Affordable Housing Clearinghouse
- Assets
- $1.9m
- Revenue
- $540.6k
- Investments
- $0.0
- Employees
- 4
- Location
- Lake Forest, CA
- Founding
- 11/1996
- Data as of
- 06/2021
- EIN
- 33-0489568
Organization Overview
Affordable Housing Clearinghouse is located in Lake Forest, CA. The organization was established in 1996. According to its NTEE Classification (L82) the organization is classified as: Housing Expense Reduction Support, under the broad grouping of Housing & Shelter and related organizations. As of 06/2021, Affordable Housing Clearinghouse employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Affordable Housing Clearinghouse 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 06/2021, Affordable Housing Clearinghouse generated $540.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $439.1k during the year ending 06/2021. While expenses have increased by 4.0% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED PERMANENT LOW INCOME HOUSING
PROVIDE COMPREHENSIVE HOUSING COUNSELING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda J Rodriguez Executive Dir. | Officer | 40 | $172,994 |
Jose R Lopez Secretary | OfficerTrustee | 0.6 | $0 |
Elsa Monte President | OfficerTrustee | 0.81 | $0 |
Kandy Hung Treasurer | OfficerTrustee | 0.63 | $0 |
Christopher Garcia Vice President | OfficerTrustee | 0.63 | $0 |
David Levy Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $400,309 |
| Investment income | $3,291 |
| 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 | $540,630 |
| Statement of Expenses | |
|---|---|
| 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. | $193,920 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $97,615 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $49,229 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,142 |
| Fees for services: Accounting | $18,819 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,816 |
| Advertising and promotion | $4,289 |
| Office expenses | $3,911 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,079 |
| Travel | $223 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $59 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,148 |
| Insurance | $275 |
| All other expenses | $0 |
| Total functional expenses | $439,081 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,229,165 |
| Savings and temporary cash investments | $309,379 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,947,604 |
| Accounts payable and accrued expenses | $26,548 |
| 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 | $370,463 |
| Total liabilities | $397,011 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $1,550,593 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Affordable Housing Clearinghouse has recieved totaling $126,375.
| Awarding Organization | Amount |
|---|---|
Homefree Usa Inc Landover, MD PURPOSE: Property purchased for renovation and sale ot low and moderate income potential home owners. | $76,375 |
Banc Of California Charitable Foundation Santa Ana, CA PURPOSE: THE PURPOSE OF THIS GRANT IS TO SUPPORT AFFORDABLE HOUSING PROGRAMS | $20,000 |
Mufg Union Bank Foundation Ag Phoenix, AZ PURPOSE: CHARITABLE | $15,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $10,000 |
Farmers And Merchants Bank Foundation Long Beach, CA PURPOSE: SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Low Income Investment Fund San Francisco, CA | $611,936,079 | $85,259,103 |
Trellis Phoenix, AZ | $14,366,435 | $6,000,326 |
Stovall Development Corporation Los Angeles, CA | $15,224,162 | $3,956,852 |
Heat Oregon Portland, OR | $2,927,868 | $1,655,425 |
Neighborhood Housing Services Of The Inland Empire Inc San Bernardino, CA | $6,288,165 | $1,968,201 |
Shared Housing And Resource Exchange California Santa Rosa, CA | $388,408 | $771,294 |
Affordable Housing Clearinghouse Lake Forest, CA | $1,947,604 | $540,630 |
Hhoc Mortgage Honolulu, HI | $2,943,127 | $542,379 |
Special Assistance Fund For Energy Safe Reno, NV | $382,283 | $307,507 |
Five Rivers Loan Fund Inc Happy Camp, CA | $1,465,568 | $158,853 |
Oregon Training Institute Salem, OR | $35,093 | $157,071 |
Greenline Housing Foundation Pasadena, CA | $87,704 | $0 |