To foster, support, provide, acquire, construct, rehabilitate and operate qualified affordable housing for low-income persons and families, elderly, and mentally or physically disabled persons where no adequate housing exists for such persons. Provide aid to the poor and distressed, provide decent, safe and sanitary housing, provide social services to low income persons and families, assist in the social and economic integration of the poor, combat community deterioration, lessen neighborhood tensions, eliminate prejudice and discrimination, and reduce the burden of government through the provision of affordable housing.In order to further assist the communities the Foundation serves or will serve, the board amended the Articles of Incorporation to include the charitable purpose of providing student housing as part of its charitable purposes, and filed the amended articles with the IRS and the South Carolina Secretary of State as of April 24, 2004. The board of directors concluded that
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$439.2M
-16.8% YoY
Annual Giving
$200K
Grant Count
1
Avg Grant Size
$200K
About Atlantic Housing Foundation Inc
Based on IRS filings
Atlantic Housing Foundation Inc is a nonprofit organization focused on Housing & Shelter, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $439.2M in total assets. In 2024, it awarded 1 grants totaling $200K. Net investment income was $16.4M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $439,221,223 | $528,140,962 | $540,951,595 |
| Revenue | $120,912,541 | $101,000,581 | $98,028,406 |
| Expenses | $117,636,361 | $112,402,795 | $106,224,237 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $16,426,309 | $4,942,541 | $7,273,346 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include FIU Foundation Inc ($200,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FIU Foundation Inc Miami, FL | Scholarships and Academic Support | $200,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Michael Nguyen | President & CEO | 40 | $574,498 |
| Wilfredo Saqueton | CFO, Scty,Treas | 40 | $289,611 |
| Carrie Stumfall | COO | 40 | $232,354 |
| Timothy Cone | Dir Development | 40 | $225,471 |
| Heather Baker | Dir Property Mgmt | 40 | $176,862 |
| Kent Foster | Assoc Dir of Dev | 40 | $165,502 |
| Keria Caldwell | Mgr of Asset Risk | 40 | $148,835 |
| Ruben Gomez | Trustee LI Rep | 2 | $10,000 |
| Stepanie Laxton | Trustee LI Rep | 2 | $10,000 |
| Michael Duffy | Chairman | 2 | $10,000 |
| Alan Naul | Trustee | 2 | $10,000 |
| Rachel Hayden | Trustee | 2 | $10,000 |
| Amanda Mccullough | Trustee LI Rep | 2 | $10,000 |
| James Kilpatrick Smith | Trustee | 2 | $5,000 |
| Robert Voelker | Trustee | — | $2,500 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Atlantic Housing Foundation Inc?
Atlantic Housing Foundation Inc is a nonprofit organization focused on Housing & Shelter, based in DALLAS, TX. It holds $439.2M in total assets as of 2024.
How large is Atlantic Housing Foundation Inc?
As of 2024, Atlantic Housing Foundation Inc holds $439.2M in total assets with $120.9M in annual revenue. It awarded 1 grants totaling $200K in 2024.
Where does Atlantic Housing Foundation Inc operate?
Atlantic Housing Foundation Inc has awarded grants in Florida.
What size grants does Atlantic Housing Foundation Inc award?
In 2024, Atlantic Housing Foundation Inc awarded 1 grants totaling $200K — an average of about $200K per grant, based on its IRS Form 990 filings.
What is Atlantic Housing Foundation Inc's EIN?
Atlantic Housing Foundation Inc's EIN (Employer Identification Number) is 57-1090154. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Atlantic Housing Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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