Ahi Capital Gateway Inc.

Ahi Capital Gateway Inc. is a tax-exempt nonprofit organization based in Boston, Massachusetts, with a mission to improve housing in slums and low-income areas by facilitating connections between large capital sources and local finance entities[3][4][5].

Overview

• Tax Status: Ahi Capital Gateway Inc. is designated as a tax-exempt organization, allowing donations to be tax deductible[1].
• Category: It is categorized under Housing, Shelter, and Nonmonetary Support N.E.C. (not elsewhere classified) according to the National Taxonomy of Exempt Entities (NTEE)[1].
• Financial Operations: As of recent filings, the organization's revenue primarily comes from investment income. In its latest filed data, total assets exceed $1 million, with liabilities significantly lower[1].

Purpose

The organization's main objective is to enhance housing conditions in disadvantaged areas by acting as a financial intermediary. This approach helps leverage capital to support housing development in low-income and marginalized communities[3][4].

Relation to Affordable Housing Institute (AHI)

While the name might suggest a connection, Ahi Capital Gateway Inc. does not appear to be directly related to the Affordable Housing Institute (AHI), which is an impact consultancy also focused on affordable housing, founded in 2002[2]. AHI works globally on housing policy, finance, and development, but the two entities seem distinct in their operational scope and mission, even if both address affordable housing issues.

Governance and Operations

Details on the specific governance structure and board members of Ahi Capital Gateway Inc. are not readily available[3]. The organization operates with a focus on connecting capital resources to local needs, but detailed activity reports or recent project outcomes are not publicized in the available data.

Financials

Recent financial data indicates that the organization relies on investment income for its revenue, with no significant contributions from other sources like program services or fundraising activities[1]. Expenses are primarily managed to maintain operational effectiveness within its financial framework.

Impact and Role

Ahi Capital Gateway Inc. fills a specific niche by facilitating financial linkages that can lead to improved housing outcomes in underserved areas. While its operations might not be as publicly visible as some other nonprofits, its role in leveraging capital for local housing initiatives is critical for its mission.