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American Foundation For Affordable Housing (Kingsport) Inc

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

EIN: 522151246 ✦ Williamsburg, VA ✦ Designated as a 501(c)(3)

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Overview

What is American Foundation For Affordable Housing (Kingsport) Inc?

American Foundation For Affordable Housing (Kingsport) Inc, situated in Williamsburg, Virginia, is a nonprofit organization that is committed to providing affordable housing for the elderly and economically disadvantaged. The organization has demonstrated its mission by issuing a loan to an entity that specializes in low-income housing. Their primary activity revolves around offering affordable housing solutions, contributing to the well-being of their community.

Is American Foundation For Affordable Housing (Kingsport) Inc legitimate?

American Foundation For Affordable Housing (Kingsport) Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Foundation For Affordable Housing (Kingsport) 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of American Foundation For Affordable Housing (Kingsport) Inc?

The American Foundation For Affordable Housing, in its mission, aims to provide affordable housing solutions for the elderly and economically disadvantaged individuals. This organization strives to make housing accessible and affordable for those in need, thereby contributing to a more equitable living situation. Recently, the foundation has issued a loan to an entity specializing in low-income housing, furthering its commitment to this cause. The organization's primary objective remains focused on addressing the housing needs of those who are financially challenged, ensuring they have a place to call home.

Who is the CEO of American Foundation For Affordable Housing (Kingsport) Inc?

Norman B Gold is the Vice Preside of American Foundation For Affordable Housing (Kingsport) Inc.

What is the revenue of American Foundation For Affordable Housing (Kingsport) Inc?

American Foundation For Affordable Housing (Kingsport) Inc's revenue in 2022 was $116,024.

Who are the executives of American Foundation For Affordable Housing (Kingsport) Inc and what are their salaries?


Here are 3 key members and their salaries:


Donald Allison (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norman B Gold (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
B Hunt Whitbeck Jr (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for American Foundation For Affordable Housing (Kingsport) Inc?

American Foundation For Affordable Housing (Kingsport) Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of American Foundation For Affordable Housing (Kingsport) Inc

The American Foundation for Affordable Housing (Kingsport) Inc is committed to providing affordable housing options for the elderly and economically disadvantaged individuals. This mission is at the heart of the organization's activities, aiming to make housing accessible for those who might otherwise struggle to secure it. By issuing loans to entities that specialize in low-income housing, the American Foundation for Affordable Housing (Kingsport) Inc contributes to the creation and maintenance of affordable living spaces, thereby enhancing the quality of life for its target demographic. The organization's mission is a testament to its dedication to addressing housing inequalities and promoting social justice.

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Impact




October, 2024

American Foundation For Affordable Housing (Kingsport) Inc plays a vital role in addressing the housing needs of the elderly and economically disadvantaged populations. By providing affordable housing options, the organization significantly improves the quality of life for individuals who may otherwise struggle to secure stable living conditions.

The impact is highlighted by their initiative to extend loans to entities focused on low-income housing, enabling the construction and maintenance of affordable living spaces. This effort not only helps to alleviate the housing crisis for vulnerable groups in places like Williamsburg, VA, but also fosters community stability and economic resilience. Overall, their work contributes to a more inclusive society by ensuring that everyone has access to safe and affordable housing.




This information is meant to be a general summary of American Foundation For Affordable Housing (Kingsport) 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
$116,024 (2022)
Expenses
$610,015 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $116,024
  • Gross Receipts: $116,024

Assets and Liabilities:

  • Total Assets: $2,970,612
  • Total Liabilities: $0
  • Net Assets: $2,970,612

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Programs

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

INTEREST INCOME

Revenue

$116,024

Organization Details

Founding Year

1999

Principal Officer

Norman B Gold

Main Address

2084 HORNES LAKE ROAD, WILLIAMSBURG, VA, 23185

NTEE Category

Code: L210 - Housing

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