Southwestern Idaho Cooperative Housing Authority
- Assets
- $0.0
- Revenue
- $7.0m
- Investments
- $0.0
- Employees
- 44
- Location
- Middleton, ID
- Founding
- Data as of
- 06/2016
- EIN
- 82-0326794
Organization Overview
Southwestern Idaho Cooperative Housing Authority is located in Middleton, ID. As of 06/2016, Southwestern Idaho Cooperative Housing Authority employed 44 individuals. Southwestern Idaho Cooperative Housing Authority is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
SICHA'S MISSION IS TO PROVIDE STABILITY TO FAMILIES AND INDIVIDUALS IN OUR COMMUNITIES THROUGH THE PROVISION OF SAFE, AND SANITARY AFFORDABLE HOUSING, FREE FROM DISCRIMINATION. WE ENCOURAGE INDEPENDENCE BY EMPOWERING FAMILIES AND INDIVIDUALS THROUGH OUR FAMILY SELF SUFFICIENCY AND HOME OWNERSHIP PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSING CHOICE VOUCHER RENTAL ASSISTANCE - THE HCV PROGRAM IS FEDERALLY FUNDED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. THIS PROGRAM PROVIDES RENTAL ASSISTANCE FOR LOW INCOME INDIVIDUALS, DISABLED INDIVIDUALS, AND FAMILIES. THE RENT ASSISTANCE IS BASED ON THE FAMILY'S INCOME; THE RENT PAYMENTS ARE SENT DIRECTLY TO THE LANDLORDS AS PER THE AGREEMENT BETWEEN THE HOUSING AUTHORITY AND THE LANDLORDS. FAMILIES ARE REQUIRED TO REPORT ANY FLUCTUATIONS IN INCOME; THIS ALLOWS THE HOUSING AUTHORITY TO ADJUST RENTS ACCORDINGLY. FAMILIES WITH ZERO INCOME RECEIVE ASSISTANCE FOR THEIR UTILITY PAYMENTS. FOR THE FISCAL YEAR 2012, THE HCV PROGRAM ASSISTED AN AVERAGE OF 867 FAMILIES AND INDIVIDUALS.
PIH FAMILY SELF SUFFICIENCY PROGRAM IS A PROGRAM DESIGNED TO ASSIT FAMILIES BY BINDING THEM TO A FIVE YEAR CONTRACT. THE FIVE YEAR CONTRACT ENABLES THEM TO PROACTIVELY ACHIEVE A FIVE YEAR GOAL PLAN ENABLING THEM TO BECOME SELF SUFFICIENT.
LOW RENT PUBLIC HOUSING PROGRAM - THE LOW RENT PUBLIC HOUSING PROGRAM IS SUBSIDIZED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. THIS PROGRAM PROVIDES HOUSING TO LOW INCOME FAMILIES AND DISABLED INDIVIDUALS. THE HOUSING UNITS ARE OWNED AND MAINTAINED BY THE PROGRAM FUNDS. TENANT RENT IS BASED ON THE FAMILY'S INCOME AND RENTS ARE ADJUSTED ACCORDING TO INCOME FLUCTUATIONS. FOR THE FISCAL YEAR 2012, THE LOW RENT PUBLIC HOUSING PROGRAM ASSISTED AN AVERAGE OF 41 FAMILIES.
RURAL DEVELOPMENT PROGRAM - THE RURAL DEVELOPMENT PROGRAM IS SUBSIDIZED BY THE USDA RURAL DEVELOPMENT DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. THIS PROGRAM PROVIDES HOUSING TO LOW INCOME SENIOR CITIZENS, DISABLED INDIVIDUALS, AS WELL AS FAMILIES. IT OWNS 184 UNITS WITHIN SEVERAL COUNTIES IN SOUTHWESTERN IDAHO. TENANT RENT IS BASED ON INCOME AND ADJUSTED FOR INCOME FLUCTUATIONS. THE UNITS ARE OWNED MAINTAINED BY THE HOUSING AUTHORITY. FOR THE FISCAL YEAR 2012, THE RURAL DEVELOPMENT PROGRAM ASSISTED AN AVERAGE OF 184 FAMILIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frosty Chuba Vice Chair Person | Officer | 1 | $0 |
Elee Coulter Commissioner | Officer | 1 | $0 |
Jessica Gasiorowski Commissioner | Officer | 1 | $0 |
Joy Husmann Commissioner | Officer | 1 | $0 |
Becky Cross Commissioner | Officer | 1 | $0 |
Joseph Rowan Commissioner | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,600,234 |
| All other contributions, gifts, grants, and similar amounts not included above | $555,058 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,155,292 |
| Total Program Service Revenue | $0 |
| Investment income | $2,518 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$143,217 |
| 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 | $7,014,593 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,981,786 |
| 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. | $77,147 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $541,009 |
| Pension plan accruals and contributions | $37,089 |
| Other employee benefits | $85,399 |
| Payroll taxes | $53,470 |
| Fees for services: Management | $351,966 |
| Fees for services: Legal | $2,347 |
| Fees for services: Accounting | $18,270 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $51 |
| Office expenses | $451,743 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $20,974 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $169,001 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $268,208 |
| Insurance | $49,299 |
| All other expenses | $0 |
| Total functional expenses | $7,107,759 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |