NonprofitsAffordable Housing Development Fund Inc

Housing & Shelter

Affordable Housing Development Fund Inc

ROCKFORD, IL

Total revenue

$12.6M

Total expenses

$15.4M

Net assets

$22.1M

Grants received

$854K

2 grants

EIN

391906153

Tax year

2024

Mission

Ownership, development, preservation and management of affordable, safe, quality, well-maintained housing communities

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$14.8M
Investment income
Other revenue$174K
Total revenue$12.6M

Expenses

Grants paid
Salaries & benefits$54K
Fundraising
Other expenses$15.4M
Total expenses$15.4M
Total assets$97.6M
Net assets$22.1M

People

4 listed

NameRoleCompensation

THOMAS VAN VLEET

DIR. & PRES.

Board

$24K

2 hrs/wk

JACK AHRENS

DIR., VP, & TREASURER

Board

$15K

1 hrs/wk

JOHN CONSTANTINE

DIR. & SECRETARY

Board

$15K

1 hrs/wk

PERRY HARENDA

DIRECTOR PROPERTY MGMT - P

Staff

1 hrs/wk

Independent contractors

RURAL HOUSING CONSULTANTS LLC

CONSULTING FEES

$720K

BROWN & BROWN INSURANCE SERVICES INC

INSURANCE

$484K

REINHART BOERNER VAN DEUREN SC

LEGAL FEES

$456K

AMERICAN FAMILY INSURANCE CO

INSURANCE

$362K

FARMERS INSURANCE

INSURANCE

$361K

Grants received

Showing 2 of 2

FromAmountPurposeYear
$817K
TO FURTHER THE PARENT ORGANIZATION'S MISSION.
2020
$37K
TO FURTHER THE PARENT ORGANIZATION'S MISSION.
2019

Funded by

$854K from 1 funder · 2 grants · 2019–2020

Villa St Theresa Inc

$854K · 2 grants · 2019–2020

Details

EIN391906153
NTEE codeL20
Subsection03
Ruling date1998-02
Formed1997
Employees0
Volunteers0
AFFORDABLE HOUSING DEVELOPMENT FUND INC — Mission, Financials & Grants Received | Grantivo