Affordable Housing Initiatives

Organization Overview

Affordable Housing Initiatives is located in Waite Park, MN. The organization was established in 2014. According to its NTEE Classification (L30) the organization is classified as: Housing Search Assistance, 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 Housing Initiatives 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 12/2021, Affordable Housing Initiatives generated $29.6k 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 (46.2%) each year. All expenses for the organization totaled $19.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE AFFORDABLE HOUSING AND RELATED SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROMOTION OF AFFORDABLE HOUSING AND RELATED SERVICES


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Board, Officers & Key Employees

Name (title)Compensation
John Belisle
President
$0
Peter Fuchsteiner
Secretary
$0
Jim Sand
Treasurer
$0
Jeffrey Rieder
Board Member
$0
Matt Lovitz
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
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$0
Total Program Service Revenue$0
Investment income $8,440
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $21,200
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $29,640

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