Ashland Housing Development Corporation
- Assets
- $190.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ashland, AL
- Founding
- 05/1992
- Data as of
- 09/2021
- EIN
- 63-0958088
Organization Overview
Ashland Housing Development Corporation is located in Ashland, AL. The organization was established in 1992. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, 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. Ashland Housing Development Corporation 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 09/2021, Ashland Housing Development Corporation generated $58.5k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $16.6k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (24.7%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
TO PROMOTE AND ADVANCE DECENT, SAFE, AND SANITARY HOUSING FOR PERSONS OF LOW INCOME, INCLUDING FAMILIES AND ELDERLY, HANDICAPPED OR DISABLED PERSONS IN THE CITY OF ASHLAND, ALABAMA, AND TO ACT AS AN INSTRUMENTALITY OF THE HOUSING AUTHORITY OF THE CITY OF ASHLAND, ALABAMA BY, AMONG OTHER THINGS, OWNING, OPERATING, MAINTAINING OR FINANCING A HOUSING PROJECT OR PROJECTS APPROVED BY THE AUTHORITY AND USABLE FOR PUBLIC HOUSING PURPOSES OR OTHER CHARITABLE PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stan Gaither Secretary | 5 | $0 | |
Don Fulbright Chairman | 1 | $0 | |
Allen Worthy Member | 1 | $0 | |
Linda Giddens Member | 1 | $0 | |
Scotty Parker Member | 1 | $0 | |
Paul Ballard Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $53,484 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5,001 |
| Total Revenue | $58,485 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $6,203 |
| Occupancy, rent, utilities, and maintenance | $442 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,955 |
| Total expenses | $16,600 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $178,126 |
| Other assets | $0 |
| Total assets | $190,871 |
| Total liabilities | $2,990 |
| Net assets or fund balances | $187,881 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ashland Housing Development Corporation has recieved totaling $11.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $11 |
Peer Organizations
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|---|---|---|
Guardian Center Inc Ooltewah, TN | $1,527,267 | $10,632,560 |
Jerusalem House Inc Atlanta, GA | $4,358,598 | $7,877,090 |
Habitat For Humanity International Inc Jacksonville, FL | $26,227,920 | $12,923,898 |
Greater Birmingham Habitat For Humanity Inc Fairfield, AL | $36,123,846 | $9,151,776 |
American Opportunity Foundation Atlanta, GA | $34,585,201 | $5,667,158 |
Recovery Place Community Services Inc Savannah, GA | $2,985,458 | $7,587,530 |
Habitat For Humanity International Inc Punta Gorda, FL | $22,683,831 | $7,560,084 |
Enable Of Georgia Inc Atlanta, GA | $1,473,747 | $7,388,233 |
Atlanta Neighborhood Development Partnership Inc Atlanta, GA | $68,577,234 | $9,513,870 |
Housing Economic Reinvestment Opportunities Inc Macon, GA | $21,751,441 | $5,680,420 |
Pensacola Habitat For Humanity Inc Pensacola, FL | $44,863,385 | $6,674,688 |
Habitat For Humanity Of Key West And Lower Florida Keys Key West, FL | $7,494,321 | $6,290,973 |