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Nonprofiteer
← STORY COUNTY HOUSING TRUST

Form 990 for tax year 2023

Filed by STORY COUNTY HOUSING TRUST.

Totals

Total revenue
$669,586
Total expenses
$619,116
Contributions and grants received
$666,810
Grants paid
$558,507
Program service revenue
$0
Investment income
$2,776
Other revenue
$0
Total assets, end of year
$148,620
Total liabilities, end of year
$5,832
Net assets or fund balances, end of year
$142,788
Program services expenses (Part IX)
$558,507
Management and general expenses
$60,609
Fundraising expenses
$0
Program service expenses (Part III)
$558,507

Program services were 90.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $654,196

  • 1f · All other contributions, gifts and grants

    $12,614

  • 3 · Investment income

    total $2,776 · excluded $2,776

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $548,507 · program services $548,507

  • 2 · Grants to domestic individuals

    total $10,000 · program services $10,000

  • 11g · Fees: other

    total $60,609 · management and general $60,609

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $116,382 · end of year $148,620

  • 17 · Accounts payable and accrued expenses

    beginning of year $24,064 · end of year $5,832

  • 27 · Net assets without donor restrictions

    beginning of year $92,318 · end of year $142,788

Mission and programs · 2023

Mission

STORY COUNTY HOUSING TRUST PROVIDES LOW INCOME PERSONS IN STORY COUNTY TO INNOVATIVE AND FLEXIBLE FUNDING FROM VARIOUS FEDERAL, STATE AND LOCAL SOURCES OF REVENUE TO PRODUCE NEW AND PRESERVE EXISTING AFFORDABLE HOUSING, TO PROMOTE HOMEOWNERSHIP, AND SUPPORT HOMES AND TRANSITIONAL HOUSING SERVICES.

Activities or mission (Part I)

THE STORY COUNTY HOUSING TRUST IS A NON-PROFIT ORGANIZATION FORMED TO ADDRESS THE HOUSING NEEDS OF LOW INCOME PERSONS IN STORY COUNTY BY PROVIDING INNOVATIVE AND FLEXIBLE FUNDING FROM VARIOUS FEDERAL, STATE AND LOCAL SOURCES OF REVENUE TO PRODUCE NEW AND PRESERVE EXISTING AFFORDABLE HOUSING, TO PROMOTE HOMEOWNERSHIP, AND SUPPORT HOMES AND TRANSITIONAL HOUSING SERVICES.

  • STORY COUNTY HOUSING TRUST PROVIDES FUNDING TO PRODUCE NEW AND PRESERVE EXISTING AFFORDABLE HOUSING, TO PROMOTE HOMEOWNERSHIP, AND SUPPORT HOMES AND TRANSITIONAL HOUSING SERVICES FOR LOW INCOME RESIDENTS OF STORY COUNTY.

    Expenses $558,507 · Grants $558,507

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • AMBER CORRIERI

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • CRAIG HENRY

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • STEVE RINGLEE

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • ERIK BUNKER

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • LATIFAH FAISAL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • NANCY BEATTY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • HOPE METHENY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MARC OLSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LAURIS OLSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ELIZABETH GINDT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • GREG PIKLAPP

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • GREG SCHLUETER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • THE SALVATION ARMY

    $122,913

    TO SUPPORT THE OPERATIONS OF STORY COUNTY COMMUNITY HOUSING AGENCIES

  • GOOD NEIGHBOR EMERGENCY ASSISTANCE

    $95,557

    TO SUPPORT THE OPERATIONS OF STORY COUNTY COMMUNITY HOUSING AGENCIES

  • TUM HANDS - SERVING OTHERS

    $38,505

    TO SUPPORT THE OPERATIONS OF STORY COUNTY COMMUNITY HOUSING AGENCIES

  • NEVADA FUMC

    $35,057

    TO SUPPORT THE OPERATIONS OF STORY COUNTY COMMUNITY HOUSING AGENCIES

  • ASSAULT CARE CENTER EXTENDING SHELTER AND SUPPORT

    $29,013

    TO SUPPORT THE OPERATIONS OF STORY COUNTY COMMUNITY HOUSING AGENCIES

  • CITY OF COLLINS

    $18,449

    TO SUPPORT THE OPERATIONS OF STORY COUNTY COMMUNITY HOUSING AGENCIES

  • CITY OF MAXWELL

    $14,769

    TO SUPPORT THE OPERATIONS OF STORY COUNTY COMMUNITY HOUSING AGENCIES

  • YOUTH & SHELTER SERVICES

    $14,248

    TO SUPPORT THE OPERATIONS OF STORY COUNTY COMMUNITY HOUSING AGENCIES

  • CITY OF ROLAND

    $11,294

    TO SUPPORT THE OPERATIONS OF STORY COUNTY COMMUNITY HOUSING AGENCIES

Provenance

Return type
form_990
Tax year
2023
Filed
14 May 2025
IRS schema version
2023v6.0
Source object
202541359349309434

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