AFFORDABLE HOUSING ASSOCIATION

EIN: 842167415 501(c)(3) Housing & Shelter

FREMONT, CA

Total Revenue
$414,932
Total Expenses
$83,846
Total Assets
$2,237,099
Net Assets
$1,783,930
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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
2019
Legal Domicile
CA
Principal Officer
ROBERT F STENROSE
Phone
5108818278
Tax Period
2024-01-01 to 2024-12-31

AFFORDABLE HOUSING ASSOCIATION, founded in 2019, is a small nonprofit in the Housing & Shelter sector that reported $415K in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $331K, a strong 80% operating margin.

Mission

PROVIDING AFFORDABLE HOUSING UNDER THE HUD GUIDELINES

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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 $46,574
Investment Income $368,358
Other Revenue $0
TOTAL REVENUE $414,932

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $69,791
Other Expenses $83,846
TOTAL EXPENSES $83,846

Year-over-Year Comparison

2024 2023 Change
Revenue $414,932 $285,646 +0.5%
Expenses $83,846 $85,862 0.0%
Net Income $331,086 $199,784 +0.7%
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
2
Independent Members
2
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JONATHAN STENROSE DIRECTOR N/A
Director
$0 $0 $0
ROBERT F STENROSE DIRECTOR N/A
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 $414,932 $83,846 $2,237,099 $331,086
2023 $285,646 $85,862 $1,917,934 $199,784
2022 $150,058 $73,325 $1,730,682 $76,733
2021 $466,686 $59,129 $1,664,730 $407,557
2020 $485,535 $9,444 $768,770 $476,091
2019 $297,350 $4,671 $292,679 $292,679
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