Overview

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Est.

2001

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Affordable Communities Inc. is a nonprofit housing corporation dedicated to providing affordable housing to low and moderate-income families and individuals in the Denver metro area and Lamar, Colorado. With an operating budget of $1.6 million and total revenue of $1.4 million for the 2024 filing year, the organization focuses on addressing housing needs in its communities. It does not rely on a single funder for 50% or more of its revenue.

Mission Statement

AFFORDABLE COMMUNITIES, INC. IS A NON-PROFIT HOUSING CORPORATION CREATED TO PROVIDE AFFORDABLE HOUSING TO LOW AND MODERATE INCOME FAMILIES AND INDIVIDUALS IN THE DENVER METRO AREA AND LAMAR, COLORADO.
Revenues
$1.4M
Expenses
$1.6M
Net Income:
-$225.3K
Assets
$4.2M
Liabilities
$3.4M
Net Assets:
+$805.4K
Operating Budget
$1.6M
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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E
Ed Biga
Board Member
A
Alan M Feinstein
Board Member
A
Alan M Feinstein
Board Member

Frequently Asked Questions

What is AFFORDABLE COMMUNITIES INC’s budget?
In 2024, AFFORDABLE COMMUNITIES INC reported an annual operating budget of around $1.6 million. More detailed financial information is available to registered users.
What causes does AFFORDABLE COMMUNITIES INC support?
AFFORDABLE COMMUNITIES INC supports work in Housing development.
Where does AFFORDABLE COMMUNITIES INC operate?
AFFORDABLE COMMUNITIES INC is headquartered in Broomfield, CO.
What is AFFORDABLE COMMUNITIES INC’s reliance on government grants?
AFFORDABLE COMMUNITIES INC relied on government grants for more than 50% of their total revenue in 2024.