IRS 990 Nonprofit Profile

Affordable Communities Inc Group Group Return

Resident owned parks, inc. legally changed its name to affordable communities, inc., (the organization) in 2024. the organization is a california nonprofit public benefit corporation whose goals include providing and maintaining quality, affordable housing through the acquisition of mobile home parks, and the development of affordable housing communities. the organization encourages and empower its residents to take an active role in budget and management decisions; provide enhanced maintenance and services; and to ensure that its communities remain valuable sources of quality affordable housing. with the increasing number of households on fixed or limited incomes and with the scarcity of reliable, long-term, reasonably priced housing, the organization endeavors to create vibrant communities where quality of life, resident involvement, and caring are priorities. the organization is supported primarily through monthly rental payments from residents through month-to-month lease agreement

Filing year

2024

Total revenue

$5.6M

Total expenses

$4.5M

Program expenses

$4.4M

Administration

$92K

Fundraising

$0

Program share of expenses

98%

EIN

473480410

Location

Sacramento, CA

https://www.affordablecommunitiesinc.com/