Ascend Housing Allies Incorporated

Organization Overview

Ascend Housing Allies Incorporated is located in South Burlington, VT. 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. Ascend Housing Allies Incorporated 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, Ascend Housing Allies Incorporated generated $1.4m in total revenue. All expenses for the organization totaled $86.4k during the year ending 12/2023. While expenses have increased by 150.5% per year over the past 2 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 HELP PEOPLE WITH LOW-INCOME, ESPECIALLY THOSE WHO ARE HOMELESS OR A RISK OF HOMELESSNESS, ACCESS AND THRIVE IN HIGH-QUALITY AFFORDABLE HOUSING. TO PROMOTE AND ASSIST THE CONTINUED CONSTRUCTION, REHABILITATION, AND DEVELOPMENT OF AFFORDABLE AND SUPPORTED HOUSING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROVIDES AND SUPPORTS AFFORDABLE HOUSING IN VERMONT.


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Board, Officers & Key Employees

Name (title)Compensation
Richard P Davisson II
President
$0
Thomas Getz
Secretary
$0
Katherine Decarreau
Treasurer
$0
Robert Rushford
Director
$0
Matt Tedder
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,350,000
All other contributions, gifts, grants, and similar amounts not included above$6,500
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,356,500
Total Program Service Revenue$47,769
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 $1,404,269

Peer Organizations

Organization NameAssets
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$10,193,207
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$4,448,679
Pratt Area Community Council Inc
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$3,597,570
Ccba Tai Tung Management Inc
Boston, MA
$8,642,559
The Caleb Group Inc
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$4,036,984
Housing Assistance Program Of Essex County
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$3,287,178
1415 Wythe Housing Development Fund Corporation
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$1,306,543
Utica Neighborhood Housing Service Inc
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$3,447,974
Camfield Tenants Association Inc
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$4,429,637
Community Loan Fund Of The Capital Region Inc
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$2,816,861
Nosotros Housing Development Fund Corporation
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$1,931,532
St Mark Affordable Housing Development Fund Corporation
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$1,853,732
New Walton Avenue Hdfc
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$2,488,752
Bonifacio Cora Texidor Housing Developement Fund Corp
New York, NY
$1,730,306
Justfix Inc
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$1,643,623
Outstanding Renewal Enterprises Inc
New York, NY
$2,472,674
Edgewood Senior Solutions Group Inc
North Andover, MA
$1,906,395
Stratford Housing Development Fund Corporation
New York, NY
$1,224,194
Wartburg Housing Development Fund Corporation
Scarsdale, NY
$1,357,614
Habitat For Humanity International Inc
Leominster, MA
$1,870,114
John Wesley Village Ii Inc
Riverhead, NY
$857,686
Rochester Housing Charities Inc
Rochester, NY
$1,215,278

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