Overview
What is Affordable Home Foundation Inc?
Affordable Home Foundation Inc is a nonprofit organization situated in Blue Springs, Missouri. Their primary mission is to construct, sell, and partly finance homes at a cost below their appraised value for low-income families and homeless individuals. They demonstrated this commitment by purchasing land at 127 E Waldo in Independence, MO, and building a house equipped with appliances, which was sold to Marcy Bray at a price lower than its appraised value. The organization's initiatives aim to provide affordable housing solutions, contributing positively to the community by helping those in need.
Is Affordable Home Foundation Inc legitimate?
Affordable Home Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Affordable Home Foundation 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.
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What is the mission statement of Affordable Home Foundation Inc?
Affordable Home Foundation Inc is committed to constructing, selling, and partially financing homes at a cost below their appraised value for low-income families and homeless individuals. This organization aims to provide affordable housing solutions, helping these groups secure a place to call home. By selling houses at a discounted price, Affordable Home Foundation Inc makes homeownership more accessible, thereby contributing to the well-being and stability of the communities it serves.
In one instance, the foundation purchased land and built a house, including appliances, which they sold to a family at a price lower than the appraised value. This action showcases the organization's dedication to its mission and its commitment to making a difference in the lives of those in need of affordable housing.
Who is the CEO of Affordable Home Foundation Inc?
Dennis Clinefelter is the President of Affordable Home Foundation Inc.
What is the revenue of Affordable Home Foundation Inc?
Affordable Home Foundation Inc's revenue in 2022 was $952.
Who are the executives of Affordable Home Foundation Inc and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Affordable Home Foundation Inc?
Affordable Home Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Affordable Home Foundation Inc
Affordable Home Foundation Inc is an organization dedicated to providing a viable solution for low-income families and homeless individuals by constructing, selling, and partially financing houses at a cost below their appraised value. This nonprofit's mission is to make homeownership more accessible, enabling families to acquire a residence that is both affordable and of good quality. By selling houses at a reduced price, Affordable Home Foundation Inc empowers families to build a stable living environment, fostering a sense of security and community. The organization's efforts to construct and partly finance homes serve as a beacon of hope for those in need, enabling them to overcome the challenges of poverty and homelessness.
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Impact
October, 2024
Affordable Home Foundation Inc has a significant impact on the community by providing affordable housing options for low-income families and homeless individuals. By constructing and selling homes at prices below their appraised value, the foundation helps to alleviate the housing burden faced by those in need.
One notable example of their work is the recent construction of a home at 127 E Waldo in Independence, Missouri. This home was completed with modern appliances and sold to Marcy Bray, exemplifying how the foundation not only addresses the immediate need for housing but also promotes stability and ownership within the community.
Their commitment to ensuring that families have access to safe and adequate housing contributes to improved living conditions, fosters community development, and supports the economic wellbeing of individuals and families. By facilitating affordable homeownership, Affordable Home Foundation Inc plays a crucial role in building stronger, more resilient neighborhoods.
This information is meant to be a general summary of Affordable Home Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $94
- Gross Receipts: $83,779
Assets and Liabilities:
- Total Assets: $112,066
- Total Liabilities: $0
- Net Assets: $112,066
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Organization Details
Founding Year
1972
Phone
(816) 589-0857Principal Officer
Dennis Clinefelter
Main Address
22704 NW ASHFORD CT, Blue Springs, MO, 64015
NTEE Category
Code: L00 - Housing
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