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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Unclassified Foresight Affordable Housing Inc.

Foresight Affordable Housing Inc.

Fiscal year ending 2024. Filed on November 14, 2025.

2900 Fire Road Suite 203
Egg Harbor Township, New Jersey 08234

Foresight Affordable Housing Inc. (EIN: 52-1979028) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Foresight Affordable Housing Inc., a 501(c)(3) charitable organization, reported compensation for 4 out of 11 total employees. Among the employees shown here, the average compensation is $225,338. The highest compensated employee at Foresight Affordable Housing Inc. is Nelson L Morgan III with fiscal year 2024 compensation of $343,531.

Revenue, expenses, and employee compensation

Revenue

$25,355,509

Expenses

$39,515,197

Employee compensation

$4,781,649
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Nelson L Morgan III
Executive Vice President
$343,531
$288,122 No related comp$55,409
Martin Whalen
Vice President, Development
$236,552
$189,235 No related comp$47,317
Shonte' Espinal
Vice President of Asset Operations
$204,769
$173,366 No related comp$31,403
Donald Reape
President (Thru 11/30/24)
$116,499
$105,126 No related comp$11,373

Benchmark Employee Compensation

Non-Employee Board Members

Dr Bruce Johnson
President (VP and Assistant Secretary THRU 12/11/24)
$52,058
$36,291 No related comp$15,767
E James Henderson
Vice President and Assistant Secretary (Secretary and Treasurer THRU 12/11/24)
$20,460
$20,460 No related compNo other comp
Gerald F Schwam
Trustee
$4,000
$4,000 No related compNo other comp
Lynda Barness
Trustee
$4,000
$4,000 No related compNo other comp
Michael Byrnes
Secretary/Treasurer (AS of 12/11/24)
$4,000
$4,000 No related compNo other comp
Janvier L Osborne
Trustee
$4,000
$4,000 No related compNo other comp
Neisa Caraballo
Trustee
$4,000
$4,000 No related compNo other comp

Mission Statement

AFFORDABLE HOUSING PROVIDER THAT PROVIDES MANAGEMENT SERVICES AND PROJECT OVERSIGHT IN AN EFFORT TO PROVIDE QUALITY AFFORDABLE HOUSING TO LOWER INCOME INDIVIDUALS AND FAMILIES.

Revisions to this organization profile

November 14, 2025:
2024 Foresight Affordable Housing Inc. 990 filed
November 15, 2024:
2023 Foresight Affordable Housing Inc. 990 filed
November 10, 2023:
2022 Foresight Affordable Housing Inc. 990 filed

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Foresight Affordable Housing of Pennsylvania Inc.
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Foresight Affordable Housing of MD Inc
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