Affordable Housing Corporation Of Marion Indiana

Organization Overview

Affordable Housing Corporation Of Marion Indiana is located in Marion, IN. The organization was established in 1996. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Affordable Housing Corporation Of Marion Indiana employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Affordable Housing Corporation Of Marion Indiana 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, Affordable Housing Corporation Of Marion Indiana generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $1.7m during the year ending 06/2022. While expenses have increased by 7.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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

TO PROVIDE HOUSING, COMMUNITY AND ECONOMIC DEVELOPMENT PROJECTS AND SOCIAL SERVICES THAT BENEFIT LOW AND MODERATE INCOME PERSONS. TO PROVIDE SERVICES TO BENEFICIARIES THROUGH ITS HOUSING COUNSELING PROGRAM, DOWN PAYMENT ASSISTANCE PROGRAM, MATCHED SAVINGS ACCOUNT PROGRAM, SMALL BUSINESS SUPPORT PROGRAM, RENTAL HOUSING, AND HOUSING DEVELOPMENT/REHAB PROGRAM. ALSO TO SERVE AS THE SPONSOR/DEVELOPER/ADMINISTRATOR/CONSULTANT FOR NUMEROUS COMMUNITY DEVELOPMENT PROJECTS OWNED/OPERATED BY OTHER NONPROFIT ENTITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE ASSISTANCE TO LOW INCOME FAMILIES TO OBTAIN AFFORDABLE HOUSING IN THE GRANT COUNTY COMMUNITY TO DEVELOP PROJECTS AND PROVIDE COUNSELING TO ACHIEVE AFFORDABLE HOUSING.


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Board, Officers & Key Employees

Name (title)Compensation
Jacquelyn Dodyk
Executive Di
$53,830
Janet Barnett
President
$0
Charles Herriman
V-President
$0
Elizabeth Kachel
Treasurer
$0
Tashima Nicole Johnson
Director
$0
Kayla Johnson
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $430,519
All other contributions, gifts, grants, and similar amounts not included above$29
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$430,548
Total Program Service Revenue$1,249,381
Investment income $40,518
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$2,241
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,718,206

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Affordable Housing Corporation Of Marion Indiana has recieved totaling $29.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$29
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$5,008

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