Albemarle Housing Improvement Program Inc

Organization Overview

Albemarle Housing Improvement Program Inc is located in Charlottesville, VA. The organization was established in 1997. 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 06/2021, Albemarle Housing Improvement Program Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Albemarle Housing Improvement Program Inc 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, Albemarle Housing Improvement Program Inc generated $5.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $2.3m during the year ending 06/2021. 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

AHIP BELIEVES THAT EVERYONE SHOULD BE SAFE AT HOME. AHIP IS A STATE- LICENSED CLASS A CONTRACTOR THAT WORKS YEAR-ROUND TO DELIVER EMERGENCY REPAIRS, HOUSING REHABS, AND ENERGY-EFFICIENCY SERVICES TO LOW-INCOME HOUSEHOLDS IN CHARLOTTESVILLE AND ALBEMARLE COUNTY. TO GET THE JOB DONE, AHIP WORKS WITH A SPECTRUM OF COMMUNITY PARTNERS, INCLUDING LOCAL GOVERNMENTS, LOCAL NONPROFITS, AREA SUBCONTRACTORS AND SUPPLIERS, VOLUNTEERS, LOCAL FOUNDATIONS, AND INDIVIDUAL CONTRIBUTORS. AS PUBLIC FUNDS FOCUS PRIMARILY ON RENTAL HOUSING DEVELOPMENT AND NEW CONSTRUCTION, AHIP'S PRIVATE SUPPORTERS ARE INCREASINGLY VITAL TO OUR ABILITY TO RESPOND TO THE COMMUNITY NEED; KEEP FAMILIES SAFER, HEALTHIER, AND MORE STABLE; PRESERVE EXISTING AFFORDABLE HOMES AND PROTECT FAMILY WEALTH; REDUCE OUR COMMUNITY'S RESIDENTIAL CARBON FOOTPRINT; SLOW DISPLACEMENT AND MAINTAIN NEIGHBORHOOD DIVERSITY; AND KEEP HOMEOWNERSHIP AFFORDABLE AND ATTAINABLE FOR LOW-INCOME HOUSEHOLDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AHIP TAKES A MULTIFACETED APPROACH TO TACKLING HOUSING NEEDS BY CARRYING OUT EMERGENCY REPAIRS, COMPREHENSIVE REHABS, AND ENERGY-EFFICIENCY UPGRADES. OUR CRITICAL REPAIR PROGRAMS ADDRESS BASIC SAFETY AND HEALTH CONCERNS AT HOME: FAILING ROOFS, LACK OF HEAT, FAILED WELLS AND SEPTIC SYSTEMS, FAULTY PLUMBING, DANGEROUS ELECTRICAL SYSTEMS, UNSAFE STRUCTURES, PEELING PAINT, DILAPIDATED KITCHENS AND BATHROOMS, MOLD, HAZARDOUS STEPS, LACK OF INSULATION, AND BROKEN WINDOWS AND DOORS. TOGETHER WITH OUR DONORS, BUSINESS PARTNERS, VOLUNTEERS, AND ADVOCATES LAST YEAR, WE KEPT 226 PEOPLE SAFE AND SECURE BY IMPROVING 97 HOMES WITH 156 CRITICAL REPAIRS AND RETROFITS.


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Board, Officers & Key Employees

Name (title)Compensation
Jennifer Jacobs
Executive Di
$96,463
Craig Kaiser
CFO
$70,359
Waki Wynn
President
$0
Fred Missel
Vice Preside
$0
Kristin Szakos
Vice Preside
$0
Victoria Jones
Treasurer
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Johnson Custom Windows & Doors
Construction
$208,260
Bridgeport Construction
Construction
$104,435
Johnson Custom Windows & Doors
Construction
$208,260
Bridgeport Construction
Construction
$104,435
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,360,260
All other contributions, gifts, grants, and similar amounts not included above$1,220,276
Noncash contributions included in lines 1a–1f $64,648
Total Revenue from Contributions, Gifts, Grants & Similar$2,580,536
Total Program Service Revenue$50,687
Investment income $7,955
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $586
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,756,026

Grants Recieved

Over the last fiscal year, we have identified 19 grants that Albemarle Housing Improvement Program Inc has recieved totaling $549,335.

Awarding OrganizationAmount
Oak Hill Fund

Charlottesville, VA

PURPOSE: TO COMPLETE FIVE OR MORE CRITICAL REHAB PROJECTS FOR LOW- AND VERY LOW-INCOME HOUSEHOLDS IN THE CITY OF CHARLOTTESVILLE.

$200,000
Charlottesville Area Community Foundation

Charlottesville, VA

PURPOSE: GENERAL PURPOSES

$73,000
Perry Foundation Incorporated

Charlottesville, VA

PURPOSE: PURPOSE OF DONEE

$60,000
M Austin Davis Foundation Inc

Jacksonville, FL

PURPOSE: UNSPECIFIED

$50,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HUMAN SERVICES

$49,440
Ujala Foundation

Bonita Springs, FL

PURPOSE: GENERAL PURPOSE

$30,000
View Grant Recipient Profile

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