Affordable Housing Program Inc
Nonprofit profile at a glance
- EIN
- 880465561
- IRS 990 coverage
- 2020–2025
- Forms available
- Form 990 2025
- Location
- Las Vegas, NV, USA
- Phone
- 7029226835
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Housing Development, Construction, Management
Reported finances
- Revenue
- $9,453,386
- Expenses
- $2,535,277
- Assets
- $39,614,245
- Liabilities
- $7,480,975
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- LEWIS JORDAN (EXECUTIVE DIRECTOR)
People named in this filing
- LEWIS JORDAN (EXECUTIVE DIRECTOR)
- MARISSA BROWN (COMMISSIONER)
- NANCY E BRUNE (COMMISSIONER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Development of low-income houising for eligible residents of the las vegas area.
What it reported doing in 2025
Development of low-income housing for eligible residents of the las vegas area.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 48
- Transparency & Controls: 92
- Accountability: 76
- Sustainability: 87
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 26.8%; rating input score 27
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 73.2%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 15.63; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: 0.19; rating input score 36; 36th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 90; 90th percentile among comparable filings
Growth
- Program expense growth: 19.8% per year; rating input score 100; 83rd percentile among comparable filings
- Revenue growth: 30.7% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 13.4% per year; rating input score 100; 70th percentile among comparable filings
Details
- Where the money goes: 26.8% of revenue deployed · 100% of spending went to programs
- Governance: 9 of 9 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $2.5M in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 22 of 22 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 6 filing years from 2020 to 2025
- Contacts: How to reach this organization
- Related organizations: 3 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 27/100.
- Moderate — Accountability: Governance controls: 4 of 7 not reported.
- Moderate — Sustainability: Liabilities to assets ratio scored 36/100.