Indiana Affordable Housing Council Inc
- Assets
- $457.4k
- Revenue
- $187.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Carmel, IN
- Founding
- 08/2013
- Data as of
- 12/2022
- EIN
- 45-5430260
Organization Overview
Indiana Affordable Housing Council Inc is located in Carmel, IN. The organization was established in 2013. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana Affordable Housing Council Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Indiana Affordable Housing Council Inc generated $187.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $157.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Indiana Affordable Housing Council Inc has awarded 11 individual grants totaling $105,500. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE PRESERVATION AND EXPANSION OF AFFORDABLE HOUSING IN INDIANA, AND TO PROMOTE AND SERVE THE INTERESTS OF PERSONS ACTIVELY INVOLVED IN AFFORDABLE HOSUING IN INDIANA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES A COLLECTIVE VOICE FOR THE AFFORDABLE HOUSING INDUSTRY WITHIN INDIANA. COMMUNICATING WITH ITS MEMBERSHIP REGARDING LEGISLATIVE AND ADMINISTRATIVE MATTERS ON THE LOCAL, STATE AND FEDERAL LEVEL AS WELL AS OTHER MATTERS AFFECTING THE AFFORDABLE HOUSING INDUSTRY. THE ORGANIZATION HOSTS AN ANNUAL AFFORDABLE HOUSING CONFERENCE, WHICH FOCUSES ON CURRENT ISSUES AND LEGISLATION AFFECTING THE INDUSTRY. THE CONFERENCE IS A DAY AND A HALF EVENT WITH ATTENDANCE IN 2022 SURPASSING 550 ATTENDEES. THE ORGANIZATION IS ALSO WORKING TO SUPPORT THE LEGISLATION FOR THE INDIANA AFFORDABLE AND WORKFORCE HOUSING TAX CREDIT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Broadnax Director | Trustee | 0.5 | $0 |
Erika Scott Director | Trustee | 0.5 | $0 |
Jennifer Green Director | Trustee | 0.5 | $0 |
Tom Crowe Director | Trustee | 0.5 | $0 |
Dawn Gallaway Director | Trustee | 0.5 | $0 |
Rhonda Shrewsbury-Weybright President Emeritus | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $18,500 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $18,500 |
| Total Program Service Revenue | $0 |
| Investment income | $5,671 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $163,737 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $187,908 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $52,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $51,600 |
| Fees for services: Legal | $4,451 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $40,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,049 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $689 |
| All other expenses | $7,293 |
| Total functional expenses | $157,582 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $457,405 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $457,405 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,500 |
| Total liabilities | $8,500 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $448,905 |
| Total liabilities and net assets/fund balances | $457,405 |
Grants Awarded
Over the last fiscal year, Indiana Affordable Housing Council Inc has awarded $30,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
FOSTER CARE IN THE US INC PURPOSE: TO ASSIST THE ORGANIZATION IN IMPROVING THE OUTCOMES OF HOMELESS FOSTER CARE YOUTH, AT-RISK YOUTH, AND YOUNG ADULTS | $10,000 |
KIDS IN CRISIS - INTERVENTION TEAM INC (DBA KIC-IT) PURPOSE: TO ASSIST IN PROVIDING HOMELESS, NEAR HOMELESS, AND UNACCOMPANIED YOUTH BETWEEN 16-25 WITH HOUSING, EMPLOYMENT, VOCATIONAL TRAINING, EDUCATION AND LIFE SKILLS SERVICES THAT ARE GOAL BASED AND HAVE MEASURE. | $10,000 |
YOUTH SERVICE BUREAU OF ST JOSEPH COUNTY INC PURPOSE: TO ASSIST IN EMPOWERING YOUTH AND FAMILIES TO RECOGNIZE THEIR STRENGTHS AND UNLIMITED POTENTIAL. ACTIVITIES INCLUDE STREET LEVEL OUTREACH, SHELTER, COUNSELING, AND CASE MANAGEMENT. | $10,000 |