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Florida · Nonprofit

SOUTHWEST FLORIDA AFFORDABLE HOUSING CHOICE FOUNDATION INC

SOUTHWEST FLORIDA AFFORDABLE HOUSING CHOICE FOUNDATION INC (Florida) receives grants from 1 organization whose IRS filings report $0 to it, the largest being HARRY CHAPIN FOOD BANK OF SOUTHWEST FLORIDA INC ($0). 1 of them have funded it in more than one year.

Revenue FY2024
$4.6M
Funders on record
1
Grants received
$0
Net assets
$17M
1/1 repeat funderspeak grant-dependency 0%
01What it does

What Southwest Florida Affordable Housing Choice Foundation Inc does

Mission

Provide and develop affordable housing opportunities for low and moderate income persons or families.

As stated on its FY2024 Form 990.

Programs

  1. Through awards from the neighborhood stabilization program (nsp) the agency constructed/purchased 82 units to be rented to low income persons or families. The agency is the owner/manager of these units. To qualify to live in these developments, the person/family income must be below 50% of the area median income; rent is based on the income of the tenant. During the tax year, additional land was purchased to expand and further affordable housing. The agency also purchased an age restricted property with 60 units in march 2020.

    $1,655,607 spentof which $10,000 as grants$2,432,049 earned by the program
    100% of program spending

  2. The agency is the managing general partner in two mixed finance partnerships: 1% ownership in each. The developments, placed in service in 2014, consists of 212 units of acc public housing and contract based section 8 units for low income persons/families. The developments are east pointe place and the landings at east point. Excess cash, per the partnership agreements, is distributed to the agency annually. These funds are used to continue the mission of developing affordable housing for low and moderate-income families/persons. The agency is currently working to develop 3 additional mixed financed properties. 1. The foundation purchased land in june 2022 to replace the royal palm public housing facility with a new senior facility on this purchased land. New facility is currently under design in 2023. 2. The agency has been awarded tax credits to build phase ii of east pointe place and has placed the credits in service in december 24. 3. The agency has returned the awarded tax credits to rehabilitate the public housing facility bonair towers. We are planning for/to build back on the original site and seek funding through the state arpa program. 4. We have closed on march 27,…

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,655,607.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 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.

100 = 20182018 Revenue 100 ($570k) Expenses 100 ($1.0M) Net assets 100 ($11M)2019 Revenue 130 ($739k) Expenses 75 ($775k) Net assets 100 ($11M)2020 Revenue 199 ($1.1M) Expenses 114 ($1.2M) Net assets 112 ($13M)2021 Revenue 861 ($4.9M) Expenses 166 ($1.7M) Net assets 128 ($14M)2022 Revenue 318 ($1.8M) Expenses 146 ($1.5M) Net assets 130 ($15M)2023 Revenue 493 ($2.8M) Expenses 176 ($1.8M) Net assets 138 ($15M)2024 Revenue 816 ($4.6M) Expenses 167 ($1.7M) Net assets 154 ($17M)
2018201920202021202220232024
Revenue (816)Expenses (167)Net assets (154)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $12M to $16M (+36%).

$12M
$12M
$16M
$18M
$19M
$19M
$20M
2018201920202021202220232024
Total assetsTotal liabilities

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.

2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

0% of SOUTHWEST FLORIDA AFFORDABLE HOUSING CHOICE FOUNDATION INC’s revenue is contributions — about as donation-reliant as the typical peer (39% for the typical peer).

This organization
Typical peer · 4,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 7 reported years ran a deficit.

−$470k
’18
−$36k
’19
−$55k
’20
$3.2M
’21
$297k
’22
$982k
’23
$2.9M
’24
55
months of
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.

Board chair

Bruce Strayhorn

Chairman

As listed on its FY2024 Form 990.

2018201920202021202220232024
Listed9887777
Joined·+2+0+1+0+0+0
No longer listed·302000
03Who funds it
04Its place in the field

Against its field

SOUTHWEST FLORIDA AFFORDABLE HOUSING CHOICE FOUNDATION INC runs a healthier operating margin than three-quarters of the 3,973 housing & shelter nonprofits its size.

Operating margin63% · top quartile
Months of reserve54.9mo · top quartile
Revenue growth (annualized)42% · top quartile

this organization peer median middle 50% of peers· 3,973 housing & shelter nonprofits $1M–$10M, FY2024

Organizations like SOUTHWEST FLORIDA AFFORDABLE HOUSING CHOICE FOUNDATION 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 Florida

Northwest Florida Community Housing Development Corporation84%Florida Home Partnership Inc83%Florida Non-Profit Housing Inc82%Lotus Endowment Fund Inc82%Tampa Housing Authority Development Corp82%Cathedral Terrace Inc82%Health Care Center For The Homeless Inc81%Aspire Health Partners Properties Inc81%

Nationally

Homes for America Inc84%Northwest Florida Community Housing Development Corporation84%Florida Home Partnership Inc83%Bayonet Point Area Housing Inc83%Affordable Housing Management Inc83%Florida Non-Profit Housing Inc82%Park Avenue Thorpe Housing Development Fund Corporation82%Urban Progress Corporation82%
05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

95% of spending goes to programs.

Program 95%Management 5%Fundraising 0%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

95%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 8 related entities

  • Coconut Cove Apartments LLC · disregarded
  • Broadway I LLC · disregarded
  • Covington Meadows I LLC · disregarded
  • Stella Apartments LLC · disregarded
  • Swanson Loop LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for SOUTHWEST FLORIDA AFFORDABLE HOUSING CHOICE FOUNDATION 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 SOUTHWEST FLORIDA AFFORDABLE HOUSING CHOICE FOUNDATION INC?
SOUTHWEST FLORIDA AFFORDABLE HOUSING CHOICE FOUNDATION INC (Florida) receives grants from 1 organization whose IRS filings report $0 to it, the largest being HARRY CHAPIN FOOD BANK OF SOUTHWEST FLORIDA INC ($0). 1 of them have funded it in more than one year.
How many funders does SOUTHWEST FLORIDA AFFORDABLE HOUSING CHOICE FOUNDATION INC have?
IRS filings report 1 organization giving $0 in grants to SOUTHWEST FLORIDA AFFORDABLE HOUSING CHOICE FOUNDATION INC, 1 of which have funded it in more than one year.
Who is the largest funder of SOUTHWEST FLORIDA AFFORDABLE HOUSING CHOICE FOUNDATION INC?
HARRY CHAPIN FOOD BANK OF SOUTHWEST FLORIDA INC is the largest funder on record, with $0 in grants. The full list of funders is on this page.
How can an organization like SOUTHWEST FLORIDA AFFORDABLE HOUSING CHOICE FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 1 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 14, 2026. What this page cannot tell you · view filing