Affordable Housing Usa
- Assets
- $94.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 08/2017
- Data as of
- 06/2023
- EIN
- 82-1921794
Organization Overview
Affordable Housing Usa is located in Los Angeles, CA. The organization was established in 2017. 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. Affordable Housing USA 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 06/2023, Affordable Housing USA generated $42.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 74.5% each year . All expenses for the organization totaled $23.5k during the year ending 06/2023. While expenses have increased by 74.7% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO WORK WITH EXISTING NON-PROFIT AND FOR-PROFIT DEVELOPERS TO PRESERVE THE EXISTING STOCK OF AFFORDABLE HOUSING FOR THE LONG TERM, BY COMBINING PRESERVATION AND DEVELOPMENT OF HOUSING AND ENTERING INTO "PUBLIC/PRIVATE PARTNERSHIPS" WITH THE SOCIAL SERVICES AND EDUCATIONAL ACTIVITIES TO SUSTAIN THEM AND OFFER A HIGHER QUALITY OF LIFE IN AND FOR VERY LOW- AND LOW-INCOME COMMUNITIES IN SOUTHERN CALIFORNIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Genny Alberts CEO | 0 | $0 | |
Hugh Martinez CFO | 0 | $0 | |
David Etezadi Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $42,492 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $42,492 |
| 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 | $18,800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2 |
| Other expenses | $4,700 |
| Total expenses | $23,502 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27 |
| Other assets | $0 |
| Total assets | $94,145 |
| Total liabilities | $4,690 |
| Net assets or fund balances | $89,455 |