Mid-Iowa Housing Corporation

Organization Overview

Mid-Iowa Housing Corporation is located in West Des Moines, IA. The organization was established in 1994. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, 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. Mid-Iowa Housing Corporation 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 09/2024, Mid-Iowa Housing Corporation generated $428.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $384.4k during the year ending 09/2024. While expenses have increased by 5.3% per year over the past 6 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

2024

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE HOUSING SERVICES TO AREA RESIDENTS IN ORDER TO ENHANCE THE WELL-BEING OF INDIVIDUALS, FAMILIES, AND COMMUNITIES IN TAMA COUNTY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED RENTAL HOUSING AND RELATED FACILITIES TO ELIGIBLE OCCUPANTS (ELDERLY, HANDICAPPED, OR DISABLED AND LOW INCOME) AS DETERMINED BY THE U.S. DEPARTMENT OF AGRICULTURE'S RURAL DEVELOPMENT REGULATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Joanne Husak
Vice President
$0
Katherine Ollendieck
Secretary
$0
Tammy Wise
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $277,110
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$277,110
Total Program Service Revenue$150,966
Investment income $700
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 $428,776

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