Vista Affordable Housing Inc

Organization Overview

Vista Affordable Housing Inc is located in Dearborn Heights, MI. The organization was established in 2010. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, 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. Vista Affordable Housing Inc 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, Vista Affordable Housing Inc generated $271.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $278.3k during the year ending 12/2021. While expenses have increased by 6.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

VISTA AFFORDABLE HOUSING, INC. WAS FORMED TO ACQUIRE AFFORDABLE HOUSING AND MAKE THAT HOUSING AVAILABLE TO TENANTS IN CONJUNCTION WITH THE CHARITABLE, RELIGIOUS, EDUCATIONAL, AND SPECIFIC PURPOSES OF ITS MEMBER, VISTA MARIA. VISTA AFFORDABLE HOUSING, INC. IS OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE SPECIFIC PURPOSES OF VISTA MARIA, A NON-PROFIT CORPORATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

VISTA AFFORDABLE HOUSING, INC. WAS FORMED TO ACQUIRE AFFORDABLE HOUSING AND MAKE THAT HOUSING AVAILABLE AT A LOW COST TO THE TENANTS THAT THE PRIVATE HOUSING MARKET DOES NOT ADEQUATELY SERVE IN CONJUNCTION WITH THE CHARITABLE, EDUCATIONAL, AND SPECIFIC PURPOSES OF ITS MEMBER, VISTA MARIA. VISTA AFFORDABLE HOUSING INC. IS OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE SPECIFIC PURPOSES OF VISTA MARIA, A NON-PROFIT CORPORATION. DURING 2021, VISTA AFFORDABLE HOUSING SERVED 35 TENANTS THROUGH SHEPHERD HALL.


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Board, Officers & Key Employees

Name (title)Compensation
Michelle Lemerond
Board Chair
$0
Ladonna Holley
Treasurer
$0
Evelyn Brown
Secretary
$0
Kelly Small
President - Vah, Director
$0
Sylvia Clark
Director
$0
Celeste Arduino
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$190,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$50,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$240,000
Total Program Service Revenue$27,942
Investment income $1,530
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,959
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $271,431

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Vista Affordable Housing Inc has recieved totaling $190,000.

Awarding OrganizationAmount
Vista Maria

Dearborn Heights, MI

PURPOSE: TO ASSIST THE ORGANIZATION WITH ITS MISSION

$190,000
View Grant Recipient Profile

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