Ainsworth Community Housing Inc is located in Wayland, IA. The organization was established in 1981. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ainsworth Community Housing Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Ainsworth Community Housing Inc generated $60.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $50.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES 16 APARTMENTS TO LOW TO MODERATE INCOME ELDERLY AND DISABLED INDIVIDUALS ON A SLIDING FEE SCALE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Bean President | 4 | $0 | |
Dana Anding Director | 2 | $0 | |
Patty Elliot Treasurer | 2 | $0 | |
Carson Bean Director | 2 | $0 | |
Erin Kaufman Secretary | 2 | $0 | |
Jeff Freyenberger Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,197 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $239 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $60,436 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $50,410 |
| Total expenses | $50,410 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $170,083 |
| Other assets | $0 |
| Total assets | $455,850 |
| Total liabilities | $471,563 |
| Net assets or fund balances | -$15,713 |