Southwest Iowa Housing Trust Fund Inc

Organization Overview

Southwest Iowa Housing Trust Fund Inc is located in Atlantic, IA. The organization was established in 2007. According to its NTEE Classification (L12) the organization is classified as: Fund Raising & Fund Distribution, 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. Southwest Iowa Housing Trust Fund Inc 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 06/2022, Southwest Iowa Housing Trust Fund Inc generated $246.8k 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 (9.5%) each year. All expenses for the organization totaled $206.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (13.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Southwest Iowa Housing Trust Fund Inc has awarded 26 individual grants totaling $291,605. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE SAFE, AFFORDABLE HOUSING AND EXPAND HOUSING OPPORTUNITIES IN THE EIGHT COUNTY REGION

Describe the Organization's Program Activity:

Part 3 - Line 4a

IFA DEMOLITION PROVIDES FUNDS TO ASSIST CITIES IN REMOVING BLIGHTED HOMES AND CLEANING UP THEIR CITY.


IFA HOME OWNERSHIP ASSISTANCE PROVIDES FUNDS TO ASSIST LOW INCOME RESIDENTS IN MAKING A DOWN PAYMENT ON A HOME.


IFA REPAIR ASSISTANCE PROVIDES ASSISTANCE FOR REPAIRING HOMES TO PROVIDE A SAFER AND MORE AFFORDABLE HOUSE FOR LOW INCOME RESIDENTS.


OTHER AWARDS TO HELP PROVIDE ASSISTANCE FOR LOW INCOME FAMILIES TO MAKE THEIR HOMES SAFER AND MORE AFFORDABLE.


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Board, Officers & Key Employees

Name (title)Compensation
Brad Wright
Chair
$0
Stephanie Bowden
Secretary/treasurer
$0
Mike Wells
Vice Chair
$0
John Mccurdy
Executive Director
$0
Trent Svendsen
Member
$0
Kelly Mahlberg
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $49,878
All other contributions, gifts, grants, and similar amounts not included above$196,881
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$246,759
Total Program Service Revenue$0
Investment income $0
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 $246,759

Grants Awarded

Over the last fiscal year, Southwest Iowa Housing Trust Fund Inc has awarded $20,928 in support to 3 organizations.

Grant RecipientAmount

CITY OF EMERSON

PURPOSE: DEMOLITION OF BLIGHTED PROPERTY

$7,592

CITY OF VILLISCA

PURPOSE: DEMOLITION OF BLIGHTED PROPERTY

$7,111

CITY OF ATLANTIC

PURPOSE: DEMOLITION OF BLIGHTED PROPERTY

$6,225
View Grant Profile

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