Overview
What is Homeward Inc?
Homeward Inc, located in Allison, Iowa, is a dedicated nonprofit organization with a mission to promote economic development in rural communities. They accomplish this by offering financial assistance for residential and general economic development projects. This aid often includes providing additional short-term loans for residential home purchases and assisting in the construction and development of speculative housing. By doing so, Homeward Inc contributes to the growth and prosperity of rural areas in Iowa.
Official website here: www.homewardiowa.com
Is Homeward Inc legitimate?
Homeward Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Homeward 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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Official website here: www.homewardiowa.com
What is the mission statement of Homeward Inc?
Homeward Inc's mission is centered around providing aid to communities and organizations in the development and construction of residential housing in rural areas. Their primary goal is to promote economic development in these regions. They achieve this by offering financial assistance for residential and general economic development projects in rural Iowa communities. This assistance has included providing additional short-term lending for home purchases and aiding in the building and development of speculative housing to stimulate rural economic growth.
Official website here: www.homewardiowa.com
Who is the CEO of Homeward Inc?
Jon Leerar is the President of Homeward Inc.
Official website here: www.homewardiowa.com
What is the revenue of Homeward Inc?
Homeward Inc's revenue in 2022 was $599,176.
Official website here: www.homewardiowa.com
Who are the executives of Homeward Inc and what are their salaries?
There 8 volunteers at Homeward Inc.
Here are 8 key members and their salaries:
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Official website here: www.homewardiowa.com
Where can I find the form 990 for Homeward Inc?
Homeward Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.homewardiowa.com
Learn more at the official website: www.homewardiowa.com
Mission Statement of Homeward Inc
Homeward Inc, a nonprofit organization, is committed to providing assistance in the development and construction of residential housing in rural areas of Iowa. Their mission is twofold: firstly, they aim to support communities and organizations in this endeavor, and secondly, they strive to promote economic development in these rural areas. To achieve these goals, Homeward Inc provides financial assistance for both residential and general economic development projects in rural Iowa communities. This aid has taken various forms, such as offering additional short-term lending for residential home purchases and assisting in the building and development of speculative housing to boost rural economic growth. In essence, Homeward Inc plays a crucial role in enhancing living conditions and stimulating economic activity in rural Iowa communities through its housing development and financial assistance initiatives.
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Impact
October, 2024
Homeward Inc has a significant impact on rural communities in Iowa by facilitating the development and construction of residential housing. By providing both financial support and assistance for residential home purchases, the organization plays a critical role in enhancing the housing landscape in rural areas. This not only addresses the immediate need for residential properties but also fosters long-term economic development by encouraging population retention and attracting new residents.
The organization's efforts to aid in the building of speculative housing create opportunities for families and individuals seeking affordable living options, thereby stimulating local economies. By partnering with communities and organizations, Homeward Inc ensures that these areas have the necessary infrastructure to support growth, which contributes to a vibrant, sustainable rural future. Overall, Homeward Inc’s initiatives are instrumental in improving the quality of life in rural Iowa, promoting both housing stability and economic resilience.
This information is meant to be a general summary of Homeward 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: $17,214
- Program Service Revenue: $28,794
- Gross Receipts: $599,176
Assets and Liabilities:
- Total Assets: $2,376,665
- Total Liabilities: $22,792
- Net Assets: $2,353,873
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST
Revenue
$28,794
Organization Details
Founding Year
1996
Phone
(319) 267-2726Principal Officer
Jon Leerar
Main Address
521 N MAIN STREET PO BOX 98, ALLISON, IA, 506020098
Website
www.homewardiowa.comNTEE Category
Code: L81 - Housing
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