Overview
What is Council For Affordable & Rural Housing?
The Council for Affordable & Rural Housing is a prominent national nonprofit organization situated in Alexandria, Virginia. With over four decades of experience, it has become a leading advocate for affordable housing financing, development, and management. During periods of proposed budget cuts in housing, the council has actively supported realistic funding. It played a significant role in establishing the Low Income Housing Tax Credit and continuously monitors tax proposals to safeguard and improve provisions for affordable housing construction. On the management side, the council promotes necessary legislation to protect rental housing subsidies and the ability of its members to effectively manage their federally assisted properties. Representing the views and concerns of its members, the council engages with Congress, the Department of the Treasury, Rural Housing Service, HUD, and other agencies. With a workforce of four individuals, the council serves as a valuable resource for builders, owners, developers, managers, non-profits, housing authorities, syndicators, accountants, architects, attorneys, bankers, and companies supplying goods and services to the industry.
Official website here: www.carh.org
Is Council For Affordable & Rural Housing legitimate?
Council For Affordable & Rural Housing is a legitimate nonprofit organization registered as a 501(c)(6) entity. Council For Affordable & Rural Housing 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: $195,811
Professional Fundraising Fees: $0
Other Salaries and Wages: $217,148
For more financial information, click here
Official website here: www.carh.org
What is the mission statement of Council For Affordable & Rural Housing?
The Council for Affordable & Rural Housing, established in 1980, serves as a leading advocate for the financing, development, and management of affordable housing. Despite proposed budget cuts in housing by both Congress and the administration, the council has consistently advocated for realistic funding. The organization has played a significant role in the development of the Low Income Housing Tax Credit and monitors tax proposals to protect and enhance provisions that enable the construction of affordable housing. On the management side, the council advocates for necessary legislation to safeguard rental housing subsidies and enable its members to effectively manage their federally assisted properties. The Council for Affordable & Rural Housing represents the views and concerns of its members before Congress, relevant officials at the Department of the Treasury, Rural Housing Service, HUD, and various other agencies. Its membership includes builders, owners, developers, managers, non-profits, housing authorities, syndicators, accountants, architects, lawyers, bankers, and companies supplying goods and services to the industry.
Official website here: www.carh.org
What is the revenue of Council For Affordable & Rural Housing?
Council For Affordable & Rural Housing's revenue in 2023 was $1,571,247.
Official website here: www.carh.org
Who are the executives of Council For Affordable & Rural Housing and what are their salaries?
The average compensation at Council For Affordable & Rural Housing during 2023 was $103,240. There are 4 employees at Council For Affordable & Rural Housing.
Here are 22 key members and their salaries:
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- Compensation: $172,500
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- Other: $23,311
Official website here: www.carh.org
Where can I find the form 990 for Council For Affordable & Rural Housing?
Council For Affordable & Rural Housing's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.carh.org
Learn more at the official website: www.carh.org
Mission Statement of Council For Affordable & Rural Housing
The Council for Affordable & Rural Housing, a prominent national organization established in 1980, serves as a leading advocate for the financing, development, and management of affordable housing. Over the years, the council has become instrumental in shaping policies that support affordable housing, even during challenging economic times when budget cuts were proposed for housing. The council has played a significant role in the development of the Low Income Housing Tax Credit and closely monitors tax proposals to safeguard and improve provisions that enable the construction of affordable housing. On the management side, Council for Affordable & Rural Housing advocates for necessary legislation to protect rental housing subsidies and empower its members to manage their federally assisted properties effectively. The council represents the views and concerns of its diverse membership, which includes builders, owners, developers, non-profits, housing authorities, and various industry professionals, before Congress and relevant government agencies such as the Department of the Treasury, Rural Housing Service, HUD, and state housing finance agencies.
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Impact
October, 2024
The Council for Affordable & Rural Housing (CARH) has significantly influenced the landscape of affordable housing in the United States since its establishment in 1980. As a national advocate, it plays a crucial role in the financing, development, and management of affordable housing, particularly in rural areas. CARH has been instrumental in shaping policies to secure realistic funding levels for housing programs, especially during challenging political climates where budget cuts are often proposed.
One of CARH's key contributions has been in the development and promotion of the Low-Income Housing Tax Credit, which is pivotal for the construction of affordable housing. The organization continuously monitors tax proposals to protect and enhance provisions that facilitate this process. Furthermore, CARH actively advocates for legislation that safeguards rental housing subsidies, ensuring its members can efficiently manage their federally assisted properties.
In addition to its advocacy efforts, CARH fosters a collaborative environment through seminars and meetings, providing educational resources and updates on regulatory and legislative changes affecting affordable housing. By representing the collective views of its members—including builders, owners, developers, and service providers—CARH effectively communicates the needs and concerns of the affordable housing community to Congress and relevant government agencies.
Overall, CARH’s impact is profound as it nurtures a supportive infrastructure for affordable rural housing, ultimately aiming to improve community well-being and mitigate housing challenges across the nation.
This information is meant to be a general summary of Council For Affordable & Rural Housing. 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: $2,457
- Program Service Revenue: $840,890
- Gross Receipts: $1,571,247
Assets and Liabilities:
- Total Assets: $366,025
- Total Liabilities: $11,738
- Net Assets: $354,287
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Meetings and seminars
Revenue
$427,120
Membership dues
Revenue
$311,570
Education and training
Revenue
$69,650
Sponsorships
Revenue
$23,000
Publications and subscriptions
Revenue
$9,550
Organization Details
Founding Year
1980
Principal Officer
Colleen M Fisher
Website
www.carh.orgNTEE Category
Code: S41C - Community improvement
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