Overview
What is Central Alabama Housing Alliance?
The Central Alabama Housing Alliance (CAHA) is a nonprofit organization situated in Fairfield, Alabama. Established with the mission to assist low- and moderate-income individuals and families in Jefferson, Shelby, St. Clair, and Walker counties, CAHA provides quality and safe, affordable housing options. Over the past year, the organization has continued construction on six properties and sold seven properties, demonstrating its active role in the housing sector. CAHA's operations aim to bridge the gap for those lacking the necessary financial and other resources to secure housing on their own, thereby contributing positively to the local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%
The Central Alabama Housing Alliance has received a Three-Star out of Four Star rating from Charity Navigator, reflecting a score of 83%. This rating is primarily based on their Accountability & Finance score, indicating a strong commitment to financial transparency and responsible management practices. The organization has demonstrated effective governance through a fully independent board and robust oversight mechanisms.
A notable strength of the Central Alabama Housing Alliance is its commitment to maintaining financial integrity, as evidenced by a perfect score in areas such as financial statements and conflict of interest policies. The organization has no material diversion of assets and maintains a whistleblower policy, showcasing its dedication to accountability and ethical practices.
However, there are areas where the organization could improve, particularly regarding its liabilities to assets ratio, where it scored 4 out of 15 points. This suggests that while the organization is performing well in many areas, enhanced financial stability could be a focus for future development. Overall, the Central Alabama Housing Alliance appears to be a trustworthy organization committed to its mission of supporting housing in the region.
This AI summary has been generated from information found on Charity Navigator.
Is Central Alabama Housing Alliance legitimate?
Central Alabama Housing Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Alabama Housing Alliance 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: $15,027
For more financial information, click here
What is the mission statement of Central Alabama Housing Alliance?
The Central Alabama Housing Alliance (CAHA) was established with a mission to engage in activities that provide affordable, safe housing to low- and moderate-income individuals and families within Jefferson, Shelby, St. Clair, and Walker Counties in Alabama. These individuals and families often lack the necessary financial and other resources to secure such housing without the assistance provided by CAHA. The organization's primary goal is to bridge this gap and ensure that everyone has access to a decent place to live. CAHA actively works towards this objective by offering assistance and resources to those in need, thereby contributing to a more equitable housing scenario.
Who is the CEO of Central Alabama Housing Alliance?
Charles T Moore is the President of Central Alabama Housing Alliance.
What is the revenue of Central Alabama Housing Alliance?
Central Alabama Housing Alliance's revenue in 2022 was -$51,529.
Who are the executives of Central Alabama Housing Alliance and what are their salaries?
The average compensation at Central Alabama Housing Alliance during 2022 was $15,027. There is 1 employee at Central Alabama Housing Alliance.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $104,653
- Other: $10,346
- Compensation: $0
- Related: $156,466
- Other: $12,592
- Compensation: $0
- Related: $40,381
- Other: $2,423
Where can I find the form 990 for Central Alabama Housing Alliance?
Central Alabama Housing Alliance's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Central Alabama Housing Alliance
The Central Alabama Housing Alliance (CAHA) was established with a mission to engage in activities aimed at providing quality, safe, and affordable housing to individuals and families with low and moderate incomes who reside in Jefferson, Shelby, St. Clair, and Walker counties of Alabama. This nonprofit organization understands that many individuals and families in these areas lack the financial and other resources necessary to secure such housing without assistance. As a result, CAHA steps in to bridge this gap, providing the much-needed assistance to help these individuals and families obtain the housing they require. By doing so, CAHA plays a crucial role in improving the living conditions of these individuals and families, thereby contributing to the overall well-being of their communities.
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Impact
October, 2024
Central Alabama Housing Alliance (CAHA) significantly impacts the communities of Jefferson, Shelby, St. Clair, and Walker Counties in Alabama by providing quality, safe, and affordable housing to low- and moderate-income individuals and families. The organization addresses the pressing need for housing assistance among those who lack the financial resources to secure adequate housing on their own.
Over the past year, CAHA has been actively engaged in construction and home sales, completing six new properties and successfully selling seven homes. This not only contributes to the expansion of affordable housing options in the region but also allows families to achieve stability and security in their living environments. By fostering these developments, CAHA enhances community well-being and supports economic growth within the areas it serves.
This information is meant to be a general summary of Central Alabama Housing Alliance. 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 2022.
- Investment Income: -$286,533
- Program Service Revenue: -$178,712
- Gross Receipts: $235,974
Assets and Liabilities:
- Total Assets: $1,550,862
- Total Liabilities: $839,130
- Net Assets: $711,732
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NEW CONSTRUCTION SALES
Revenue
-$178,712
Organization Details
Founding Year
2013
Phone
(205) 780-1234Principal Officer
Charles T Moore
Main Address
4408 LLOYD NOLAND PKWY, FAIRFIELD, AL, 350641467
NTEE Category
Code: L20 - Housing
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