Overview
What is Preserving Affordable Housing Inc?
Preserving Affordable Housing Inc, situated in Decatur, Georgia, is a dedicated nonprofit organization aiming to alleviate the scarcity of decent, safe, and sanitary housing for individuals and families of low and moderate income. This includes the elderly, youth, handicapped, disabled, and those with special needs. Their primary mission is to ensure that everyone has access to affordable housing within the city, striving to make a significant impact in the community.
Is Preserving Affordable Housing Inc legitimate?
Preserving Affordable Housing Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Preserving 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: $110,914
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What is the mission statement of Preserving Affordable Housing Inc?
Preserving Affordable Housing Inc's mission is centered around alleviating the shortage of decent, safe, and sanitary housing for individuals of low and moderate income. This organization aims to provide such housing for various groups of people, including families, youth, elderly, handicapped, disabled, or those with special needs. The mission is specifically focused on the city where the organization operates, although the information provided does not specify this location.
What is the revenue of Preserving Affordable Housing Inc?
Preserving Affordable Housing Inc's revenue in 2023 was $1,159,604.
Who are the executives of Preserving Affordable Housing Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $294,523
- Other: $25,000
- Compensation: $0
- Related: $176,717
- Other: $16,156
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Preserving Affordable Housing Inc?
Preserving Affordable Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Preserving Affordable Housing Inc
Preserving Affordable Housing Inc is committed to addressing the shortage of decent, safe, and sanitary housing for individuals and families of low and moderate income. This nonprofit organization aims to provide housing solutions for various demographics, including families, youth, the elderly, individuals with disabilities or special needs, in an effort to alleviate housing insecurity. By focusing on this critical issue, Preserving Affordable Housing Inc strives to contribute to the well-being and stability of its community members.
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Impact
October, 2024
Preserving Affordable Housing Inc significantly addresses the critical shortage of decent, safe, and sanitary housing for individuals and families with low to moderate incomes in Decatur, Georgia. By focusing on various vulnerable groups—including youth, the elderly, and individuals with disabilities or special needs—the organization plays a vital role in ensuring that everyone has access to quality housing.
The impact is multifaceted: it not only provides shelter but also fosters stability and security for residents, which can facilitate better health outcomes and enable individuals to contribute positively to the community. By addressing housing needs, the organization helps to empower families and individuals, breaking cycles of poverty and enhancing the overall quality of life in the area.
Furthermore, by focusing on the most marginalized populations, Preserving Affordable Housing Inc promotes inclusivity and diversity within the community, reinforcing the idea that everyone deserves a safe place to call home. Through its efforts, the organization contributes to the social fabric of Decatur, helping to create a more equitable society where housing is not a luxury, but a fundamental right for all.
This information is meant to be a general summary of Preserving 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $163,284
- Program Service Revenue: $996,320
- Gross Receipts: $1,159,604
Assets and Liabilities:
- Total Assets: $11,999,609
- Total Liabilities: $2,756
- Net Assets: $11,996,853
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPER FEE INCOME
Revenue
$996,320
Organization Details
Founding Year
2008
Principal Officer
Douglas S Faust
NTEE Category
Code: Z99 - Unknown
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