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Greater Baltimore Ahc Inc

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

EIN: 331084573 ✦ Arlington, VA ✦ Designated as a 501(c)(3)

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Overview

What is Greater Baltimore Ahc Inc?

Greater Baltimore Ahc Inc, established in 2004, is a nonprofit organization based in Arlington, Virginia. Committed to affordable housing, they develop, preserve, and provide high-quality homes to low and moderate-income families and individuals. Their holistic approach to housing involves innovative real estate strategies paired with life-enhancing programs for residents. As a subsidiary of Ahc Inc, they manage 11 multifamily communities, offering over 2,100 apartment and townhome homes in Baltimore City, Baltimore County, and suburban Maryland. Beyond housing, Greater Baltimore Ahc Inc operates community centers, providing various social services to help residents build more stable and successful lives. Their team of 15 dedicated employees plays a crucial role in achieving this mission.


Official website here: www.ahcinc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77%, Three-Star out of Four Star rating.

Greater Baltimore AHC Inc has achieved a respectable score of 77%, indicating a solid level of accountability and transparency in its operations. This rating reflects a comprehensive assessment based on various beacons, where the organization excels particularly in Leadership & Adaptability (100) and Culture & Community (97). The Program Expense Ratio is notably high at 98.54%, showcasing strong financial management regarding program expenditures.

The organization has established robust policies, including a Conflict of Interest Policy, Whistleblower Policy, and Document Retention and Destruction Policy, all scoring full marks. However, its Accountability & Finance score of 69 suggests there might be areas for improvement. While the nonprofit shows strengths in governance and community engagement, boosting financial oversight could enhance its credibility further.

Overall, Greater Baltimore AHC Inc stands out for its effective leadership and community involvement. Continued focus on financial accountability could bolster its rating, ensuring sustained trust and support from donors and stakeholders.


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

Is Greater Baltimore Ahc Inc legitimate?

Greater Baltimore Ahc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Baltimore Ahc 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: $236,286
Professional Fundraising Fees: $0
Other Salaries and Wages: $593,464

For more financial information, click here


Official website here: www.ahcinc.org

What is the mission statement of Greater Baltimore Ahc Inc?

Greater Baltimore Ahc Inc's mission is centered around the development and provision of affordable housing for low and moderate-income families and individuals. Beyond housing, the organization offers a range of social services through its community centers, aiming to help residents build more stable and successful lives. Greater Baltimore Ahc Inc takes a holistic approach to affordable housing, implementing innovative real estate development strategies and integrating them with life-changing programs for its residents. Founded in 2004, the organization manages 11 multifamily communities, providing over 2,100 apartment and townhome homes in Baltimore City, Baltimore County, and suburban Maryland. As a subsidiary of Ahc Inc., based in Arlington, VA, Greater Baltimore Ahc Inc continues to expand its services and impact in the affordable housing sector.


Official website here: www.ahcinc.org

Who is the CEO of Greater Baltimore Ahc Inc?

Paul Bernard is the President & Ceo of Greater Baltimore Ahc Inc. The CEO's salary of Greater Baltimore Ahc Inc is $0 and their total compensation is $233,979.


Official website here: www.ahcinc.org

What is the revenue of Greater Baltimore Ahc Inc?

Greater Baltimore Ahc Inc's revenue in 2022 was $1,162,600.


Official website here: www.ahcinc.org

Who are the executives of Greater Baltimore Ahc Inc and what are their salaries?

The average compensation at Greater Baltimore Ahc Inc during 2022 was $55,317. There are 15 employees and 27 volunteers at Greater Baltimore Ahc Inc.


Here are 8 key members and their salaries (Greater Baltimore Ahc Inc's CEO's salary is $0 and their total compensation is $233,979):


Paul Bernard (President & Ceo)
  • Compensation: $0
  • Related: $224,463
  • Other: $9,516
Susan Cunningham (Interim President Until 11/22)
  • Compensation: $0
  • Related: $136,529
  • Other: $7,164
Steve Yeatman (Treasurer & Cfo)
  • Compensation: $0
  • Related: $275,734
  • Other: $27,373
Mary Claire Davis (Secretary & Vice President)
  • Compensation: $213,706
  • Related: $0
  • Other: $22,580
Scott Kashnow (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Harney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beverly Willis (Senior Asset Manager)
  • Compensation: $129,047
  • Related: $0
  • Other: $11,011
Kerina Spencer (Development Manager)
  • Compensation: $113,391
  • Related: $0
  • Other: $7,845


Official website here: www.ahcinc.org

Where can I find the form 990 for Greater Baltimore Ahc Inc?

Greater Baltimore Ahc Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ahcinc.org

Learn more at the official website: www.ahcinc.org

Mission Statement of Greater Baltimore Ahc Inc

Greater Baltimore AHC Inc, a nonprofit organization, is committed to building, preserving, and providing high-quality, affordable housing for low and moderate-income families and individuals. Their mission extends beyond just housing; they aim to help communities thrive. In their community centers, they offer a wide array of social services to assist residents in building more stable and successful lives.

Greater Baltimore AHC Inc takes a holistic approach to affordable housing. They employ innovative real estate development and acquisition strategies, pairing them with life-changing programs for their residents. Founded in 2004, this growing organization now manages 11 multifamily communities, providing over 2,100 apartment and townhome homes to low-income and extremely low-income residents in Baltimore City, Baltimore County, and suburban Maryland. By doing so, Greater Baltimore AHC Inc is making a significant impact, contributing to the betterment of the lives of many families and individuals in need.

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Impact




October, 2024

Greater Baltimore AHC Inc significantly impacts the lives of low and moderate-income families and individuals by enhancing access to affordable housing. With a comprehensive approach to multifamily housing development, the organization provides innovative real estate solutions combined with essential life-enhancing programs.

Since its inception in 2004, Greater Baltimore AHC has established a portfolio of 11 multifamily communities, offering over 2,100 housing units in Baltimore City, Baltimore County, and suburban Maryland. This contribution not only addresses the pressing need for affordable housing but also fosters community stability and supports residents in achieving better living conditions.

The organization emphasizes a holistic strategy, pairing quality housing with a broad spectrum of social services via community centers. These programs are designed to empower residents, helping them to build more stable and successful lives overall. By focusing on both housing and supportive services, Greater Baltimore AHC Inc plays a crucial role in not just providing homes, but in nurturing thriving communities throughout the region.




This information is meant to be a general summary of Greater Baltimore Ahc 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.

Revenue
$1,162,600 (2022)
Expenses
$1,331,320 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8,590
  • Program Service Revenue: $782,760
  • Gross Receipts: $1,162,600

Assets and Liabilities:

  • Total Assets: $13,018,627
  • Total Liabilities: $8,631,711
  • Net Assets: $4,386,916

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FEE INCOME

Revenue

$499,941

NOTES RECEIVABLE INTER

Revenue

$269,006

RENT

Revenue

$13,080

MISCELLANEOUS INCOME

Revenue

$733

Organization Details

Founding Year

2004

Principal Officer

Paul Bernard

Main Address

2230 NORTH FAIRFAX DRIVE 100, ARLINGTON, VA, 22201

NTEE Category

Code: L21 - Housing

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