Overview
What is Iowa Falls Housing Inc?
Iowa Falls Housing Inc is a nonprofit organization situated in Iowa Falls, Iowa, dedicated to providing low-cost housing solutions for the elderly, disabled, and families in need. Their primary objective is to ensure the availability of safe and affordable housing for these vulnerable groups. The organization implements a payment system where rent is set at 30% of an individual's yearly income. USDA/Rural Development supplements the remaining amount to make housing even more affordable. Through this program, Iowa Falls Housing has successfully assisted 23 families in securing suitable living arrangements.
Is Iowa Falls Housing Inc legitimate?
Iowa Falls Housing Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Iowa Falls Housing Inc submitted a form 990EZ, 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.
What is the mission statement of Iowa Falls Housing Inc?
Iowa Falls Housing Inc's mission is centered around providing low-cost housing for vulnerable groups, including the elderly, disabled, and families. The organization's primary goal is to ensure the availability of safe and affordable housing options for those in need. To accomplish this, rent is determined as a percentage of the applicant's annual income, with USDA/Rural Development providing subsidies to cover the remaining amount. As a result of this program, Iowa Falls Housing Inc has successfully assisted 23 families in securing affordable housing options.
Who is the CEO of Iowa Falls Housing Inc?
Scott Bahr is the President of Iowa Falls Housing Inc.
What is the revenue of Iowa Falls Housing Inc?
Iowa Falls Housing Inc's revenue in 2022 was $135,395.
Who are the executives of Iowa Falls Housing Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Iowa Falls Housing Inc?
Iowa Falls Housing Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Iowa Falls Housing Inc
Iowa Falls Housing, a nonprofit organization, is committed to providing low-cost housing solutions for the elderly, disabled, and families in need. Their mission is centered around ensuring the accessibility of safe and affordable housing options for these vulnerable populations. The organization calculates rent based on an applicant's annual income, setting it at 30%, with the remaining balance subsidized by USDA/Rural Development. This strategy has enabled Iowa Falls Housing to assist 23 families in securing affordable housing options, thereby contributing positively to their living circumstances.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Iowa Falls Housing Inc significantly enhances the quality of life for vulnerable populations in Iowa Falls, Iowa, by providing low-rent housing tailored for the elderly, disabled individuals, and families. By offering safe and affordable housing options, the organization plays a crucial role in addressing the housing needs of those who may struggle to secure adequate shelter due to financial constraints.
The rent structure—set at 30% of the applicant's yearly income—ensures that affordability is prioritized, allowing residents to maintain their financial stability while still having access to essential housing. The partnership with USDA/Rural Development further amplifies this impact by providing necessary subsidies, making it feasible for 23 families to find a home that meets their needs.
Through its mission, Iowa Falls Housing Inc not only alleviates the burden of housing costs but also fosters a community environment where individuals and families can thrive, contributing to the overall wellbeing of the community.
This information is meant to be a general summary of Iowa Falls Housing Inc. 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: $59
- Program Service Revenue: $115,743
- Gross Receipts: $135,395
Assets and Liabilities:
- Total Assets: $240,356
- Total Liabilities: $24,140
- Net Assets: $216,216
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Phone
(515) 295-2927Principal Officer
Scott Bahr
Main Address
PO Box 476, Algona, IA, 50511
NTEE Category
Code: Z99 - Unknown
If you are a representative of Iowa Falls Housing Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.