Overview
What is Nfp Affordable Housing Corp?
Nfp Affordable Housing Corp is a nonprofit organization established with the primary objective of promoting affordable housing for low-income individuals and the elderly. This is accomplished through various means, including making contributions to organizations that qualify as exempt under Section 501(C)(3) or 501(C)(4) of the U.S. Internal Revenue Code, or their future counterparts. The organization's mission is to provide affordable housing and offer support to other organizations that share its exempt purposes.
Is Nfp Affordable Housing Corp legitimate?
Nfp Affordable Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nfp Affordable 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Nfp Affordable Housing Corp?
Nfp Affordable Housing Corp is established with a primary objective of promoting affordable housing for low-income individuals and the elderly. To achieve this, the organization makes contributions to exempt organizations under Section 501(C)(3) or 501(C)(4) of the Internal Revenue Code, or their corresponding sections in future U.S. Internal Revenue laws. In line with its mission, Nfp Affordable Housing Corp intends to provide affordable housing and offer services and funds to organizations that align with its exempt purposes.
Who is the CEO of Nfp Affordable Housing Corp?
Richard Edson is the Chair of Nfp Affordable Housing Corp.
What is the revenue of Nfp Affordable Housing Corp?
Nfp Affordable Housing Corp's revenue in 2022 was $3,774,240.
Who are the executives of Nfp Affordable Housing Corp and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Nfp Affordable Housing Corp?
Nfp Affordable Housing Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nfp Affordable Housing Corp
Nfp Affordable Housing Corp is established with the primary goal of promoting affordable housing for low-income individuals and the elderly. The organization seeks to achieve this objective by contributing to organizations that qualify as exempt under Section 501(C)(3) or 501(C)(4) of the Internal Revenue Code, or any future equivalent sections. Additionally, Nfp Affordable Housing Corp plans to directly provide affordable housing options and offer financial support and resources to organizations aligned with its exempt purposes. This mission is instrumental in addressing the housing needs of economically disadvantaged individuals and the elderly, thereby contributing to a more equitable society.
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Impact
July, 2024
Nfp Affordable Housing Corp's impact is significant in providing affordable housing to low-income and elderly individuals. By fostering low-income housing initiatives and making contributions to organizations that support this cause, the organization plays a crucial role in addressing the housing needs of vulnerable populations. Additionally, by allocating resources and funds towards its exempt purposes, Nfp Affordable Housing Corp contributes to the broader goal of improving housing affordability and accessibility for those in need.
This information is meant to be a general summary of Nfp Affordable 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.
- Gross Receipts: $3,774,240
Assets and Liabilities:
- Total Assets: $3,610,418
- Total Liabilities: $0
- Net Assets: $3,610,418
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Organization Details
Founding Year
2018
Phone
(240) 505-9293Principal Officer
Richard Edson
Main Address
4977 BATTERY LANE 311, BETHESDA, MD, 20814
NTEE Category
Code: L20 - Housing
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