Overview
What is Affordable Housing Visions For Texas Inc?
Affordable Housing Visions for Texas Inc, operating under the name Greater Austin Neighborhoods, is a dedicated nonprofit based in Austin, Texas. Their mission is to expand affordable housing options for families of modest means across the state, while also contributing to the betterment of their communities. They achieve this by collaborating with various non-profits and for-profits, as demonstrated by their partnerships with a health clinic, an art gallery, and an aeroponic farming consortium. These collaborations aim to provide residents with essential services such as health screenings, art classes, and potentially indoor farming. In addition, they have made significant improvements to their Villas of Cordoba residences and successfully refinanced their mortgage debt. With a workforce of four individuals, they continue to strive towards their goal of promoting affordable housing and community development in Texas.
Official website here: www.greateraustinneighborhoods.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 77% - Three-Star out of Four Star Rating
Affordable Housing Visions For Texas Inc has earned a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance practices. The charity's score is primarily derived from its accountability and finance metrics, which reflect a well-structured governance approach with a majority of independent board members and no material diversion of assets.
While the organization demonstrates strong financial health with a high program expense ratio, it does face some limitations. Notably, the lack of a conflict of interest policy and a whistleblower policy could raise concerns about transparency and safeguarding practices. These areas may need improvement to enhance overall governance and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Affordable Housing Visions For Texas Inc legitimate?
Affordable Housing Visions For Texas Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Affordable Housing Visions For Texas 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: $458,431
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,784
For more financial information, click here
Official website here: www.greateraustinneighborhoods.org
What is the mission statement of Affordable Housing Visions For Texas Inc?
Affordable Housing Visions For Texas Inc's mission is centered around augmenting the availability of affordable housing for families of modest means in the state. The organization aims to assist these families in securing suitable and economical abodes. In addition, the mission includes contributing to the development of neighborhoods for the betterment of the community. In 2022, the company has formed alliances with various non-profits and for-profits to enhance the quality of life for its residents. These collaborations include partnerships with health clinics for free health screenings, art classes, and indoor farming initiatives. The organization has also made significant improvements to its Villas of Cordoba residences and successfully refinanced its mortgage debt, enabling further property enhancements.
Official website here: www.greateraustinneighborhoods.org
Who is the CEO of Affordable Housing Visions For Texas Inc?
Michael Casias is the Executive Director of Affordable Housing Visions For Texas Inc.
Official website here: www.greateraustinneighborhoods.org
What is the revenue of Affordable Housing Visions For Texas Inc?
Affordable Housing Visions For Texas Inc's revenue in 2022 was $2,366,028.
Official website here: www.greateraustinneighborhoods.org
Who are the executives of Affordable Housing Visions For Texas Inc and what are their salaries?
The average compensation at Affordable Housing Visions For Texas Inc during 2022 was $117,304. There are 4 employees at Affordable Housing Visions For Texas Inc.
Here are 3 key members and their salaries:
- Compensation: $458,431
- Related: $0
- Other: $191,569
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.greateraustinneighborhoods.org
Where can I find the form 990 for Affordable Housing Visions For Texas Inc?
Affordable Housing Visions For Texas Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.greateraustinneighborhoods.org
Learn more at the official website: www.greateraustinneighborhoods.org
Mission Statement of Affordable Housing Visions For Texas Inc
Affordable Housing Visions For Texas Inc, a non-profit organization, is committed to enhancing the living conditions of families of modest means in the state. Their primary mission is to increase the availability of affordable housing and assist these families in acquiring suitable homes. Beyond housing, the organization also aims to contribute to the development of neighborhoods that benefit the community as a whole.
In 2022, Affordable Housing Visions for Texas demonstrated their dedication to this mission by forming alliances with various non-profits and for-profits. One such collaboration was with the Center for Health Empowerment, which provided free health screenings and assistance with acquiring health insurance and pharmacy services for their residents. Another partnership was with HOPE Gallery, offering free art classes to residents. Additionally, the organization teamed up with High Gardens LLC to apply for grant funding for indoor growing pods and training, aiming to bring sustainable farming to their properties.
The organization also invested in improving their Villas of Cordoba residences, making close to $200,000 in improvements. Furthermore, they refinanced their mortgage debt in the amount of $12,660,000, allowing them to pay off additional loans and make further enhancements to the property. These efforts reflect Affordable Housing Visions For Texas Inc's ongoing commitment to providing affordable housing and improving the quality of life for families in need.
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Impact
July, 2024
Affordable Housing Visions For Texas Inc has made a significant impact in increasing the availability of affordable housing for families of modest means in Texas. The organization has partnered with various nonprofits and businesses to enhance the quality of life for residents. Initiatives such as providing free health screenings, art classes, and indoor farming training have contributed to the well-being and development of neighborhoods. Notably, the organization's refinancing efforts have allowed for substantial improvements to their properties, demonstrating a commitment to sustainability and growth.
This information is meant to be a general summary of Affordable Housing Visions For Texas 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $1,284,736
- Gross Receipts: $2,366,028
Assets and Liabilities:
- Total Assets: $976,507
- Total Liabilities: $458,772
- Net Assets: $517,735
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Supportive Services
Revenue
$1,284,736
Organization Details
Founding Year
2000
Principal Officer
Michael Casias
Main Address
500 East 4th Street STE 525, Austin, TX, 78701
NTEE Category
Code: L21 - Housing
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