Overview
What is Moscow Affordable Housing Trust?
The Moscow Affordable Housing Trust is a nonprofit organization situated in Moscow, Idaho. Its main objective is to establish and maintain affordable housing options that align with the community's character. To achieve this goal, the trust purchases land and develops it, ultimately selling the properties below fair market value to eligible buyers. The organization primarily secures funding for these developments through involvement in state and federal grant and loan programs. The Moscow Affordable Housing Trust operates with a small workforce of just two individuals.
Official website here: www.moscowhousingtrust.com
Is Moscow Affordable Housing Trust legitimate?
Moscow Affordable Housing Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Moscow Affordable Housing Trust 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: $33,760
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,375
For more financial information, click here
Official website here: www.moscowhousingtrust.com
What is the mission statement of Moscow Affordable Housing Trust?
The Moscow Affordable Housing Trust is dedicated to procuring real estate and developing it for sale at an affordable price to eligible buyers. Their primary means of financing such projects is through involvement in state and federal grant and loan programs. The organization's main objective is to create and preserve safe, inclusive, and reasonably priced housing options, ensuring they align with the community's character.
Official website here: www.moscowhousingtrust.com
Who is the CEO of Moscow Affordable Housing Trust?
Karl Johnson is the Executive Dir. of Moscow Affordable Housing Trust.
Official website here: www.moscowhousingtrust.com
What is the revenue of Moscow Affordable Housing Trust?
Moscow Affordable Housing Trust's revenue in 2023 was $346,638.
Official website here: www.moscowhousingtrust.com
Who are the executives of Moscow Affordable Housing Trust and what are their salaries?
The average compensation at Moscow Affordable Housing Trust during 2023 was $17,568. There are 2 employees at Moscow Affordable Housing Trust.
Here are 10 key members and their salaries:
- Compensation: $30,160
- Related: $0
- Other: $3,600
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.moscowhousingtrust.com
Where can I find the form 990 for Moscow Affordable Housing Trust?
Moscow Affordable Housing Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.moscowhousingtrust.com
Learn more at the official website: www.moscowhousingtrust.com
Mission Statement of Moscow Affordable Housing Trust
The Moscow Affordable Housing Trust, a nonprofit organization, is committed to procuring real estate and transforming it into affordable housing options. This is achieved through the development of properties that are subsequently sold below fair market value to eligible buyers. The organization's primary financing source for these developments is through participation in both state and federal grant and loan programs. In essence, the Moscow Affordable Housing Trust's mission is to create and preserve safe, inclusive, and affordable housing opportunities that align with the community's character, thereby providing a viable living solution for individuals with limited financial means.
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Impact
October, 2024
The Moscow Affordable Housing Trust significantly impacts the community by creating and preserving safe, inclusive, and affordable housing opportunities. By purchasing real property and developing it to be sold below market value, the Trust makes homeownership accessible to qualifying buyers who might otherwise struggle to afford housing in the area. This initiative not only supports individual and family stability but also promotes the overall character of the community, ensuring a diverse and vibrant neighborhood. Through participation in state and federal grant and loan programs, the Trust effectively finances its projects, contributing to the long-term sustainability of affordable housing in Moscow, Idaho.
This information is meant to be a general summary of Moscow Affordable Housing Trust. 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: $52
- Program Service Revenue: $130,255
- Gross Receipts: $346,638
Assets and Liabilities:
- Total Assets: $943,747
- Total Liabilities: $580,724
- Net Assets: $363,023
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Affordable Housing
Revenue
$130,255
Organization Details
Founding Year
2011
Phone
(509) 336-1664Principal Officer
Karl Johnson
Main Address
510 W PALOUSE RIVER DRIVE, MOSCOW, ID, 83843
Website
www.moscowhousingtrust.comNTEE Category
Code: L20 - Housing
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