Overview
What is Affordable Housing Centers Of Pennsylvania?
Affordable Housing Centers of Pennsylvania is a nonprofit organization, approved by the U.S. Department of Housing and Urban Development (HUD), dedicated to enhancing and safeguarding homeownership prospects for low- and moderate-income families. Their primary activities include acquiring, rehabilitating, and managing housing, as well as providing loan counseling services to eligible families. Their mission aims to create and maintain affordable housing options, thereby contributing to the well-being of their community.
Official website here: www.ahcopa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star Rating from Charity Navigator.
The Affordable Housing Centers of Pennsylvania has achieved an impressive 96% rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The rating indicates that the organization excels in several key areas, including having a fully independent board and robust financial oversight measures. The high score in program expense ratio suggests that a significant portion of funds is directed towards its mission, rather than administrative costs.
Strengths highlighted in the evaluation include a well-structured board of directors, with 100% of members being independent, and excellent governance practices with no material diversion of assets. The organization has implemented essential policies such as conflict of interest and whistleblower policies, reinforcing its dedication to transparency and ethical operations. Furthermore, the financial health indicators, such as a low liabilities-to-assets ratio, showcase the organization's sustainable financial practices.
While the data does not note any specific limitations, the high performance across various metrics suggests that the Affordable Housing Centers of Pennsylvania is effectively managing its resources and governance. Overall, this nonprofit demonstrates a strong foundation for achieving its mission of providing affordable housing solutions in Pennsylvania.
This AI summary has been generated from information found on Charity Navigator.
Is Affordable Housing Centers Of Pennsylvania legitimate?
Affordable Housing Centers Of Pennsylvania is a legitimate nonprofit organization registered as a 501(c)(3) entity. Affordable Housing Centers Of Pennsylvania 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: $91,976
Professional Fundraising Fees: $0
Other Salaries and Wages: $670,084
For more financial information, click here
Official website here: www.ahcopa.org
What is the mission statement of Affordable Housing Centers Of Pennsylvania?
The Affordable Housing Centers of Pennsylvania, being a HUD-approved housing counseling agency, is dedicated to increasing and preserving homeownership opportunities for low and moderate-income households. Their mission involves acquiring and rehabilitating housing and providing loan counseling services to eligible families. The organization aims to expand and protect affordable housing options, thereby contributing to financial stability and improved living conditions for a significant portion of the population.
Official website here: www.ahcopa.org
Who is the CEO of Affordable Housing Centers Of Pennsylvania?
Paul Johnson is the President of Affordable Housing Centers Of Pennsylvania.
Official website here: www.ahcopa.org
What is the revenue of Affordable Housing Centers Of Pennsylvania?
Affordable Housing Centers Of Pennsylvania's revenue in 2023 was $1,887,077.
Official website here: www.ahcopa.org
Who are the executives of Affordable Housing Centers Of Pennsylvania and what are their salaries?
The average compensation at Affordable Housing Centers Of Pennsylvania during 2023 was $42,337. There are 18 employees at Affordable Housing Centers Of Pennsylvania.
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- Compensation: $80,069
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- Other: $2,394
Official website here: www.ahcopa.org
Where can I find the form 990 for Affordable Housing Centers Of Pennsylvania?
Affordable Housing Centers Of Pennsylvania's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ahcopa.org
Learn more at the official website: www.ahcopa.org
Mission Statement of Affordable Housing Centers Of Pennsylvania
Affordable Housing Centers of Pennsylvania, a HUD-approved housing counseling agency, is dedicated to expanding and safeguarding homeownership prospects for low- and moderate-income households. The organization's mission is multifaceted, encompassing both the acquisition and renovation of housing and the provision of loan counseling services to families within this income bracket. By pursuing these objectives, Affordable Housing Centers of Pennsylvania aims to contribute to the stable and secure housing landscape for a significant portion of the population.
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Impact
October, 2024
Affordable Housing Centers of Pennsylvania significantly impacts the community by enhancing homeownership opportunities for low and moderate-income households. Through its HUD-approved housing counseling services, the organization provides vital assistance in acquiring and rehabilitating homes, helping families navigate the complex process of purchasing property. By focusing on loan counseling services, it empowers families with the knowledge and resources needed to make informed financial decisions, ultimately contributing to the preservation of stable communities. The work done in Philadelphia and the surrounding areas not only supports individual families but also fosters economic growth and stability within the region.
This information is meant to be a general summary of Affordable Housing Centers Of Pennsylvania. 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 2023.
- Investment Income: $10,995
- Gross Receipts: $1,887,077
Assets and Liabilities:
- Total Assets: $1,898,684
- Total Liabilities: $111,295
- Net Assets: $1,787,389
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Organization Details
Founding Year
1985
Phone
(215) 765-1221Principal Officer
Paul Johnson
Main Address
846 NORTH BROAD STREET, PHILADELPHIA, PA, 19130
Website
www.ahcopa.orgIf you are a representative of Affordable Housing Centers Of Pennsylvania and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.