Affordable Housing Of Kansas City Inc
- Assets
- $1.4m
- Revenue
- $658.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Kansas City, MO
- Founding
- 12/2009
- Data as of
- 12/2022
- EIN
- 26-2497732
Organization Overview
Affordable Housing Of Kansas City Inc is located in Kansas City, MO. The organization was established in 2009. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Affordable Housing Of Kansas City Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE SOCIAL WELFARE OF MODERATE, LOW AND VERY LOW INCOME FAMILIES THROUGH THE CREATION, REHABILITATION AND PRESERVATION OF AFFORDABLE HOUSING AND OTHER MEANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AFFORDABLE HOUSING OF KANSAS CITY, INC. (AHKC) IS FOCUSED ON IMPROVING THE SOCIAL WELFARE OF LOW AND VERY LOW INCOME FAMILIES IN KANSAS CITY THROUGH THE CREATION, REHABILITATION, AND PRESERVATION OF AFFORDABLE HOUSING. SUPPORTIVE HOUSING SERVICES FOR RESIDENTS ARE INCLUDED IN THE OPERATION OF THESE HOUSING DEVELOPMENTS. AHKC IS A CO-GENERAL PARTNER IN A NEW AFFORDABLE HOUSING SITE THAT WAS UNDER CONSTRUCTION IN 2021 AND ONE THAT WAS COMPLETING ITS FINANCING IN ADVANCE OF CONSTRUCTION. AHKC WAS ALSO A CO-GENERAL PARTNER IN ACQUIRING AND REFINANCING A TROUBLED AFFORDABLE HOUSING SITE IN 2021. THESE PROJECTS ARE ALL LOCATED IN KANSAS CITY, MISSOURI. THEY INCLUDE BROOKWOOD AT ANTIOCH WITH 26 SUBSIDIZED AFFORDABLE UNITS, SAM RODGERS PLACE WITH 27 SUBSIDIZED AFFORDABLE UNITS, AND CARDINAL RIDGE WITH 69 SUBSIDIZED AFFORDABLE UNITS. THE SUBSIDIES ARE ADMINISTERED BY AHKC'S SPONSOR AGENCY, THE HOUSING AUTHORITY OF KANSAS CITY, MISSOURI.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donovan Mouton Member | Trustee | 0.25 | $0 |
Edwin T Lowndes Secretary | OfficerTrustee | 0.25 | $0 |
Elisabeth Fast Member | Trustee | 0.25 | $0 |
Deth Im Chair | OfficerTrustee | 0.25 | $0 |
Willie Ferguson Member | Trustee | 0.25 | $0 |
Kyri Gorges Member | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $658,200 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $59,002 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $59,002 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $470,387 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $969,849 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $140 |
| Total assets | $1,440,376 |
| Accounts payable and accrued expenses | $52,494 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $52,494 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $1,387,882 |
| Total liabilities and net assets/fund balances | $1,440,376 |