Anawim Housing

Organization Overview

Anawim Housing, operating under the name Allterra Property Solutions, is located in Des Moines, IA. The organization was established in 1988. 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. As of 12/2021, Allterra Property Solutions employed 97 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Allterra Property Solutions is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Allterra Property Solutions generated $6.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $6.7m during the year ending 12/2021. While expenses have increased by 3.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE SAFE, AFFORDABLE HOUSING WHICH ASSISTS IN THE STABILIZATION OF LOW INCOME FAMILIES AND THE REVITALIZATION OF THE DES MOINES METROPOLITAN NEIGHBORHOODS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COMMUNITY AND PROJECT BASED PROPERTY MANAGEMENT - OWN AND MANAGE RENTAL HOUSING UNITS FOR LOW-INCOME FAMILIES. RENTAL MANAGEMENT INCLUDES THE ADMINISTRATION OF RENTAL SUBSIDIES, THE MARKETING AND LEASING OF BOTH OWNED AND NON-OWNED UNITS, ENSURING UNIT AND FAMILY COMPLIANCE WITH BUILDING AND OCCUPANCY CODES, AS WELL AS OTHER REGULATORY AGENCIES.SERVICES ARE PROVIDED THROUGH THE FOLLOWING:PERMANENT RENTAL HOUSING TO QUALIFIED LOW INCOME INDIVIDUALS/FAMILIES WITH A SECTION 8 SUBSIDY VOUCHER LOW INCOME HOUSING CONTRACTED THROUGH DES MOINES PUBLIC HOUSING LOW INCOME HOUSING WITHIN LIMITED PARTNERSHIP ARRANGEMENTS


HOUSING DEVELOPMENT - PROVIDE COORDINATION AND DEVELOPMENT OF HOUSING PROJECTS FOR THE GENERAL LOW INCOME PUBLIC. HOUSING IS DEVELOPED AS AFFORDABLE TO THESE HOUSEHOLDS WITH AN INCOME THAT IS 60% OR LESS OF THE AREA MEDIAN INCOME.


RENTAL SUBSIDIES - INVOLVES THE ADMINISTRATION OF RENTAL SUBSIDIES TO INDIVIDUALS AND FAMILIES WITH DISABILITY OF MENTAL ILLNESS, CHRONIC SUBSTANCE ABUSE, OR AIDS OR OTHER RELATED DISEASES FROM FUNDS GENERALLY PASSED THROUGH FROM GOVERNMENTAL AGENCIES.


FAMILY SERVICES - THESE SERVICES INCLUDE ASSISTING FAMILIES LIVING IN AFFILIATES HOUSING TO ESTABLISH GOALS WHICH WILL ENABLE THEM TO HANDLE FAMILY CRISES, STRENGTHEN ECONOMIC STABILITY, AND BECOME CONTRIBUTING MEMBERS OF THE COMMUNITY IN WHICH THEY LIVE. FAMILY SERVICES WILL DO THIS BY LOCATING RESOURCES AND PROVIDING ENCOURAGEMENT AND SUPPORT AS THE FAMILY STRIVES TO MEET THESE GOALS.


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Board, Officers & Key Employees

Name (title)Compensation
Russell Frazier
President
$199,536
Nick Goede
VP Of Property Development
$100,206
Cynthia Latcham
Executive Director
$98,326
Claudette Mcdonald
Vice Chair
$0
Christine Comito
Chair
$0
Shannon Cofield
Past Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $3,929,422
All other contributions, gifts, grants, and similar amounts not included above$1,018,691
Noncash contributions included in lines 1a–1f $395,802
Total Revenue from Contributions, Gifts, Grants & Similar$4,948,113
Total Program Service Revenue$1,176,656
Investment income $22,747
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $421,930
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,675,013

Grants Recieved

Over the last fiscal year, we have identified 11 grants that Anawim Housing has recieved totaling $130,651.

Awarding OrganizationAmount
Nelson Foundation

West Des Moines, IA

PURPOSE: HOUSUNG

$25,000
Community Fdn Of Greater Des Moines

Des Moines, IA

PURPOSE: GRANT DISTRIBUTION

$23,533
Iowa West Foundation

Council Bluffs, IA

PURPOSE: SUPPORTIVE HOUSING PLAN

$20,000
Community Fdn Of Greater Des Moines

Des Moines, IA

PURPOSE: GRANT DISTRIBUTION

$15,000
Community Fdn Of Greater Des Moines

Des Moines, IA

PURPOSE: GRANT DISTRIBUTION

$11,754
Community Fdn Of Greater Des Moines

Des Moines, IA

PURPOSE: GRANT DISTRIBUTION

$10,000
View Grant Recipient Profile

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