Alamo Area Mutual Housing Association Inc

Overview

The Alamo Area Mutual Housing Association Inc operates under the title of a housing and shelter nonprofit organization. Its mission is to develop, acquire, own, and manage affordable housing in community environments that foster resident education, self-sufficiency, leadership, and volunteerism through successful partnerships.

History and Mission

The organization focuses on creating leasable affordable housing communities, either by transforming existing multi-family properties or building new ones from scratch. These communities are managed in partnership with a contracted management company to ensure quality housing.

Programs and Services

Alamo Area Mutual Housing Association provides year-round resident programming through Learning Centers that are staffed by Resident Coordinators. The programs include leadership development and education for both adults and youth, as well as financial literacy and community wellness services. Partnerships with organizations like Junior Achievement, Girl Scouts, and 4-H are part of their educational curriculum for youth.

Financials

As of recent financial reports, the organization's revenue is primarily derived from program services. Contributions and investment income constitute smaller portions of their revenue. Total assets have increased over the years, reflecting ongoing growth in the organization's capacity to manage and develop housing.

Governance and Leadership

The leadership includes key employees and board members from diverse backgrounds, each contributing different professional expertise. Board practices emphasize orientation, ethics, and performance assessment, ensuring effective governance and transparency within the organization.

Impact

Through its efforts to provide affordable housing and community programs, the Alamo Area Mutual Housing Association plays a significant role in enhancing the quality of life for its residents by offering a supportive community environment.