NonprofitsAffordable Housing Institute Inc

Human Services

Affordable Housing Institute Inc

CHARLOTTE, NC

Total revenue

$1.1M

Total expenses

$1.1M

Net assets

$4.7M

Grants received

EIN

593223001

Tax year

2024

Mission

Lessening the burdens of government by providing housing for financially distressed seniors.

Programs

2 programs

The organization provides consulting and management services to affordable housing communities. The organziaton receives consulting, development and management fees from these affordable housing communiities as a result of its efforts in developing and managing these communities.

Expenses: $821KGrants: $3K

Affordable housing insitute, inc. Seeks opportunitites to develop new affordable housing communities as well as rehabilitate and preserve existing affordable housing communities. In connection with these efforts, the organization receives lease revenue from land used by certain of these affordable housing communities.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$997K
Investment income$1K
Other revenue$84K
Total revenue$1.1M

Expenses

Grants paid$3K
Salaries & benefits$770K
Fundraising
Other expenses$320K
Total expenses$1.1M
Total assets$5.1M
Net assets$4.7M

People

4 listed

NameRoleCompensation

BRYAN HARTNETT

PRESIDENT

Board

$450K

40 hrs/wk

ROBERT C HARTNETT

VICE PRES

Board

$267K

40 hrs/wk

ELIZABETH R HARNETT

DIRECTOR

Board

1 hrs/wk

JILL C HARTNETT

DIRECTOR

Board

1 hrs/wk

Details

EIN593223001
NTEE codeP80
Subsection03
Ruling date1995-01
Formed1993
Employees0
Volunteers0
AFFORDABLE HOUSING INSTITUTE INC — Mission, Financials & Grants Received | Grantivo