Bluegrass Affordable Housing Association is located in Lexington, KY. The organization was established in 1998. According to its NTEE Classification (L80) the organization is classified as: Housing Support, 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. Bluegrass Affordable Housing Association 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 undefined, Bluegrass Affordable Housing Association generated $4.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.9%) each year. All expenses for the organization totaled $6.0k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (8.8%) per year over the past 7 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
Describe the Organization's Program Activity:
Part 3
IN AN EFFORT TO REVITALIZE THE COMMUNITY, GRANTS ARE MADE TO OTHER NON- PROFIT ORGANIZATIONS WITH THE STIPULATION THAT THESE GRANTS BE USED TO PROVIDE HOME LOANS TO LOW-INCOME INDIVIDUALS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brenda Weaver President | 1 | $152,227 | |
Rachel Childress Director | 1 | $0 | |
Kevin R Smith Treasurer | 1 | $235,141 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $4,644 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $4,644 |
Statement of Expenses | |
---|---|
Total expenses | $6,049 |
Balance Sheet | |
---|---|
Total assets | $457,066 |
Total liabilities | $475,122 |
Net assets or fund balances | -$18,056 |