Albany Area Housing Opportunities Inc
Nonprofit profile at a glance
- EIN
- 141635255
- IRS 990-EZ coverage
- 2010–2025
- Forms available
- Form 990-EZ 2025
- Location
- Albany, NY, USA
- Phone
- 5184348584
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Housing Rehabilitation
Reported finances
- Revenue
- $129,949
- Expenses
- $98,568
- Assets
- $236,710
- Liabilities
- $33,806
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Hannibal Galin (President)
People named in this filing
- Hannibal Galin (President)
- Richard M Brash (Treasurer)
- Paul Kruger (Secretary)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provision of safe, reasonable and affordable housing for economically eligible tenants. Approximate number of tenants served is 16.
What it reported doing in 2025
Provision of safe, reasonable and affordable housing to economically eligible tenants. Approximate number of tenants served is 16.
Operating model
- Revenue model
- Earned-program. 99% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 82
- Sustainability: 70
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.6%; rating input score 77
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 24.1%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 2.4; rating input score 84; 84th percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 18; 18th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 6.3% per year; rating input score 100; 49th percentile among comparable filings
- Revenue growth: 2.4% per year; rating input score 100; 30th percentile among comparable filings
- Asset growth: -3.3% per year; rating input score 0; 18th percentile among comparable filings
Details
- Where the money goes: 76.6% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $100K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 16 filing years from 2010 to 2025
- Contacts: How to reach this organization
- 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.
- Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 18/100.