Atlantic Housing Foundation Inc
Dallas, TX · EIN 57-1090154 · Housing and shelter · Rank 4,576 by total revenue
To foster, support, provide, acquire, construct, rehabilitate and operate qualified affordable housing for low-income persons and families, elderly, and mentally or physically disabled persons where no adequate housing exists for such persons. Provide aid to the poor and distressed, provide decent, safe and sanitary housing, provide social services to low income persons and families, assist in the social and economic integration of the poor, combat community deterioration, lessen neighborhood tensions, eliminate prejudice and discrimination, and reduce the burden of government through the provision of affordable housing.In order to further assist the communities the Foundation serves or will serve, the board amended the Articles of Incorporation to include the charitable purpose of providing student housing as part of its charitable purposes, and filed the amended articles with the IRS and the South Carolina Secretary of State as of April 24, 2004. The board of directors concluded that
Money, Form 990 for tax year 2024
- Total revenue
- $120,912,541
- Total expenses
- $117,636,361
- Total assets
- $439,221,223
- Salary base (all salaries and wages)
- $5,792,754
- Salaries, other pay and benefits
- $6,635,602
- Employees
- 408
- Salary base per employee
- $14,198
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (10)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Michael Nguyen | President & CEO | Board, Officer | 40 | $607,970 |
| Wilfredo Saqueton | CFO, Scty,Treas | Officer | 40 | $309,182 |
| Ruben Gomez | Trustee LI Rep | Board | 2 | $10,000 |
| Stepanie Laxton | Trustee LI Rep | Board | 2 | $10,000 |
| Michael Duffy | Chairman | Board | 2 | $10,000 |
| Alan Naul | Trustee | Board | 2 | $10,000 |
| Rachel Hayden | Trustee | Board | 2 | $10,000 |
| Amanda Mccullough | Trustee LI Rep | Board | 2 | $10,000 |
| James Kilpatrick Smith | Trustee | Board | 2 | $5,000 |
| Robert Voelker | Trustee | Board | 0 | $2,500 |
Top 10 paid people listed
These 10 people received $1,958,956, which is 33.8% of the $5,792,754 salary base shared by 408 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Michael Nguyen | President & CEO | Board, Officer | 40 | $574,498 | $0 | $33,472 | $607,970 |
| Wilfredo Saqueton | CFO, Scty,Treas | Officer | 40 | $289,611 | $0 | $19,571 | $309,182 |
| Carrie Stumfall | COO | 40 | $232,354 | $0 | $20,609 | $252,963 | |
| Timothy Cone | Dir Development | 40 | $225,471 | $0 | $16,718 | $242,189 | |
| Heather Baker | Dir Property Mgmt | 40 | $176,862 | $0 | $11,722 | $188,584 | |
| Kent Foster | Assoc Dir of Dev | 40 | $165,502 | $0 | $6,862 | $172,364 | |
| Keria Caldwell | Mgr of Asset Risk | 40 | $148,835 | $0 | $6,869 | $155,704 | |
| Ruben Gomez | Trustee LI Rep | Board | 2 | $10,000 | $0 | $0 | $10,000 |
| Stepanie Laxton | Trustee LI Rep | Board | 2 | $10,000 | $0 | $0 | $10,000 |
| Michael Duffy | Chairman | Board | 2 | $10,000 | $0 | $0 | $10,000 |
Sources
- IRS e-file return 202631189349301538 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 57-1090154
- Organization website (as filed): www.atlantichousing.org