EIN 20-8640691

Affordable Housing Network

IRS 501(c) type
501(c)(3)
Num. employees
12
State
Year formed
2007
Most recent tax filings
2023-06-01
Description
Affordable Housing Network operates a mission to provide affordable housing to individuals and families in need. It also runs a neighborhood revitalization project in the Wellington Heights neighborhood of Cedar Rapids with the aim of increasing home ownership, reducing density, and restoring the area to its former majesty and stability. AHNI owns 688 affordable housing rental units and manages 100 additional units for a total of 788 rental units intended for those with low to very low income (between 50% and below the area median income).
Total revenues
$8,670,979
2023
Total expenses
$5,226,063
2023
Total assets
$18,568,829
2023
Num. employees
12
2023

Program areas at Affordable Housing Network

Affordable Housing rentals: ahni owns 416 Affordable Housing rental units and manages 35 Affordable Housing rental units, for a total of 451 rental units intended to be rented to individuals and families with low to very low income. Income between 50% and 80% of area median income (ami) is "low income and income between 30% and 50% of ami is "very low income." Ahni provides the following services to insure a stable and clean living environment: rental agent services and facility maintenance.
Neighborhood revitalization: ahni operates a neighborhood revitalization project in the wellington heights neighborhood of cedar rapids designed to increase home ownership, decrease density and return a neighborhood back to the majestic and stable place it once was. Ahni has rehabbed & sold 41 homes and currently has 52 rental units in the wellington heights neighborhood and are currently renting properties and building as funding and buyers permit. Properties previously rehabilitated are offered to the community as improved rentals, and homes for sale with the ultimate goal of guiding children and families to successful outcomes and strengthening the community. In addition ahni operates an Affordable Housing revitalization project in dubuque. This is done in conjunction with the city of dubuque and their multi-year plan to increase home ownership and create a stable, respectful rental environment. Ahni has purchased and rehabbed 8 properties and sold them as Affordable homes in the last year.

Who funds Affordable Housing Network

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Hall-Perrine FoundationHuman Services Total$50,000
Greater Cedar Rapids Community Foundation (GCRCF)Nonprofit Recovery Grant$25,000
Housing Fund for Linn CountyRental Housing Rehab$13,932

Personnel at Affordable Housing Network

NameTitleCompensation
Mary Beth O'NeillPresident and Chief Executive Officer$0
Tami GillmoreChief Operating Officer$0
Steve SchuringChief Financial Officer$0
Debbie CraigChief Advocacy Officer$0
Kelli MaloneChief Program Officer$0
...and 14 more key personnel

Financials for Affordable Housing Network

RevenuesFYE 06/2023
Total grants, contributions, etc.$508,652
Program services$3,625,525
Investment income and dividends$9,307
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$3,939,152
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$588,343
Total revenues$8,670,979

Form 990s for Affordable Housing Network

Fiscal year endingDate received by IRSFormPDF link
2023-062024-04-30990View PDF
2022-062023-03-30990View PDF
2021-062022-05-13990View PDF
2020-062021-05-20990View PDF
2019-062020-08-27990View PDF
...and 9 more Form 990s
Data update history
July 14, 2024
Used new vendors
Identified 4 new vendors, including , , , and
July 10, 2024
Received grants
Identified 1 new grant, including a grant for $50,000 from Hall-Perrine Foundation
January 2, 2024
Received grants
Identified 3 new grant, including a grant for $50,000 from Hall-Perrine Foundation
June 15, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Housing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesHousing
Characteristics
State / local levelReceives government fundingEndowed supportTax deductible donationsAccepts online donations
General information
Address
5400 Kirkwood Blvd SW
Cedar Rapids, IA 52404
Metro area
Cedar Rapids, IA
County
Linn County, IA
Website URL
affordablehousingnetwork.org/ 
Phone
(319) 365-6247
IRS details
EIN
20-8640691
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L80: Housing Support Services
NAICS code, primary
62422: Community Housing Services
Parent/child status
Central organization
Free account sign-up

Want updates when Affordable Housing Network has new information, or want to find more organizations like Affordable Housing Network?

Create free Cause IQ account