Overview
What is Center For Affordable Housing Inc?
The Center for Affordable Housing Inc, situated in Sanford, Florida, is a dedicated nonprofit organization. Its primary mission is to cater to the housing needs of low-income families and individuals in the Central Florida area. By purchasing and refurbishing homes, this organization offers affordable rental opportunities for eligible residents. The income generated from rent and fees is utilized to cover mortgage payments, taxes, insurance, repairs, and other associated costs. In essence, the Center for Affordable Housing Inc plays a crucial role in ensuring that low-income families have access to secure and reasonably priced housing.
Is Center For Affordable Housing Inc legitimate?
Center For Affordable Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center For Affordable Housing 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.
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What is the mission statement of Center For Affordable Housing Inc?
The Center for Affordable Housing Inc's mission is centered around providing safe, secure, and reasonably priced housing, along with associated services, for individuals and families with limited income. This nonprofit organization actively works towards making housing more accessible by purchasing and refurbishing homes, which are then rented out to eligible low-income households. The income generated from rent and fees is utilized to cover mortgage payments, taxes, insurance, repairs, and other related expenses, ensuring the continued availability of affordable housing options.
Who is the CEO of Center For Affordable Housing Inc?
Stephen R Cold is the President of Center For Affordable Housing Inc.
What is the revenue of Center For Affordable Housing Inc?
Center For Affordable Housing Inc's revenue in 2022 was $149,398.
Who are the executives of Center For Affordable Housing Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Center For Affordable Housing Inc?
Center For Affordable Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Center For Affordable Housing Inc
The Center for Affordable Housing Inc is committed to a mission that prioritizes providing safe, secure, and reasonably priced housing, along with associated housing services, to those with limited income residing in Central Florida. This nonprofit organization strives to assist low-income families and individuals in securing affordable housing options within the Central Florida area. To achieve this mission, the Center for Affordable Housing Inc purchases homes and works on refurbishing them, making them suitable for rental to eligible low-income households. The revenue generated from rent and fees is utilized to cover various expenses related to mortgage payments, taxes, insurance, repairs, and other costs associated with reconditioning the properties. By offering affordable housing options, the Center for Affordable Housing Inc aims to contribute to improving the living conditions of low-income residents in Central Florida.
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Impact
October, 2024
Center For Affordable Housing Inc significantly impacts the Central Florida community by providing safe, secure, and affordable housing to low-income families and individuals. By acquiring and rehabilitating homes, the organization creates rental opportunities that help stabilize housing for those in need. This initiative not only addresses immediate housing challenges but also fosters a sense of community and security among residents. The organization carefully manages its operations, using rental income to cover essential costs like mortgages, taxes, and repairs, ensuring sustainability and continued support for those it serves. Its commitment to enhancing living conditions contributes to the overall well-being of Central Florida's low-income population, fostering healthier communities and improving the quality of life for many.
This information is meant to be a general summary of Center For Affordable Housing 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.
- Investment Income: $122,563
- Program Service Revenue: $26,835
- Gross Receipts: $276,923
Assets and Liabilities:
- Total Assets: $258,773
- Total Liabilities: $137,474
- Net Assets: $121,299
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$26,835
Organization Details
Founding Year
1981
Principal Officer
Stephen R Cold
Main Address
2524 South Park Dr, Sanford, FL, 327735147
NTEE Category
Code: L99 - Housing
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