Overview
What is Affordable Housing Solutions?
Affordable Housing Solutions, based in Decatur, Georgia, is a dedicated nonprofit organization with a focus on providing housing for individuals with low incomes. They specialize in projects that cater to the unique needs of vulnerable households. The organization's primary role involves managing and ensuring compliance for its low-income housing property portfolio. In addition, they actively pursue funding opportunities, such as grants and public financing, to support their housing projects. Their mission extends beyond this, as they also explore development prospects for future low-income housing initiatives. With a small team of two dedicated individuals, Affordable Housing Solutions is committed to enhancing living conditions for those in need.
Official website here: www.ahshome.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%
Affordable Housing Solutions has received a Three-Star out of Four Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The overall score is derived entirely from the Accountability & Finance beacon, where it scored 84%. This score reflects the organization’s commitment to financial integrity and transparency, making it a trustworthy option for potential donors.
The organization excels in several areas, including having a majority of independent board members and a strong audit and oversight committee, both of which contribute to its high accountability rating. With a program expense ratio of 100%, it demonstrates an effective use of funds directly towards its mission of providing affordable housing solutions. Additionally, the nonprofit maintains proper financial records and ensures that its tax forms are publicly available, which further enhances its credibility.
However, there are some areas for improvement. Affordable Housing Solutions is noted to be missing key policies, such as a conflict of interest policy and a whistleblower policy, which can be critical for maintaining organizational integrity. While its financial management is commendable, addressing these policy gaps could help strengthen its governance framework further.
This AI summary has been generated from information found on Charity Navigator.
Is Affordable Housing Solutions legitimate?
Affordable Housing Solutions is a legitimate nonprofit organization registered as a 501(c)(3) entity. Affordable Housing Solutions 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: $204,166
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.ahshome.org
What is the mission statement of Affordable Housing Solutions?
Affordable Housing Solutions is established with the purpose of promoting and developing high-quality housing for individuals with low incomes, with a particular focus on projects catering to households with special needs. The organization's mission is centered around fostering such housing projects, aiming to provide a decent living space for those who may otherwise struggle to afford it. In addition to this, Affordable Housing Solutions plays a crucial role in asset management and compliance reporting for its low-income housing property portfolio. The organization also actively pursues financing opportunities for its housing projects, including grants and public funding, and explores development prospects for other low-income housing projects.
Official website here: www.ahshome.org
Who is the CEO of Affordable Housing Solutions?
Judith Caira is the President of Affordable Housing Solutions.
Official website here: www.ahshome.org
What is the revenue of Affordable Housing Solutions?
Affordable Housing Solutions's revenue in 2022 was $675,949.
Official website here: www.ahshome.org
Who are the executives of Affordable Housing Solutions and what are their salaries?
The average compensation at Affordable Housing Solutions during 2022 was $102,083. There are 2 employees at Affordable Housing Solutions.
Here are 6 key members and their salaries:
- Compensation: $100,000
- Related: $0
- Other: $0
- Compensation: $104,166
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ahshome.org
Where can I find the form 990 for Affordable Housing Solutions?
Affordable Housing Solutions's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ahshome.org
Learn more at the official website: www.ahshome.org
Mission Statement of Affordable Housing Solutions
Affordable Housing Solutions, as an organization, is dedicated to promoting and fostering the development and operation of high-quality housing for individuals with low incomes. The nonprofit has a particular focus on projects that cater to the unique needs of special needs households. By undertaking this mission, Affordable Housing Solutions seeks to address the housing challenges faced by a significant portion of the population, ensuring they have access to safe and suitable living spaces. The organization's efforts extend beyond mere housing provision; it also works on obtaining and closing financing for its housing projects, utilizing grants and other public funding sources. Furthermore, Affordable Housing Solutions continues to pursue development opportunities for other low-income housing projects, demonstrating its commitment to expanding its reach and impact in the housing sector.
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Impact
July, 2024
Affordable Housing Solutions impacts the community by fostering, developing, and operating quality housing for people with low incomes, with a focus on projects targeting special needs households. The organization provides asset management and compliance reporting for its low-income housing property portfolio. They work to obtain and close financing for housing projects, including grants and other public funding, and pursue development opportunities for additional low-income housing projects. Through these efforts, Affordable Housing Solutions plays a crucial role in providing affordable and stable housing options for individuals and families in need.
This information is meant to be a general summary of Affordable Housing Solutions. 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: $3,000
- Program Service Revenue: $565,625
- Gross Receipts: $675,949
Assets and Liabilities:
- Total Assets: $8,221,121
- Total Liabilities: $3,855,500
- Net Assets: $4,365,621
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPER FEES
Revenue
$477,000
OTHER FEES
Revenue
$60,000
PROFESSIONAL FEES
Revenue
$28,625
Organization Details
Founding Year
1989
Phone
(404) 876-5895Principal Officer
Judith Caira
Main Address
235 PONCE DE LEON PL M313, DECATUR, GA, 30030
Website
www.ahshome.orgNTEE Category
Code: L20Z - Housing
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