Public Charity

ATLANTIC HOUSING FOUNDATION INC

Based in DALLAS, TX, ATLANTIC HOUSING FOUNDATION INC operates as a Public Charity. The organization reported $120.9M in revenue, $117.6M in expenses, $439.2M in total assets for fiscal year 2024. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $17K.

EIN: 571090154 DALLAS, TX Housing Rehabilitation NTEE: L25 Latest filing: 2024
Total Revenue$120.9M
Total Expenses$117.6M
Total Assets$439.2M
Grant Records1
Funding Total$17K
Filing Years2019–2024

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

Where $100 goes at Atlantic Housing Foundation Inc

How Atlantic Housing Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$98 Programs the work itself
$2 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $98 for programs

$98
During 2001 the Foundation acquired two low-income multi-family rental housing projects located in Columbia, South Carolina
All program spending · Reported in the filing: 220 units; 196 units; 296 units
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
GENERAL SUPPORT
$17,000

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

Trustee Alan Naul
Trustee LI Rep Amanda Mccullough
COO Carrie Stumfall
Dir Property Mgmt Heather Baker
Trustee James Kilpatrick Smith
Assoc Dir of Dev Kent Foster

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$17,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $120.9M $117.6M $439.2M
2023 $101.0M $112.4M $528.1M
2022 $98.0M $106.2M $541.0M
2020 $148.6M $94.0M $523.7M
2019 $101.1M $96.8M $554.4M

Between 2019 and 2024, reported annual revenue grew from $101.1M to $120.9M (+20%), with total assets most recently reported at $439.2M.

Interactive year-over-year charts and full filing details available with membership.

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