Affordable Housing Solutions Inc in Columbia, Maryland (MD)

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Affordable Housing Solutions Inc
Employer Identification Number (EIN)352389470
Name of OrganizationAffordable Housing Solutions Inc
In Care of NameBruce Rothschild
Address11000 Broken Land Pkwy Ste 700, Columbia, MD 21044-3535
SubsectionCharitable Organization
Ruling Date05/2011
DeductibilityContributions are deductible
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1,000,000 to $4,999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,261,003
Amount of Income$579,362
Form 990 Revenue Amount$579,362
National Taxonomy of Exempt Entities (NTEE)Housing, Shelter: Public Housing Facilities


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Amount of income in 2013: $579,362 (it was $28,666 in 2012)
Affordable Housing Solutions Inc: 

 $579,362
Other organizations performing similar types of work: 

 $150,108

Assets in 2013: $1,261,003 (it was $873,590 in 2012)
This organization: 

 $1,261,003
Other organizations performing similar types of work: 

 $1,156,098

Expenses in 2012: $15,565
Affordable Housing Solutions Inc: 

 $15,565
Other organizations performing similar types of work: 

 $149,118

Income to expenses ratio in 2012: 37.2
Affordable Housing Solutions Inc: 

 37.2
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2012: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 0.8%

Financial snapshot ($)

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$28,666
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$28,666
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$15,565
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$15,565
Balance Sheet (for 2012)
Total assets$873,590
Total liabilities$860,389
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$776,927
Other$83,462
Total net assets or fund balances$13,201
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Renaissance Gardens Inc5809 Park Heights Avenue, Baltimore, MD 21215MD2012-02$5,990,765
2Columbia Downtown Housing Corporation6751 Columbia Gtwy Dr Fl 3, Columbia, MD 21046-2164MD2014-09$2,340,598
3Cumberland Housing Alliance Inc635 E First St, Cumberland, MD 21502-4334MD2000-05$602,948
4Affordable Housing Solutions Inc11000 Broken Land Pkwy Ste 700, Columbia, MD 21044-3535MD2011-05$579,362
5Venable Apartments I Inc1010 E 33rd Street, Baltimore, MD 21218-3780MD2001-03$551,872
6Moravia Arms Apartments6004 Moravia Park Dr Ste A-4, Baltimore, MD 21206-6901MD2010-10$411,224
7Rosaria Communities Inc15400 Calhoun Dr Ste 125, Rockville, MD 20855-2795MD2006-04$225,124
8Second Step Inc6040 Southport Dr, Bethesda, MD 20814-1848MD1991-07$164,241
9Schneider & Ryland Homes Inc1925 Greensping Drive, Timonium, MD 21093-4128MD1995-06$87,776
10Kuleana Gardens Inc3 Milford Mill Rd, Baltimore, MD 21208-6019MD2010-11$78,274
11Korean Community Sr Housing Corporation Of Maryland Ii, University Gardens Ii440 University Blvd East, Silver Spring, MD 20901-3665MD2011-03$77,930
12Chesapeake Housing Mission30754 Foxchase Drive, Salisbury, MD 21804MD2009-07$72,223
13Vesta Thirteen Inc9301 Annapolis Road, Lanham, MD 20706MD2010-12$67,838
142301 N Charles St Inc2918 B Glenmore Ave, Baltimore, MD 21214MD2010-05$67,138
15Vesta Riverdale Inc9301 Annapolis Road, Lanham, MD 20706-3115MD2004-06$64,104
16Vesta Charles Inc9301 Annapolis Road, Lanham, MD 20706-3115MD2003-09$63,943
17Thomas Housing Development Corporation12200 Tech Rd Ste 330, Silver Spring, MD 20904-1913MD2002-09$53,449
18Silver Flower Homes Inc600-B E Gude Drive, Rockville, MD 20850MD2012-06$50,792
19Terry Homes Inc1925 Greenspring Drive, Timonium, MD 21093-4128MD2001-03$49,162
20Pono Homes Inc3 Milford Mill Rd, Baltimore, MD 21208-6019MD2008-03$46,594
Number of organizations performing similar types of work
Alaska9
Alabama46
Arkansas41
Arizona33
California359
Colorado43
Connecticut37
District of Columbia17
Delaware25
Florida128
Georgia103
Hawaii19
Iowa23
Idaho17
Illinois105
Indiana43
Kansas12
Kentucky53
Louisiana97
Massachusetts100
Maryland74
Maine11
Michigan126
Minnesota67
Missouri66
Mississippi35
Montana9
North Carolina110
North Dakota9
Nebraska22
New Hampshire25
New Jersey97
New Mexico15
Nevada12
New York278
Ohio135
Oklahoma35
Oregon31
Pennsylvania108
Rhode Island29
South Carolina55
South Dakota13
Tennessee68
Texas173
Utah12
Virginia54
Vermont7
Washington39
Wisconsin32
West Virginia11
Wyoming4
International23
Total3,095

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