Cause IQ organization profile

Foundation Communities

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

Foundation Communities is a housing development or management company based in Austin, TX that was founded in 1990. As of 2019 they had $18 million in revenue and $152 million in assets.

Providing attractive, affordable homes and support services for thousands of low-income families and individuals, empowering them with the tools they need to succeed.

Fiscal year end:
Revenue trends:
Asset trends:

Program areas at Foundation Communities

OPENING DOORS TO HOMESImprovement of overall community stability by providing affordable housing alternatives for low income residents.(3,361 housing units at 23 affordable housing communities in Austin, Dallas-Fort Worth) Strategically pursued new acquisitions, especially for families. Social work case managers provide individual case management to families at or below 30% Median Family Income(CHI program) to assist with issues that risk stability in the household - 143 CHI Units in 2018. Case management services provided for SRO communities(707 units) that house individuals including 50% that have previously been homeless. Property operating costs and revenues are reported at Group Affiliates Form 990 (Tax ID# 74-2678601)

LEARNING IN A COMMUNITY908 children took part in free after-school and summer learning center programs including pre-literacy, elementary and teen programs, with 99% of students being promoted to next grade level; 227 adults attended ESL classes. Adults are provided with onsite ESL, financial literacy, exercise and healthy living classes.

COMMUNITY ASSET BUILDING PROGRAMS - TAX CENTERS, INSURE CENTRAL TEXAS & FINANCIAL LITERACY PROGRAMS Community tax centers provided free income tax return preparation services for low-income taxpayers that received $34.4 million in tax refunds(more than 600 volunteers prepared more than 21,000 tax returns). 89 clients deposited to savings accounts with matching funds to be used for post-secondary education, home purchases or small business. More than 1,000 people completed money management classes or financial coaching, and 714 clients received assistance completing financial aid applications. 5,026 people were enrolled in health insurance, claiming $52.2 million Premium Tax Credits and subsidies. 314 residents received $228,450 in Emergency rent or utility assistance.

Form 990s for Foundation Communities

Fiscal year endingDate received by IRSFormPDF link
2018-12Oct 28, 2019990View PDF
2017-12Nov 15, 2018990View PDF
2016-12Oct 27, 2017990View PDF
2015-12Dec 15, 2016990View PDF
2014-12Sep 16, 2015990View PDF
...and six more Form 990 PDFs

Financials for Foundation Communities

Total grants, contributions, etc.$9,512,422
Program services$5,547,888
Investment income and dividends$3,061,528
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$24,513
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$18,146,351

Vendors for Foundation Communities

VendorServicesAmount paidDate
KimbiaFundraising software2020-04-23
█████████CRM software; Fundraising software2020-04-09
█████████Content management system software2020-04-09
██████ ███Insurance2019-12-31
██████ █████████ ███████Insurance2019-12-31
███ ███████ ████████ ████ █████████ ███████Insurance2019-12-31
███████ ██████████ ███████ ███Insurance2019-12-31
██████ ██████ ████ ██ ██████ ████Insurance2019-12-31
...and 13 more vendors

Personnel at Foundation Communities

NameTitleCompensationMost recent data
Ann CliftChief Financial Officer$151,688Sept. 23, 2020
Vicki McDonaldChief Real Estate Officer$157,477Sept. 23, 2020
██████ ██████Executive Director$239,508Sept. 23, 2020
█████ ██████ ████████Director of Individual Giving and Engagement-Sept. 23, 2020
█████ ███ ███████Director of Institutional Giving$105,800Sept. 23, 2020
█████ ███████Director of Human Resources-Sept. 23, 2020
█████ █████Director of Health Initiatives-Sept. 23, 2020
████████ ███████Director of Education-Sept. 23, 2020
█████ ████████Century Projects Director-Sept. 23, 2020
███████ ███████Director of Compliance-Sept. 23, 2020
...and 42 more key personnel

Peer housing development and management nonprofits

1Habitat for Humanity of the Chesapeake (HHC)501(c)(3)$10 millionBaltimore, MD
2Community Affordable Housing Equity Corporation (CAHEC)501(c)(3)$10 millionRaleigh, NC
3Catholic Housing Services of Wash501(c)(3)$24 millionSeattle, WA
4New Hope Services501(c)(3)$12 millionJeffersonville, IN
5Dallas Area Habitat for Humanity (DAHH)501(c)(3)$11 millionDallas, TX
6Austin Habitat for Humanity501(c)(3)$10 millionAustin, TX
7Habitat for Humanity of the Mississippi Gulf Coast (HFHMGC)501(c)(3)$4.7 millionGulfport, MS
8Housing Vermont501(c)(3)$5.3 millionBurlington, VT
9Habitat for Humanity - Metro Restoreshfhoc501(c)(3)$6.2 millionPontiac, MI
10Habitat for Humanity of Kent County501(c)(3)$10 millionGrand Rapids, MI
11Habitat for Humanity - Richmond Metropolitan HFH501(c)(3)$5.8 millionRichmond, VA
12Habitat for Humanity - Greater Des Moines HFH501(c)(3)$11 millionDes Moines, IA
13Habitat for Humanity - Our Town of North Mecklenberg-Irede501(c)(3)$7.3 millionDavidson, NC
14Habitat for Humanity - Philadelphia Inc HFH501(c)(3)$4.8 millionPhiladelphia, PA
15Boston Community Loan Fund501(c)(3)$15 millionBoston, MA
16Habitat for Humanity of Greater Los Angeles501(c)(3)$23 millionBellflower, CA
17BRIDGE Property Management Company501(c)(3)$6.7 millionSan Francisco, CA
18Habitat for Humanity Peninsula and Greater Williamsburg501(c)(3)$6.2 millionNewport News, VA
19Habitat for Humanity - Morris Habitat for Humanity501(c)(3)$5.5 millionRandolph, NJ
20Habitat for Humanity of Huron Valley501(c)(3)$8.0 millionAnn Arbor, MI
21Habitat for Humanity of Metro Denver501(c)(3)$24 millionDenver, CO
22Pensacola Habitat for Humanity501(c)(3)$4.9 millionPensacola, FL
23Habitat for Humanity of Metro Louisville501(c)(3)$5.9 millionLouisville, KY
24Pikes Peak Habitat for Humanity501(c)(3)$4.6 millionColorado Springs, CO
25Habitat for Humanity - Northern Fox Valley HFH of501(c)(3)$5.1 millionElgin, IL