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Affordable Housing Institute Inc

EIN 59-3223001 · Charlotte, NC

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

LegitimacyPassesRegistration and standingFinancial healthGood78 out of 100GovernanceWeak30 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

AFFORDABLE HOUSING INSTITUTE, INC. IDENTIFIES OPPORTUNIITIES TO DEVELOP, REHABILITATE AND PRESERVE AFFORDABLE HOUSING COMMUNIITIES TO PROVIDE QUALITY HOUSING TO RESIDENTS WITH LIMITED INCOME ACROSS THE UNITED STATES

Income
$1.1 million
Spending
$1.1 million
Spent on programs
75%
Reserves
36.9 months of spending
Largest source of income
fees for its services, 92%
Employees
0
Volunteers
0
Highest pay
$450,000, president

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: 78 out of 100. Higher than 58% of charities in its peer group (human services, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover 36.9 months of spending.

  • Debt

    20 of 20

    It owes 9% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 1% of income.

  • Income trend

    0 of 15

    Income fell 77% on the year before.

  • Spending floor

    15 of 15

    75% 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: 30 out of 100. Higher than 2% of charities in its peer group (human services, $1m to $10m).

  • Independent board

    5 of 25

    2 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

    0 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 (3)
  1. THE ORGANIZATION OWNS GENERAL PARTNERSHIP INTERESTS IN SEVERAL AFFORDABLE HOUSING PARTNERSHIPS THAT IT ACTIVELY MANAGES.ITS LARGEST SINGLE AFFORDABLE HOUSING EFFORT IS LANDINGS AT SEA FOREST IN PASCO COUNTY, FL. THIS PROPERTY IS A SENIOR CITIZEN COMMUNITY WITH 60% OF THE UNITS SET ASIDE FOR PERSONS WITH 60% OR LESS OF THE AVERAGE MEDIAN INCOME. THE ORGANIZATION OWNS A GENERAL PARTNERSHIP INTEREST IN THIS PROPERTY WITH AN 80% ECONOMIC INTEREST IN THE PROPERTY.THE ORGANIZATION ALSO OWNS GENERAL PARTNERSHIP INTERESTS IN SEVERAL OTHER AFFORDABLE HOUSING COMMUNITIES
  2. $821,025 spent. THE ORGANIZATION PROVIDES CONSULTING AND MANAGEMENT SERVICES TO AFFORDABLE HOUSING COMMUNITIES. THE ORGANZIATON RECEIVES CONSULTING, DEVELOPMENT AND MANAGEMENT FEES FROM THESE AFFORDABLE HOUSING COMMUNIITIES AS A RESULT OF ITS EFFORTS IN DEVELOPING AND MANAGING THESE COMMUNITIES.
  3. AFFORDABLE HOUSING INSITUTE, INC. SEEKS OPPORTUNITITES TO DEVELOP NEW AFFORDABLE HOUSING COMMUNITIES AS WELL AS REHABILITATE AND PRESERVE EXISTING AFFORDABLE HOUSING COMMUNITIES. IN CONNECTION WITH THESE EFFORTS, THE ORGANIZATION RECEIVES LEASE REVENUE FROM LAND USED BY CERTAIN OF THESE AFFORDABLE HOUSING COMMUNITIES.

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 November 6, 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 2024.

    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 January 1995.

    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 November 4, 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.