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Organizations Housing & Shelter Atlantic Housing Foundation Inc.

Atlantic Housing Foundation Inc.

Fiscal year ending 2023. Filed on November 12, 2024.

4770 Iberia Avenue Suite 100
Dallas, Texas 75207

Atlantic Housing Foundation Inc. (EIN: 57-1090154) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Atlantic Housing Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 7 out of 425 total employees. Among the employees shown here, the average compensation is $306,197. The highest compensated employee at Atlantic Housing Foundation Inc. is Michael Nguyen with fiscal year 2023 compensation of $910,284.

Revenue, expenses, and employee compensation

Revenue

$101,000,581

Expenses

$112,402,795

Employee compensation

$5,964,978
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Nguyen
President and Chief Executive Officer
$910,284
$902,167 No related comp$8,117
Kent Foster
Assoc Director of Dev
$346,286
$343,403 No related comp$2,883
Wilfredo Saqueton
CFO, Scty,Treas
$293,953
$285,370 No related comp$8,583
Shelia Maness
Dir-Human Resource
$190,202
$183,665 No related comp$6,537
Evan Nance
Propty Controller
$154,130
$147,593 No related comp$6,537
Megan Cue
Assoc Director Prop Mgt
$128,666
$123,449 No related comp$5,217
Mary Jackson
Director Property Mgmt
$119,858
$115,619 No related comp$4,239

Benchmark Employee Compensation

Non-Employee Board Members

Michael Duffy
Chair
$10,000
$10,000 No related compNo other comp
Daniel B French
Trustee
$10,000
$10,000 No related compNo other comp
Alan Naul
Trustee
$10,000
$10,000 No related compNo other comp
Amanda Popken
Trustee LI Rep
$10,000
$10,000 No related compNo other comp
Stepanie Laxton
Trustee LI Rep
$10,000
$10,000 No related compNo other comp
Rachel Hayden
Trustee
$10,000
$10,000 No related compNo other comp
Richard Whaley
Trustee
$10,000
$10,000 No related compNo other comp
Ruben Gomez
Trustee LI Rep
$10,000
$10,000 No related compNo other comp

Contractors

Ftk Construction Services
Construction
$12,767,907
HD Supply Facilities Maintenance Ltd
Maintenance
$1,332,145
McCool Painting
Painting
$329,050
M Group LLP
Audit and Tax
$322,425
Conservice
Utility Management
$293,817

Mission Statement

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

Revisions to this organization profile

November 12, 2025:
2024 Atlantic Housing Foundation Inc. 990 filed
November 12, 2024:
2023 Atlantic Housing Foundation Inc. 990 filed
November 10, 2023:
2022 Atlantic Housing Foundation Inc. 990 filed

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