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Nonprofiteer
← STORY COUNTY HOUSING TRUST

Form 990 for tax year 2022

Filed by STORY COUNTY HOUSING TRUST.

Totals

Total revenue
$239,515
Total expenses
$271,188
Contributions and grants received
$237,009
Grants paid
$243,486
Program service revenue
$2,506
Investment income
$0
Other revenue
$0
Total assets, end of year
$116,382
Total liabilities, end of year
$24,064
Net assets or fund balances, end of year
$92,318
Program services expenses (Part IX)
$243,486
Management and general expenses
$27,702
Fundraising expenses
$0
Program service expenses (Part III)
$243,486

Program services were 89.8% 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)

    $230,294

  • 1f · All other contributions, gifts and grants

    $6,715

  • 2a · Program service revenue: MISCELLANEOUS

    total $2,506 · related or exempt $2,506

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $243,486 · program services $243,486

  • 11g · Fees: other

    total $27,702 · management and general $27,702

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $110,310 · end of year $116,382

  • 4 · Accounts receivable

    beginning of year $35,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $21,319 · end of year $24,064

  • 27 · Net assets without donor restrictions

    beginning of year $123,991 · end of year $92,318

Mission and programs · 2022

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 $243,486 · Grants $243,486 · Revenue $2,506

As filed on the 2022 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

  • TUM HANDS - SERVING OTHERS

    $84,685

    TO SUPPORT THE OPERATIONS OF STORY COUNTY COMMUNITY HOUSING AGENCIES

  • ASSAULT CARE CENTER EXTENDING SHELTER AND SUPPORT

    $64,952

    TO SUPPORT THE OPERATIONS OF STORY COUNTY COMMUNITY HOUSING AGENCIES

  • CITY OF COLLINS

    $32,870

    TO SUPPORT THE OPERATIONS OF STORY COUNTY COMMUNITY HOUSING AGENCIES

  • THE SALVATION ARMY

    $18,119

    TO SUPPORT THE OPERATIONS OF STORY COUNTY COMMUNITY HOUSING AGENCIES

  • YOUTH & SHELTER SERVICES

    $17,569

    TO SUPPORT THE OPERATIONS OF STORY COUNTY COMMUNITY HOUSING AGENCIES

  • CITY OF STORY CITY

    $16,000

    TO SUPPORT THE OPERATIONS OF STORY COUNTY COMMUNITY HOUSING AGENCIES

Provenance

Return type
form_990
Tax year
2022
Filed
29 April 2024
IRS schema version
2022v5.0
Source object
202401369349312700

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