Community Action For Affordable Neighborhoods
- Assets
- $378.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Knoxville, TN
- Founding
- 04/2010
- Data as of
- 06/2022
- EIN
- 27-0849601
Organization Overview
Community Action For Affordable Neighborhoods is located in Knoxville, TN. 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. Community Action For Affordable Neighborhoods is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
COMMUNITY ACTION FOR AFFORDABLE NEIGHBORHOODS (CAAN) IS AN ORGANIZATION DEDICATED TO ASSISTING LOW INCOME INDIVIDUALS AND FAMILIES WITH HOUSING IN THE KNOXVILLE CITY LIMITS. CAAN PROVIDES FINANCIAL COUNSELING TO REPAIR BAD CREDIT AND ASSIST WITH FINDING A MORTGAGE FROM A LENDER. ONCE A MORTGAGE IS OBTAINED, CAAN CONTINUES TO PROVIDE COUNSELING TO HELP WITH FINANCIAL MANAGEMENT. CAAN FOCUSES ON SUSTAINABLE CONSTRUCTION AND WILL ADVISE POTENTIAL HOME BUYERS ABOUT AVAILABLE PROPERTIES. CAAN WILL OVERSEE NEW CONTRUCTION FOR SUSTAINABLE PRACTICES AND ENERGY EFFICIENCY TO ASSIST THE HOME BUYER IN SAVING ON UTILITIES. IF THE HOME BUYER IS PURCHASING RATHER THAN BUILDING, CAAN WILL INSPECT THE PROPERTY TO DETERMINE WHAT WORK NEEDS TO BE DONE TO MEET CAAN'S REQUIREMENTS, LOCAL BUILDING CODES, AND ENERGY STAR REQUIREMENTS. CAAN ASSISTS HOMEBUYERS THROUGHOUT EACH PHASE OF THE PROJECT. CAAN ALSO PROVIDES USEFUL AND INFORMATIVE HOME OWNERSHIP TRAINING PROGRAMS TO PREPARE BUYERS FOR TRANSITIONING FROM TENANT TO HOME OWNERSHIP. CAAN WILL DO THIS FOR NOT LESS THAN A PERIOD OF FIVE YEARS WHILE MAINTAINING REGULAR COMMUNICATION WITH HOME OWNERS AFTER CLOSING. HOME VISITS ARE ALSO SCHEDULED TO ADVISE HOMEOWNERS WITH HOUSING MAINTENANCE ISSUES AS THEY MAY ARISE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Polly Doka President | 1 | $0 | |
Sylvia Woods Vice President | 1 | $0 | |
Dale Grubbs Secretary/treasurer | 1 | $0 | |
Marian Bailey Board Member | 1 | $0 | |
Desiree Beasley Board Member | 1 | $0 | |
Larry Wright Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $378,231 |
| Other assets | $0 |
| Total assets | $378,231 |
| Total liabilities | $0 |
| Net assets or fund balances | $378,231 |