Overview
What is Bay Area Affordable Homeownership Alliance?
The Bay Area Affordable Homeownership Alliance (BAAHA) is a nonprofit organization based in San Francisco, California. Its primary focus is to assist first-time, low to moderate income home buyers in the San Francisco Bay Area. BAAHA achieves this by offering educational workshops, counseling services, and administrative support in collaboration with HUD-certified agencies and local cities. Additionally, BAAHA manages the refinancing of below market rate (BMR) housing inventory for various municipalities, ensuring compliance with program restrictions. This organization plays a crucial role in making homeownership more accessible for a significant portion of the population in the Bay Area.
Official website here: www.myhomegateway.org
Is Bay Area Affordable Homeownership Alliance legitimate?
Bay Area Affordable Homeownership Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bay Area Affordable Homeownership Alliance submitted a form 990EZ, 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.
Official website here: www.myhomegateway.org
What is the mission statement of Bay Area Affordable Homeownership Alliance?
The Bay Area Affordable Homeownership Alliance, in its mission, offers educational, counseling, and administrative support to first-time, low to moderate income home buyers. They collaborate with HUD-certified agencies and cities to organize and sponsor HUD counseling workshops. The organization also manages the refinances of below market rate (BMR) housing inventory for various municipalities, ensuring compliance with program restrictions. In essence, Bay Area Affordable Homeownership Alliance helps facilitate homeownership opportunities for those with limited income, providing essential guidance and oversight.
Official website here: www.myhomegateway.org
Who is the CEO of Bay Area Affordable Homeownership Alliance?
Roy Schweyer is the Executive Director of Bay Area Affordable Homeownership Alliance.
Official website here: www.myhomegateway.org
What is the revenue of Bay Area Affordable Homeownership Alliance?
Bay Area Affordable Homeownership Alliance's revenue in 2023 was $154,969.
Official website here: www.myhomegateway.org
Who are the executives of Bay Area Affordable Homeownership Alliance and what are their salaries?
Here are 6 key members and their salaries:
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- Compensation: $38,345
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Official website here: www.myhomegateway.org
Where can I find the form 990EZ for Bay Area Affordable Homeownership Alliance?
Bay Area Affordable Homeownership Alliance's most recent form 990EZ was submitted in 2023 and can be accessed here.
Official website here: www.myhomegateway.org
Learn more at the official website: www.myhomegateway.org
Mission Statement of Bay Area Affordable Homeownership Alliance
The Bay Area Affordable Homeownership Alliance is committed to providing educational, counseling, and administrative services to first-time home buyers with moderate to low income levels in the San Francisco Bay Area. This nonprofit organization collaborates with HUD-certified counseling agencies and cities, promoting and sponsoring HUD workshops to educate potential homeowners. Furthermore, BAAHA oversees the refinancing of below-market-rate (BMR) housing inventory for various municipalities, ensuring that program restrictions are maintained. By doing so, the alliance works to make homeownership more accessible and affordable for those who might not otherwise have the opportunity.
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Impact
October, 2024
The Bay Area Affordable Homeownership Alliance significantly enhances access to homeownership for first-time low to moderate income buyers in the San Francisco Bay Area. By providing educational resources and counseling services, it empowers potential homeowners with the knowledge they need to navigate the complexities of the housing market.
Collaborating with HUD-certified counseling agencies and local governments, the Alliance actively facilitates workshops that equip individuals with essential skills and information for successful homeownership. This support not only helps to demystify the buying process but also instills confidence in prospective homebuyers, making homeownership a more achievable goal.
In addition to education, the Alliance plays a critical role in managing the refinance process for below market rate (BMR) housing inventory across various municipalities. By ensuring that program restrictions are upheld, it preserves the integrity of affordable housing programs, thereby safeguarding opportunities for future generations of homebuyers.
Overall, the Bay Area Affordable Homeownership Alliance is instrumental in promoting equitable access to housing, fostering stability in communities, and contributing to the broader goal of affordable homeownership in a region known for its high property costs.
This information is meant to be a general summary of Bay Area Affordable Homeownership Alliance. 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 2023.
- Program Service Revenue: $119,959
- Gross Receipts: $154,969
Assets and Liabilities:
- Total Assets: $61,154
- Total Liabilities: $0
- Net Assets: $61,154
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Organization Details
Phone
(800) 480-9020Principal Officer
Roy Schweyer
Main Address
5517 Geary Boulevard, San Francisco, CA, 94121
Website
www.myhomegateway.orgNTEE Category
Code: L25 - Housing
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