Overview
What is Lower Merion Affordable Housing Corporation?
Lower Merion Affordable Housing Corporation (LMAH) is a nonprofit organization situated in Bryn Mawr, Pennsylvania. Its primary mission is to provide affordable housing opportunities for low- and moderate-income families residing in Lower Merion Township. LMAH receives financial support from the community for capacity-building services, including identifying potential projects, conducting feasibility studies, and packaging project funds. They also oversee property maintenance during construction, market and pre-screen prospective buyers, and purchase project properties. The organization relies on both public and private resources to fulfill its mission, regularly meeting and participating in local community development meetings.
Official website here: www.lmah.org
Is Lower Merion Affordable Housing Corporation legitimate?
Lower Merion Affordable Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lower Merion Affordable Housing Corporation 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.lmah.org
What is the mission statement of Lower Merion Affordable Housing Corporation?
Lower Merion Affordable Housing Corporation's mission is to utilize both public and private resources to identify, develop, and realize housing projects that cater to the needs of low and moderate income families. The organization aims to provide affordable housing opportunities by receiving expense reimbursements and advances from the local community development fund. This funding enables the corporation to provide administrative services such as identifying new projects, conducting feasibility studies, and packaging project funds. Additional responsibilities include property maintenance during construction, pre-sale marketing, and pre-screening of prospective buyers. Regular board meetings and attendance at township meetings related to community development are also part of their mission.
Official website here: www.lmah.org
Who is the CEO of Lower Merion Affordable Housing Corporation?
Kevin Kavanaugh is the Member of Lower Merion Affordable Housing Corporation.
Official website here: www.lmah.org
What is the revenue of Lower Merion Affordable Housing Corporation?
Lower Merion Affordable Housing Corporation's revenue in 2022 was $23,674.
Official website here: www.lmah.org
Who are the executives of Lower Merion Affordable Housing Corporation and what are their salaries?
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lmah.org
Where can I find the form 990 for Lower Merion Affordable Housing Corporation?
Lower Merion Affordable Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lmah.org
Learn more at the official website: www.lmah.org
Mission Statement of Lower Merion Affordable Housing Corporation
Lower Merion Affordable Housing Corporation, abbreviated as LMAH, is dedicated to providing affordable housing opportunities for families with low and moderate incomes. Utilizing both public and private resources, the organization strives to identify, develop, and realize housing projects that cater to the needs of these income groups. LMAH's mission extends beyond just providing housing; it also involves administrative management services such as identifying new projects, conducting project feasibility studies, and packaging project funds. Furthermore, the corporation is responsible for purchasing project properties, ensuring property maintenance during construction, and handling pre-sale marketing and pre-screening of prospective buyers. The board members of LMAH regularly meet and attend township meetings related to community development, demonstrating their commitment to promoting affordable housing in their community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
The Lower Merion Affordable Housing Corporation, through its mission to provide affordable housing for low and moderate-income families in Lower Merion Township, has had a significant impact on the community. By utilizing both public and private resources, the organization identifies, develops, and realizes housing projects that meet the needs of those who would otherwise struggle to find affordable housing options. This initiative not only helps families secure safe and stable housing but also contributes to the overall well-being and economic stability of the community. The efforts of the Lower Merion Affordable Housing Corporation play a vital role in addressing the ongoing challenge of housing affordability and promoting a more inclusive and equitable society.
This information is meant to be a general summary of Lower Merion Affordable Housing Corporation. 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: $1
- Gross Receipts: $23,674
Assets and Liabilities:
- Total Assets: $733,657
- Total Liabilities: $714,308
- Net Assets: $19,349
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1997
Phone
(215) 688-0432Principal Officer
Kevin Kavanaugh
Main Address
9 SOUTH BRYN MAWR AVENUE, BRYN MAWR, PA, 19010
Website
www.lmah.orgNTEE Category
Code: L25 - Housing
If you are a representative of Lower Merion Affordable Housing Corporation 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.