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Housing Stabilization Initiative

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

EIN: 850707066 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is Housing Stabilization Initiative?

The Housing Stabilization Initiative is a nonprofit organization dedicated to fostering community stabilization and socio-economic growth in Rhode Island. Their strategy involves revitalizing and stabilizing mixed-income and mixed-use assets, thereby promoting development. For 2022, they have outlined programs that align with this mission, with a focus on community enhancement and human development. The specific location of the initiative is not provided, but it is confirmed that it is not based in Atlanta, GA.


Official website here: www.housingstabilization.org

Is Housing Stabilization Initiative legitimate?

Housing Stabilization Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Stabilization Initiative 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.housingstabilization.org

What is the mission statement of Housing Stabilization Initiative?

The Housing Stabilization Initiative strives to spearhead advancements in community stabilization and socio-economic development within its operational realm, primarily focusing on Rhode Island. This is accomplished through the revitalization, stabilization, and human development of mixed-income and mixed-use assets. The organization's mission for 2022 encompasses various programs that align with this objective, although the specific details of these programs are not provided in the given information.


Official website here: www.housingstabilization.org

Who is the CEO of Housing Stabilization Initiative?

Alaric Craig is the President of Housing Stabilization Initiative.


Official website here: www.housingstabilization.org

What is the revenue of Housing Stabilization Initiative?

Housing Stabilization Initiative's revenue in 2022 was $7,999.


Official website here: www.housingstabilization.org

Who are the executives of Housing Stabilization Initiative and what are their salaries?


Here are 5 key members and their salaries:


Alaric Craig (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Boldon (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bethel Ketema (Executive Director; Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ian Boldon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Mitchell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.housingstabilization.org

Where can I find the form 990EZ for Housing Stabilization Initiative?

Housing Stabilization Initiative's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.housingstabilization.org

Learn more at the official website: www.housingstabilization.org

Mission Statement of Housing Stabilization Initiative

The Housing Stabilization Initiative is committed to leading the way in community stabilization and socio-economic development within Rhode Island. Through its mission, the organization focuses on revitalizing, stabilizing, and developing mixed-income and mixed-use assets. This initiative aims to make a significant impact by implementing programs that promote community growth and development in 2022, without specifying its exact location. The Housing Stabilization Initiative's objectives extend beyond simple real estate transformation, encompassing human development as well.

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Impact




August, 2024

The Housing Stabilization Initiative in Rhode Island has had a significant impact on community stabilization and socio-economic development. Through its focus on mixed-income and mixed-use asset revitalization, stabilization, and human development, the initiative has worked towards fostering sustainable and inclusive communities. Its programs for 2022 align with its mission to lead the industry in these efforts. With a strong commitment to improving housing stability and promoting economic growth, the Housing Stabilization Initiative has been instrumental in creating positive change in Rhode Island.




This information is meant to be a general summary of Housing Stabilization Initiative. 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
$7,999 (2022)
Expenses
$27,382 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $7,999

Assets and Liabilities:

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

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Organization Details

Principal Officer

Alaric Craig

Main Address

158 CENTENNIAL WAY NW, ATLANTA, GA, 30313

NTEE Category

Code: L21 - Housing

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