Overview
What is Affordable Housing Program Inc?
Affordable Housing Program Inc, located in Las Vegas, Nevada, is a dedicated nonprofit organization. Their primary mission revolves around the development and management of affordable housing for eligible residents within the Las Vegas area. With a focus on low-income housing, the organization works tirelessly to ensure that those in need have access to suitable living accommodations. This commitment extends to the development of new homes, providing a vital service to the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Affordable Housing Program Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial management. The score reflects the charity's strong adherence to fiscal responsibility, particularly in its financial statements and board governance. With a focus on accountability, the organization has demonstrated no material diversions of assets and maintains a robust program expense ratio.
The organization benefits from a fully independent board, which enhances its governance structure. With all board members independent, it scored full points in this area, suggesting effective oversight and decision-making. Additionally, its financial liabilities are low relative to assets, which indicates a stable financial position.
While the rating shows strong financial health and governance, the score is based solely on accountability and finance metrics. There is no information available regarding the effectiveness of the programs or overall impact on the community, which could provide a fuller picture of the organization's performance.
This AI summary has been generated from information found on Charity Navigator.
Is Affordable Housing Program Inc legitimate?
Affordable Housing Program Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Affordable Housing Program Inc 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:
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Other Salaries and Wages: $248,955
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What is the mission statement of Affordable Housing Program Inc?
Affordable Housing Program Inc is dedicated to the development of low-income housing for eligible residents in the Las Vegas area. Their mission is centered around providing suitable living arrangements for individuals who may not have access to affordable housing otherwise. Through their activities, they focus on the development and management of these low-income housing units, ensuring that eligible residents have a place to call home. The organization's work plays a significant role in addressing housing inequality and making a positive impact on the lives of those in need.
Who is the CEO of Affordable Housing Program Inc?
Frederick Haron is the Chairperson of Affordable Housing Program Inc.
What is the revenue of Affordable Housing Program Inc?
Affordable Housing Program Inc's revenue in 2022 was $2,488,271.
Who are the executives of Affordable Housing Program Inc and what are their salaries?
Here are 11 key members and their salaries:
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Where can I find the form 990 for Affordable Housing Program Inc?
Affordable Housing Program Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Affordable Housing Program Inc
Affordable Housing Program Inc, as its name suggests, is dedicated to a significant mission. This mission revolves around the development of housing options for individuals who fall under the low-income bracket, residing in the Las Vegas area. The organization's primary focus is on providing housing that is both affordable and suitable for these eligible residents. In essence, Affordable Housing Program Inc serves as a beacon of hope for those in need, offering them a secure and comfortable living space.
To execute this mission, Affordable Housing Program Inc engages in the development and management of low-income housing. This involves identifying suitable locations, designing and constructing the buildings, and ensuring that they meet the necessary standards for comfort and safety. Once the housing units are ready, the organization takes on the responsibility of managing them, ensuring that the residents are well-catered for and that the properties are well-maintained. In essence, Affordable Housing Program Inc is a crucial player in the provision of affordable housing, making a significant contribution to the well-being of its beneficiaries.
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Impact
July, 2024
Affordable Housing Program Inc's impact is evident through its development and management of low-income housing in the Las Vegas area. By providing affordable housing options for eligible residents, the organization plays a crucial role in addressing the housing needs of the community. Their work directly impacts the lives of individuals and families by offering them a stable and secure place to live, ultimately contributing to the overall well-being and quality of life for those in need.
This information is meant to be a general summary of Affordable Housing Program Inc. 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 2022.
- Gross Receipts: $2,488,271
Assets and Liabilities:
- Total Assets: $26,380,874
- Total Liabilities: $3,903,628
- Net Assets: $22,477,246
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Organization Details
Founding Year
2006
Phone
(702) 922-6835Principal Officer
Frederick Haron
Main Address
340 NORTH 11TH STREET, LAS VEGAS, NV, 89101
NTEE Category
Code: L20 - Housing
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