Affordable Community Housing Inc
- Assets
- $2.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Elkhorn, WI
- Founding
- 05/1991
- Data as of
- 12/2019
- EIN
- 39-1685574
Organization Overview
Affordable Community Housing Inc is located in Elkhorn, WI. The organization was established in 1991. 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 Community 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 12/2019, Affordable Community Housing Inc generated $17.4k 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 (37.2%) each year. All expenses for the organization totaled $15.4k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (38.3%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION MANAGES AFFORDABLE APARTMENT COMPLEXES ON BEHALF OF THE OWNERS. THESE APARTMENTS ARE AVAILABLE TO ELIGIBLE FAMILIES BASED ON THEIR INCOME. THE ORGANIZATION IS RESPONSIBLE FOR ELIGIBILITY, TENANT QUESTIONS, PROPERTY MANAGEMENT, MAINTENANCE, ETC. 44 FAMILIES BENEFIT FROM OUR SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Bigler Vice Chairperson | 1 | $0 | |
Sarah Boss Executive Director | 3 | $0 | |
Reverend Scott Mcleod Chairperson | 1 | $0 | |
Jean Carroll Commissioner | 1 | $0 | |
Thomas Hartz Commissioner | 1 | $0 | |
Jon Kachel Commissioner | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,200 |
| Total Program Service Revenue | $16,221 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $17,421 |
| 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 | $3,074 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,296 |
| Total expenses | $15,370 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,542 |
| Other assets | $0 |
| Total assets | $2,865 |
| Total liabilities | $250 |
| Net assets or fund balances | $2,615 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Affordable Community Housing Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Kachel Family Foundation Inc Whitewater, WI PURPOSE: SUPPORT FOR OPERATIONS. | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iccf Community Home Grand Rapids, MI | $56,991,774 | $12,188,676 |
Reach For Your Potential Inc Iowa City, IA | $7,743,905 | $10,140,331 |
Ppl Properties Minneapolis, MN | $55,862,410 | $5,681,463 |
Hudsonville Christian School Hudsonville, MI | $18,424,541 | $13,917,128 |
Region Xii Council Of Governments Inc Carroll, IA | $20,470,902 | $9,309,351 |
Dwelling Place Of Grand Rapids Nonprofit Housing Corporation Grand Rapids, MI | $53,298,449 | $7,853,634 |
Harbor House Ministries Jenison, MI | $5,031,278 | $3,994,152 |
The Village At Mercy Creek Lemont, IL | $14,145,576 | $2,549,375 |
Preservation Housing Partners Bloomfield Hills, MI | $17,748,211 | $4,586,755 |
Squire Village Preservation Nfp Chicago, IL | $14,277,143 | $2,435,203 |
3700 Green Tree Corporation Milwaukee, WI | $10,160,568 | $2,809,473 |
United Auto Workers Senior Citizens Center Inc Pekin, IL | $7,079,676 | $2,252,963 |