Organizations Filed Purposes:
TO ASSIST LOW TO MODERATE INCOME INDIVIDUALS THROUGH INVESTMENT IN AFFORDABLE HOUSING LIMITED PARTNERSHIPS AND THROUGH CONTRIBUTIONS TO OTHER SECTION 501(C)(3) ORGANIZATIONS CURRENTLY PROVIDING RELATED SERVICES TO THESE INDIVIDUALS.
INVESTMENT IN LOW INCOME HOUSING LIMITED PARTNERSHIPS- THE ORGANIZATION INVESTS AS A LIMITED PARTNER IN PARTNERSHIPS THAT OWN INCOME RESTRICTED PROPERTIES TO ACT AS A "PLACE-HOLDER" SO THAT THE AFFORDABILITY OF THESE PROPERTIES TO LOW TO MODERATE INCOME INDIVIDUALS CAN BE MAINTAINED. DURING 2019, THE ORGANIZATION MAINTAINED INVESTMENTS IN EIGHT OF THESE PARTNERSHIPS OPERATING AFFORDABLE HOUSING PROPERTIES LOCATED IN ALABAMA.
CONTRIBUTIONS TO LOCAL SECTION 501(C)(3) ORGANIZATIONS WHO SERVE THE NEEDS OF LOW TO MODERATE INCOME HOUSEHOLDS- THE ORGANIZATION SERVES THE NEEDS OF RESIDENTS OF AFFORDABLE HOUSING BY CONTRIBUTING FUNDS TO WELL ESTABLISHED COMMUNITY BASED NONPROFIT ORGANIZATIONS WHO ARE ABLE TO IDENTIFY AND PROVIDE ASSISTANCE DIRECTLY TO QUALIFIED INDIVIDUALS. IN 2019, CONTRIBUTIONS OF $19,325 WERE MADE TO SUCH ORGANIZATIONS TO FULFILL THE COMMUNITY'S NEEDS.
DEVELOPMENT CONSULTING SERVICES TO LOW INCOME HOUSING ENTITIES WHO ARE DEVELOPING, ACQUIRING, AND REHABILITATING AFFORDABLE HOUSING PROPERTIES.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Ray Harris | VICE PRESIDENT | 1 | $0 |
| Susan Morrison | SECRETARY/TREASURER | 1 | $0 |
| Beverlye Brady | PRESIDENT | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202033219349321253_public.xml