NonprofitsAhead Inc

Housing & Shelter

Ahead Inc

OTTUMWA, IA

Total revenue

$587K

Total expenses

$107K

Net assets

$3.5M

Grants received

EIN

421446447

Tax year

2023

Mission

To help first time homebuyers through low interest loans. The loans can be up to $10,000, payable over a maximum of 10 years, at a 3% interest rate, with an equal monthly payment amount from the borrower. In addition, from the regional housing trust fund monies received, our mission is to provide housing rehabilitation assistance to qualified homeowners, and to provide tenant rental and utility assistance to qualified individuals. In addition, a revolving loan fund has been established in relation to this program for owner and rental rehabilitation loans. We have also established a home buyer program. To qualify for this program, the household's income has to be $100,000 or less at the time of the loan, must be in the 6-county area and inside city limits. Furthermore, the loans can be up to $10,000, payable over a maximum of 10 years, at a 3% interest rate, with an equal monthly payment amount from the borrower.

Financials

FY 2023

Revenue

Contributions & grants$558K
Program service revenue$29K
Investment income
Other revenue
Total revenue$587K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$107K
Total expenses$107K
Total assets$3.5M
Net assets$3.5M

People

4 listed

NameRoleCompensation

DAN STRODA

CHARMAN

Board

1 hrs/wk

DAN TOMETICH

VICE-CHAIRMAN

Board

1 hrs/wk

CHRIS BOWERS

SECRETARY/TREASURER

Board

1 hrs/wk

JOHN HELGERSON

DIRECTOR

Board

1 hrs/wk

Details

EIN421446447
NTEE codeL99
Subsection03
Ruling date1995-12
Formed1995
Employees0
Volunteers0
AHEAD INC — Mission, Financials & Grants Received | Grantivo