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Nonprofit · EIN 58-1857324

AFFORDABLE HOUSING RESOURCES INC

Tax-exempt · NASHVILLE, TN 37228

Financials

$5.2M$2.5M2023$7.6M$5.7M2024$8.4M$5.8M2025
Revenue Expenses · by fiscal year end
Financials of AFFORDABLE HOUSING RESOURCES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$8,381,450$5,760,204$2,621,246$36,684,649$20,694,019$15,990,630
December 31, 2024990$7,609,212$5,655,691$1,953,521$29,939,155$16,569,771$13,369,384
December 31, 2023990$5,229,157$2,518,879$2,710,278$27,266,246$15,850,383$11,415,863
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$7,275,080
of which government grants
$3,808,875
Program service revenue
$554,629
Investment income
$550,567
Net gain from sales of assets
$324,263
Other revenue
$1,174

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$474,681
Other salaries and wages
$538,615
Salaries, compensation and benefits (total)
$1,170,996
Professional fundraising fees
$0
Occupancy
$190,873
Travel
$12,768
Depreciation
$36,578
Program services (functional)
$5,382,744
Management and general (functional)
$377,460

Balance sheet and other

Total assets, start of year
$29,939,155
Total assets, end of year
$36,684,649
Total liabilities, end of year
$20,694,019
Net assets, end of year
$15,990,630
Land, buildings and equipment
$788,573
Publicly traded securities
$56,979
Net assets without donor restrictions
$15,990,630
Gross receipts
$9,405,023
Employees
13
Volunteers
13
Year formed
1988
State of legal domicile
TN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
EDDIE LATIMERCEO
Trustee or director, Officer
40$195,831$8,919
DAN EATONDIRECTOR OF HOUSING DEVELOPMENT
Highest-paid employee
40$134,512$4,878
CYNTHIA PERAZACOO
Trustee or director, Officer
40$127,247$3,294
JOHN A BEAM IIISECRETARY & CHAIR GOVERNANCE
Trustee or director, Officer
2$0$0
W PERRY BLANDFORDBOARD CHAIR
Trustee or director, Officer
2$0$0
R DALE MITCHELLTREASURER
Trustee or director, Officer
1$0$0
DAVID CRANEDIRECTOR
Trustee or director
1$0$0
JAQUELINE PAUL SIMSDIRECTOR
Trustee or director
1$0$0
ALETA YOUNGDIRECTOR
Trustee or director
1$0$0
PAUL HOFFMANDIRECTOR
Trustee or director
1$0$0
JIM RIENIETSDIRECTOR
Trustee or director
1$0$0
PAIGE O'DELLDIRECTOR
Trustee or director
1$0$0
ROSEMARY NABAWEESIDIRECTOR
Trustee or director
1$0$0
JAMEL CAMBELL-GOOCHDIRECTOR
Trustee or director
1$0$0
MARK G CALVERTDIRECTOR
Trustee or director
1$0$0
1 more people on this return
NameTitleHours / weekCompensation
ANTON JACKSONDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2024: 15 people
NameTitleHours / weekCompensationOther / benefits
EDDIE LATIMERCEO
Trustee or director, Officer
40$224,917$7,558
DAN EATONDIRECTOR OF HOUSING DEVELOPMENT
Highest-paid employee
40$119,663$4,062
DAVID CRANEDIRECTOR
Trustee or director
1$0$0
JAQUELINE PAUL SIMSDIRECTOR
Trustee or director
1$0$0
ALETA YOUNGDIRECTOR
Trustee or director
1$0$0
PAUL HOFFMANDIRECTOR
Trustee or director
1$0$0
JOHN A BEAM IIISECRETARY & CHAIR GOVERNANCE
Trustee or director, Officer
2$0$0
W PERRY BLANDFORDBOARD CHAIR
Trustee or director, Officer
2$0$0
DEWAYNE OLIVETREASURER & FINANCE CHAIR
Trustee or director, Officer
1$0$0
JIM RIENIETSDIRECTOR
Trustee or director
1$0$0
PAIGE O'DELLDIRECTOR
Trustee or director
1$0$0
R DALE MITCHELLDIRECTOR
Trustee or director
1$0$0
ROSEMARY NABAWEESIDIRECTOR
Trustee or director
1$0$0
JAMAL CAMBELL-GOOCHDIRECTOR
Trustee or director
1$0$0
MARK G CALVERTDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 19 people
NameTitleHours / weekCompensationOther / benefits
EDDIE LATIMERCEO
Trustee or director, Officer
40$190,055$7,117
DAN EATONDIRECTOR OF HOUSING DEVELOPMENT
Highest-paid employee
40$128,685$3,815
DAVID CRANEDIRECTOR
Trustee or director
1$0$0
AMY DELKDIRECTOR
Trustee or director
1$0$0
DR DARREN KENNEDYDIRECTOR
Trustee or director
1$0$0
JAQUELINE PAUL SIMSDIRECTOR
Trustee or director
1$0$0
KAITLIN DASTUQUEHOUSING DEVELOPMENT CHAIR
Trustee or director
1$0$0
ALETA YOUNGDIRECTOR
Trustee or director
1$0$0
PAUL HOFFMANDIRECTOR
Trustee or director
1$0$0
JOHN A BEAM IIISECRETARY & CHAIR GOVERNANCE
Trustee or director, Officer
2$0$0
W PERRY BLANDFORDBOARD CHAIR
Trustee or director, Officer
2$0$0
KATHY FLOYD-BUGGSDIRECTOR
Trustee or director
2$0$0
DEWAYNE OLIVETREASURER & FINANCE CHAIR
Trustee or director, Officer
1$0$0
JIM RIENIETSDIRECTOR
Trustee or director
1$0$0
PAIGE O'DELLDIRECTOR
Trustee or director
1$0$0
R DALE MITCHELLDIRECTOR
Trustee or director
1$0$0
ROSEMARY NABAWEESIDIRECTOR
Trustee or director
1$0$0
JAMAL CAMBELL-GOOCHDIRECTOR
Trustee or director
1$0$0
MARK G CALVERTDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
1 VANTAGE WAY C-130, NASHVILLE, TN 37228-1552
Principal officer (990 for 2025)
EDDIE LATIMER, 1 VANTAGE WAY C-130, NASHVILLE, TN 37228
Signed the 990
EDDIE LATIMER, CEO
Phone
(615) 251-0025
Return prepared by
LBMC PC

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.

990 for the year ended December 31, 2025

Program accomplishments

  • DISASTER RELIEF PROGRAM: AHR ACQUIRES FUNDING TO ASSIST IN THE PREVENTION OF FORCLOSURE AND RENTAL EVICTIONS OF LOW INCOME FAMILIES.
    Expenses $3,971,935
  • LENDING - INTEREST ON LOANS SERVICED BY PINNACLE BANK ON BEHALF OF AHR.
    Expenses $777,896 · revenue $328,255
  • SINGLE FAMILY DEVELOPMENT - AHR PROVIDES HOUSING TO LOW INCOME FAMILIES THROUGH CONSTRUCTION, SALES, REHAB, AND RENTAL OF HOMES.
    Expenses $445,888 · revenue $478,226
  • HOMEBUYER EDUCATION - AHR OFFERED PRE-PURCHASE HOME BUYER EDUCATION PROGRAMS THROUGH PARTNERSHIPS WITH THE TENNESSEE HOUSING DEVELOPMENT AGENCY AND NEIGHBORWORKS AMERICA TO CREATE SUCCESSFUL HOMEBUYERS.
    Expenses $187,025 · revenue $73,585

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
58-1857324
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1989
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$36,684,649
Income (IRS master file)
$9,405,023

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$8,381,450$5,760,204$36,684,649XML
990December 2024$7,609,212$5,655,691$29,939,155XML
990December 2023$5,229,157$2,518,879$27,266,246XML
990December 2022$4,202,801$1,617,401$25,997,448IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-1857324).

Questions about AFFORDABLE HOUSING RESOURCES INC

What is the EIN of AFFORDABLE HOUSING RESOURCES INC?
The employer identification number (EIN) of AFFORDABLE HOUSING RESOURCES INC is 58-1857324.
Is AFFORDABLE HOUSING RESOURCES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to AFFORDABLE HOUSING RESOURCES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AFFORDABLE HOUSING RESOURCES INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of AFFORDABLE HOUSING RESOURCES INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AFFORDABLE HOUSING RESOURCES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of AFFORDABLE HOUSING RESOURCES INC?
The 990 for the year ended December 31, 2025 names EDDIE LATIMER.
Who are the officers and directors of AFFORDABLE HOUSING RESOURCES INC?
The 990 for the year ended December 31, 2025 lists 16 people; 3 received compensation from the organization, the highest $195,831 (EDDIE LATIMER, CEO).
How much revenue does AFFORDABLE HOUSING RESOURCES INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $8,381,450, expenses of $5,760,204 and total assets of $36,684,649 at year end.

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