Northwest Iowa Housing Trust Fund Inc

Organization Overview

Northwest Iowa Housing Trust Fund Inc is located in Spencer, IA. The organization was established in 2010. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., 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. Northwest 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, Northwest Iowa Housing Trust Fund Inc generated $322.1k 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 (5.0%) each year. All expenses for the organization totaled $281.5k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PRESERVATION OF AFFORDABLE HOUSING FOR LOW TO MODERATE INCOME PERSONS RESIDING WITHIN THE REGION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED FORGIVABLE AND REPAYABLE LOANS TO LOW AND MODERATE INCOME PERSONS IN THE SIX COUNTY REGION THROUGH A GRANT FROM THE IOWA FINANCE AUTHORITY AND LOCAL CAPITAL.


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Board, Officers & Key Employees

Name (title)Compensation
Shirley Born
Director
$0
Pam Deboom
Director
$0
Tim Fairchild
Director
$0
Chad Geerdes
Director
$0
Dan Friedrichsen
Director
$0
Jerry Helmers
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $312,098
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$312,098
Total Program Service Revenue$0
Investment income $9,543
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 $322,091

Peer Organizations

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