Skip to content
Nonprofiteer
← AFIIG NFP

Form 990 for tax year 2022

Filed by AFIIG NFP.

Totals

Total revenue
$97,413
Total expenses
$86,786
Contributions and grants received
$24,981
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$72,432
Total assets, end of year
$1,501,388
Total liabilities, end of year
$720,511
Net assets or fund balances, end of year
$780,877
Program services expenses (Part IX)
$66,770
Management and general expenses
$20,016
Fundraising expenses
$0
Program service expenses (Part III)
$86,786

Program services were 76.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $8,728

  • 1f · All other contributions, gifts and grants

    $16,253

  • 6a · Gross rents

    real property $69,201

  • 6c · Rental income or loss

    real property $69,201

  • 6d · Net rental income or loss

    total $69,201 · related or exempt $69,201

  • 11a · Other revenue: Gain on Sale of Property

    total $0

  • 11d · All other revenue

    total $3,231 · related or exempt $3,231

  • 11e · Other revenue, total

    $3,231

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $2,340 · management and general $2,340

  • 13 · Office expenses

    total $18,629 · program services $3,917 · management and general $14,712

  • 22 · Depreciation, depletion and amortization

    total $1,574 · management and general $1,574

  • 24a · Other expenses: Other expenses

    total $63,859 · program services $62,853 · management and general $1,006

  • 24e · All other expenses

    total $384 · program services $0 · management and general $384

  • 26 · Joint costs (an allocation of the lines above)

    total $86,786 · program services $66,770 · management and general $20,016

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $174,881 · end of year $129,298

  • 4 · Accounts receivable

    beginning of year $100,900 · end of year $105,100

  • 10a · Land, buildings and equipment: cost or other basis

    $1,282,974

  • 10b · Land, buildings and equipment: accumulated depreciation

    $15,984

  • 10c · Land, buildings and equipment, net

    beginning of year $1,146,792 · end of year $1,266,990

  • 17 · Accounts payable and accrued expenses

    beginning of year $652,324 · end of year $720,511

Mission and programs · 2022

Mission

The AFIIG, NFPs mission is to provide charitable services in subsidized and affordable housing to the needy, the disadvantaged and the low income general public. As a result, the orgaanizations mission is to acquire buildings that are needed to be rehabilitated, then rehabilitate the acquired building to meet modern living standards before renting out at affordable rates to the needy and the disadvantaged general public.

Activities or mission (Part I)

The Corporation was formed to provide social services exclusively under section 501 (c) (3) of the Internal Revenue Code, or corrresponding section of any future federal tax code. Specifically, the corporations aims and objectives are to provide subsidized and affordable housing to the needy and the low income public.

  • Total Revenue of (1) Rental Income of $51,201 and Community Benefit Rental Discount of $18,000 for a total of $69,201. Plus (2) Public Support Income of $16,253 Plus Membership Dues of $8,728 and office Rent Donation of $3,231. While the Program Services Expenses are composed of Contributions of $22,405 ,Accounting of 2,340, Office Exps. of 18,629, Depr. of 1,574 Property Management of $7,266, Real Estate Taxes of 6,416, Repairs & Maint. of $9,772, Rental Sub. of $18,000 , other Exp.384

    Expenses $86,786 · Revenue $97,413

As filed on the 2022 return.

Listed in Part VII

  • Bashiru Habib

    President

    Total calculated
    $0
    Hours/week
    12

  • Hafiz Bannire

    General Secretary

    Total calculated
    $0
    Hours/week
    12

  • Rilwan Martin

    Treasurer

    Total calculated
    $0
    Hours/week
    24

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
22 May 2022
IRS schema version
2022v5.0
Source object
202321259349301632

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.