Overview
What is San Antonio Alternative Housing Corp?
San Antonio Alternative Housing Corp is a dedicated nonprofit organization situated in San Antonio, Texas. Their primary mission is to offer affordable housing solutions to low-income and moderate-income families, assisting a total of 61 families. In addition to providing housing, they offer necessary social service support and referrals as required. With a team of 14 dedicated employees, this organization aims to make a tangible difference in the lives of those in need, contributing to a more inclusive and equitable community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, earning it a Two-Star out of Four Star rating
San Antonio Alternative Housing Corp has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and transparency. The organization boasts a fully independent board, with 100% of its members meeting independence criteria, and performs well in various governance measures such as maintaining a conflict of interest policy and a whistleblower policy. Its financial statements are thoroughly audited, which adds to its credibility.
However, the nonprofit has a program expense ratio of 50.35%, which raises concerns about its allocation of funds towards its mission-related activities. While the organization maintains a healthy liabilities to assets ratio of 20.29%, the low program expense ratio may suggest a significant portion of its budget is directed towards administrative costs rather than direct program services. This could be an area for improvement to enhance its overall effectiveness.
Key personnel compensation is also notable, with the Executive Director earning a salary of $136,965, while other board members take no compensation. This focus on leadership pay, alongside its financial structure, highlights areas where potential donors may seek more information on how funds are utilized to further the organization's mission.
This AI summary has been generated from information found on Charity Navigator.
Is San Antonio Alternative Housing Corp legitimate?
San Antonio Alternative Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. San Antonio Alternative Housing Corp 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: $136,965
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,400
For more financial information, click here
What is the mission statement of San Antonio Alternative Housing Corp?
San Antonio Alternative Housing Corp's mission is centered around providing affordable housing solutions. This non-profit organization targets both low-income and moderate-income families, aiming to make housing accessible for a wide range of individuals and families in need. Beyond housing, they offer social service support and referrals as necessary, ensuring that the families they serve receive holistic care. The corporation serves a total of 61 families.
Who is the CEO of San Antonio Alternative Housing Corp?
Keith Newcomb is the Chairperson of San Antonio Alternative Housing Corp.
What is the revenue of San Antonio Alternative Housing Corp?
San Antonio Alternative Housing Corp's revenue in 2022 was $1,870,127.
Who are the executives of San Antonio Alternative Housing Corp and what are their salaries?
The average compensation at San Antonio Alternative Housing Corp during 2022 was $9,955. There are 14 employees at San Antonio Alternative Housing Corp.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $136,965
- Related: $0
- Other: $0
Where can I find the form 990 for San Antonio Alternative Housing Corp?
San Antonio Alternative Housing Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of San Antonio Alternative Housing Corp
San Antonio Alternative Housing Corp, as its name suggests, is committed to providing affordable housing solutions for low-income and moderate-income families. This nonprofit organization's primary mission is to offer shelter that is within the financial reach of these households, ensuring they have a secure place to reside. Beyond just housing, San Antonio Alternative Housing Corp also provides essential social service support and referrals as needed. Their efforts serve a total of 61 families, aiming to improve their overall living conditions and stability.
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Impact
July, 2024
San Antonio Alternative Housing Corp's impact can be seen in the tangible difference it makes in the lives of low-income and moderate-income families in San Antonio, Texas. By providing affordable housing to these families, the organization is not just offering shelter but also a sense of stability and security. Through its mission to ensure that families have a safe and affordable place to call home, the organization is addressing a critical need in the community and positively impacting the lives of the 61 families it serves. The provision of social service support and referrals as needed further demonstrates the organization's commitment to holistic support for its clients. Overall, San Antonio Alternative Housing Corp is playing a crucial role in addressing the housing needs of vulnerable populations in the city of San Antonio.
This information is meant to be a general summary of San Antonio Alternative Housing Corp. 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: $76,141
- Program Service Revenue: $1,668,020
- Gross Receipts: $1,870,127
Assets and Liabilities:
- Total Assets: $13,318,528
- Total Liabilities: $2,703,307
- Net Assets: $10,615,221
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$716,887
FEES AND OTHER INCOME
Revenue
$951,133
Organization Details
Founding Year
1993
Phone
(210) 224-2349Principal Officer
Keith Newcomb
Main Address
1215 S Trinity St, San Antonio, TX, 782076143
NTEE Category
Code: L210 - Housing
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