Affordable Housing Solutions Inc

Nonprofit profile at a glance

EIN
352389470
IRS 990-EZ coverage
2018–2024
Forms available
Form 990-EZ 2024
Location
Columbia, MD, USA
Phone
4109641230
Rating confidence
Limited
Sector
Low-Income & Subsidized Rental Housing

Reported finances

Revenue
$0
Expenses
$17,167
Assets
$18,463
Liabilities
$31,614

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

Leadership & pay

12 people listed

Executive titles in this filing

  • JEFFREY CONNOLLY (PRESIDENT)
  • CHRISTOPHER HERRMANN (EXECUTIVE VICE PRESIDENT)
  • LIANNA PETROSKI (SENIOR VICE PRESIDENT)
  • RYAN LEPINE (VICE PRESIDENT)

People named in this filing

  • JEFFREY CONNOLLY (PRESIDENT)
  • CHRISTOPHER HERRMANN (EXECUTIVE VICE PRESIDENT)
  • WILLIAM BECKMANN (SVP, FINANCE UNTIL 10/2024)

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 preserve affordable housing for individuals and families.

What it reported doing in 2024

The organization acts as g.p., managing member or in some cases owner of low income housing properties in order to stabilize operations and maintain properties as low income housing.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 21
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • 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: Limited
  • Total-asset coverage ratio: 1.08; rating input score 48; 48th percentile among comparable filings
  • Liabilities to assets ratio: 1.71; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: 43.8% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • 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: Program expense ratio scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.