Overview
What is Arlington Housing Corporation Service Co?
Arlington Housing Corporation Service Co is a nonprofit organization situated in Arlington, Virginia. Their primary mission revolves around leasing and selling land that accommodates affordable housing apartment communities. The proceeds and resulting interest income generated from these transactions are then utilized to grant funds to the supported organization, AHC, Inc. This nonprofit contributes to the provision of affordable housing in the community, thereby providing a crucial service to those in need.
Official website here: www.ahcinc.org
Is Arlington Housing Corporation Service Co legitimate?
Arlington Housing Corporation Service Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arlington Housing Corporation Service Co 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
Official website here: www.ahcinc.org
What is the mission statement of Arlington Housing Corporation Service Co?
Arlington Housing Corporation Service Co's mission revolves around leasing and selling land that serves as the foundation for affordable housing apartment communities. This organization's primary goal is to contribute to the construction and use of these communities, which cater to individuals with limited income. The proceeds from the land sales and the resulting interest income are then utilized to provide grants to a supported organization, AHC, Inc. This ongoing cycle allows for the continuous provision of resources to support the construction and maintenance of affordable housing.
Official website here: www.ahcinc.org
Who is the CEO of Arlington Housing Corporation Service Co?
Paul Bernard is the President of Arlington Housing Corporation Service Co.
Official website here: www.ahcinc.org
What is the revenue of Arlington Housing Corporation Service Co?
Arlington Housing Corporation Service Co's revenue in 2022 was $211,174.
Official website here: www.ahcinc.org
Who are the executives of Arlington Housing Corporation Service Co and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $224,463
- Other: $9,516
- Compensation: $0
- Related: $136,529
- Other: $7,164
- Compensation: $0
- Related: $258,482
- Other: $34,227
- Compensation: $0
- Related: $220,882
- Other: $180
- Compensation: $0
- Related: $275,734
- Other: $27,373
- Compensation: $0
- Related: $206,692
- Other: $21,809
- Compensation: $0
- Related: $191,624
- Other: $30,003
Official website here: www.ahcinc.org
Where can I find the form 990 for Arlington Housing Corporation Service Co?
Arlington Housing Corporation Service Co'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 Arlington Housing Corporation Service Co
Arlington Housing Corporation Service Co, as a nonprofit organization, is dedicated to leasing and selling land that serves as the foundation for affordable housing apartment communities. Their mission is to provide financial support for this cause. To achieve this, they sell land intended for the construction of low-income housing. The profits and subsequent interest income generated from these sales are then used to grant funds to AHC, Inc., a supported organization. This process allows Arlington Housing Corporation Service Co to contribute to the provision of affordable housing, thereby making a significant impact on the lives of those in need.
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Impact
October, 2024
Arlington Housing Corporation Service Co plays a vital role in addressing the affordable housing crisis in Arlington, Virginia. By leasing and selling land designated for low-income housing, the organization actively facilitates the development of affordable apartment communities. This initiative not only provides essential housing options for low-income residents but also contributes to the broader goal of community stability and economic diversity.
The proceeds from these land transactions, along with the resulting interest income, are utilized to fund grants for AHC, Inc., an organization dedicated to enhancing housing opportunities and support services for the vulnerable populations in the area. Through this model, Arlington Housing Corporation Service Co ensures a continuous flow of resources aimed at improving housing accessibility, thereby making a significant impact on the lives of residents in the community.
This information is meant to be a general summary of Arlington Housing Corporation Service Co. 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.
- Program Service Revenue: $211,174
- Gross Receipts: $211,174
Assets and Liabilities:
- Total Assets: $1,753,640
- Total Liabilities: $630,611
- Net Assets: $1,123,029
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER RENT - GROUND LE
Revenue
$168,000
INTEREST INCOME
Revenue
$43,174
Organization Details
Founding Year
1982
Phone
(703) 486-0626Principal Officer
Paul Bernard
Main Address
2230 NORTH FAIRFAX DRIVE 100, ARLINGTON, VA, 22201
Website
www.ahcinc.orgNTEE Category
Code: L20 - Housing
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