Arizona Multihousing Charitable Foundation
- Assets
- $351.4k
- Revenue
- $80.2k
- Investments
- $71.2k
- Employees
- 0
- Location
- Phoenix, AZ
- Founding
- 01/2011
- Data as of
- 12/2022
- EIN
- 27-1586156
Organization Overview
Arizona Multihousing Charitable Foundation is located in Phoenix, AZ. The organization was established in 2011. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arizona Multihousing Charitable Foundation 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 12/2022, Arizona Multihousing Charitable Foundation generated $80.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $22.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (23.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ENHANCE THE LIVES OF COMMUNITY MEMBERS THROUGH THE CULTIVATION OF OPPORTUNITIES AND FINANCIAL RESOURCES THAT ADDRESS HOMELESSNESS, SUPPORT EDUCATION, AND INSPIRE HOPE IN OUR NEIGHBORHOODS, WHILE PROVIDING A PHILANTHROPIC NETWORK FOR OUR AMA MEMBERS TO IMPROVE THEIR OWN LIVES WHILE POSITIVELY IMPACTING ARIZONA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RAISED $190,000 IN PHOENIX AND TUCSON
OVER 450 STOCKINGS STUFFED FROM CHRISTMAS IN JULY STOCKING DRIVE
PREVENTED 12 FAMILIES FROM BEING EVICTED BY FUNDS RAISED FOR THE RESIDENT RELIEF FOUNDATION.
HOSTED OVER 20 FUNDRAISING EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Coburn Director | Trustee | 1 | $0 |
Sarah Macarian Director | Trustee | 1 | $0 |
Michelle Sinclair Director | Trustee | 1 | $0 |
Tina Greco Director | Trustee | 1 | $0 |
Leigh Massey Director | Trustee | 1 | $0 |
Lisa Rosenfeld Director | Trustee | 1 | $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 | $93,637 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $93,637 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | -$14,045 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $257 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $80,169 |
| 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 | $0 |
| 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 | $22,872 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $268,500 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,747 |
| 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 | $71,158 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $351,405 |
| Accounts payable and accrued expenses | $10,024 |
| 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 | $10,024 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $341,381 |
| 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 | $351,405 |
Grants Awarded
Over the last fiscal year, Arizona Multihousing Charitable Foundation has awarded $43,552 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
OUR FAMILY SERVICES PURPOSE: TO PROMOTE INVOLVEMENT IN THE COMMUNITY | $18,788 |
UMOM NEW DAY CENTERS INC PURPOSE: TO PROMOTE INVOLVEMENT IN THE COMMUNITY | $12,382 |
SOUTHWEST AUTISM RESEARCH & RESOURCE CENTER PURPOSE: TO PROMOTE INVOLVEMENT IN THE COMMUNITY | $6,191 |
AUTISM SPEAKS PURPOSE: TO PROMOTE INVOLVEMENT IN THE COMMUNITY | $6,191 |