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Affordable Housing Initiatives

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 274393012 ✦ Waite park, MN ✦ Designated as a 501(c)(3)

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Overview

What is Affordable Housing Initiatives?

Affordable Housing Initiatives is a nonprofit organization situated in Waite Park, Minnesota, specifically at 366 10th Ave S. Their primary focus is on promoting affordable housing and related services. By engaging in this mission, they aim to contribute positively to the community, ensuring that housing remains accessible and within reach for a wide range of individuals. The organization's dedication to this cause is evident in its mission statement, which emphasizes the promotion of affordable housing and related services.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.

Affordable Housing Initiatives has received a two-star rating from Charity Navigator, indicating that while it performs adequately in some areas, there are significant concerns in others. The organization scores well in areas such as accountability and finance, boasting a perfect program expense ratio and a low liabilities to assets ratio. These strengths suggest that the organization effectively allocates its resources towards its mission.

However, the nonprofit faces notable weaknesses, particularly in its governance and transparency practices. It lacks several important policies, including a conflict of interest policy, whistleblower policy, and document retention and destruction policy, all of which are critical for maintaining accountability. Additionally, the absence of a website listed on its tax form and failure to post its tax form online further highlight transparency issues that may concern potential donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Affordable Housing Initiatives legitimate?

Affordable Housing Initiatives is a legitimate nonprofit organization registered as a 501(c)(3) entity. Affordable Housing Initiatives 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

What is the mission statement of Affordable Housing Initiatives?

The mission of Affordable Housing Initiatives is centered around promoting affordable housing and related services. This organization is dedicated to furthering this cause, aiming to make affordable housing a viable option for a wider population. Their activities and mission are aligned with the goal of enhancing accessibility and affordability in the housing sector. By doing so, they contribute to improving living conditions and fostering social equity in various communities.

Who is the CEO of Affordable Housing Initiatives?

John Belisle is the President of Affordable Housing Initiatives.

What is the revenue of Affordable Housing Initiatives?

Affordable Housing Initiatives's revenue in 2022 was $44,279.

Who are the executives of Affordable Housing Initiatives and what are their salaries?


Here are 5 key members and their salaries:


John Belisle (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Fuchsteiner (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Sand (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Lovitz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Rieder (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Affordable Housing Initiatives?

Affordable Housing Initiatives's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Affordable Housing Initiatives

Affordable Housing Initiatives, as its name suggests, is committed to advocating for affordable housing and related services. The organization's mission is to actively promote and facilitate the availability of affordable housing options, ensuring they are accessible to all. By doing so, Affordable Housing Initiatives aims to contribute positively to the well-being and living conditions of individuals and communities. The organization's focus is on promoting and facilitating the provision of affordable housing and related services, striving to make housing more affordable and accessible for all.

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Impact




August, 2024

Affordable Housing Initiatives's impact is significant in promoting affordable housing and related services in Waite Park, MN. Their mission is to ensure that individuals and families have access to affordable housing options, thereby helping to address housing insecurity and improve overall community well-being. Through their efforts, Affordable Housing Initiatives plays a crucial role in advocating for and increasing the availability of affordable housing opportunities for those in need.




This information is meant to be a general summary of Affordable Housing Initiatives. 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.

Revenue
$44,279 (2022)
Expenses
$19,242 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8,812
  • Gross Receipts: $59,142

Assets and Liabilities:

  • Total Assets: $1,240,758
  • Total Liabilities: $300,000
  • Net Assets: $940,758

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Organization Details

Founding Year

2011

Principal Officer

John Belisle

Main Address

366 10TH AVE S, WAITE PARK, MN, 56387

NTEE Category

Code: L30 - Housing

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