Foresight Affordable Housing Inc logo

Foresight Affordable Housing Inc

Public charity · Grantmaker 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.

Key facts about Foresight Affordable Housing Inc

In short: Foresight Affordable Housing Inc gave $12K across 1 grant in 2024 (avg $12K), mostly in New Jersey. Source: 2024 IRS Form 990.

EIN
52-1979028
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$12,000
Grants made (2024)
1
Average grant
$12,000
Median grant
$12,000
Total assets
$243,613,545
Primary geography
New Jersey (100% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$243.6M

-2.5% YoY

Annual Giving

$12K

-4.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$12K

-4.0% YoY

How Foresight Affordable Housing Inc gives

  • Giving held roughly steady from 2021 to 2024 (+0%). Method

From the foundation's IRS Form 990 filings. Methodology.

About Foresight Affordable Housing Inc

Based on IRS filings

Foresight Affordable Housing Inc is a public charity, 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 grant totaling $12K. Net investment income was $848K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Camden

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K1 grant2020 1 grant2021 0 grants2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $12K (2020) to $13K (2023). In 2024 it made 1 grant totaling $12K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

The Michaels Org Educational Found: $12KThe Michaels Org EducationalFound$12K

The largest 2024 recipient was The Michaels Org Educational Found ($12K).

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 4 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Michaels Org Educational Found Camden, NJGeneral Support$12,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$20M$40M$60M2020 2021 2022 2023 2024
Metric202420232022
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
Net Investment Income$848,193$1,101,390$340,229

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
  5. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Foresight Affordable Housing Inc is led by Bruce Johnson, President since 2024 (on filings since 2020); all 11 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Bruce Johnson

    President

    Vice President & Assistant Secretary → President, 2024

    On filings since 2020

    20 hrs/week

    $34K (2020) → $36K (2024)

  • Donald Reape

    President

    On filings since 2020

    20 hrs/week

    $80K (2020) → $105K (2024)

  • Gerald F. Schwam

    Trustee

    On filings since 2020

    1 hr/week

    $2K (2020) → $4K (2024)

  • Janvier L. Osborne

    Trustee

    On filings since 2020

    1 hr/week

    $2K (2020) → $4K (2024)

  • Lynda Barness

    Trustee

    On filings since 2020

    1 hr/week

    $2K (2020) → $4K (2024)

  • Neisa Caraballo

    Trustee

    On filings since 2020

    1 hr/week

    $2K (2020) → $4K (2024)

  • E. James Henderson

    Vice President & Assistant Secretary

    Secretary & Treasurer → Vice President & Assistant Secretary, 2024

    On filings since 2020

    10 hrs/week

    $17K (2020) → $20K (2024)

  • Michael Byrnes

    Secretary & Treasurer

    Trustee → Secretary & Treasurer, 2024

    On filings since 2020

    5 hrs/week

    $2K (2020) → $4K (2024)

  • Nelson L. Morgan III

    Executive Vice President

    Vice President → Executive Vice President, 2024

    On filings since 2020

    40 hrs/week

    $237K (2020) → $288K (2024)

  • Martin Whalen

    Vice President of Development

    On filings since 2021

    40 hrs/week

    $148K (2021) → $189K (2024)

  • Shonte' Espinal

    Vice President of Asset Operations

    On filings since 2022

    40 hrs/week

    $132K (2022) → $173K (2024)

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Nelson L Morgan III — Executive Vice President: $288KNelson L Morgan IIIExecutive Vice President$288KMartin Whalen — Vice President of Development: $189KMartin WhalenVice President of Development$189KShonte' Espinal — VP of Asset Operations: $173KShonte' EspinalVP of Asset Operations$173KDonald Reape — President (Thru 11/30/24): $105KDonald ReapePresident (Thru 11/30/24)$105KDr Bruce Johnson — President (VP & Assistant Secretary Thru 12/11/24): $36KDr Bruce JohnsonPresident (VP & Assistant…$36KE James Henderson — VP & Assistant Secretary (Secretary & Treasurer Thru 12/11/24): $20KE James HendersonVP & Assistant Secretary…$20KMichael Byrnes — Secretary/Treasurer (As of 12/11/24): $4KMichael ByrnesSecretary/Treasurer (As of…$4KGerald F Schwam — Trustee: $4KGerald F SchwamTrustee$4KJanvier L Osborne — Trustee: $4KJanvier L OsborneTrustee$4KLynda Barness — Trustee: $4KLynda BarnessTrustee$4KNeisa Caraballo — Trustee: $4KNeisa CaraballoTrustee$4K

The highest reported compensation on the 2024 filing was $288K, to Nelson L Morgan III (Executive Vice President). 11 officers or directors reported compensation on that filing.

Frequently asked questions about Foresight Affordable Housing Inc

How much does Foresight Affordable Housing Inc give each year?

Foresight Affordable Housing Inc gave $12K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $13K across 1 grant.

How large is Foresight Affordable Housing Inc?

Foresight Affordable Housing Inc reported $243.6M in total assets on its 2024 IRS Form 990. Its revenue that year was $25.4M.

Where does Foresight Affordable Housing Inc operate?

Foresight Affordable Housing Inc has awarded grants in New Jersey.

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.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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