Utah Center for Affordable Housing
Utah Center for Affordable Housing
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About this organization
Mission
Utah Center for Affordable Housing acquires discounted properties from financial institutions and sells them to affordable housing non-profit organizations who serve lower income populations. This process should serve to decrease the number of foreclosed properties on the market, stabilize neighborhoods, and provide affordable housing units to lower income families.
About
Utah Center for Affordable Housing (UCAH) was established in 2009 with a mission to stabilize neighborhoods and increase affordable housing by collaborating with affordable housing providers, funding sources and financial institutions. To meet our mission in 2017, UCAH provided first look at foreclosures by national lenders to our non-profit and for-profit partners. We were able to facilitate the purchase, rehabilitation and resale or rental of 14 properties to income eligible families.
Interesting data from their 2019 990 filing
The purpose of the non-profit is outlined in the filing as “Utah center for affordable housing acquires discounted properties from financial institutions and sells them to affordable housing non-profit organizations who serve lower income populations. this process should serve to decrease the number of foreclosed properties on the market, stabilize neighborhoods, and provide affordable housing units to lower income families.”.
When discussing its operations, they were defined as: “Utah center for affordable housing acquires discounted properties from financial institutions and sells them to affordable housing non-profit organizations who serve lower income populations. this process should serve to decrease the number of foreclosed properties on the market, stabilize neighborhoods, and provide affordable housing units to lower income families.”.
- The state where the non-profit operates has been legally reported as UT.
- The filing indicates that the non-profit's address in 2019 is located at 6880 S 700 W OFFICE 102, MIDVALE, UT, 84047.
- The non-profit has reported 0 employees on their form as of 2019.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is $72,033.
- The organization has 9 independent voting members.
- The organization was formed in 2009.
- The organization pays $74,982 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.