Cartersville Affordable Housing Corp

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

EIN: 872485701 ✦ Cartersville, GA ✦ Designated as a 501(c)(4)

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Overview

What is Cartersville Affordable Housing Corp?

Cartersville Affordable Housing Corp is a nonprofit organization situated in Cartersville, Georgia, with a specific focus on managing 299 units of affordable housing. This endeavor is a result of the HUD's Rental Assistance Demonstration (RAD) program, which the organization has successfully implemented. The primary mission of Cartersville Affordable Housing Corp is to provide affordable housing solutions within the community, ensuring that individuals and families in need have access to suitable living accommodations.

Is Cartersville Affordable Housing Corp legitimate?

Cartersville Affordable Housing Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Cartersville 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $261,024

For more financial information, click here

What is the mission statement of Cartersville Affordable Housing Corp?

The Cartersville Affordable Housing Corp's mission is primarily focused on managing 299 units of affordable housing, which have been converted under HUD's Rental Assistance Demonstration (RAD) program. This organization is dedicated to providing affordable housing solutions, ensuring that individuals and families have access to suitable living spaces within their means. By managing these units under HUD's RAD program, Cartersville Affordable Housing Corp contributes to the overall goal of making housing more affordable and accessible for a wide range of people.

Who is the CEO of Cartersville Affordable Housing Corp?

Rhonda Bohannon is the Cfo of Cartersville Affordable Housing Corp. The CEO's salary of Cartersville Affordable Housing Corp is $0 and their total compensation is $0.

What is the revenue of Cartersville Affordable Housing Corp?

Cartersville Affordable Housing Corp's revenue in 2023 was $3,715,523.

Who are the executives of Cartersville Affordable Housing Corp and what are their salaries?


Here are 6 key members and their salaries (Cartersville Affordable Housing Corp's CEO's salary is $0 and their total compensation is $0):


Rhonda Bohannon (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Sherman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lehmann Smith (Ceo / Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Gilreath (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Milner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hedy Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cartersville Affordable Housing Corp?

Cartersville Affordable Housing Corp's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Cartersville Affordable Housing Corp

Cartersville Affordable Housing Corp is dedicated to managing 299 units of affordable housing, which were converted under HUD's Rent Assistance Demonstration (RAD) program. This nonprofit organization's mission is to provide affordable housing solutions, ensuring that individuals and families in need have access to safe and affordable housing options. By managing these units, Cartersville Affordable Housing Corp contributes to the overall well-being and stability of the community, making a significant impact on the lives of its residents. The organization's work under HUD's RAD program allows for the preservation of affordable housing, ensuring that the cost remains within reach for those who need it most.

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Impact




October, 2024

Cartersville Affordable Housing Corp significantly impacts the local community by managing 299 affordable housing units converted from former public housing under HUD's RAD Program. Since the conversion on November 1, 2022, it has aimed to improve housing quality and stability for low-income residents in Cartersville, Georgia. By owning and operating these units, the organization helps to provide secure and affordable living options, thereby contributing to the overall well-being and economic stability of the community. This initiative not only addresses the immediate housing needs but also promotes long-term community development and revitalization.




This information is meant to be a general summary of Cartersville 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.

Revenue
$3,715,523 (2023)
Expenses
$1,465,191 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $7,839
  • Program Service Revenue: $3,218,214
  • Gross Receipts: $3,715,523

Assets and Liabilities:

  • Total Assets: $7,881,797
  • Total Liabilities: $360,443
  • Net Assets: $7,521,354

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Programs

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

RAD Closing Funds Transfe

Revenue

$2,223,491

Rent Revenue

Revenue

$854,861

Tenant Charges

Revenue

$139,862

Organization Details

Founding Year

2022

Principal Officer

Rhonda Bohannon

Main Address

240 Stonewall Street, Cartersville, GA, 30120

NTEE Category

Code: Z99 - Unknown

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