Georgia Advancing Communities Together Inc

Organization Overview

Georgia Advancing Communities Together Inc, operating under the name Georgia Act, is located in Atlanta, GA. The organization was established in 2002. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Georgia Act employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgia Act 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 12/2023, Georgia Act generated $627.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $550.6k during the year ending 12/2023. While expenses have increased by 10.2% per year over the past 9 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO BUILD A NETWORK OF STRONG NONPROFIT ORGANIZATIONS ENGAGED IN HOUSING AND COMMUNITY DEVELOPMENT THROUGHOUT GEORGIA

Describe the Organization's Program Activity:

Part 3 - Line 4a

GEORGIA ACT WAS THE "GO TO" AGENCY FOR AFFORDABLE HOUSING AND EQUITABLE COMMUNITY DEVELOPMENT POLICY EXPERTISE IN GEORGIA. THE MAJORITY OF THE OPERATING BUDGET WAS USED FOR PROGRAMMING AND ADVOCACY *CO-CHAIRS THE HOUSE ATL POLICY WORKING GROUP & PARTICIPATES ON THE HOMEOWNERSHIP WORKING GROUP AND ADVISORY BOARD **CONTINUED PARTNERSHIPS AS A BOARD OR COMMITTEE MEMBER AND PARTICIPATION WITH ORGANIZATIONS BY PARTICIPATION IN MEETINGS, EVENTS AND WEBINARS SPONSORED BY SEVERAL ORGANIZATIONS AND FUNDERS *CO-HOSTED THE NACEDA ANNUAL NATIONAL SUMMIT IN ATLANTAX*CONTINUED PTNRSHIP WITH NCRP TO ACQUIRE NEW FUNDERS,ETC *CONTINUED ADVOCACY ON THE LOCAL, STATE, AND FEDERAL LEVELS FOR ECONOMIC DEVELOPMENT; AFFORDABLE HOUSING ASSISTED IN ADVOCATION FOR TENANT PROTECTION THAT SUPPORTS SAFE, DECENT, AFFORDABLE AND STABLE HOUSING PROVIDED ASSISTANCE WITH NONPARTISAN VOTER ENGAGEMENT TRAINING. CONTINUED OUR PARTNERSHIP VARIOUS COLLEGES AND OTHER GROUPS TO INCREASE AWARENESS OF AFFORDABLE HOUSING, COMMUNITY ECONOMIC DEVELOPMENT AND ADVOCACY AS A CAREER CHOICE PARTICIPATED IN VARIOUS SPEAKING ENGAGEMENTS


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Board, Officers & Key Employees

Name (title)Compensation
Bambie Hayes-Brown
President & CEO
$119,440
Rita Gibson
Board Chair
$0
Gmitchell Brown
Board Vice Chair
$0
Elizabeth Wallace
Board Secretary
$0
Robert Cooke
Board Treasurer
$0
Christie Cade
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$6,005
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$604,424
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$610,429
Total Program Service Revenue$15,674
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 $627,036

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