call home for those in need. Their mission revolves around ensuring reasonable and secure housing for economically eligible tenants, in line with their low-income rental program. This contribution to the community significantly enhances the living conditions of its residents, contributing positively to their overall well-being.

Is Albany Area Housing Opportunities Inc legitimate?

Albany Area Housing Opportunities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Albany Area Housing Opportunities Inc submitted a form 990EZ, 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.

What is the mission statement of Albany Area Housing Opportunities Inc?

Albany Area Housing Opportunities Inc is dedicated to serving the economically disadvantaged by providing them with safe, affordable housing. This non-profit organization aims to accommodate approximately 16 individuals, offering them reasonable housing options. Their primary activity involves managing low-income rentals, ensuring that eligible tenants have access to secure and affordable living spaces. The organization's mission is to make a positive impact on the lives of those in need, improving their living conditions and increasing their overall quality of life.

Who is the CEO of Albany Area Housing Opportunities Inc?

Alan Ray is the President of Albany Area Housing Opportunities Inc.

What is the revenue of Albany Area Housing Opportunities Inc?

Albany Area Housing Opportunities Inc's revenue in 2022 was $84,239.

Who are the executives of Albany Area Housing Opportunities Inc and what are their salaries?


Here are 6 key members and their salaries:


Charles Sullivan (Director)
  • Compensation: $31,993
  • Related: $0
  • Other: $0
Alan Ray (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard M Brash (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Northrup (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Kruger (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Mcdermott (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Albany Area Housing Opportunities Inc?

Albany Area Housing Opportunities Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Albany Area Housing Opportunities Inc

Albany Area Housing Opportunities Inc is committed to providing safe, reasonable, and affordable housing for economically disadvantaged individuals. Their mission involves serving approximately 16 people by offering them a secure living environment that fits their financial capabilities. The organization specializes in low-income housing, ensuring that eligible tenants can find a suitable place to live. With a focus on affordability, Albany Area Housing Opportunities Inc strives to make housing accessible for those who may struggle financially. Their efforts contribute to improving the living conditions of economically disadvantaged individuals, thereby enhancing their overall quality of life.

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Impact




October, 2024

Albany Area Housing Opportunities Inc makes a significant impact by providing safe, reasonable, and affordable housing for economically disadvantaged individuals and families. Serving approximately 16 tenants, the organization focuses on meeting the needs of low-income renters in Albany, NY. By offering low-income housing options, it helps to stabilize lives, create a sense of community, and promote well-being among those who might otherwise struggle to secure safe and affordable living conditions. This commitment not only addresses immediate housing needs but also fosters long-term benefits for the individuals and families who find refuge and support within its services.




This information is meant to be a general summary of Albany Area Housing Opportunities 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
$84,239 (2022)
Expenses
$120,084 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,646
  • Program Service Revenue: $81,593
  • Gross Receipts: $84,239

Assets and Liabilities:

  • Total Assets: $189,711
  • Total Liabilities: $11,204
  • Net Assets: $178,507

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Organization Details

Principal Officer

Alan Ray

Main Address

246 Hudson Avenue, Albany, NY, 122101802

NTEE Category

Code: L25Z - Housing

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