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Tristate Affordable Housing Foundation Inc

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

EIN: 821627687 ✦ Winstonsalem, NC ✦ Designated as a 501(c)(3)

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Overview

What is Tristate Affordable Housing Foundation Inc?

Tristate Affordable Housing Foundation Inc is a nonprofit organization dedicated to ensuring accessible housing for low-income individuals and families. They achieve this by partnering with eligible non-profits and investing in rental real estate collaborations. In 2022, they expanded their reach by acquiring limited partner interests in Lic Associates IX and Wickliffe RRH Associates, among other projects. Beyond investing, the foundation also offers support to non-profit owners managing HUD-financed rental properties for low-income residents. Their mission aims to promote affordable housing opportunities and strengthen the living conditions of vulnerable communities.

Is Tristate Affordable Housing Foundation Inc legitimate?

Tristate Affordable Housing Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tristate Affordable Housing Foundation Inc 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.

What is the mission statement of Tristate Affordable Housing Foundation Inc?

The Tristate Affordable Housing Foundation's mission is centered around facilitating the availability of affordable housing. They achieve this by sponsoring eligible non-profit organizations and investing in rental real estate partnerships. These collaborations cater to low-income individuals and families. The organization has been involved in several such partnerships, including Lic Associates IX and Wickliffe RRH Associates in 2022. Beyond providing affordable housing, the mission also encompasses supporting non-profit owners of HUD-financed rental real estate communities designed for low-income residents.

Who is the CEO of Tristate Affordable Housing Foundation Inc?

Terri Midura is the Vice-President of Tristate Affordable Housing Foundation Inc.

What is the revenue of Tristate Affordable Housing Foundation Inc?

Tristate Affordable Housing Foundation Inc's revenue in 2022 was $9,335.

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


Here are 4 key members and their salaries:


Robert Watson (President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Ogburn (Vice-President/Secretary/D)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Midura (Vice-President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terri Midura (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Tristate Affordable Housing Foundation Inc?

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

Mission Statement of Tristate Affordable Housing Foundation Inc

Tristate Affordable Housing Foundation, a non-profit organization, is committed to facilitating the availability of affordable housing. It accomplishes this by collaborating with eligible non-profit entities and investing in rental real estate partnerships aimed at serving low-income residents. The foundation's mission extends beyond mere investment; it also provides support to non-profit owners of HUD-financed rental real estate communities designed for low-income residents. In the year 2022, the organization expanded its reach by acquiring limited partner interests in various partnerships, such as Lic Associates IX and Wickliffe RRH Associates, among others. This strategic move allows Tristate Affordable Housing Foundation to contribute to a broader range of affordable housing solutions for qualifying individuals and families.

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Impact




August, 2024

Tristate Affordable Housing Foundation Inc's impact includes facilitating the provision of affordable housing by sponsoring eligible non-profit organizations and investing in rental real estate partnerships for low-income residents. The organization is involved in various partnerships that offer affordable housing to qualifying individuals and families. In addition, it provides support to non-profit owners of HUD-financed rental real estate communities for low-income residents. In 2022, Tristate Affordable Housing Foundation acquired limited partner interests in Lic Associates IX and Wickliffe RRH Associates, among others, further expanding its reach and impact in providing affordable housing solutions.




This information is meant to be a general summary of Tristate Affordable Housing 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
$9,335 (2022)
Expenses
$2,497 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8
  • Program Service Revenue: $9,327
  • Gross Receipts: $9,335

Assets and Liabilities:

  • Total Assets: $25,217
  • Total Liabilities: $1,432
  • Net Assets: $23,785

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Organization Details

Principal Officer

Terri Midura

Main Address

4623 COUNTRY CLUB ROAD, WINSTONSALEM, NC, 27104

NTEE Category

Code: L20 - Housing

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