Overview
What is Housing Trust Fund Of Johnson County?
Housing Trust Fund of Johnson County is a nonprofit organization headquartered in Iowa City, Iowa. Its primary mission is to expand and strengthen efforts to address the housing, shelter, and service needs of low-income residents in Johnson County. To achieve this, the organization provides financial assistance for housing rehabilitation, construction, and other related services. During the year, they distributed a grant of $88,850 and offered loans totaling $2,334,869 to various organizations. Additionally, they paid out $165,944 to ten organizations for their housing assistance services. The organization's activities are instrumental in addressing the housing needs of the less fortunate in their community.
Official website here: www.htfjc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Housing Trust Fund of Johnson County has earned a commendable Four-Star rating from Charity Navigator, reflecting a strong accountability and financial health rating of 96%. This high score indicates that the organization demonstrates a commitment to transparency and responsible management of its resources, which is crucial for gaining donor trust and sustaining operations.
The nonprofit boasts a fully independent board of directors, which enhances governance practices and decision-making processes. Its financial statements are subject to rigorous oversight, and it has implemented crucial policies, such as conflict of interest and whistleblower protections, ensuring ethical conduct and accountability in its operations.
While the organization shows excellent performance in managing its finances, with a program expense ratio of 89.38%, indicating that the majority of funds are directed toward its mission, continuous efforts in these areas will be important to maintain this high standard and further enhance its impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Housing Trust Fund Of Johnson County legitimate?
Housing Trust Fund Of Johnson County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Trust Fund Of Johnson County submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $71,820
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.htfjc.org
What is the mission statement of Housing Trust Fund Of Johnson County?
The Housing Trust Fund of Johnson County is established with the primary objective of enhancing and strengthening efforts to address the housing, shelter, and service needs of low-income residents. Its mission is centered around expanding resources and support, aiming to alleviate housing-related challenges faced by this demographic. The organization provides financial aid through grants, loans, and payments to various organizations and businesses for housing assistance, rehabilitation, and construction projects. This initiative aims to improve living conditions for low and very-low income households in Johnson County, Iowa.
Official website here: www.htfjc.org
Who is the CEO of Housing Trust Fund Of Johnson County?
Ellen Habel is the President of Housing Trust Fund Of Johnson County.
Official website here: www.htfjc.org
What is the revenue of Housing Trust Fund Of Johnson County?
Housing Trust Fund Of Johnson County's revenue in 2022 was $1,587,471.
Official website here: www.htfjc.org
Who are the executives of Housing Trust Fund Of Johnson County and what are their salaries?
The average compensation at Housing Trust Fund Of Johnson County during 2022 was $71,820. There is 1 employee and 20 volunteers at Housing Trust Fund Of Johnson County.
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Official website here: www.htfjc.org
Where can I find the form 990 for Housing Trust Fund Of Johnson County?
Housing Trust Fund Of Johnson County's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.htfjc.org
Learn more at the official website: www.htfjc.org
Mission Statement of Housing Trust Fund Of Johnson County
The Housing Trust Fund of Johnson County is a nonprofit organization with a mission to expand and strengthen efforts aimed at addressing the housing, shelter, and service needs of low-income residents in the county. This mission is accomplished through providing funds for housing assistance, rehabilitation, and construction projects for low and very-low income households. During a particular year, one organization received a grant of $88,850, while four organizations were granted loans totaling $2,334,869. Furthermore, ten organizations or businesses were remunerated a combined total of $165,944 for offering housing assistance, rehabilitation, and construction services.
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Impact
July, 2024
The Housing Trust Fund Of Johnson County directly impacts the community by expanding and strengthening efforts to address the housing, shelter, and service needs of low-income residents in Johnson County, Iowa. Through housing assistance, rehabilitation, and construction programs, the organization provides crucial support to low and very-low income households. In a recent period, one organization received a substantial grant, four organizations received loans, and ten organizations/businesses were compensated for providing housing-related services. Overall, the Trust Fund's initiatives contribute significantly to improving housing conditions and addressing the housing challenges faced by low-income individuals and families in the region.
This information is meant to be a general summary of Housing Trust Fund Of Johnson County. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $20,912
- Program Service Revenue: $40,239
- Gross Receipts: $1,587,471
Assets and Liabilities:
- Total Assets: $10,162,907
- Total Liabilities: $9,106
- Net Assets: $10,153,801
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON HOUSING LOANS
Revenue
$40,239
Organization Details
Founding Year
2002
Phone
(319) 358-0212Principal Officer
Ellen Habel
Main Address
26 EAST MARKET STREET 123, IOWA CITY, IA, 52240
Website
www.htfjc.orgNTEE Category
Code: L80 - Housing
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