Overview
What is Bluegrass Affordable Housing Association?
Bluegrass Affordable Housing Association is a nonprofit organization dedicated to revitalizing its community by providing affordable home loans to low-income individuals. They achieve this by distributing grants to other eligible non-profit organizations, with the condition that the funds are exclusively utilized for offering home loans to those in financial need. By doing so, the association aims to enhance the overall livability and prosperity of the community.
Is Bluegrass Affordable Housing Association legitimate?
Bluegrass Affordable Housing Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bluegrass Affordable Housing Association submitted a form 990EZ, 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.
What is the mission statement of Bluegrass Affordable Housing Association?
The Bluegrass Affordable Housing Association's mission revolves around revitalizing communities by offering financial aid to other non-profit organizations. This aid is specifically intended for home loans to individuals with low income levels. By providing affordable housing options, the association aims to enhance the community, improving living conditions for those in need. The grants issued by the association are strictly stipulated to be used for this purpose, thereby contributing to the overall betterment of the community.
Who is the CEO of Bluegrass Affordable Housing Association?
Brenda Weaver is the President of Bluegrass Affordable Housing Association.
What is the revenue of Bluegrass Affordable Housing Association?
Bluegrass Affordable Housing Association's revenue in 2021 was $4,644.
Who are the executives of Bluegrass Affordable Housing Association and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $152,227
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $235,141
- Related: $0
- Other: $0
Where can I find the form 990EZ for Bluegrass Affordable Housing Association?
Bluegrass Affordable Housing Association's most recent form 990EZ was submitted in 2021 and can be accessed here.
Mission Statement of Bluegrass Affordable Housing Association
Bluegrass Affordable Housing Association is a non-profit organization with a mission to revitalize communities by providing affordable home loans to low-income individuals. This association grants funds to other non-profit entities, with a condition that these funds are used specifically for offering home loans to individuals who fall under the low-income bracket. By doing so, Bluegrass Affordable Housing Association aims to contribute to the betterment of communities by making homeownership more accessible to those who might otherwise struggle with the financial burden. This initiative not only helps individuals secure a place to call their own but also contributes to the overall revitalization of the community.
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Impact
August, 2024
Bluegrass Affordable Housing Association's impact is significant in revitalizing the community by providing affordable home loans to low-income individuals. Through grants made to other non-profit organizations with the stipulation that these grants are used for home loans, Bluegrass Affordable Housing Association is actively working towards the goal of ensuring access to housing for those in need in LEXINGTON, KY. Their focus on affordable housing directly contributes to the improvement of living conditions and economic stability for low-income individuals in the community.
This information is meant to be a general summary of Bluegrass Affordable Housing Association. 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 2021.
- Program Service Revenue: $4,644
- Gross Receipts: $4,644
Assets and Liabilities:
- Total Assets: $457,066
- Total Liabilities: $475,122
- Net Assets: -$18,056
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Organization Details
Phone
(859) 231-0054Principal Officer
Brenda Weaver
Main Address
1450 N BROADWAY, LEXINGTON, KY, 40505
NTEE Category
Code: L80 - Housing
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