Overview
What is Home-In-Stead Inc?
Home-In-Stead Inc is a nonprofit organization based in Leon, Iowa, specifically at 27929 215TH ST. The organization's primary mission is to provide affordable housing options for low-income elderly individuals. They accomplish this through a rental assistance program, funded by the U.S. Department of Housing and Urban Development (HUD), known as the Elderly Cottage Housing Opportunity (ECHO) program. This program consists of 10 movable manufactured modular type housing units situated on family sites in a three-county area near Osceola, Iowa. The organization receives project rental assistance payments from HUD, ensuring that the elderly residents can afford their housing.
Is Home-In-Stead Inc legitimate?
Home-In-Stead Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Home-In-Stead Inc 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:
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What is the mission statement of Home-In-Stead Inc?
Home-In-Stead Inc's mission is centered around providing affordable housing for low-income elderly individuals. They achieve this through a rental assistance program that is administered by the U.S. Department of Housing and Urban Development. This program, known as the 10-unit Elderly Cottage Housing Opportunity (ECHO) project, consists of movable manufactured modular housing units placed on family sites in a three-county area. The organization operates under Section 202 of the National Housing Act and is regulated by the U.S. Department of Housing and Urban Development. Home-In-Stead Inc receives project rental assistance payments from HUD to support this initiative.
What is the revenue of Home-In-Stead Inc?
Home-In-Stead Inc's revenue in 2024 was $134,060.
Who are the executives of Home-In-Stead Inc and what are their salaries?
There 6 volunteers at Home-In-Stead Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Home-In-Stead Inc?
Home-In-Stead Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Home-In-Stead Inc
Home-In-Stead Inc is committed to providing affordable housing solutions for low-income elderly individuals. They achieve this mission through the administration of a rental assistance program, which is overseen by the U.S. Department of Housing and Urban Development (HUD). This program, known as the Elderly Cottage Housing Opportunity (ECHO) project, offers 10 unit housing opportunities in the form of movable manufactured modular types, located on family sites in a three-county area. Home-In-Stead Inc's ECHO project falls under Section 202 of the National Housing Act and is subject to regulation by HUD. The organization receives project rental assistance payments from HUD, further enabling them to fulfill their mission of providing affordable housing for the elderly.
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Impact
October, 2024
Home-In-Stead Inc significantly enhances the quality of life for low-income elderly individuals by providing affordable housing solutions. Through its Elderly Cottage Housing Opportunity (ECHO) program, the organization supplies a unique housing model consisting of movable manufactured modular units. This approach not only addresses the immediate need for affordable living spaces but also promotes accessibility for seniors in a three-county area near Osceola, Iowa.
By administering a rental assistance program in collaboration with the U.S. Department of Housing and Urban Development (HUD), Home-In-Stead Inc ensures that these cottage homes remain within financial reach for those who need it most. This initiative helps to alleviate the challenges of housing insecurity faced by the elderly population, allowing them to live with dignity and independence.
The impact of Home-In-Stead Inc extends beyond just housing; it fosters community and support among residents, facilitating a network where seniors can thrive together. By creating a stable and supportive living environment, the organization plays a crucial role in enhancing the overall well-being and quality of life of elderly individuals who often face isolation and economic hardships. Through its focused efforts, Home-In-Stead Inc is making a meaningful difference in the lives of those it serves.
This information is meant to be a general summary of Home-In-Stead 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 2024.
- Investment Income: $980
- Program Service Revenue: $133,080
- Gross Receipts: $134,060
Assets and Liabilities:
- Total Assets: $634,720
- Total Liabilities: $822,736
- Net Assets: -$188,016
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTAL INCOME
Revenue
$74,508
HUD GOV'T RENT SUBSIDY
Revenue
$58,572
Organization Details
Founding Year
1994
Principal Officer
Keith Hinds
NTEE Category
Code: L20 - Housing
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