East Central Iowa Housing Trust Fund

Organization Overview

East Central Iowa Housing Trust Fund is located in Cedar Rapids, IA. The organization was established in 2011. According to its NTEE Classification (L82) the organization is classified as: Housing Expense Reduction 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. East Central Iowa 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 06/2022, East Central Iowa Housing Trust Fund generated $346.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $361.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, East Central Iowa Housing Trust Fund has awarded 65 individual grants totaling $2,077,568. 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

DEDICATED TO IMPROVING QUALITY OF LIFE BY OFFERING INNOVATIVE AND FLEXIBLE FUNDING IN ORDER TO EXPAND AFFORDABLE HOUSING OPPORTUNITIES WITHIN BENTON, IOWA, JONES AND WASHINGTON COUNTIES IN IOWA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AFFORDABLE HOUSING PROGRAM - GRANT FUNDS AND CONTRIBUTIONS WERE RECEIVED TO MAKE GRANTS TO ORGANIZATIONS, BUSINESSES AND INDIVIDUALS FOR REHABILITATION OF AFFORDABLE HOUSING AND OTHER ASSISTANCE RELATING TO AFFORDABLE HOUSING FOR LOW AND VERY-LOW INCOME INDIVIDUALS.


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Board, Officers & Key Employees

Name (title)Compensation
Mary Audia
Director
$0
Adam Krebill
Director
$0
Derek Lumsden
Director
$0
Vicki Pope
Director
$0
Tracy Seeman
Director
$0
Kathleen Van Steenhuyse
Secretary/tr
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $308,474
All other contributions, gifts, grants, and similar amounts not included above$27,558
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$336,032
Total Program Service Revenue$0
Investment income $10,531
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 $346,563

Grants Awarded

Over the last fiscal year, East Central Iowa Housing Trust Fund has awarded $101,305 in support to 5 organizations.

Grant RecipientAmount

CITY OF WASHINGTON

PURPOSE: HOUSING REHABILITATI

$42,570

MARENGO HOUSING CORPORATION

PURPOSE: RENTAL REHABILITATIO

$6,198

EAST CENTRAL IOWA COUNCIL OF GOVTS

PURPOSE: CONSTRUCTION MGMT

$21,339

IOWA VALLEY HABITAT FOR HUMANITY

PURPOSE: HOME REHABILITATION

$6,198

CEDAR VALLEY BANK & TRUST

PURPOSE: DOWN PMT ASSISTANCE

$25,000
View Grant Profile

Peer Organizations

Organization NameAssets
Energy Services Inc
Fitchburg, WI
$30,546,923
Walker Assisted Living Corp I
Minnetonka, MN
$6,669,505
Bickerdike Redevelopment Corporation
Chicago, IL
$12,182,359
Project Home Inc
Madison, WI
$4,724,917
Neighborhood Lending Services Inc
Chicago, IL
$2,840,462
Wisconsin Native Loan Fund Inc
Lac Du Flambeau, WI
$2,400,832
Mazaska Owecaso Otipi Financial Inc
Pine Ridge, SD
$2,359,572
Energy Assistance Foundation
Decatur, IL
$1,048,666
Steele County Transitional Housing Inc
Owatonna, MN
$464,211
East Central Iowa Housing Trust Fund
Cedar Rapids, IA
$346,563
Two Rivers Council Foundation
Quincy, IL
$402,532
Webster Supportive Housing Inc
St Paul, MN
$225,393
Chariton Valley Regional Housing Trust Fund Inc
Centerville, IA
$227,614
Marquette Bank Affordable Housing Foundation
Chicago, IL
$359,141
Neighborhood Housing Services Of Davenport Inc
Davenport, IA
$153,768
Asi Chandler Inc
St Paul, MN
$182,486
East Edina Housing Foundation
Edina, MN
$3,931,596
Jubilee Ministries Inc
Peoria, IL
$189,661
Rapid City Supportive Housing Inc
St Paul, MN
$118,091
Asi Missoula Inc
St Paul, MN
$83,499
Community For Christ Outreach Center Inc
Sunrise Beach, MO
$0
Door County Secret Santa
Ellison Bay, WI
$56,269
Realtors Housing Assistance Fund Of Real Estate Board Of Met St Louis
St Louis, MO
$0
Eva Mision
Green Bay, WI
$0
Workforce Housing Lending Corporation
Sturgeon Bay, WI
$0

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