WESTSIDE AFFORDABLE HOUSING INC

EIN: 020567158 501(c)(3) Housing & Shelter

ATLANTA, GA

Total Revenue
$39,930
Total Expenses
$17,589
Total Assets
$37,369,839
Net Assets
$37,343,775
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
GA
Principal Officer
ABDEL ALTAMIMI
Phone
4048924700
Tax Period
2024-07-01 to 2025-06-30

WESTSIDE AFFORDABLE HOUSING INC, founded in 2001, is a micro nonprofit in the Housing & Shelter sector that reported $40K in total revenue in fiscal year 2024. Revenue fell 94% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $22K, a strong 56% operating margin.

Mission

TO PARTICIPATE IN THE ACQUISITION AND DEVELOPMENT OF CERTAIN PROPERTIES TO SUPPORT THE OVERALL REVITALIZATION PROGRAM AT OR NEAR AHA COMMUNITIES OR OTHER APPROPRIATE LOCATIONS IN METROPOLITAN ATLANTA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $33,411
Investment Income $6,519
Other Revenue $0
TOTAL REVENUE $39,930

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $17,589
Other Expenses $17,589
TOTAL EXPENSES $17,589

Year-over-Year Comparison

2024 2023 Change
Revenue $39,930 $626,464 -0.9%
Expenses $17,589 $20,605 -0.1%
Net Income $22,341 $605,859 -1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
3
Employees
N/A
Volunteers
3

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$1,196,541
Total Directors
6
$462,811
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TERRI M LEE PRESIDENT & CEO 0.25
Officer Director
$0 $51,176 $462,811
JOEL ALVARADO BOARD MEMBER (THRU 10/2024) 0.05
Director
$0 $0 $0
DURIYA FAROOQUI BOARD MEMBER (THRU 6/25/25) 0.05
Director
$0 $0 $0
DOUGLAS HOOKER BOARD MEMBER 0.05
Director
$0 $0 $0
SARAH KIRSCH BOARD MEMBER 0.05
Director
$0 $0 $0
LARRY STEWART BOARD MEMBER 0.05
Director
$0 $0 $0
LISA WASHINGTON SECRETARY & GENERAL COUNSEL 0.25
Officer
$0 $47,082 $271,380
HEATHER ANCRUM ASST SECRETARY & DEP GENERAL COUNSEL 0.25
Officer
$0 $31,093 $224,258
FENICE TAYLOR TREASURER & CFO 0.25
Officer
$0 $35,140 $238,092
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $39,930 $17,589 $37,369,839 $22,341
2024 $626,464 $20,605 $37,323,639 $605,859
2023 $63,489 $458,649 $38,754,920 $-395,160
2022 $724,406 $169,208 $39,112,441 $555,198
2021 $59,787 $93,427 $38,738,472 $-33,640
2020 $788,795 $69,738 $38,782,594 $719,057
2019 $92,013 $98,388 $38,577,411 $-6,375
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