Georgia Affordable Housing Coalition Inc
- Assets
- $717.8k
- Revenue
- $441.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 08/1998
- Data as of
- 06/2021
- EIN
- 58-2265624
Organization Overview
Georgia Affordable Housing Coalition Inc is located in Atlanta, GA. The organization was established in 1998. According to its NTEE Classification (L01) the organization is classified as: Alliances & Advocacy, 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. Georgia Affordable Housing Coalition Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2021, Georgia Affordable Housing Coalition Inc generated $441.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $408.5k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (7.0%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVOCATE FOR AFFORDABLE HOUSING RESOURCES SUCH AS LOW INTEREST LOANS, HOUSING FUNDING, PROPERTY TAX ASSESSMENTS, AND THE CONTINUTATION OF THE STATE TAX CREDIT PROGRAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GEORGIA AFFORDABLE HOUSING COALITION REPRESENTS THE AFFORDABLE/LOW INCOME HOUSING TAX CREDIT MULTIFAMILY RENTAL HOUSING INDUSTRY IN GA PROVIDING A FORUM FOR INFORMATION SHARING, NETWORKING AND ADVOCACY FOR ITS MEMBER ORGANIZATIONS. THE COALITION WORKS TO PRESERVE AND INCREASE RESOURCES FOR AFFORDABLE RENTAL HOUSING AND MONITORS LEGISLATION AND PUBLIC POLICY THAT AFFECT THE DEVELOPMENT AND OPERATION OF AFFORDABLE HOUSING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ken Blankenship Chair/president | OfficerTrustee | 0 | $0 |
Dave Dixon Director | Trustee | 0 | $0 |
Rob Hoskins Director | Trustee | 0 | $0 |
Bryant Coats Director | Trustee | 0 | $0 |
Rhett Holmes Director | Trustee | 0 | $0 |
Jeff Adams Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $159,000 |
| 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 | $159,000 |
| Total Program Service Revenue | $282,790 |
| 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 | $441,841 |
| 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 | $8,409 |
| 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 | $1,133 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $89,149 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,233 |
| All other expenses | $10,348 |
| Total functional expenses | $408,537 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $717,770 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Total assets | $717,770 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $717,770 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $717,770 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Atlanta Apartment Association Inc Atlanta, GA | $7,985,482 | $4,087,197 |
Southeastern Affordable Housing Management Association Inc Decatur, GA | $3,339,035 | $1,105,572 |
Georgia Affordable Housing Coalition Inc Atlanta, GA | $717,770 | $441,841 |
Kinston Ecumenical Housing Corporation Kinston, NC | $735,422 | $335,257 |
Our Place Nashville Nashville, TN | $263,748 | $400,032 |
Common Ground Project Inc Melbourne, FL | $160,940 | $0 |
Tep Inc St Augustine, FL | $2,528,664 | $400,479 |
A Lotta Love Inc Chapel Hill, NC | $175,104 | $0 |
Streets Of Paradise Inc Sarasota, FL | $138,146 | $0 |
One Voice Shelter Coalition Opelika, AL | $422,070 | $0 |
National Association Of Manufactured Home Owners Jacksonville, FL | $62,158 | $39,240 |
Citizens For Home Rule Inc Knoxville, TN | $108,564 | $13 |