AFFORDABLE HOUSING SERVICES CORP

EIN: 562410076 501(c)(3) Housing & Shelter

INDIANAPOLIS, IN

Total Revenue
$94,589
Total Expenses
$22,807
Total Assets
$1,219,022
Net Assets
$1,218,922
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
IN
Principal Officer
DANIEL D HUBBARD
Phone
3174024990
Tax Period
2025-01-01 to 2025-12-31

AFFORDABLE HOUSING SERVICES CORP, founded in 2004, is a micro nonprofit in the Housing & Shelter sector that reported $95K in total revenue in fiscal year 2025. Revenue surged 66% from the prior year, signaling strong growth momentum. The organization ran a surplus of $72K, a strong 76% operating margin.

Mission

IN TODAY'S WORLD OF TAX CREDITS, AHP GRANTS, HOME GRANTS AND VARIOUS OTHER FUNDING SOURCES, SOCIAL SERVICE COMMITMENTS HAVE BECOME AN INCREASINGLY COMPLEX TOOL TO HELP END THE CIRCLE OF POVERTY FOR MANY LOW-INCOME CITIZENS. IN DOING SO, MANY OWNERS OF THESE PROJECTS HAVE BECOME OVERWHELMED IN THE WEB OF SOCIAL PROGRAMS THEY HAVE CREATED TO MAINTAINING COMPLIANCE WITH ALL OF THE MULTIFAMILY FUNDING PROGRAMS. AFFORDABLE HOUSING SERVICES CORPORATION ("AHSC") IS AN INDIANAPOLIS BASED NON-PROFIT ORGANIZATION WHOSE MISSION IT IS TO PROVIDE NEEDED AND BENEFICIAL EDUCATIONAL SERVICES TO LOW-INCOME TENANTS AND EMPLOYEES (OUR "CLIENTS") WHILE ASSISTING AFFORDABLE HOUSING OWNERS MEET ALL THEIR SOCIAL SERVICE OBLIGATIONS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $31,553
Program Service Revenue $0
Investment Income $59,666
Other Revenue $3,370
TOTAL REVENUE $94,589

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $5,699
Other Expenses $22,807
TOTAL EXPENSES $22,807

Year-over-Year Comparison

2025 2024 Change
Revenue $94,589 $56,824 +0.7%
Expenses $22,807 $21,317 +0.1%
Net Income $71,782 $35,507 +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
5
Independent Members
3
Employees
N/A
Volunteers
2

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
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL D HUBBARD PRESIDENT 1.00
Officer Director
$0 $0 $0
ANDREA DEMINK SECRETARY 1.00
Officer Director
$0 $0 $0
CHAD RIDDLE TREASURER 1.00
Officer Director
$0 $0 $0
DAWN MILES DIRECTOR 1.00
Director
$0 $0 $0
JAMES WILSON 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
2025 $94,589 $22,807 $1,219,022 $71,782
2024 $56,824 $21,317 $1,186,071 $35,507
2023 $33,086 $75,507 $1,110,314 $-42,421
2022 $5,102 $393,623 $1,197,022 $-388,521
2021 $432,148 $13,930 $2,548,726 $418,218
2020 $22,073 $6,000 $1,155,325 $16,073
2019 $307,086 $6,000 $1,133,252 $301,086
2018 $7,916 $6,000 $826,066 $1,916
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