THE AFFORDABLE HOUSING TRUST FOR COLUMBUS AND FRANKLIN COUNTY

EIN: 311727952 501(c)(3) Housing & Shelter

COLUMBUS, OH

Total Revenue
$21,413,478
Total Expenses
$5,753,412
Total Assets
$221,617,044
Net Assets
$127,135,821
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
OH
Principal Officer
IAN LABITUE
Phone
6142286488
Tax Period
2024-01-01 to 2024-12-31

THE AFFORDABLE HOUSING TRUST FOR COLUMBUS AND FRANKLIN COUNTY, founded in 2000, is a mid-sized nonprofit in the Housing & Shelter sector that reported $21.4M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $15.7M, a strong 73% operating margin.

Mission

FACILITATE AND INVEST IN DEVELOPMENTS DESIGNED TO: CREATE AND PRESERVE AFFORDABLE HOMEOWNERSHIP AND RENTAL HOUSING; STRENGTHEN AND STABILIZE NEIGHBORHOODS; SUPPORT WORKING HOUSEHOLDS, SENIORS AND SPECIAL NEEDS POPULATIONS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $13,968,869
Program Service Revenue $4,930,123
Investment Income $2,467,086
Other Revenue $47,400
TOTAL REVENUE $21,413,478

Expense Breakdown

Grants Paid $362,962
Salaries & Benefits $1,930,897
Fundraising Expenses $0
Program Expenses $4,957,762
Other Expenses $3,459,553
TOTAL EXPENSES $5,753,412

Year-over-Year Comparison

2024 2023 Change
Revenue $21,413,478 $19,360,366 +0.1%
Expenses $5,753,412 $4,939,415 +0.2%
Net Income $15,660,066 $14,420,951 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
13
Independent Members
13
Employees
17
Volunteers
14

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
3
$97,070
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARK MALLORY FORMER PRESIDENT & CEO (RETIRED 2024) 40.00
$408,648 $27,933 $436,581
MICHELLE L PROULX VP & FUND MANAGER 40.00
Highest
$161,803 $28,616 $190,419
DAVID BUTCHER DIRECTOR OF LENDING 40.00
Highest
$152,070 $29,537 $181,607
BRIAN MCCLELLAN CONTROLLER 40.00
Highest
$164,486 $11,591 $176,077
DEREK ANDERSON CHIEF OF STAFF 40.00
Highest
$127,339 $19,496 $146,835
BRANDIE HANCOCK DIRECTOR OF OPERATIONS 40.00
Highest
$101,961 $27,618 $129,579
STEVEN GLADMAN INTERIM PRESIDENT & CEO 40.00
Officer
$97,070 $0 $97,070
LAUREN HAGAN CHAIR 1.00
Officer Director
$0 $0 $0
JOEL COLEMAN VICE CHAIR 1.00
Officer Director
$0 $0 $0
SEAN GRANT DIRECTOR 1.00
Director
$0 $0 $0
STEPHEN WITTMAN DIRECTOR 1.00
Director
$0 $0 $0
JODELLE CARDER DIRECTOR 1.00
Director
$0 $0 $0
BILL LAFAYETTE PHD DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL CHILDS DIRECTOR 1.00
Director
$0 $0 $0
JACQUELIN LEWIS DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM FAITH DIRECTOR 1.00
Director
$0 $0 $0
PASTOR VICTOR DAVIS DIRECTOR ( RETIRED 2024) 1.00
Director
$0 $0 $0
HAL KELLER DIRECTOR 1.00
Director
$0 $0 $0
MARY LOVE DIRECTOR 1.00
Director
$0 $0 $0
MATTHEW KEATING DIRECTOR 1.00
Director
$0 $0 $0
AUTUMN GLOVER DIRECTOR 1.00
Director
$0 $0 $0
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
2024 $21,413,478 $5,753,412 $221,617,044 $15,660,066
2023 $19,360,366 $4,939,415 $154,230,973 $14,420,951
2022 $13,843,474 $4,794,587 $122,419,239 $9,048,887
2021 $15,929,124 $3,812,701 $106,503,633 $12,116,423
2020 $11,478,050 $3,164,619 $91,401,210 $8,313,431
2019 $10,002,207 $3,852,968 $73,307,584 $6,149,239
2018 $7,337,478 $1,495,212 $67,202,186 $5,842,266
Explore More Nonprofits
Top 100 Nonprofits in Ohio Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare THE AFFORDABLE HOUSING TRUST FOR COLUMBUS AND FRANKLIN COUNTY with other nonprofits in Ohio and across the country.