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Thc Affordable Housing Inc

Housing Up Development

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

EIN: 203149168 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Thc Affordable Housing Inc?

Thc Affordable Housing Inc, also known as Housing Up Development, is a nonprofit organization based in Washington, D.C. Their primary mission is to address the housing needs of low-income individuals and families in the Washington, D.C. metropolitan area. They achieve this goal through various projects, such as renovations, new construction, and preservation of affordable housing units. Their approach aims to strengthen the financial independence, health, and housing security of the residents. Apart from providing housing, they also offer resident services to help enhance their overall well-being.


Official website here: www.housingup.org

Is Thc Affordable Housing Inc legitimate?

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


Official website here: www.housingup.org

What is the mission statement of Thc Affordable Housing Inc?

Thc Affordable Housing Inc's mission is centered around developing affordable housing for individuals and families with low to moderate income. This is achieved through various methods such as renovation, new construction, or preservation of existing properties. The primary aim is to meet the housing needs of these communities, thereby contributing to their overall well-being. Resident services are also provided at these developments to enhance financial independence, health, and housing security for the residents.


Official website here: www.housingup.org

Who is the CEO of Thc Affordable Housing Inc?

Philip Hecht is the Chair of Thc Affordable Housing Inc. The CEO's salary of Thc Affordable Housing Inc is $0 and their total compensation is $224,499.


Official website here: www.housingup.org

What is the revenue of Thc Affordable Housing Inc?

Thc Affordable Housing Inc's revenue in 2022 was $378,813.


Official website here: www.housingup.org

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

There 11 volunteers at Thc Affordable Housing Inc.


Here are 16 key members and their salaries (Thc Affordable Housing Inc's CEO's salary is $0 and their total compensation is $224,499):


Phyllis Jordan (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Singleton (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Tyler (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Earle O'Donnell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Howell (Chair Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annika Brink (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Kimball Griffith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Jacobs (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Ferrell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Iyon Johnson (Board Member Until 9/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candace Webb (Board Member Until 4/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Hecht (President And Ceo)
  • Compensation: $0
  • Related: $210,933
  • Other: $13,566
Haribo Kamara-Taylor (Chief Operating Officer)
  • Compensation: $0
  • Related: $185,740
  • Other: $10,027
Luis Vasquez (Vp Of Programs)
  • Compensation: $0
  • Related: $164,596
  • Other: $14,898
Christina Peay (Vp Of Philanthropy)
  • Compensation: $0
  • Related: $145,549
  • Other: $8,016
Corey Mendez (Deputy Chief Operating Officer)
  • Compensation: $0
  • Related: $133,219
  • Other: $15,042


Official website here: www.housingup.org

Where can I find the form 990 for Thc Affordable Housing Inc?

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


Official website here: www.housingup.org

Learn more at the official website: www.housingup.org

Mission Statement of Thc Affordable Housing Inc

Thc Affordable Housing Inc is committed to addressing the housing needs of individuals and families with lower incomes in the Washington, D.C. metropolitan area. They achieve this mission through various projects, including renovation, new construction, and preservation of affordable housing units. The organization's primary goal is to provide affordable housing options for very low, low-income, and moderate-income individuals and families, ensuring that everyone has access to a safe and secure living space.

Beyond just providing housing, Thc Affordable Housing Inc also offers resident services at their developments. These services aim to strengthen the financial independence, health, and housing security of the residents. By offering these additional support programs, the organization is able to create a holistic living environment that goes beyond simply providing a roof over people's heads. This approach allows the residents to improve their overall well-being and build a more stable future for themselves and their families.

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Impact




October, 2024

Thc Affordable Housing Inc plays a crucial role in addressing the housing crisis in the Washington, D.C. metropolitan area by developing affordable housing options for individuals and families with very low, low, and moderate incomes. Through a combination of renovation, new construction, and preservation projects, the organization meets the diverse housing needs of the community, ensuring that residents have safe and stable places to live.

In addition to creating affordable housing, Thc Affordable Housing Inc enhances residents' quality of life by providing essential services that promote financial independence, health, and housing security. This holistic approach not only addresses immediate housing needs but also empowers residents to thrive and build stronger, more sustainable communities. By focusing on both housing development and resident support, the organization contributes significantly to the overall well-being of the Washington, D.C. area, fostering a more equitable and inclusive environment for all.




This information is meant to be a general summary of Thc 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
$378,813 (2022)
Expenses
$235,017 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $38,026
  • Program Service Revenue: $340,787
  • Gross Receipts: $601,180

Assets and Liabilities:

  • Total Assets: $5,822,887
  • Total Liabilities: $935,015
  • Net Assets: $4,887,872

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Programs

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

DEVELOPER FEE REVENUE

Revenue

$262,764

PROGRAM INTEREST INCOM

Revenue

$78,023

Organization Details

Founding Year

2005

Principal Officer

Philip Hecht

Main Address

1322 MAIN DRIVE NW, WASHINGTON, DC, 20012

NTEE Category

Code: L20 - Housing

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