Stewards Of Affordable Housing For The Future
- Assets
- $4.8m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 12
- Location
- Washington, DC
- Founding
- 09/2003
- Data as of
- 12/2021
- EIN
- 06-1697213
Organization Overview
Stewards Of Affordable Housing For The Future is located in Washington, DC. The organization was established in 2003. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Stewards Of Affordable Housing For The Future employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stewards Of Affordable Housing For The Future is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Stewards Of Affordable Housing For The Future generated $3.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Stewards Of Affordable Housing For The Future has awarded 22 individual grants totaling $2,304,039. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE DEVELOPMENT AND PRESERVATION OF QUALITY AFFORDABLE HOUSING, TO EDUCATE THE PUBLIC, AND TO PROMOTE THE ROLE OF NONPROFIT ENTITIES IN THE DEVELOPMENT AND PRESERVATION OF AFFORDABLE HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE THE DEVELOPMENT AND PRESERVATION OF QUALITY AFFORDABLE HOUSING, TO ENABLE RESIDENTS OF THAT HOUSING TO USE IT AS A PLATFORM TO IMPROVE THEIR LIVES, INCLUDING THROUGH THE COORDINATION OF RESIDENT SERVICES, TO EDUCATE THE PUBLIC, AND TO PROMOTE THE ROLE OF NONPROFIT ENTITIES IN THE DEVELOPMENT AND PRESERVATION OF AFFORDABLE HOUSING IN THE UNITED STATES. IN AID OF ITS MISSION, SAHF IS WORKING TO PROMOTE RESIDENT-CENTERED SYSTEMS APPROACHES TO DELIVERING SERVICES TO RESIDENTS OF AFFRODABLE HOUSING PROGRAMS AND HAS CREATED AND OPERATES THE CERTIFIED ORGANIZATION FOR RESIDENT ENGAGEMENT AND SERVICES PROGRAM TO PROVIDE A COMMON STANDARD AND RESOURCE FOR OWNERS, SERVICE PROVIDERS, FINANCIAL AND PHILANTHROPIC PARTNERS IN SEEKING TO SUPPORT HOUSING WITH SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrea R Ponsor CEO & President | Officer | 40 | $258,864 |
Althea Harrison Senior Vp, Policy | 40 | $152,392 | |
Sandra Serna Vp, Health And Housing | 40 | $129,815 | |
Alexandra Nassau-Brownstone Vp, Resident Outcomes & Co | 40 | $122,892 | |
Aaron Gornstein Chair | OfficerTrustee | 2 | $0 |
Michelle Norris Vice Chair | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Icf Incorporated Llc Consulting | 12/30/15 | $437,373 |
Bright Power Inc Consulting | 12/30/15 | $111,659 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $196,433 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,616,831 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,813,264 |
| Total Program Service Revenue | $448,413 |
| Investment income | $4,244 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,265,921 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $130,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $663,963 |
| Compensation of current officers, directors, key employees. | $92,833 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $544,067 |
| Pension plan accruals and contributions | $83,649 |
| Other employee benefits | $111,158 |
| Payroll taxes | $95,809 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,048 |
| Fees for services: Accounting | $65,890 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $109,329 |
| Advertising and promotion | $0 |
| Office expenses | $27,566 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $960 |
| Travel | $16,396 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,147 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,668 |
| Insurance | $35,653 |
| All other expenses | $14,229 |
| Total functional expenses | $1,976,250 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,633,767 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $49,021 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $18,888 |
| Net Land, buildings, and equipment | $48,723 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,750,399 |
| Accounts payable and accrued expenses | $175,800 |
| Grants payable | $0 |
| Deferred revenue | $119,100 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $294,900 |
| Net assets without donor restrictions | $3,506,609 |
| Net assets with donor restrictions | $948,890 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,750,399 |
Grants Awarded
Over the last fiscal year, Stewards Of Affordable Housing For The Future has awarded $2,290,039 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
Boston, MA PURPOSE: TO SUPPORT THE HOUSING STABILITY OF HOUSEHOLDS IMPACTED BY COVID-19 THROUGH RESIDENT SERVICES | $500,000 |
Minneapolis, MN PURPOSE: TO SUPPORT THE HOUSING STABILITY OF HOUSEHOLDS IMPACTED BY COVID-19 THROUGH RESIDENT SERVICES | $100,125 |
Boston, MA PURPOSE: TO SUPPORT THE HOUSING STABILITY OF HOUSEHOLDS IMPACTED BY COVID-19 THROUGH RESIDENT SERVICES | $100,125 |
Washington, DC PURPOSE: TO SUPPORT THE HOUSING STABILITY OF HOUSEHOLDS IMPACTED BY COVID-19 THROUGH RESIDENT SERVICES | $100,125 |
Boston, MA PURPOSE: TO SUPPORT THE HOUSING STABILITY OF HOUSEHOLDS IMPACTED BY COVID-19 THROUGH RESIDENT SERVICES | $100,125 |
Denver, CO PURPOSE: TO SUPPORT THE HOUSING STABILITY OF HOUSEHOLDS IMPACTED BY COVID-19 THROUGH RESIDENT SERVICES | $100,125 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Stewards Of Affordable Housing For The Future has recieved totaling $364,039.
| Awarding Organization | Amount |
|---|---|
The Jpb Foundation New York, NY PURPOSE: BRINGING SUSTAINABILITY HOME | $350,000 |
Bridge Housing Corporation San Francisco, CA PURPOSE: UNRESTRICTED GRANT TO FURTHER THE ORGANIZATIONS EXEMPT PURPOSE | $14,039 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Leadingage Inc Washington, DC | $34,986,280 | $17,783,069 |
National Housing Center Corp Washington, DC | $55,551,825 | $8,807,162 |
National American Indian Housing Council Washington, DC | $5,348,139 | $3,809,714 |
National Association Of Residential Property Managers Chesapeake, VA | $7,197,610 | $3,141,683 |
Public Housing Authorities Directors Association Washington Dc, DC | $6,101,461 | $2,791,595 |
Association Of Foreign Investors In Real Estate Washington, DC | $2,165,663 | $2,052,109 |
Stewards Of Affordable Housing For The Future Washington, DC | $4,750,399 | $3,265,921 |
Nahma Inc Alexandria, VA | $1,371,765 | $1,737,919 |
National Housing Rehabilitation Association Washington, DC | $1,764,260 | $1,317,747 |
National Association Of Affordable Housing Lenders Washington, DC | $2,812,114 | $1,286,795 |
Home Builders Association Of Virginia Richmond, VA | $2,262,595 | $1,140,915 |
Dulles Area Association Of Realtors Ashburn, VA | $1,053,649 | $713,181 |