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The Affordable Housing Preservation Corporation

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

EIN: 861646797 ✦ Jacksonville, FL ✦ Designated as a 501(c)(3)

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Overview

What is The Affordable Housing Preservation Corporation?

The Affordable Housing Preservation Corporation is a Florida-based, not-for-profit organization, established on January 13, 2021. With a mission to enhance the quality of life for families, students, individuals, and communities across the United States, this corporation focuses on developing, producing, acquiring, managing, or preserving affordable housing, workforce housing, and student housing in various neighborhoods. Employing a team of one, the corporation strives to provide quality, affordable housing for people of low income.


Official website here: www.ahpc.org

What are the reviews and ratings of this charity?

The Affordable Housing Preservation Corporation is not currently rated by Charity Navigator, as the organization requires additional years of electronically-filed IRS Form 990 data for evaluation eligibility. The absence of a rating does not imply any specific positive or negative assessment, but rather highlights the data limitations faced by the organization at this time.

This nonprofit cannot yet be assessed under Charity Navigator's Accountability & Finance, Impact & Measurement, and several other beacons due to insufficient consecutive financial data. Despite this, they have provided some transparency, offering compensation disclosures for key personnel, with only the Executive Director receiving a salary.

While the organization’s foundation status indicates a reliable reliance on contributions and related activities, further data is required to comprehensively evaluate factors like community impact and adaptability. In the absence of user reviews from GreatNonprofits, insights into public sentiment are currently unavailable.


This AI summary has been generated from information found on Charity Navigator.

Is The Affordable Housing Preservation Corporation legitimate?

The Affordable Housing Preservation Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Affordable Housing Preservation Corporation 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:

Executive Compensation: $104,167
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ahpc.org

What is the mission statement of The Affordable Housing Preservation Corporation?

The Affordable Housing Preservation Corporation is a not-for-profit organization devoted to enhancing the lives of families, students, individuals, and communities. Through their mission, they strive to develop, produce, acquire, manage, or preserve low-cost affordable housing, workforce housing, and student housing in neighborhoods nationwide. Their ultimate goal is to improve the quality of life for individuals of low income across the United States by providing them with access to housing. Established on January 13, 2021, the organization is dedicated to making a difference in people's lives by ensuring the availability of affordable housing solutions.


Official website here: www.ahpc.org

Who is the CEO of The Affordable Housing Preservation Corporation?

Barbara Cocciolo is the Chairman of The Affordable Housing Preservation Corporation.


Official website here: www.ahpc.org

What is the revenue of The Affordable Housing Preservation Corporation?

The Affordable Housing Preservation Corporation's revenue in 2022 was $48,084,916.


Official website here: www.ahpc.org

Who are the executives of The Affordable Housing Preservation Corporation and what are their salaries?

The average compensation at The Affordable Housing Preservation Corporation during 2022 was $104,167. There is 1 employee at The Affordable Housing Preservation Corporation.


Here are 13 key members and their salaries:


Deno Hicks (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Ann Smith (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Anderson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Cocciolo (Executive Director)
  • Compensation: $104,167
  • Related: $0
  • Other: $0
Dwayne Alexander (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Bowling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Metzgar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Sarles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Walker (Former Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Walker (Former Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Paulman (Former Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Appleby (Former Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ahpc.org

Where can I find the form 990 for The Affordable Housing Preservation Corporation?

The Affordable Housing Preservation Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ahpc.org

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

Mission Statement of The Affordable Housing Preservation Corporation

The Affordable Housing Preservation Corporation, a not-for-profit organization, is dedicated to enhancing the lives of families, students, individuals, and communities by actively contributing to the development, production, acquisition, management, and preservation of affordable housing, workforce housing, and student housing in neighborhoods nationwide. This mission strives to ensure that low-income individuals across the United States have access to quality and affordable housing solutions. By focusing on this critical need, the organization aims to make a significant impact on the well-being of people and communities.

The Affordable Housing Preservation Corporation was established on January 13, 2021, with the clear vision of improving the quality of life for a wide range of people. Through its various efforts, the organization endeavors to provide affordable housing options that cater to diverse demographics, ensuring that everyone has a safe and comfortable place to call home. By addressing the crucial issue of affordable housing, the corporation plays a vital role in strengthening communities and fostering social and economic stability.

In summary, the Affordable Housing Preservation Corporation is a committed and driven organization that helps develop, produce, acquire, manage, and preserve affordable housing, workforce housing, and student housing in neighborhoods across the United States. Its mission is to enhance the lives of families, students, individuals, and communities by providing quality, affordable housing solutions for those in need.

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Impact




October, 2024

The Affordable Housing Preservation Corporation significantly enhances the quality of life for families, individuals, and communities by focusing on the development, acquisition, management, and preservation of low-cost and affordable housing. Established on January 13, 2021, in Jacksonville, Florida, the organization addresses critical housing challenges faced by low-income populations throughout the United States. By providing access to affordable housing options, including workforce and student housing, it strives to create stable living environments that foster community growth and support residents in their pursuit of a better quality of life. The corporation's efforts contribute to alleviating housing insecurity, improving neighborhood conditions, and ensuring that affordable housing remains accessible to those in need.




This information is meant to be a general summary of The Affordable Housing Preservation Corporation. 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
$48,084,916 (2022)
Expenses
$64,269,899 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,512,647
  • Program Service Revenue: $41,572,269
  • Gross Receipts: $137,584,916

Assets and Liabilities:

  • Total Assets: $618,367,495
  • Total Liabilities: $646,668,415
  • Net Assets: -$28,300,920

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL AND RELATED

Revenue

$41,572,269

Organization Details

Founding Year

2021

Principal Officer

Barbara Cocciolo

Main Address

6001 ARGYLE FOREST BLVD STE 21 10, JACKSONVILLE, FL, 32244

NTEE Category

Code: L21 - Housing

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