The American Homeownership Foundation is located in Monrovia, CA. American Homeownership Foundation 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 06/2020, American Homeownership Foundation generated $35.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $83.0k during the year ending 06/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
MANAGED AFFORDABLE HOUSING PROGRAMS WITH VARIOUS MUNICIPALITIES AND PROVIDE APARTMENT HOUSING FOR LOW INCOME INDIVIDUALS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryan Wong Executive Direc | 40 | $75,000 | |
Roan Blacker Treasurer | 40 | $0 | |
Sonni Wong Secretary | 20 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $35,284 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $35,284 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $77,076 |
| Professional fees and other payments to independent contractors | $1,258 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $218 |
| Other expenses | $4,483 |
| Total expenses | $83,035 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,101 |
| Other assets | $0 |
| Total assets | $16,101 |
| Total liabilities | $981,757 |
| Net assets or fund balances | -$965,656 |