Affordable Housing Solutions For

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 650406381 ✦ Land olakes, FL ✦ Designated as a 501(c)(3)

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Overview

What is Affordable Housing Solutions For?

Affordable Housing Solutions For is a nonprofit organization dedicated to providing quality, affordable housing for low-income families. Operating under the name Affordable Housing Solutions Florida (Ahsf), they develop, own, and manage over 4500 affordable housing units across various states. Their mission is to create, preserve, and promote healthy and affordable housing for those in need, focusing on low-income, homeless, elderly, and disabled adults and families. Ahsf plays an essential role in the development of multifamily affordable housing, catering specifically to this demographic.


Official website here: www.ahsf.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 62%, earning a Two-Star out of Four Star rating.

Affordable Housing Solutions has shown commendable strengths in its cultural and community engagement, earning a perfect score in those areas. The organization also demonstrates a strong commitment to accountability with a high program expense ratio of approximately 67.95%, indicating that a significant portion of its funds is directed toward its mission-related activities. Additionally, it boasts a fully independent board and transparent practices in soliciting and utilizing feedback from stakeholders.

However, the organization faces challenges in its financial management, highlighted by a liabilities to assets ratio of 102.86%, suggesting potential financial instability. Furthermore, the absence of key policies, such as a whistleblower policy and a document retention and destruction policy, raises concerns about governance and transparency. While there are notable strengths, these limitations may impact the overall effectiveness and sustainability of the organization in the long term.


This AI summary has been generated from information found on Charity Navigator.

Is Affordable Housing Solutions For legitimate?

Affordable Housing Solutions For is a legitimate nonprofit organization registered as a 501(c)(3) entity. Affordable Housing Solutions For 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: $327,174
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ahsf.org

What is the mission statement of Affordable Housing Solutions For?

Affordable Housing Solutions For, as an organization, is committed to providing quality affordable housing for low and very-low income families. They achieve this through their not-for-profit entity, Affordable Housing Solutions Florida (Ahsf), which develops, owns, and manages over 4500 affordable housing units across various states. Ahsf's mission is to create, preserve, and promote affordable housing for those in need, specifically focusing on low-income adults, the homeless, the elderly, and the disabled. They strive to integrate into the development of multifamily affordable housing, ensuring it caters specifically to these groups.


Official website here: www.ahsf.org

Who is the CEO of Affordable Housing Solutions For?

Debra S Fleming is the Director/Secretary/Treasur of Affordable Housing Solutions For.


Official website here: www.ahsf.org

What is the revenue of Affordable Housing Solutions For?

Affordable Housing Solutions For's revenue in 2022 was $1,016,335.


Official website here: www.ahsf.org

Who are the executives of Affordable Housing Solutions For and what are their salaries?

The average compensation at Affordable Housing Solutions For during 2022 was $109,058. There are 3 employees at Affordable Housing Solutions For.


Here are 5 key members and their salaries:


Pedro Vermales (Director/Secretary/Treasur)
  • Compensation: $7,348
  • Related: $0
  • Other: $0
Debra Fleming (President/Director)
  • Compensation: $92,308
  • Related: $0
  • Other: $27,692
Tara Tempfer (Director)
  • Compensation: $500
  • Related: $0
  • Other: $0
Jacqueline Mcphillips (Director/Vice President)
  • Compensation: $43,169
  • Related: $0
  • Other: $0
Felicia David (Director)
  • Compensation: $500
  • Related: $0
  • Other: $0


Official website here: www.ahsf.org

Where can I find the form 990 for Affordable Housing Solutions For?

Affordable Housing Solutions For's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ahsf.org

Learn more at the official website: www.ahsf.org

Mission Statement of Affordable Housing Solutions For

Affordable Housing Solutions For, abbreviated as Ahsf, is a not-for-profit organization dedicated to providing quality affordable housing for families and individuals with low and very-low income. Through its mission, Ahsf works tirelessly to develop, own, and manage over 4500 affordable housing units across various states. Their primary goal is to create, preserve, and promote affordable housing for those who are most in need, including low income families, the homeless, the elderly, and disabled adults. By serving as an integral part of the multifamily housing development process, Ahsf ensures that the housing they provide is tailored specifically to meet the unique needs of these vulnerable populations. In essence, Ahsf strives to make a significant impact in the lives of those who struggle with housing affordability, thereby improving their overall quality of life.

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Impact




July, 2024

Affordable Housing Solutions For has made a significant impact by providing quality affordable housing for low and very-low income families. Through its not-for-profit organization, Affordable Housing Solutions Florida (AHSF), it has developed, owns, and services over 4500 affordable housing units in various states. Their mission to create, preserve, and promote quality healthy and affordable housing for those in need is crucial in serving low-income, homeless, elderly, and disabled individuals and families. By tailoring multifamily affordable housing specifically for these demographics, Affordable Housing Solutions For is playing a vital role in addressing the housing needs of the most vulnerable populations.




This information is meant to be a general summary of Affordable Housing Solutions For. 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.

Revenue
$1,016,335 (2022)
Expenses
$1,190,183 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $868,428
  • Gross Receipts: $1,016,335

Assets and Liabilities:

  • Total Assets: $10,316,877
  • Total Liabilities: $10,612,962
  • Net Assets: -$296,085

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$649,701

DEVELOPER FEE INCOME

Revenue

$147,857

UNCONSOLIDATED DEVELOP

Revenue

$70,870

Organization Details

Founding Year

1992

Principal Officer

Debra S Fleming

Main Address

PO BOX 2659, LAND OLAKES, FL, 34639

NTEE Category

Code: L20 - Housing

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