Overview
What is Waterloo Housing Trust Fund?
The Waterloo Housing Trust Fund is a charitable organization committed to addressing housing needs in the Waterloo community. Their primary goal is to ensure affordable housing for residents, offering financial aid for the construction of new homes for individuals whose income falls below 80% of the city's median income. Furthermore, they provide transitional or emergency housing and necessary repair services to individuals whose income is below 30% of the area median income (AMI). This nonprofit organization strives to enhance living conditions and promote housing stability for a significant portion of the Waterloo population.
Is Waterloo Housing Trust Fund legitimate?
Waterloo Housing Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waterloo Housing Trust Fund 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.
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What is the mission statement of Waterloo Housing Trust Fund?
The Waterloo Housing Trust Fund's primary mission is centered around providing decent and affordable housing. This is achieved through various means, including funding for the construction of new homes for individuals whose income falls below 80% of the median income in Waterloo. Furthermore, the organization offers programs to provide transitional or emergency housing and repair services to individuals whose income is below 30% of the Area Median Income (AMI).
Who is the CEO of Waterloo Housing Trust Fund?
Eric Donat is the President of Waterloo Housing Trust Fund.
What is the revenue of Waterloo Housing Trust Fund?
Waterloo Housing Trust Fund's revenue in 2022 was $189,154.
Who are the executives of Waterloo Housing Trust Fund and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Waterloo Housing Trust Fund?
Waterloo Housing Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Waterloo Housing Trust Fund
The Waterloo Housing Trust Fund is committed to a noble mission. Its primary objective is to ensure the availability of decent and affordable housing. To achieve this, the fund provides financial assistance for the construction of new homes, catering to individuals whose income falls below 80% of the median income in Waterloo. In addition to this, the organization offers programs designed to provide transitional or emergency housing and essential repair services to individuals living below 30% of the Area Median Income (AMI). The Waterloo Housing Trust Fund's mission is essentially focused on enhancing the living conditions of its community members by making housing more accessible and affordable.
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Impact
October, 2024
The Waterloo Housing Trust Fund significantly impacts the community by facilitating access to decent and affordable housing for individuals and families. By funding the construction of new homes for those earning at or below 80% of Waterloo's median income, it helps to bridge the gap for low-income residents seeking stable housing solutions.
Moreover, the Trust Fund addresses urgent housing needs through transitional and emergency housing programs, supporting individuals in crisis situations. It also provides essential repair services for households earning below 30% of the area median income, ensuring that vulnerable populations can maintain safe and livable environments. Overall, the Trust Fund plays a crucial role in enhancing the quality of life in Waterloo by promoting housing stability and fostering community well-being.
This information is meant to be a general summary of Waterloo Housing Trust Fund. 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.
- Gross Receipts: $189,154
Assets and Liabilities:
- Total Assets: $47,172
- Total Liabilities: $47,172
- Net Assets: $0
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Organization Details
Founding Year
2013
Phone
(319) 235-0311Principal Officer
Eric Donat
Main Address
229 E PARK AVE, WATERLOO, IA, 50703
NTEE Category
Code: L12 - Housing
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