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Filing year 2024

THE AFFORDABLE HOUSING OPPORTUNITY FUND

Charlottesville, Virginia·EIN 84-2840147·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$3.7M
Total assets
$2.7M
Total expenses
$5M
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. THE AFFORDABLE HOUSING OPPORTUNITY FUND reported 4 unpaid officers and board members on its 990-PF.

Secretary
Treasurer
Chairperson
Vice President

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$4.9M

Itemized grants

6

Median grant

$252k

RecipientLocationPurposeAmount
CHARLOTTESVILLE COMMUNITY DEVELOPMENT CORPCHARLOTTESVILLE, VACRESCENT HALLS RENOVATION$2.7M
CHARLOTTESVILLE COMMUNITY DEVELOPMENT CORPCHARLOTTESVILLE, VASOUTH FIRST PHASE II$1.5M
CHARLOTTESVILLE COMMUNITY DEVELOPMENT CORPCHARLOTTESVILLE, VASOUTH FIRST PHASE I$307k
CHARLOTTESVILLE COMMUNITY DEVELOPMENT CORPCHARLOTTESVILLE, VAWESTHAVEN$197k
CHARLOTTESVILLE COMMUNITY DEVELOPMENT CORPCHARLOTTESVILLE, VASIXTH STREET$150k
CHARLOTTESVILLE COMMUNITY DEVELOPMENT CORPCHARLOTTESVILLE, VASIXTH STREET PHASE II$3k
Financial trend

Revenue and expenses over time

THE AFFORDABLE HOUSING OPPORTUNITY FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.8M
$3.1M
2023
$3.7M
$5M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Virginia

THE AFFORDABLE HOUSING OPPORTUNITY FUND reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Virginia earns a median of $35,000.

25th percentile
$9k
Median
$35,000
75th percentile
$95k
90th percentile
$223k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 475 organizations across 475 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Virginia
FAQ

Common questions about THE AFFORDABLE HOUSING OPPORTUNITY FUND

What are THE AFFORDABLE HOUSING OPPORTUNITY FUND's revenue and expenses?

In 2024, THE AFFORDABLE HOUSING OPPORTUNITY FUND reported $3.7M in total revenue and $5M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.