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The Affordable Housing Trust for Columbus and Franklin County

Columbus, OH · EIN 31-1727952 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

The Affordable Housing Trust for Columbus and Franklin County reported $21.4 million in revenue and $5.8 million in expenses for calendar year 2024. Of every $100 it spent, $86.17 went to program services, $13.83 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 65.2% of the total. Government grants made up 64.0%. The highest compensation it reported for one person was $436,581 (FORMER PRESIDENT & CEO (RETIRED 2024)). 7 people received more than $100,000 in reportable compensation. Revenue rose 114% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $5.8M

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 $21M

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)
86.2%87.5%
Management & general
Part IX 25(C) ÷ 25(A)
13.8%10.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
65.2%17.0%
Government grants share of revenue
Part VIII 1e ÷ 12
64.0%1.0%
Program service revenue share
Part VIII 2g ÷ 12
23.0%66.2%
Highest reported compensation
Part VII-A, columns D–F
$436,581$300,863
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
7.59%1.57%
People paid over $100,000
Part VII, line 2
75
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
265.210.0
Independent voting board members
Part VI 1a–1b
13 of 13100.0%

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
$5.0M expenses · 100.0% of program spending · grants $363K · revenue $5.0M

In 2024, the Housing Trust has program-related obligations of a restricted balance of $108.9 million. The trust has also facilitated the creation or preservation of 1965 housing units in columbus, franklin county, and the surrounding region

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
FORMER PRESIDENT & CEO (RETIRED 2024)
Former, 40.00 hrs/week
$408,648$0$27,933$436,581
VP & FUND MANAGER
Highest compensated employee, 40.00 hrs/week
$161,803$0$28,616$190,419
DIRECTOR OF LENDING
Highest compensated employee, 40.00 hrs/week
$152,070$0$29,537$181,607
CONTROLLER
Highest compensated employee, 40.00 hrs/week
$164,486$0$11,591$176,077
CHIEF OF STAFF
Highest compensated employee, 40.00 hrs/week
$127,339$0$19,496$146,835
DIRECTOR OF OPERATIONS
Highest compensated employee, 40.00 hrs/week
$101,961$0$27,618$129,579
INTERIM PRESIDENT & CEO
Officer, 40.00 hrs/week
$97,070$0$0$97,070

7 people received more than $100,000 in reportable compensation from The Affordable Housing Trust for Columbus and Franklin County (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.4M (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$10M$20M$30M$40M201920202021202220232024$21M$5.8M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$21M$5.8M86.2%$127M$436,581
2023 ⓘ$19M$4.9M87.6%$111M$483,443
2022 ⓘ$14M$4.8M91.7%$97M$294,874
2021 ⓘ$16M$3.8M89.4%$88M$305,871
2020 ⓘ$11M$3.2M91.3%$76M$300,765
2019 ⓘ$10M$3.9M92.7%$68M$290,621

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–1b13 · 13 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 11aNo
  • 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 517
  • Volunteers Part I, line 614

Private foundation grants it received

1 private foundation reported grants to The Affordable Housing Trust for Columbus and Franklin County totaling $500K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

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

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Questions people ask

How much of The Affordable Housing Trust for Columbus and Franklin County's spending goes to programs?

In calendar year 2024, The Affordable Housing Trust for Columbus and Franklin County reported that 86.2% of its $5.8 million in expenses went to program services, 13.8% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does The Affordable Housing Trust for Columbus and Franklin County pay its top executive?

The largest total compensation The Affordable Housing Trust for Columbus and Franklin County reported for one person in calendar year 2024 was $436,581, for the role of FORMER PRESIDENT & CEO (RETIRED 2024) (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Affordable Housing Trust for Columbus and Franklin County get its money?

Of $21.4 million in revenue in calendar year 2024, 65.2% came from contributions and grants (including 64.0% from government grants) and 23.0% from program service revenue (Form 990, Part VIII).

Is The Affordable Housing Trust for Columbus and Franklin County a registered charity?

The IRS lists EIN 31-1727952 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), 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 202541699349301334 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202443129349303494 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202333059349300043 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202243149349305664 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202102249349300025 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202032569349300103 · read the filing

All filings for EIN 31-1727952: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.