Ainsworth Community Housing Inc
- Assets
- $439.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wayland, IA
- Founding
- 02/1981
- Data as of
- 12/2021
- EIN
- 42-1138557
Organization Overview
Ainsworth Community Housing Inc is located in Wayland, IA. The organization was established in 1981. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ainsworth Community Housing Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Ainsworth Community Housing Inc generated $60.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $57.2k during the year ending 12/2021. While expenses have increased by 1.6% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES 16 APARTMENTS TO LOW TO MODERATE INCOME ELDERLY AND DISABLED INDIVIDUALS ON A SLIDING FEE SCALE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Bean President | 4 | $0 | |
Dana Anding Director | 2 | $0 | |
Patty Elliot Treasurer | 2 | $0 | |
Carson Bean Director | 2 | $0 | |
Erin Kaufman Secretary | 2 | $0 | |
Jeff Freyenberger Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,490 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $247 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $60,737 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $57,233 |
| Total expenses | $57,233 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $145,147 |
| Other assets | $0 |
| Total assets | $438,971 |
| Total liabilities | $450,137 |
| Net assets or fund balances | -$11,166 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Home And Community Options Inc Winona, MN | $11,542,509 | $9,788,629 |
Phm New Richmond Senior Housing Inc Roseville, MN | $18,158,628 | $8,376,438 |
Habitat For Humanity Of Kansas City Kansas City, MO | $24,127,378 | $10,262,500 |
Lake View Towers Residents Association Inc Chicago, IL | $58,558,713 | $9,007,735 |
Greater Minnesota Housing Fund St Paul, MN | $209,115,546 | $19,170,053 |
American Indian Community Development Corporation Minneapolis, MN | $37,892,319 | $10,832,403 |
Habitat For Humanity International Inc Madison, WI | $16,210,690 | $8,401,610 |
Phw Menomonee Falls Inc Roseville, MN | $45,125,918 | $7,810,658 |
24 1 Community Land Trust Pine Lawn, MO | $28,090,880 | $9,459,445 |
Habitat For Humanity International Inc Menasha, WI | $15,348,102 | $7,467,447 |
Westside Health Authority Chicago, IL | $12,986,487 | $7,436,512 |
Community Housing Advocacy And Development Wheaton, IL | $43,551,754 | $7,307,138 |