Foresight Affordable Housing Inc

EGG HARBOR TOWNSHIP, NJ EIN: 52-1979028 Website

FORESIGHT AFFORDABLE HOUSING, INC. WAS CREATED TO PROVIDE QUALITY AFFORDABLE HOUSING TO LOW INCOME INDIVIDUALS AND FAMILIES.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$243.6M

-2.5% YoY

Annual Giving

$12K

-4.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$12K

-4.0% YoY

About Foresight Affordable Housing Inc

Based on IRS filings

Foresight Affordable Housing Inc is a nonprofit organization, based in EGG HARBOR TOWNSHIP, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $243.6M in total assets. In 2024, it awarded 1 grants totaling $12K. Net investment income was $848K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Jersey $25K (100%)

States

New Jersey

Cities

Camden

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$243,613,545	$249,776,671	$39,444,822
Revenue	$25,355,509	$19,874,329	$3,700,566
Expenses	$39,515,197	$26,057,345	$4,001,529
Qualifying Distributions	—	—	—
Net Investment Income	$848,193	$1,101,390	$340,229
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

2 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Michaels Org Educational Found ($12,000).

Recipient	Purpose	Amount
THE MICHAELS ORG EDUCATIONAL FOUND CAMDEN, NJ	GENERAL SUPPORT	$12,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
DONALD REAPE	PRESIDENT (THRU 11/30/24)	20	$105,126
DR BRUCE JOHNSON	PRESIDENT (VP & ASSISTANT SECRETARY THRU 12/11/24)	20	$36,291
E JAMES HENDERSON	VP & ASSISTANT SECRETARY (SECRETARY & TREASURER THRU 12/11/24)	10	$20,460
MICHAEL BYRNES	SECRETARY/TREASURER (AS OF 12/11/24)	5	$4,000
GERALD F SCHWAM	TRUSTEE	1	$4,000
JANVIER L OSBORNE	TRUSTEE	1	$4,000
LYNDA BARNESS	TRUSTEE	1	$4,000
NEISA CARABALLO	TRUSTEE	1	$4,000
NELSON L MORGAN III	EXECUTIVE VICE PRESIDENT	40	$288,122
MARTIN WHALEN	VICE PRESIDENT OF DEVELOPMENT	40	$189,235
SHONTE' ESPINAL	VP OF ASSET OPERATIONS	40	$173,366

Frequently Asked Questions

How large is Foresight Affordable Housing Inc?

As of 2024, Foresight Affordable Housing Inc holds $243.6M in total assets with $25.4M in annual revenue. It awarded 1 grants totaling $12K in 2024.

Where does Foresight Affordable Housing Inc operate?

Foresight Affordable Housing Inc has awarded grants in New Jersey.

What size grants does Foresight Affordable Housing Inc award?

In 2024, Foresight Affordable Housing Inc awarded 1 grants totaling $12K — an average of about $12K per grant, based on its IRS Form 990 filings.

What is Foresight Affordable Housing Inc's EIN?

Foresight Affordable Housing Inc's EIN (Employer Identification Number) is 52-1979028. IRS Form 990 filing data is available on this page for 2020–2024.