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Nonprofit · EIN 52-2151245

AMERICAN FOUNDATION FOR AFFORDABLE HOUSING INC

Also known as BOWLING GREEN

Tax-exempt · WILLIAMSBURG, VA 23185

Financials

$983K$1M2023$1M$939K2024
Revenue Expenses · by fiscal year end
Financials of AMERICAN FOUNDATION FOR AFFORDABLE HOUSING INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,038,119$939,441$98,678$2,407,570$2,791,582-$384,012
December 31, 2023990$982,715$1,032,685-$49,970$2,416,458$2,899,148-$482,690
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$89,300
Program service revenue
$948,010
Investment income
$809
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$128,920
Salaries, compensation and benefits (total)
$171,082
Professional fundraising fees
$0
Legal fees
$2,690
Accounting fees
$1,300
Occupancy
$89,617
Depreciation
$165,349
Program services (functional)
$716,879
Management and general (functional)
$222,562

Balance sheet and other

Total assets, start of year
$2,416,458
Total assets, end of year
$2,407,570
Total liabilities, end of year
$2,791,582
Net assets, end of year
-$384,012
Land, buildings and equipment
$1,776,000
Net assets without donor restrictions
-$384,012
Gross receipts
$1,038,119
Employees
6
Year formed
1999
State of legal domicile
VA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
B HUNT WHITBECK JREXECUTIVE DI
Trustee or director
5$0$72,900
DONALD ALLISONSECY/TREASUR
Officer
2$0$36,000
NORMAN B GOLDPRESIDENT
Officer
2$0$36,000
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensationFrom related orgs
B HUNT WHITBECK JREXECUTIVE DI
Trustee or director
5$0$72,900
DONALD ALLISONSECY/TREASUR
Officer
2$0$36,000
NORMAN B GOLDPRESIDENT
Officer
2$0$36,000

Address and contacts

Address (IRS master file)
2084 HORNES LAKE RD, WILLIAMSBURG, VA 23185-7687
In care of
% B HUNT WHITBECK JR
Principal officer (990 for 2024)
NORMAN B GOLD, 135 DARTERS LANE, MANHASSET, NY 11030
Signed the 990
NORMAN B GOLD, PRESIDENT
Phone
(917) 572-6902
Return prepared by
REID TAX & ADVISORY SERVICES LLC

Mission

MISSION IS TO CREATE STRONG , SUBSTAINABLE , INCLUSIVE COMMUNITIES AND PROVIDE QUALITY AFFORDABLE HOUSING TO THE ELDERLY AND ECONOMICALLY DISADVANTAGED.

990 for the year ended December 31, 2024

Program accomplishments

  • FUNCTIONAL EXPENSES RELATE TO THE MANAGEMENT MAINTENANCE AND UPKEEP OF 104 RESIDENTIAL GARDEN-STYLE APARTMENTS HOUSING PROJECT, FOR THE ELDERLY AND POOR, KNOWN AS BOWLING GREEN VILLAGE.
    Expenses $716,879 · revenue $948,010

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
52-2151245
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Exempt since
1993
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,407,570
Income (IRS master file)
$1,038,119

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,038,119$939,441$2,407,570XML
990December 2023$982,715$1,032,685$2,416,458XML
990December 2022$895,153$955,067$2,526,968IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-2151245).

Questions about AMERICAN FOUNDATION FOR AFFORDABLE HOUSING INC

What is the EIN of AMERICAN FOUNDATION FOR AFFORDABLE HOUSING INC?
The employer identification number (EIN) of AMERICAN FOUNDATION FOR AFFORDABLE HOUSING INC is 52-2151245.
Is AMERICAN FOUNDATION FOR AFFORDABLE HOUSING INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Which annual return does AMERICAN FOUNDATION FOR AFFORDABLE HOUSING INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of AMERICAN FOUNDATION FOR AFFORDABLE HOUSING INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AMERICAN FOUNDATION FOR AFFORDABLE HOUSING INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of AMERICAN FOUNDATION FOR AFFORDABLE HOUSING INC?
The 990 for the year ended December 31, 2024 names NORMAN B GOLD.
Who are the officers and directors of AMERICAN FOUNDATION FOR AFFORDABLE HOUSING INC?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does AMERICAN FOUNDATION FOR AFFORDABLE HOUSING INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,038,119, expenses of $939,441 and total assets of $2,407,570 at year end.

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