Overview
What is Atlanta Affordable Housing For The Future Inc?
Atlanta Affordable Housing For The Future Inc is a nonprofit organization situated in Atlanta, Georgia. Their primary mission is to contribute to the revitalization of distressed public housing projects owned by the Atlanta Housing Authority (AHA). They achieve this by investing in limited partnership interests in the related development projects or the general partner of these projects, as part of various public/private partnerships that manage mixed-income rental communities. By doing so, this nonprofit organization aims to improve the living conditions of those residing in these areas.
Is Atlanta Affordable Housing For The Future Inc legitimate?
Atlanta Affordable Housing For The Future Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Atlanta Affordable Housing For The Future 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
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What is the mission statement of Atlanta Affordable Housing For The Future Inc?
Atlanta Affordable Housing For The Future Inc's mission is centered around revitalizing distressed public housing projects. The organization achieves this by holding limited partnership interests in related development projects, either directly or through the general partner of these partnerships. These partnerships involve both public and private entities, and they collectively own mixed-income rental communities. In essence, Atlanta Affordable Housing For The Future Inc contributes to the renovation and transformation of distressed public housing projects, aiming to improve living conditions and promote community development.
Who is the CEO of Atlanta Affordable Housing For The Future Inc?
Kenneth Sadeckas is the Secretary of Atlanta Affordable Housing For The Future Inc.
What is the revenue of Atlanta Affordable Housing For The Future Inc?
Atlanta Affordable Housing For The Future Inc's revenue in 2022 was $93,330.
Who are the executives of Atlanta Affordable Housing For The Future Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $257,246
- Other: $0
- Compensation: $0
- Related: $483,651
- Other: $0
- Compensation: $0
- Related: $120,408
- Other: $0
Where can I find the form 990 for Atlanta Affordable Housing For The Future Inc?
Atlanta Affordable Housing For The Future Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Atlanta Affordable Housing For The Future Inc
Atlanta Affordable Housing For The Future Inc's mission is centered around revitalizing distressed public housing projects. The organization achieves this by investing in limited partnership interests, either in the development project partnership or the general partner of related public-private partnerships that own mixed-income rental communities. By participating in these ventures, Atlanta Affordable Housing For The Future Inc contributes to the restoration and improvement of distressed public housing projects, aiming to create more livable and sustainable communities.
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Impact
October, 2024
Atlanta Affordable Housing For The Future Inc actively contributes to the revitalization of distressed public housing projects owned by the Atlanta Housing Authority. By holding limited partnership interests in development projects, the organization plays a crucial role in transforming these sites into mixed-income rental communities. This effort addresses the pressing need for affordable housing in Atlanta, promoting economic diversity and stability within neighborhoods.
The impact of the organization is evident in its collaborative approach, working closely with both public and private partners to improve living conditions and foster community development. Through its initiatives, it not only enhances housing quality but also supports local economies, providing residents with better opportunities for growth and well-being.
This information is meant to be a general summary of Atlanta Affordable Housing For The Future 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $93,330
- Gross Receipts: $93,330
Assets and Liabilities:
- Total Assets: $319,163
- Total Liabilities: $0
- Net Assets: $319,163
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DISTRIBUTION INCOME
Revenue
$60,503
PARTNERSHIP INCOME
Revenue
$32,827
Organization Details
Founding Year
1995
Phone
(404) 892-4700Principal Officer
Kenneth Sadeckas
Main Address
230 JOHN WESLEY DOBBS AVENUE, ATLANTA, GA, 303032429
NTEE Category
Code: L99Z - Housing
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