Foresight Affordable Housing Inc
Donations deductibleForesight Affordable Housing Inc's network
8 people5 organisationsi8 people and 5 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (8). Violet dotted lines (9) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
8 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 7 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Donald Reape | President (Thru 11/30/24) | 2018 | 8 yrs |
| Dr Bruce Johnson | President (VP & Assistant Secretary Thru 12/11/24) | 2018 | 8 yrs |
| E James Henderson | VP & Assistant Secretary (Secretary & Treasurer Thru 12/11/24) | 2018 | 8 yrs |
| Gerald F Schwam | Trustee | 2018 | 8 yrs |
| Janvier L Osborne | Trustee | 2023 | 3 yrs |
| Lynda Barness | Trustee | 2018 | 8 yrs |
| Michael Byrnes | Secretary/Treasurer (As of 12/11/24) | 2019 | 7 yrs |
| Neisa Caraballo | Trustee | 2018 | 8 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
3 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Martin Whalen | Vice President of Development | since 2022 |
| Nelson L Morgan III | Vice President | since 2018 |
| Shonte' Espinal | VP of Asset Operations | since 2022 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Nelson L Morgan III | Executive Vice President | 40 | $288k | $55k | |
| Martin Whalen | Vice President of Development | 40 | $189k | $47k | |
| Shonte' Espinal | VP of Asset Operations | 40 | $173k | $31k | |
| Donald Reape | President (Thru 11/30/24) | 20 | $105k | $11k | |
| Dr Bruce Johnson | President (VP & Assistant Secretary Thru 12/11/24) | 20 | $36k | $16k | |
| E James Henderson | VP & Assistant Secretary (Secretary & Treasurer Thru 12/11/24) | 10 | $20k | ||
| Michael Byrnes | Secretary/Treasurer (As of 12/11/24) | 5 | $4k | ||
| Gerald F Schwam | Trustee | 1 | $4k | ||
| Janvier L Osborne | Trustee | 1 | $4k | ||
| Lynda Barness | Trustee | 1 | $4k | ||
| Neisa Caraballo | Trustee | 1 | $4k |
About
- Legal name
- Foresight Affordable Housing Inc
- EIN
- 521979028
- Address
- 2900 Fire Rd, Egg Harbor Township, NJ, 08234-4075
- State
- New Jersey
- Mission
- Foresight affordable housing, inc. Was created to provide quality affordable housing to low income individuals and families. (as filed on the Form 990)
- Activity (NTEE)
- L21 Housing and shelter
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Housing & Shelter
- Size band
- 9 (IRS master file code)
- Formed
- 1996
- IRS ruling date
- 1 October 1996
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥8years on the filingsDonald Reape
≥8years on the filingsDr Bruce Johnson
≥8years on the filingsE James Henderson
≥8years on the filingsGerald F Schwam
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $243.6m
- Total liabilities
- $240.6m
- Net assets or fund balances
- $3m
- Contributions and grants received
- $278k
- Program service revenue
- $23.6m
- Grants and similar paid out
- $13k
- Employees
- 11
- Volunteers
- 4
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $25.4m | $39.5m | Deficit $14.2m |
As filed on the IRS Form 990. US dollars.
Grants paid
1 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| The Michaels Org Educational Found | General support | $12k |