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Affordable Homeownership Foundation Inc

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

EIN: 651046928 ✦ Fort myers, FL ✦ Designated as a 501(c)(3)

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Overview

What is Affordable Homeownership Foundation Inc?

Affordable Homeownership Foundation Inc is a dedicated nonprofit organization that provides various counseling services to families and individuals annually. Their offerings include homebuyer education, pre-purchase guidance, post-purchase assistance, and non-delinquency support after purchase. Furthermore, they extend their services to rental counseling and mortgage assistance. Their mission is geared towards empowering individuals and families in making informed decisions related to homeownership and maintaining financial stability in this area.


Official website here: www.ahf.today

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100%

The Affordable Homeownership Foundation Inc has achieved an outstanding four-star rating from Charity Navigator, indicating a strong commitment to transparency, accountability, and financial health. With perfect scores across all evaluated categories, including accountability, impact, and community engagement, the organization demonstrates effective governance and sound financial management. The presence of a fully independent board and established policies further enhances its credibility.

User feedback highlights the significant impact the organization has on vulnerable populations, including veterans, seniors, and individuals with disabilities. Many clients have shared positive experiences, emphasizing how the foundation's services, such as financial literacy education and housing support, have transformed their lives. The organization's adaptability during challenging times, particularly throughout the pandemic, shows its resilience and commitment to serving clients effectively.

Despite the overwhelmingly positive reviews, some challenges exist, such as the reliance on grants and donations to sustain operations. However, the organization's strategic goals include diversifying revenue streams and increasing grant funding to enhance sustainability. Overall, the Affordable Homeownership Foundation is recognized as a vital resource in the community, dedicated to helping individuals achieve housing stability and financial literacy.


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

Is Affordable Homeownership Foundation Inc legitimate?

Affordable Homeownership Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Affordable Homeownership Foundation 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: $71,999
Professional Fundraising Fees: $0
Other Salaries and Wages: $152,229

For more financial information, click here


Official website here: www.ahf.today

What is the mission statement of Affordable Homeownership Foundation Inc?

The Affordable Homeownership Foundation Inc. is committed to providing a range of counseling services annually. These services aim to assist families and individuals, offering guidance on various aspects of homeownership. This includes homebuyer education, pre-purchase counseling, post-purchase counseling, non-delinquency post-purchase counseling, rental counseling, and mortgage assistance. The foundation's goal is to support individuals in navigating the homeownership process, ensuring they make informed decisions and maintain financial stability.


Official website here: www.ahf.today

Who is the CEO of Affordable Homeownership Foundation Inc?

Lois Healy is the Ceo of Affordable Homeownership Foundation Inc. The CEO's salary of Affordable Homeownership Foundation Inc is $72,000 and their total compensation is $72,000.


Official website here: www.ahf.today

What is the revenue of Affordable Homeownership Foundation Inc?

Affordable Homeownership Foundation Inc's revenue in 2022 was $494,350.


Official website here: www.ahf.today

Who are the executives of Affordable Homeownership Foundation Inc and what are their salaries?

The average compensation at Affordable Homeownership Foundation Inc during 2022 was $37,371. There are 6 employees and 25 volunteers at Affordable Homeownership Foundation Inc.


Here are 8 key members and their salaries (Affordable Homeownership Foundation Inc's CEO's salary is $72,000 and their total compensation is $72,000):


Lois Healy (Ceo)
  • Compensation: $72,000
  • Related: $0
  • Other: $0
Tony Neal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Donabed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Rivas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Garritt Pankratz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Atkin (Directorvice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darryl Clare (Directorsecretarytreasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Dussault (Directorpresident)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ahf.today

Where can I find the form 990 for Affordable Homeownership Foundation Inc?

Affordable Homeownership Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ahf.today

Learn more at the official website: www.ahf.today

Mission Statement of Affordable Homeownership Foundation Inc

The Affordable Homeownership Foundation is committed to providing a range of counseling services annually to families and individuals. Their mission encompasses various aspects of homeownership, including homebuyer education, pre-purchase counseling, post-purchase counseling, non-delinquency post-purchase counseling, rental counseling, and mortgage assistance. By offering these services, the organization aims to empower individuals and families, providing them with the necessary tools and guidance to navigate the complex world of homeownership. The Affordable Homeownership Foundation's services are not limited to the process of purchasing a home; they also offer support post-purchase and in the realm of rental counseling. This holistic approach ensures that families and individuals have access to comprehensive guidance throughout their housing journey.

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Impact




July, 2024

Affordable Homeownership Foundation Inc's impact is significant in providing vital counseling services to families and individuals in Fort Myers, FL. Each year, the organization offers a range of services including homebuyer education, pre-purchase counseling, post-purchase counseling, non-delinquency post-purchase counseling, rental counseling, and mortgage assistance. By providing these essential services, the foundation plays a crucial role in supporting individuals and families in achieving sustainable homeownership, thereby contributing to the reduction of financial vulnerabilities and potential crime associated with housing instability.




This information is meant to be a general summary of Affordable Homeownership Foundation 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.

Revenue
$494,350 (2022)
Expenses
$625,158 (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: $124,554
  • Gross Receipts: $494,350

Assets and Liabilities:

  • Total Assets: $2,537,267
  • Total Liabilities: $543,257
  • Net Assets: $1,994,010

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Programs

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

Low Income Housing

Revenue

$121,717

Homebuyer Education

Revenue

$2,837

Organization Details

Founding Year

2000

Principal Officer

Lois Healy

Main Address

5264 Clayton Court Suite 1, Fort Myers, FL, 33907

NTEE Category

Code: I12 - Crime

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