The Housing Fellowship

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

EIN: 421362432 ✦ Iowa city, IA ✦ Designated as a 501(c)(3)

Overview

What is The Housing Fellowship?

The Housing Fellowship is a nonprofit organization situated in Iowa City, Iowa, with an address at 322 E 2nd Street. Its primary mission is to offer affordable housing to individuals with limited incomes, ensuring a total of 219 units are available in the Iowa City area, providing shelter for 560 residents. The organization processes applications for housing, receiving and reviewing 139 applications annually. Moreover, The Housing Fellowship extends financial aid to individuals in need of security deposits by issuing loans. The organization's workforce consists of nine dedicated employees.


Official website here: www.housingfellowship.com

Is The Housing Fellowship legitimate?

The Housing Fellowship is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Housing Fellowship 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.

Here are some key statistics you may want to consider:

Executive Compensation: $329,412
Professional Fundraising Fees: $0
Other Salaries and Wages: $61,460

For more financial information, click here


Official website here: www.housingfellowship.com

What is the mission statement of The Housing Fellowship?

The Housing Fellowship's mission is centered around providing high-quality, affordable housing solutions for individuals with limited income. By taking on this mission, the organization aims to make housing a more accessible resource for a significant number of people. In pursuit of this goal, The Housing Fellowship manages 219 units of affordable housing, providing homes for 560 individuals in their community. They also process applications for housing, and in certain cases, offer loans to help individuals cover security deposit costs.


Official website here: www.housingfellowship.com

Who is the CEO of The Housing Fellowship?

Simon Andrew is the Executive Director of The Housing Fellowship.


Official website here: www.housingfellowship.com

What is the revenue of The Housing Fellowship?

The Housing Fellowship's revenue in 2022 was $3,703,219.


Official website here: www.housingfellowship.com

Who are the executives of The Housing Fellowship and what are their salaries?

The average compensation at The Housing Fellowship during 2022 was $43,430. There are 9 employees and 12 volunteers at The Housing Fellowship.

Here are 15 key members and their salaries:

    Simon Andrew (Executive Director)
  • Compensation: $111,621
  • Related: $0
  • Other: $19,345

    • Ross Resetich (Cfo)
  • Compensation: $90,427
  • Related: $0
  • Other: $16,597

    • Tashundra Marshall (Coo)
  • Compensation: $79,572
  • Related: $0
  • Other: $11,850

    • Melissa Schooley (President(Until 3/22)/ Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Stewart (Vp (Until 3/22)/ President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bronis Perteit (Sec/Treas (Until 3/22) /Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shannon Mcmahon (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roger Bradley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony Branch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tangela Crosby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffery Ford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Hanick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Hektoen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Mcfadden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Seabold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.housingfellowship.com

    Where can I find the form 990 for The Housing Fellowship?

    The The Housing Fellowship’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.housingfellowship.com

    Learn more at the official website: www.housingfellowship.com

    Mission Statement of The Housing Fellowship

    The Housing Fellowship is committed to providing quality homes that are affordable for individuals with limited incomes. This mission is reflected in their activities, as they own and manage 219 units of affordable housing in various locations, providing shelter for 560 people. The organization goes beyond just providing housing; it also processes applications for housing, with 139 applications received and one loan issued to help individuals cover security deposit costs. The Housing Fellowship's mission is a vital contribution to ensuring that everyone, regardless of their financial situation, has access to a decent place to live.

    Impact

    This information is meant to be a general summary of The Housing Fellowship. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Housing Fellowship provides quality homes that are affordable to people with limited incomes in the Iowa City area. They own and manage 219 units of affordable housing, accommodating 560 individuals. Additionally, the organization received and processed 139 applications for housing and issued 1 loan to individuals in need of security deposits. Their impact is significant in addressing housing affordability issues and supporting low-income individuals in securing safe and stable housing.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $2,425,112
  • Program Service Revenue: $1,199,719
  • Gross Receipts: $3,984,807

    • Assets and Liabilities:
  • Total Assets: $15,845,096
  • Total Liabilities: $9,391,649
  • Net Assets: $6,453,447
  • Programs

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

    RENTAL REVENUE

    Revenue

    $1,056,843

    OTHER MANAGEMENT FEES

    Revenue

    $142,931

    NET LOSS OF LIMITED PARTNERSHIPS

    Revenue

    $-55

    Organization Details

    Founding Year

    1990

    Principal Officer

    Simon Andrew

    Main Address

    322 E 2ND STREET, IOWA CITY, IA, 52240

    NTEE Category

    Code: L80 - Housing

    If you are a representative of The Housing Fellowship 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.