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Nonprofit · EIN 54-1660503

AMERICAN FOUNDATION FOR AFFORDABLE HOUSING INC

Tax-exempt · WILLIAMSBURG, VA 23185

Financials

$1.1M$253K2023$946K$357K2024
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$946,422$356,971$589,451$9,787,729$4,870$9,782,859
December 31, 2023990$1,082,582$252,651$829,931$9,197,147$0$9,197,147
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$481,218
Program service revenue
$465,204
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$100,000
Compensation of officers, directors and key employees
$144,900
Salaries, compensation and benefits (total)
$150,476
Professional fundraising fees
$0
Accounting fees
$12,100
Program services (functional)
$100,000
Management and general (functional)
$256,971

Balance sheet and other

Total assets, start of year
$9,197,147
Total assets, end of year
$9,787,729
Total liabilities, end of year
$4,870
Net assets, end of year
$9,782,859
Net assets without donor restrictions
$9,782,859
Gross receipts
$946,422
Employees
1
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 / weekCompensation
B HUNT WHITBECK JREXECUTIVE DI
Officer
30$72,900
DONALD ALLISONVICE PRESIDE
Trustee or director, Officer
2$36,000
NORMAN B GOLDPRESIDENT
Trustee or director, Officer
2$36,000
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
B HUNT WHITBECK JREXECUTIVE DI
Officer
30$72,900
DONALD ALLISONVICE PRESIDE
Trustee or director, Officer
2$36,000
NORMAN B GOLDPRESIDENT
Trustee or director, Officer
2$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

THIS ORGANIZATION IS THE PARENT ORGANIZATION OF AFFILIATES WHOSE MISSION IS TO PROVIDE AFFORDABLE HOUSING TO THE ELDERLY AND POOR WITHIN OUR COMMUNITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • THIS ORGANIZATION IS THE PARENT ORGANIZATION OF AFFILIATES WHOSE MISSION IS TO PROVIDE AFFORDABLE HOUSING TO THE ELDERLY AND POOR WITHIN OUR COMMUNITIES.
    revenue $481,218
  • PROGRAM SERVICE -SCHOLAR FUNDS ISSUED TO THE FOLLOWING ORGANIZATIONS TO
    Expenses $100,000 · grants $100,000

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
54-1660503
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Group exemption
Exempt since
1993
Accounting year ends
December
Files
Form 990 or 990-EZ
Group exemption
3361 (2 member organizations)
Assets (IRS master file)
$9,787,729
Income (IRS master file)
$946,422

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$946,422$356,971$9,787,729XML
990December 2023$1,082,582$252,651$9,197,147XML
990December 2022$956,993$185,290$8,511,979IRS
990December 2021$911,638$229,019$7,597,154IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––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 54-1660503).

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 54-1660503.
Is AMERICAN FOUNDATION FOR AFFORDABLE HOUSING INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to AMERICAN FOUNDATION FOR AFFORDABLE HOUSING INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Group exemption).
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; 3 received compensation from the organization, the highest $72,900 (B HUNT WHITBECK JR, EXECUTIVE DI).
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 $946,422, expenses of $356,971 and total assets of $9,787,729 at year end.

Organizations in its group exemption (2)

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