BALTIMORE AFFORDABLE HOUSING DEVELOPMENT INC

EIN: 471204443 501(c)(3) Housing & Shelter

BALTIMORE, MD

Total Revenue
$43,229,334
Total Expenses
$28,120,736
Total Assets
$307,332,672
Net Assets
$302,318,452
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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
2014
Legal Domicile
MD
Principal Officer
ANUPAMA FRANCIS
Phone
4103963370
Tax Period
2023-01-01 to 2023-12-31

BALTIMORE AFFORDABLE HOUSING DEVELOPMENT INC, founded in 2014, is a mid-sized nonprofit in the Housing & Shelter sector that reported $43.2M in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $15.1M, a strong 35% operating margin.

Mission

TO ENHANCE THE SUPPLY OF QUALITY AFFORDABLE HOUSING IN BALTIMORE CITY

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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 (2023)

Revenue Breakdown

Contributions & Grants $62,664,051
Program Service Revenue $313,551
Investment Income $1,083,835
Other Revenue $-20,832,103
TOTAL REVENUE $43,229,334

Expense Breakdown

Grants Paid $0
Salaries & Benefits $898,772
Fundraising Expenses $0
Program Expenses $27,081,491
Other Expenses $27,221,964
TOTAL EXPENSES $28,120,736

Year-over-Year Comparison

2023 2022 Change
Revenue $43,229,334 $31,599,383 +0.4%
Expenses $28,120,736 $13,692,078 +1.1%
Net Income $15,108,598 $17,907,305 -0.2%
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
7
Independent Members
2
Employees
N/A
Volunteers
24

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
6
$1,528,576
Total Directors
8
$1,345,009
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JANET ABRAHAMS CHIEF EXECUTIVE OFFICER 1.88
Officer Director
$0 $60,778 $446,771
MONICA WATKINS DIRECTOR 1.88
Director
$0 $49,777 $259,644
MICHAEL MOORE PRESIDENT 5.63
Officer Director
$0 $73,982 $263,400
JOHN WILSON TREASURER 1.88
Officer Director
$0 $46,156 $202,246
ANGELA CAMERON SECRETARY 11.25
Officer Director
$0 $28,203 $172,948
BALANCA CARRASQUILLO DIRECTOR THRU AUGUST 2023 1.00
Director
$0 $0 $0
PETER ENGEL DIRECTOR 1.00
Director
$0 $0 $0
DENISE STREET DIRECTOR 1.00
Director
$0 $0 $0
ANUPAMA FRANCIS CHIEF FINANCIAL OFFICER 3.75
Officer
$0 $29,947 $194,435
JANET GOSLEE RESIDENT AGENT 3.75
Officer
$0 $55,712 $248,776
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 No data No data No data No data
2023 $43,229,334 $28,120,736 $307,332,672 $15,108,598
2022 $31,599,383 $13,692,078 $290,640,425 $17,907,305
2021 $17,640,663 $12,263,338 $273,876,964 $5,377,325
2019 $39,243,512 $1,033,415 $204,992,194 $38,210,097
2018 $16,667,210 $642,720 $165,636,959 $16,024,490
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