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Affordable Housing Access

Newport Beach, CA · EIN 31-1682049 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Affordable Housing Access reported $17.5 million in revenue and $17.6 million in expenses for calendar year 2024. Of every $100 it spent, $93.96 went to program services, $5.81 to management and general costs and $0.23 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 31.4% of the total. Government grants made up 5.3%. The highest compensation it reported for one person was $801,896 (CHIEF EXECUTIVE OFFICER). 11 people received more than $100,000 in reportable compensation. Revenue rose 36% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $18M

For context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $17M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 933 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
94.0%87.5%
Management & general
Part IX 25(C) ÷ 25(A)
5.8%10.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.2%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.04$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
5.7%17.0%
Government grants share of revenue
Part VIII 1e ÷ 12
5.3%1.0%
Program service revenue share
Part VIII 2g ÷ 12
31.4%66.2%
Highest reported compensation
Part VII-A, columns D–F
$801,896$300,863
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
4.55%1.57%
People paid over $100,000
Part VII, line 2
115
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
32.610.0
Independent voting board members
Part VI 1a–1b
5 of 7100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$17M expenses · 100.0% of program spending · grants $862K · revenue $16M

The organization provides Affordable Housing for low-income persons and serves as an owner or general partner of limited partnerships or joint ventures that own Affordable Housing for the benefit of low-income persons. They also provide social service outreach ventures aimed at empowering both low-income individuals and their communities. As an indication of its success, the organization has ownership or beneficial interests in 21,027 dwelling units in 191 separate housing communities throughout california, arizona, florida, maryland, ohio, oregon, texas, and washington

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHIEF EXECUTIVE OFFICER
Director/trustee, officer, 40.00 hrs/week
$758,546$0$43,350$801,896
PRESIDENT
Officer, 40.00 hrs/week
$583,177$0$169,188$752,365
CHIEF INVESTMENT OFFICER/EXEC. VP
Officer, 40.00 hrs/week
$508,427$0$197,962$706,389
CHIEF FINANCIAL OFFICER
Officer, 40.00 hrs/week
$471,291$0$119,963$591,254
VICE PRESIDENT, ASSET MANAGEMENT
Officer, 40.00 hrs/week
$332,024$0$220,747$552,771
DIRECTOR/CHIEF PHILANTHROPY OFFICER
Director/trustee, officer, 40.00 hrs/week
$232,762$0$32,381$265,143
ASSET MANAGER
Highest compensated employee, 40.00 hrs/week
$122,212$0$102,865$225,077
ASSET MANAGER
Highest compensated employee, 40.00 hrs/week
$163,445$0$57,644$221,089

11 people received more than $100,000 in reportable compensation from Affordable Housing Access (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.7M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20M201920202021202220232024$17M$18M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$17M$18M94.0%$48M$801,896
2023 ⓘ$15M$15M93.1%$30M$773,451
2022 ⓘ$12M$12M91.2%$29M$702,408
2021 ⓘ$8.9M$11M93.9%$28M$713,493
2020 ⓘ$11M$9.5M90.2%$24M$837,406
2019 ⓘ$13M$9.1M93.8%$23M$712,300

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b7 · 5 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13No
  • Document retention policy Part VI 14No
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 515
  • Volunteers Part I, line 65

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
BAKER TILLY US LLP
Accounting/consulting
$198,275

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Affordable Housing Access's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Affordable Housing Access, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All housing & shelter charities · Largest charities in California

Questions people ask

How much of Affordable Housing Access's spending goes to programs?

In calendar year 2024, Affordable Housing Access reported that 94.0% of its $17.6 million in expenses went to program services, 5.8% to management and general and 0.2% to fundraising (Form 990, Part IX).

How much does Affordable Housing Access pay its top executive?

The largest total compensation Affordable Housing Access reported for one person in calendar year 2024 was $801,896, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Affordable Housing Access get its money?

Of $17.5 million in revenue in calendar year 2024, 5.7% came from contributions and grants (including 5.3% from government grants) and 31.4% from program service revenue (Form 990, Part VIII).

Is Affordable Housing Access a registered charity?

The IRS lists EIN 31-1682049 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202513209349301486 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202443199349312604 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202333129349305153 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202223199349330782 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202143199349314629 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202033109349302643 · read the filing

All filings for EIN 31-1682049: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.