The American Dream Grant Program

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

EIN: 844641227 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is The American Dream Grant Program?

The American Dream Grant Program is a charitable initiative, solely dedicated to helping first-time homebuyers realize their dream of homeownership. This nonprofit actively seeks funding from various private, state, and federal organizations. Their primary objective is to assist these homebuyers by reducing their mortgage interest, thereby making their monthly payments more affordable. The program operates with a mission to contribute positively to the community by fostering homeownership opportunities.

Is The American Dream Grant Program legitimate?

The American Dream Grant Program is a legitimate nonprofit organization registered as a 501(c)(3) entity. The American Dream Grant Program 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 The American Dream Grant Program?

The American Dream Grant Program is established with a mission to operate for charitable purposes, primarily focusing on securing funding from private, state, and federal organizations. This mission is aimed at assisting first-time homebuyers in achieving affordable homeownership by providing them with financial aid to lower their mortgage interest rates. This program aims to make homeownership more accessible, thereby contributing to the broader objective of enhancing housing opportunities for a wider population.

Who is the CEO of The American Dream Grant Program?

Kevin Dillard is the President of The American Dream Grant Program.

What is the revenue of The American Dream Grant Program?

The American Dream Grant Program's revenue in 2021 was $0.

Who are the executives of The American Dream Grant Program and what are their salaries?


Here are 4 key members and their salaries:


Kevin Dillard (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Hughes (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dionne Jackson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Gavin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for The American Dream Grant Program?

The American Dream Grant Program's most recent form 990EZ was submitted in 2021 and can be accessed here.

Mission Statement of The American Dream Grant Program

The American Dream Grant Program is a nonprofit organization with a mission to operate for charitable purposes, specifically focusing on securing funding from private, state, and federal entities. Their primary objective is to aid first-time homebuyers in achieving affordable homeownership by reducing their interest rates through mortgage payments. The program's goal is to make the dream of homeownership more attainable for a wider range of individuals, thereby contributing to the broader community by fostering stability and a sense of belonging among its homeowners.

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Impact




October, 2024

The American Dream Grant Program positively impacts first-time homebuyers by providing financial assistance that helps make homeownership more attainable. By soliciting funds from private, state, and federal sources, the program focuses on reducing interest rates for eligible candidates, resulting in more affordable mortgage payments. This initiative plays a crucial role in empowering individuals and families to secure stable housing in Los Angeles, thereby contributing to community stability and economic growth. The program not only facilitates the acquisition of homes but also fosters a sense of belonging and investment in the local community, making the dream of homeownership a reality for many.




This information is meant to be a general summary of The American Dream Grant Program. 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
$0 (2021)
Expenses
$0 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

    Assets and Liabilities:

    • Total Assets: $1
    • Total Liabilities: $0
    • Net Assets: $1

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    Organization Details

    Principal Officer

    Kevin Dillard

    Main Address

    5901 W Century Blvd, Los Angeles, CA, 90045

    NTEE Category

    Code: L80 - Housing

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