Overview

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Est.

1988

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

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Mission Statement

AFFORDABLE HOUSING RESOURCES, INC. (AHR) IS A NON-PROFIT ORGANIZATION WHOSE MISSION IS TO CREATE AFFORDABLE HOUSING AND STRONG NEIGHBORHOODS. FOR OVER 20 YEARS, AHR HAS BEEN LAYING A FOUNDATION FOR SUCCESSFUL HOME OWNERSHIP FOR MIDDLE TENNESSEE'S WORKFORCE. AHR IS COMMITTED TO PROVIDING HOME OWNERSHIP OPPORTUNITIES FOR LOW TO MODERATE INCOME FAMILIES, WHICH ENABLES THESE FAMILIES TO BECOME SUCCESSFUL HOMEOWNERS OVER THE LONG TERM.AHR HAS DEVELOPED AND SOLD OVER 1,500 SINGLE FAMILY HOMES AND ASSISTED OVER 15,000 PEOPLE IN BUYING THEIR FIRST HOME THROUGH ITS 3 MAIN PROGRAMS: 1. HOME BUYER EDUCATION AND FINANCIAL LITERACY PROGRAMS 2. SINGLE FAMILY HOUSING DEVELOPMENT 3. MORTGAGE LENDING PROGRAMS
Revenues
$7.6M
Expenses
$5.7M
Net Income:
+$2M
Assets
$29.9M
Liabilities
$16.6M
Net Assets:
+$13.4M
Operating Budget
$5.7M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
3
Median grant size
$2K
Largest grant received
$366.5K
E
Eddie Latimer
Board Member
D
David Crane
Board Member
J
Jim Rieniets
Board Member

Frequently Asked Questions

What is AFFORDABLE HOUSING RESOURCES INC’s budget?
In 2024, AFFORDABLE HOUSING RESOURCES INC reported an annual operating budget of around $5.7 million. More detailed financial information is available to registered users.
What causes does AFFORDABLE HOUSING RESOURCES INC support?
AFFORDABLE HOUSING RESOURCES INC supports work in Housing development.
Where does AFFORDABLE HOUSING RESOURCES INC operate?
AFFORDABLE HOUSING RESOURCES INC is headquartered in Nashville, TN.
Who funded AFFORDABLE HOUSING RESOURCES INC recently?
In 2024, AFFORDABLE HOUSING RESOURCES INC received grants from NEIGHBORHOOD REINVESTMENT CORPORATION, DOROTHY CATE AND THOMAS F FRIST FOUNDATION, and REGIONS FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant AFFORDABLE HOUSING RESOURCES INC received in 2024?
The largest grant to AFFORDABLE HOUSING RESOURCES INC in 2024 exceeds $367 thousand.
What is AFFORDABLE HOUSING RESOURCES INC’s reliance on government grants?
AFFORDABLE HOUSING RESOURCES INC relied on government grants for more than 55% of their total revenue in 2024.