Tennessee · Nonprofit
AFFORDABLE HOUSING RESOURCES INC
AFFORDABLE HOUSING RESOURCES INC (Tennessee) receives grants from 8 organizations whose IRS filings report $4,946,371 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($3,404,000). 7 of them have funded it in more than one year.
- Revenue FY2025
- $8.4M
- Funders on record
- 8
- Grants received
- $4.9M
- Net assets
- $16M
What Affordable Housing Resources Inc does
Mission
Affordable housing resources, inc. (ahr) is a non-profit organization whose mission is to create affordable housing and strong neighborhoods. For over 20 years, ahr has been laying a foundation for successful home ownership for middle tennessee's workforce. Ahr is committed to providing home ownership opportunities for low to moderate income families, which enables these families to become successful homeowners over the long term.
As stated on its FY2025 Form 990.
Programs
Disaster relief program: ahr acquires funding to assist in the prevention of forclosure and rental evictions of low income families.
$3,971,935 spent74% of program spendingLending - interest on loans serviced by pinnacle bank on behalf of ahr.
$777,896 spent$328,255 earned by the program14% of program spendingSingle family development - ahr provides housing to low income families through construction, sales, rehab, and rental of homes.
$445,888 spent$478,226 earned by the program8% of program spendingHomebuyer education - ahr offered pre-purchase home buyer education programs through partnerships with the tennessee housing development agency and neighborworks america to create successful homebuyers.
$187,025 spent$73,585 earned by the program3% of program spending
The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $5,382,744.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $30M to $37M (+23%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2020 0% · 2021 2% · 2023 22% · 2024 57% · 2025 45%. Grants only. Government contracts and fees sit inside program revenue.
87% of AFFORDABLE HOUSING RESOURCES INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (39% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Eddie Latimer
CEO
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 5 funders, grant income rose $195k → $736k.
3 of 8 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 3% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of AFFORDABLE HOUSING RESOURCES INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
AFFORDABLE HOUSING RESOURCES INC leans on a few funders — its largest provides 69% of grant income and the top three 98%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
99% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund AFFORDABLE HOUSING RESOURCES INC.
Largest funder’s share by year: 2017 100% · 2018 99% · 2019 96% · 2020 53% · 2021 83% · 2022 51% · 2023 64% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
75% of AFFORDABLE HOUSING RESOURCES INC's funders are still giving 3 years after their first grant; 88% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
AFFORDABLE HOUSING RESOURCES INC draws 72% of its grant income from funders outside Tennessee, across 4 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $154k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
AFFORDABLE HOUSING RESOURCES INC runs a healthier operating margin than three-quarters of the 2,367 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 2,367 housing & shelter nonprofits $1M–$10M, FY2025
Government funding AFFORDABLE HOUSING RESOURCES INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.1M on record.
- Department of the Treasury$2.1M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like AFFORDABLE HOUSING RESOURCES INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Tennessee
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
93% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- Resource Foundation · exempt
Screen this organization
A dated, signed PDF of the compliance screen for AFFORDABLE HOUSING RESOURCES INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds AFFORDABLE HOUSING RESOURCES INC?
- AFFORDABLE HOUSING RESOURCES INC (Tennessee) receives grants from 8 organizations whose IRS filings report $4,946,371 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($3,404,000). 7 of them have funded it in more than one year.
- How many funders does AFFORDABLE HOUSING RESOURCES INC have?
- IRS filings report 8 organizations giving $4,946,371 in grants to AFFORDABLE HOUSING RESOURCES INC, 7 of which have funded it in more than one year.
- Who is the largest funder of AFFORDABLE HOUSING RESOURCES INC?
- NEIGHBORHOOD REINVESTMENT CORPORATION is the largest funder on record, with $3,404,000 in grants. The full list of funders is on this page.
- How can an organization like AFFORDABLE HOUSING RESOURCES INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Tennessee. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Affordable Housing Resources →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 8 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing