Southern Iowa Cog Housing Trust Fund is located in Creston, IA. The organization was established in 2006. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern Iowa Cog Housing Trust Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Southern Iowa Cog Housing Trust Fund generated $341.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $329.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Southern Iowa Cog Housing Trust Fund has awarded 59 individual grants totaling $2,065,513. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SAFE AND AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE YEAR WE PROVIDED GRANTS TO INDIVIDUALS AND ORGANIZATIONS IN ORDER TO PROVIDE SAFE AND AFFORDABLE HOUSING FOR THE RESIDENTS OF THE EIGHT COUNTY REGION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jerry Walker Chair | OfficerTrustee | 1 | $0 |
Ron Riley Treasurer | OfficerTrustee | 1 | $0 |
Karen Zabel Secretary | OfficerTrustee | 1 | $0 |
Diane Fitch Vice Chair | OfficerTrustee | 1 | $0 |
Timothy Ostroski Executive Director | Trustee | 2 | $0 |
Helen Kimes Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $222,030 |
All other contributions, gifts, grants, and similar amounts not included above | $102,366 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $324,396 |
Total Program Service Revenue | $14,436 |
Investment income | $1,306 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $341,264 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $257,691 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $22,948 |
Fees for services: Legal | $7 |
Fees for services: Accounting | $3,995 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,105 |
All other expenses | $0 |
Total functional expenses | $329,359 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $770,295 |
Pledges and grants receivable | $111,038 |
Accounts receivable, net | $3,758 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $630,972 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,516,063 |
Accounts payable and accrued expenses | $42,973 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $42,973 |
Net assets without donor restrictions | $1,473,090 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,516,063 |
Over the last fiscal year, Southern Iowa Cog Housing Trust Fund has awarded $250,613 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
Creston, IA PURPOSE: CONSTRUCT NEW HOUSES FOR ELIGIBLE INDIVIDUALS | $82,442 |
Creston, IA PURPOSE: RENOVATIONS - ELECTRICAL UPGRADES | $62,540 |
Chariton, IA PURPOSE: WEATHERIZATION OF HOMES | $62,500 |
Council Bluffs, IA PURPOSE: WEATHERIZATION OF HOMES | $24,443 |
Stuart, IA PURPOSE: RENOVATIONS - BATHROOM UPGRADES | $18,688 |
Organization Name | Assets | Revenue |
---|---|---|
All Chicago Making Homelessness History Chicago, IL | $31,255,730 | $72,080,478 |
Western Home Services Inc Cedar Falls, IA | $172,352,897 | $41,691,659 |
Ozark Tri-County Health Care Consortium Neosho, MO | $16,683,948 | $25,504,215 |
Holland Foundation Omaha, NE | $123,768,571 | $4,108,665 |
Community Contacts Inc Elgin, IL | $3,819,582 | $12,869,082 |
Institute For Community Alliances Des Moines, IA | $2,443,302 | $12,133,028 |
Western Home Services Inc Cedar Falls, IA | $36,931,248 | $9,460,886 |
Chicago Metropolitan Housing Development Corporation Chicago, IL | $46,092,100 | $7,394,940 |
Partners For Community Development Inc Sheboygan, WI | $8,253,882 | $7,968,342 |
West Chicago Preservation Corp Chicago, IL | $9,151,204 | $2,715,959 |
Justine Petersen Housing And Reinvestment Corporation Saint Louis, MO | $49,338,747 | $7,649,655 |
Bridge Communities Inc Glen Ellyn, IL | $16,127,143 | $5,545,489 |