BLUEGRASS AFFORDABLE HOUSING ASSOCIATION

LEXINGTON, KY | Fayette County
Affordable Housing

Overview

BLUEGRASS AFFORDABLE HOUSING ASSOCIATION
61-1319045
1450 N BROADWAY
LEXINGTON, KY 40505
Fayette County
edit

edit
Nonprofit's website edit
  • Nonprofit's social media links
  • edit
Mission Statement edit info

This nonprofit has not reported a mission statement.

CRA Category info
  • Affordable Housing
Nonprofit location info
  • LMI Census Tract
  • Majority Minority Census Tract
  • Opportunity Zone
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Founded edit info
Not reported
Total Employees edit info
Not reported
Total Volunteers edit info
Not reported
Nonprofit Classification (NTEE Code) info
L80

L - Housing, Shelter

Housing Support

Organizations that provide supportive services which help people obtain and remain in suitable housing. Use this code for organizations that provide multiple supportive services or for supportive services specified below.

IRS Activity Codes info
994
Uncoded
380
Low-income housing
-
Not reported
Standard Business Classification (NAICS Code) info
624229
Other Community Housing Services

CRA Alignment

CRA Category info
Affordable Housing
Creation, rehabilitation, operation or preservation of affordable housing.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$5.9K
Revenue
$5.9K
Assets
$571.1K
Exempt Ruling Date info
1998-07
Deductibility Status info
Deductible
Last Tax Filing info
2020
Organization Type info
Corporation
Organization Tax Filing Status info
990 - Required to file Form 990-N - Income less than $25,000 per year
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
KY
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)

Nonprofit Location

Physical Address info
1450 N BROADWAY
LEXINGTON, KY 40505
Fayette County
FIPS Geocoded Address info
30460
MSA/CBSA info
21
State info
067
County info
0013.00
Tract info
Low
Income Level info
Core-Based Statistical Area info
Lexington-Fayette, KY
Combined Statistical Area info
Lexington-Fayette--Richmond--Frankfort, KY
Metropolitan Division info
Not located in an MD.
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 60.81%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info

Market Data

Census Tract County
0013.00 Fayette County
Population
Total Population 2,332 320,601
Total Households 852 129,784
Income
Median Family Income (Census*) $21,988 $57,291
Median Family Income (2019 FFIEC) $74,500 N/A
Tract Income Percentage 32.91% N/A
Below Poverty Level 40.2% 16.8%
Unemployment Level 12.8% 5.1%
Housing
Total Housing Units 948 141,653
Total Owner-Occupied Units 31.3% 54.4%
Total Renter-Occupied Units 58.5% 45.6%
Total Vacant Units 10.1% 6.1%
* Census tract income based on 2019 Census estimated data; County income based on 2019 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

3
Total Voting Members
in Governing Body
info
3
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Kevin R Smith
Treasurer
(859) 231-0054
Principal Officer info
Kevin R Smith
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.