Affordable Housing Solutions Inc

Nonprofit profile at a glance

EIN
272800521
IRS 990-EZ coverage
2024–2024
Forms available
Form 990 2023, Form 990-EZ 2024
Location
Boise, ID, USA
Phone
2082871065
Rating
38
Verdict
REVIEW
Rating confidence
Moderate
Sector
Single Organization Support

Reported finances

Revenue
$126
Expenses
$2,632
Assets
$145,709
Liabilities
$158,046

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • Deanna L Watson Secretary (Treasurer, Executive Director)
  • Kent Rock (President/Board Chair)
  • Katie Vila (Vice President/Board Vice Chair)

People named in this filing

  • Deanna L Watson Secretary (Treasurer, Executive Director)
  • Diana Meo (Finance Director (Until 7/2024))
  • Annette Sampson (Interim Director (8/2024 - 12/2024))

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To enhance our community by providing safe and affordable housing and fostering self-sufficiency and stability for people in need.

What it reported doing in 2024

Affordable Housing Solutions, Inc. (AHS) was established as a 501(c)(3) organization to support and advance the charitable purposes of the Boise City Housing Authority (BCHA) and the Ada County Housing Authority (ACHA). AHS operates exclusively to carry out functions and provide services that benefit these Supported Organizations, including the distribution of charitable funds and resources to support affordable housing initiatives.During the reporting period, AHS continued to explore opportunities to support the housing efforts of the BCHA and ACHA. This included identifying potential grant funding sources and collaborating with local leadership to assess available properties for future affordable housing development. While AHS has had limited activity to date, it remains committed to serving in this capacity. As federal funding is not guaranteed and continues to face uncertainty, AHS is intended to serve as a flexible tool to help secure alternative resources and support long-term housing solutions.

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 36
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -1,988.9%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 55.36; rating input score 98; 98th percentile among comparable filings
  • Liabilities to assets ratio: 1.08; rating input score 4; 4th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 1.9% per year; rating input score 100; 60th percentile among comparable filings
  • Asset growth: 3.3% per year; rating input score 100; 51st percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • 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 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Sustainability: Liabilities to assets ratio scored 4/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.