Mid-atlantic Affordable Housing Management Association
501(c)(6)
Only null% goes to programs Strong reserves Growing revenue
Mid-atlantic Affordable Housing Management Association is a 501(c)(6) organization based in Richmond, Virginia, registered in 1993, with $638,162 in FY2024 revenue. CharityIndex grades it B.
909 Westham Pkwy, Richmond, VA, 23229 EIN 54-1680425 Since 1993
Revenue (FY2024)
$638K
▼ 2.2% vs prior year
Expenses (FY2024)
$521K
Net assets
$1.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Mid-atlantic Affordable Housing Management Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating25 mo reserves · +18% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mid-atlantic Affordable Housing Management Association: 25 mo reserves · +18% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Mid-atlantic Affordable Housing Management Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mid-atlantic Affordable Housing Management Association: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $291K (FY2013) to $638K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.1M
Operating margin
18.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$0
Net assets
$1.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $638,162▼2.2% | $521,031▲1.0% | $1,100,048▲11.9% | $1,100,048▲11.9% | 990 |
| 2023 | $652,795▲11.3% | $515,778▲3.3% | $982,917▲16.2% | $982,917▲16.2% | 990 |
| 2022 | $586,385▲9.6% | $499,413▲56.2% | $845,900▲11.5% | $845,900▲11.5% | 990 |
| 2021 | $534,902▲12.2% | $319,788▲0.8% | $758,928▲39.6% | $758,928▲39.6% | 990 |
| 2020 | $476,816▼2.3% | $317,105▼27.8% | $543,814▲41.6% | $543,814▲41.6% | 990 |
| 2019 | $487,943▼5.9% | $438,963▼4.1% | $384,103▲14.6% | $384,103▲14.6% | 990 |
| 2018 | $518,606▼3.1% | $457,868▼4.5% | $335,123▲22.1% | $335,123▲22.1% | 990 |
| 2017 | $535,018▲18.0% | $479,337▲5.0% | $274,385▲25.5% | $274,385▲25.5% | 990 |
| 2016 | $453,353▲19.6% | $456,354▼0.3% | $218,704▼1.4% | $218,704▼1.4% | 990 |
| 2015 | $378,947▲6.2% | $457,927▲113% | $221,705▼26.3% | $221,705▼26.3% | 990 |
| 2014 | $356,736▲22.6% | $215,215▼26.9% | $300,685▲88.9% | $300,685▲88.9% | 990 |
| 2013 | $290,988 | $294,300▲16.3% | $159,164▼2.0% | $159,164▼2.0% | 990 |
| 2012 | — | $252,962▲18.4% | $162,476▲19.4% | $162,476▲19.4% | 990 |
| 2011 | — | $213,721▲22.2% | $136,134▲29.8% | $136,134▲29.8% | 990 |
| 2010 | — | $174,836 | $104,863 | $104,863 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Mid-atlantic Affordable Housing Management Association a legitimate nonprofit?
- Yes. Mid-atlantic Affordable Housing Management Association is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 54-1680425, based in Richmond, Virginia.
- What is Mid-atlantic Affordable Housing Management Association's EIN?
- Mid-atlantic Affordable Housing Management Association's Employer Identification Number (EIN) is 54-1680425.
- How much revenue does Mid-atlantic Affordable Housing Management Association report?
- Mid-atlantic Affordable Housing Management Association reported $638,162 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Mid-atlantic Affordable Housing Management Association have?
- CharityIndex grades Mid-atlantic Affordable Housing Management Association B, based on financial health (reserves and operating margin).
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Data for Mid-atlantic Affordable Housing Management Association (EIN 54-1680425) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.