Affordable Housing Investors Council

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

EIN: 742761790 ✦ Leesburg, VA ✦ Designated as a 501(c)(6)

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Overview

What is Affordable Housing Investors Council?

The Affordable Housing Investors Council is a nonprofit organization with a mission to preserve and enhance the Low-Income Housing Tax Credit as a powerful instrument for creating affordable housing. They achieve this by offering educational resources and a platform for information exchange to their investor members. Through these initiatives, they aim to establish industry best practices, ultimately contributing to the development of affordable housing solutions.


Official website here: www.ahic.org

Is Affordable Housing Investors Council legitimate?

Affordable Housing Investors Council is a legitimate nonprofit organization registered as a 501(c)(6) entity. Affordable Housing Investors Council 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ahic.org

What is the mission statement of Affordable Housing Investors Council?

The Affordable Housing Investors Council aims to preserve and enhance the effectiveness of the Low-Income Housing Tax Credit as a tool for constructing affordable housing. To achieve this objective, the council offers educational resources and serves as a platform for sharing knowledge within its investor member community. Additionally, the council works towards establishing industry best practices.


Official website here: www.ahic.org

Who is the CEO of Affordable Housing Investors Council?

Brian Coffee is the President of Affordable Housing Investors Council.


Official website here: www.ahic.org

What is the revenue of Affordable Housing Investors Council?

Affordable Housing Investors Council's revenue in 2022 was $470,625.


Official website here: www.ahic.org

Who are the executives of Affordable Housing Investors Council and what are their salaries?

There 130 volunteers at Affordable Housing Investors Council.


Here are 13 key members and their salaries:


Brian Coffee (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Desiree Francis (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Edwards (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Kong (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Farrell (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gilbert Gerst (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Holman (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keitt King (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elisa Lass (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Lloyd (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leigh Ann Merchant (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keli Savage (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vihar Sheth (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ahic.org

Where can I find the form 990 for Affordable Housing Investors Council?

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


Official website here: www.ahic.org

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

Mission Statement of Affordable Housing Investors Council

The Affordable Housing Investors Council is dedicated to preserving and enhancing the effectiveness of the Low-Income Housing Tax Credit as a key instrument for the creation of affordable housing. To achieve this objective, the organization offers educational prospects and serves as a platform for information exchange among its investor members. By doing so, it strives to establish industry best practices. In essence, the Council's mission is to utilize its resources and influence to foster a thriving environment for the development of affordable housing.

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Impact




October, 2024

The Affordable Housing Investors Council significantly impacts the landscape of affordable housing development by advocating for the preservation and enhancement of the Low-Income Housing Tax Credit (LIHTC) program. By providing educational opportunities and facilitating information exchange among investors, the council empowers its members to engage more effectively in the affordable housing sector. This knowledge-sharing fosters the development of industry best practices, ultimately contributing to the creation and sustainability of affordable housing projects. The council's efforts not only support current investors but also attract new capital into the market, driving innovation and improving community outcomes in housing access for low-income families.




This information is meant to be a general summary of Affordable Housing Investors Council. 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
$470,625 (2022)
Expenses
$464,843 (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: $470,625
  • Gross Receipts: $470,625

Assets and Liabilities:

  • Total Assets: $693,332
  • Total Liabilities: $113,739
  • Net Assets: $579,593

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Programs

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

MEETINGS & CONFERENCES

Revenue

$252,350

MEMBERSHIP DUES

Revenue

$218,275

Organization Details

Founding Year

1995

Principal Officer

Brian Coffee

Main Address

673 POTOMAC STATION DRIVE 801, LEESBURG, VA, 20176

NTEE Category

Code: S41 - Community improvement

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