Westside Affordable Housing Inc

EIN 02-0567158 • 501(c)3 • Atlanta, GA

Profile

Participate in the acquisition and development of certain properties to support the overall revitalization program at or near the housing authority of the city of atlanta, georgia (dba atlanta housing authority or aha) communities or other appropriate locations in metropolitan atlanta.

230 John Wesley Dobbs AvenueAtlanta, GA 30303-2429

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

0.00x

Higher debt load relative to assets than 4% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

0.00x

Higher debt load relative to revenue than 7% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

97%

Higher net margin than 99% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

$631,161

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 100.7% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

-3.7%

Faster asset growth than 18% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

887%

Faster revenue growth than 99% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet

Liabilities / Assets4th percentile

Assets

Down

$37,323,639

Down $1,431,281 (-3.7%) from 2023

Liabilities

Down

$2,499

Down $37,140 (-94%) from 2023

Net Assets

Down

$37,321,140

Down $1,394,141 (-3.6%) from 2023

Operations

Liabilities / Revenue7th percentile Net Margin99th percentile

Revenue

$626,464

Up $562,975 (+887%) from 2023

Expenses

Down

$20,605

Down $438,044 (-96%) from 2023

Net Income

$605,859

Up $1,001,019 (+253%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth18th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

Highlighted filing

2024

Assets$37,323,639

Liabilities$2,499

Net Assets$37,321,140

Open 2024 Filing

Operations Trend

Revenue Growth99th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

Highlighted filing

2024

Revenue$626,464

Expenses$20,605

Net Income$605,859

Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing

Assets: $37,323,639
Liabilities: $2,499
Net assets: $37,321,140
Revenue: $626,464
Expenses: $20,605
Net income: $605,859

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$37.3	$0.00	$37.3	$0.63	$0.02	$0.61
2023Detailed filing. Detailed filing data is available for this year.	$38.8	$0.04	$38.7	$0.06	$0.46	$0.40
2022Detailed filing. Detailed filing data is available for this year.	$39.1	$0.00	$39.1	$0.72	$0.17	$0.56
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$38.7	$0.01	$38.7	$0.06	$0.09	$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$38.8	$0.01	$38.8	$0.79	$0.07	$0.72
2019Detailed filing. Detailed filing data is available for this year.	$38.6	$0.02	$38.6	$0.09	$0.10	$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$38.6	$0.00	$38.6	$0.06	$0.09	$0.03
2017Detailed filing. Detailed filing data is available for this year.	$38.6	$0.01	$38.6	$1.51	$0.13	$1.38
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$38.3	$2.79	$35.5	$0.02	$0.25	$0.23
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$38.6	$2.79	$35.8	$0.04	$0.24	$0.20
2014Detailed filing. Detailed filing data is available for this year.	$38.7	$2.78	$36.0	$2.02	$0.06	$1.95
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$36.8	$2.48	$34.3	$5.66	$0.09	$5.57
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$30.1	$1.29	$28.8		$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$28.2	$1.29	$26.9		$0.90
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$26.3	$1.28	$25.0		$0.37

Latest Filing Detail

Jump To

Filing Snapshot

Filing Period: Jul 1, 2023 to Jun 30, 2024
Signed: May 8, 2025
Return Version: 2023v6.0
Gross Receipts: $626,464

Mission and Program Overview

Mission

To participate in the acquisition and development of certain properties to support the overall revitalization program at or near aha communities or other appropriate locations in metropolitan atlanta.

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Land, Buildings, and Equipment, Net	$36,626,305	$36,608,984	▼ $17,321
Cash and Non-Interest-Bearing Accounts	$2,128,508	$613,392	▼ $1,515,116
Accounts Receivable	$107	$420	▲ $313
Total Assets	$38,754,920	$37,323,639	▼ $1,431,281
Other Assets Total	$0	$100,843	▲ $100,843
Liabilities
Deferred Revenue	$4,976	$1,525	▼ $3,451
Accounts Payable and Accrued Expenses	$34,663	$974	▼ $33,689
Total Liabilities	$39,639	$2,499	▼ $37,140
Net Assets / Fund Balance
Net Assets Without Donor Restrictions	$38,580,181	$37,186,040	▼ $1,394,141
Net Assets With Donor Restrictions	$135,100	$135,100	→ $0
Total Net Assets Fund Balance	$38,715,281	$37,321,140	▼ $1,394,141
Total Liabilities and Net Assets / Fund Balance	$38,754,920	$37,323,639	▼ $1,431,281

Asset Categories

Asset	Book Value	Depreciation	Basis
Land	$36,297,208	-	$36,297,208
Buildings	$311,776	$478,137	$789,913

Compensation and Service Providers

Top Officer Pay87th percentile

Board Members and Trustees

Name	Title
Eugene E Jones Jr	President & CEO (thru 2/24)
Douglas Hooker	Board Member
Duriya Farooqui	Board Member
Joel Alvarado	Board Member
Larry Stewart	Board Member
Sarah Kirsch	Board Member
Lisa Washington	ASST SEC/DGC (1/24);SEC/GC (AT 2/24)
Heather Ancrum	Asst Sec/dgc (at 2/24)
Dwayne Vaughn	SEC/GC (1/24); VP/COO (AT 2/24)
Fenice Taylor	Treasurer & CFO (at 1/24)
Kenneth Sadeckas	Treasurer & CFO (thru 1/24)
Terri M Lee	VP/COO (1/24); PRES/CEO (AT 2/24)

Revenue and Support

Revenue Composition

Contributions and Grants: $0
Program Service Revenue: $184,511
Investment Income: $441,953
Other Revenue: $0
Change in Net Assets: $605,859

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Other Expenses	$20,605
Grants and Similar Amounts Paid	$0
Professional Fundraising Fees	$0
Salaries, Compensation, and Employee Benefits	$0
Total Fundraising Expense	$0

Functional Expense Allocation

Line Item	Program	Management	Fundraising	Total
Depreciation Depletion	$17,321	-	-	$17,321
Fees for Services Other	$3,284	-	-	$3,284
Total Functional Expenses	$20,605	$0	$0	$20,605

Fundraising, Events, and Gaming

Fundraising activities: No
Gaming activities: No
Professional fundraiser used: No

Fundraising and Gaming Totals

Line Item	Amount
Professional Fundraising Fees	$0

Political and Lobbying Activity

Political campaign activity: No
Lobbying activity: No
Subject to proxy tax: No

Related Organizations and Partnerships

Related Tax-Exempt Organizations

Organization	Location	Activity	Code	Public Charity	Controlled
230 John Wesley Dobbs Blvd Ventures Inc	Atlanta, GA	Affordable Housing	501(c)(3)	Line 12a, I	No
Atlanta Affordable Housing for Future	Atlanta, GA	Affordable Housing	501(c)(3)	Line 12a, I	No
Atlanta Housing Development Corp Inc	Atlanta, GA	Affordable Housing	-	-	No
Atlanta Housing Opportunity Inc	Atlanta, GA	Affordable Housing	-	-	No
Housing Auth of City of Atlanta Ga	Atlanta, GA	Affordable Housing	501(c)(3)	Line 7	No
Renaissance Affordable Housing Inc	Atlanta, GA	Affordable Housing	501(c)(3)	Line 12a, I	No
Special Housing and Homeownership Inc	Atlanta, GA	Affordable Housing	501(c)(3)	Line 12a, I	No
Strategic Resource Development Corp	Atlanta, GA	Affordable Housing	-	-	No

Related Partnerships and Joint Ventures

Organization	Location	Activity	Income	Assets	Ownership	Managing Partner
Centennial Park North Ii LLC	Atlanta, GA	Affordable Housing	$143,769	$-116,383	10%	Yes

Disregarded Entities

Entity	Location	Activity	Income	Assets	Controller
Westside Revitalization Acquisitions LLC	Atlanta, GA	Affordable Housing	$237,317	$25,705,084	Westside Affordable Housing
Harris Holdings I LLC	Atlanta, GA	Affordable Housing	$9,665	$2,164,871	Westside Affordable Housing
Westside Decatur Street Acquisitions Ll	Atlanta, GA	Affordable Housing	$2,965	$2,060,144	Westside Affordable Housing
Centennial Place Holdings LLC	Atlanta, GA	Affordable Housing	$0	$1,924,746	Westside Affordable Housing
Magnolia Perimeter	Atlanta, GA	Affordable Housing	$265,028	$1,887,430	Westside Affordable Housing
Pryor Road Corridor I LLC	Atlanta, GA	Affordable Housing	$23,254	$1,181,377	Westside Affordable Housing
180 Elm Street LLC	Atlanta, GA	Affordable Housing	$0	$1,175,231	Westside Affordable Housing
303 Oakland Avenue LLC	Atlanta, GA	Affordable Housing	$11,044	$843,185	Westside Affordable Housing
Pryor Road Corridor LLC	Atlanta, GA	Affordable Housing	$3,842	$653,584	Westside Affordable Housing
Westside Affordable Housing	Atlanta, GA	Affordable Housing	$0	$449,847	Westside Affordable Housing
Carver Leasing Facility LLC	Atlanta, GA	Affordable Housing	$0	$329,097	Westside Affordable Housing
Westside Pryor Courts LLC	Atlanta, GA	Affordable Housing	$8,658	$285,322	Westside Affordable Housing
Westside Joyland LLC	Atlanta, GA	Affordable Housing	$0	$95,001	Westside Affordable Housing
Herndon Westside Affordable	Atlanta, GA	Affordable Housing	$0	$0	Westside Affordable Housing

Transactions with Related Organizations

Organization	Type	Method	Amount
Centennial Park North Ii LLC	S	Book	$260,431

Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant: No
Annual disclosure for covered persons: Yes
Audit committee: Yes
Business relationship with 35% controlled entity: No
Business relationship with family members: No
Business relationship with organization members: No
Material changes to governing documents: No
Compensation from other sources disclosed: No
CEO compensation reviewed: No
Other officer compensation reviewed: No
Conflict-of-interest policy: Yes
Audited financial statements prepared: Yes
Key decisions subject to board approval: No
Management duties delegated: No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“The organization is not governed by committees.”

Form 990, Part VI, Section B, Line 11B

“The form 990 is being prepared by an outside accounting firm, reviewed by aha finance staff and approved by the aha chief financial officer.”

Form 990, Part VI, Section B, Line 12C

“All directors and officers of the organization are required to file an annual conflict of interest affadavit which is reviewed by aha's general council.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy, and financial statements are available upon request. The consolidated independent audited financial statements of aha, which include the organization as a component unit, are made available online at www.atlantahousing.org. All public or official business by the organization's governing board and aha are subject to and in compliance with georgia's open meetings act.”

Filing and Contact Details

Filer

Filer Name: Westside Affordable Housing Inc
EIN: 02-0567158
Phone: 4048924700
Address: 230 JOHN WESLEY DOBBS AVENUE, ATLANTA, GA 30303-2429

Signing Officer

Name: Fenice Taylor
Title: CFO
Phone: 4048924700
Signed: 2025-05-08
Discuss with paid preparer: Yes

Organization Details

Principal Officer: Fenice Taylor
Formed: 2001
Legal Domicile: Ga
Voting Board Members: 10
Independent Board Members: 5
Employees: 0
Volunteers: 5

Preparer

Firm: Cliftonlarsonallen Llp
Address: 420 SOUTH ORANGE AVENUE SUITE 900, ORLANDO, FL 32801
Preparer: Lacey M Quatsoe
Phone: 4078021200

Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Grounds maintenance: program service expenses 3,284. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,284.”

Raw XML AppendixShowing 400 of 802 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt	4	ASST SEC/DGC (1/24);SEC/GC (AT 2/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt	5	ASST SEC/DGC (AT 2/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt	6	TREASURER & CFO (AT 1/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt	7	BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt	8	BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt	9	BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt	10	BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt	11	BOARD MEMBER
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt	0	THE SUPPORTED ORGANIZATION, HOUSING AUTHORITY OF THE CITY OF ATLANTA, GEORGIA (DBA ATLANTA HOUSING AUTHORITY OR AHA), IS A GOVERNMENTAL ENTITY AND THUS IS NOT REQUIRED TO OBTAIN RECOGNITION OF ITS PUBLIC CHARITY STATUS.
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	2	DWAYNE VAUGHN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	3	KENNETH SADECKAS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	4	LISA WASHINGTON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	5	HEATHER ANCRUM
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