Public Charity

ALABAMA AFFORDABLE HOUSING ASSOCIATION SCHOLARSHIP FUND INC

ALABAMA AFFORDABLE HOUSING ASSOCIATION SCHOLARSHIP FUND INC, of FAIRHOPE, AL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $180K in revenue, $158K in expenses, $539K in total assets. 5 publicly reported grants to this organization, totaling roughly $203K, appear in IRS filings.

EIN: 631247145 FAIRHOPE, AL Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2024
Total Revenue$180K
Total Expenses$158K
Total Assets$539K
Grant Records5
Funding Total$203K
Filing Years2019–2024

Mission

TO PROVIDE SCHOLARSHIPS TO DESERVING STUDENTS RESIDING IN THE STATE OF ALABAMA IN AFFORDABLE HOUSING FACILITIES THAT ARE MEMBERS OF THE ALABAMA AFFORDABLE HOUSING ASSOCIATION SCHOLARSHIP FUND, INC.

Where $100 goes at Alabama Affordable Housing Association Scholarship Fund Inc

How Alabama Affordable Housing Association Scholarship Fund Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$79 Programs the work itself
$21 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 $79 for programs

$79
To provide scholarships to deserving students residing in the state of alabama in affordable housing facilities that are members of the Alabama Affordable Housing Association Scholarship Fund, inc
All program spending
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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
TO PROMOTE THE IMPROVED QUALITY OF LIFE OF LOW INCOME HOUSING RESIDENTS.
$50,000
2023
TO PROMOTE THE IMPROVED QUALITY OF LIFE OF LOW INCOME HOUSING RESIDENTS.
$15,000
2022
TO PROMOTE THE IMPROVED QUALITY OF LIFE OF LOW INCOME HOUSING RESIDENTS.
$108,250
2018
TO PROMOTE THE IMPROVED QUALITY OF LIFE OF LOW INCOME HOUSING RESIDENTS.
$15,000
2017
TO PROMOTE THE IMPROVED QUALITY OF LIFE OF LOW INCOME HOUSING RESIDENTS.
$15,000

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

Officers & Directors

DIRECTOR Allan Rappuhn
DIRECTOR Fred Bennett
DIRECTOR Gary Hall
DIRECTOR Justin Heberling

Officer compensation and complete director data available with membership.

Top Grant Purposes

Housing & Homelessness
$203,250 5 grants

Financial Trends

Year Revenue Expenses Assets
2024 $180K $158K $539K
2023 $192K $103K $487K
2022 $196K $70K $398K
2020 $36K $50K $245K
2019 $156K $148K $260K

Between 2019 and 2024, reported annual revenue grew from $156K to $180K (+15%), with total assets most recently reported at $539K.

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

See the full picture for ALABAMA AFFORDABLE HOUSING ASSOCIATION SCHOLARSHIP FUND INC

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