irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $213KAFFORDABLE HOUSING PROGRAM, RENOVATIONS AND ASSISTANCE, AND WORKFORCE DEVELOPMENT AND COMMUNITY RENEWAL.
named programs · 3 · from sources
What they call their work
Affordable Housing Program
Provides affordable homeownership and rental housing opportunities through acquisition, rehabilitation, and management of residential properties.
Housing Restoration and Revitalization
Renovates and rehabilitates distressed housing units to improve neighborhood conditions and expand the supply of safe, affordable housing.
Workforce Development and Community Renewal
Offers job training and employment support services aimed at strengthening economic opportunity and community stability.
activities · 4 groups
What they do
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Affordable Housing Development and Management 1 activity
- Affordable housing development and rental servicesProvides affordable housing units and rental services to low-income individuals and families. Engages in the development, renovation, and management of residential properties to support housing stability.
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Neighborhood Revitalization Initiatives 1 activity
- Community renewal initiativesImplements neighborhood revitalization projects including infrastructure improvements, community space development, and environmental enhancements to strengthen community resilience.
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Home Repair Assistance for Low-Income Households 1 activity
- Housing renovations and assistanceOffers home renovation, rehabilitation, and repair services to improve housing quality and safety for residents in low-income communities.
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Workforce Readiness Training 1 activity
- Workforce development programsProvides job training, employment readiness, and skills development services to support economic self-sufficiency for underserved populations.
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financials · form 990 · fy2024
revenue
Total revenue$258K
Contributions & grants$189K73%
Program service revenue$64K25%
Investment income$3K1%
Other revenue$1K
expenses
Total expenses$335K
Program expenses76%
Admin / overhead22%
Fundraising2%
Salaries & benefits$198K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$516K
Cash$190K
Investments$0
Liabilities$189K
Net assets$327K
Liquid reserves6.8 mo
5 years on record · 2019–2024 · YoY revenue -21.9%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 1
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| ARLENE WAY | EXECUTIVE DI | 40 | $45K |
board members · 8
- ALENE SHERMAN — DIRECTOR
- ANDRE LAKE — VICE PRESIDE
- ARTHUR LUMPKIN — TREASURER
- BARBARA JOHNSON — SECRETARY
- ELBERT WATSON — PRESIDENT
- INNOCENT AKE — DIRECTOR
- IRVING BRADY — DIRECTOR
- KIM RICHARDSON — DIRECTOR
strategies · 1
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Comprehensive Community Renewalmethodology: comprehensive_community_renewalBy integrating affordable housing, housing restoration, and workforce development, we improve neighborhood quality of life because addressing both physical infrastructure and economic opportunity creates synergistic, lasting community change.