Housing & Shelter
Affordable Communities Inc Parent Return
SACRAMENTO, CA
Total revenue
$9.0M
Total expenses
$7.4M
Net assets
$3.5M
Grants received
—
EIN
300053792
Tax year
2024
Mission
Affordable Communities, Inc.,(the Organization) a California nonprofit public benefit corporation, established in 2001 under its original name Resident Owned Parks, Inc. The Organization's goals include providing and maintaining quality, affordable housing through the acquisition of mobilehome parks, and the development of affordable housing communities. The Organization encourages and empower its residents to take an active role in budget and management decisions; provide enhanced maintenance and services; and to ensure that its communities remain valuable sources of quality affordable housing. With the increasing number of households on fixed or limited incomes and with the scarcity of reliable, long-term, reasonably priced housing, the Organization endeavors to create vibrant communities where quality of life, resident involvement, and caring are priorities. The Organization is supported primarily through monthly rental payments from residents through month-to-month lease agreements
Financials
FY 2024
Revenue
Expenses
People
6 listed
Maurice A Priest
President
$240K
28 hrs/wk
Diane Priest
COO/Sec/Tres
$143K
30 hrs/wk
Timothy Stenvick
Director
—
1 hrs/wk
John Tennyson
Director
—
1 hrs/wk
Steve Clute
Director
—
1 hrs/wk
Dan Hauser
Director
—
1 hrs/wk
Independent contractors
California Municipal Finance Authority CMFA
Interest & Principal
GR Sundberg Inc
Construction @ AMP
Aftershock Electric Inc
Construction
CA Dept of Housing & Community Development
Debt Service
Bank of the Sierra
Debt Service