Logansport Interfaith Housing Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 351271736 ✦ Logansport, IN ✦ Designated as a 501(c)(4)

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Overview

What is Logansport Interfaith Housing Corp?

Logansport Interfaith Housing Corp is a nonprofit organization established in Indiana, with a mission to construct, own, and manage a 102-unit apartment complex named Pincrest Manor in Logansport, Indiana. The organization operates under Section 236 of the National Housing Act and has regulatory agreements with the Federal Housing Administration (FHA). Additionally, it has entered into a Housing Assistance Payment Contract (HAP) with HUD, which is a rent assistance program for low-income families or individuals, as per Section 8 of the National Housing Act. The nonprofit's primary function is to provide affordable housing options to those in need.

Is Logansport Interfaith Housing Corp legitimate?

Logansport Interfaith Housing Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Logansport Interfaith Housing Corp 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Logansport Interfaith Housing Corp?

Logansport Interfaith Housing Corp, as a not-for-profit organization, was established with the purpose of constructing, owning, and managing a 102-unit apartment complex. This complex, known as Pincrest Manor, is located in Logansport, Indiana. The organization was established under Section 236 of the National Housing Act. It has entered into regulatory agreements with the Federal Housing Administration (FHA) and a Housing Assistance Payment (HAP) contract with HUD, which provides rent assistance for low-income families or individuals, as per Section 8 of the National Housing Act. The mission of Logansport Interfaith Housing Corp is primarily focused on providing affordable housing solutions for individuals in need.

Who is the CEO of Logansport Interfaith Housing Corp?

Howard Lhamon is the President of Logansport Interfaith Housing Corp.

What is the revenue of Logansport Interfaith Housing Corp?

Logansport Interfaith Housing Corp's revenue in 2022 was $829,225.

Who are the executives of Logansport Interfaith Housing Corp and what are their salaries?

There 7 volunteers at Logansport Interfaith Housing Corp.


Here are 7 key members and their salaries:


Howard Lhamon (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Mechling (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenny Grandstaff (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Richards (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Shafer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dick Farris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Logansport Interfaith Housing Corp?

Logansport Interfaith Housing Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Logansport Interfaith Housing Corp

Logansport Interfaith Housing Corp, a not-for-profit organization, was established with a mission to construct, own, and operate a 102-unit apartment complex known as Pincrest Manor. This mission is in line with Section 236 of the National Housing Act, which the organization adheres to. The corporation has entered into regulatory agreements with the Federal Housing Administration (FHA) and has a Housing Assistance Payment Contract (HAP) with HUD, both of which are part of Section 8 of the National Housing Act. These contracts provide rental assistance for low-income families or individuals. In essence, Logansport Interfaith Housing Corp's mission is to provide affordable housing and rental assistance to those in need, contributing to the overall well-being of its community.

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Impact




October, 2024

Logansport Interfaith Housing Corp plays a crucial role in supporting the community by providing affordable housing through the operation of Pinecrest Manor, a 102-unit apartment complex in Logansport, Indiana. This initiative addresses the urgent need for accessible living arrangements for low-income families and individuals, ensuring that vulnerable populations have a stable place to call home.

Through its partnership with the U.S. Department of Housing and Urban Development (HUD), Logansport Interfaith Housing Corp has implemented a Housing Assistance Payment (HAP) contract, which significantly alleviates housing costs for many residents. This rent assistance program is essential for families or persons struggling to meet their basic housing needs under the provisions of Section 8 of the National Housing Act.

Additionally, by adhering to the regulatory agreements established with HUD, Logansport Interfaith Housing Corp ensures that the operations of Pinecrest Manor maintain high standards of management and support for its residents. This commitment not only fosters a safe living environment but also enhances the overall quality of life for community members.

Overall, Logansport Interfaith Housing Corp has a profound impact on the local community by providing affordable housing solutions and fostering a sense of security and belonging for its residents.




This information is meant to be a general summary of Logansport Interfaith Housing Corp. 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.

Revenue
$829,225 (2022)
Expenses
$726,949 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,932
  • Program Service Revenue: $421,578
  • Gross Receipts: $829,225

Assets and Liabilities:

  • Total Assets: $1,925,387
  • Total Liabilities: $69,113
  • Net Assets: $1,856,274

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$421,578

Organization Details

Founding Year

1972

Principal Officer

Howard Lhamon

Main Address

601 PINE STREET, LOGANSPORT, IN, 46947

NTEE Category

Code: L01 - Housing

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