Overview
What is Adairsville Affordable Housing Corp?
Adairsville Affordable Housing Corp is a nonprofit organization situated in Cartersville, Georgia, specifically at 240 Stonewall Street. Their primary focus is managing 60 units of affordable housing, which were converted under the Rental Assistance Demonstration (RAD) program administered by the U.S. Department of Housing and Urban Development (HUD). This mission aims to provide affordable housing options for individuals and families in need.
Is Adairsville Affordable Housing Corp legitimate?
Adairsville Affordable Housing Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Adairsville 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: $51,891
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What is the mission statement of Adairsville Affordable Housing Corp?
Adairsville Affordable Housing Corp's mission is centered around managing 60 units of affordable housing, which were converted under HUD's RAD program. The organization's primary objective is to ensure these housing units remain accessible and affordable for individuals in need. By overseeing these units, Adairsville Affordable Housing Corp contributes to maintaining a stable living situation for the community's less fortunate members. The organization's activities primarily revolve around managing and maintaining these affordable housing units, ensuring they meet necessary standards and provide a comfortable living environment for their residents.
Who is the CEO of Adairsville Affordable Housing Corp?
Rhonda Bohannon is the Cfo of Adairsville Affordable Housing Corp. The CEO's salary of Adairsville Affordable Housing Corp is $0 and their total compensation is $0.
What is the revenue of Adairsville Affordable Housing Corp?
Adairsville Affordable Housing Corp's revenue in 2023 was $612,507.
Who are the executives of Adairsville Affordable Housing Corp and what are their salaries?
Here are 5 key members and their salaries (Adairsville Affordable Housing Corp's CEO's salary is $0 and their total compensation is $0):
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Adairsville Affordable Housing Corp?
Adairsville Affordable Housing Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Adairsville Affordable Housing Corp
Adairsville Affordable Housing Corp is committed to managing 60 units of affordable housing, which have been converted under HUD's Rental Assistance Demonstration (RAD) program. The corporation's mission is focused on providing affordable housing solutions, ensuring that individuals and families have access to suitable living spaces regardless of their financial circumstances. By overseeing these 60 units, Adairsville Affordable Housing Corp is playing a significant role in addressing the housing needs of its community, enabling residents to maintain a stable living environment. This mission aligns with the broader goal of promoting social equity and ensuring that everyone has access to basic necessities, including a safe and affordable place to call home.
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Impact
October, 2024
Adairsville Affordable Housing Corp plays a crucial role in addressing housing challenges within the community. By focusing on providing accessible housing options, it helps to alleviate the pressures of housing affordability for low- to moderate-income families. This organization improves living conditions and enhances quality of life for residents in the Cartersville area of Georgia.
The initiative not only increases the availability of affordable housing but also fosters community stability and economic growth. By ensuring that families have access to safe and affordable homes, Adairsville Affordable Housing Corp contributes to social equity and helps break the cycle of poverty. Through its efforts, it empowers individuals and families, enabling them to invest in their futures and positively impact their community.
This information is meant to be a general summary of Adairsville 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 2023.
- Investment Income: $1,165
- Program Service Revenue: $513,699
- Gross Receipts: $612,507
Assets and Liabilities:
- Total Assets: $1,248,789
- Total Liabilities: $97,978
- Net Assets: $1,150,811
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RAD closing
Revenue
$350,590
Rent Revenue
Revenue
$160,708
Tenant Charges
Revenue
$2,401
Organization Details
Founding Year
2022
Phone
(770) 382-1414Principal Officer
Rhonda Bohannon
Main Address
240 Stonewall Street, Cartersville, GA, 30120
NTEE Category
Code: Z99 - Unknown
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