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American Built Communities Inc

EIN 46-3261660 · Vero Beach, FL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood74 out of 100GovernanceWeak49 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

American Built Communities Inc is an affordable housing loan facilitating company assisting low to moderate income home buyers find housing solutions.

Income
$540,561
Spending
$315,410
Spent on programs
100%
Reserves
8.6 months of spending
Largest source of income
fees for its services, 100%
Employees
2
Highest pay
$138,000, presidentdirector

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 74 out of 100. Higher than 71% of charities in its peer group (housing, $250k to $1m).

  • Reserves

    28 of 35

    Spendable reserves would cover 8.6 months of spending.

  • Debt

    5 of 20

    It owes 64% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 42% of income.

  • Spending floor

    15 of 15

    100% of spending went to programs.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Weak: 49 out of 100. Higher than 9% of charities in its peer group (housing, $250k to $1m).

  • Independent board

    18 of 25

    3 of 4 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $315,410 spent. The purposes and programs for which American Built Communities Inc is orgainized include, but are not limited to affordable communities, affordable housing, housing for the elderly, housing for the homeless, housing for veterans, group housing, supportive housing, special needs housing, native American housing, home counseling, credit repair counseling, construction and/or rehabilitation of properties, community stabilization programs (including but not limited to the Neighborhood Stabilization Program), home ownership education and workshops, pre-closing and post-closing counseling, tenant counseling, real estate brokerage, mortgage brokerage, mortgage lending and financing, foreclosure counseling and prevention, loan modification programs, land acquisition, property sales, temporary shelter, and other programs to aid those in need. The corporation may partner with or joint venture with other organizations, both non-profit and for profit organizations, or franchise its operation in order to further the goals and purposes of the organization. The corporation may borrow money, lend money or issue 501c3 tax exempt bonds in order to further its goals and purposes.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since September 2014.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.