NonprofitsAtlantic Housing Foundation Inc

Housing & Shelter

Atlantic Housing Foundation Inc

DALLAS, TX

Total revenue

$120.9M

Total expenses

$117.6M

Net assets

Grants received

$17K

1 grants

EIN

571090154

Tax year

2024

Mission

To foster, support, provide, acquire, construct, rehabilitate and operate qualified affordable housing for low-income persons and families, elderly, and mentally or physically disabled persons where no adequate housing exists for such persons. Provide aid to the poor and distressed, provide decent, safe and sanitary housing, provide social services to low income persons and families, assist in the social and economic integration of the poor, combat community deterioration, lessen neighborhood tensions, eliminate prejudice and discrimination, and reduce the burden of government through the provision of affordable housing.In order to further assist the communities the Foundation serves or will serve, the board amended the Articles of Incorporation to include the charitable purpose of providing student housing as part of its charitable purposes, and filed the amended articles with the IRS and the South Carolina Secretary of State as of April 24, 2004. The board of directors concluded that

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$104.5M
Investment income$16.4M
Other revenue
Total revenue$120.9M

Expenses

Grants paid$1.3M
Salaries & benefits$6.6M
Fundraising
Other expenses$109.7M
Total expenses$117.6M
Total assets$439.2M
Net assets

People

15 listed

NameRoleCompensation

Michael Nguyen

President & CEO

Board

$574K

40 hrs/wk

Wilfredo Saqueton

CFO, Scty,Treas

Board

$290K

40 hrs/wk

Ruben Gomez

Trustee LI Rep

Board

$10K

2 hrs/wk

Stepanie Laxton

Trustee LI Rep

Board

$10K

2 hrs/wk

Michael Duffy

Chairman

Board

$10K

2 hrs/wk

Alan Naul

Trustee

Board

$10K

2 hrs/wk

Rachel Hayden

Trustee

Board

$10K

2 hrs/wk

Amanda Mccullough

Trustee LI Rep

Board

$10K

2 hrs/wk

James Kilpatrick Smith

Trustee

Board

$5K

2 hrs/wk

Robert Voelker

Trustee

Board

$3K

0

Carrie Stumfall

COO

Staff

$232K

40 hrs/wk

Timothy Cone

Dir Development

Staff

$225K

40 hrs/wk

Heather Baker

Dir Property Mgmt

Staff

$177K

40 hrs/wk

Kent Foster

Assoc Dir of Dev

Staff

$166K

40 hrs/wk

Keria Caldwell

Mgr of Asset Risk

Staff

$149K

40 hrs/wk

Independent contractors

Belfor Property Restoration

Restoration

$1.5M

JT United LLC

Unit repairs and turns

$109K

Perfect Gift LLC

Gift cards

$106K

Grants received

Showing 1 of 1

FromAmountPurposeYear
$17K
GENERAL SUPPORT
2024

Funded by

$17K from 1 funder · 1 grant · 2024

Paypal Charitable Giving Fund

$17K · 1 grant · 2024

Details

EIN571090154
NTEE codeL25
Subsection03
Ruling date2000-05
Formed1999
Employees408
ATLANTIC HOUSING FOUNDATION INC — Mission, Financials & Grants Received | Grantivo