Overview
What is Affordable Housing Clearinghouse?
Affordable Housing Clearinghouse is a California-based, not-for-profit organization dedicated to addressing the housing needs of low to moderate income individuals. This network of lending institutions operates in Southern California and provides comprehensive housing services, including homebuyer education and credit counseling. They review and compile loan applications, coordinating applicants with lenders to facilitate affordable housing. Furthermore, the organization engages in acquiring, rehabilitating, or constructing affordable housing units for resale. Additionally, Affordable Housing Clearinghouse owns and manages low-income permanent housing, ensuring that affordable living options remain accessible to those in need. With a team of four dedicated professionals, they continue to make a significant impact on housing affordability in California.
Official website here: www.affordable-housing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The Affordable Housing Clearinghouse has received an impressive rating of 96%, reflecting strong performance in accountability and finance. This rating is based solely on their accountability measures, indicating a high level of transparency and responsible financial management. The organization boasts a fully independent board and well-structured oversight mechanisms, which are crucial for maintaining trust with stakeholders.
User feedback highlights the Clearinghouse's commitment to ethical practices and effective management. A review from a founding board member emphasizes the organization's innovation and value for low-income families, asserting that their expertise in housing issues is exemplary. This positive endorsement from professionals in the field suggests a strong community impact and a deep understanding of the challenges faced by those seeking affordable housing.
While the ratings and feedback are overwhelmingly positive, it's important to consider that the data does not provide insights into the breadth of programs or their long-term effectiveness. Nonetheless, the strong financial ratios and robust governance practices indicate that the Affordable Housing Clearinghouse is well-positioned to fulfill its mission effectively.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Affordable Housing Clearinghouse legitimate?
Affordable Housing Clearinghouse is a legitimate nonprofit organization registered as a 501(c)(3) entity. Affordable Housing Clearinghouse 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: $151,458
Professional Fundraising Fees: $0
Other Salaries and Wages: $121,740
For more financial information, click here
Official website here: www.affordable-housing.org
What is the mission statement of Affordable Housing Clearinghouse?
The Affordable Housing Clearinghouse, being a California-based not-for-profit organization, is committed to facilitating affordable housing for individuals with low to moderate income. This is achieved through various means, such as providing homebuyer education and credit counseling, reviewing and compiling loan applications, coordinating with lenders, acquiring, rehabilitating, or constructing affordable housing, and even owning and managing low-income permanent housing. The organization's goal is to make housing more accessible for those in need, thereby improving their living situations.
Official website here: www.affordable-housing.org
Who is the CEO of Affordable Housing Clearinghouse?
Brenda J Rodriguez is the Executive Dir. of Affordable Housing Clearinghouse.
Official website here: www.affordable-housing.org
What is the revenue of Affordable Housing Clearinghouse?
Affordable Housing Clearinghouse's revenue in 2023 was $818,965.
Official website here: www.affordable-housing.org
Who are the executives of Affordable Housing Clearinghouse and what are their salaries?
The average compensation at Affordable Housing Clearinghouse during 2023 was $68,300. There are 4 employees and 39 volunteers at Affordable Housing Clearinghouse.
Here are 10 key members and their salaries:
- Compensation: $151,458
- Related: $0
- Other: $24,878
- 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.affordable-housing.org
Where can I find the form 990 for Affordable Housing Clearinghouse?
Affordable Housing Clearinghouse's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.affordable-housing.org
Learn more at the official website: www.affordable-housing.org
Mission Statement of Affordable Housing Clearinghouse
The Affordable Housing Clearinghouse is a California-based not-for-profit organization, comprised of a network of lending institutions with a shared mission. This organization is dedicated to providing affordable housing options for low to moderate income individuals in Southern California. They accomplish this mission through various strategies. Firstly, they offer home buyers education and credit counseling, equipping individuals with the necessary knowledge to make informed decisions about their housing and finances.
Secondly, the Affordable Housing Clearinghouse reviews and compiles loan applications, acting as a bridge between applicants and lenders. By coordinating these applicants with suitable lenders, they facilitate the process of securing affordable housing loans. Additionally, the organization engages in activities such as acquiring, rehabilitating, or constructing affordable housing units, and then reselling them. Furthermore, they own and manage low-income permanent housing, ensuring that these residences remain affordable for their intended occupants. In essence, the Affordable Housing Clearinghouse plays a vital role in addressing the housing needs of economically disadvantaged individuals in Southern California.
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
October, 2024
Affordable Housing Clearinghouse significantly impacts the Southern California community by facilitating access to affordable housing for low to moderate income individuals. By offering comprehensive housing counseling, it empowers prospective homeowners with education on home buying and credit management. The organization plays a critical role in reviewing and compiling loan applications, effectively connecting applicants with lenders to streamline the financing process.
Additionally, it actively engages in the acquisition, rehabilitation, and construction of affordable housing units, ensuring these homes are available for resale to those who need them most. Through its management of low-income permanent housing, it provides stability and support to vulnerable populations, helping to alleviate housing insecurity in the region. Overall, the Affordable Housing Clearinghouse fosters a more inclusive housing market, promoting economic resilience and community well-being.
This information is meant to be a general summary of Affordable Housing Clearinghouse. 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: $299,839
- Program Service Revenue: $144,576
- Gross Receipts: $818,965
Assets and Liabilities:
- Total Assets: $2,583,010
- Total Liabilities: $387,357
- Net Assets: $2,195,653
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AFFORDABLE HSG RENT
Revenue
$106,392
miscellaneous revenue
Revenue
$1,785
PROGRAM FEES
Revenue
$36,399
Organization Details
Founding Year
1990
Phone
(949) 859-9255Principal Officer
Brenda J Rodriguez
Main Address
23201 LAKE CENTER DRIVE 203, LAKE FOREST, CA, 92630
Website
www.affordable-housing.orgNTEE Category
Code: L82 - Housing
If you are a representative of Affordable Housing Clearinghouse 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.